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Toho Co (FRA:TOH) E10 : €1.11 (As of Feb. 2024)


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What is Toho 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.

Toho Co's adjusted earnings per share data for the three months ended in Feb. 2024 was €0.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.11 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Toho Co's average E10 Growth Rate was 12.30% per year. During the past 3 years, the average E10 Growth Rate was 10.40% per year. During the past 5 years, the average E10 Growth Rate was 8.50% 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 Toho Co was 19.50% per year. The lowest was 6.50% per year. And the median was 9.20% per year.

As of today (2024-06-02), Toho Co's current stock price is €29.00. Toho Co's E10 for the quarter that ended in Feb. 2024 was €1.11. Toho Co's Shiller PE Ratio of today is 26.13.

During the past 13 years, the highest Shiller PE Ratio of Toho Co was 49.05. The lowest was 23.42. And the median was 33.45.


Toho Co E10 Historical Data

The historical data trend for Toho 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.

Toho Co E10 Chart

Toho Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 1.02 1.11 1.08 1.11

Toho Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.08 1.09 1.06 1.08 1.11

Competitive Comparison of Toho Co's E10

For the Entertainment subindustry, Toho 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.


Toho Co's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Toho Co's Shiller PE Ratio distribution charts can be found below:

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



Toho 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, Toho Co's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.6/106.9000*106.9000
=0.600

Current CPI (Feb. 2024) = 106.9000.

Toho Co Quarterly Data

per share eps CPI Adj_EPS
201405 0.330 98.100 0.360
201408 0.213 98.300 0.232
201411 0.116 97.900 0.127
201502 0.218 97.600 0.239
201505 0.299 98.700 0.324
201508 0.331 98.400 0.360
201511 0.209 98.100 0.228
201602 0.213 97.800 0.233
201605 0.387 98.200 0.421
201608 0.378 97.900 0.413
201611 0.539 98.600 0.584
201702 0.234 98.100 0.255
201705 0.543 98.600 0.589
201708 0.457 98.500 0.496
201711 0.224 99.100 0.242
201802 0.222 99.500 0.239
201805 0.347 99.300 0.374
201808 0.380 99.800 0.407
201811 0.301 100.000 0.322
201902 0.283 99.700 0.303
201905 0.498 100.000 0.532
201908 0.560 100.000 0.599
201911 0.305 100.500 0.324
202002 0.331 100.300 0.353
202005 0.010 100.100 0.011
202008 0.160 100.100 0.171
202011 0.338 99.500 0.363
202102 0.151 99.800 0.162
202105 0.284 99.400 0.305
202108 0.368 99.700 0.395
202111 0.221 100.100 0.236
202202 0.407 100.700 0.432
202205 0.479 101.800 0.503
202208 0.416 102.700 0.433
202211 0.220 103.900 0.226
202302 0.253 104.000 0.260
202305 0.473 105.100 0.481
202308 0.343 105.900 0.346
202311 0.235 106.900 0.235
202402 0.600 106.900 0.600

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


Toho Co  (FRA:TOH) 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.

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

Shiller PE Ratio=Share Price/E10
=29.00/1.11
=26.13

* 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 Toho Co was 49.05. The lowest was 23.42. And the median was 33.45.


Be Aware

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


Toho Co E10 Related Terms

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


Toho Co (FRA:TOH) Business Description

Traded in Other Exchanges
Address
1-2-2 Yurakucho Chiyoda-ku, Tokyo, JPN, 100-8415
Toho is a diversified media company, with interests in the film and theater businesses. The company operates through three primary business segments: movie, theater, and real estate. The movie segment generates the vast majority of its revenue and is involved in the production and distribution of feature films. The theater segment is involved in planning, producing, and performing stage productions. The corporate real estate segment leases land and buildings. The company generates the vast majority of its revenue in Japan.

Toho Co (FRA:TOH) Headlines

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