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Toa Road (TSE:1882) Shiller PE Ratio : 17.68 (As of May. 26, 2024)


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What is Toa Road Shiller PE Ratio?

As of today (2024-05-26), Toa Road's current share price is 円1211.00. Toa Road's E10 for the quarter that ended in Dec. 2023 was 円68.48. Toa Road's Shiller PE Ratio for today is 17.68.

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

TSE:1882' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.41   Med: 7.26   Max: 20.5
Current: 17.68

During the past years, Toa Road's highest Shiller PE Ratio was 20.50. The lowest was 4.41. And the median was 7.26.

TSE:1882's Shiller PE Ratio is ranked worse than
56.19% of 986 companies
in the Construction industry
Industry Median: 15.55 vs TSE:1882: 17.68

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.

Toa Road's adjusted earnings per share data for the three months ended in Dec. 2023 was 円22.446. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円68.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toa Road Shiller PE Ratio Historical Data

The historical data trend for Toa Road'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.

Toa Road Shiller PE Ratio Chart

Toa Road Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.69 5.62 6.96 7.38 11.02

Toa Road Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.68 11.02 13.70 15.50 19.54

Competitive Comparison of Toa Road's Shiller PE Ratio

For the Engineering & Construction subindustry, Toa Road'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.


Toa Road's Shiller PE Ratio Distribution in the Construction Industry

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

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



Toa Road 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.

Toa Road's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1211.00/68.48
=17.68

* 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.

Toa Road's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Toa Road's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=22.446/106.8000*106.8000
=22.446

Current CPI (Dec. 2023) = 106.8000.

Toa Road Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 41.970 95.700 46.838
201406 -15.320 98.000 -16.696
201409 19.660 98.500 21.317
201412 25.890 97.900 28.244
201503 50.780 97.900 55.396
201506 -3.610 98.400 -3.918
201509 10.210 98.500 11.070
201512 23.730 98.100 25.834
201603 31.520 97.900 34.385
201606 -9.250 98.100 -10.070
201609 6.132 98.000 6.683
201612 23.600 98.400 25.615
201703 38.405 98.100 41.811
201706 -11.076 98.500 -12.009
201709 6.091 98.800 6.584
201712 25.693 99.400 27.606
201803 28.937 99.200 31.154
201806 -12.534 99.200 -13.494
201809 1.440 99.900 1.539
201812 14.893 99.700 15.954
201903 -8.380 99.700 -8.977
201906 8.813 99.800 9.431
201909 10.425 100.100 11.123
201912 20.006 100.500 21.260
202003 41.965 100.300 44.685
202006 -0.297 99.900 -0.318
202009 12.207 99.900 13.050
202012 27.362 99.300 29.429
202103 55.597 99.900 59.437
202106 2.855 99.500 3.064
202109 8.169 100.100 8.716
202112 26.294 100.100 28.054
202203 39.236 101.100 41.448
202206 -14.910 101.800 -15.642
202209 15.139 103.100 15.682
202212 21.199 104.100 21.749
202303 45.075 104.400 46.111
202306 -8.810 105.200 -8.944
202309 19.044 106.200 19.152
202312 22.446 106.800 22.446

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.


Toa Road  (TSE:1882) 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.


Toa Road Shiller PE Ratio Related Terms

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Toa Road (TSE:1882) Business Description

Traded in Other Exchanges
N/A
Address
7-3-7 Roppongi, Tokyo, Minato City, JPN, 106-0032
Toa Road Corp provides construction services. It is focused on constructing road networks and transportation infrastructure including expressways and national roads. The company also develops and sells asphalt products and provides environmental solutions and consultancy services like road maintenance plans that integrate pavement maintenance techniques with asset management.

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