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Nippon Carbon Co (Nippon Carbon Co) E10 : $2.04 (As of Dec. 2023)


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What is Nippon Carbon 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.

Nippon Carbon Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.892. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nippon Carbon Co's average E10 Growth Rate was 14.10% per year. During the past 3 years, the average E10 Growth Rate was 10.70% per year. During the past 5 years, the average E10 Growth Rate was 11.80% 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 Nippon Carbon Co was 14.30% per year. The lowest was 5.60% per year. And the median was 10.70% per year.

As of today (2024-05-16), Nippon Carbon Co's current stock price is $30.00. Nippon Carbon Co's E10 for the quarter that ended in Dec. 2023 was $2.04. Nippon Carbon Co's Shiller PE Ratio of today is 14.71.

During the past 13 years, the highest Shiller PE Ratio of Nippon Carbon Co was 65.91. The lowest was 12.11. And the median was 17.94.


Nippon Carbon Co E10 Historical Data

The historical data trend for Nippon Carbon 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.

Nippon Carbon Co E10 Chart

Nippon Carbon Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 1.77 2.06 1.88 2.04

Nippon Carbon Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.88 1.97 1.91 1.89 2.04

Competitive Comparison of Nippon Carbon Co's E10

For the Specialty Chemicals subindustry, Nippon Carbon 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.


Nippon Carbon Co's Shiller PE Ratio Distribution in the Chemicals Industry

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

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



Nippon Carbon 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, Nippon Carbon 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)
=0.892/106.8000*106.8000
=0.892

Current CPI (Dec. 2023) = 106.8000.

Nippon Carbon Co Quarterly Data

per share eps CPI Adj_EPS
201403 -0.098 95.700 -0.109
201406 0.146 98.000 0.159
201409 0.182 98.500 0.197
201412 0.386 97.900 0.421
201503 0.149 97.900 0.163
201506 0.289 98.400 0.314
201509 0.029 98.500 0.031
201512 0.312 98.100 0.340
201603 0.128 97.900 0.140
201606 -0.185 98.100 -0.201
201609 -1.090 98.000 -1.188
201612 -3.208 98.400 -3.482
201703 -0.090 98.100 -0.098
201706 0.374 98.500 0.406
201709 0.527 98.800 0.570
201712 1.574 99.400 1.691
201803 1.040 99.200 1.120
201806 2.066 99.200 2.224
201809 2.286 99.900 2.444
201812 3.007 99.700 3.221
201903 2.657 99.700 2.846
201906 1.962 99.800 2.100
201909 1.655 100.100 1.766
201912 1.755 100.500 1.865
202003 0.408 100.300 0.434
202006 0.579 99.900 0.619
202009 0.248 99.900 0.265
202012 0.301 99.300 0.324
202103 0.189 99.900 0.202
202106 0.544 99.500 0.584
202109 0.461 100.100 0.492
202112 1.016 100.100 1.084
202203 0.585 101.100 0.618
202206 0.756 101.800 0.793
202209 0.673 103.100 0.697
202212 0.163 104.100 0.167
202303 0.510 104.400 0.522
202306 0.772 105.200 0.784
202309 0.412 106.200 0.414
202312 0.892 106.800 0.892

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


Nippon Carbon Co  (OTCPK:NCRBF) 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.

Nippon Carbon Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=30.00/2.04
=14.71

* 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 Nippon Carbon Co was 65.91. The lowest was 12.11. And the median was 17.94.


Be Aware

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


Nippon Carbon Co E10 Related Terms

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


Nippon Carbon Co (Nippon Carbon Co) Business Description

Traded in Other Exchanges
Address
6-1, Hacchobori 2-chome, Chuo ku, Tokyo, JPN, 104-0032
Nippon Carbon Co Ltd engages in the manufacture and sale of carbon products. It provides products in following categories: Carbon Products, Silicon carbide products, and Others. The Carbon Products include artificial graphite electrode, impervious graphite products, isotropic high purity graphite products, a machine for graphite products, general purpose carbon fibers, and graphite fibers, containing resin graphite fibers made of packing, flexible graphite sealing material, and node material for lithium ion battery. Silicon carbide products are involved in the development and sale of ceramic matrix composite. Other category deals with manufacturing industrial machinery, mechanical repair, building and parking leasing.

Nippon Carbon Co (Nippon Carbon Co) Headlines

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