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Nissan Motor Co (MEX:NSANY) E10 : MXN25.53 (As of Mar. 2024)


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What is Nissan Motor 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.

Nissan Motor Co's adjusted earnings per share data for the three months ended in Mar. 2024 was MXN6.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN25.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nissan Motor Co's average E10 Growth Rate was 3.80% per year. During the past 3 years, the average E10 Growth Rate was -0.60% per year. During the past 5 years, the average E10 Growth Rate was -9.00% per year. During the past 10 years, the average E10 Growth Rate was -2.30% 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 Motor Co was 58.20% per year. The lowest was -14.90% per year. And the median was 1.90% per year.

As of today (2024-06-23), Nissan Motor Co's current stock price is MXN237.00. Nissan Motor Co's E10 for the quarter that ended in Mar. 2024 was MXN25.53. Nissan Motor Co's Shiller PE Ratio of today is 9.28.

During the past 13 years, the highest Shiller PE Ratio of Nissan Motor Co was 17.23. The lowest was 3.65. And the median was 10.32.


Nissan Motor Co E10 Historical Data

The historical data trend for Nissan Motor 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.

Nissan Motor Co E10 Chart

Nissan Motor 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 48.81 26.11 27.78 29.80 25.53

Nissan Motor Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 29.80 25.79 23.91 28.01 25.53

Competitive Comparison of Nissan Motor Co's E10

For the Auto Manufacturers subindustry, Nissan Motor 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.


Nissan Motor Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

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



Nissan Motor 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, Nissan Motor 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)
=6/107.2000*107.2000
=6.000

Current CPI (Mar. 2024) = 107.2000.

Nissan Motor Co Quarterly Data

per share eps CPI Adj_EPS
201406 6.798 98.000 7.436
201409 7.447 98.500 8.105
201412 6.003 97.900 6.573
201503 7.172 97.900 7.853
201506 9.243 98.400 10.070
201509 11.595 98.500 12.619
201512 8.581 98.100 9.377
201603 5.180 97.900 5.672
201606 11.628 98.100 12.707
201609 13.803 98.000 15.099
201612 11.908 98.400 12.973
201703 21.017 98.100 22.967
201706 11.242 98.500 12.235
201709 11.861 98.800 12.869
201712 26.821 99.400 28.926
201803 14.785 99.200 15.977
201806 10.576 99.200 11.429
201809 11.130 99.900 11.943
201812 6.300 99.700 6.774
201903 0.220 99.700 0.237
201906 0.579 99.800 0.622
201909 5.533 100.100 5.925
201912 -2.306 100.500 -2.460
202003 -79.108 100.300 -84.550
202006 -31.326 99.900 -33.615
202009 -4.745 99.900 -5.092
202012 -3.699 99.300 -3.993
202103 -7.782 99.900 -8.351
202106 10.580 99.500 11.399
202109 5.163 100.100 5.529
202112 3.010 100.100 3.223
202203 1.219 101.100 1.293
202206 3.616 101.800 3.808
202209 1.247 103.100 1.297
202212 3.731 104.100 3.842
202303 7.360 104.400 7.557
202306 6.532 105.200 6.656
202309 11.480 106.200 11.588
202312 1.775 106.800 1.782
202403 6.000 107.200 6.000

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


Nissan Motor Co  (MEX:NSANY) 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 Motor Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=237.00/25.53
=9.28

* 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 Motor Co was 17.23. The lowest was 3.65. And the median was 10.32.


Be Aware

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


Nissan Motor Co E10 Related Terms

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


Nissan Motor Co (MEX:NSANY) Business Description

Address
1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa, JPN, 220-8686
While Nissan sold 3.3 million vehicles last fiscal year, total calendar 2022 Renault-Nissan-Mitsubishi alliance sales volume of 6.5 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 10.3 million, Volkswagen at 8.5 million, and Hyundai/Kia with 6.8 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Nissan is 43.4% owned by Renault, while Nissan in turn owns 15% of Renault. Nissan also owns a 34% stake in Mitsubishi Motors. Under a new alliance agreement expected to be completed before the end of December 2023, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company.

Nissan Motor Co (MEX:NSANY) Headlines

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