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Shimizu Bank (TSE:8364) Shiller PE Ratio : 10.18 (As of Sep. 27, 2024)


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What is Shimizu Bank Shiller PE Ratio?

As of today (2024-09-27), Shimizu Bank's current share price is 円1563.00. Shimizu Bank's E10 for the quarter that ended in Mar. 2024 was 円153.51. Shimizu Bank's Shiller PE Ratio for today is 10.18.

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

TSE:8364' s Shiller PE Ratio Range Over the Past 10 Years
Min: 5.24   Med: 7.88   Max: 26.31
Current: 9.88

During the past years, Shimizu Bank's highest Shiller PE Ratio was 26.31. The lowest was 5.24. And the median was 7.88.

TSE:8364's Shiller PE Ratio is ranked better than
57.53% of 1196 companies
in the Banks industry
Industry Median: 10.86 vs TSE:8364: 9.88

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.

Shimizu Bank's adjusted earnings per share data for the three months ended in Mar. 2024 was 円-362.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円153.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shimizu Bank Shiller PE Ratio Historical Data

The historical data trend for Shimizu 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.

Shimizu Bank Shiller PE Ratio Chart

Shimizu 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 8.38 8.17 7.61 7.28 10.49

Shimizu 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 7.28 7.36 8.42 8.10 10.49

Competitive Comparison of Shimizu Bank's Shiller PE Ratio

For the Banks - Regional subindustry, Shimizu 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.


Shimizu Bank's Shiller PE Ratio Distribution in the Banks Industry

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

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



Shimizu 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.

Shimizu Bank's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1563.00/153.51
=10.18

* 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.

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

For example, Shimizu Bank'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)
=-362.5/107.2000*107.2000
=-362.500

Current CPI (Mar. 2024) = 107.2000.

Shimizu Bank Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 236.360 98.000 258.549
201409 16.560 98.500 18.023
201412 65.810 97.900 72.062
201503 37.720 97.900 41.303
201506 117.900 98.400 128.444
201509 57.459 98.500 62.534
201512 71.460 98.100 78.089
201603 98.960 97.900 108.361
201606 106.070 98.100 115.909
201609 80.980 98.000 88.582
201612 57.680 98.400 62.838
201703 67.210 98.100 73.445
201706 105.880 98.500 115.232
201709 0.360 98.800 0.391
201712 92.050 99.400 99.273
201803 45.890 99.200 49.591
201806 102.000 99.200 110.226
201809 45.790 99.900 49.136
201812 -9.360 99.700 -10.064
201903 87.020 99.700 93.566
201906 116.340 99.800 124.966
201909 19.420 100.100 20.797
201912 19.250 100.500 20.533
202003 -497.900 100.300 -532.152
202006 111.240 99.900 119.369
202009 55.630 99.900 59.695
202012 28.330 99.300 30.584
202103 -9.040 99.900 -9.701
202106 115.160 99.500 124.072
202109 95.590 100.100 102.370
202112 59.960 100.100 64.213
202203 -49.060 101.100 -52.020
202206 67.270 101.800 70.838
202209 60.070 103.100 62.459
202212 50.620 104.100 52.127
202303 -51.380 104.400 -52.758
202306 96.380 105.200 98.212
202309 -81.510 106.200 -82.278
202312 60.530 106.800 60.757
202403 -362.500 107.200 -362.500

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.


Shimizu Bank  (TSE:8364) 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.


Shimizu Bank Shiller PE Ratio Related Terms

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Shimizu Bank Business Description

Traded in Other Exchanges
N/A
Address
2-1 Fujimicho, Shimizu-ku, Shizuoka, JPN, 4240941
Shimizu Bank Ltd is a regional bank engaged in providing financial services such as deposits, loans, and foreign currency transactions. It also provides asset management services, insurance services, mobile banking, and internet banking.

Shimizu Bank Headlines

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