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Mitsubishi Gas Chemical Co (Mitsubishi Gas Chemical Co) Shiller PE Ratio : 10.31 (As of May. 26, 2024)


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What is Mitsubishi Gas Chemical Co Shiller PE Ratio?

As of today (2024-05-26), Mitsubishi Gas Chemical Co's current share price is $13.3043. Mitsubishi Gas Chemical Co's E10 for the quarter that ended in Dec. 2023 was $1.29. Mitsubishi Gas Chemical Co's Shiller PE Ratio for today is 10.31.

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

MBGCF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.09   Med: 12.46   Max: 30.73
Current: 13.59

During the past years, Mitsubishi Gas Chemical Co's highest Shiller PE Ratio was 30.73. The lowest was 8.09. And the median was 12.46.

MBGCF's Shiller PE Ratio is ranked better than
66.83% of 1043 companies
in the Chemicals industry
Industry Median: 19.66 vs MBGCF: 13.59

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.

Mitsubishi Gas Chemical Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.302. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.29 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mitsubishi Gas Chemical Co Shiller PE Ratio Historical Data

The historical data trend for Mitsubishi Gas Chemical 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.

Mitsubishi Gas Chemical Co Shiller PE Ratio Chart

Mitsubishi Gas Chemical Co 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 8.40 18.32 12.42 9.76 -

Mitsubishi Gas Chemical Co 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 9.76 10.12 9.55 10.30 -

Competitive Comparison of Mitsubishi Gas Chemical Co's Shiller PE Ratio

For the Specialty Chemicals subindustry, Mitsubishi Gas Chemical 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.


Mitsubishi Gas Chemical Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsubishi Gas Chemical Co's Shiller PE Ratio distribution charts can be found below:

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



Mitsubishi Gas Chemical 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.

Mitsubishi Gas Chemical Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=13.3043/1.29
=10.31

* 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.

Mitsubishi Gas Chemical Co's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Mitsubishi Gas Chemical Co'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)
=0.302/106.8000*106.8000
=0.302

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Gas Chemical Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.070 95.700 0.078
201406 0.460 98.000 0.501
201409 0.450 98.500 0.488
201412 0.304 97.900 0.332
201503 0.527 97.900 0.575
201506 0.412 98.400 0.447
201509 0.260 98.500 0.282
201512 0.360 98.100 0.392
201603 0.229 97.900 0.250
201606 0.371 98.100 0.404
201609 0.447 98.000 0.487
201612 0.648 98.400 0.703
201703 0.527 98.100 0.574
201706 0.758 98.500 0.822
201709 0.725 98.800 0.784
201712 0.349 99.400 0.375
201803 0.733 99.200 0.789
201806 0.790 99.200 0.851
201809 0.808 99.900 0.864
201812 0.511 99.700 0.547
201903 0.204 99.700 0.219
201906 0.156 99.800 0.167
201909 0.201 100.100 0.214
201912 0.289 100.500 0.307
202003 0.284 100.300 0.302
202006 0.305 99.900 0.326
202009 0.338 99.900 0.361
202012 0.545 99.300 0.586
202103 0.444 99.900 0.475
202106 0.627 99.500 0.673
202109 0.604 100.100 0.644
202112 0.471 100.100 0.503
202203 0.363 101.100 0.383
202206 0.580 101.800 0.608
202209 0.618 103.100 0.640
202212 0.371 104.100 0.381
202303 0.167 104.400 0.171
202306 0.686 105.200 0.696
202309 0.377 106.200 0.379
202312 0.302 106.800 0.302

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.


Mitsubishi Gas Chemical Co  (OTCPK:MBGCF) 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.


Mitsubishi Gas Chemical Co Shiller PE Ratio Related Terms

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Mitsubishi Gas Chemical Co (Mitsubishi Gas Chemical Co) Business Description

Traded in Other Exchanges
Address
5-2 Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8324
Mitsubishi Gas Chemical Co Inc manufactures and sells a variety of chemicals. The company organizes itself into four primary segments based on product type. The natural gas chemicals segment, which generates the most revenue of the segments, sells methanol, ammonia, and other chemicals produced from natural gas that are used to make fertilizers, plastics, and coatings. The specialty chemicals segment sells chemicals used to produce semiconductors, liquid crystals for televisions and monitors, and resins used to make plastic products. The aromatic chemicals segment sells terephthalic acid used to produce plastic bottles. The information and advanced materials segment sells copper laminates and oxygen absorbers.

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