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Kansai Paint Co (TSE:4613) Shiller PE Ratio : 20.16 (As of May. 11, 2024)


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What is Kansai Paint Co Shiller PE Ratio?

As of today (2024-05-11), Kansai Paint Co's current share price is 円2082.50. Kansai Paint Co's E10 for the quarter that ended in Dec. 2023 was 円103.32. Kansai Paint Co's Shiller PE Ratio for today is 20.16.

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

TSE:4613' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.62   Med: 30.45   Max: 45.73
Current: 20.16

During the past years, Kansai Paint Co's highest Shiller PE Ratio was 45.73. The lowest was 19.62. And the median was 30.45.

TSE:4613's Shiller PE Ratio is ranked worse than
50.43% of 1041 companies
in the Chemicals industry
Industry Median: 19.79 vs TSE:4613: 20.16

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.

Kansai Paint Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円33.121. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円103.32 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kansai Paint Co Shiller PE Ratio Historical Data

The historical data trend for Kansai Paint 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.

Kansai Paint Co Shiller PE Ratio Chart

Kansai Paint 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 30.31 28.61 40.00 25.03 21.19

Kansai Paint 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 19.56 21.19 21.38 21.04 23.32

Competitive Comparison of Kansai Paint Co's Shiller PE Ratio

For the Specialty Chemicals subindustry, Kansai Paint 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.


Kansai Paint Co's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



Kansai Paint 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.

Kansai Paint Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2082.50/103.32
=20.16

* 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.

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

For example, Kansai Paint 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)
=33.121/106.8000*106.8000
=33.121

Current CPI (Dec. 2023) = 106.8000.

Kansai Paint Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 19.080 95.700 21.293
201406 13.960 98.000 15.214
201409 18.870 98.500 20.460
201412 18.860 97.900 20.575
201503 24.920 97.900 27.185
201506 20.310 98.400 22.044
201509 18.610 98.500 20.178
201512 23.801 98.100 25.912
201603 43.680 97.900 47.651
201606 16.960 98.100 18.464
201609 21.400 98.000 23.322
201612 24.110 98.400 26.168
201703 20.990 98.100 22.851
201706 19.850 98.500 21.523
201709 23.040 98.800 24.906
201712 18.100 99.400 19.447
201803 -1.700 99.200 -1.830
201806 13.730 99.200 14.782
201809 25.470 99.900 27.229
201812 17.270 99.700 18.500
201903 1.810 99.700 1.939
201906 14.140 99.800 15.132
201909 20.200 100.100 21.552
201912 23.160 100.500 24.612
202003 8.210 100.300 8.742
202006 7.760 99.900 8.296
202009 7.700 99.900 8.232
202012 29.880 99.300 32.137
202103 27.130 99.900 29.004
202106 19.350 99.500 20.770
202109 22.230 100.100 23.718
202112 22.400 100.100 23.899
202203 32.060 101.100 33.868
202206 23.840 101.800 25.011
202209 24.370 103.100 25.245
202212 19.110 104.100 19.606
202303 35.400 104.400 36.214
202306 164.670 105.200 167.174
202309 38.854 106.200 39.074
202312 33.121 106.800 33.121

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.


Kansai Paint Co  (TSE:4613) 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.


Kansai Paint Co Shiller PE Ratio Related Terms

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Kansai Paint Co (TSE:4613) Business Description

Traded in Other Exchanges
Address
6-14, Imabashi 2-chome, Chuo-ku, Osaka, JPN, 541-8523
Kansai Paint Co Ltd manufactures and sells a variety of coatings and paint products. The company sells five primary types of products: automotive coatings; automotive refinish coatings; decorative coatings; protection coatings; and industrial coatings. The firm's automotive coatings include clear coat paints, top coat paints, and primers. The industrial coatings include paint and coatings for bridges, roads, storage tanks, power plants, and manufacturing facilities. Kansai Paint sells its products primarily to the automotive, marine, and construction industries.

Kansai Paint Co (TSE:4613) Headlines

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