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Bourbon (TSE:2208) E10 : 円122.78 (As of Mar. 2024)


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What is Bourbon 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.

Bourbon's adjusted earnings per share data for the three months ended in Mar. 2024 was 円60.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円122.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bourbon's average E10 Growth Rate was 12.70% per year. During the past 3 years, the average E10 Growth Rate was 10.20% per year. During the past 5 years, the average E10 Growth Rate was 8.60% 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 Bourbon was 12.10% per year. The lowest was 7.50% per year. And the median was 9.75% per year.

As of today (2024-06-14), Bourbon's current stock price is 円2301.00. Bourbon's E10 for the quarter that ended in Mar. 2024 was 円122.78. Bourbon's Shiller PE Ratio of today is 18.74.

During the past 13 years, the highest Shiller PE Ratio of Bourbon was 47.74. The lowest was 18.72. And the median was 21.66.


Bourbon E10 Historical Data

The historical data trend for Bourbon'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.

Bourbon E10 Chart

Bourbon 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 83.47 91.81 103.25 108.92 122.78

Bourbon 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 108.92 108.80 111.92 113.06 122.78

Competitive Comparison of Bourbon's E10

For the Confectioners subindustry, Bourbon'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.


Bourbon's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bourbon's Shiller PE Ratio distribution charts can be found below:

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



Bourbon 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, Bourbon'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)
=60.93/107.2000*107.2000
=60.930

Current CPI (Mar. 2024) = 107.2000.

Bourbon Quarterly Data

per share eps CPI Adj_EPS
201406 18.580 98.000 20.324
201409 -5.790 98.500 -6.301
201412 50.840 97.900 55.670
201503 17.430 97.900 19.086
201506 22.550 98.400 24.567
201509 -4.330 98.500 -4.712
201512 66.273 98.100 72.421
201603 23.184 97.900 25.386
201606 35.500 98.100 38.793
201609 -0.320 98.000 -0.350
201612 75.297 98.400 82.031
201703 41.530 98.100 45.382
201706 32.430 98.500 35.294
201709 5.070 98.800 5.501
201712 63.144 99.400 68.099
201803 51.573 99.200 55.732
201806 45.680 99.200 49.364
201809 -2.789 99.900 -2.993
201812 51.300 99.700 55.159
201903 35.547 99.700 38.221
201906 13.250 99.800 14.232
201909 -19.800 100.100 -21.204
201912 47.618 100.500 50.793
202003 36.962 100.300 39.505
202006 24.580 99.900 26.376
202009 -1.332 99.900 -1.429
202012 63.410 99.300 68.455
202103 45.160 99.900 48.460
202106 45.200 99.500 48.698
202109 12.240 100.100 13.108
202112 45.579 100.100 48.812
202203 37.420 101.100 39.678
202206 23.980 101.800 25.252
202209 -18.898 103.100 -19.650
202212 14.840 104.100 15.282
202303 25.680 104.400 26.369
202306 22.210 105.200 22.632
202309 -3.122 106.200 -3.151
202312 47.820 106.800 47.999
202403 60.930 107.200 60.930

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


Bourbon  (TSE:2208) 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.

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

Shiller PE Ratio=Share Price/E10
=2301.00/122.78
=18.74

* 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 Bourbon was 47.74. The lowest was 18.72. And the median was 21.66.


Be Aware

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


Bourbon E10 Related Terms

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


Bourbon (TSE:2208) Business Description

Traded in Other Exchanges
N/A
Address
4-2-14 Matsunami, Niigata, Kashiwazaki, JPN, 945-8611
Bourbon Corp is a food manufacturing company. Its product offerings include cookies, wheat flour crackers, bean snacks, candy, rice biscuits, snacks, chewing gums, coffee, cocoa beverages, bread, chocolates, and other related products.

Bourbon (TSE:2208) Headlines

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