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JSR (JSCPY) E10 : $0.61 (As of Dec. 2023)


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What is JSR 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.

JSR's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.251. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.61 for the trailing ten years ended in Dec. 2023.

During the past 12 months, JSR's average E10 Growth Rate was -10.80% per year. During the past 3 years, the average E10 Growth Rate was -10.10% per year. During the past 5 years, the average E10 Growth Rate was -6.90% 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 JSR was -7.80% per year. The lowest was -10.10% per year. And the median was -10.10% per year.

As of today (2024-04-30), JSR's current stock price is $27.94. JSR's E10 for the quarter that ended in Dec. 2023 was $0.61. JSR's Shiller PE Ratio of today is 45.80.

During the past 13 years, the highest Shiller PE Ratio of JSR was 50.31. The lowest was 12.22. And the median was 26.43.


JSR E10 Historical Data

The historical data trend for JSR'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.

JSR E10 Chart

JSR 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 1.09 1.14 0.79 0.77 0.68

JSR 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 0.73 0.68 0.60 0.57 0.61

Competitive Comparison of JSR's E10

For the Specialty Chemicals subindustry, JSR'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.


JSR's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, JSR's Shiller PE Ratio distribution charts can be found below:

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



JSR 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, JSR'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)
=0.251/106.8000*106.8000
=0.251

Current CPI (Dec. 2023) = 106.8000.

JSR Quarterly Data

per share eps CPI Adj_EPS
201403 0.218 95.700 0.243
201406 0.223 98.000 0.243
201409 0.302 98.500 0.327
201412 0.359 97.900 0.392
201503 0.249 97.900 0.272
201506 0.173 98.400 0.188
201509 0.275 98.500 0.298
201512 0.263 98.100 0.286
201603 0.169 97.900 0.184
201606 0.212 98.100 0.231
201609 0.290 98.000 0.316
201612 0.410 98.400 0.445
201703 0.315 98.100 0.343
201706 0.382 98.500 0.414
201709 0.345 98.800 0.373
201712 0.384 99.400 0.413
201803 0.235 99.200 0.253
201806 0.364 99.200 0.392
201809 0.312 99.900 0.334
201812 0.444 99.700 0.476
201903 0.139 99.700 0.149
201906 0.307 99.800 0.329
201909 0.265 100.100 0.283
201912 0.233 100.500 0.248
202003 0.159 100.300 0.169
202006 0.049 99.900 0.052
202009 -0.080 99.900 -0.086
202012 0.329 99.300 0.354
202103 -2.648 99.900 -2.831
202106 0.344 99.500 0.369
202109 0.395 100.100 0.421
202112 0.727 100.100 0.776
202203 0.076 101.100 0.080
202206 0.202 101.800 0.212
202209 0.303 103.100 0.314
202212 0.173 104.100 0.177
202303 -0.136 104.400 -0.139
202306 -0.088 105.200 -0.089
202309 0.014 106.200 0.014
202312 0.251 106.800 0.251

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


JSR  (OTCPK:JSCPY) 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.

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

Shiller PE Ratio=Share Price/E10
=27.94/0.61
=45.80

* 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 JSR was 50.31. The lowest was 12.22. And the median was 26.43.


Be Aware

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


JSR E10 Related Terms

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


JSR (JSCPY) Business Description

Traded in Other Exchanges
Address
1-9-2 Higashi-Shimbashi, Shiodome Sumitomo Building, 22nd Floor, Minato-ku, Tokyo, JPN, 105-8640
JSR Group has four reportable segments, digital solutions, life sciences, elastomers, and plastics. Semiconductor materials and life sciences are the growth drivers for the company, while elastomers produces the greatest amount of revenue. Elastomers consists of synthetic rubbers, thermoplastic elastomers, and emulsions. Plastics includes synthetic resins including ABS resins, AES resins, among others. Digital solutions consists of semiconductor materials, display materials, and edge computing, whereas the life sciences business covers research and diagnostic reagents, bioprocess materials, and contract services.

JSR (JSCPY) Headlines

From GuruFocus

Q1 2024 JSR Corp Earnings Presentation Transcript

By GuruFocus Research 02-14-2024