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Kubota (FRA:KUOA) E10 : €4.20 (As of Mar. 2024)


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What is Kubota 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.

Kubota's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.905. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kubota's average E10 Growth Rate was 9.60% per year. During the past 3 years, the average E10 Growth Rate was 10.40% per year. During the past 5 years, the average E10 Growth Rate was 9.40% per year. During the past 10 years, the average E10 Growth Rate was 10.30% 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 Kubota was 35.90% per year. The lowest was -5.60% per year. And the median was 10.00% per year.

As of today (2024-06-12), Kubota's current stock price is €64.50. Kubota's E10 for the quarter that ended in Mar. 2024 was €4.20. Kubota's Shiller PE Ratio of today is 15.36.

During the past 13 years, the highest Shiller PE Ratio of Kubota was 32.69. The lowest was 12.38. And the median was 21.76.


Kubota E10 Historical Data

The historical data trend for Kubota'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.

Kubota E10 Chart

Kubota Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.89 3.95 4.25 4.33 4.30

Kubota 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 4.34 4.11 4.15 4.30 4.20

Competitive Comparison of Kubota's E10

For the Farm & Heavy Construction Machinery subindustry, Kubota'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.


Kubota's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kubota's Shiller PE Ratio distribution charts can be found below:

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



Kubota 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, Kubota'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)
=1.905/107.2000*107.2000
=1.905

Current CPI (Mar. 2024) = 107.2000.

Kubota Quarterly Data

per share eps CPI Adj_EPS
201406 0.965 98.000 1.056
201409 1.910 98.500 2.079
201412 0.960 97.900 1.051
201503 1.172 97.900 1.283
201506 1.136 98.400 1.238
201509 0.997 98.500 1.085
201512 1.133 98.100 1.238
201603 1.161 97.900 1.271
201606 0.882 98.100 0.964
201609 1.083 98.000 1.185
201612 1.297 98.400 1.413
201703 0.982 98.100 1.073
201706 1.389 98.500 1.512
201709 1.133 98.800 1.229
201712 0.793 99.400 0.855
201803 0.937 99.200 1.013
201806 1.327 99.200 1.434
201809 1.055 99.900 1.132
201812 1.039 99.700 1.117
201903 1.205 99.700 1.296
201906 1.462 99.800 1.570
201909 1.425 100.100 1.526
201912 0.900 100.500 0.960
202003 0.719 100.300 0.768
202006 1.315 99.900 1.411
202009 1.225 99.900 1.315
202012 1.051 99.300 1.135
202103 1.692 99.900 1.816
202106 1.588 99.500 1.711
202109 1.395 100.100 1.494
202112 0.910 100.100 0.975
202203 1.614 101.100 1.711
202206 1.208 101.800 1.272
202209 1.249 103.100 1.299
202212 0.669 104.100 0.689
202303 2.030 104.400 2.084
202306 1.646 105.200 1.677
202309 1.439 106.200 1.453
202312 1.520 106.800 1.526
202403 1.905 107.200 1.905

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


Kubota  (FRA:KUOA) 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.

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

Shiller PE Ratio=Share Price/E10
=64.50/4.2
=15.36

* 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 Kubota was 32.69. The lowest was 12.38. And the median was 21.76.


Be Aware

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


Kubota E10 Related Terms

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


Kubota (FRA:KUOA) Business Description

Traded in Other Exchanges
Address
2-47, Shikitsuhigashi 1-Chome, Naniwa-ku, Osaka, JPN, 556-8601
Kubota manufactures and sells small and midsize agricultural and construction equipment as well as water treatment equipment. Its key products in the farm and industrial machinery segment include compact/utility tractors, mini excavators, compact track loaders, engines, and rice farming equipment, such as combine harvesters as well as rice transplanters. The company has produced over 5.4 million units of tractors worldwide and over 30 million units of engines. Its water and environment segment provides mainly pipe system products like ductile iron pipes and valves, water/waste treatment plants, pumps, as well as operation and maintenance services, including public-private partnership projects. The company is based in Osaka, Japan, and was founded in 1890.

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