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Anritsu (TSE:6754) Shiller PE Ratio : 18.14 (As of May. 07, 2024)


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What is Anritsu Shiller PE Ratio?

As of today (2024-05-07), Anritsu's current share price is 円1208.50. Anritsu's E10 for the quarter that ended in Mar. 2024 was 円66.61. Anritsu's Shiller PE Ratio for today is 18.14.

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

TSE:6754' s Shiller PE Ratio Range Over the Past 10 Years
Min: 15.03   Med: 37.43   Max: 54.16
Current: 17.78

During the past years, Anritsu's highest Shiller PE Ratio was 54.16. The lowest was 15.03. And the median was 37.43.

TSE:6754's Shiller PE Ratio is ranked better than
65.19% of 1379 companies
in the Hardware industry
Industry Median: 24.15 vs TSE:6754: 17.78

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.

Anritsu's adjusted earnings per share data for the three months ended in Mar. 2024 was 円28.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円66.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anritsu Shiller PE Ratio Historical Data

The historical data trend for Anritsu'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.

Anritsu Shiller PE Ratio Chart

Anritsu Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.19 38.36 22.93 18.42 18.47

Anritsu 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 18.42 18.66 16.13 20.60 18.47

Competitive Comparison of Anritsu's Shiller PE Ratio

For the Electronic Components subindustry, Anritsu'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.


Anritsu's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Anritsu 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.

Anritsu's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1208.50/66.61
=18.14

* 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.

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

For example, Anritsu'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)
=28.49/107.2000*107.2000
=28.490

Current CPI (Mar. 2024) = 107.2000.

Anritsu Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 5.640 98.000 6.169
201409 18.630 98.500 20.275
201412 14.790 97.900 16.195
201503 16.630 97.900 18.210
201506 8.320 98.400 9.064
201509 8.840 98.500 9.621
201512 11.320 98.100 12.370
201603 -1.100 97.900 -1.204
201606 0.040 98.100 0.044
201609 -0.750 98.000 -0.820
201612 5.800 98.400 6.319
201703 14.560 98.100 15.911
201706 -1.620 98.500 -1.763
201709 3.030 98.800 3.288
201712 9.260 99.400 9.987
201803 10.300 99.200 11.131
201806 12.300 99.200 13.292
201809 10.430 99.900 11.192
201812 22.790 99.700 24.504
201903 19.630 99.700 21.107
201906 12.920 99.800 13.878
201909 20.950 100.100 22.436
201912 26.550 100.500 28.320
202003 36.730 100.300 39.257
202006 25.570 99.900 27.438
202009 25.790 99.900 27.675
202012 24.600 99.300 26.557
202103 41.160 99.900 44.168
202106 15.150 99.500 16.322
202109 24.670 100.100 26.420
202112 20.010 100.100 21.429
202203 34.140 101.100 36.200
202206 21.700 101.800 22.851
202209 16.550 103.100 17.208
202212 8.730 104.100 8.990
202303 22.900 104.400 23.514
202306 1.900 105.200 1.936
202309 19.280 106.200 19.462
202312 8.620 106.800 8.652
202403 28.490 107.200 28.490

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.


Anritsu  (TSE:6754) 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.


Anritsu Shiller PE Ratio Related Terms

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


Anritsu (TSE:6754) Business Description

Traded in Other Exchanges
Address
5-1-1 Onna, Atsugi-shi, Kanagawa, JPN, 243-8555
Anritsu Corp is an electronic components manufacturer. The company has three business segments: Measurement, Products Quality Assurance, and Others. The Measurement segment offers measuring devices for mobile phone acceptance testing by mobile phone operators. The Product Quality Assurance Segment offers automatic electronic weighing equipment and contaminant detectors for food, cosmetics, and pharmaceutical industries, and x-ray detectors for contaminants. Anritsu's x-ray machines can detect and remove metal fragments. The Other business segment has a variety of interests, including telecommunication equipment, logistics, and real estate. The company earns the vast majority of its revenue in Japan.

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