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ASICS (STU:ASI1) Shiller PE Ratio : 137.25 (As of Jun. 11, 2024)


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What is ASICS Shiller PE Ratio?

As of today (2024-06-11), ASICS's current share price is €54.90. ASICS's E10 for the quarter that ended in Mar. 2024 was €0.40. ASICS's Shiller PE Ratio for today is 137.25.

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

STU:ASI1' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.15   Med: 44.83   Max: 140.06
Current: 140.05

During the past years, ASICS's highest Shiller PE Ratio was 140.06. The lowest was 13.15. And the median was 44.83.

STU:ASI1's Shiller PE Ratio is ranked worse than
93.63% of 628 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 19.005 vs STU:ASI1: 140.05

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.

ASICS's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.899. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASICS Shiller PE Ratio Historical Data

The historical data trend for ASICS'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.

ASICS Shiller PE Ratio Chart

ASICS Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.98 50.56 66.13 69.91 83.83

ASICS 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 75.05 86.49 88.14 83.83 109.08

Competitive Comparison of ASICS's Shiller PE Ratio

For the Footwear & Accessories subindustry, ASICS'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.


ASICS's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, ASICS's Shiller PE Ratio distribution charts can be found below:

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



ASICS 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.

ASICS's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=54.90/0.4
=137.25

* 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.

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

For example, ASICS'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)
=0.899/107.2000*107.2000
=0.899

Current CPI (Mar. 2024) = 107.2000.

ASICS Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.518 98.000 0.567
201409 0.384 98.500 0.418
201412 -0.077 97.900 -0.084
201503 0.325 97.900 0.356
201506 0.215 98.400 0.234
201509 0.025 98.500 0.027
201512 -0.197 98.100 -0.215
201603 0.369 97.900 0.404
201606 0.106 98.100 0.116
201609 0.298 98.000 0.326
201612 -0.134 98.400 -0.146
201703 0.386 98.100 0.422
201706 0.093 98.500 0.101
201709 0.155 98.800 0.168
201712 -0.112 99.400 -0.121
201803 0.202 99.200 0.218
201806 -0.078 99.200 -0.084
201809 0.186 99.900 0.200
201812 -1.188 99.700 -1.277
201903 0.177 99.700 0.190
201906 0.049 99.800 0.053
201909 0.064 100.100 0.069
201912 0.009 100.500 0.010
202003 -0.011 100.300 -0.012
202006 -0.272 99.900 -0.292
202009 0.126 99.900 0.135
202012 -0.551 99.300 -0.595
202103 0.442 99.900 0.474
202106 0.077 99.500 0.083
202109 0.283 100.100 0.303
202112 -0.411 100.100 -0.440
202203 0.365 101.100 0.387
202206 0.186 101.800 0.196
202209 0.372 103.100 0.387
202212 -0.128 104.100 -0.132
202303 0.622 104.400 0.639
202306 0.302 105.200 0.308
202309 0.535 106.200 0.540
202312 -0.174 106.800 -0.175
202403 0.899 107.200 0.899

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.


ASICS  (STU:ASI1) 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.


ASICS Shiller PE Ratio Related Terms

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


ASICS (STU:ASI1) Business Description

Traded in Other Exchanges
Address
1-1, Minatojima-Nakamachi 7-chome, Chuo-ku, Kobe, JPN, 650-8555
ASICS Corp is a Japanese manufacturer and distributor of sporting goods. The company organises itself across three business domains: athletic sports, sports lifestyle, and health/comfort. Athletic sports provide equipment for running, Asics' core business; training; tennis; and rugby. Sports lifestyle includes fashion and lifestyle apparel and footwear. Health/comfort includes casual leather shoes, safety shoes, and nursing care facilities. The company reports results for three segments: sports shoes, sportswear, and sports equipment. The sports shoes segment contributes to the vast majority of consolidated revenue. Geographically, sales made domestically, across the Americas, and in EMEA contribute significantly to revenue, and collectively constitute the vast majority of sales.

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