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The Japan Steel Works (The Japan Steel Works) E10 : $0.29 (As of Dec. 2023)


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What is The Japan Steel Works 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.

The Japan Steel Works's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.198. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.29 for the trailing ten years ended in Dec. 2023.

During the past 12 months, The Japan Steel Works's average E10 Growth Rate was 35.10% per year. During the past 3 years, the average E10 Growth Rate was -2.90% per year. During the past 5 years, the average E10 Growth Rate was -4.90% 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 The Japan Steel Works was 18.20% per year. The lowest was -9.90% per year. And the median was -5.30% per year.

As of today (2024-04-27), The Japan Steel Works's current stock price is $11.95. The Japan Steel Works's E10 for the quarter that ended in Dec. 2023 was $0.29. The Japan Steel Works's Shiller PE Ratio of today is 41.21.

During the past 13 years, the highest Shiller PE Ratio of The Japan Steel Works was 67.49. The lowest was 11.45. And the median was 36.55.


The Japan Steel Works E10 Historical Data

The historical data trend for The Japan Steel Works'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.

The Japan Steel Works E10 Chart

The Japan Steel Works 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 0.41 0.35 0.30 0.24 0.26

The Japan Steel Works 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 0.22 0.26 0.25 0.28 0.29

Competitive Comparison of The Japan Steel Works's E10

For the Specialty Industrial Machinery subindustry, The Japan Steel Works'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.


The Japan Steel Works's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



The Japan Steel Works 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, The Japan Steel Works'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)
=0.198/106.8000*106.8000
=0.198

Current CPI (Dec. 2023) = 106.8000.

The Japan Steel Works Quarterly Data

per share eps CPI Adj_EPS
201403 0.068 95.700 0.076
201406 0.033 98.000 0.036
201409 -0.493 98.500 -0.535
201412 0.098 97.900 0.107
201503 0.016 97.900 0.017
201506 0.018 98.400 0.020
201509 0.159 98.500 0.172
201512 0.147 98.100 0.160
201603 -1.355 97.900 -1.478
201606 0.160 98.100 0.174
201609 0.176 98.000 0.192
201612 0.127 98.400 0.138
201703 -0.738 98.100 -0.803
201706 0.197 98.500 0.214
201709 0.269 98.800 0.291
201712 0.298 99.400 0.320
201803 -0.118 99.200 -0.127
201806 0.425 99.200 0.458
201809 0.308 99.900 0.329
201812 0.288 99.700 0.309
201903 0.201 99.700 0.215
201906 0.396 99.800 0.424
201909 -0.068 100.100 -0.073
201912 0.132 100.500 0.140
202003 0.125 100.300 0.133
202006 0.057 99.900 0.061
202009 0.172 99.900 0.184
202012 0.157 99.300 0.169
202103 0.058 99.900 0.062
202106 0.187 99.500 0.201
202109 0.227 100.100 0.242
202112 0.139 100.100 0.148
202203 0.281 101.100 0.297
202206 0.026 101.800 0.027
202209 0.059 103.100 0.061
202212 0.079 104.100 0.081
202303 0.440 104.400 0.450
202306 0.118 105.200 0.120
202309 0.106 106.200 0.107
202312 0.198 106.800 0.198

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


The Japan Steel Works  (OTCPK:JPSWY) 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.

The Japan Steel Works's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.95/0.29
=41.21

* 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 The Japan Steel Works was 67.49. The lowest was 11.45. And the median was 36.55.


Be Aware

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


The Japan Steel Works E10 Related Terms

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


The Japan Steel Works (The Japan Steel Works) Business Description

Traded in Other Exchanges
Address
Gate City Ohsaki-West Tower, 11-1, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-0032
The Japan Steel Works Ltd is a Japan-based company that primarily operates through two segments. The steel and energy products segment provides steel components for turbine shafts, steel components for nuclear reactors, steel casting for power plant turbines, oil refining equipment, high-pressure steel tankers, wind turbine systems, and various other steel products. The industrial machinery products segment offers polyolefin pelletizers, injection molding machines, extruders, film and sheet machines, blow molding machines, defense equipment, and other industrial machinery and related services and solutions. The company generates the majority of its sales from Japan and China.

The Japan Steel Works (The Japan Steel Works) Headlines