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Advantest (STU:VAN) Shiller PE Ratio : 126.77 (As of Oct. 31, 2024)


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What is Advantest Shiller PE Ratio?

As of today (2024-10-31), Advantest's current share price is €55.78. Advantest's E10 for the quarter that ended in Jun. 2024 was €0.44. Advantest's Shiller PE Ratio for today is 126.77.

The historical rank and industry rank for Advantest's Shiller PE Ratio or its related term are showing as below:

STU:VAN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 36.76   Med: 84.76   Max: 136.76
Current: 115.55

During the past years, Advantest's highest Shiller PE Ratio was 136.76. The lowest was 36.76. And the median was 84.76.

STU:VAN's Shiller PE Ratio is ranked worse than
87.79% of 434 companies
in the Semiconductors industry
Industry Median: 29.115 vs STU:VAN: 115.55

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Advantest's adjusted earnings per share data for the three months ended in Jun. 2024 was €0.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.44 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advantest Shiller PE Ratio Historical Data

The historical data trend for Advantest's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Advantest Shiller PE Ratio Chart

Advantest Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.97 101.78 67.73 55.26 96.09

Advantest Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.56 70.37 96.09 86.38 -

Competitive Comparison of Advantest's Shiller PE Ratio

For the Semiconductor Equipment & Materials subindustry, Advantest's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Advantest's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Advantest's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Advantest's Shiller PE Ratio falls into.



Advantest Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Advantest's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=55.78/0.44
=126.77

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Advantest's E10 for the quarter that ended in Jun. 2024 is calculated as:

For example, Advantest's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.19/108.2000*108.2000
=0.190

Current CPI (Jun. 2024) = 108.2000.

Advantest Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 0.030 98.500 0.033
201412 0.041 97.900 0.045
201503 0.076 97.900 0.084
201506 0.017 98.400 0.019
201509 0.012 98.500 0.013
201512 -0.003 98.100 -0.003
201603 0.042 97.900 0.046
201606 0.055 98.100 0.061
201609 0.026 98.000 0.029
201612 0.001 98.400 0.001
201703 0.073 98.100 0.081
201706 0.010 98.500 0.011
201709 0.038 98.800 0.042
201712 0.024 99.400 0.026
201803 0.104 99.200 0.113
201806 0.136 99.200 0.148
201809 0.156 99.900 0.169
201812 0.177 99.700 0.192
201903 0.088 99.700 0.096
201906 0.125 99.800 0.136
201909 0.156 100.100 0.169
201912 0.124 100.500 0.134
202003 0.156 100.300 0.168
202006 0.109 99.900 0.118
202009 0.141 99.900 0.153
202012 0.121 99.300 0.132
202103 0.324 99.900 0.351
202106 0.184 99.500 0.200
202109 0.156 100.100 0.169
202112 0.256 100.100 0.277
202203 0.263 101.100 0.281
202206 0.338 101.800 0.359
202209 0.322 103.100 0.338
202212 0.270 104.100 0.281
202303 0.289 104.400 0.300
202306 0.081 105.200 0.083
202309 0.143 106.200 0.146
202312 0.183 106.800 0.185
202403 0.126 107.200 0.127
202406 0.190 108.200 0.190

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Advantest  (STU:VAN) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Advantest Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Advantest's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Advantest Business Description

Traded in Other Exchanges
Address
1-6-2, Marunouchi, Shin-Marunouchi Center Building, Chiyoda-ku, Tokyo, JPN, 100-0005
Advantest Corp is a Japan-based company that manufactures and distributes semiconductor test systems and mechatronic products for applications in testing and measurement, healthcare, nanotechnology and other end markets. The firm's product portfolio includes integrated circuit test systems, e-beam lithography, scanning electron microscopy metrology, solid state drive test systems, terahertz spectroscopy, and other electronic measuring instruments. The firm has operations in Japan, the United States, Europe, Singapore, China, Taiwan, and Korea.

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