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Kawasaki Heavy Industries (Kawasaki Heavy Industries) E10 : $0.45 (As of Dec. 2023)


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What is Kawasaki Heavy Industries 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.

Kawasaki Heavy Industries's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.164. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.45 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kawasaki Heavy Industries's average E10 Growth Rate was -14.20% per year. During the past 3 years, the average E10 Growth Rate was -3.00% per year. During the past 5 years, the average E10 Growth Rate was 0.10% 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 Kawasaki Heavy Industries was 10.10% per year. The lowest was -3.00% per year. And the median was 0.70% per year.

As of today (2024-04-29), Kawasaki Heavy Industries's current stock price is $12.27. Kawasaki Heavy Industries's E10 for the quarter that ended in Dec. 2023 was $0.45. Kawasaki Heavy Industries's Shiller PE Ratio of today is 27.27.

During the past 13 years, the highest Shiller PE Ratio of Kawasaki Heavy Industries was 55.46. The lowest was 6.94. And the median was 17.00.


Kawasaki Heavy Industries E10 Historical Data

The historical data trend for Kawasaki Heavy Industries'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.

Kawasaki Heavy Industries E10 Chart

Kawasaki Heavy Industries 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 0.63 0.75 0.61 0.54 0.55

Kawasaki Heavy Industries 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 0.55 0.55 0.51 0.43 0.45

Competitive Comparison of Kawasaki Heavy Industries's E10

For the Specialty Industrial Machinery subindustry, Kawasaki Heavy Industries'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.


Kawasaki Heavy Industries's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kawasaki Heavy Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kawasaki Heavy Industries's Shiller PE Ratio falls into.



Kawasaki Heavy Industries 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, Kawasaki Heavy Industries'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)
=0.164/106.8000*106.8000
=0.164

Current CPI (Dec. 2023) = 106.8000.

Kawasaki Heavy Industries Quarterly Data

per share eps CPI Adj_EPS
201403 0.358 95.700 0.400
201406 0.127 98.000 0.138
201409 0.284 98.500 0.308
201412 0.536 97.900 0.585
201503 0.133 97.900 0.145
201506 0.145 98.400 0.157
201509 0.386 98.500 0.419
201512 0.053 98.100 0.058
201603 0.349 97.900 0.381
201606 0.109 98.100 0.119
201609 -0.119 98.000 -0.130
201612 0.376 98.400 0.408
201703 0.175 98.100 0.191
201706 0.071 98.500 0.077
201709 0.164 98.800 0.177
201712 0.078 99.400 0.084
201803 0.325 99.200 0.350
201806 0.056 99.200 0.060
201809 -0.131 99.900 -0.140
201812 0.320 99.700 0.343
201903 0.346 99.700 0.371
201906 -0.183 99.800 -0.196
201909 0.101 100.100 0.108
201912 0.186 100.500 0.198
202003 0.309 100.300 0.329
202006 -0.262 99.900 -0.280
202009 -0.351 99.900 -0.375
202012 0.307 99.300 0.330
202103 -0.118 99.900 -0.126
202106 0.249 99.500 0.267
202109 -0.092 100.100 -0.098
202112 0.085 100.100 0.091
202203 0.028 101.100 0.030
202206 0.097 101.800 0.102
202209 0.305 103.100 0.316
202212 0.509 104.100 0.522
202303 0.009 104.400 0.009
202306 0.154 105.200 0.156
202309 -0.524 106.200 -0.527
202312 0.164 106.800 0.164

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


Kawasaki Heavy Industries  (OTCPK:KWHIY) 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.

Kawasaki Heavy Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=12.27/0.45
=27.27

* 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 Kawasaki Heavy Industries was 55.46. The lowest was 6.94. And the median was 17.00.


Be Aware

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


Kawasaki Heavy Industries E10 Related Terms

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


Kawasaki Heavy Industries (Kawasaki Heavy Industries) Business Description

Traded in Other Exchanges
Address
Kobe Crystal Tower, 1-3, Higashikawasaki-cho 1-chome, Chuo-ku, Kobe, JPN, 650-8680
Kawasaki Heavy Industries Ltd is a diversified industrial company serving land, sea, and air markets. It produces heavy machinery, including multiple land vehicles, large tankers, submarines, energy systems, and aerospace equipment. In addition, the company works to produce environmental plants, industrial plants, precision machinery, robots, and infrastructure equipment. One aspect of the company focuses on manufacturing motorcycles under its well-known Kawasaki brand. Another focus and revenue generator is the division geared towards manufacturing commercial aircraft and jet engines. Sales generated in Asia account for the majority of total revenue, but the company does have a presence in the Americas and Europe.