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Altech (TSE:4641) Shiller PE Ratio : 19.36 (As of Dec. 11, 2024)


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What is Altech Shiller PE Ratio?

As of today (2024-12-11), Altech's current share price is 円2677.00. Altech's E10 for the quarter that ended in Jun. 2024 was 円138.26. Altech's Shiller PE Ratio for today is 19.36.

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

TSE:4641' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.92   Med: 22.58   Max: 36.78
Current: 18.47

During the past years, Altech's highest Shiller PE Ratio was 36.78. The lowest was 16.92. And the median was 22.58.

TSE:4641's Shiller PE Ratio is ranked better than
55.63% of 462 companies
in the Business Services industry
Industry Median: 20.95 vs TSE:4641: 18.47

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.

Altech's adjusted earnings per share data for the three months ended in Jun. 2024 was 円37.718. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円138.26 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altech Shiller PE Ratio Historical Data

The historical data trend for Altech'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.

Altech Shiller PE Ratio Chart

Altech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.29 25.90 20.27 18.74 20.40

Altech Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 24.62 20.23 20.40 20.65 18.24

Competitive Comparison of Altech's Shiller PE Ratio

For the Staffing & Employment Services subindustry, Altech'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.


Altech's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Altech's Shiller PE Ratio distribution charts can be found below:

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



Altech 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.

Altech's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2677.00/138.26
=19.36

* 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.

Altech's E10 for the quarter that ended in Jun. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=37.718/108.2000*108.2000
=37.718

Current CPI (Jun. 2024) = 108.2000.

Altech Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201409 11.496 98.500 12.628
201412 24.782 97.900 27.389
201503 13.682 97.900 15.121
201506 12.764 98.400 14.035
201509 13.324 98.500 14.636
201512 24.455 98.100 26.973
201603 20.523 97.900 22.682
201606 15.868 98.100 17.502
201609 27.327 98.000 30.171
201612 24.716 98.400 27.178
201703 25.636 98.100 28.275
201706 14.736 98.500 16.187
201709 23.952 98.800 26.231
201712 40.955 99.400 44.581
201803 25.646 99.200 27.973
201806 30.495 99.200 33.262
201809 29.690 99.900 32.157
201812 38.240 99.700 41.500
201903 32.690 99.700 35.477
201906 24.970 99.800 27.072
201909 38.522 100.100 41.639
201912 42.133 100.500 45.361
202003 29.770 100.300 32.115
202006 39.710 99.900 43.009
202009 38.680 99.900 41.894
202012 40.966 99.300 44.638
202103 39.010 99.900 42.251
202106 36.740 99.500 39.952
202109 35.240 100.100 38.092
202112 40.003 100.100 43.240
202203 39.510 101.100 42.285
202206 38.460 101.800 40.878
202209 41.130 103.100 43.165
202212 50.370 104.100 52.354
202303 61.800 104.400 64.049
202306 28.681 105.200 29.499
202309 36.383 106.200 37.068
202312 58.220 106.800 58.983
202403 42.980 107.200 43.381
202406 37.718 108.200 37.718

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.


Altech  (TSE:4641) 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.


Altech Shiller PE Ratio Related Terms

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


Altech Business Description

Traded in Other Exchanges
N/A
Address
2-3-5 Minato Mirai, Queen's Tower C, 18th Floor, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-6218
Altech Corp provides companies with professional outsourced staff to accomplish their specified technical tasks. The company offers temporary employment dispatching engineer, superior technical services in customer product development and design field, and others.

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