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Alpen Co (TSE:3028) E10 : 円71.14 (As of Mar. 2024)


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What is Alpen 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.

Alpen Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円-21.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円71.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alpen Co's average E10 Growth Rate was -5.00% per year. During the past 3 years, the average E10 Growth Rate was 8.40% per year. During the past 5 years, the average E10 Growth Rate was 1.60% 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 Alpen Co was 8.40% per year. The lowest was -0.90% per year. And the median was 5.00% per year.

As of today (2024-05-24), Alpen Co's current stock price is 円2006.00. Alpen Co's E10 for the quarter that ended in Mar. 2024 was 円71.14. Alpen Co's Shiller PE Ratio of today is 28.20.

During the past 13 years, the highest Shiller PE Ratio of Alpen Co was 49.69. The lowest was 18.95. And the median was 26.34.


Alpen Co E10 Historical Data

The historical data trend for Alpen 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.

Alpen Co E10 Chart

Alpen Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.06 59.86 76.28 77.72 76.28

Alpen Co 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 74.88 76.28 75.36 75.54 71.14

Competitive Comparison of Alpen Co's E10

For the Specialty Retail subindustry, Alpen 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.


Alpen Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alpen Co's Shiller PE Ratio distribution charts can be found below:

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



Alpen 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, Alpen Co'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)
=-21.28/107.2000*107.2000
=-21.280

Current CPI (Mar. 2024) = 107.2000.

Alpen Co Quarterly Data

per share eps CPI Adj_EPS
201406 50.080 98.000 54.781
201409 9.810 98.500 10.676
201412 19.720 97.900 21.593
201503 -17.363 97.900 -19.012
201506 15.430 98.400 16.810
201509 31.160 98.500 33.912
201512 13.770 98.100 15.047
201603 -35.073 97.900 -38.405
201606 -65.790 98.100 -71.893
201609 29.590 98.000 32.368
201612 20.624 98.400 22.468
201703 -13.710 98.100 -14.982
201706 31.195 98.500 33.950
201709 28.500 98.800 30.923
201712 28.690 99.400 30.941
201803 -34.875 99.200 -37.688
201806 26.570 99.200 28.713
201809 -7.350 99.900 -7.887
201812 20.698 99.700 22.255
201903 -69.710 99.700 -74.954
201906 33.245 99.800 35.710
201909 8.440 100.100 9.039
201912 50.210 100.500 53.557
202003 -71.069 100.300 -75.958
202006 10.660 99.900 11.439
202009 86.150 99.900 92.445
202012 113.650 99.300 122.692
202103 12.900 99.900 13.843
202106 62.213 99.500 67.027
202109 21.710 100.100 23.250
202112 88.860 100.100 95.163
202203 -27.298 101.100 -28.945
202206 51.570 101.800 54.306
202209 4.060 103.100 4.221
202212 76.530 104.100 78.809
202303 -4.992 104.400 -5.126
202306 65.760 105.200 67.010
202309 -6.370 106.200 -6.430
202312 30.876 106.800 30.992
202403 -21.280 107.200 -21.280

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


Alpen Co  (TSE:3028) 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.

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

Shiller PE Ratio=Share Price/E10
=2006.00/71.14
=28.20

* 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 Alpen Co was 49.69. The lowest was 18.95. And the median was 26.34.


Be Aware

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


Alpen Co E10 Related Terms

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


Alpen Co (TSE:3028) Business Description

Traded in Other Exchanges
Address
Alpen Marunouchi Tower, 9-40, 2-chome, Marunouchi, Naka-ku, Nagoya-shi, Aichi, JPN, 460-8637
Alpen Co Ltd is a Japan-based specialty retailer that is primarily engaged in the production and sale of sports products. The company's products consist of sports equipment, apparel, accessories, dietary supplements, and other items. The company operates through three store formats, including Alpen, focusing on products related to winter sports; Golf 5, primarily providing golf-related sports products; Sports Depo, which offers all kinds of sporting goods. The Sports Depo accounts for around half of the company's total revenue. The company runs a nationwide retail network across Japan.

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