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Yoshitake (TSE:6488) Shiller PE Ratio : 13.40 (As of Jun. 21, 2024)


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What is Yoshitake Shiller PE Ratio?

As of today (2024-06-21), Yoshitake's current share price is 円785.00. Yoshitake's E10 for the quarter that ended in Dec. 2023 was 円58.58. Yoshitake's Shiller PE Ratio for today is 13.40.

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

TSE:6488' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.54   Med: 12.95   Max: 16.55
Current: 13.38

During the past years, Yoshitake's highest Shiller PE Ratio was 16.55. The lowest was 10.54. And the median was 12.95.

TSE:6488's Shiller PE Ratio is ranked better than
79.9% of 1766 companies
in the Industrial Products industry
Industry Median: 24.71 vs TSE:6488: 13.38

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.

Yoshitake's adjusted earnings per share data for the three months ended in Dec. 2023 was 円17.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円58.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yoshitake Shiller PE Ratio Historical Data

The historical data trend for Yoshitake'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.

Yoshitake Shiller PE Ratio Chart

Yoshitake 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 13.25 11.13 13.68 11.90 13.27

Yoshitake 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 12.66 13.27 14.86 15.62 14.34

Competitive Comparison of Yoshitake's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Yoshitake'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.


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

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

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



Yoshitake 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.

Yoshitake's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=785.00/58.58
=13.40

* 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.

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

For example, Yoshitake'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)
=17.03/106.8000*106.8000
=17.030

Current CPI (Dec. 2023) = 106.8000.

Yoshitake Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 5.955 95.700 6.646
201406 1.595 98.000 1.738
201409 9.945 98.500 10.783
201412 17.885 97.900 19.511
201503 -7.346 97.900 -8.014
201506 7.880 98.400 8.553
201509 9.895 98.500 10.729
201512 11.362 98.100 12.370
201603 10.265 97.900 11.198
201606 2.830 98.100 3.081
201609 11.395 98.000 12.418
201612 18.943 98.400 20.560
201703 15.503 98.100 16.878
201706 11.545 98.500 12.518
201709 10.795 98.800 11.669
201712 14.555 99.400 15.639
201803 13.811 99.200 14.869
201806 14.295 99.200 15.390
201809 13.935 99.900 14.897
201812 18.850 99.700 20.192
201903 9.470 99.700 10.144
201906 8.585 99.800 9.187
201909 17.465 100.100 18.634
201912 19.765 100.500 21.004
202003 10.723 100.300 11.418
202006 10.250 99.900 10.958
202009 8.519 99.900 9.107
202012 10.630 99.300 11.433
202103 16.744 99.900 17.900
202106 13.260 99.500 14.233
202109 20.530 100.100 21.904
202112 22.036 100.100 23.511
202203 19.947 101.100 21.072
202206 19.250 101.800 20.195
202209 31.610 103.100 32.744
202212 14.583 104.100 14.961
202303 17.954 104.400 18.367
202306 26.320 105.200 26.720
202309 23.554 106.200 23.687
202312 17.030 106.800 17.030

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.


Yoshitake  (TSE:6488) 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.


Yoshitake Shiller PE Ratio Related Terms

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


Yoshitake (TSE:6488) Business Description

Traded in Other Exchanges
N/A
Address
7-3, Futano-cho, Nagoya, JPN
Yoshitake Inc is engaged in research, development, and manufacture of valves for piping designing. The company also offers consulting services.

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