GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nisso Pronity Co Ltd (FSE:3440) » Definitions » E10

Nisso Pronity Co (FSE:3440) E10 : 円99.74 (As of Feb. 2024)


View and export this data going back to 1983. Start your Free Trial

What is Nisso Pronity 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.

Nisso Pronity Co's adjusted earnings per share data for the three months ended in Feb. 2024 was 円51.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円99.74 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Nisso Pronity Co's average E10 Growth Rate was -9.70% 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.

As of today (2024-05-24), Nisso Pronity Co's current stock price is 円684.00. Nisso Pronity Co's E10 for the quarter that ended in Feb. 2024 was 円99.74. Nisso Pronity Co's Shiller PE Ratio of today is 6.86.

During the past 12 years, the highest Shiller PE Ratio of Nisso Pronity Co was 8.30. The lowest was 3.56. And the median was 4.73.


Nisso Pronity Co E10 Historical Data

The historical data trend for Nisso Pronity 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.

Nisso Pronity Co E10 Chart

Nisso Pronity Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 294.42 184.88

Nisso Pronity Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 304.81 234.41 184.88 144.21 99.74

Competitive Comparison of Nisso Pronity Co's E10

For the Metal Fabrication subindustry, Nisso Pronity 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.


Nisso Pronity Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nisso Pronity Co's Shiller PE Ratio distribution charts can be found below:

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



Nisso Pronity 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, Nisso Pronity Co's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=51.93/106.9000*106.9000
=51.930

Current CPI (Feb. 2024) = 106.9000.

Nisso Pronity Co Quarterly Data

per share eps CPI Adj_EPS
201405 52.870 98.100 57.613
201408 121.150 98.300 131.749
201411 77.370 97.900 84.483
201502 44.380 97.600 48.609
201505 21.860 98.700 23.676
201508 48.910 98.400 53.135
201511 29.070 98.100 31.678
201602 24.640 97.800 26.933
201605 -4.210 98.200 -4.583
201608 4.779 97.900 5.218
201611 3.780 98.600 4.098
201702 23.967 98.100 26.117
201705 33.330 98.600 36.136
201708 26.840 98.500 29.129
201711 18.750 99.100 20.226
201802 11.100 99.500 11.926
201805 36.414 99.300 39.201
201808 62.110 99.800 66.529
201811 45.060 100.000 48.169
201902 80.350 99.700 86.153
201905 70.110 100.000 74.948
201908 7.070 100.000 7.558
201911 26.470 100.500 28.156
202002 39.800 100.300 42.419
202005 10.760 100.100 11.491
202008 4.670 100.100 4.987
202011 18.620 99.500 20.005
202102 9.190 99.800 9.844
202105 14.100 99.400 15.164
202108 23.350 99.700 25.036
202111 6.520 100.100 6.963
202202 -0.070 100.700 -0.074
202205 23.470 101.800 24.646
202208 -6.420 102.700 -6.683
202211 11.510 103.900 11.842
202302 249.600 104.000 256.560
202305 22.040 105.100 22.417
202308 -51.300 105.900 -51.784
202311 40.110 106.900 40.110
202402 51.930 106.900 51.930

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


Nisso Pronity Co  (FSE:3440) 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.

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

Shiller PE Ratio=Share Price/E10
=684.00/99.74
=6.86

* 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 12 years, the highest Shiller P/E Ratio of Nisso Pronity Co was 8.30. The lowest was 3.56. And the median was 4.73.


Be Aware

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


Nisso Pronity Co E10 Related Terms

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


Nisso Pronity Co (FSE:3440) Business Description

Traded in Other Exchanges
Address
1-15-29 Mukono, Minami-ku, Fukuoka-shi, JPN, 815-0035
Nisso Pronity Co Ltd operates in the metal-processing industry. The company offers processing equipment include bending robot, network compliant press brake, linear drive laser machine, fully automatic panel vendor, leveler shear line.

Nisso Pronity Co (FSE:3440) Headlines

No Headlines