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Aida Engineering (Aida Engineering) E10 : $4.74 (As of Dec. 2023)


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What is Aida Engineering 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.

Aida Engineering's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.324. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.74 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Aida Engineering's average E10 Growth Rate was -5.80% per year. During the past 3 years, the average E10 Growth Rate was -2.50% per year. During the past 5 years, the average E10 Growth Rate was 11.60% 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 Aida Engineering was 21.70% per year. The lowest was -2.50% per year. And the median was 15.20% per year.

As of today (2024-04-29), Aida Engineering's current stock price is $59.8165. Aida Engineering's E10 for the quarter that ended in Dec. 2023 was $4.74. Aida Engineering's Shiller PE Ratio of today is 12.62.

During the past 13 years, the highest Shiller PE Ratio of Aida Engineering was 41.65. The lowest was 9.10. And the median was 14.07.


Aida Engineering E10 Historical Data

The historical data trend for Aida Engineering'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.

Aida Engineering E10 Chart

Aida Engineering Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.31 6.92 5.36 5.76 5.08

Aida Engineering Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.26 5.08 4.33 3.98 4.74

Competitive Comparison of Aida Engineering's E10

For the Specialty Industrial Machinery subindustry, Aida Engineering'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.


Aida Engineering's Shiller PE Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Aida Engineering's Shiller PE Ratio falls into.



Aida Engineering 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, Aida Engineering'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)
=0.324/106.8000*106.8000
=0.324

Current CPI (Dec. 2023) = 106.8000.

Aida Engineering Quarterly Data

per share eps CPI Adj_EPS
201403 1.413 95.700 1.577
201406 2.039 98.000 2.222
201409 2.206 98.500 2.392
201412 2.336 97.900 2.548
201503 2.356 97.900 2.570
201506 2.009 98.400 2.181
201509 2.490 98.500 2.700
201512 1.754 98.100 1.910
201603 1.543 97.900 1.683
201606 1.518 98.100 1.653
201609 2.557 98.000 2.787
201612 1.135 98.400 1.232
201703 2.255 98.100 2.455
201706 1.425 98.500 1.545
201709 1.420 98.800 1.535
201712 1.068 99.400 1.148
201803 3.185 99.200 3.429
201806 1.385 99.200 1.491
201809 1.144 99.900 1.223
201812 1.511 99.700 1.619
201903 2.693 99.700 2.885
201906 1.287 99.800 1.377
201909 2.162 100.100 2.307
201912 1.179 100.500 1.253
202003 1.554 100.300 1.655
202006 -0.219 99.900 -0.234
202009 1.436 99.900 1.535
202012 0.748 99.300 0.804
202103 0.136 99.900 0.145
202106 0.344 99.500 0.369
202109 0.496 100.100 0.529
202112 0.450 100.100 0.480
202203 0.052 101.100 0.055
202206 -0.219 101.800 -0.230
202209 0.783 103.100 0.811
202212 0.345 104.100 0.354
202303 0.652 104.400 0.667
202306 0.560 105.200 0.569
202309 0.764 106.200 0.768
202312 0.324 106.800 0.324

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


Aida Engineering  (OTCPK:ADERY) 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.

Aida Engineering's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=59.8165/4.74
=12.62

* 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 Aida Engineering was 41.65. The lowest was 9.10. And the median was 14.07.


Be Aware

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


Aida Engineering E10 Related Terms

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


Aida Engineering (Aida Engineering) Business Description

Traded in Other Exchanges
Address
2-10 Ohyama-cho, Sagamihara, JPN, 2291181
Aida Engineering Ltd is a Japan-based company that manufactures, sells, and services press machines and their ancillary facilities. The company's principal products comprise general-purpose servo presses, midsize and large servo presses, precision forming presses, general-purpose presses, midsize and large presses, high-speed automatic presses, cold forging presses, transfer feeders, coil feeders, and tooling dies. The company's services include overhaul, preventative maintenance, press inspections, machine relocation, and others. The company generates sales in Japan, Asia, the Americas, and Europe.

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