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Pack (TSE:3950) E10 : 円239.70 (As of Mar. 2024)


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What is Pack 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.

Pack's adjusted earnings per share data for the three months ended in Mar. 2024 was 円77.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円239.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pack's average E10 Growth Rate was 8.60% per year. During the past 3 years, the average E10 Growth Rate was 5.10% per year. During the past 5 years, the average E10 Growth Rate was 2.80% 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 Pack was 5.10% per year. The lowest was -1.10% per year. And the median was 1.10% per year.

As of today (2024-05-22), Pack's current stock price is 円3875.00. Pack's E10 for the quarter that ended in Mar. 2024 was 円239.70. Pack's Shiller PE Ratio of today is 16.17.

During the past 13 years, the highest Shiller PE Ratio of Pack was 20.85. The lowest was 10.25. And the median was 14.55.


Pack E10 Historical Data

The historical data trend for Pack'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.

Pack E10 Chart

Pack Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 208.39 202.22 204.45 217.51 234.45

Pack 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 220.65 223.88 228.63 234.45 239.70

Competitive Comparison of Pack's E10

For the Packaging & Containers subindustry, Pack'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.


Pack's Shiller PE Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Pack's Shiller PE Ratio distribution charts can be found below:

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



Pack 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, Pack'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)
=77.64/107.2000*107.2000
=77.640

Current CPI (Mar. 2024) = 107.2000.

Pack Quarterly Data

per share eps CPI Adj_EPS
201406 90.280 98.000 98.755
201409 27.480 98.500 29.907
201412 69.270 97.900 75.850
201503 23.190 97.900 25.393
201506 48.107 98.400 52.409
201509 40.570 98.500 44.153
201512 93.800 98.100 102.501
201603 35.560 97.900 38.938
201606 49.310 98.100 53.884
201609 38.620 98.000 42.246
201612 107.760 98.400 117.397
201703 50.240 98.100 54.900
201706 57.070 98.500 62.111
201709 50.320 98.800 54.598
201712 107.660 99.400 116.108
201803 44.150 99.200 47.710
201806 53.960 99.200 58.312
201809 44.590 99.900 47.848
201812 110.210 99.700 118.501
201903 36.170 99.700 38.891
201906 56.100 99.800 60.260
201909 43.150 100.100 46.211
201912 108.080 100.500 115.285
202003 32.540 100.300 34.779
202006 12.910 99.900 13.853
202009 13.120 99.900 14.079
202012 67.280 99.300 72.633
202103 29.880 99.900 32.063
202106 26.360 99.500 28.400
202109 23.280 100.100 24.931
202112 69.010 100.100 73.905
202203 37.750 101.100 40.028
202206 37.030 101.800 38.994
202209 43.550 103.100 45.282
202212 95.050 104.100 97.880
202303 52.600 104.400 54.011
202306 59.480 105.200 60.611
202309 56.260 106.200 56.790
202312 128.520 106.800 129.001
202403 77.640 107.200 77.640

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


Pack  (TSE:3950) 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.

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

Shiller PE Ratio=Share Price/E10
=3875.00/239.7
=16.17

* 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 Pack was 20.85. The lowest was 10.25. And the median was 14.55.


Be Aware

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


Pack E10 Related Terms

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


Pack (TSE:3950) Business Description

Traded in Other Exchanges
N/A
Address
OAP Tower 20F, 1-8-30, Temmabashi, Kita-ku, Osaka, JPN, 530-6020
Pack Corp is a paper and chemical products company. It manufactures and sells packaging paper products and containers. The product categories of the company include Bags and Tote Bags, Boxes, Corrugated Boxes, Film Packaging & Flexible Packaging, Wrapping Supplies & Secondary Materials, and Eco-Products.

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