GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » DIC Corp (TSE:4631) » Definitions » Shiller PE Ratio

DIC (TSE:4631) Shiller PE Ratio : 15.88 (As of May. 25, 2024)


View and export this data going back to 1950. Start your Free Trial

What is DIC Shiller PE Ratio?

As of today (2024-05-25), DIC's current share price is 円3292.00. DIC's E10 for the quarter that ended in Mar. 2024 was 円207.30. DIC's Shiller PE Ratio for today is 15.88.

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

TSE:4631' s Shiller PE Ratio Range Over the Past 10 Years
Min: 6.59   Med: 9.69   Max: 18.24
Current: 15.21

During the past years, DIC's highest Shiller PE Ratio was 18.24. The lowest was 6.59. And the median was 9.69.

TSE:4631's Shiller PE Ratio is ranked better than
61.17% of 1043 companies
in the Chemicals industry
Industry Median: 19.66 vs TSE:4631: 15.21

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.

DIC's adjusted earnings per share data for the three months ended in Mar. 2024 was 円-29.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円207.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DIC Shiller PE Ratio Historical Data

The historical data trend for DIC'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.

DIC Shiller PE Ratio Chart

DIC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.07 8.97 10.33 8.13 12.85

DIC 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 8.27 9.27 8.90 12.85 13.99

Competitive Comparison of DIC's Shiller PE Ratio

For the Specialty Chemicals subindustry, DIC'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.


DIC's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



DIC 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.

DIC's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3292.00/207.3
=15.88

* 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.

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

For example, DIC'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)
=-29.35/107.2000*107.2000
=-29.350

Current CPI (Mar. 2024) = 107.2000.

DIC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 56.100 98.000 61.367
201409 63.600 98.500 69.217
201412 91.026 97.900 99.673
201503 88.200 97.900 96.579
201506 70.660 98.400 76.979
201509 80.141 98.500 87.219
201512 150.350 98.100 164.297
201603 72.420 97.900 79.300
201606 106.560 98.100 116.445
201609 87.650 98.000 95.878
201612 100.090 98.400 109.041
201703 93.240 98.100 101.889
201706 90.728 98.500 98.742
201709 186.487 98.800 202.342
201712 36.811 99.400 39.700
201803 78.290 99.200 84.604
201806 79.061 99.200 85.437
201809 79.504 99.900 85.314
201812 101.283 99.700 108.902
201903 56.020 99.700 60.234
201906 82.708 99.800 88.841
201909 54.910 100.100 58.805
201912 54.650 100.500 58.293
202003 48.650 100.300 51.997
202006 60.530 99.900 64.953
202009 37.810 99.900 40.573
202012 -7.184 99.300 -7.756
202103 107.730 99.900 115.602
202106 61.600 99.500 66.367
202109 -7.850 100.100 -8.407
202112 -115.366 100.100 -123.549
202203 78.220 101.100 82.940
202206 73.805 101.800 77.720
202209 36.089 103.100 37.524
202212 -2.071 104.100 -2.133
202303 20.040 104.400 20.577
202306 -9.510 105.200 -9.691
202309 -39.679 106.200 -40.053
202312 -391.920 106.800 -393.388
202403 -29.350 107.200 -29.350

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.


DIC  (TSE:4631) 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.


DIC Shiller PE Ratio Related Terms

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


DIC (TSE:4631) Business Description

Traded in Other Exchanges
Address
DIC Building, 7-20, Nihonbashi 3-chome, Chuo-ku, Tokyo, JPN, 103-8233
DIC Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into four segments based on product type. The printing inks segment, which generates the most revenue of any segment, sells inks used for publishing as well as inks and adhesives used for packaging. The polymers segment sells synthetic resins used in electronics and automobiles. The fine chemicals segment sells liquid crystals used for televisions and monitors as well as pigments for color filters. The application materials segment sells industrial adhesive tape as well as materials used for coating, printing, and molding.

DIC (TSE:4631) Headlines

No Headlines