GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CKD Corp (TSE:6407) » Definitions » Shiller PE Ratio

CKD (TSE:6407) Shiller PE Ratio : 24.13 (As of May. 12, 2024)


View and export this data going back to 1979. Start your Free Trial

What is CKD Shiller PE Ratio?

As of today (2024-05-12), CKD's current share price is 円3055.00. CKD's E10 for the quarter that ended in Dec. 2023 was 円126.62. CKD's Shiller PE Ratio for today is 24.13.

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

TSE:6407' s Shiller PE Ratio Range Over the Past 10 Years
Min: 11.66   Med: 20.12   Max: 46.74
Current: 24.13

During the past years, CKD's highest Shiller PE Ratio was 46.74. The lowest was 11.66. And the median was 20.12.

TSE:6407's Shiller PE Ratio is ranked better than
54.64% of 1746 companies
in the Industrial Products industry
Industry Median: 26.005 vs TSE:6407: 24.13

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.

CKD's adjusted earnings per share data for the three months ended in Dec. 2023 was 円36.217. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円126.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CKD Shiller PE Ratio Historical Data

The historical data trend for CKD'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.

CKD Shiller PE Ratio Chart

CKD 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 12.12 17.17 26.78 18.83 17.71

CKD 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 15.96 17.71 19.10 16.49 20.06

Competitive Comparison of CKD's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, CKD'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.


CKD's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CKD's Shiller PE Ratio distribution charts can be found below:

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



CKD 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.

CKD's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=3055.00/126.62
=24.13

* 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.

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

For example, CKD'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)
=36.217/106.8000*106.8000
=36.217

Current CPI (Dec. 2023) = 106.8000.

CKD Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 23.040 95.700 25.712
201406 17.140 98.000 18.679
201409 18.470 98.500 20.026
201412 27.560 97.900 30.065
201503 33.080 97.900 36.087
201506 25.530 98.400 27.709
201509 21.540 98.500 23.355
201512 13.369 98.100 14.555
201603 27.540 97.900 30.044
201606 17.660 98.100 19.226
201609 27.585 98.000 30.062
201612 25.950 98.400 28.165
201703 41.180 98.100 44.832
201706 32.210 98.500 34.924
201709 36.726 98.800 39.700
201712 34.158 99.400 36.701
201803 44.550 99.200 47.963
201806 34.830 99.200 37.498
201809 1.276 99.900 1.364
201812 10.120 99.700 10.841
201903 31.185 99.700 33.406
201906 3.500 99.800 3.745
201909 7.530 100.100 8.034
201912 21.960 100.500 23.337
202003 26.429 100.300 28.142
202006 12.500 99.900 13.363
202009 12.400 99.900 13.256
202012 20.050 99.300 21.564
202103 35.250 99.900 37.685
202106 48.130 99.500 51.661
202109 43.130 100.100 46.017
202112 46.867 100.100 50.004
202203 50.438 101.100 53.282
202206 47.000 101.800 49.308
202209 58.560 103.100 60.662
202212 62.827 104.100 64.457
202303 53.355 104.400 54.582
202306 28.060 105.200 28.487
202309 31.300 106.200 31.477
202312 36.217 106.800 36.217

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.


CKD  (TSE:6407) 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.


CKD Shiller PE Ratio Related Terms

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


CKD (TSE:6407) Business Description

Traded in Other Exchanges
Address
2-250, Ouji, Aichi, Komaki, JPN, 485-8551
CKD is a Japan-based company that develops, manufactures, sells, and exports automatic machinery products, labor-saving components, pneumatic control components, fine system components, and fluid control components. The company's products are applied in semiconductor-related businesses, automobile-related businesses, and other sectors. CKD owns four plants in Japan, and also operates production bases in China, Thailand, South Korea, Malaysia, and Indonesia. The company generates the majority of its sales from the Asian market.

CKD (TSE:6407) Headlines

No Headlines