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Ajinomoto Co (TSE:2802) Shiller PE Ratio : 50.82 (As of May. 08, 2024)


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What is Ajinomoto Co Shiller PE Ratio?

As of today (2024-05-08), Ajinomoto Co's current share price is 円5752.00. Ajinomoto Co's E10 for the quarter that ended in Dec. 2023 was 円113.18. Ajinomoto Co's Shiller PE Ratio for today is 50.82.

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

TSE:2802' s Shiller PE Ratio Range Over the Past 10 Years
Min: 21.96   Med: 32.03   Max: 57.55
Current: 51.83

During the past years, Ajinomoto Co's highest Shiller PE Ratio was 57.55. The lowest was 21.96. And the median was 32.03.

TSE:2802's Shiller PE Ratio is ranked worse than
86.87% of 1074 companies
in the Consumer Packaged Goods industry
Industry Median: 19.075 vs TSE:2802: 51.83

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.

Ajinomoto Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円59.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円113.18 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ajinomoto Co Shiller PE Ratio Historical Data

The historical data trend for Ajinomoto 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.

Ajinomoto Co Shiller PE Ratio Chart

Ajinomoto Co 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 23.84 26.59 27.78 38.56 44.85

Ajinomoto Co 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 41.12 44.85 53.72 52.74 48.06

Competitive Comparison of Ajinomoto Co's Shiller PE Ratio

For the Packaged Foods subindustry, Ajinomoto 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.


Ajinomoto Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's Shiller PE Ratio distribution charts can be found below:

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



Ajinomoto 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.

Ajinomoto Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5752.00/113.18
=50.82

* 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.

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

For example, Ajinomoto 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)
=59.94/106.8000*106.8000
=59.940

Current CPI (Dec. 2023) = 106.8000.

Ajinomoto Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 8.999 95.700 10.043
201406 18.480 98.000 20.139
201409 16.550 98.500 17.945
201412 32.270 97.900 35.204
201503 11.240 97.900 12.262
201506 54.290 98.400 58.925
201509 16.608 98.500 18.007
201512 64.389 98.100 70.099
201603 -15.095 97.900 -16.467
201606 23.510 98.100 25.595
201609 23.610 98.000 25.730
201612 38.300 98.400 41.570
201703 7.445 98.100 8.105
201706 27.670 98.500 30.002
201709 27.350 98.800 29.565
201712 42.520 99.400 45.685
201803 8.218 99.200 8.848
201806 24.150 99.200 26.000
201809 22.490 99.900 24.043
201812 -6.810 99.700 -7.295
201903 13.390 99.700 14.344
201906 30.060 99.800 32.168
201909 -17.200 100.100 -18.351
201912 29.300 100.500 31.137
202003 -7.795 100.300 -8.300
202006 40.750 99.900 43.565
202009 26.080 99.900 27.881
202012 47.390 99.300 50.969
202103 -5.920 99.900 -6.329
202106 40.230 99.500 43.182
202109 58.700 100.100 62.629
202112 50.630 100.100 54.019
202203 -10.160 101.100 -10.733
202206 51.710 101.800 54.250
202209 35.950 103.100 37.240
202212 54.920 104.100 56.344
202303 33.380 104.400 34.147
202306 51.750 105.200 52.537
202309 36.970 106.200 37.179
202312 59.940 106.800 59.940

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.


Ajinomoto Co  (TSE:2802) 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.


Ajinomoto Co Shiller PE Ratio Related Terms

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Ajinomoto Co (TSE:2802) Business Description

Traded in Other Exchanges
Address
15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 104-8315
Ajinomoto is Japan's leading food company specializing in amino acids and seasonings derived from amino acid fermentation technologies. It also produces processed foods including dry soup mixes, frozen foods, and beverage products. Apart from the consumer business, it is a key supplier of MSG and nucleotides to global food manufacturers including Nestle. The food business represents nearly three fourths of group sales and 80%-plus of profits with nearly two thirds generated overseas. Healthcare and function materials (mainly Ajinomoto build-up film, or ABF), the key growth drivers through 2030, make up the balance of its business portfolio. The nonfood businesses are expected to contribute half of the group profits by 2030, boosted by ABF and CDMO growth.

Ajinomoto Co (TSE:2802) Headlines

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