TOELF (Tokyo Electron) Shiller PE Ratio: 61.64 (As of Jul. 30, 2026) — 31% Above Median

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TOELF Tokyo Electron Ltd TOELF
89 GF Score
Price $313.14
GF Value $209.58
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tokyo Electron Shiller PE Ratio?

Tokyo Electron TOELF -5.65% 89 Shiller PE Ratio is 61.64 as of Jul. 30, 2026, which is 31% above its 10-year median of 47.21. GuruFocus rates TOELF with a GF Score™ of 89/100 and a GF Value™ of $209.58 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 547 Semiconductors companies, Tokyo Electron ranks worse than 70.38% on this metric.

As of today (2026-07-30), Tokyo Electron's current share price is $313.144. Tokyo Electron's E10 for the quarter that ended in Mar. 2026 was $5.08. Tokyo Electron's Shiller PE Ratio for today is 61.64.

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

TOELF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 26.71   Med: 47.21   Max: 97.11
Current: 64.43

During the past years, Tokyo Electron's highest Shiller PE Ratio was 97.11. The lowest was 26.71. And the median was 47.21.

TOELF's Shiller PE Ratio is ranked worse than
70.38% of 547 companies
in the Semiconductors industry
Industry Median: 41.3 vs TOELF: 64.43

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.

Tokyo Electron's adjusted earnings per share data for the three months ended in Mar. 2026 was $2.947. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $5.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tokyo Electron  (OTCPK:TOELF) 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.


Tokyo Electron Shiller PE Ratio Related Terms


Tokyo Electron Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Tokyo Electron'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.

Tokyo Electron Shiller PE Ratio Chart

Tokyo Electron Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.94 36.40 73.96 30.53 47.97

Tokyo Electron Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 30.53 40.48 37.25 46.66 47.97

TOELF vs AMAT, LRCX, KLAC: Shiller PE Ratio Comparison

For the Semiconductor Equipment & Materials subindustry, Tokyo Electron'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.


Tokyo Electron Shiller PE Ratio vs Semiconductors Industry

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

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


TOELF
89GF Score
Tokyo Electron Ltd TOELF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Electron 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.

Tokyo Electron's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=313.144/5.08
=61.64

* 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.

Tokyo Electron's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, Tokyo Electron's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=2.947/112.7000*112.7000
=2.947

Current CPI (Mar. 2026) = 112.7000.

Tokyo Electron Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.244 98.100 0.280
201609 0.583 98.000 0.670
201612 0.453 98.400 0.519
201703 0.849 98.100 0.975
201706 0.753 98.500 0.862
201709 0.903 98.800 1.030
201712 0.730 99.400 0.828
201803 1.393 99.200 1.583
201806 1.025 99.200 1.164
201809 1.436 99.900 1.620
201812 0.881 99.700 0.996
201903 1.168 99.700 1.320
201906 0.601 99.800 0.679
201909 0.907 100.100 1.021
201912 0.956 100.500 1.072
202003 1.126 100.300 1.265
202006 1.118 99.900 1.261
202009 1.121 99.900 1.265
202012 0.948 99.300 1.076
202103 1.662 99.900 1.875
202106 1.943 99.500 2.201
202109 1.931 100.100 2.174
202112 2.059 100.100 2.318
202203 2.279 101.100 2.540
202206 1.401 101.800 1.551
202209 2.663 103.100 2.911
202212 1.349 104.100 1.460
202303 1.889 104.400 2.039
202306 0.969 105.200 1.038
202309 1.063 106.200 1.128
202312 1.516 106.800 1.600
202403 1.794 107.200 1.886
202406 1.726 108.200 1.798
202409 1.782 108.900 1.844
202412 2.216 110.700 2.256
202503 2.088 111.100 2.118
202506 1.775 111.700 1.791
202509 1.820 112.000 1.831
202512 1.652 113.000 1.648
202603 2.947 112.700 2.947

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 61.64 mean?
Tokyo Electron (TOELF) has a Shiller PE Ratio of 61.64 as of Jul. 30, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Tokyo Electron and its competitors. This is 31% above median its historical median of 47.21. Over the past decade, Tokyo Electron's Shiller PE Ratio has ranged from 26.71 to 97.11. According to the industry distribution chart, Tokyo Electron ranks #385 out of 547 companies in the Semiconductors industry, placing it in the top 70.4%.
Is Tokyo Electron's Shiller PE Ratio too high?
Tokyo Electron's current Shiller PE Ratio of 61.64 is 31% above median its 10-year median of 47.21. Over the past 10 years, this metric has ranged from a low of 26.71 to a high of 97.11. The Semiconductors industry median Shiller PE Ratio is 41.30. Tokyo Electron's value of 61.64 is 49.2% above this industry median. Based on the distribution chart, Tokyo Electron ranks #385 out of 547 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Tokyo Electron has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electron's Shiller PE Ratio compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Tokyo Electron ranks #385 out of 547 companies for Shiller PE Ratio. This places Tokyo Electron in the lower half of its industry. The industry median Shiller PE Ratio is 41.30. Tokyo Electron's value of 61.64 is 49.2% above this benchmark. Historically, Tokyo Electron's own Shiller PE Ratio has ranged from 26.71 to 97.11 over the past decade. While the company's 10-year median is 47.21 vs. the industry median of 41.30, Tokyo Electron has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Semiconductors company?
The median Shiller PE Ratio among Semiconductors companies is 41.30, based on 547 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tokyo Electron's current Shiller PE Ratio of 61.64 is 49.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Tokyo Electron and its competitors. For the Semiconductors industry, the median Shiller PE Ratio is 41.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Electron's current Shiller PE Ratio is 61.64, which is 31% above median its own 10-year median of 47.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Electron stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Electron (TOELF) is currently considered Significantly Overvalued. The stock's GF Value™ is $209.58, compared to a current price of $313.14 — trading 49.4% above its estimated fair value. The current Shiller PE Ratio is 61.64, which is 31% above median its 10-year median of 47.21 and 49.2% above the Semiconductors industry median of 41.30. Tokyo Electron's overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Tokyo Electron (TOELF), the current Shiller PE Ratio is 61.64 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tokyo Electron (TOELF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Electron stock appears to be overvalued. The current stock price of $313.14 is trading 49.4% above its estimated GF Value™ of $209.58. GuruFocus considers Tokyo Electron to be Significantly Overvalued.

Key valuation signals for TOELF:

  • Shiller PE Ratio: 61.64 (31% above median its 10-year median of 47.21)
  • GF Value™: $209.58 vs. price of $313.14 (49.4% above fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 49.2% above the Semiconductors median (#385 of 547)

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


Tokyo Electron Business Description

Address 5-3-1 Akasaka, 38th Floor, Akasaka Biz Tower, Minato-ku, Tokyo, JPN, 107-6325
Tokyo Electron is a major supplier of semiconductor fabrication tools. It operates primarily in the etching, deposition, and cleaning segments, which involve adding and removing materials to and from semiconductor wafers. Customers include leading-edge logic, foundry, and memory chipmakers such as Samsung Electronics, Intel, TSMC, and SK Hynix.
89GF Score

Get the complete analysis for TOELF

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

$313.14
Price
$209.58
GF Value