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Towa (TSE:6315) Shiller PE Ratio : 64.66 (As of May. 01, 2024)


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What is Towa Shiller PE Ratio?

As of today (2024-05-01), Towa's current share price is 円9300.00. Towa's E10 for the quarter that ended in Dec. 2023 was 円143.82. Towa's Shiller PE Ratio for today is 64.66.

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

TSE:6315' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.68   Med: 18.2   Max: 73.77
Current: 64.25

During the past years, Towa's highest Shiller PE Ratio was 73.77. The lowest was 8.68. And the median was 18.20.

TSE:6315's Shiller PE Ratio is ranked worse than
79.32% of 503 companies
in the Semiconductors industry
Industry Median: 28.17 vs TSE:6315: 64.25

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.

Towa's adjusted earnings per share data for the three months ended in Dec. 2023 was 円46.159. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円143.82 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Towa Shiller PE Ratio Historical Data

The historical data trend for Towa'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.

Towa Shiller PE Ratio Chart

Towa 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 9.57 10.11 31.27 25.13 16.39

Towa 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 14.36 16.39 19.32 30.21 49.58

Competitive Comparison of Towa's Shiller PE Ratio

For the Semiconductor Equipment & Materials subindustry, Towa'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.


Towa's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Towa's Shiller PE Ratio distribution charts can be found below:

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



Towa 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.

Towa's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=9300.00/143.82
=64.66

* 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.

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

For example, Towa'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)
=46.159/106.8000*106.8000
=46.159

Current CPI (Dec. 2023) = 106.8000.

Towa Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 28.412 95.700 31.707
201406 15.110 98.000 16.467
201409 28.430 98.500 30.826
201412 19.500 97.900 21.273
201503 14.987 97.900 16.349
201506 24.250 98.400 26.320
201509 27.150 98.500 29.438
201512 -7.078 98.100 -7.706
201603 28.670 97.900 31.276
201606 19.060 98.100 20.750
201609 45.268 98.000 49.333
201612 54.337 98.400 58.976
201703 35.970 98.100 39.160
201706 26.620 98.500 28.863
201709 39.650 98.800 42.861
201712 21.860 99.400 23.487
201803 32.883 99.200 35.402
201806 19.260 99.200 20.736
201809 16.000 99.900 17.105
201812 -13.640 99.700 -14.611
201903 13.470 99.700 14.429
201906 -19.920 99.800 -21.317
201909 11.873 100.100 12.668
201912 11.210 100.500 11.913
202003 11.579 100.300 12.329
202006 8.260 99.900 8.831
202009 27.290 99.900 29.175
202012 35.290 99.300 37.955
202103 35.644 99.900 38.106
202106 79.110 99.500 84.914
202109 86.636 100.100 92.435
202112 98.820 100.100 105.434
202203 60.506 101.100 63.917
202206 94.280 101.800 98.911
202209 96.343 103.100 99.801
202212 34.490 104.100 35.385
202303 68.550 104.400 70.126
202306 31.290 105.200 31.766
202309 46.977 106.200 47.242
202312 46.159 106.800 46.159

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.


Towa  (TSE:6315) 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.


Towa Shiller PE Ratio Related Terms

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


Towa (TSE:6315) Business Description

Traded in Other Exchanges
Address
5 Kamichoshi-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8105
Towa Corp develops, manufactures and sells resin encapsulation systems for semiconductors and singulation systems. In addition, it also manufactures and sells precision molds for manufacturing semiconductors and plastic molded products. Its product portfolio is divided into two technologies molding including light-emitting diode, semiconductor, and sensors/module products and Singulation including semiconductor, and light-emitting diode-other applications. The company's segments include semiconductor equipment and fine plastic mold. The majority of the company revenue is derived from the sale of semiconductor equipment.

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