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Ichikawa Co (TSE:3513) Shiller PE Ratio : 15.72 (As of Jun. 18, 2024)


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What is Ichikawa Co Shiller PE Ratio?

As of today (2024-06-18), Ichikawa Co's current share price is 円1774.00. Ichikawa Co's E10 for the quarter that ended in Dec. 2023 was 円112.85. Ichikawa Co's Shiller PE Ratio for today is 15.72.

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

TSE:3513' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.85   Med: 15.14   Max: 130.53
Current: 16.08

During the past years, Ichikawa Co's highest Shiller PE Ratio was 130.53. The lowest was 11.85. And the median was 15.14.

TSE:3513's Shiller PE Ratio is ranked worse than
59.38% of 192 companies
in the Forest Products industry
Industry Median: 12.63 vs TSE:3513: 16.08

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.

Ichikawa Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円40.465. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円112.85 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ichikawa Co Shiller PE Ratio Historical Data

The historical data trend for Ichikawa Co'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.

Ichikawa Co Shiller PE Ratio Chart

Ichikawa Co 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 46.68 16.00 15.30 15.12 12.71

Ichikawa Co 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 11.99 12.71 12.75 13.90 14.21

Competitive Comparison of Ichikawa Co's Shiller PE Ratio

For the Paper & Paper Products subindustry, Ichikawa Co'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.


Ichikawa Co's Shiller PE Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Ichikawa Co's Shiller PE Ratio distribution charts can be found below:

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



Ichikawa Co 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.

Ichikawa Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1774.00/112.85
=15.72

* 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.

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

For example, Ichikawa Co'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)
=40.465/106.8000*106.8000
=40.465

Current CPI (Dec. 2023) = 106.8000.

Ichikawa Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 36.150 95.700 40.343
201406 25.800 98.000 28.117
201409 26.300 98.500 28.516
201412 31.100 97.900 33.927
201503 46.850 97.900 51.109
201506 17.800 98.400 19.320
201509 32.856 98.500 35.625
201512 9.229 98.100 10.047
201603 16.300 97.900 17.782
201606 -6.950 98.100 -7.566
201609 7.350 98.000 8.010
201612 15.279 98.400 16.583
201703 33.886 98.100 36.891
201706 7.250 98.500 7.861
201709 41.320 98.800 44.666
201712 28.178 99.400 30.276
201803 -4.246 99.200 -4.571
201806 23.250 99.200 25.031
201809 43.638 99.900 46.652
201812 25.100 99.700 26.887
201903 -14.972 99.700 -16.038
201906 12.860 99.800 13.762
201909 10.282 100.100 10.970
201912 32.832 100.500 34.890
202003 21.090 100.300 22.457
202006 11.140 99.900 11.909
202009 19.730 99.900 21.093
202012 -3.390 99.300 -3.646
202103 53.303 99.900 56.985
202106 14.340 99.500 15.392
202109 44.800 100.100 47.799
202112 31.260 100.100 33.352
202203 23.852 101.100 25.197
202206 44.290 101.800 46.465
202209 54.170 103.100 56.114
202212 49.010 104.100 50.281
202303 34.513 104.400 35.306
202306 43.680 105.200 44.344
202309 85.390 106.200 85.872
202312 40.465 106.800 40.465

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.


Ichikawa Co  (TSE:3513) 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.


Ichikawa Co Shiller PE Ratio Related Terms

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


Ichikawa Co (TSE:3513) Business Description

Traded in Other Exchanges
N/A
Address
14 - 15, Hongo 2 Chome, Bunkyo ku, Hongo 2, Tokyo, JPN, 113-8442
Ichikawa Co Ltd is engaged in the manufacture and distribution of papermaking felts, papermaking belts, felts for slate and industrial felts in Japan. It offers papermaking press felts and belts, and shoe press and transfer belts; industrial products, such as heat-resistant conveyance equipment and cushioning material for use in the manufacture of car bodies, aluminum parts, and others.

Ichikawa Co (TSE:3513) Headlines

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