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Hamamatsu Photonics KK (TSE:6965) Shiller PE Ratio : 33.26 (As of May. 12, 2024)


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What is Hamamatsu Photonics KK Shiller PE Ratio?

As of today (2024-05-12), Hamamatsu Photonics KK's current share price is 円5431.00. Hamamatsu Photonics KK's E10 for the quarter that ended in Mar. 2024 was 円163.28. Hamamatsu Photonics KK's Shiller PE Ratio for today is 33.26.

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

TSE:6965' s Shiller PE Ratio Range Over the Past 10 Years
Min: 31.99   Med: 47.3   Max: 67.68
Current: 33.26

During the past years, Hamamatsu Photonics KK's highest Shiller PE Ratio was 67.68. The lowest was 31.99. And the median was 47.30.

TSE:6965's Shiller PE Ratio is ranked worse than
64.95% of 1378 companies
in the Hardware industry
Industry Median: 24.16 vs TSE:6965: 33.26

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.

Hamamatsu Photonics KK's adjusted earnings per share data for the three months ended in Mar. 2024 was 円50.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円163.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hamamatsu Photonics KK Shiller PE Ratio Historical Data

The historical data trend for Hamamatsu Photonics KK'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.

Hamamatsu Photonics KK Shiller PE Ratio Chart

Hamamatsu Photonics KK Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.45 51.84 63.39 46.88 40.34

Hamamatsu Photonics KK 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 48.93 46.81 40.34 36.10 32.61

Competitive Comparison of Hamamatsu Photonics KK's Shiller PE Ratio

For the Electronic Components subindustry, Hamamatsu Photonics KK'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.


Hamamatsu Photonics KK's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hamamatsu Photonics KK's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hamamatsu Photonics KK's Shiller PE Ratio falls into.



Hamamatsu Photonics KK 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.

Hamamatsu Photonics KK's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=5431.00/163.28
=33.26

* 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.

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

For example, Hamamatsu Photonics KK'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)
=50.53/107.2000*107.2000
=50.530

Current CPI (Mar. 2024) = 107.2000.

Hamamatsu Photonics KK Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 21.175 98.000 23.163
201409 26.637 98.500 28.990
201412 28.460 97.900 31.164
201503 32.870 97.900 35.992
201506 19.746 98.400 21.512
201509 22.150 98.500 24.106
201512 23.240 98.100 25.396
201603 25.780 97.900 28.229
201606 20.163 98.100 22.033
201609 20.945 98.000 22.911
201612 23.020 98.400 25.079
201703 33.665 98.100 36.788
201706 26.820 98.500 29.189
201709 29.488 98.800 31.995
201712 29.580 99.400 31.901
201803 39.660 99.200 42.858
201806 33.600 99.200 36.310
201809 33.660 99.900 36.120
201812 31.470 99.700 33.837
201903 38.799 99.700 41.718
201906 28.160 99.800 30.248
201909 30.240 100.100 32.385
201912 25.520 100.500 27.221
202003 32.640 100.300 34.885
202006 20.489 99.900 21.986
202009 28.080 99.900 30.132
202012 25.400 99.300 27.421
202103 44.256 99.900 47.490
202106 45.838 99.500 49.385
202109 46.320 100.100 49.605
202112 55.520 100.100 59.458
202203 82.310 101.100 87.276
202206 66.721 101.800 70.260
202209 62.140 103.100 64.611
202212 73.110 104.100 75.287
202303 80.260 104.400 82.413
202306 56.325 105.200 57.396
202309 66.860 106.200 67.490
202312 57.770 106.800 57.986
202403 50.530 107.200 50.530

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.


Hamamatsu Photonics KK  (TSE:6965) 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.


Hamamatsu Photonics KK Shiller PE Ratio Related Terms

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Hamamatsu Photonics KK (TSE:6965) Business Description

Traded in Other Exchanges
Address
325-6, Sunayama-cho, Naka-ku, Shizuoka Pref, Hamamatsu, JPN, 430-8587
Hamamatsu Photonics KK is a Japan-based company that manufactures and distributes optical components and devices for use in life science equipment and systems, drug discovery systems, and material evaluation systems. The firm operates in four segments: Electronic Tube segment, which manufactures photomultiplier tubes; Optical Semiconductor segment, which sells optical sensors and other semiconductor components; Image Measuring Equipment, which manufactures the equipment for various measurement systems; and Others, which includes the hospitality business.

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