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Ogaki Kyoritsu Bank (TSE:8361) Shiller PE Ratio : 8.51 (As of May. 25, 2024)


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What is Ogaki Kyoritsu Bank Shiller PE Ratio?

As of today (2024-05-25), Ogaki Kyoritsu Bank's current share price is 円2185.00. Ogaki Kyoritsu Bank's E10 for the quarter that ended in Dec. 2023 was 円256.71. Ogaki Kyoritsu Bank's Shiller PE Ratio for today is 8.51.

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

TSE:8361' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.52   Med: 8   Max: 12.76
Current: 8.51

During the past years, Ogaki Kyoritsu Bank's highest Shiller PE Ratio was 12.76. The lowest was 5.52. And the median was 8.00.

TSE:8361's Shiller PE Ratio is ranked better than
65.32% of 1139 companies
in the Banks industry
Industry Median: 10.13 vs TSE:8361: 8.51

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.

Ogaki Kyoritsu Bank's adjusted earnings per share data for the three months ended in Dec. 2023 was 円89.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円256.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ogaki Kyoritsu Bank Shiller PE Ratio Historical Data

The historical data trend for Ogaki Kyoritsu Bank'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.

Ogaki Kyoritsu Bank Shiller PE Ratio Chart

Ogaki Kyoritsu Bank 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 8.03 8.43 7.09 6.92 -

Ogaki Kyoritsu Bank 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 6.92 7.24 8.18 7.35 -

Competitive Comparison of Ogaki Kyoritsu Bank's Shiller PE Ratio

For the Banks - Regional subindustry, Ogaki Kyoritsu Bank'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.


Ogaki Kyoritsu Bank's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ogaki Kyoritsu Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ogaki Kyoritsu Bank's Shiller PE Ratio falls into.



Ogaki Kyoritsu Bank 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.

Ogaki Kyoritsu Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2185.00/256.71
=8.51

* 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.

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

For example, Ogaki Kyoritsu Bank'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)
=89.27/106.8000*106.8000
=89.270

Current CPI (Dec. 2023) = 106.8000.

Ogaki Kyoritsu Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 53.200 95.700 59.371
201406 100.300 98.000 109.307
201409 41.900 98.500 45.431
201412 85.100 97.900 92.836
201503 96.800 97.900 105.600
201506 116.700 98.400 126.662
201509 140.700 98.500 152.556
201512 124.200 98.100 135.215
201603 26.500 97.900 28.909
201606 92.900 98.100 101.139
201609 180.460 98.000 196.665
201612 72.760 98.400 78.971
201703 -2.560 98.100 -2.787
201706 45.100 98.500 48.900
201709 80.130 98.800 86.618
201712 51.830 99.400 55.689
201803 54.240 99.200 58.395
201806 71.260 99.200 76.719
201809 26.150 99.900 27.956
201812 29.270 99.700 31.354
201903 37.350 99.700 40.010
201906 99.470 99.800 106.447
201909 -5.940 100.100 -6.338
201912 61.540 100.500 65.398
202003 -23.680 100.300 -25.215
202006 67.500 99.900 72.162
202009 65.800 99.900 70.345
202012 53.480 99.300 57.519
202103 4.650 99.900 4.971
202106 73.110 99.500 78.474
202109 82.600 100.100 88.129
202112 68.230 100.100 72.797
202203 30.280 101.100 31.987
202206 109.290 101.800 114.658
202209 31.320 103.100 32.444
202212 24.630 104.100 25.269
202303 -49.470 104.400 -50.607
202306 88.500 105.200 89.846
202309 -5.920 106.200 -5.953
202312 89.270 106.800 89.270

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.


Ogaki Kyoritsu Bank  (TSE:8361) 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.


Ogaki Kyoritsu Bank Shiller PE Ratio Related Terms

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Ogaki Kyoritsu Bank (TSE:8361) Business Description

Traded in Other Exchanges
N/A
Address
3-98 Kuruwa-machi, Ogaki, Gifu, JPN, 503-8602
Ogaki Kyoritsu Bank Ltd is a Japanese regional bank operating primarily in the island nation's Chubu region. The majority of the bank's branches and locations are in the Gifu and Aichi prefectures, along with its loans and deposits. The balance of the bank's deposits is primarily located in Gifu, while more of the loan balances are located in Aichi. While the bank has few locations in Tokyo/Osaka, it still has a sizable portion of its loan book exposed to the region. The bank has focused its efforts on easing customer access to conduct transactions through financial technology and information technology innovation. Most of its earning assets are in loans and bills discounted, and securities.

Ogaki Kyoritsu Bank (TSE:8361) Headlines

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