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Kitz (TSE:6498) Shiller PE Ratio : 15.71 (As of May. 25, 2024)


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What is Kitz Shiller PE Ratio?

As of today (2024-05-25), Kitz's current share price is 円1094.00. Kitz's E10 for the quarter that ended in Mar. 2024 was 円69.64. Kitz's Shiller PE Ratio for today is 15.71.

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

TSE:6498' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.64   Med: 16.17   Max: 26.49
Current: 16.11

During the past years, Kitz's highest Shiller PE Ratio was 26.49. The lowest was 10.64. And the median was 16.17.

TSE:6498's Shiller PE Ratio is ranked better than
71.41% of 1756 companies
in the Industrial Products industry
Industry Median: 25.62 vs TSE:6498: 16.11

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.

Kitz's adjusted earnings per share data for the three months ended in Mar. 2024 was 円27.960. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円69.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kitz Shiller PE Ratio Historical Data

The historical data trend for Kitz'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.

Kitz Shiller PE Ratio Chart

Kitz Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.87 18.41 13.96 14.24 13.63

Kitz Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.27 17.22 15.66 17.85 19.63

Competitive Comparison of Kitz's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Kitz'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.


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

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

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



Kitz 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.

Kitz's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1094.00/69.64
=15.71

* 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.

Kitz's E10 for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=27.96/107.2000*107.2000
=27.960

Current CPI (Mar. 2024) = 107.2000.

Kitz Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 10.740 98.000 11.748
201409 11.750 98.500 12.788
201412 28.180 97.900 30.857
201503 12.558 97.900 13.751
201506 8.890 98.400 9.685
201509 13.170 98.500 14.333
201512 13.048 98.100 14.258
201603 10.380 97.900 11.366
201606 10.220 98.100 11.168
201609 14.690 98.000 16.069
201612 7.434 98.400 8.099
201703 18.580 98.100 20.304
201706 10.140 98.500 11.036
201709 16.017 98.800 17.379
201712 20.530 99.400 22.141
201803 18.590 99.200 20.089
201806 17.590 99.200 19.009
201809 22.900 99.900 24.573
201812 0.871 99.700 0.937
201903 16.920 99.700 18.193
201906 8.940 99.800 9.603
201909 12.810 100.100 13.719
201912 15.740 100.500 16.789
202003 15.570 100.300 16.641
202006 9.170 99.900 9.840
202009 9.290 99.900 9.969
202012 4.920 99.300 5.311
202103 10.240 99.900 10.988
202106 12.770 99.500 13.758
202109 19.678 100.100 21.074
202112 12.560 100.100 13.451
202203 20.830 101.100 22.087
202206 25.430 101.800 26.779
202209 26.100 103.100 27.138
202212 22.960 104.100 23.644
202303 37.650 104.400 38.660
202306 23.500 105.200 23.947
202309 33.900 106.200 34.219
202312 23.000 106.800 23.086
202403 27.960 107.200 27.960

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.


Kitz  (TSE:6498) 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.


Kitz Shiller PE Ratio Related Terms

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


Kitz (TSE:6498) Business Description

Traded in Other Exchanges
N/A
Address
1-10-1 Nakase Mihama-ku, Chiba, JPN, 2618577
Kitz Corp is a Japan-based company that operates through segments namely valve manufacturing business in which the company manufactures and sells valves, fittings, water purifiers, and industrial filters. the brass manufacturing business involves manufacturing and selling of brass rods for machined or forged products. The company's products consist of brass, cast iron, ductile iron, strainer, bronze, and others. It generates a majority of its revenue from the Valve manufacturing business.

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