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Shinto Co (TSE:5380) E10 : 円37.33 (As of Mar. 2024)


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What is Shinto 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.

Shinto Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円-16.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円37.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shinto Co's average E10 Growth Rate was -34.60% per year. During the past 3 years, the average E10 Growth Rate was -12.10% per year. During the past 5 years, the average E10 Growth Rate was -9.50% 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 Shinto Co was -8.20% per year. The lowest was -12.30% per year. And the median was -12.10% per year.

As of today (2024-06-06), Shinto Co's current stock price is 円2690.00. Shinto Co's E10 for the quarter that ended in Mar. 2024 was 円37.33. Shinto Co's Shiller PE Ratio of today is 72.06.

During the past 13 years, the highest Shiller PE Ratio of Shinto Co was 63.98. The lowest was 9.16. And the median was 15.41.


Shinto Co E10 Historical Data

The historical data trend for Shinto 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.

Shinto Co E10 Chart

Shinto 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 93.64 90.55 72.53 63.22 61.59

Shinto 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 57.07 61.59 54.96 41.39 37.33

Competitive Comparison of Shinto Co's E10

For the Building Products & Equipment subindustry, Shinto 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.


Shinto Co's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shinto Co's Shiller PE Ratio distribution charts can be found below:

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



Shinto 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, Shinto 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)
=-16.71/107.2000*107.2000
=-16.710

Current CPI (Mar. 2024) = 107.2000.

Shinto Co Quarterly Data

per share eps CPI Adj_EPS
201406 -60.659 98.000 -66.354
201409 176.600 98.500 192.198
201412 17.650 97.900 19.327
201503 -168.454 97.900 -184.456
201506 182.263 98.400 198.563
201509 62.850 98.500 68.401
201512 110.350 98.100 120.586
201603 -77.350 97.900 -84.698
201606 65.479 98.100 71.553
201609 47.950 98.000 52.451
201612 114.082 98.400 124.284
201703 -42.719 98.100 -46.682
201706 -10.821 98.500 -11.777
201709 13.345 98.800 14.480
201712 30.653 99.400 33.058
201803 -95.835 99.200 -103.564
201806 -99.590 99.200 -107.621
201809 -45.775 99.900 -49.120
201812 77.852 99.700 83.708
201903 -32.355 99.700 -34.789
201906 25.255 99.800 27.128
201909 8.870 100.100 9.499
201912 43.545 100.500 46.448
202003 -44.168 100.300 -47.206
202006 23.090 99.900 24.777
202009 -88.275 99.900 -94.726
202012 28.305 99.300 30.557
202103 17.040 99.900 18.285
202106 44.535 99.500 47.981
202109 20.750 100.100 22.222
202112 8.860 100.100 9.488
202203 -24.376 101.100 -25.847
202206 -7.540 101.800 -7.940
202209 28.210 103.100 29.332
202212 33.366 104.100 34.360
202303 -26.400 104.400 -27.108
202306 -1.135 105.200 -1.157
202309 22.270 106.200 22.480
202312 -18.081 106.800 -18.149
202403 -16.710 107.200 -16.710

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


Shinto Co  (TSE:5380) 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.

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

Shiller PE Ratio=Share Price/E10
=2690.00/37.33
=72.06

* 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 Shinto Co was 63.98. The lowest was 9.16. And the median was 15.41.


Be Aware

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


Shinto Co E10 Related Terms

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


Shinto Co (TSE:5380) Business Description

Traded in Other Exchanges
Address
4-7-2 Ronchi-cho, Aichi, Takahama, JPN, 444-1314
Shinto Co Ltd manufactures and sells ceramic roof tiles. The company imports and exports roof materials and provides engineering work as well. The firm focuses on developing new materials for Japanese and western-style roof tiles and operates in Japan.

Shinto Co (TSE:5380) Headlines

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