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SMC (STU:QMC) Shiller PE Ratio : 25.48 (As of Jan. 07, 2025)


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What is SMC Shiller PE Ratio?

As of today (2025-01-07), SMC's current share price is €374.00. SMC's E10 for the quarter that ended in Sep. 2024 was €14.68. SMC's Shiller PE Ratio for today is 25.48.

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

STU:QMC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 24.97   Med: 34.98   Max: 50.12
Current: 26.61

During the past years, SMC's highest Shiller PE Ratio was 50.12. The lowest was 24.97. And the median was 34.98.

STU:QMC's Shiller PE Ratio is ranked better than
52.9% of 1518 companies
in the Industrial Products industry
Industry Median: 28.3 vs STU:QMC: 26.61

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.

SMC's adjusted earnings per share data for the three months ended in Sep. 2024 was €2.899. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €14.68 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SMC Shiller PE Ratio Historical Data

The historical data trend for SMC'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.

SMC Shiller PE Ratio Chart

SMC 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 31.65 41.50 38.87 33.68 37.52

SMC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 30.64 34.06 37.52 32.88 27.24

Competitive Comparison of SMC's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, SMC'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.


SMC's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



SMC 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.

SMC's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=374.00/14.68
=25.48

* 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.

SMC's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, SMC's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=2.899/108.9000*108.9000
=2.899

Current CPI (Sep. 2024) = 108.9000.

SMC Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 3.218 97.900 3.580
201503 2.848 97.900 3.168
201506 3.289 98.400 3.640
201509 2.564 98.500 2.835
201512 2.775 98.100 3.081
201603 1.600 97.900 1.780
201606 3.125 98.100 3.469
201609 2.736 98.000 3.040
201612 5.175 98.400 5.727
201703 3.043 98.100 3.378
201706 4.322 98.500 4.778
201709 4.261 98.800 4.697
201712 4.450 99.400 4.875
201803 2.603 99.200 2.858
201806 4.841 99.200 5.314
201809 3.887 99.900 4.237
201812 3.804 99.700 4.155
201903 2.603 99.700 2.843
201906 3.296 99.800 3.597
201909 3.367 100.100 3.663
201912 3.602 100.500 3.903
202003 3.518 100.300 3.820
202006 2.880 99.900 3.139
202009 2.789 99.900 3.040
202012 3.715 99.300 4.074
202103 5.155 99.900 5.619
202106 5.244 99.500 5.739
202109 5.174 100.100 5.629
202112 5.736 100.100 6.240
202203 6.278 101.100 6.762
202206 8.149 101.800 8.717
202209 6.219 103.100 6.569
202212 4.364 104.100 4.565
202303 5.482 104.400 5.718
202306 5.279 105.200 5.465
202309 4.184 106.200 4.290
202312 4.205 106.800 4.288
202403 3.917 107.200 3.979
202406 4.469 108.200 4.498
202409 2.899 108.900 2.899

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.


SMC  (STU:QMC) 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.


SMC Shiller PE Ratio Related Terms

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


SMC Business Description

Traded in Other Exchanges
Address
4-14-1, Soto-Kanda, Chiyoda-ku, Tokyo, JPN, 101-0021
SMC Corp (domiciled in Japan) manufactures automatic control and filtration equipment. Its filters, valves, cylinders, and actuators are sold to customers in various industrial markets, and contribute to automated operations. The company has two reportable business segments: automatic control equipment (majority of total revenues), and others. SMC operates several production facilities, sales offices, and technical development centers to construct various components and streamline the process. Asia accounts for majority of total sales, but the company does utilize offices in the United States, Europe, and other regions of the world. It works to meet the rules and needs of foreign countries to ensure its products can be accepted in differentiated markets.

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