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Chugoku Electric Power Co (TSE:9504) E10 : 円38.02 (As of Dec. 2023)


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What is Chugoku Electric Power 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.

Chugoku Electric Power Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円-7.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円38.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Chugoku Electric Power 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 Chugoku Electric Power Co was 22.90% per year. The lowest was -86.90% per year. And the median was 9.00% per year.

As of today (2024-05-16), Chugoku Electric Power Co's current stock price is 円1010.00. Chugoku Electric Power Co's E10 for the quarter that ended in Dec. 2023 was 円38.02. Chugoku Electric Power Co's Shiller PE Ratio of today is 26.56.

During the past 13 years, the highest Shiller PE Ratio of Chugoku Electric Power Co was 9717.00. The lowest was 18.38. And the median was 31.24.


Chugoku Electric Power Co E10 Historical Data

The historical data trend for Chugoku Electric Power 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.

Chugoku Electric Power Co E10 Chart

Chugoku Electric Power 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 44.47 46.96 35.74 0.10 -

Chugoku Electric Power 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 0.10 20.45 34.32 38.02 -

Competitive Comparison of Chugoku Electric Power Co's E10

For the Utilities - Renewable subindustry, Chugoku Electric Power 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.


Chugoku Electric Power Co's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Chugoku Electric Power Co's Shiller PE Ratio distribution charts can be found below:

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



Chugoku Electric Power 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, Chugoku Electric Power 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)
=-7.01/106.8000*106.8000
=-7.010

Current CPI (Dec. 2023) = 106.8000.

Chugoku Electric Power Co Quarterly Data

per share eps CPI Adj_EPS
201403 10.710 95.700 11.952
201406 34.820 98.000 37.947
201409 42.150 98.500 45.702
201412 -16.500 97.900 -18.000
201503 31.850 97.900 34.745
201506 16.700 98.400 18.126
201509 33.990 98.500 36.854
201512 -15.490 98.100 -16.864
201603 28.900 97.900 31.527
201606 13.350 98.100 14.534
201609 41.080 98.000 44.769
201612 -20.580 98.400 -22.337
201703 -9.340 98.100 -10.168
201706 3.280 98.500 3.556
201709 37.760 98.800 40.817
201712 -12.010 99.400 -12.904
201803 19.890 99.200 21.414
201806 -14.020 99.200 -15.094
201809 22.860 99.900 24.439
201812 -0.006 99.700 -0.006
201903 24.410 99.700 26.148
201906 4.950 99.800 5.297
201909 241.730 100.100 257.910
201912 4.610 100.500 4.899
202003 4.500 100.300 4.792
202006 29.180 99.900 31.195
202009 57.550 99.900 61.525
202012 0.310 99.300 0.333
202103 -55.170 99.900 -58.981
202106 -3.780 99.500 -4.057
202109 21.875 100.100 23.339
202112 -59.690 100.100 -63.685
202203 -68.623 101.100 -72.492
202206 -74.280 101.800 -77.928
202209 -81.210 103.100 -84.124
202212 -307.331 104.100 -315.302
202303 31.520 104.400 32.245
202306 173.870 105.200 176.514
202309 167.638 106.200 168.585
202312 -7.010 106.800 -7.010

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


Chugoku Electric Power Co  (TSE:9504) 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.

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

Shiller PE Ratio=Share Price/E10
=1010.00/38.02
=26.56

* 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 Chugoku Electric Power Co was 9717.00. The lowest was 18.38. And the median was 31.24.


Be Aware

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


Chugoku Electric Power Co E10 Related Terms

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


Chugoku Electric Power Co (TSE:9504) Business Description

Traded in Other Exchanges
Address
4-33 Komachi, Naka-ku, Hiroshima-shi, JPN, 730-8701
Chugoku Electric Power Company, Inc. is a Japanese electric utility company primarily serving the industrial region of Chugoku on the western end of Japan's main island of Honshu. The company is involved in the generation, transmission, distribution, and supply of energy. Chugoku Electric owns and operates a portfolio of thermal, nuclear, and hydroelectric power plants located primarily in its home region. While most of these energy-generating facilities are hydroelectric, the vast majority of the company's total energy production comes from its thermal sites. Chugoku Electric generates revenue mainly from the sale of electric power to commercial and industrial customers in Chugoku. The company also owns assets and offers consulting and training services throughout Southeast Asia.

Chugoku Electric Power Co (TSE:9504) Headlines

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