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Seiren Co (TSE:3569) E10 : 円141.35 (As of Mar. 2024)


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What is Seiren 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.

Seiren Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円61.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円141.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Seiren Co's average E10 Growth Rate was 12.50% per year. During the past 3 years, the average E10 Growth Rate was 13.00% per year. During the past 5 years, the average E10 Growth Rate was 12.00% 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 Seiren Co was 13.00% per year. The lowest was 8.90% per year. And the median was 11.35% per year.

As of today (2024-05-28), Seiren Co's current stock price is 円2437.00. Seiren Co's E10 for the quarter that ended in Mar. 2024 was 円141.35. Seiren Co's Shiller PE Ratio of today is 17.24.

During the past 13 years, the highest Shiller PE Ratio of Seiren Co was 34.73. The lowest was 12.61. And the median was 18.96.


Seiren Co E10 Historical Data

The historical data trend for Seiren 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.

Seiren Co E10 Chart

Seiren Co 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 91.42 98.09 109.26 125.59 141.35

Seiren 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 125.59 130.32 134.24 137.58 141.35

Competitive Comparison of Seiren Co's E10

For the Textile Manufacturing subindustry, Seiren 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.


Seiren Co's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Seiren Co's Shiller PE Ratio distribution charts can be found below:

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



Seiren 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, Seiren 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)
=61.76/107.2000*107.2000
=61.760

Current CPI (Mar. 2024) = 107.2000.

Seiren Co Quarterly Data

per share eps CPI Adj_EPS
201406 17.890 98.000 19.569
201409 15.240 98.500 16.586
201412 17.070 97.900 18.692
201503 31.740 97.900 34.755
201506 28.500 98.400 31.049
201509 20.110 98.500 21.886
201512 31.350 98.100 34.258
201603 22.310 97.900 24.429
201606 27.690 98.100 30.259
201609 28.530 98.000 31.208
201612 38.000 98.400 41.398
201703 22.770 98.100 24.882
201706 34.010 98.500 37.014
201709 22.240 98.800 24.131
201712 36.480 99.400 39.343
201803 22.520 99.200 24.336
201806 35.190 99.200 38.028
201809 36.020 99.900 38.652
201812 42.690 99.700 45.901
201903 23.780 99.700 25.569
201906 33.800 99.800 36.306
201909 33.260 100.100 35.619
201912 41.460 100.500 44.224
202003 43.840 100.300 46.856
202006 4.550 99.900 4.882
202009 17.750 99.900 19.047
202012 40.780 99.300 44.024
202103 45.300 99.900 48.610
202106 39.300 99.500 42.341
202109 32.490 100.100 34.794
202112 32.890 100.100 35.223
202203 31.680 101.100 33.591
202206 43.210 101.800 45.502
202209 39.390 103.100 40.956
202212 67.160 104.100 69.160
202303 26.630 104.400 27.344
202306 50.070 105.200 51.022
202309 42.190 106.200 42.587
202312 47.530 106.800 47.708
202403 61.760 107.200 61.760

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


Seiren Co  (TSE:3569) 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.

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

Shiller PE Ratio=Share Price/E10
=2437.00/141.35
=17.24

* 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 Seiren Co was 34.73. The lowest was 12.61. And the median was 18.96.


Be Aware

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


Seiren Co E10 Related Terms

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


Seiren Co (TSE:3569) Business Description

Traded in Other Exchanges
N/A
Address
1-10-1 Keya, Fukui-ku, Fukui, JPN, 918-8003
Seiren Co Ltd is a Japan-based fiber manufacturing company. It is a dyeing processor of filament fibers. The company also produces silk, synthetic fibers and textile products used in household interior and apparel. It manufactures industrial materials including automobile interiors such as seats and air bags. The company's segment includes Automotive Interior, High Fashion, Electronics, Environment and Life Materials, Medical and Other. The company generates the majority of its revenue from the Automotive Interior segment.

Seiren Co (TSE:3569) Headlines

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