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Panasonic Holdings (Panasonic Holdings) E10 : $0.69 (As of Dec. 2023)


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What is Panasonic Holdings 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.

Panasonic Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.69 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Panasonic Holdings's average E10 Growth Rate was 22.70% 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 Panasonic Holdings was 60.00% per year. The lowest was -90.80% per year. And the median was -12.15% per year.

As of today (2024-05-01), Panasonic Holdings's current stock price is $8.6632. Panasonic Holdings's E10 for the quarter that ended in Dec. 2023 was $0.69. Panasonic Holdings's Shiller PE Ratio of today is 12.56.

During the past 13 years, the highest Shiller PE Ratio of Panasonic Holdings was 1105.00. The lowest was 12.51. And the median was 17.62.


Panasonic Holdings E10 Historical Data

The historical data trend for Panasonic Holdings'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.

Panasonic Holdings E10 Chart

Panasonic Holdings 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 -0.19 -0.06 -0.03 0.35 0.70

Panasonic Holdings 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 0.61 0.70 0.66 0.67 0.69

Competitive Comparison of Panasonic Holdings's E10

For the Consumer Electronics subindustry, Panasonic Holdings'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.


Panasonic Holdings's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Panasonic Holdings's Shiller PE Ratio distribution charts can be found below:

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



Panasonic Holdings 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, Panasonic Holdings'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)
=0.33/106.8000*106.8000
=0.330

Current CPI (Dec. 2023) = 106.8000.

Panasonic Holdings Quarterly Data

per share eps CPI Adj_EPS
201403 -0.518 95.700 -0.578
201406 0.161 98.000 0.175
201409 0.173 98.500 0.188
201412 0.216 97.900 0.236
201503 0.140 97.900 0.153
201506 0.208 98.400 0.226
201509 0.186 98.500 0.202
201512 0.173 98.100 0.188
201603 0.019 97.900 0.021
201606 0.119 98.100 0.130
201609 0.441 98.000 0.481
201612 0.238 98.400 0.258
201703 -0.184 98.100 -0.200
201706 0.188 98.500 0.204
201709 0.271 98.800 0.293
201712 0.308 99.400 0.331
201803 0.145 99.200 0.156
201806 0.223 99.200 0.240
201809 0.215 99.900 0.230
201812 0.230 99.700 0.246
201903 0.426 99.700 0.456
201906 0.197 99.800 0.211
201909 0.204 100.100 0.218
201912 0.303 100.500 0.322
202003 0.189 100.300 0.201
202006 -0.039 99.900 -0.042
202009 0.238 99.900 0.254
202012 0.335 99.300 0.360
202103 0.138 99.900 0.148
202106 0.298 99.500 0.320
202109 0.297 100.100 0.317
202112 0.160 100.100 0.171
202203 0.216 101.100 0.228
202206 0.157 101.800 0.165
202209 0.175 103.100 0.181
202212 0.176 104.100 0.181
202303 0.329 104.400 0.337
202306 0.609 105.200 0.618
202309 0.253 106.200 0.254
202312 0.330 106.800 0.330

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


Panasonic Holdings  (OTCPK:PCRFF) 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.

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

Shiller PE Ratio=Share Price/E10
=8.6632/0.69
=12.56

* 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 Panasonic Holdings was 1105.00. The lowest was 12.51. And the median was 17.62.


Be Aware

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


Panasonic Holdings E10 Related Terms

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


Panasonic Holdings (Panasonic Holdings) Business Description

Traded in Other Exchanges
Address
1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501
Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.

Panasonic Holdings (Panasonic Holdings) Headlines