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Marutai Co (FSE:2919) E10 : 円167.98 (As of Dec. 2023)


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What is Marutai 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.

Marutai Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円83.682. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円167.98 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Marutai Co's average E10 Growth Rate was 32.00% 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.

As of today (2024-06-09), Marutai Co's current stock price is 円3520.00. Marutai Co's E10 for the quarter that ended in Dec. 2023 was 円167.98. Marutai Co's Shiller PE Ratio of today is 20.95.

During the past 11 years, the highest Shiller PE Ratio of Marutai Co was 28.07. The lowest was 20.60. And the median was 25.13.


Marutai Co E10 Historical Data

The historical data trend for Marutai 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.

Marutai Co E10 Chart

Marutai 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 - - - - 128.66

Marutai 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 127.23 128.66 140.44 155.64 167.98

Competitive Comparison of Marutai Co's E10

For the Packaged Foods subindustry, Marutai 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.


Marutai Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marutai Co's Shiller PE Ratio distribution charts can be found below:

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



Marutai 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, Marutai 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)
=83.682/106.8000*106.8000
=83.682

Current CPI (Dec. 2023) = 106.8000.

Marutai Co Quarterly Data

per share eps CPI Adj_EPS
201403 -102.400 95.700 -114.277
201406 -67.300 98.000 -73.343
201409 -42.200 98.500 -45.756
201412 22.400 97.900 24.436
201503 -32.300 97.900 -35.236
201506 10.900 98.400 11.830
201509 33.750 98.500 36.594
201512 68.150 98.100 74.194
201603 42.800 97.900 46.691
201606 84.150 98.100 91.613
201609 22.003 98.000 23.979
201612 64.850 98.400 70.386
201703 42.490 98.100 46.258
201706 46.620 98.500 50.548
201709 22.890 98.800 24.743
201712 88.825 99.400 95.438
201803 35.090 99.200 37.778
201806 54.110 99.200 58.256
201809 40.530 99.900 43.329
201812 62.814 99.700 67.287
201903 18.880 99.700 20.225
201906 24.670 99.800 26.400
201909 39.620 100.100 42.272
201912 96.869 100.500 102.941
202003 53.410 100.300 56.871
202006 142.500 99.900 152.342
202009 28.240 99.900 30.191
202012 120.865 99.300 129.994
202103 42.870 99.900 45.831
202106 94.310 99.500 101.229
202109 74.166 100.100 79.130
202112 111.428 100.100 118.886
202203 -22.480 101.100 -23.747
202206 51.690 101.800 54.229
202209 35.190 103.100 36.453
202212 59.070 104.100 60.602
202303 -26.350 104.400 -26.956
202306 17.590 105.200 17.858
202309 36.370 106.200 36.575
202312 83.682 106.800 83.682

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


Marutai Co  (FSE:2919) 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.

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

Shiller PE Ratio=Share Price/E10
=3520.00/167.98
=20.95

* 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 11 years, the highest Shiller P/E Ratio of Marutai Co was 28.07. The lowest was 20.60. And the median was 25.13.


Be Aware

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


Marutai Co E10 Related Terms

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


Marutai Co (FSE:2919) Business Description

Traded in Other Exchanges
N/A
Address
Aomi 1042-1, Fukuoka Prefecture, Nishi-ku, Fukuoka, JPN, 819-0392
Marutai Co.,Ltd. is a Japanese firm engaged in the production of seasonings and confectionery. It manufactures and sells noodles. Its products include ramen bars, non-fried noodles, noodle bars, stick noodles, deep-fried yakisoba, tilde, cupcake, noodle dishes, and cups.

Marutai Co (FSE:2919) Headlines

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