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Citizen Watch Co (Citizen Watch Co) E10 : $1.39 (As of Dec. 2023)


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What is Citizen Watch Co E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Citizen Watch Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.039. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.39 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Citizen Watch Co's average E10 Growth Rate was 42.50% per year. During the past 3 years, the average E10 Growth Rate was 7.30% per year. During the past 5 years, the average E10 Growth Rate was -0.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Citizen Watch Co was 121.60% per year. The lowest was -12.70% per year. And the median was -1.95% per year.

As of today (2024-04-29), Citizen Watch Co's current stock price is $30.65. Citizen Watch Co's E10 for the quarter that ended in Dec. 2023 was $1.39. Citizen Watch Co's Shiller PE Ratio of today is 22.05.

During the past 13 years, the highest Shiller PE Ratio of Citizen Watch Co was 312.50. The lowest was 9.18. And the median was 24.15.


Citizen Watch Co E10 Historical Data

The historical data trend for Citizen Watch Co's E10 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.

Citizen Watch Co E10 Chart

Citizen Watch Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.43 0.81 0.82 1.31

Citizen Watch Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
E10 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 1.02 1.31 1.19 1.18 1.39

Competitive Comparison of Citizen Watch Co's E10

For the Conglomerates subindustry, Citizen Watch Co'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.


Citizen Watch Co's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Citizen Watch Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Citizen Watch Co's Shiller PE Ratio falls into.



Citizen Watch Co E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Citizen Watch Co'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)
=1.039/106.8000*106.8000
=1.039

Current CPI (Dec. 2023) = 106.8000.

Citizen Watch Co Quarterly Data

per share eps CPI Adj_EPS
201403 0.634 95.700 0.708
201406 0.542 98.000 0.591
201409 0.901 98.500 0.977
201412 1.006 97.900 1.097
201503 -0.008 97.900 -0.009
201506 0.648 98.400 0.703
201509 0.650 98.500 0.705
201512 1.018 98.100 1.108
201603 -0.699 97.900 -0.763
201606 0.345 98.100 0.376
201609 0.453 98.000 0.494
201612 0.877 98.400 0.952
201703 0.675 98.100 0.735
201706 0.376 98.500 0.408
201709 0.790 98.800 0.854
201712 1.076 99.400 1.156
201803 0.495 99.200 0.533
201806 0.560 99.200 0.603
201809 0.624 99.900 0.667
201812 0.841 99.700 0.901
201903 -0.144 99.700 -0.154
201906 0.133 99.800 0.142
201909 0.396 100.100 0.423
201912 0.501 100.500 0.532
202003 -3.519 100.300 -3.747
202006 -1.004 99.900 -1.073
202009 -2.235 99.900 -2.389
202012 -0.062 99.300 -0.067
202103 -0.479 99.900 -0.512
202106 0.638 99.500 0.685
202109 0.794 100.100 0.847
202112 1.030 100.100 1.099
202203 0.689 101.100 0.728
202206 0.923 101.800 0.968
202209 0.643 103.100 0.666
202212 0.894 104.100 0.917
202303 0.299 104.400 0.306
202306 0.890 105.200 0.904
202309 0.984 106.200 0.990
202312 1.039 106.800 1.039

Add all the adjusted EPS together and divide 10 will get our e10.


Citizen Watch Co  (OTCPK:CHCLY) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Citizen Watch Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=30.65/1.39
=22.05

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Citizen Watch Co was 312.50. The lowest was 9.18. And the median was 24.15.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Citizen Watch Co E10 Related Terms

Thank you for viewing the detailed overview of Citizen Watch Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Citizen Watch Co (Citizen Watch Co) Business Description

Traded in Other Exchanges
Address
6-1-12, Tanashi-cho, Nishi Tokyo-shi, Tokyo, JPN, 188-8511
Citizen Watch Co Ltd primarily manufactures watches, machine tools, devices, and electronic products that it sells worldwide. Its watches and clocks segment contributes more than half of the company's revenue and includes brands such as Citizen, Bulova, xC, Q&Q, and Attesa. Machine Tools, which consists mostly of automatic lathes, and Devices, which consists largely of auto parts, switches, Chip LEDs, micro LCDs, and quartz crystals, each comprise roughly 15%-20% of total revenue. Electronic Products, which includes printers, health care equipment, and calculators, and Other Products collectively account for the remaining revenue. Japan and Asia (excluding Japan) each account for roughly a third of the company's total sales. Most of the remaining sales are from America and Europe.

Citizen Watch Co (Citizen Watch Co) Headlines

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