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Ricoh Co (LSE:RICO) E10 : 円29.89 (As of Mar. 2024)


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What is Ricoh 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.

Ricoh Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円22.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円29.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ricoh Co's average E10 Growth Rate was -9.40% per year. During the past 3 years, the average E10 Growth Rate was 19.20% per year. During the past 5 years, the average E10 Growth Rate was 7.70% per year. During the past 10 years, the average E10 Growth Rate was -12.60% 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 Ricoh Co was 19.20% per year. The lowest was -33.60% per year. And the median was -12.50% per year.

As of today (2024-06-05), Ricoh Co's current stock price is 円1403.50. Ricoh Co's E10 for the quarter that ended in Mar. 2024 was 円29.89. Ricoh Co's Shiller PE Ratio of today is 46.96.

During the past 13 years, the highest Shiller PE Ratio of Ricoh Co was 82.94. The lowest was 10.83. And the median was 32.64.


Ricoh Co E10 Historical Data

The historical data trend for Ricoh 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.

Ricoh Co E10 Chart

Ricoh Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.42 17.61 28.88 32.94 29.89

Ricoh Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 32.94 33.07 31.73 31.55 29.89

Competitive Comparison of Ricoh Co's E10

For the Business Equipment & Supplies subindustry, Ricoh 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.


Ricoh Co's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=22.86/107.2000*107.2000
=22.860

Current CPI (Mar. 2024) = 107.2000.

Ricoh Co Quarterly Data

per share eps CPI Adj_EPS
201406 20.800 98.000 22.753
201409 26.070 98.500 28.373
201412 25.340 97.900 27.747
201503 22.360 97.900 24.484
201506 17.910 98.400 19.512
201509 29.740 98.500 32.367
201512 23.280 98.100 25.440
201603 15.940 97.900 17.454
201606 6.580 98.100 7.190
201609 0.320 98.000 0.350
201612 -1.230 98.400 -1.340
201703 -0.870 98.100 -0.951
201706 14.890 98.500 16.205
201709 -8.650 98.800 -9.385
201712 17.669 99.400 19.056
201803 -210.668 99.200 -227.657
201806 12.810 99.200 13.843
201809 36.920 99.900 39.618
201812 20.130 99.700 21.644
201903 -1.530 99.700 -1.645
201906 21.550 99.800 23.148
201909 18.810 100.100 20.144
201912 16.860 100.500 17.984
202003 -2.650 100.300 -2.832
202006 -25.760 99.900 -27.642
202009 -4.880 99.900 -5.237
202012 -0.380 99.300 -0.410
202103 -14.180 99.900 -15.216
202106 6.770 99.500 7.294
202109 9.340 100.100 10.002
202112 18.430 100.100 19.737
202203 11.280 101.100 11.961
202206 11.980 101.800 12.615
202209 11.890 103.100 12.363
202212 20.560 104.100 21.172
202303 43.820 104.400 44.995
202306 14.430 105.200 14.704
202309 11.190 106.200 11.295
202312 24.060 106.800 24.150
202403 22.860 107.200 22.860

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


Ricoh Co  (LSE:RICO) 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.

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

Shiller PE Ratio=Share Price/E10
=1403.50/29.89
=46.96

* 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 Ricoh Co was 82.94. The lowest was 10.83. And the median was 32.64.


Be Aware

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


Ricoh Co E10 Related Terms

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


Ricoh Co (LSE:RICO) Business Description

Traded in Other Exchanges
Address
3-6, Nakamagome 1-chome, Ohta-ku, Tokyo, JPN, 143-8555
Ricoh Co Ltd provides products, services, and solutions in offices and other environments. The company's Imaging and Solutions segment is engaged in office imaging, production printing, and network system solutions. Industrial Products segment manufactures and sales of thermal media, optical equipment, semiconductors, electronic component and the Inkjet head. Its Other segment is engaged in manufacturing and sales of digital cameras, financing business and logistics services provided by the company's subsidiaries. The company's revenue is majorly derived from Japan.