GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shibuya Corp (TSE:6340) » Definitions » E10

Shibuya (TSE:6340) E10 : 円279.98 (As of Mar. 2024)


View and export this data going back to 1985. Start your Free Trial

What is Shibuya 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.

Shibuya's adjusted earnings per share data for the three months ended in Mar. 2024 was 円113.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円279.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shibuya's average E10 Growth Rate was 9.30% per year. During the past 3 years, the average E10 Growth Rate was 15.60% per year. During the past 5 years, the average E10 Growth Rate was 17.50% 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 Shibuya was 20.40% per year. The lowest was 15.60% per year. And the median was 16.70% per year.

As of today (2024-05-26), Shibuya's current stock price is 円3725.00. Shibuya's E10 for the quarter that ended in Mar. 2024 was 円279.98. Shibuya's Shiller PE Ratio of today is 13.30.

During the past 13 years, the highest Shiller PE Ratio of Shibuya was 53.56. The lowest was 8.92. And the median was 17.27.


Shibuya E10 Historical Data

The historical data trend for Shibuya'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.

Shibuya E10 Chart

Shibuya 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 149.74 168.76 200.30 237.88 260.40

Shibuya 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 256.23 260.40 267.48 272.77 279.98

Competitive Comparison of Shibuya's E10

For the Specialty Industrial Machinery subindustry, Shibuya'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.


Shibuya's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shibuya's Shiller PE Ratio distribution charts can be found below:

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



Shibuya 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, Shibuya'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)
=113.48/107.2000*107.2000
=113.480

Current CPI (Mar. 2024) = 107.2000.

Shibuya Quarterly Data

per share eps CPI Adj_EPS
201406 35.913 98.000 39.284
201409 2.640 98.500 2.873
201412 29.020 97.900 31.777
201503 23.419 97.900 25.644
201506 244.360 98.400 266.213
201509 4.570 98.500 4.974
201512 33.358 98.100 36.452
201603 84.880 97.900 92.943
201606 34.550 98.100 37.755
201609 2.080 98.000 2.275
201612 79.331 98.400 86.426
201703 108.480 98.100 118.543
201706 50.021 98.500 54.439
201709 29.660 98.800 32.182
201712 74.300 99.400 80.130
201803 88.150 99.200 95.259
201806 78.240 99.200 84.550
201809 23.870 99.900 25.614
201812 91.830 99.700 98.738
201903 95.489 99.700 102.672
201906 69.503 99.800 74.657
201909 25.110 100.100 26.891
201912 76.587 100.500 81.693
202003 78.150 100.300 83.526
202006 54.035 99.900 57.984
202009 5.480 99.900 5.880
202012 84.630 99.300 91.363
202103 116.852 99.900 125.391
202106 112.045 99.500 120.716
202109 48.690 100.100 52.144
202112 97.009 100.100 103.890
202203 83.770 101.100 88.824
202206 105.287 101.800 110.872
202209 19.460 103.100 20.234
202212 53.132 104.100 54.714
202303 77.740 104.400 79.825
202306 63.939 105.200 65.155
202309 22.020 106.200 22.227
202312 101.204 106.800 101.583
202403 113.480 107.200 113.480

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


Shibuya  (TSE:6340) 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.

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

Shiller PE Ratio=Share Price/E10
=3725.00/279.98
=13.30

* 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 Shibuya was 53.56. The lowest was 8.92. And the median was 17.27.


Be Aware

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


Shibuya E10 Related Terms

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


Shibuya (TSE:6340) Business Description

Traded in Other Exchanges
N/A
Address
Ko-58 Mameda-Honmachi, Kanazawa-shi, Ishikawa, JPN, 920-8681
Shibuya Corp operates in the packaging machinery sector. The company offers various products system such as bottling, packaging, product handling, pharmaceutical manufacturing, regenerative medicine manufacturing, cleaning, environmental, laser working, water-jet cutting, semiconductor, medical equipment, agricultural equipment, and Food processing systems.

Shibuya (TSE:6340) Headlines

No Headlines