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Mitsubishi HC Capital (FRA:5B4) E10 : €0.46 (As of Dec. 2023)


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What is Mitsubishi HC Capital 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.

Mitsubishi HC Capital's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.123. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.46 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mitsubishi HC Capital'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 Mitsubishi HC Capital was 7.70% per year. The lowest was 6.80% per year. And the median was 7.50% per year.

As of today (2024-05-27), Mitsubishi HC Capital's current stock price is €5.75. Mitsubishi HC Capital's E10 for the quarter that ended in Dec. 2023 was €0.46. Mitsubishi HC Capital's Shiller PE Ratio of today is 12.50.

During the past 13 years, the highest Shiller PE Ratio of Mitsubishi HC Capital was 16.99. The lowest was 7.70. And the median was 10.92.


Mitsubishi HC Capital E10 Historical Data

The historical data trend for Mitsubishi HC Capital'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.

Mitsubishi HC Capital E10 Chart

Mitsubishi HC Capital 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 - 0.45 0.46 0.46 -

Mitsubishi HC Capital 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 0.46 0.44 0.44 0.46 -

Competitive Comparison of Mitsubishi HC Capital's E10

For the Credit Services subindustry, Mitsubishi HC Capital'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.


Mitsubishi HC Capital's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Mitsubishi HC Capital's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mitsubishi HC Capital's Shiller PE Ratio falls into.



Mitsubishi HC Capital 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, Mitsubishi HC Capital'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)
=0.123/106.8000*106.8000
=0.123

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi HC Capital Quarterly Data

per share eps CPI Adj_EPS
201403 0.071 95.700 0.079
201406 0.085 98.000 0.093
201409 0.098 98.500 0.106
201412 0.083 97.900 0.091
201503 0.092 97.900 0.100
201506 0.103 98.400 0.112
201509 0.134 98.500 0.145
201512 0.133 98.100 0.145
201603 0.089 97.900 0.097
201606 0.148 98.100 0.161
201609 0.133 98.000 0.145
201612 0.130 98.400 0.141
201703 0.090 98.100 0.098
201706 0.133 98.500 0.144
201709 0.143 98.800 0.155
201712 0.112 99.400 0.120
201803 0.159 99.200 0.171
201806 0.142 99.200 0.153
201809 0.141 99.900 0.151
201812 0.156 99.700 0.167
201903 0.163 99.700 0.175
201906 0.157 99.800 0.168
201909 0.199 100.100 0.212
201912 0.174 100.500 0.185
202003 0.128 100.300 0.136
202006 0.131 99.900 0.140
202009 0.093 99.900 0.099
202012 0.143 99.300 0.154
202103 0.126 99.900 0.135
202106 0.174 99.500 0.187
202109 0.146 100.100 0.156
202112 0.082 100.100 0.087
202203 0.126 101.100 0.133
202206 0.157 101.800 0.165
202209 0.152 103.100 0.157
202212 0.110 104.100 0.113
202303 0.147 104.400 0.150
202306 0.159 105.200 0.161
202309 0.078 106.200 0.078
202312 0.123 106.800 0.123

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


Mitsubishi HC Capital  (FRA:5B4) 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.

Mitsubishi HC Capital's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.75/0.46
=12.50

* 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 Mitsubishi HC Capital was 16.99. The lowest was 7.70. And the median was 10.92.


Be Aware

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


Mitsubishi HC Capital E10 Related Terms

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


Mitsubishi HC Capital (FRA:5B4) Business Description

Traded in Other Exchanges
Address
5-1, Marunouchi 1-chome, Shin-Marunouchi Building, Chiyoda-ku, Tokyo, JPN, 100-6525
Mitsubishi HC Capital Inc is a provider of leases and rental solutions. It offers finance leases, operating leases, real estate leases, auto leases, carbon-neutral and green leases, personal computer rentals, measuring equipment rentals, machine tool rentals, as well as real estate-related finance, sales receivable factoring, medical fee factoring, installment sales, used machinery purchasing and sales, and insurance, among others.

Mitsubishi HC Capital (FRA:5B4) Headlines

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