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NTN (TSE:6472) Shiller PE Ratio : 51.65 (As of May. 05, 2024)


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What is NTN Shiller PE Ratio?

As of today (2024-05-05), NTN's current share price is 円307.30. NTN's E10 for the quarter that ended in Dec. 2023 was 円5.95. NTN's Shiller PE Ratio for today is 51.65.

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

TSE:6472' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.63   Med: 35.49   Max: 897.37
Current: 51.64

During the past years, NTN's highest Shiller PE Ratio was 897.37. The lowest was 10.63. And the median was 35.49.

TSE:6472's Shiller PE Ratio is ranked worse than
78.34% of 1750 companies
in the Industrial Products industry
Industry Median: 25.68 vs TSE:6472: 51.64

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.

NTN's adjusted earnings per share data for the three months ended in Dec. 2023 was 円6.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円5.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NTN Shiller PE Ratio Historical Data

The historical data trend for NTN'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.

NTN Shiller PE Ratio Chart

NTN 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 39.86 346.65 - - 895.30

NTN 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 - 895.30 731.56 642.21 43.69

Competitive Comparison of NTN's Shiller PE Ratio

For the Tools & Accessories subindustry, NTN'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.


NTN's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NTN's Shiller PE Ratio distribution charts can be found below:

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



NTN 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.

NTN's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=307.30/5.95
=51.65

* 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.

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

For example, NTN'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)
=6.7/106.8000*106.8000
=6.700

Current CPI (Dec. 2023) = 106.8000.

NTN Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 9.300 95.700 10.379
201406 10.390 98.000 11.323
201409 7.040 98.500 7.633
201412 12.690 97.900 13.844
201503 13.790 97.900 15.044
201506 18.400 98.400 19.971
201509 1.140 98.500 1.236
201512 -1.504 98.100 -1.637
201603 10.240 97.900 11.171
201606 6.940 98.100 7.555
201609 4.580 98.000 4.991
201612 6.747 98.400 7.323
201703 -12.961 98.100 -14.110
201706 7.330 98.500 7.948
201709 8.450 98.800 9.134
201712 10.164 99.400 10.921
201803 12.410 99.200 13.361
201806 11.120 99.200 11.972
201809 4.210 99.900 4.501
201812 1.770 99.700 1.896
201903 -30.200 99.700 -32.351
201906 4.510 99.800 4.826
201909 -2.376 100.100 -2.535
201912 -4.260 100.500 -4.527
202003 -80.710 100.300 -85.940
202006 -22.830 99.900 -24.407
202009 -4.310 99.900 -4.608
202012 2.126 99.300 2.287
202103 3.090 99.900 3.303
202106 2.230 99.500 2.394
202109 -4.202 100.100 -4.483
202112 -0.870 100.100 -0.928
202203 16.669 101.100 17.609
202206 -4.690 101.800 -4.920
202209 1.609 103.100 1.667
202212 1.656 104.100 1.699
202303 20.948 104.400 21.430
202306 3.090 105.200 3.137
202309 4.677 106.200 4.703
202312 6.700 106.800 6.700

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.


NTN  (TSE:6472) 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.


NTN Shiller PE Ratio Related Terms

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


NTN (TSE:6472) Business Description

Traded in Other Exchanges
Address
3-17, 1-chome, Kyomachibori, Nishi-ku, Osaka, JPN, 550-0003
NTN Corp is a Japan-based company that manufactures and sells bearings, constant velocity joints, precision equipment, aftermarket parts, and other mechanical parts. The company's products are used in a wide range of applications, including automobile, electric vehicle, rolling stock, wind turbine, construction and mining machinery, agricultural machinery, machine tools, office equipment, steel manufacturing machinery, paper manufacturing machinery, food machinery, medical equipment, aerospace, and robots. The company has a global presence, with Japan, the Americas, and Europe the three largest markets for the company.

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