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Toa (TSE:6809) Shiller PE Ratio : 16.63 (As of May. 11, 2024)


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What is Toa Shiller PE Ratio?

As of today (2024-05-11), Toa's current share price is 円1126.00. Toa's E10 for the quarter that ended in Dec. 2023 was 円67.72. Toa's Shiller PE Ratio for today is 16.63.

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

TSE:6809' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.92   Med: 13.63   Max: 23.09
Current: 18.03

During the past years, Toa's highest Shiller PE Ratio was 23.09. The lowest was 9.92. And the median was 13.63.

TSE:6809's Shiller PE Ratio is ranked better than
53.07% of 522 companies
in the Business Services industry
Industry Median: 19.68 vs TSE:6809: 18.03

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.

Toa's adjusted earnings per share data for the three months ended in Dec. 2023 was 円25.449. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円67.72 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Toa Shiller PE Ratio Historical Data

The historical data trend for Toa'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.

Toa Shiller PE Ratio Chart

Toa 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 17.92 12.27 14.29 10.25 12.50

Toa 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 11.56 12.50 13.94 17.37 15.27

Competitive Comparison of Toa's Shiller PE Ratio

For the Security & Protection Services subindustry, Toa'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.


Toa's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Toa's Shiller PE Ratio distribution charts can be found below:

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



Toa 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.

Toa's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1126.00/67.72
=16.63

* 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.

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

For example, Toa'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)
=25.449/106.8000*106.8000
=25.449

Current CPI (Dec. 2023) = 106.8000.

Toa Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 37.690 95.700 42.062
201406 -2.620 98.000 -2.855
201409 27.170 98.500 29.459
201412 26.840 97.900 29.280
201503 35.640 97.900 38.880
201506 -1.670 98.400 -1.813
201509 22.148 98.500 24.014
201512 16.803 98.100 18.293
201603 24.500 97.900 26.727
201606 -11.820 98.100 -12.868
201609 18.605 98.000 20.276
201612 16.080 98.400 17.453
201703 28.793 98.100 31.347
201706 -8.580 98.500 -9.303
201709 21.144 98.800 22.856
201712 16.980 99.400 18.244
201803 33.577 99.200 36.149
201806 -1.130 99.200 -1.217
201809 22.089 99.900 23.615
201812 25.427 99.700 27.238
201903 27.550 99.700 29.512
201906 0.940 99.800 1.006
201909 18.850 100.100 20.112
201912 12.551 100.500 13.338
202003 28.631 100.300 30.486
202006 -11.410 99.900 -12.198
202009 6.670 99.900 7.131
202012 20.450 99.300 21.995
202103 33.160 99.900 35.450
202106 -3.210 99.500 -3.446
202109 17.344 100.100 18.505
202112 10.548 100.100 11.254
202203 20.371 101.100 21.520
202206 8.200 101.800 8.603
202209 11.120 103.100 11.519
202212 7.790 104.100 7.992
202303 27.400 104.400 28.030
202306 -1.960 105.200 -1.990
202309 24.921 106.200 25.062
202312 25.449 106.800 25.449

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.


Toa  (TSE:6809) 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.


Toa Shiller PE Ratio Related Terms

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


Toa (TSE:6809) Business Description

Traded in Other Exchanges
N/A
Address
2 - 1 Nogoshima Nakamachi Chuo - ku, Hyogo Prefecture, Kobe, JPN, 650-0046
Toa Corp is mainly engaged in the manufacture and sale of loudspeaker broadcasting and communication equipment. It operates in three business divisions including Acoustic equipment business, Security equipment business and other. Acoustic equipment business manufactures loudspeaker broadcasting equipment, Professional sound equipment, and communication equipment. Security equipment business manufactures video equipment. Other business segment includes Leasing of equipment and management hall. Its product offerings include microphone, amplifier, speaker, megaphone, professional sound system, digital mixing system, Intercom system, telephone application system, wireless microphone system, contact wireless system, surveillance television, monitor television, video recorder, among others.

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