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JTEKT (FRA:6JK) E10 : €0.57 (As of Sep. 2024)


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What is JTEKT 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.

JTEKT's adjusted earnings per share data for the three months ended in Sep. 2024 was €-0.084. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.57 for the trailing ten years ended in Sep. 2024.

During the past 12 months, JTEKT's average E10 Growth Rate was -4.60% per year. During the past 3 years, the average E10 Growth Rate was 7.00% per year. During the past 5 years, the average E10 Growth Rate was 3.40% 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 JTEKT was 7.00% per year. The lowest was 0.70% per year. And the median was 1.35% per year.

As of today (2024-12-15), JTEKT's current stock price is €6.95. JTEKT's E10 for the quarter that ended in Sep. 2024 was €0.57. JTEKT's Shiller PE Ratio of today is 12.19.

During the past 13 years, the highest Shiller PE Ratio of JTEKT was 25.68. The lowest was 7.10. And the median was 13.17.


JTEKT E10 Historical Data

The historical data trend for JTEKT'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.

JTEKT E10 Chart

JTEKT 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 0.70 0.59 0.60 0.61 0.58

JTEKT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.61 0.62 0.58 0.55 0.57

Competitive Comparison of JTEKT's E10

For the Auto Parts subindustry, JTEKT'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.


JTEKT's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JTEKT's Shiller PE Ratio distribution charts can be found below:

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



JTEKT 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, JTEKT's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.084/108.9000*108.9000
=-0.084

Current CPI (Sep. 2024) = 108.9000.

JTEKT Quarterly Data

per share eps CPI Adj_EPS
201412 0.253 97.900 0.281
201503 0.168 97.900 0.187
201506 0.344 98.400 0.381
201509 0.260 98.500 0.287
201512 0.280 98.100 0.311
201603 0.175 97.900 0.195
201606 0.308 98.100 0.342
201609 0.003 98.000 0.003
201612 0.283 98.400 0.313
201703 0.556 98.100 0.617
201706 0.380 98.500 0.420
201709 0.275 98.800 0.303
201712 0.275 99.400 0.301
201803 0.187 99.200 0.205
201806 0.286 99.200 0.314
201809 0.143 99.900 0.156
201812 0.199 99.700 0.217
201903 -0.011 99.700 -0.012
201906 0.173 99.800 0.189
201909 -0.030 100.100 -0.033
201912 0.127 100.500 0.138
202003 -0.370 100.300 -0.402
202006 -0.606 99.900 -0.661
202009 0.027 99.900 0.029
202012 0.240 99.300 0.263
202103 0.325 99.900 0.354
202106 0.126 99.500 0.138
202109 0.023 100.100 0.025
202112 0.076 100.100 0.083
202203 0.235 101.100 0.253
202206 0.064 101.800 0.068
202209 0.187 103.100 0.198
202212 0.124 104.100 0.130
202303 0.325 104.400 0.339
202306 0.285 105.200 0.295
202309 0.150 106.200 0.154
202312 0.247 106.800 0.252
202403 0.069 107.200 0.070
202406 0.185 108.200 0.186
202409 -0.084 108.900 -0.084

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


JTEKT  (FRA:6JK) 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.

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

Shiller PE Ratio=Share Price/E10
=6.95/0.57
=12.19

* 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 JTEKT was 25.68. The lowest was 7.10. And the median was 13.17.


Be Aware

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


JTEKT E10 Related Terms

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


JTEKT Business Description

Traded in Other Exchanges
Address
No. 7-1, Meieki 4-chome, Nakamura-ku, 15th floor, Aichi Prefecture, Nagoya, JPN, 450-8515
JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company's largest business division by revenue produces steering systems and driveline components for automobiles and bearings to minimize energy loss used in wind generation, transportation, agriculture, and construction. The smaller machine tools and mechatronics division offers grinders, spindler and CNC machines, and production efficiency enhancement solutions. Jtekt's largest end market is Japan, while the company also generates sales in North America, Europe, and elsewhere in Asia.

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