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Toppan HoldingsTOPPY -2.77%83 Shiller PE Ratio is 22.31 as of Aug. 20, 2026, which is 12% above its 10-year median of 19.94. GuruFocus rates TOPPY with a GF Score™ of 83/100 and a GF Value™ of $14.76 (Fairly Valued). The stock has 7 warning signs investors should review. Among 358 Conglomerates companies, Toppan Holdings ranks worse than 64.25% on this metric.
As of today (2026-08-20), Toppan Holdings's current share price is $16.06. Toppan Holdings's E10 for the quarter that ended in Mar. 2026 was $0.72. Toppan Holdings's Shiller PE Ratio for today is 22.31.
The historical rank and industry rank for Toppan Holdings's Shiller PE Ratio or its related term are showing as below:
TOPPY'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.01 Med: 19.94 Max: 42.9
Current: 21.41
During the past years, Toppan Holdings's highest Shiller PE Ratio was 42.90. The lowest was 11.01. And the median was 19.94.
TOPPY's Shiller PE Ratio is ranked worse than 64.25% of 358
companies
in the Conglomerates industry
Industry Median: 17.425
vs TOPPY: 21.41
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.
Toppan Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.076. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.72 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Toppan Holdings (OTCPK:TOPPY) 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.
Toppan Holdings Shiller PE Ratio Related Terms
Toppan Holdings Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Toppan Holdings'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.
For the Conglomerates subindustry, Toppan Holdings'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.
Toppan Holdings Shiller PE Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Toppan Holdings's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Toppan Holdings's Shiller PE Ratio falls into.
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.
Toppan Holdings's Shiller PE Ratio for today is calculated as
* 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.
Toppan Holdings's E10 for the quarter that ended in Mar. 2026 is calculated as:
For example, Toppan Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was:
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.
Toppan Holdings (TOPPY) has a Shiller PE Ratio of 22.31 as of Aug. 20, 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 Toppan Holdings and its competitors. This is 12% above median its historical median of 19.94. Over the past decade, Toppan Holdings' Shiller PE Ratio has ranged from 11.01 to 42.90. According to the industry distribution chart, Toppan Holdings ranks #230 out of 358 companies in the Conglomerates industry, placing it in the top 64.2%.
Is Toppan Holdings' Shiller PE Ratio too high?
Toppan Holdings' current Shiller PE Ratio of 22.31 is 12% above median its 10-year median of 19.94. Over the past 10 years, this metric has ranged from a low of 11.01 to a high of 42.90. The Conglomerates industry median Shiller PE Ratio is 17.43. Toppan Holdings' value of 22.31 is 28% above this industry median. Based on the distribution chart, Toppan Holdings ranks #230 out of 358 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Toppan Holdings has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toppan Holdings' Shiller PE Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Toppan Holdings ranks #230 out of 358 companies for Shiller PE Ratio. This places Toppan Holdings in the lower half of its industry. The industry median Shiller PE Ratio is 17.43. Toppan Holdings' value of 22.31 is 28% above this benchmark. Historically, Toppan Holdings' own Shiller PE Ratio has ranged from 11.01 to 42.90 over the past decade. While the company's 10-year median is 19.94 vs. the industry median of 17.43, Toppan Holdings 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 Conglomerates company?
The median Shiller PE Ratio among Conglomerates companies is 17.43, based on 358 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. Toppan Holdings's current Shiller PE Ratio of 22.31 is 28% 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 Toppan Holdings and its competitors. For the Conglomerates industry, the median Shiller PE Ratio is 17.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toppan Holdings's current Shiller PE Ratio is 22.31, which is 12% above median its own 10-year median of 19.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toppan Holdings stock overvalued right now?
Based on GuruFocus' analysis, Toppan Holdings (TOPPY) is currently considered Fairly Valued. The stock's GF Value™ is $14.76, compared to a current price of $16.06 — trading 8.8% above its estimated fair value. The current Shiller PE Ratio is 22.31, which is 12% above median its 10-year median of 19.94 and 28% above the Conglomerates industry median of 17.43. Toppan Holdings' overall GF Score™ is 83/100 with 7 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 Toppan Holdings (TOPPY), the current Shiller PE Ratio is 22.31 as of Aug. 20, 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 Toppan Holdings (TOPPY) Overvalued in 2026?
Based on GuruFocus' analysis, Toppan Holdings stock appears to be overvalued.
The current stock price of $16.06 is trading 8.8% above its estimated GF Value™ of $14.76.
GuruFocus considers Toppan Holdings to be Fairly Valued.
Key valuation signals for TOPPY:
Shiller PE Ratio: 22.31 (12% above median its 10-year median of 19.94)
GF Value™: $14.76 vs. price of $16.06 (8.8% above fair value)
Industry Position: 28% above the Conglomerates median (#230 of 358)
No single metric tells the full story. See the TOPPY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Toppan Holdings Inc provides products and services geared toward printing technologies. Its product portfolio of printing technologies consists of in-store advertisements, books, magnetic cards, floor filters, wallpaper, flexible packaging, and other solutions. The company operates three business segments: information and communication (the majority of total revenue), electronics, and living and industry. Toppan Printing provides secure documents, such as credit cards, coupons, and business forms, and offers a mix of marketing materials to increase diversification. It utilizes sales promotion personnel, printing press operators, and research personnel to develop solutions for customers. Operations and sales are located in Japan.
83GF Score
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