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KPTCY (Kansai Paint Co) E10 : $0.33 (As of Mar. 2024)


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What is Kansai Paint 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.

Kansai Paint Co's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.205. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kansai Paint Co's average E10 Growth Rate was 27.70% per year. During the past 3 years, the average E10 Growth Rate was 13.40% per year. During the past 5 years, the average E10 Growth Rate was 8.10% 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 Kansai Paint Co was 13.40% per year. The lowest was -0.30% per year. And the median was 4.85% per year.

As of today (2024-09-23), Kansai Paint Co's current stock price is $8.44. Kansai Paint Co's E10 for the quarter that ended in Mar. 2024 was $0.33. Kansai Paint Co's Shiller PE Ratio of today is 25.58.

During the past 13 years, the highest Shiller PE Ratio of Kansai Paint Co was 45.73. The lowest was 18.82. And the median was 30.14.


Kansai Paint Co E10 Historical Data

The historical data trend for Kansai Paint 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.

Kansai Paint Co E10 Chart

Kansai Paint Co 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 - 0.35 0.32 0.32 0.33

Kansai Paint Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.35 0.36 0.34 0.33 -

Competitive Comparison of Kansai Paint Co's E10

For the Specialty Chemicals subindustry, Kansai Paint 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.


Kansai Paint Co's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



Kansai Paint 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, Kansai Paint 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)
=0.205/107.2000*107.2000
=0.205

Current CPI (Mar. 2024) = 107.2000.

Kansai Paint Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.068 98.000 0.074
201409 0.088 98.500 0.096
201412 0.079 97.900 0.087
201503 0.103 97.900 0.113
201506 0.082 98.400 0.089
201509 0.077 98.500 0.084
201512 0.098 98.100 0.107
201603 0.193 97.900 0.211
201606 0.080 98.100 0.087
201609 0.105 98.000 0.115
201612 0.104 98.400 0.113
201703 0.093 98.100 0.102
201706 0.089 98.500 0.097
201709 0.104 98.800 0.113
201712 0.080 99.400 0.086
201803 -0.008 99.200 -0.009
201806 0.062 99.200 0.067
201809 0.114 99.900 0.122
201812 0.077 99.700 0.083
201903 0.008 99.700 0.009
201906 0.065 99.800 0.070
201909 0.094 100.100 0.101
201912 0.106 100.500 0.113
202003 0.038 100.300 0.041
202006 0.036 99.900 0.039
202009 0.036 99.900 0.039
202012 0.144 99.300 0.155
202103 0.125 99.900 0.134
202106 0.088 99.500 0.095
202109 0.101 100.100 0.108
202112 0.098 100.100 0.105
202203 0.135 101.100 0.143
202206 0.089 101.800 0.094
202209 0.085 103.100 0.088
202212 0.071 104.100 0.073
202303 0.132 104.400 0.136
202306 0.582 105.200 0.593
202309 0.131 106.200 0.132
202312 0.115 106.800 0.115
202403 0.205 107.200 0.205

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


Kansai Paint Co  (OTCPK:KPTCY) 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.

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

Shiller PE Ratio=Share Price/E10
=8.44/0.33
=25.58

* 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 Kansai Paint Co was 45.73. The lowest was 18.82. And the median was 30.14.


Be Aware

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


Kansai Paint Co E10 Related Terms

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


Kansai Paint Co Business Description

Traded in Other Exchanges
Address
6-14, Imabashi 2-chome, Chuo-ku, Osaka, JPN, 541-8523
Kansai Paint Co Ltd manufactures and sells a variety of coatings and paint products. The company sells five primary types of products: automotive coatings; automotive refinish coatings; decorative coatings; protection coatings; and industrial coatings. The firm's automotive coatings include clear coat paints, top coat paints, and primers. The industrial coatings include paint and coatings for bridges, roads, storage tanks, power plants, and manufacturing facilities. Kansai Paint sells its products primarily to the automotive, marine, and construction industries.

Kansai Paint Co Headlines

From GuruFocus

David Herro Comments on Kansai Paint

By Sydnee Gatewood 04-12-2023