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Banners Co (TSE:3011) E10 : 円4.93 (As of Dec. 2023)


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What is Banners 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.

Banners Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円2.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円4.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Banners Co's average E10 Growth Rate was 13.90% per year. During the past 3 years, the average E10 Growth Rate was 14.80% per year. During the past 5 years, the average E10 Growth Rate was -4.20% 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 Banners Co was 14.80% per year. The lowest was -26.10% per year. And the median was 2.40% per year.

As of today (2024-05-29), Banners Co's current stock price is 円136.00. Banners Co's E10 for the quarter that ended in Dec. 2023 was 円4.93. Banners Co's Shiller PE Ratio of today is 27.59.

During the past 13 years, the highest Shiller PE Ratio of Banners Co was 47.73. The lowest was 10.31. And the median was 28.60.


Banners Co E10 Historical Data

The historical data trend for Banners 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.

Banners Co E10 Chart

Banners Co 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 10.66 2.99 4.03 4.31 4.52

Banners Co 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 4.33 4.52 4.59 4.79 4.93

Competitive Comparison of Banners Co's E10

For the Auto & Truck Dealerships subindustry, Banners 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.


Banners Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Banners Co's Shiller PE Ratio distribution charts can be found below:

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



Banners 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, Banners Co'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)
=2.98/106.8000*106.8000
=2.980

Current CPI (Dec. 2023) = 106.8000.

Banners Co Quarterly Data

per share eps CPI Adj_EPS
201403 3.020 95.700 3.370
201406 0.900 98.000 0.981
201409 2.680 98.500 2.906
201412 1.240 97.900 1.353
201503 2.420 97.900 2.640
201506 1.720 98.400 1.867
201509 0.452 98.500 0.490
201512 2.290 98.100 2.493
201603 3.750 97.900 4.091
201606 6.190 98.100 6.739
201609 1.657 98.000 1.806
201612 1.980 98.400 2.149
201703 -0.547 98.100 -0.596
201706 0.440 98.500 0.477
201709 -0.015 98.800 -0.016
201712 1.120 99.400 1.203
201803 1.300 99.200 1.400
201806 1.450 99.200 1.561
201809 -3.099 99.900 -3.313
201812 1.840 99.700 1.971
201903 2.690 99.700 2.882
201906 -7.670 99.800 -8.208
201909 0.230 100.100 0.245
201912 -0.266 100.500 -0.283
202003 -6.810 100.300 -7.251
202006 -2.790 99.900 -2.983
202009 -0.140 99.900 -0.150
202012 0.828 99.300 0.891
202103 3.740 99.900 3.998
202106 0.260 99.500 0.279
202109 0.822 100.100 0.877
202112 1.300 100.100 1.387
202203 6.390 101.100 6.750
202206 1.630 101.800 1.710
202209 1.860 103.100 1.927
202212 2.204 104.100 2.261
202303 4.080 104.400 4.174
202306 1.590 105.200 1.614
202309 2.608 106.200 2.623
202312 2.980 106.800 2.980

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


Banners Co  (TSE:3011) 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.

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

Shiller PE Ratio=Share Price/E10
=136.00/4.93
=27.59

* 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 Banners Co was 47.73. The lowest was 10.31. And the median was 28.60.


Be Aware

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


Banners Co E10 Related Terms

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


Banners Co (TSE:3011) Business Description

Traded in Other Exchanges
N/A
Address
102, Ishihara, Kumagaya-shi, Saitama, JPN, 3600816
Banners Co Ltd is a Japan-based company. It operates its business activities in three divisions including real estate utilization business, automobile sales business and musical instrument sales business. In the real estate utilization business, the company mainly rent tenants. In the automobile sales business, it sells Honda Vehicles and non-life insurance. In the musical instrument sales business, it imports and sells oboe and bathoons as a specialty store of double reed musical instruments. It also provides maintenance and after-sales services.

Banners Co (TSE:3011) Headlines

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