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Hirose Electric Co (TSE:6806) Shiller PE Ratio : 25.93 (As of May. 14, 2024)


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What is Hirose Electric Co Shiller PE Ratio?

As of today (2024-05-14), Hirose Electric Co's current share price is 円17990.00. Hirose Electric Co's E10 for the quarter that ended in Mar. 2024 was 円693.91. Hirose Electric Co's Shiller PE Ratio for today is 25.93.

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

TSE:6806' s Shiller PE Ratio Range Over the Past 10 Years
Min: 19.02   Med: 27.11   Max: 37.61
Current: 26.48

During the past years, Hirose Electric Co's highest Shiller PE Ratio was 37.61. The lowest was 19.02. And the median was 27.11.

TSE:6806's Shiller PE Ratio is ranked worse than
54.63% of 1382 companies
in the Hardware industry
Industry Median: 23.975 vs TSE:6806: 26.48

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.

Hirose Electric Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円170.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円693.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hirose Electric Co Shiller PE Ratio Historical Data

The historical data trend for Hirose Electric 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.

Hirose Electric Co Shiller PE Ratio Chart

Hirose Electric Co 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 22.04 32.13 30.27 25.72 22.30

Hirose Electric Co 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 25.72 28.12 25.26 22.94 22.30

Competitive Comparison of Hirose Electric Co's Shiller PE Ratio

For the Electronic Components subindustry, Hirose Electric 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.


Hirose Electric Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hirose Electric Co's Shiller PE Ratio distribution charts can be found below:

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



Hirose Electric 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.

Hirose Electric Co's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=17990.00/693.91
=25.93

* 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.

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

For example, Hirose Electric Co'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)
=170.34/107.2000*107.2000
=170.340

Current CPI (Mar. 2024) = 107.2000.

Hirose Electric Co Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 146.086 98.000 159.800
201409 161.234 98.500 175.475
201412 158.902 97.900 173.997
201503 167.920 97.900 183.872
201506 146.440 98.400 159.536
201509 181.800 98.500 197.857
201512 153.310 98.100 167.531
201603 114.430 97.900 125.300
201606 151.320 98.100 165.357
201609 138.370 98.000 151.360
201612 172.220 98.400 187.622
201703 149.790 98.100 163.685
201706 136.300 98.500 148.339
201709 174.250 98.800 189.065
201712 158.880 99.400 171.347
201803 79.120 99.200 85.501
201806 112.980 99.200 122.091
201809 141.880 99.900 152.248
201812 161.170 99.700 173.294
201903 73.380 99.700 78.900
201906 111.560 99.800 119.832
201909 123.570 100.100 132.335
201912 93.390 100.500 99.616
202003 91.850 100.300 98.169
202006 121.780 99.900 130.679
202009 135.700 99.900 145.616
202012 155.600 99.300 167.979
202103 135.970 99.900 145.906
202106 185.800 99.500 200.178
202109 229.420 100.100 245.693
202112 254.240 100.100 272.273
202203 216.340 101.100 229.393
202206 286.840 101.800 302.055
202209 307.430 103.100 319.656
202212 249.580 104.100 257.012
202303 157.880 104.400 162.114
202306 174.870 105.200 178.195
202309 190.960 106.200 192.758
202312 236.230 106.800 237.115
202403 170.340 107.200 170.340

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.


Hirose Electric Co  (TSE:6806) 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.


Hirose Electric Co Shiller PE Ratio Related Terms

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


Hirose Electric Co (TSE:6806) Business Description

Traded in Other Exchanges
Address
5-23. Osaki 5-chome, shinagawa-ku, Tokyo, JPN, 141-8587
Hirose Electric Co Ltd is a Japan-based company that manufactures and distributes electrical and electronic connectors for use in automotive, mobile communication, telecommunications, networking, and smart grid applications. Its product portfolio includes printed circuit boards, optical connectors, fiber optic cables, sealed connectors, microwave components, switches and sensors, modular jacks and plugs, integrated circuit cards and sockets, and coaxial cables. The firm generates revenue in Europe, Asia, and North America.

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