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Nissan Chemical (FRA:NSC) E10 : €1.45 (As of Sep. 2024)


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What is Nissan Chemical 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.

Nissan Chemical's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.45 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Nissan Chemical's average E10 Growth Rate was 10.30% per year. During the past 3 years, the average E10 Growth Rate was 13.50% per year. During the past 5 years, the average E10 Growth Rate was 12.90% 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 Nissan Chemical was 13.50% per year. The lowest was 3.10% per year. And the median was 11.85% per year.

As of today (2024-12-14), Nissan Chemical's current stock price is €31.80. Nissan Chemical's E10 for the quarter that ended in Sep. 2024 was €1.45. Nissan Chemical's Shiller PE Ratio of today is 21.93.

During the past 13 years, the highest Shiller PE Ratio of Nissan Chemical was 55.98. The lowest was 19.75. And the median was 34.79.


Nissan Chemical E10 Historical Data

The historical data trend for Nissan Chemical'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.

Nissan Chemical E10 Chart

Nissan Chemical 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 1.12 1.14 1.27 1.35 1.34

Nissan Chemical Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.33 1.36 1.34 1.32 1.45

Competitive Comparison of Nissan Chemical's E10

For the Chemicals subindustry, Nissan Chemical'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.


Nissan Chemical's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



Nissan Chemical 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, Nissan Chemical'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)
=0.41/108.9000*108.9000
=0.410

Current CPI (Sep. 2024) = 108.9000.

Nissan Chemical Quarterly Data

per share eps CPI Adj_EPS
201412 0.127 97.900 0.141
201503 0.308 97.900 0.343
201506 0.330 98.400 0.365
201509 0.188 98.500 0.208
201512 0.179 98.100 0.199
201603 0.384 97.900 0.427
201606 0.374 98.100 0.415
201609 0.216 98.000 0.240
201612 0.195 98.400 0.216
201703 0.531 98.100 0.589
201706 0.419 98.500 0.463
201709 0.266 98.800 0.293
201712 0.226 99.400 0.248
201803 0.479 99.200 0.526
201806 0.461 99.200 0.506
201809 0.339 99.900 0.370
201812 0.181 99.700 0.198
201903 0.566 99.700 0.618
201906 0.435 99.800 0.475
201909 0.385 100.100 0.419
201912 0.174 100.500 0.189
202003 0.758 100.300 0.823
202006 0.432 99.900 0.471
202009 0.350 99.900 0.382
202012 0.247 99.300 0.271
202103 0.808 99.900 0.881
202106 0.465 99.500 0.509
202109 0.403 100.100 0.438
202112 0.510 100.100 0.555
202203 0.707 101.100 0.762
202206 0.693 101.800 0.741
202209 0.491 103.100 0.519
202212 0.352 104.100 0.368
202303 0.513 104.400 0.535
202306 0.571 105.200 0.591
202309 0.330 106.200 0.338
202312 0.296 106.800 0.302
202403 0.533 107.200 0.541
202406 0.493 108.200 0.496
202409 0.410 108.900 0.410

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


Nissan Chemical  (FRA:NSC) 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.

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

Shiller PE Ratio=Share Price/E10
=31.80/1.45
=21.93

* 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 Nissan Chemical was 55.98. The lowest was 19.75. And the median was 34.79.


Be Aware

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


Nissan Chemical E10 Related Terms

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


Nissan Chemical Business Description

Traded in Other Exchanges
Address
7-1 Kanda Nishiki-Cho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-0054
Nissan Chemical Corp manufactures and sells chemicals, semiconductors, and pharmaceutical products. The firm organizes itself into six segments based on product type. The Performance Materials segment, which generates the majority of revenue of any segment, sells resins for liquid-crystal display screens and semiconductors. The Agrochemicals segment sells herbicides, insecticides, and fungicides to the agriculture industry. The Chemicals segment sells melamine, ammonia, and fine chemical products. The Pharmaceuticals segment sells anti-cholesterol agents under the Livalo brand. The other two segments are Trading and Other. The majority of revenue comes from Japan.