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Pigeon (FRA:9N3) E10 : €0.58 (As of Sep. 2024)


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What is Pigeon 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.

Pigeon's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.098. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.58 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Pigeon'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 Pigeon was 46.00% per year. The lowest was 5.50% per year. And the median was 10.80% per year.

As of today (2025-03-18), Pigeon's current stock price is €10.70. Pigeon's E10 for the quarter that ended in Sep. 2024 was €0.58. Pigeon's Shiller PE Ratio of today is 18.45.

During the past 13 years, the highest Shiller PE Ratio of Pigeon was 187.77. The lowest was 14.27. And the median was 38.57.


Pigeon E10 Historical Data

The historical data trend for Pigeon'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.

Pigeon E10 Chart

Pigeon Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.58 -

Pigeon Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.58 0.56 0.54 0.58 -

Competitive Comparison of Pigeon's E10

For the Household & Personal Products subindustry, Pigeon'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.


Pigeon's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pigeon's Shiller PE Ratio distribution charts can be found below:

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



Pigeon 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, Pigeon'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)
=0.098/108.9000*108.9000
=0.098

Current CPI (Sep. 2024) = 108.9000.

Pigeon Quarterly Data

per share eps CPI Adj_EPS
201410 0.140 98.200 0.155
201501 0.126 97.800 0.140
201504 0.159 98.400 0.176
201507 0.173 98.300 0.192
201510 0.155 98.500 0.171
201601 0.157 97.700 0.175
201604 0.167 98.100 0.185
201607 0.222 97.900 0.247
201610 0.220 98.600 0.243
201701 0.174 98.200 0.193
201704 0.246 98.500 0.272
201707 0.194 98.300 0.215
201710 0.248 98.800 0.273
201801 0.252 99.500 0.276
201804 0.244 99.100 0.268
201807 0.273 99.200 0.300
201810 0.266 100.200 0.289
201901 0.134 99.700 0.146
201904 0.209 100.000 0.228
201907 0.236 99.800 0.258
201910 0.210 100.400 0.228
202003 0.201 100.300 0.218
202006 0.206 99.900 0.225
202009 0.236 99.900 0.257
202012 0.085 99.300 0.093
202103 0.130 99.900 0.142
202106 0.194 99.500 0.212
202109 0.135 100.100 0.147
202112 0.104 100.100 0.113
202203 0.168 101.100 0.181
202206 0.081 101.800 0.087
202209 0.174 103.100 0.184
202212 0.095 104.100 0.099
202303 0.142 104.400 0.148
202306 0.116 105.200 0.120
202309 0.144 106.200 0.148
202312 0.008 106.800 0.008
202403 0.098 107.200 0.100
202406 0.082 108.200 0.083
202409 0.098 108.900 0.098

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


Pigeon  (FRA:9N3) 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.

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

Shiller PE Ratio=Share Price/E10
=10.70/0.58
=18.45

* 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 Pigeon was 187.77. The lowest was 14.27. And the median was 38.57.


Be Aware

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


Pigeon E10 Related Terms

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


Pigeon Business Description

Traded in Other Exchanges
Address
4-4, Nihonbashi-Hisamatsucho, Chuo-ku, Tokyo, JPN, 103-8480
Pigeon Corp is a Japanese household and personal product company that manufactures and sells baby- and child-care and maternity products, women's care items, and home healthcare products, among others. The business is divided into a domestic baby and mother care business, child-rearing support services, a healthcare and nursing care business, and overseas Business, and a Chinese business. The overseas business includes Asia (South Korea, Singapore, and India, among others), the Middle East (United Arab Emirates, among others), North America (the U.S. and Canada), and others (South Africa, Germany, and South America).

Pigeon Headlines

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