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Nichias (TSE:5393) Shiller PE Ratio : 17.91 (As of May. 20, 2024)


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What is Nichias Shiller PE Ratio?

As of today (2024-05-20), Nichias's current share price is 円4400.00. Nichias's E10 for the quarter that ended in Mar. 2024 was 円245.65. Nichias's Shiller PE Ratio for today is 17.91.

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

TSE:5393' s Shiller PE Ratio Range Over the Past 10 Years
Min: 10.9   Med: 15.39   Max: 147
Current: 17.89

During the past years, Nichias's highest Shiller PE Ratio was 147.00. The lowest was 10.90. And the median was 15.39.

TSE:5393's Shiller PE Ratio is ranked worse than
53.96% of 341 companies
in the Conglomerates industry
Industry Median: 16.33 vs TSE:5393: 17.89

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.

Nichias's adjusted earnings per share data for the three months ended in Mar. 2024 was 円109.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円245.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nichias Shiller PE Ratio Historical Data

The historical data trend for Nichias'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.

Nichias Shiller PE Ratio Chart

Nichias Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.93 17.65 13.86 12.66 16.57

Nichias 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 12.66 13.69 13.45 14.35 16.57

Competitive Comparison of Nichias's Shiller PE Ratio

For the Conglomerates subindustry, Nichias'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.


Nichias's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nichias's Shiller PE Ratio distribution charts can be found below:

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



Nichias 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.

Nichias's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=4400.00/245.65
=17.91

* 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.

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

For example, Nichias'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)
=109.9/107.2000*107.2000
=109.900

Current CPI (Mar. 2024) = 107.2000.

Nichias Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 26.240 98.000 28.703
201409 21.440 98.500 23.334
201412 37.340 97.900 40.887
201503 32.020 97.900 35.062
201506 30.160 98.400 32.857
201509 35.360 98.500 38.483
201512 30.620 98.100 33.460
201603 -0.020 97.900 -0.022
201606 34.780 98.100 38.006
201609 48.240 98.000 52.769
201612 59.840 98.400 65.192
201703 54.460 98.100 59.512
201706 50.340 98.500 54.786
201709 50.000 98.800 54.251
201712 58.390 99.400 62.972
201803 63.970 99.200 69.129
201806 69.590 99.200 75.202
201809 54.839 99.900 58.846
201812 60.703 99.700 65.269
201903 53.500 99.700 57.525
201906 49.920 99.800 53.621
201909 56.213 100.100 60.200
201912 52.930 100.500 56.459
202003 62.139 100.300 66.414
202006 27.580 99.900 29.595
202009 42.760 99.900 45.885
202012 57.164 99.300 61.712
202103 34.020 99.900 36.506
202106 81.660 99.500 87.979
202109 72.850 100.100 78.017
202112 86.366 100.100 92.492
202203 91.297 101.100 96.806
202206 84.690 101.800 89.182
202209 85.810 103.100 89.222
202212 91.780 104.100 94.513
202303 60.310 104.400 61.928
202306 95.780 105.200 97.601
202309 99.870 106.200 100.810
202312 101.047 106.800 101.425
202403 109.900 107.200 109.900

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.


Nichias  (TSE:5393) 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.


Nichias Shiller PE Ratio Related Terms

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


Nichias (TSE:5393) Business Description

Traded in Other Exchanges
Address
6-1, Hatchobori 1-chome, Chuo-ku, Tokyo, JPN, 104-8555
Nichias Corp is engaged in five businesses, each contributing between roughly 10% and 30% of the company's total revenue. Energy and Industrial Plants, the largest business by sales, provides engineering services and products to energy plant customers that have construction and maintenance needs. Industrial Products provides a wide range of products to the infrastructure industry. Autoparts provides heat-proofing and sound-proofing products to automobile and automobile parts manufacturers. Building Materials supplies and installs fireproof building materials for residences and buildings. Advanced Products, the smallest business, provides components and materials for semiconductors to electronics-related industries. Nearly all the company's sales are in Asia, with more than 80% from Japan.

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