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Japan Tobacco (WBO:JAT) Shiller PE Ratio : 17.37 (As of May. 24, 2024)


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What is Japan Tobacco Shiller PE Ratio?

As of today (2024-05-24), Japan Tobacco's current share price is €26.05. Japan Tobacco's E10 for the quarter that ended in Mar. 2024 was €1.50. Japan Tobacco's Shiller PE Ratio for today is 17.37.

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

WBO:JAT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.39   Med: 12.4   Max: 20.18
Current: 17.87

During the past years, Japan Tobacco's highest Shiller PE Ratio was 20.18. The lowest was 8.39. And the median was 12.40.

WBO:JAT's Shiller PE Ratio is ranked worse than
73.08% of 26 companies
in the Tobacco Products industry
Industry Median: 12.755 vs WBO:JAT: 17.87

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.

Japan Tobacco's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.544. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Japan Tobacco Shiller PE Ratio Historical Data

The historical data trend for Japan Tobacco'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.

Japan Tobacco Shiller PE Ratio Chart

Japan Tobacco Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.56 9.69 10.52 11.34 15.11

Japan Tobacco 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 11.72 13.00 14.03 15.11 16.42

Competitive Comparison of Japan Tobacco's Shiller PE Ratio

For the Tobacco subindustry, Japan Tobacco'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.


Japan Tobacco's Shiller PE Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Japan Tobacco's Shiller PE Ratio distribution charts can be found below:

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



Japan Tobacco 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.

Japan Tobacco's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=26.05/1.5
=17.37

* 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.

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

For example, Japan Tobacco'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)
=0.544/107.2000*107.2000
=0.544

Current CPI (Mar. 2024) = 107.2000.

Japan Tobacco Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.421 98.000 0.461
201409 0.449 98.500 0.489
201412 0.537 97.900 0.588
201503 0.442 97.900 0.484
201506 0.431 98.400 0.470
201509 0.798 98.500 0.868
201512 0.343 98.100 0.375
201603 0.645 97.900 0.706
201606 0.479 98.100 0.523
201609 0.503 98.000 0.550
201612 0.327 98.400 0.356
201703 0.481 98.100 0.526
201706 0.538 98.500 0.586
201709 0.457 98.800 0.496
201712 0.245 99.400 0.264
201803 0.444 99.200 0.480
201806 0.486 99.200 0.525
201809 0.497 99.900 0.533
201812 0.232 99.700 0.249
201903 0.539 99.700 0.580
201906 0.487 99.800 0.523
201909 0.427 100.100 0.457
201912 0.149 100.500 0.159
202003 0.409 100.300 0.437
202006 0.401 99.900 0.430
202009 0.387 99.900 0.415
202012 0.233 99.300 0.252
202103 0.495 99.900 0.531
202106 0.473 99.500 0.510
202109 0.494 100.100 0.529
202112 -0.001 100.100 -0.001
202203 0.535 101.100 0.567
202206 0.557 101.800 0.587
202209 0.555 103.100 0.577
202212 0.153 104.100 0.158
202303 0.569 104.400 0.584
202306 0.523 105.200 0.533
202309 0.553 106.200 0.558
202312 0.144 106.800 0.145
202403 0.544 107.200 0.544

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.


Japan Tobacco  (WBO:JAT) 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.


Japan Tobacco Shiller PE Ratio Related Terms

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Japan Tobacco (WBO:JAT) Business Description

Traded in Other Exchanges
Address
2-1, Toranomon 2-chome, Minato-ku, Tokyo, JPN, 105-8422
Japan Tobacco is the third-largest tobacco company globally. It owns a rich brand portfolio including Winston (non-U.S.), Camel (non-U.S.), and Mevius, and holds leading shares in many core markets including Japan, Russia, and the U.K. It has added Logic as a vaping brand and Ploom heated tobacco lines into its reduced-risk-product portfolio. The tobacco business contributes 90% of group sales and nearly all profits, with more than half generated by the overseas tobacco operations. JTI was created through the acquisition of R.J. Reynolds' non-U.S. operations in 1999 and further expanded through multiple acquisitions, of which the purchase of Gallaher in 2007 was the most notable, doubling JTI's sales. Pharmaceutical and processed food operations are the other businesses.

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