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MISUMI Group (TSE:9962) Shiller PE Ratio : 32.00 (As of May. 09, 2024)


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What is MISUMI Group Shiller PE Ratio?

As of today (2024-05-09), MISUMI Group's current share price is 円2778.00. MISUMI Group's E10 for the quarter that ended in Mar. 2024 was 円86.80. MISUMI Group's Shiller PE Ratio for today is 32.00.

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

TSE:9962' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.09   Med: 50.55   Max: 79.96
Current: 31.41

During the past years, MISUMI Group's highest Shiller PE Ratio was 79.96. The lowest was 24.09. And the median was 50.55.

TSE:9962's Shiller PE Ratio is ranked worse than
59.09% of 1743 companies
in the Industrial Products industry
Industry Median: 26.04 vs TSE:9962: 31.41

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.

MISUMI Group's adjusted earnings per share data for the three months ended in Mar. 2024 was 円20.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is 円86.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MISUMI Group Shiller PE Ratio Historical Data

The historical data trend for MISUMI Group'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.

MISUMI Group Shiller PE Ratio Chart

MISUMI Group 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 41.61 54.64 53.03 41.53 23.79

MISUMI Group 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 41.53 35.46 28.02 27.97 23.79

Competitive Comparison of MISUMI Group's Shiller PE Ratio

For the Tools & Accessories subindustry, MISUMI Group'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.


MISUMI Group's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



MISUMI Group 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.

MISUMI Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=2778.00/86.8
=32.00

* 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.

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

For example, MISUMI Group'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)
=20.17/107.2000*107.2000
=20.170

Current CPI (Mar. 2024) = 107.2000.

MISUMI Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 14.510 98.000 15.872
201409 12.993 98.500 14.141
201412 15.273 97.900 16.724
201503 8.980 97.900 9.833
201506 13.830 98.400 15.067
201509 14.720 98.500 16.020
201512 17.320 98.100 18.927
201603 12.070 97.900 13.217
201606 16.050 98.100 17.539
201609 10.590 98.000 11.584
201612 16.540 98.400 18.019
201703 18.300 98.100 19.998
201706 23.850 98.500 25.957
201709 21.710 98.800 23.556
201712 24.880 99.400 26.832
201803 19.320 99.200 20.878
201806 22.930 99.200 24.779
201809 17.780 99.900 19.079
201812 16.310 99.700 17.537
201903 27.460 99.700 29.526
201906 15.160 99.800 16.284
201909 14.750 100.100 15.796
201912 15.490 100.500 16.523
202003 12.580 100.300 13.445
202006 10.700 99.900 11.482
202009 12.850 99.900 13.789
202012 19.210 99.300 20.738
202103 17.380 99.900 18.650
202106 37.190 99.500 40.068
202109 35.890 100.100 38.436
202112 31.800 100.100 34.056
202203 26.840 101.100 28.459
202206 37.130 101.800 39.100
202209 33.850 103.100 35.196
202212 29.440 104.100 30.317
202303 19.760 104.400 20.290
202306 21.410 105.200 21.817
202309 28.640 106.200 28.910
202312 29.260 106.800 29.370
202403 20.170 107.200 20.170

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.


MISUMI Group  (TSE:9962) 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.


MISUMI Group Shiller PE Ratio Related Terms

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MISUMI Group (TSE:9962) Business Description

Traded in Other Exchanges
Address
Koraku 2-chome, Bunkyo-ku, Iidabashi First Buiding, 5-1, TOKYO, Japan, JPN, 112-8583
MISUMI Group Inc is a Japanese manufacturer of components and parts used in automation processes. The group's three main businesses offer standardised components for automated equipment used in factory automation, die and mold parts used in the production of automobiles and electronic devices, and third-party branded products. The products include shafts, set collars, springs, gears, actuators, optical measurement devices, connectors, switches, cables, transformers, bores, wires, calipers, diamond cutting tools, punches, button dies, retainers, ejector pins, and taper pins.

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