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Tokio Marine Holdings (Tokio Marine Holdings) E10 : $1.09 (As of Dec. 2023)


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What is Tokio Marine 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.

Tokio Marine Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.097. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.09 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Tokio Marine Holdings's average E10 Growth Rate was 19.10% per year. During the past 3 years, the average E10 Growth Rate was 13.60% per year. During the past 5 years, the average E10 Growth Rate was 18.50% 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 Tokio Marine Holdings was 23.90% per year. The lowest was -3.00% per year. And the median was 11.70% per year.

As of today (2024-04-27), Tokio Marine Holdings's current stock price is $31.57. Tokio Marine Holdings's E10 for the quarter that ended in Dec. 2023 was $1.09. Tokio Marine Holdings's Shiller PE Ratio of today is 28.96.

During the past 13 years, the highest Shiller PE Ratio of Tokio Marine Holdings was 37.18. The lowest was 9.19. And the median was 21.03.


Tokio Marine Holdings E10 Historical Data

The historical data trend for Tokio Marine 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.

Tokio Marine Holdings E10 Chart

Tokio Marine 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 0.76 0.84 0.86 0.95 1.01

Tokio Marine 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 0.99 1.01 0.96 0.95 1.09

Competitive Comparison of Tokio Marine Holdings's E10

For the Insurance - Property & Casualty subindustry, Tokio Marine 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.


Tokio Marine Holdings's Shiller PE Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Tokio Marine Holdings's Shiller PE Ratio distribution charts can be found below:

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



Tokio Marine 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, Tokio Marine 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)
=1.097/106.8000*106.8000
=1.097

Current CPI (Dec. 2023) = 106.8000.

Tokio Marine Holdings Quarterly Data

per share eps CPI Adj_EPS
201403 0.144 95.700 0.161
201406 0.376 98.000 0.410
201409 0.220 98.500 0.239
201412 0.260 97.900 0.284
201503 0.124 97.900 0.135
201506 0.319 98.400 0.346
201509 -0.014 98.500 -0.015
201512 0.346 98.100 0.377
201603 0.288 97.900 0.314
201606 0.407 98.100 0.443
201609 0.252 98.000 0.275
201612 0.278 98.400 0.302
201703 0.180 98.100 0.196
201706 0.353 98.500 0.383
201709 -0.045 98.800 -0.049
201712 0.327 99.400 0.351
201803 0.532 99.200 0.573
201806 0.425 99.200 0.458
201809 -0.195 99.900 -0.208
201812 0.693 99.700 0.742
201903 0.225 99.700 0.241
201906 0.492 99.800 0.527
201909 0.018 100.100 0.019
201912 0.478 100.500 0.508
202003 0.147 100.300 0.157
202006 0.440 99.900 0.470
202009 -0.167 99.900 -0.179
202012 0.232 99.300 0.250
202103 0.216 99.900 0.231
202106 0.697 99.500 0.748
202109 0.483 100.100 0.515
202112 0.450 100.100 0.480
202203 0.195 101.100 0.206
202206 0.478 101.800 0.501
202209 -0.109 103.100 -0.113
202212 0.695 104.100 0.713
202303 0.337 104.400 0.345
202306 0.455 105.200 0.462
202309 0.264 106.200 0.265
202312 1.097 106.800 1.097

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


Tokio Marine Holdings  (OTCPK:TKOMY) 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.

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

Shiller PE Ratio=Share Price/E10
=31.57/1.09
=28.96

* 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 Tokio Marine Holdings was 37.18. The lowest was 9.19. And the median was 21.03.


Be Aware

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


Tokio Marine Holdings E10 Related Terms

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


Tokio Marine Holdings (Tokio Marine Holdings) Business Description

Traded in Other Exchanges
Address
Tokio Marine Nichido Building Shinkan, 2-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Dating back to 1879, Tokio Marine is Japan's oldest insurance company and was its top property and casualty insurer in terms of market share for many decades. After mergers of its smaller rivals in the past few years, the company is now roughly the same size in the domestic nonlife market as MS&AD and Sompo Holdings, but it remains the most valuable listed Japanese insurer in terms of market capitalization due to its larger overseas business portfolio. The majority of its overseas business is in the U.S., where it has purchased four specialty insurers since 2008: Philadelphia Consolidated, Delphi Financial, HCC, and PURE. It is a member of the Mitsubishi keiretsu group and holds minority stakes in a number of group companies that also rank among its shareholders.

Tokio Marine Holdings (Tokio Marine Holdings) Headlines

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