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Okasan Securities Group (Okasan Securities Group) E10 : $0.00 (As of Dec. 2023)


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What is Okasan Securities Group 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.

Okasan Securities Group's adjusted earnings per share data for the three months ended in Dec. 2023 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 Dec. 2023.

During the past 12 months, Okasan Securities Group'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 Okasan Securities Group was 6.40% per year. The lowest was 1.20% per year. And the median was 1.80% per year.

As of today (2024-06-04), Okasan Securities Group's current stock price is $4.7331. Okasan Securities Group's E10 for the quarter that ended in Dec. 2023 was $0.00. Okasan Securities Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Okasan Securities Group was 21.14. The lowest was 6.40. And the median was 9.89.


Okasan Securities Group E10 Historical Data

The historical data trend for Okasan Securities Group'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.

Okasan Securities Group E10 Chart

Okasan Securities Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
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Okasan Securities Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Okasan Securities Group's E10

For the Capital Markets subindustry, Okasan Securities Group'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.


Okasan Securities Group's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Okasan Securities Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Okasan Securities Group's Shiller PE Ratio falls into.



Okasan Securities Group 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, Okasan Securities Group'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)
=0/106.8000*106.8000
=0.000

Current CPI (Dec. 2023) = 106.8000.

Okasan Securities Group Quarterly Data

per share eps CPI Adj_EPS
201403 0.118 95.700 0.132
201406 0.140 98.000 0.153
201409 0.209 98.500 0.227
201412 0.205 97.900 0.224
201503 0.083 97.900 0.091
201506 0.189 98.400 0.205
201509 0.070 98.500 0.076
201512 0.123 98.100 0.134
201603 0.000 97.900 0.000
201606 0.000 98.100 0.000
201609 0.000 98.000 0.000
201612 0.000 98.400 0.000
201703 0.000 98.100 0.000
201706 0.000 98.500 0.000
201709 0.000 98.800 0.000
201712 0.000 99.400 0.000
201803 0.000 99.200 0.000
201806 0.000 99.200 0.000
201809 0.000 99.900 0.000
201812 0.000 99.700 0.000
201903 0.000 99.700 0.000
201906 0.000 99.800 0.000
201909 0.000 100.100 0.000
201912 0.000 100.500 0.000
202003 -0.014 100.300 -0.015
202006 0.025 99.900 0.027
202009 0.049 99.900 0.052
202012 0.040 99.300 0.043
202103 0.168 99.900 0.180
202106 0.020 99.500 0.021
202109 0.094 100.100 0.100
202112 0.064 100.100 0.068
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

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


Okasan Securities Group  (GREY:OKSCF) 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 Okasan Securities Group was 21.14. The lowest was 6.40. And the median was 9.89.


Be Aware

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


Okasan Securities Group E10 Related Terms

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


Okasan Securities Group (Okasan Securities Group) Business Description

Traded in Other Exchanges
Address
1-17-6, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8268
Okasan Securities Group is a Japan-based holding company that conducts businesses through a network of domestic and overseas subsidiaries. The company has three business segments. The securities business, which accounts for the majority of sales, is involved in trading, brokerage, underwriting, and distribution of securities, public offering, secondary distribution of securities, and private offering of securities. The asset-management business is involved in investment management and investment advisory. The support business is engaged in information processing services, administrative support services, custodianship, and temping services. The company generates the majority of revenue from Japan.

Okasan Securities Group (Okasan Securities Group) Headlines

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