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Daisan Bank (NGO:8529) E10 : 円0.00 (As of Mar. 2018)


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What is Daisan Bank 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.

Daisan Bank's adjusted earnings per share data for the three months ended in Mar. 2018 was 円39.740. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円0.00 for the trailing ten years ended in Mar. 2018.

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.

As of today (2024-06-08), Daisan Bank's current stock price is 円1800.00. Daisan Bank's E10 for the quarter that ended in Mar. 2018 was 円0.00. Daisan Bank's Shiller PE Ratio of today is .


Daisan Bank E10 Historical Data

The historical data trend for Daisan Bank'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.

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Daisan Bank E10 Chart

Daisan Bank Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
E10
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Daisan Bank Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Competitive Comparison of Daisan Bank's E10

For the Banks - Regional subindustry, Daisan Bank'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.


Daisan Bank's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Daisan Bank's Shiller PE Ratio distribution charts can be found below:

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



Daisan Bank 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, Daisan Bank's adjusted earnings per share data for the three months ended in Mar. 2018 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2018 (Change)*Current CPI (Mar. 2018)
=39.74/99.2000*99.2000
=39.740

Current CPI (Mar. 2018) = 99.2000.

Daisan Bank Quarterly Data

per share eps CPI Adj_EPS
200803 2.703 96.100 2.790
200809 0.000 97.800 0.000
200812 -106.966 96.400 -110.073
200903 -1,137.910 95.900 -1,177.066
200906 56.598 95.600 58.729
200909 -10.150 95.600 -10.532
200912 39.000 94.800 40.810
201003 41.318 95.100 43.099
201006 28.100 94.900 29.373
201009 47.828 94.700 50.101
201012 15.500 94.500 16.271
201103 42.100 94.600 44.147
201106 25.700 94.600 26.950
201109 12.500 94.700 13.094
201112 -10.600 94.300 -11.151
201203 52.700 95.100 54.972
201206 26.700 94.400 28.058
201209 2.900 94.400 3.047
201212 18.300 94.100 19.292
201303 13.400 94.200 14.111
201306 94.000 94.600 98.571
201309 11.088 95.400 11.530
201312 26.800 95.600 27.809
201403 2.800 95.700 2.902
201406 41.700 98.000 42.211
201409 42.800 98.500 43.104
201412 91.200 97.900 92.411
201503 -16.900 97.900 -17.124
201506 42.000 98.400 42.341
201509 21.934 98.500 22.090
201512 82.940 98.100 83.870
201603 -5.440 97.900 -5.512
201606 25.540 98.100 25.826
201609 43.577 98.000 44.111
201612 73.656 98.400 74.255
201703 -13.160 98.100 -13.308
201706 19.410 98.500 19.548
201709 64.450 98.800 64.711
201712 62.410 99.400 62.284
201803 39.740 99.200 39.740

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


Daisan Bank  (NGO:8529) 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.


Be Aware

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


Daisan Bank E10 Related Terms

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


Daisan Bank (NGO:8529) Business Description

Traded in Other Exchanges
N/A
Address
510 Kyo-machi, Mie, JPN, 515-8530
Daisan Bank Ltd offers banking services. It provides various services such as general account, time deposits, mutual funds, foreign currency deposits, education loans, car loans, solar power generation loans, life insurance, fire insurance, debt repayment support insurance, pet insurance, and others.

Daisan Bank (NGO:8529) Headlines

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