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Olympus (Olympus) Shiller PE Ratio : 34.86 (As of May. 04, 2024)


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What is Olympus Shiller PE Ratio?

As of today (2024-05-04), Olympus's current share price is $14.64. Olympus's E10 for the quarter that ended in Dec. 2023 was $0.42. Olympus's Shiller PE Ratio for today is 34.86.

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

OLYMY' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.1   Med: 87.61   Max: 1797.62
Current: 38.53

During the past years, Olympus's highest Shiller PE Ratio was 1797.62. The lowest was 16.10. And the median was 87.61.

OLYMY's Shiller PE Ratio is ranked worse than
65.96% of 282 companies
in the Medical Devices & Instruments industry
Industry Median: 27.07 vs OLYMY: 38.53

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.

Olympus's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Olympus Shiller PE Ratio Historical Data

The historical data trend for Olympus'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.

Olympus Shiller PE Ratio Chart

Olympus 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 84.63 114.74 164.57 83.31 58.57

Olympus 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 64.09 58.57 38.27 33.30 34.53

Competitive Comparison of Olympus's Shiller PE Ratio

For the Medical Instruments & Supplies subindustry, Olympus'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.


Olympus's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Olympus's Shiller PE Ratio distribution charts can be found below:

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



Olympus 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.

Olympus's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=14.64/0.42
=34.86

* 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.

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

For example, Olympus'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)
=0.11/106.8000*106.8000
=0.110

Current CPI (Dec. 2023) = 106.8000.

Olympus Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.057 95.700 0.064
201406 0.058 98.000 0.063
201409 0.096 98.500 0.104
201412 0.059 97.900 0.064
201503 -0.247 97.900 -0.269
201506 0.099 98.400 0.107
201509 0.116 98.500 0.126
201512 0.042 98.100 0.046
201603 0.128 97.900 0.140
201606 0.062 98.100 0.067
201609 0.105 98.000 0.114
201612 0.100 98.400 0.109
201703 0.021 98.100 0.023
201706 0.066 98.500 0.072
201709 0.130 98.800 0.141
201712 0.118 99.400 0.127
201803 0.062 99.200 0.067
201806 -0.111 99.200 -0.120
201809 0.073 99.900 0.078
201812 0.078 99.700 0.084
201903 0.011 99.700 0.012
201906 0.058 99.800 0.062
201909 0.194 100.100 0.207
201912 0.164 100.500 0.174
202003 -0.050 100.300 -0.053
202006 -0.020 99.900 -0.021
202009 -0.147 99.900 -0.157
202012 0.182 99.300 0.196
202103 0.081 99.900 0.087
202106 0.132 99.500 0.142
202109 0.308 100.100 0.329
202112 0.173 100.100 0.185
202203 0.186 101.100 0.196
202206 0.146 101.800 0.153
202209 0.230 103.100 0.238
202212 0.242 104.100 0.248
202303 0.210 104.400 0.215
202306 1.355 105.200 1.376
202309 -0.133 106.200 -0.134
202312 0.110 106.800 0.110

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.


Olympus  (OTCPK:OLYMY) 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.


Olympus Shiller PE Ratio Related Terms

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


Olympus (Olympus) Business Description

Traded in Other Exchanges
Address
Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0914
Olympus Corp manufactures and sells precision instruments for the healthcare industry. The firm operates in three segments: scientific solutions, imaging, and medical. The scientific solutions segment sells microscopes and other imaging tools to life sciences and industrial customers. The imaging segment sells digital cameras under the Olympus brand. The medical segment supplies medical equipment, including gastrointestinal and surgical endoscopes and endotherapy devices. This segment generates the vast majority of revenue. Sales in Asia and North America contribute the largest proportions of revenue.

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