GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mitsubishi Materials Corp (FRA:MUJ) » Definitions » E10

Mitsubishi Materials (FRA:MUJ) E10 : €1.20 (As of Sep. 2024)


View and export this data going back to . Start your Free Trial

What is Mitsubishi Materials 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.

Mitsubishi Materials's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.179. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.20 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Mitsubishi Materials's average E10 Growth Rate was -0.80% per year. During the past 3 years, the average E10 Growth Rate was 0.80% per year. During the past 5 years, the average E10 Growth Rate was 2.50% 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 Mitsubishi Materials was 10.20% per year. The lowest was 0.80% per year. And the median was 3.90% per year.

As of today (2025-03-03), Mitsubishi Materials's current stock price is €15.40. Mitsubishi Materials's E10 for the quarter that ended in Sep. 2024 was €1.20. Mitsubishi Materials's Shiller PE Ratio of today is 12.83.

During the past 13 years, the highest Shiller PE Ratio of Mitsubishi Materials was 35.92. The lowest was 8.33. And the median was 14.20.


Mitsubishi Materials E10 Historical Data

The historical data trend for Mitsubishi Materials'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.

Mitsubishi Materials E10 Chart

Mitsubishi Materials 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 1.46 1.39 1.56 1.38 1.11

Mitsubishi Materials 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 1.23 1.11 1.15 1.20 -

Competitive Comparison of Mitsubishi Materials's E10

For the Other Industrial Metals & Mining subindustry, Mitsubishi Materials'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.


Mitsubishi Materials's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mitsubishi Materials's Shiller PE Ratio distribution charts can be found below:

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



Mitsubishi Materials 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, Mitsubishi Materials'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)
=0.179/108.9000*108.9000
=0.179

Current CPI (Sep. 2024) = 108.9000.

Mitsubishi Materials Quarterly Data

per share eps CPI Adj_EPS
201412 0.883 97.900 0.982
201503 0.930 97.900 1.034
201506 1.628 98.400 1.802
201509 0.915 98.500 1.012
201512 0.621 98.100 0.689
201603 0.289 97.900 0.321
201606 0.694 98.100 0.770
201609 1.256 98.000 1.396
201612 1.238 98.400 1.370
201703 -1.330 98.100 -1.476
201706 0.713 98.500 0.788
201709 0.493 98.800 0.543
201712 1.347 99.400 1.476
201803 -0.534 99.200 -0.586
201806 0.587 99.200 0.644
201809 0.290 99.900 0.316
201812 -0.121 99.700 -0.132
201903 -0.701 99.700 -0.766
201906 0.151 99.800 0.165
201909 0.135 100.100 0.147
201912 0.349 100.500 0.378
202003 -5.322 100.300 -5.778
202006 0.028 99.900 0.031
202009 -1.205 99.900 -1.314
202012 1.824 99.300 2.000
202103 0.792 99.900 0.863
202106 0.976 99.500 1.068
202109 1.256 100.100 1.366
202112 1.386 100.100 1.508
202203 -0.965 101.100 -1.039
202206 1.305 101.800 1.396
202209 -0.028 103.100 -0.030
202212 -1.206 104.100 -1.262
202303 1.028 104.400 1.072
202306 0.246 105.200 0.255
202309 0.300 106.200 0.308
202312 0.657 106.800 0.670
202403 0.244 107.200 0.248
202406 0.944 108.200 0.950
202409 0.179 108.900 0.179

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


Mitsubishi Materials  (FRA:MUJ) 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.

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

Shiller PE Ratio=Share Price/E10
=15.40/1.20
=12.83

* 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 Mitsubishi Materials was 35.92. The lowest was 8.33. And the median was 14.20.


Be Aware

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


Mitsubishi Materials E10 Related Terms

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


Mitsubishi Materials Business Description

Traded in Other Exchanges
Address
3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8117
Mitsubishi Materials Corp has operations across thirty countries and multiple divisions, including cement, metals, advanced materials and tools, electronic materials and components, and aluminum. The metals division, which accounts for roughly half of group revenue, is engaged in copper mine development, smelting, and processing, along with the production and sales of precious metals. The cement business is the group's second- largest division, engaged in the production and sale of Portland cement, ready-mixed concrete, and other cement-related products. The aluminum division manufactures aluminum beverage cans, rolled aluminum products, and processed products.

Mitsubishi Materials Headlines

From GuruFocus