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Kuraray Co (FRA:KUY) E10 : €0.62 (As of Mar. 2024)


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What is Kuraray 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.

Kuraray Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.396. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kuraray Co's average E10 Growth Rate was 10.40% per year. During the past 3 years, the average E10 Growth Rate was 7.10% per year. During the past 5 years, the average E10 Growth Rate was 1.60% 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 Kuraray Co was 7.10% per year. The lowest was -4.70% per year. And the median was 1.85% per year.

As of today (2024-06-04), Kuraray Co's current stock price is €11.00. Kuraray Co's E10 for the quarter that ended in Mar. 2024 was €0.62. Kuraray Co's Shiller PE Ratio of today is 17.74.

During the past 13 years, the highest Shiller PE Ratio of Kuraray Co was 28.31. The lowest was 10.67. And the median was 14.91.


Kuraray Co E10 Historical Data

The historical data trend for Kuraray 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.

Kuraray Co E10 Chart

Kuraray Co Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.64 0.63 0.66 0.64

Kuraray 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 0.64 0.61 0.62 0.64 0.62

Competitive Comparison of Kuraray Co's E10

For the Chemicals subindustry, Kuraray 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.


Kuraray Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kuraray Co's Shiller PE Ratio distribution charts can be found below:

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



Kuraray 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, Kuraray 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)
=0.396/107.2000*107.2000
=0.396

Current CPI (Mar. 2024) = 107.2000.

Kuraray Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.150 98.000 0.164
201409 0.201 98.500 0.219
201412 0.082 97.900 0.090
201503 0.252 97.900 0.276
201506 0.192 98.400 0.209
201509 0.230 98.500 0.250
201512 0.083 98.100 0.091
201603 0.269 97.900 0.295
201606 0.251 98.100 0.274
201609 0.298 98.000 0.326
201612 0.140 98.400 0.153
201703 0.359 98.100 0.392
201706 0.203 98.500 0.221
201709 0.285 98.800 0.309
201712 0.360 99.400 0.388
201803 0.329 99.200 0.356
201806 0.166 99.200 0.179
201809 0.234 99.900 0.251
201812 0.007 99.700 0.008
201903 0.139 99.700 0.149
201906 0.169 99.800 0.182
201909 0.149 100.100 0.160
201912 -0.511 100.500 -0.545
202003 0.164 100.300 0.175
202006 0.059 99.900 0.063
202009 0.140 99.900 0.150
202012 -0.290 99.300 -0.313
202103 0.119 99.900 0.128
202106 0.141 99.500 0.152
202109 0.379 100.100 0.406
202112 0.196 100.100 0.210
202203 0.284 101.100 0.301
202206 0.241 101.800 0.254
202209 0.481 103.100 0.500
202212 0.150 104.100 0.154
202303 0.170 104.400 0.175
202306 0.267 105.200 0.272
202309 0.277 106.200 0.280
202312 0.113 106.800 0.113
202403 0.396 107.200 0.396

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


Kuraray Co  (FRA:KUY) 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.

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

Shiller PE Ratio=Share Price/E10
=11.00/0.62
=17.74

* 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 Kuraray Co was 28.31. The lowest was 10.67. And the median was 14.91.


Be Aware

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


Kuraray Co E10 Related Terms

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


Kuraray Co (FRA:KUY) Business Description

Traded in Other Exchanges
Address
Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8115
Kuraray Co Ltd manufactures and sells specialty chemicals, fiber, and resin. The firm organizes itself into six segments based on product type. The Vinyl Acetate segment, which generates the most revenue of any segment, sells plastic films and resins for use in the food packaging and electronics industries. The Isoprene segment sells isoprene chemicals, thermoplastic elastomers, and liquid rubber. The Functional Materials segment sells dental materials, while the Fibers and Textiles segment sells fibers for cement and concrete, industrial products for automobiles, and hook and loop fasteners for clothing. The other two segments are Trading, and Other. The majority of revenue comes from Asia.

Kuraray Co (FRA:KUY) Headlines

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