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Fuji Electric Co (TSE:6504) E10 : 円314.95 (As of Dec. 2023)


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What is Fuji Electric 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.

Fuji Electric Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円90.398. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円314.95 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Fuji Electric 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 Fuji Electric Co was 45.00% per year. The lowest was 11.20% per year. And the median was 25.90% per year.

As of today (2024-05-26), Fuji Electric Co's current stock price is 円8814.00. Fuji Electric Co's E10 for the quarter that ended in Dec. 2023 was 円314.95. Fuji Electric Co's Shiller PE Ratio of today is 27.99.

During the past 13 years, the highest Shiller PE Ratio of Fuji Electric Co was 51.87. The lowest was 9.74. And the median was 23.03.


Fuji Electric Co E10 Historical Data

The historical data trend for Fuji Electric 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.

Fuji Electric Co E10 Chart

Fuji Electric 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 200.42 217.83 252.96 283.99 -

Fuji Electric 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 283.99 294.72 305.75 314.95 -

Competitive Comparison of Fuji Electric Co's E10

For the Electrical Equipment & Parts subindustry, Fuji Electric 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.


Fuji Electric Co's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Fuji Electric 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, Fuji Electric 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)
=90.398/106.8000*106.8000
=90.398

Current CPI (Dec. 2023) = 106.8000.

Fuji Electric Co Quarterly Data

per share eps CPI Adj_EPS
201403 120.550 95.700 134.532
201406 1.600 98.000 1.744
201409 12.200 98.500 13.228
201412 64.700 97.900 70.582
201503 117.250 97.900 127.909
201506 14.150 98.400 15.358
201509 15.000 98.500 16.264
201512 28.300 98.100 30.810
201603 156.850 97.900 171.109
201606 -5.050 98.100 -5.498
201609 5.200 98.000 5.667
201612 34.282 98.400 37.209
201703 252.350 98.100 274.730
201706 7.950 98.500 8.620
201709 35.590 98.800 38.472
201712 50.080 99.400 53.808
201803 170.720 99.200 183.799
201806 37.630 99.200 40.513
201809 50.128 99.900 53.590
201812 26.810 99.700 28.719
201903 167.320 99.700 179.235
201906 17.700 99.800 18.941
201909 24.150 100.100 25.766
201912 30.144 100.500 32.034
202003 129.570 100.300 137.967
202006 9.500 99.900 10.156
202009 4.960 99.900 5.303
202012 -42.700 99.300 -45.925
202103 321.752 99.900 343.975
202106 34.820 99.500 37.375
202109 63.050 100.100 67.270
202112 79.929 100.100 85.279
202203 232.880 101.100 246.010
202206 69.530 101.800 72.945
202209 72.300 103.100 74.895
202212 60.920 104.100 62.500
202303 226.750 104.400 231.963
202306 86.140 105.200 87.450
202309 84.290 106.200 84.766
202312 90.398 106.800 90.398

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


Fuji Electric Co  (TSE:6504) 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.

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

Shiller PE Ratio=Share Price/E10
=8814.00/314.95
=27.99

* 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 Fuji Electric Co was 51.87. The lowest was 9.74. And the median was 23.03.


Be Aware

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


Fuji Electric Co E10 Related Terms

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


Fuji Electric Co (TSE:6504) Business Description

Traded in Other Exchanges
Address
Gate City Ohsaki, East Tower, 11-2, Osaki 1-chome, Shinagawa-ku, Tokyo, JPN, 141-0032
Fuji Electric is a Japanese electrical equipment manufacturer and distributor that operates through five main segments: power electronic systems energy, power electronic systems energy industry, electronic devices, food and beverage distribution, and power generation. The main revenue drivers, power electronic systems energy and industry, include energy management, factory automation, and IT solutions. Electronic devices includes the manufacture and sale of semiconductors and magnetic disks. Food and beverage distribution offers vending machines across the world. The power generation segment provides design, manufacturing and on-site installation services. The firm generates most of its revenue in Asia, with some derived from Europe and the Americas.

Fuji Electric Co (TSE:6504) Headlines

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