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Kinden (TSE:1944) Shiller PE Ratio : 25.02 (As of Jun. 15, 2024)


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What is Kinden Shiller PE Ratio?

As of today (2024-06-15), Kinden's current share price is 円3448.00. Kinden's E10 for the quarter that ended in Dec. 2023 was 円137.80. Kinden's Shiller PE Ratio for today is 25.02.

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

TSE:1944' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.26   Med: 17.66   Max: 26.71
Current: 24.2

During the past years, Kinden's highest Shiller PE Ratio was 26.71. The lowest was 11.26. And the median was 17.66.

TSE:1944's Shiller PE Ratio is ranked worse than
70.35% of 995 companies
in the Construction industry
Industry Median: 15.63 vs TSE:1944: 24.20

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.

Kinden's adjusted earnings per share data for the three months ended in Dec. 2023 was 円49.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円137.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kinden Shiller PE Ratio Historical Data

The historical data trend for Kinden'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.

Kinden Shiller PE Ratio Chart

Kinden Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.29 17.57 13.49 12.23 -

Kinden Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.23 14.80 16.24 17.39 -

Competitive Comparison of Kinden's Shiller PE Ratio

For the Engineering & Construction subindustry, Kinden'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.


Kinden's Shiller PE Ratio Distribution in the Construction Industry

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

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



Kinden 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.

Kinden's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3448.00/137.8
=25.02

* 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.

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

For example, Kinden'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)
=49.69/106.8000*106.8000
=49.690

Current CPI (Dec. 2023) = 106.8000.

Kinden Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 36.060 95.700 40.243
201406 6.850 98.000 7.465
201409 20.630 98.500 22.368
201412 23.110 97.900 25.211
201503 44.080 97.900 48.087
201506 11.480 98.400 12.460
201509 22.790 98.500 24.710
201512 26.779 98.100 29.154
201603 48.036 97.900 52.403
201606 4.820 98.100 5.247
201609 27.000 98.000 29.424
201612 31.337 98.400 34.012
201703 58.408 98.100 63.588
201706 9.000 98.500 9.758
201709 24.558 98.800 26.547
201712 31.080 99.400 33.394
201803 71.230 99.200 76.687
201806 8.010 99.200 8.624
201809 27.725 99.900 29.640
201812 31.430 99.700 33.668
201903 65.780 99.700 70.464
201906 15.170 99.800 16.234
201909 31.960 100.100 34.099
201912 40.355 100.500 42.885
202003 62.700 100.300 66.763
202006 13.200 99.900 14.112
202009 33.200 99.900 35.493
202012 46.870 99.300 50.410
202103 63.190 99.900 67.554
202106 11.370 99.500 12.204
202109 30.179 100.100 32.199
202112 30.042 100.100 32.053
202203 57.050 101.100 60.266
202206 2.970 101.800 3.116
202209 23.800 103.100 24.654
202212 27.070 104.100 27.772
202303 86.310 104.400 88.294
202306 5.510 105.200 5.594
202309 31.290 106.200 31.467
202312 49.690 106.800 49.690

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.


Kinden  (TSE:1944) 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.


Kinden Shiller PE Ratio Related Terms

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Kinden (TSE:1944) Business Description

Traded in Other Exchanges
N/A
Address
2-1-21 Kudan-Minami, Chiyoda-ku, Tokyo, JPN, 102-8628
Kinden Corp is a Japanese industrial company specialized in facility construction. The company operates in nine business divisions namely electricity, instrumentation, information and communications, air conditioning, interior systems, civil engineering, overseas projects, energy conservation and renewal, and new energy. The company offers alternative-energy power generation and fuel cell systems, facility and factory automation and security systems, air conditioning and water supply solutions, warehouse and medical facility communication systems, and sanitation and electrical system diagnosis solutions.

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