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Hulic Co (FRA:87W) E10 : €0.50 (As of Mar. 2024)


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What is Hulic 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.

Hulic Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.128. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hulic Co's average E10 Growth Rate was 13.70% per year. During the past 3 years, the average E10 Growth Rate was 47.40% 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 Hulic Co was 48.70% per year. The lowest was -1.20% per year. And the median was 47.40% per year.

As of today (2024-06-20), Hulic Co's current stock price is €8.20. Hulic Co's E10 for the quarter that ended in Mar. 2024 was €0.50. Hulic Co's Shiller PE Ratio of today is 16.40.

During the past 13 years, the highest Shiller PE Ratio of Hulic Co was 113.40. The lowest was 13.98. And the median was 38.15.


Hulic Co E10 Historical Data

The historical data trend for Hulic 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.

Hulic Co E10 Chart

Hulic Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.51 0.53

Hulic 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 0.53 0.48 0.50 0.53 0.50

Competitive Comparison of Hulic Co's E10

For the Real Estate Services subindustry, Hulic 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.


Hulic Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Hulic Co's Shiller PE Ratio distribution charts can be found below:

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



Hulic 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, Hulic Co'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)
=0.128/107.2000*107.2000
=0.128

Current CPI (Mar. 2024) = 107.2000.

Hulic Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.061 98.000 0.067
201409 0.036 98.500 0.039
201412 0.085 97.900 0.093
201503 0.100 97.900 0.109
201506 0.077 98.400 0.084
201509 0.096 98.500 0.104
201512 0.122 98.100 0.133
201603 0.121 97.900 0.132
201606 0.098 98.100 0.107
201609 0.112 98.000 0.123
201612 0.109 98.400 0.119
201703 0.086 98.100 0.094
201706 0.171 98.500 0.186
201709 0.074 98.800 0.080
201712 0.172 99.400 0.185
201803 0.102 99.200 0.110
201806 0.175 99.200 0.189
201809 0.113 99.900 0.121
201812 0.191 99.700 0.205
201903 0.080 99.700 0.086
201906 0.242 99.800 0.260
201909 0.135 100.100 0.145
201912 0.271 100.500 0.289
202003 0.166 100.300 0.177
202006 0.177 99.900 0.190
202009 0.014 99.900 0.015
202012 0.414 99.300 0.447
202103 0.146 99.900 0.157
202106 0.264 99.500 0.284
202109 0.052 100.100 0.056
202112 0.297 100.100 0.318
202203 0.184 101.100 0.195
202206 0.173 101.800 0.182
202209 0.108 103.100 0.112
202212 0.280 104.100 0.288
202303 0.202 104.400 0.207
202306 0.190 105.200 0.194
202309 0.121 106.200 0.122
202312 0.301 106.800 0.302
202403 0.128 107.200 0.128

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


Hulic Co  (FRA:87W) 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.

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

Shiller PE Ratio=Share Price/E10
=8.20/0.5
=16.40

* 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 Hulic Co was 113.40. The lowest was 13.98. And the median was 38.15.


Be Aware

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


Hulic Co E10 Related Terms

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


Hulic Co (FRA:87W) Business Description

Traded in Other Exchanges
Address
7-3 Nihonbashi Odenmacho, Chuo-ku, Tokyo, JPN
Hulic Co Ltd engages in real estate leasing of office buildings, residential properties, retail properties, hotels, and other properties across Tokyo. Although leasing is the core business, the company also operates a reconstruction business, development business, and investment business. Hulic's office buildings consist primarily of medium-sized offices and are constructed with quake-damping technology to ensure reliability and safety. Office buildings constitute nearly half of Hulic's portfolio. Aside from leasing condominiums, residential properties include housing built exclusively for the elderly. The group traditionally has staked its real estate business on accessibility by placing properties near stations and in metropolitan areas.

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