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Morito Co (TSE:9837) Shiller PE Ratio : 23.74 (As of Jun. 13, 2024)


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What is Morito Co Shiller PE Ratio?

As of today (2024-06-13), Morito Co's current share price is 円1430.00. Morito Co's E10 for the quarter that ended in Feb. 2024 was 円60.24. Morito Co's Shiller PE Ratio for today is 23.74.

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

TSE:9837' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.55   Med: 16.04   Max: 25.93
Current: 23.51

During the past years, Morito Co's highest Shiller PE Ratio was 25.93. The lowest was 12.55. And the median was 16.04.

TSE:9837's Shiller PE Ratio is ranked worse than
62.59% of 572 companies
in the Retail - Cyclical industry
Industry Median: 17.26 vs TSE:9837: 23.51

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.

Morito Co's adjusted earnings per share data for the three months ended in Feb. 2024 was 円21.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円60.24 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Morito Co Shiller PE Ratio Historical Data

The historical data trend for Morito Co'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.

Morito Co Shiller PE Ratio Chart

Morito Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.06 13.45 13.09 14.19 21.89

Morito Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 18.33 17.53 21.25 21.89 24.15

Competitive Comparison of Morito Co's Shiller PE Ratio

For the Apparel Retail subindustry, Morito Co'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.


Morito Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Morito Co's Shiller PE Ratio distribution charts can be found below:

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



Morito Co 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.

Morito Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1430.00/60.24
=23.74

* 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.

Morito Co's E10 for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=21.19/106.9000*106.9000
=21.190

Current CPI (Feb. 2024) = 106.9000.

Morito Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 5.730 98.100 6.244
201408 15.180 98.300 16.508
201411 7.944 97.900 8.674
201502 12.090 97.600 13.242
201505 5.736 98.700 6.213
201508 9.680 98.400 10.516
201511 21.970 98.100 23.941
201602 3.990 97.800 4.361
201605 8.391 98.200 9.134
201608 4.977 97.900 5.435
201611 23.970 98.600 25.988
201702 6.310 98.100 6.876
201705 106.861 98.600 115.856
201708 5.852 98.500 6.351
201711 -2.560 99.100 -2.761
201802 8.530 99.500 9.164
201805 11.840 99.300 12.746
201808 8.190 99.800 8.773
201811 17.060 100.000 18.237
201902 7.650 99.700 8.202
201905 11.204 100.000 11.977
201908 16.787 100.000 17.945
201911 15.030 100.500 15.987
202002 6.170 100.300 6.576
202005 -0.534 100.100 -0.570
202008 0.477 100.100 0.509
202011 11.050 99.500 11.872
202102 10.540 99.800 11.290
202105 8.949 99.400 9.624
202108 8.002 99.700 8.580
202111 23.760 100.100 25.374
202202 16.530 100.700 17.548
202205 15.740 101.800 16.529
202208 13.305 102.700 13.849
202211 15.857 103.900 16.315
202302 19.310 104.000 19.848
202305 29.620 105.100 30.127
202308 15.700 105.900 15.848
202311 18.250 106.900 18.250
202402 21.190 106.900 21.190

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.


Morito Co  (TSE:9837) 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.


Morito Co Shiller PE Ratio Related Terms

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Morito Co (TSE:9837) Business Description

Traded in Other Exchanges
N/A
Address
4-2-4 Minami-Honmachi Chuo-ku, Osaka, JPN, 541-0054
Morito Co., Ltd produces and sells eyelets, hooks, flat fasteners, and other apparel and footwear accessories and articles as well as materials for camera components and vehicle interiors.

Morito Co (TSE:9837) Headlines

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