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Meiko Electronics Co (Meiko Electronics Co) E10 : $0.63 (As of Dec. 2023)


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What is Meiko Electronics 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.

Meiko Electronics Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.665. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.63 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Meiko Electronics Co's average E10 Growth Rate was -100.00% 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 Meiko Electronics Co was 44.20% per year. The lowest was 44.20% per year. And the median was 44.20% per year.

As of today (2024-06-14), Meiko Electronics Co's current stock price is $26.05. Meiko Electronics Co's E10 for the quarter that ended in Dec. 2023 was $0.63. Meiko Electronics Co's Shiller PE Ratio of today is 41.35.

During the past 13 years, the highest Shiller PE Ratio of Meiko Electronics Co was 405.78. The lowest was 32.21. And the median was 46.16.


Meiko Electronics Co E10 Historical Data

The historical data trend for Meiko Electronics 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.

Meiko Electronics Co E10 Chart

Meiko Electronics 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 - - - - -

Meiko Electronics 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 - - - 0.63 -

Competitive Comparison of Meiko Electronics Co's E10

For the Electronic Components subindustry, Meiko Electronics 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.


Meiko Electronics Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Meiko Electronics Co's Shiller PE Ratio distribution charts can be found below:

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



Meiko Electronics 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, Meiko Electronics Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.665/106.8000*106.8000
=0.665

Current CPI (Dec. 2023) = 106.8000.

Meiko Electronics Co Quarterly Data

per share eps CPI Adj_EPS
201403 -0.400 95.700 -0.446
201406 -0.528 98.000 -0.575
201409 0.327 98.500 0.355
201412 0.333 97.900 0.363
201503 -3.211 97.900 -3.503
201506 -2.893 98.400 -3.140
201509 -0.217 98.500 -0.235
201512 0.055 98.100 0.060
201603 -0.467 97.900 -0.509
201606 -0.574 98.100 -0.625
201609 0.384 98.000 0.418
201612 0.356 98.400 0.386
201703 0.303 98.100 0.330
201706 0.128 98.500 0.139
201709 0.513 98.800 0.555
201712 0.513 99.400 0.551
201803 0.226 99.200 0.243
201806 0.792 99.200 0.853
201809 1.039 99.900 1.111
201812 0.490 99.700 0.525
201903 -0.010 99.700 -0.011
201906 0.388 99.800 0.415
201909 0.451 100.100 0.481
201912 0.585 100.500 0.622
202003 -0.515 100.300 -0.548
202006 -0.027 99.900 -0.029
202009 0.098 99.900 0.105
202012 0.395 99.300 0.425
202103 1.186 99.900 1.268
202106 0.633 99.500 0.679
202109 0.836 100.100 0.892
202112 1.257 100.100 1.341
202203 1.175 101.100 1.241
202206 1.151 101.800 1.208
202209 0.671 103.100 0.695
202212 0.203 104.100 0.208
202303 0.504 104.400 0.516
202306 0.624 105.200 0.633
202309 0.781 106.200 0.785
202312 0.665 106.800 0.665

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


Meiko Electronics Co  (OTCPK:MKOEF) 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.

Meiko Electronics Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=26.05/0.63
=41.35

* 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 Meiko Electronics Co was 405.78. The lowest was 32.21. And the median was 46.16.


Be Aware

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


Meiko Electronics Co E10 Related Terms

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


Meiko Electronics Co (Meiko Electronics Co) Business Description

Traded in Other Exchanges
Address
5-14-15, Ogami, Kanagawa Prefecture, Ayase, JPN, 252-1104
Meiko Electronics Co., Ltd. is a Japan-based company. The company is engaged in manufacturing of anyLayer high density interconnect, high heat dissipation printed circuit boards (PCBs) and high electric current PCBs, solder stencils, electronic manufacturing services, industrial equipment, and imaging equipment. The company operates in one business segment that is Printed Circuit Boards. Geographically the company exports its products to Asia, North America, Europe, and Other regions.

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