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NTT DOCOMO (NTT DOCOMO) E10 : $1.46 (As of Sep. 2020)


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What is NTT DOCOMO 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.

NTT DOCOMO's adjusted earnings per share data for the three months ended in Sep. 2020 was $0.575. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.46 for the trailing ten years ended in Sep. 2020.

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 (2024-05-23), NTT DOCOMO's current stock price is $37.45. NTT DOCOMO's E10 for the quarter that ended in Sep. 2020 was $1.46. NTT DOCOMO's Shiller PE Ratio of today is 25.65.


NTT DOCOMO E10 Historical Data

The historical data trend for NTT DOCOMO'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.

NTT DOCOMO E10 Chart

NTT DOCOMO Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.16 1.26 1.32 1.31

NTT DOCOMO Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 1.38 1.37 1.31 1.41 1.46

Competitive Comparison of NTT DOCOMO's E10

For the Telecom Services subindustry, NTT DOCOMO'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.


NTT DOCOMO's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, NTT DOCOMO's Shiller PE Ratio distribution charts can be found below:

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



NTT DOCOMO 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, NTT DOCOMO's adjusted earnings per share data for the three months ended in Sep. 2020 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=0.575/99.9000*99.9000
=0.575

Current CPI (Sep. 2020) = 99.9000.

NTT DOCOMO Quarterly Data

per share eps CPI Adj_EPS
201012 0.387 94.500 0.409
201103 0.138 94.600 0.146
201106 0.476 94.600 0.503
201109 0.440 94.700 0.464
201112 0.296 94.300 0.314
201203 0.203 95.100 0.213
201206 0.500 94.400 0.529
201209 0.375 94.400 0.397
201212 0.376 94.100 0.399
201303 0.190 94.200 0.201
201306 0.392 94.600 0.414
201309 0.346 95.400 0.362
201312 0.303 95.600 0.317
201403 0.081 95.700 0.085
201406 0.322 98.000 0.328
201409 0.277 98.500 0.281
201412 0.259 97.900 0.264
201503 0.066 97.900 0.067
201506 0.351 98.400 0.356
201509 0.318 98.500 0.323
201512 0.371 98.100 0.378
201603 0.128 97.900 0.131
201606 0.523 98.100 0.533
201609 0.523 98.000 0.533
201612 0.427 98.400 0.434
201703 0.153 98.100 0.156
201706 0.486 98.500 0.493
201709 0.448 98.800 0.453
201712 0.730 99.400 0.734
201803 0.245 99.200 0.247
201806 0.552 99.200 0.556
201809 0.469 99.900 0.469
201812 0.497 99.700 0.498
201903 0.158 99.700 0.158
201906 0.534 99.800 0.535
201909 0.507 100.100 0.506
201912 0.476 100.500 0.473
202003 0.145 100.300 0.144
202006 0.562 99.900 0.562
202009 0.575 99.900 0.575

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


NTT DOCOMO  (OTCPK:NTDMF) 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.

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

Shiller PE Ratio=Share Price/E10
=37.45/1.46
=25.65

* 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.


Be Aware

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


NTT DOCOMO E10 Related Terms

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


NTT DOCOMO (NTT DOCOMO) Business Description

Traded in Other Exchanges
N/A
Address
Sanno Park Tower, 11-1, Nagata-cho 2-chome, Chiyoda-ku, Tokyo, JPN, 100-6150
NTT DoCoMo is Japan's largest wireless telephone operator. It has 78 million subscribers, leading to its market share of approximately 44%. The firm has been a technological leader, introducing wireless Internet access through its i-mode service in 1999, along with the ability to use a handset like a credit card. NTT DoCoMo also owns minority stakes in Philippine Long Distance Telephone, Hutchison Telecom Hong Kong Holdings, and other smaller phone companies. The firm's objective is to have the highest-quality network and customer service in Japan.

NTT DOCOMO (NTT DOCOMO) Headlines

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