TOTO (TOTDF) Shiller PE Ratio: 29.66 (As of Aug. 29, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TOTDF TOTO Ltd TOTDF
74 GF Score
Price $39.75
GF Value $27.48
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is TOTO Shiller PE Ratio?

TOTO TOTDF -1.24% 74 Shiller PE Ratio is 29.66 as of Aug. 29, 2026, which is 8% above its 10-year median of 27.57. GuruFocus rates TOTDF with a GF Score™ of 74/100 and a GF Value™ of $27.48 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,040 Construction companies, TOTO ranks worse than 73.37% on this metric.

As of today (2026-08-29), TOTO's current share price is $39.75. TOTO's E10 for the quarter that ended in Mar. 2026 was $1.34. TOTO's Shiller PE Ratio for today is 29.66.

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

TOTDF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.38   Med: 27.57   Max: 63.29
Current: 30.11

During the past years, TOTO's highest Shiller PE Ratio was 63.29. The lowest was 16.38. And the median was 27.57.

TOTDF's Shiller PE Ratio is ranked worse than
73.37% of 1040 companies
in the Construction industry
Industry Median: 16.845 vs TOTDF: 30.11

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.

TOTO's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.448. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.34 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


TOTO  (OTCPK:TOTDF) 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.


TOTO Shiller PE Ratio Related Terms


TOTO Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for TOTO'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.

TOTO Shiller PE Ratio Chart

TOTO 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 25.92 21.14 20.58 18.91 24.37

TOTO 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 17.54 19.38 20.90 24.37 0.00

TOTDF vs TT, JCI, CARR: Shiller PE Ratio Comparison

For the Building Products & Equipment subindustry, TOTO'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.


TOTO Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, TOTO's Shiller PE Ratio distribution charts can be found below:

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


TOTDF
74GF Score
TOTO Ltd TOTDF
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOTO 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.

TOTO's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=39.75/1.34
=29.66

* 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.

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

For example, TOTO'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)
=0.448/112.7000*112.7000
=0.448

Current CPI (Mar. 2026) = 112.7000.

TOTO Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.246 98.100 0.283
201609 0.506 98.000 0.582
201612 0.590 98.400 0.676
201703 0.430 98.100 0.494
201706 0.257 98.500 0.294
201709 0.545 98.800 0.622
201712 0.584 99.400 0.662
201803 0.585 99.200 0.665
201806 0.260 99.200 0.295
201809 0.444 99.900 0.501
201812 0.474 99.700 0.536
201903 0.534 99.700 0.604
201906 0.174 99.800 0.196
201909 0.505 100.100 0.569
201912 0.504 100.500 0.565
202003 0.101 100.300 0.113
202006 0.055 99.900 0.062
202009 0.190 99.900 0.214
202012 0.687 99.300 0.780
202103 0.568 99.900 0.641
202106 0.481 99.500 0.545
202109 0.582 100.100 0.655
202112 0.646 100.100 0.727
202203 0.387 101.100 0.431
202206 0.464 101.800 0.514
202209 0.342 103.100 0.374
202212 0.761 104.100 0.824
202303 0.118 104.400 0.127
202306 0.239 105.200 0.256
202309 0.437 106.200 0.464
202312 0.402 106.800 0.424
202403 0.421 107.200 0.443
202406 0.326 108.200 0.340
202409 0.338 108.900 0.350
202412 0.745 110.700 0.758
202503 -0.958 111.100 -0.972
202506 0.258 111.700 0.260
202509 0.104 112.000 0.105
202512 0.764 113.000 0.762
202603 0.448 112.700 0.448

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 29.66 mean?
TOTO (TOTDF) has a Shiller PE Ratio of 29.66 as of Aug. 29, 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 TOTO and its competitors. This is near median its historical median of 27.57. Over the past decade, TOTO's Shiller PE Ratio has ranged from 16.38 to 63.29. According to the industry distribution chart, TOTO ranks #763 out of 1040 companies in the Construction industry, placing it in the top 73.4%.
Is TOTO's Shiller PE Ratio too high?
TOTO's current Shiller PE Ratio of 29.66 is near median its 10-year median of 27.57. Over the past 10 years, this metric has ranged from a low of 16.38 to a high of 63.29. The Construction industry median Shiller PE Ratio is 16.85. TOTO's value of 29.66 is 76.1% above this industry median. Based on the distribution chart, TOTO ranks #763 out of 1040 companies in the Construction industry, which is below the industry midpoint. Overall, TOTO has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOTO's Shiller PE Ratio compare to TT and JCI?
According to the Construction industry distribution chart, TOTO ranks #763 out of 1040 companies for Shiller PE Ratio. This places TOTO in the lower half of its industry. The industry median Shiller PE Ratio is 16.85. TOTO's value of 29.66 is 76.1% above this benchmark. Historically, TOTO's own Shiller PE Ratio has ranged from 16.38 to 63.29 over the past decade. While the company's 10-year median is 27.57 vs. the industry median of 16.85, TOTO 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 Construction company?
The median Shiller PE Ratio among Construction companies is 16.85, based on 1,040 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. TOTO's current Shiller PE Ratio of 29.66 is 76.1% 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 TOTO and its competitors. For the Construction industry, the median Shiller PE Ratio is 16.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOTO's current Shiller PE Ratio is 29.66, which is near median its own 10-year median of 27.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOTO stock overvalued right now?
Based on GuruFocus' analysis, TOTO (TOTDF) is currently considered Significantly Overvalued. The stock's GF Value™ is $27.48, compared to a current price of $39.75 — trading 44.7% above its estimated fair value. The current Shiller PE Ratio is 29.66, which is near median its 10-year median of 27.57 and 76.1% above the Construction industry median of 16.85. TOTO's overall GF Score™ is 74/100 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 TOTO (TOTDF), the current Shiller PE Ratio is 29.66 as of Aug. 29, 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 TOTO (TOTDF) Overvalued in 2026?

Based on GuruFocus' analysis, TOTO stock appears to be overvalued. The current stock price of $39.75 is trading 44.7% above its estimated GF Value™ of $27.48. GuruFocus considers TOTO to be Significantly Overvalued.

Key valuation signals for TOTDF:

  • Shiller PE Ratio: 29.66 (near median its 10-year median of 27.57)
  • GF Value™: $27.48 vs. price of $39.75 (44.7% above fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 76.1% above the Construction median (#763 of 1040)

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


TOTO Business Description

Other Exchanges TOTDY:USA5332:Japan
Address 2-1-1 Nakajima, Kokurakita Ward, Fukuoka Prefecture, Kitakyushu, JPN, 802-8601
TOTO Ltd manufactures and sells bathroom materials for maintenance, improvement, construction, and home improvement projects. The company's product portfolio includes toilets, urinals, sinks, plumbing accessories, bathtubs, unit bathrooms, faucets, drain fittings, marble counters, and electric water heaters, and others.. The firm organizes itself based on geography and operates through six business segments, which include the Japan Housing Equipment Business segment, the Mainland China Business segment, the Asia and Oceania Business segment, the Americas Business segment, the Europe Business segment, and the New field business - Ceramic business.. It generates the majority of its revenue from the Japan Housing Equipment Business segment.
74GF Score

Get the complete analysis for TOTDF

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

$39.75
Price
$27.48
GF Value