Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Shiller PE Ratio : 41.10 (As of May. 10, 2024)

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What is Mitsubishi Heavy Industries Shiller PE Ratio?

As of today (2024-05-10), Mitsubishi Heavy Industries's current share price is $8.22. Mitsubishi Heavy Industries's E10 for the quarter that ended in Mar. 2024 was $0.20. Mitsubishi Heavy Industries's Shiller PE Ratio for today is 41.10.

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

MHVYF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.51 Med: 19.14 Max: 47.18
Current: 41.1

During the past years, Mitsubishi Heavy Industries's highest Shiller PE Ratio was 47.18. The lowest was 10.51. And the median was 19.14.

MHVYF's Shiller PE Ratio is ranked worse than
72.95% of 1745 companies
in the Industrial Products industry
Industry Median: 26.07 vs MHVYF: 41.10

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 Heavy Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.167. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Mitsubishi Heavy Industries Shiller PE Ratio Historical Data

The historical data trend for Mitsubishi Heavy Industries'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 Heavy Industries Shiller PE Ratio Chart

Mitsubishi Heavy Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Shiller PE Ratio

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11.74

14.59

15.15

17.35

47.37

Mitsubishi Heavy Industries 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															17.35	22.79	27.60	27.22	47.37

Competitive Comparison of Mitsubishi Heavy Industries's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Mitsubishi Heavy Industries'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 Heavy Industries's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Heavy Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mitsubishi Heavy Industries's Shiller PE Ratio falls into.

Mitsubishi Heavy Industries 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 Heavy Industries's Shiller PE Ratio for today is calculated as

Shiller PE Ratio	=	Share Price	/	E10
	=	8.22	/	0.2
	=	41.10

Mitsubishi Heavy Industries's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, Mitsubishi Heavy Industries'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)
	=	0.167	/	107.2000	*	107.2000
	=	0.167

Current CPI (Mar. 2024) = 107.2000.

Mitsubishi Heavy Industries Quarterly Data

	Earnings per Share (Diluted)	CPI	Adj_EPS
201406	0.066	98.000	0.072
201409	0.043	98.500	0.047
201412	0.083	97.900	0.091
201503	0.097	97.900	0.106
201506	0.085	98.400	0.093
201509	0.019	98.500	0.021
201512	0.024	98.100	0.026
201603	0.027	97.900	0.030
201606	-0.034	98.100	-0.037
201609	-0.020	98.000	-0.022
201612	0.020	98.400	0.022
201703	0.261	98.100	0.285
201706	-0.008	98.500	-0.009
201709	0.000	98.800	0.000
201712	0.011	99.400	0.012
201803	-0.024	99.200	-0.026
201806	0.043	99.200	0.046
201809	0.030	99.900	0.032
201812	0.042	99.700	0.045
201903	0.180	99.700	0.194
201906	0.045	99.800	0.048
201909	0.036	100.100	0.039
201912	0.197	100.500	0.210
202003	-0.040	100.300	-0.043
202006	-0.160	99.900	-0.172
202009	0.002	99.900	0.002
202012	0.173	99.300	0.187
202103	0.102	99.900	0.109
202106	0.034	99.500	0.037
202109	-0.002	100.100	-0.002
202112	0.099	100.100	0.106
202203	0.159	101.100	0.169
202206	0.043	101.800	0.045
202209	0.073	103.100	0.076
202212	0.027	104.100	0.028
202303	0.143	104.400	0.147
202306	0.112	105.200	0.114
202309	0.078	106.200	0.079
202312	0.095	106.800	0.095
202403	0.167	107.200	0.167

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 Heavy Industries (OTCPK:MHVYF) 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 Heavy Industries Shiller PE Ratio Related Terms

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Mitsubishi Heavy Industries (Mitsubishi Heavy Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mitsubishi Heavy Industries Ltd (OTCPK:MHVYF) » Definitions » Shiller PE Ratio

Comparable Companies

Traded in Other Exchanges

7011:Japan MIH:Germany

Address

2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332

Website

https://www.mhi.com

Mitsubishi Heavy Industries Ltd is engaged in the manufacturing and sale of ships, industrial machinery, and aircraft. The segments of the company are Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense, and Space. The company earns maximum revenue from the energy segment which handles clean gas, steam power systems, nuclear power systems, compressors, and marine machinery. The Plants and Infrastructure Systems segment of the company deals with commercial ships, engineering, machine tools, and machinery systems; Logistics, Thermal, and Drive Systems provide material handling systems, engines, HVAC systems, and automotive air-conditioners; and the Aircraft, Defense, and Space cover commercial aircraft, defense aircraft, and others.