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Kurotani (TSE:3168) Shiller PE Ratio : 19.67 (As of Sep. 21, 2024)


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What is Kurotani Shiller PE Ratio?

As of today (2024-09-21), Kurotani's current share price is 円611.00. Kurotani's E10 for the quarter that ended in May. 2024 was 円31.06. Kurotani's Shiller PE Ratio for today is 19.67.

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

TSE:3168' s Shiller PE Ratio Range Over the Past 10 Years
Min: 0.45   Med: 22.93   Max: 60.56
Current: 19.35

During the past years, Kurotani's highest Shiller PE Ratio was 60.56. The lowest was 0.45. And the median was 22.93.

TSE:3168's Shiller PE Ratio is ranked worse than
51.1% of 364 companies
in the Metals & Mining industry
Industry Median: 18.885 vs TSE:3168: 19.35

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.

Kurotani's adjusted earnings per share data for the three months ended in May. 2024 was 円41.782. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円31.06 for the trailing ten years ended in May. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kurotani Shiller PE Ratio Historical Data

The historical data trend for Kurotani'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.

Kurotani Shiller PE Ratio Chart

Kurotani Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.44 37.81 21.93 23.02

Kurotani Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 24.01 23.02 21.10 23.13 22.70

Competitive Comparison of Kurotani's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Kurotani'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.


Kurotani's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kurotani's Shiller PE Ratio distribution charts can be found below:

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



Kurotani 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.

Kurotani's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=611.00/31.06
=19.67

* 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.

Kurotani's E10 for the quarter that ended in May. 2024 is calculated as:

For example, Kurotani's adjusted earnings per share data for the three months ended in May. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of May. 2024 (Change)*Current CPI (May. 2024)
=41.782/108.1000*108.1000
=41.782

Current CPI (May. 2024) = 108.1000.

Kurotani Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201408 6.274 98.300 6.899
201411 7.785 97.900 8.596
201502 -5.390 97.600 -5.970
201505 4.475 98.700 4.901
201508 0.305 98.400 0.335
201511 -3.700 98.100 -4.077
201602 -20.500 97.800 -22.659
201605 4.158 98.200 4.577
201608 -7.110 97.900 -7.851
201611 0.895 98.600 0.981
201702 39.001 98.100 42.977
201705 13.580 98.600 14.888
201708 18.860 98.500 20.698
201711 29.470 99.100 32.146
201802 14.290 99.500 15.525
201805 4.120 99.300 4.485
201808 -15.591 99.800 -16.888
201811 -3.820 100.000 -4.129
201902 -9.050 99.700 -9.812
201905 9.700 100.000 10.486
201908 -13.166 100.000 -14.232
201911 4.440 100.500 4.776
202002 12.269 100.300 13.223
202005 -11.731 100.100 -12.669
202008 21.721 100.100 23.457
202011 11.810 99.500 12.831
202102 19.150 99.800 20.743
202105 33.460 99.400 36.389
202108 30.992 99.700 33.603
202111 12.190 100.100 13.164
202202 12.440 100.700 13.354
202205 31.210 101.800 33.141
202208 -17.350 102.700 -18.262
202211 -1.500 103.900 -1.561
202302 -0.884 104.000 -0.919
202305 6.170 105.100 6.346
202308 8.240 105.900 8.411
202311 8.550 106.900 8.646
202402 -7.630 106.900 -7.716
202405 41.782 108.100 41.782

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.


Kurotani  (TSE:3168) 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.


Kurotani Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Kurotani's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Kurotani Business Description

Traded in Other Exchanges
N/A
Address
12-2 Nagonoe, Imizu, Toyama, JPN, 934-0031
Kurotani Corp is engaged in collecting, processing, manufacturing, and selling various metals in Japan. It recycles industrial materials and metal scraps, as well as produces base metals that are used as raw materials to manufacture electrical wires and semiconductor base plates. The company also manufactures and sells copper alloy ingots, which are used in marine propellers, plumbing hardware, valves, and industrial machinery parts; and produces and sells works of fine arts, miniature gold statues, and bronze Buddha statues.

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