GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Morita Holdings Corp (GREY:MRTAF) » Definitions » E10

Morita Holdings (Morita Holdings) E10 : $0.00 (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Morita Holdings E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Morita Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Morita Holdings's average E10 Growth Rate was 6.70% per year. During the past 3 years, the average E10 Growth Rate was 5.80% per year. During the past 5 years, the average E10 Growth Rate was 7.00% 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 Morita Holdings was 14.00% per year. The lowest was 5.80% per year. And the median was 7.35% per year.

As of today (2024-06-19), Morita Holdings's current stock price is $6.1853. Morita Holdings's E10 for the quarter that ended in Mar. 2024 was $0.00. Morita Holdings's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Morita Holdings was 42.95. The lowest was 9.48. And the median was 15.85.


Morita Holdings E10 Historical Data

The historical data trend for Morita Holdings'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.

Morita Holdings E10 Chart

Morita Holdings 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 - - - - -

Morita Holdings 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 - - - - -

Competitive Comparison of Morita Holdings's E10

For the Specialty Industrial Machinery subindustry, Morita Holdings'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.


Morita Holdings's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Morita Holdings 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, Morita Holdings'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)
=0/107.2000*107.2000
=0.000

Current CPI (Mar. 2024) = 107.2000.

Morita Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 -0.068 98.000 -0.074
201409 0.224 98.500 0.244
201412 0.324 97.900 0.355
201503 0.385 97.900 0.422
201506 0.027 98.400 0.029
201509 0.141 98.500 0.153
201512 0.320 98.100 0.350
201603 0.360 97.900 0.394
201606 -0.038 98.100 -0.042
201609 0.322 98.000 0.352
201612 0.441 98.400 0.480
201703 0.474 98.100 0.518
201706 -0.058 98.500 -0.063
201709 0.190 98.800 0.206
201712 0.375 99.400 0.404
201803 0.659 99.200 0.712
201806 -0.089 99.200 -0.096
201809 0.231 99.900 0.248
201812 0.357 99.700 0.384
201903 0.766 99.700 0.824
201906 -0.066 99.800 -0.071
201909 0.489 100.100 0.524
201912 0.305 100.500 0.325
202003 0.697 100.300 0.745
202006 -0.092 99.900 -0.099
202009 0.199 99.900 0.214
202012 0.000 99.300 0.000
202103 0.000 99.900 0.000
202106 0.000 99.500 0.000
202109 0.000 100.100 0.000
202112 0.000 100.100 0.000
202203 0.000 101.100 0.000
202206 0.000 101.800 0.000
202209 0.000 103.100 0.000
202212 0.000 104.100 0.000
202303 0.000 104.400 0.000
202306 0.000 105.200 0.000
202309 0.000 106.200 0.000
202312 0.000 106.800 0.000
202403 0.000 107.200 0.000

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


Morita Holdings  (GREY:MRTAF) 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.

During the past 13 years, the highest Shiller P/E Ratio of Morita Holdings was 42.95. The lowest was 9.48. And the median was 15.85.


Be Aware

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


Morita Holdings E10 Related Terms

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


Morita Holdings (Morita Holdings) Business Description

Traded in Other Exchanges
Address
Doshumachi 3-6-1, Keihanshin Midosuji Building 12th Floor, Chuo-ku, Osaka, JPN, 541-0045
Morita Holdings Corp and its subsidiaries are in the business of manufacturing and selling fire trucks, fire extinguishers and equipment, recycling machines, environmental conservation vehicles and support wear and also manufacturing and sales of electronic applied machinery and information processing machinery, fabrication repair and sales of specialized vehicles.

Morita Holdings (Morita Holdings) Headlines

No Headlines