GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dainichiseika Color & Chemicals Mfg Co Ltd (TSE:4116) » Definitions » E10

Dainichiseika Color & Chemicals Mfg Co (TSE:4116) E10 : 円323.05 (As of Dec. 2023)


View and export this data going back to 1961. Start your Free Trial

What is Dainichiseika Color & Chemicals Mfg 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.

Dainichiseika Color & Chemicals Mfg Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円69.827. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円323.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Dainichiseika Color & Chemicals Mfg Co's average E10 Growth Rate was -100.00% 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 Dainichiseika Color & Chemicals Mfg Co was 3.70% per year. The lowest was 0.70% per year. And the median was 2.40% per year.

As of today (2024-06-13), Dainichiseika Color & Chemicals Mfg Co's current stock price is 円3075.00. Dainichiseika Color & Chemicals Mfg Co's E10 for the quarter that ended in Dec. 2023 was 円323.05. Dainichiseika Color & Chemicals Mfg Co's Shiller PE Ratio of today is 9.52.

During the past 13 years, the highest Shiller PE Ratio of Dainichiseika Color & Chemicals Mfg Co was 22.14. The lowest was 5.10. And the median was 7.82.


Dainichiseika Color & Chemicals Mfg Co E10 Historical Data

The historical data trend for Dainichiseika Color & Chemicals Mfg 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.

Dainichiseika Color & Chemicals Mfg Co E10 Chart

Dainichiseika Color & Chemicals Mfg 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 313.77 320.26 333.00 320.79 -

Dainichiseika Color & Chemicals Mfg 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 320.79 322.90 324.03 323.05 -

Competitive Comparison of Dainichiseika Color & Chemicals Mfg Co's E10

For the Specialty Chemicals subindustry, Dainichiseika Color & Chemicals Mfg 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.


Dainichiseika Color & Chemicals Mfg Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dainichiseika Color & Chemicals Mfg Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Dainichiseika Color & Chemicals Mfg Co's Shiller PE Ratio falls into.



Dainichiseika Color & Chemicals Mfg 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, Dainichiseika Color & Chemicals Mfg 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)
=69.827/106.8000*106.8000
=69.827

Current CPI (Dec. 2023) = 106.8000.

Dainichiseika Color & Chemicals Mfg Co Quarterly Data

per share eps CPI Adj_EPS
201403 88.265 95.700 98.503
201406 91.850 98.000 100.098
201409 91.200 98.500 98.885
201412 95.600 97.900 104.291
201503 26.300 97.900 28.691
201506 123.250 98.400 133.771
201509 96.676 98.500 104.822
201512 110.500 98.100 120.300
201603 -117.906 97.900 -128.625
201606 165.000 98.100 179.633
201609 87.350 98.000 95.194
201612 150.062 98.400 162.872
201703 133.508 98.100 145.348
201706 155.280 98.500 168.365
201709 127.310 98.800 137.619
201712 104.265 99.400 112.027
201803 63.430 99.200 68.290
201806 110.370 99.200 118.826
201809 78.041 99.900 83.431
201812 137.555 99.700 147.351
201903 -117.203 99.700 -125.549
201906 81.140 99.800 86.831
201909 61.650 100.100 65.776
201912 72.390 100.500 76.928
202003 -0.970 100.300 -1.033
202006 41.740 99.900 44.623
202009 74.706 99.900 79.866
202012 72.040 99.300 77.481
202103 153.460 99.900 164.059
202106 104.700 99.500 112.382
202109 79.970 100.100 85.323
202112 101.439 100.100 108.229
202203 47.580 101.100 50.263
202206 65.870 101.800 69.105
202209 21.807 103.100 22.590
202212 43.900 104.100 45.039
202303 -23.000 104.400 -23.529
202306 85.660 105.200 86.963
202309 55.320 106.200 55.633
202312 69.827 106.800 69.827

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


Dainichiseika Color & Chemicals Mfg Co  (TSE:4116) 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.

Dainichiseika Color & Chemicals Mfg Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3075.00/323.05
=9.52

* 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 Dainichiseika Color & Chemicals Mfg Co was 22.14. The lowest was 5.10. And the median was 7.82.


Be Aware

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


Dainichiseika Color & Chemicals Mfg Co E10 Related Terms

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


Dainichiseika Color & Chemicals Mfg Co (TSE:4116) Business Description

Traded in Other Exchanges
N/A
Address
1-7-6, Nihonbashi-Bakurocho, Chuo-ku, Tokyo, JPN, 103-8383
Dainichiseika Color and Chemicals manufactures and sells pigments, plastics, and inks in five segments based on product type. The polymers segment, which generates the majority of revenue, sells plastic resins used to produce interior components for automobiles, polyurethane coatings and adhesives, and textile coatings. The pigments segment sells inorganic pigments and colorants. The prepared colors and chemicals segment sells colorants used in plastics and coatings. The printing inks segment sells inks for printing and gravure. The other segment leases real estate properties.

Dainichiseika Color & Chemicals Mfg Co (TSE:4116) Headlines

No Headlines