GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Belluna Co Ltd (TSE:9997) » Definitions » E10

Belluna Co (TSE:9997) E10 : 円84.69 (As of Dec. 2023)


View and export this data going back to 1998. Start your Free Trial

What is Belluna 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.

Belluna Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円18.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円84.69 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Belluna 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 Belluna Co was 29.60% per year. The lowest was 8.10% per year. And the median was 9.30% per year.

As of today (2024-05-23), Belluna Co's current stock price is 円706.00. Belluna Co's E10 for the quarter that ended in Dec. 2023 was 円84.69. Belluna Co's Shiller PE Ratio of today is 8.34.

During the past 13 years, the highest Shiller PE Ratio of Belluna Co was 74.34. The lowest was 6.22. And the median was 11.02.


Belluna Co E10 Historical Data

The historical data trend for Belluna 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.

Belluna Co E10 Chart

Belluna 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 66.32 72.98 80.06 83.73 -

Belluna 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 83.73 84.02 86.30 84.69 -

Competitive Comparison of Belluna Co's E10

For the Specialty Retail subindustry, Belluna 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.


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

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

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



Belluna 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, Belluna 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)
=18.8/106.8000*106.8000
=18.800

Current CPI (Dec. 2023) = 106.8000.

Belluna Co Quarterly Data

per share eps CPI Adj_EPS
201403 16.340 95.700 18.235
201406 8.990 98.000 9.797
201409 12.100 98.500 13.120
201412 34.420 97.900 37.549
201503 10.253 97.900 11.185
201506 16.120 98.400 17.496
201509 2.960 98.500 3.209
201512 28.127 98.100 30.621
201603 -10.760 97.900 -11.738
201606 -11.160 98.100 -12.150
201609 2.643 98.000 2.880
201612 73.511 98.400 79.786
201703 -5.338 98.100 -5.811
201706 31.940 98.500 34.631
201709 12.620 98.800 13.642
201712 40.983 99.400 44.034
201803 13.853 99.200 14.914
201806 29.480 99.200 31.739
201809 14.006 99.900 14.973
201812 30.320 99.700 32.479
201903 32.580 99.700 34.900
201906 11.500 99.800 12.307
201909 5.845 100.100 6.236
201912 30.160 100.500 32.051
202003 13.110 100.300 13.960
202006 15.440 99.900 16.506
202009 14.800 99.900 15.822
202012 58.940 99.300 63.392
202103 24.990 99.900 26.716
202106 17.210 99.500 18.473
202109 16.000 100.100 17.071
202112 46.910 100.100 50.050
202203 25.430 101.100 26.864
202206 14.300 101.800 15.002
202209 15.170 103.100 15.714
202212 26.198 104.100 26.877
202303 21.040 104.400 21.524
202306 14.330 105.200 14.548
202309 19.420 106.200 19.530
202312 18.800 106.800 18.800

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


Belluna Co  (TSE:9997) 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.

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

Shiller PE Ratio=Share Price/E10
=706.00/84.69
=8.34

* 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 Belluna Co was 74.34. The lowest was 6.22. And the median was 11.02.


Be Aware

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


Belluna Co E10 Related Terms

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


Belluna Co (TSE:9997) Business Description

Traded in Other Exchanges
N/A
Address
4-2 Miyamoto-cho, Ageo City, Saitama, JPN, 362-8688
Belluna Co Ltd is primarily a mail-order retailer that sells a wide range of products, including apparel, home furnishings, food, wine, cosmetics, health food, and nursing supplies through catalogs and e-commerce sites. More than 80% of the company's sales come from its mail-order business. Remaining revenue comes from its apparel retail stores; its solution business, which offers outsourced services for Belluna's corporate clients; its finance business, which offers financing services that target mail-order customers; and its property business, which leases office and commercial space and engages in property development. Nearly all the company's sales are in Japan.

Belluna Co (TSE:9997) Headlines

No Headlines