TMICF (Trend Micro) Shiller PE Ratio: (As of Sep. 12, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TMICF Trend Micro Inc TMICF
91 GF Score
Price $38.80
GF Value $52.05
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Trend Micro Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Trend Micro  (OTCPK:TMICF) 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.


Trend Micro Shiller PE Ratio Related Terms


Trend Micro Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Trend Micro'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.

Trend Micro Shiller PE Ratio Chart

Trend Micro Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.81 30.50 38.12 40.27 28.83

Trend Micro Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 46.01 36.59 28.83 22.91 0.00

TMICF vs MSFT, PLTR, ORCL: Shiller PE Ratio Comparison

For the Software - Infrastructure subindustry, Trend Micro'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.


Trend Micro Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Trend Micro's Shiller PE Ratio distribution charts can be found below:

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


TMICF
91GF Score
Trend Micro Inc TMICF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trend Micro 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.

Trend Micro's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Trend Micro's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.163/113.6000*113.6000
=0.163

Current CPI (Jun. 2026) = 113.6000.

Trend Micro Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.457 98.000 0.530
201612 0.449 98.400 0.518
201703 0.348 98.100 0.403
201706 0.387 98.500 0.446
201709 0.595 98.800 0.684
201712 0.329 99.400 0.376
201803 0.446 99.200 0.511
201806 0.448 99.200 0.513
201809 0.480 99.900 0.546
201812 0.464 99.700 0.529
201903 0.443 99.700 0.505
201906 0.448 99.800 0.510
201909 0.579 100.100 0.657
201912 0.369 100.500 0.417
202003 0.590 100.300 0.668
202006 0.417 99.900 0.474
202009 0.262 99.900 0.298
202012 0.547 99.300 0.626
202103 0.581 99.900 0.661
202106 0.502 99.500 0.573
202109 0.596 100.100 0.676
202112 0.799 100.100 0.907
202203 0.515 101.100 0.579
202206 0.343 101.800 0.383
202209 0.674 103.100 0.743
202212 0.072 104.100 0.079
202303 0.343 104.400 0.373
202306 0.283 105.200 0.306
202309 0.050 106.200 0.053
202312 -0.103 106.800 -0.110
202403 0.526 107.200 0.557
202406 0.339 108.200 0.356
202409 0.454 108.900 0.474
202412 0.392 110.700 0.402
202503 0.449 111.100 0.459
202506 0.286 111.700 0.291
202509 0.644 112.000 0.653
202512 0.368 113.000 0.370
202603 0.572 112.700 0.577
202606 0.163 113.600 0.163

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.

Is Trend Micro (TMICF) Overvalued in 2026?

Based on GuruFocus' analysis, Trend Micro stock appears to be undervalued. The current stock price of $38.80 is trading 25.5% below its estimated GF Value™ of $52.05. GuruFocus considers Trend Micro to be Modestly Undervalued.

Key valuation signals for TMICF:

  • Shiller PE Ratio:
  • GF Value™: $52.05 vs. price of $38.80 (25.5% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the TMICF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trend Micro Business Description

Address 4-1-6 Shinjuku, JR Shinjuku Miraina Tower, Shinjuku-ku, Tokyo, JPN, 160-0022
Trend Micro Inc provides antivirus and other security products that protect the flow of information on PCs, file servers, e-mail servers, and the Internet gateway. The company operates through four geographic segments: Japan, North America, Europe, and Asia-Pacific.
91GF Score

Get the complete analysis for TMICF

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.80
Price
$52.05
GF Value