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JVCZY (JVCKenwood) E10 : $1.12 (As of Sep. 2024)


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What is JVCKenwood 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.

JVCKenwood's adjusted earnings per share data for the three months ended in Sep. 2024 was $1.029. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.12 for the trailing ten years ended in Sep. 2024.

During the past 12 months, JVCKenwood's average E10 Growth Rate was 58.10% per year. During the past 3 years, the average E10 Growth Rate was 48.20% 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 JVCKenwood was 53.60% per year. The lowest was 48.20% per year. And the median was 50.90% per year.

As of today (2025-01-18), JVCKenwood's current stock price is $33.01. JVCKenwood's E10 for the quarter that ended in Sep. 2024 was $1.12. JVCKenwood's Shiller PE Ratio of today is 29.47.

During the past 13 years, the highest Shiller PE Ratio of JVCKenwood was 93.02. The lowest was 17.43. And the median was 26.74.


JVCKenwood E10 Historical Data

The historical data trend for JVCKenwood'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.

JVCKenwood E10 Chart

JVCKenwood 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 0.24 0.35 0.37 0.52 0.60

JVCKenwood 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 0.73 0.71 0.60 0.72 1.12

Competitive Comparison of JVCKenwood's E10

For the Auto Parts subindustry, JVCKenwood'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.


JVCKenwood's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, JVCKenwood's Shiller PE Ratio distribution charts can be found below:

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



JVCKenwood 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, JVCKenwood'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)
=1.029/108.9000*108.9000
=1.029

Current CPI (Sep. 2024) = 108.9000.

JVCKenwood Quarterly Data

per share eps CPI Adj_EPS
201412 0.575 97.900 0.640
201503 1.271 97.900 1.414
201506 -0.545 98.400 -0.603
201509 -0.586 98.500 -0.648
201512 -0.161 98.100 -0.179
201603 2.257 97.900 2.511
201606 -0.731 98.100 -0.811
201609 -0.867 98.000 -0.963
201612 -1.241 98.400 -1.373
201703 1.944 98.100 2.158
201706 -0.192 98.500 -0.212
201709 0.358 98.800 0.395
201712 0.173 99.400 0.190
201803 0.238 99.200 0.261
201806 0.070 99.200 0.077
201809 0.353 99.900 0.385
201812 0.390 99.700 0.426
201903 0.054 99.700 0.059
201906 0.200 99.800 0.218
201909 0.073 100.100 0.079
201912 0.116 100.500 0.126
202003 -0.174 100.300 -0.189
202006 -0.813 99.900 -0.886
202009 -0.164 99.900 -0.179
202012 1.126 99.300 1.235
202103 0.372 99.900 0.406
202106 0.326 99.500 0.357
202109 -0.383 100.100 -0.417
202112 0.163 100.100 0.177
202203 1.106 101.100 1.191
202206 -0.045 101.800 -0.048
202209 0.669 103.100 0.707
202212 2.143 104.100 2.242
202303 0.131 104.400 0.137
202306 0.616 105.200 0.638
202309 0.571 106.200 0.586
202312 0.750 106.800 0.765
202403 0.373 107.200 0.379
202406 0.918 108.200 0.924
202409 1.029 108.900 1.029

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


JVCKenwood  (OTCPK:JVCZY) 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.

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

Shiller PE Ratio=Share Price/E10
=33.01/1.12
=29.47

* 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 JVCKenwood was 93.02. The lowest was 17.43. And the median was 26.74.


Be Aware

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


JVCKenwood E10 Related Terms

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


JVCKenwood Business Description

Traded in Other Exchanges
Address
3-12, Moriyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0022
JVCKenwood Corp is involved in manufacturing and sale of electronic and entertainment products. Its Business divisions include Automotive Sector, Public Service Sector and Media Service Sector. The product portfolio of the company comprise of Car Navigation systems, Dashcams, Car Speakers, Security systems, Projectors and Audio and video contents among others.

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