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Daiwa Co (TSE:8247) E10 : 円-29.13 (As of Nov. 2023)


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What is Daiwa 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.

Daiwa Co's adjusted earnings per share data for the three months ended in Nov. 2023 was 円40.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円-29.13 for the trailing ten years ended in Nov. 2023.

During the past 3 years, the average E10 Growth Rate was -17.40% 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 Daiwa Co was 37.80% per year. The lowest was -17.40% per year. And the median was 10.20% per year.

As of today (2024-05-14), Daiwa Co's current stock price is 円468.00. Daiwa Co's E10 for the quarter that ended in Nov. 2023 was 円-29.13. Daiwa Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Daiwa Co was 0.31. The lowest was 0.00. And the median was 0.24.


Daiwa Co E10 Historical Data

The historical data trend for Daiwa 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.

Daiwa Co E10 Chart

Daiwa Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -195.82 -23.16 -39.63 -47.14 -37.44

Daiwa Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -52.67 -37.44 -36.45 -37.39 -29.13

Competitive Comparison of Daiwa Co's E10

For the Department Stores subindustry, Daiwa 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.


Daiwa Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Daiwa Co's Shiller PE Ratio distribution charts can be found below:

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



Daiwa 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, Daiwa Co's adjusted earnings per share data for the three months ended in Nov. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=40.11/106.9000*106.9000
=40.110

Current CPI (Nov. 2023) = 106.9000.

Daiwa Co Quarterly Data

per share eps CPI Adj_EPS
201402 57.600 95.500 64.476
201405 18.150 98.100 19.778
201408 192.350 98.300 209.178
201411 1.950 97.900 2.129
201502 -20.916 97.600 -22.909
201505 18.600 98.700 20.145
201508 16.100 98.400 17.491
201511 174.002 98.100 189.611
201602 -11.300 97.800 -12.351
201605 16.250 98.200 17.690
201608 -0.920 97.900 -1.005
201611 8.446 98.600 9.157
201702 23.750 98.100 25.880
201705 14.380 98.600 15.590
201708 13.688 98.500 14.855
201711 -3.312 99.100 -3.573
201802 -8.900 99.500 -9.562
201805 14.940 99.300 16.083
201808 3.401 99.800 3.643
201811 -2.080 100.000 -2.224
201902 -863.123 99.700 -925.455
201905 36.190 100.000 38.687
201908 56.025 100.000 59.891
201911 -9.240 100.500 -9.828
202002 18.515 100.300 19.733
202005 -64.990 100.100 -69.405
202008 7.920 100.100 8.458
202011 -4.013 99.500 -4.311
202102 -12.510 99.800 -13.400
202105 -10.420 99.400 -11.206
202108 -27.260 99.700 -29.229
202111 -4.050 100.100 -4.325
202202 -12.330 100.700 -13.089
202205 12.680 101.800 13.315
202208 -10.220 102.700 -10.638
202211 -5.474 103.900 -5.632
202302 15.650 104.000 16.086
202305 32.070 105.100 32.619
202308 2.220 105.900 2.241
202311 40.110 106.900 40.110

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


Daiwa Co  (TSE:8247) 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.

During the past 13 years, the highest Shiller P/E Ratio of Daiwa Co was 0.31. The lowest was 0.00. And the median was 0.24.


Be Aware

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


Daiwa Co E10 Related Terms

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


Daiwa Co (TSE:8247) Business Description

Traded in Other Exchanges
N/A
Address
5 No. 2 No. Kanazawa Katamachi 2-chome, Kanazawa, JPN
Daiwa Co Ltd is a Japan-based company mainly engaged in the operation of department stores. It operates three department stores in Kanazawa, Toyama and Takaoka cities.

Daiwa Co (TSE:8247) Headlines

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