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Mitsubishi (Mitsubishi) E10 : $0.83 (As of Mar. 2024)


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What is Mitsubishi 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.

Mitsubishi's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.385. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mitsubishi's average E10 Growth Rate was 15.20% per year. During the past 3 years, the average E10 Growth Rate was 19.30% 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 Mitsubishi was 19.30% per year. The lowest was 19.30% per year. And the median was 19.30% per year.

As of today (2024-06-11), Mitsubishi's current stock price is $21.23. Mitsubishi's E10 for the quarter that ended in Mar. 2024 was $0.83. Mitsubishi's Shiller PE Ratio of today is 25.58.

During the past 13 years, the highest Shiller PE Ratio of Mitsubishi was 54.73. The lowest was 8.97. And the median was 14.82.


Mitsubishi E10 Historical Data

The historical data trend for Mitsubishi'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.

Mitsubishi E10 Chart

Mitsubishi 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 - - - - 0.83

Mitsubishi 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 - 0.64 0.82 0.89 0.83

Competitive Comparison of Mitsubishi's E10

For the Conglomerates subindustry, Mitsubishi'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.


Mitsubishi's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitsubishi's Shiller PE Ratio distribution charts can be found below:

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



Mitsubishi 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, Mitsubishi'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)
=0.385/107.2000*107.2000
=0.385

Current CPI (Mar. 2024) = 107.2000.

Mitsubishi Quarterly Data

per share eps CPI Adj_EPS
201406 0.218 98.000 0.238
201409 0.277 98.500 0.301
201412 0.104 97.900 0.114
201503 0.145 97.900 0.159
201506 0.124 98.400 0.135
201509 0.139 98.500 0.151
201512 0.147 98.100 0.161
201603 -0.720 97.900 -0.788
201606 0.201 98.100 0.220
201609 0.163 98.000 0.178
201612 0.347 98.400 0.378
201703 0.128 98.100 0.140
201706 0.223 98.500 0.243
201709 0.258 98.800 0.280
201712 0.301 99.400 0.325
201803 0.285 99.200 0.308
201806 0.390 99.200 0.421
201809 0.196 99.900 0.210
201812 0.248 99.700 0.267
201903 0.280 99.700 0.301
201906 0.314 99.800 0.337
201909 0.162 100.100 0.173
201912 0.263 100.500 0.281
202003 0.332 100.300 0.355
202006 0.077 99.900 0.083
202009 0.107 99.900 0.115
202012 0.179 99.300 0.193
202103 0.007 99.900 0.008
202106 0.384 99.500 0.414
202109 0.353 100.100 0.378
202112 0.562 100.100 0.602
202203 0.535 101.100 0.567
202206 0.898 101.800 0.946
202209 0.295 103.100 0.307
202212 0.399 104.100 0.411
202303 0.388 104.400 0.398
202306 0.525 105.200 0.535
202309 0.237 106.200 0.239
202312 0.383 106.800 0.384
202403 0.385 107.200 0.385

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


Mitsubishi  (OTCPK:MTSUY) 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.

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

Shiller PE Ratio=Share Price/E10
=21.23/0.83
=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 Mitsubishi was 54.73. The lowest was 8.97. And the median was 14.82.


Be Aware

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


Mitsubishi E10 Related Terms

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


Mitsubishi (Mitsubishi) Business Description

Traded in Other Exchanges
Address
Mitsubishi Shoji Building 3-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8086
Mitsubishi Corp is a conglomerate that operates businesses in various industries. Its operating segments include Natural Gas, Industrial materials, Petroleum & chemicals, Mineral resource, Industrial Infrastructure, Automotive, Food & Consumer Industry, Power Solution, and Urban Development.