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Sony Group (WBO:SON1) E10 : €3.06 (As of Mar. 2024)


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What is Sony Group 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.

Sony Group's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.943. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sony Group's average E10 Growth Rate was 26.30% per year. During the past 3 years, the average E10 Growth Rate was 38.80% per year. During the past 5 years, the average E10 Growth Rate was 77.10% 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 Sony Group was 125.70% per year. The lowest was -459.30% per year. And the median was -2.35% per year.

As of today (2024-05-25), Sony Group's current stock price is €74.26. Sony Group's E10 for the quarter that ended in Mar. 2024 was €3.06. Sony Group's Shiller PE Ratio of today is 24.27.

During the past 13 years, the highest Shiller PE Ratio of Sony Group was 1889.69. The lowest was 23.45. And the median was 56.53.


Sony Group E10 Historical Data

The historical data trend for Sony Group'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.

Sony Group E10 Chart

Sony Group 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 0.66 1.46 2.27 2.75 3.06

Sony Group 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 2.75 2.66 2.80 2.98 3.06

Competitive Comparison of Sony Group's E10

For the Consumer Electronics subindustry, Sony Group'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.


Sony Group's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Sony Group's Shiller PE Ratio distribution charts can be found below:

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



Sony Group 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, Sony Group'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)
=0.943/107.2000*107.2000
=0.943

Current CPI (Mar. 2024) = 107.2000.

Sony Group Quarterly Data

per share eps CPI Adj_EPS
201406 0.165 98.000 0.180
201409 -0.898 98.500 -0.977
201412 0.523 97.900 0.573
201503 -0.701 97.900 -0.768
201506 0.507 98.400 0.552
201509 0.194 98.500 0.211
201512 0.704 98.100 0.769
201603 -0.557 97.900 -0.610
201606 0.139 98.100 0.152
201609 0.033 98.000 0.036
201612 0.125 98.400 0.136
201703 0.178 98.100 0.195
201706 0.503 98.500 0.547
201709 0.768 98.800 0.833
201712 1.713 99.400 1.847
201803 -0.103 99.200 -0.111
201806 1.359 99.200 1.469
201809 1.020 99.900 1.095
201812 2.591 99.700 2.786
201903 0.543 99.700 0.584
201906 0.976 99.800 1.048
201909 1.255 100.100 1.344
201912 1.509 100.500 1.610
202003 0.085 100.300 0.091
202006 1.282 99.900 1.376
202009 2.952 99.900 3.168
202012 1.968 99.300 2.125
202103 0.406 99.900 0.436
202106 1.276 99.500 1.375
202109 1.314 100.100 1.407
202112 2.151 100.100 2.304
202203 0.681 101.100 0.722
202206 1.481 101.800 1.560
202209 1.597 103.100 1.661
202212 1.817 104.100 1.871
202303 0.723 104.400 0.742
202306 1.147 105.200 1.169
202309 1.025 106.200 1.035
202312 1.878 106.800 1.885
202403 0.943 107.200 0.943

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


Sony Group  (WBO:SON1) 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.

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

Shiller PE Ratio=Share Price/E10
=74.26/3.06
=24.27

* 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 Sony Group was 1889.69. The lowest was 23.45. And the median was 56.53.


Be Aware

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


Sony Group E10 Related Terms

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


Sony Group (WBO:SON1) Business Description

Address
7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075
Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.

Sony Group (WBO:SON1) Headlines

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