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Toyota Motor (FRA:TOM) Shiller PE Ratio : 18.77 (As of May. 06, 2024)


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What is Toyota Motor Shiller PE Ratio?

As of today (2024-05-06), Toyota Motor's current share price is €21.40. Toyota Motor's E10 for the quarter that ended in Dec. 2023 was €1.14. Toyota Motor's Shiller PE Ratio for today is 18.77.

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

FRA:TOM' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.33   Med: 16.2   Max: 26.73
Current: 19.89

During the past years, Toyota Motor's highest Shiller PE Ratio was 26.73. The lowest was 11.33. And the median was 16.20.

FRA:TOM's Shiller PE Ratio is ranked worse than
55.05% of 821 companies
in the Vehicles & Parts industry
Industry Median: 17.99 vs FRA:TOM: 19.89

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.

Toyota Motor's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.641. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toyota Motor Shiller PE Ratio Historical Data

The historical data trend for Toyota Motor'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.

Toyota Motor Shiller PE Ratio Chart

Toyota Motor Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.62 11.95 14.18 15.67 11.91

Toyota Motor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.65 11.91 14.01 15.50 14.39

Competitive Comparison of Toyota Motor's Shiller PE Ratio

For the Auto Manufacturers subindustry, Toyota Motor'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.


Toyota Motor's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyota Motor's Shiller PE Ratio distribution charts can be found below:

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



Toyota Motor 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.

Toyota Motor's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=21.40/1.14
=18.77

* 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.

Toyota Motor's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Toyota Motor'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)
=0.641/106.8000*106.8000
=0.641

Current CPI (Dec. 2023) = 106.8000.

Toyota Motor Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.132 95.700 0.147
201406 0.267 98.000 0.291
201409 0.246 98.500 0.267
201412 0.258 97.900 0.281
201503 0.218 97.900 0.238
201506 0.296 98.400 0.321
201509 0.286 98.500 0.310
201512 0.301 98.100 0.328
201603 0.220 97.900 0.240
201606 0.303 98.100 0.330
201609 0.225 98.000 0.245
201612 0.261 98.400 0.283
201703 0.218 98.100 0.237
201706 0.326 98.500 0.353
201709 0.232 98.800 0.251
201712 0.471 99.400 0.506
201803 0.249 99.200 0.268
201806 0.346 99.200 0.373
201809 0.306 99.900 0.327
201812 0.097 99.700 0.104
201903 0.254 99.700 0.272
201906 0.354 99.800 0.379
201909 0.316 100.100 0.337
201912 0.328 100.500 0.349
202003 0.198 100.300 0.211
202006 0.094 99.900 0.100
202009 0.268 99.900 0.287
202012 0.469 99.300 0.504
202103 0.424 99.900 0.453
202106 0.484 99.500 0.520
202109 0.347 100.100 0.370
202112 0.445 100.100 0.475
202203 0.297 101.100 0.314
202206 0.379 101.800 0.398
202209 0.224 103.100 0.232
202212 0.374 104.100 0.384
202303 0.284 104.400 0.291
202306 0.632 105.200 0.642
202309 0.599 106.200 0.602
202312 0.641 106.800 0.641

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.


Toyota Motor  (FRA:TOM) 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.


Toyota Motor Shiller PE Ratio Related Terms

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


Toyota Motor (FRA:TOM) Business Description

Address
1 Toyota-cho, Aichi Prefecture, Toyota, JPN, 471-8571
Founded in 1937, Toyota is one of the world's largest automakers with 10.56 million units sold at retail in fiscal 2023 across its light vehicle brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 51% excluding mini-vehicles, while U.S. share is around 15%. The firm also owns 3.3% of Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, Aurora Innovation, Isuzu Motors, and about 5% in each of Mazda and Suzuki. Fiscal 2023 sales excluding financial services were JPY 34.4 trillion. Toyota also has a financing arm and manufactures homes and boats.

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