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RKUNF (Rakuten Group) E10 : $-0.22 (As of Jun. 2024)


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What is Rakuten Group 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.

Rakuten Group's adjusted earnings per share data for the three months ended in Jun. 2024 was $-0.099. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.22 for the trailing ten years ended in Jun. 2024.

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 Rakuten Group was -5.60% per year. The lowest was -28.00% per year. And the median was -16.80% per year.

As of today (2024-12-15), Rakuten Group's current stock price is $6.80. Rakuten Group's E10 for the quarter that ended in Jun. 2024 was $-0.22. Rakuten Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Rakuten Group was 274.24. The lowest was 17.57. And the median was 32.98.


Rakuten Group E10 Historical Data

The historical data trend for Rakuten 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.

Rakuten Group E10 Chart

Rakuten Group 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 0.31 0.23 0.13 -0.07 -0.22

Rakuten Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.16 -0.22 -0.24 -0.22 -

Competitive Comparison of Rakuten Group's E10

For the Internet Retail subindustry, Rakuten 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.


Rakuten Group's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rakuten Group's Shiller PE Ratio distribution charts can be found below:

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



Rakuten 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, Rakuten Group's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-0.099/108.2000*108.2000
=-0.099

Current CPI (Jun. 2024) = 108.2000.

Rakuten Group Quarterly Data

per share eps CPI Adj_EPS
201409 0.135 98.500 0.148
201412 0.178 97.900 0.197
201503 0.089 97.900 0.098
201506 0.082 98.400 0.090
201509 0.086 98.500 0.094
201512 0.007 98.100 0.008
201603 0.075 97.900 0.083
201606 0.099 98.100 0.109
201609 0.119 98.000 0.131
201612 -0.036 98.400 -0.040
201703 0.155 98.100 0.171
201706 0.098 98.500 0.108
201709 0.212 98.800 0.232
201712 0.244 99.400 0.266
201803 0.121 99.200 0.132
201806 0.315 99.200 0.344
201809 0.285 99.900 0.309
201812 0.223 99.700 0.242
201903 0.691 99.700 0.750
201906 -0.032 99.800 -0.035
201909 -0.785 100.100 -0.849
201912 -0.120 100.500 -0.129
202003 -0.242 100.300 -0.261
202006 0.053 99.900 0.057
202009 -0.306 99.900 -0.331
202012 -0.303 99.300 -0.330
202103 -0.247 99.900 -0.268
202106 -0.232 99.500 -0.252
202109 -0.154 100.100 -0.166
202112 -0.165 100.100 -0.178
202203 -0.489 101.100 -0.523
202206 -0.405 101.800 -0.430
202209 -0.372 103.100 -0.390
202212 -0.536 104.100 -0.557
202303 -0.390 104.400 -0.404
202306 -0.228 105.200 -0.235
202309 -0.217 106.200 -0.221
202312 -0.444 106.800 -0.450
202403 -0.132 107.200 -0.133
202406 -0.099 108.200 -0.099

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


Rakuten Group  (OTCPK:RKUNF) 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 Rakuten Group was 274.24. The lowest was 17.57. And the median was 32.98.


Be Aware

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


Rakuten Group E10 Related Terms

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


Rakuten Group Business Description

Traded in Other Exchanges
Address
4-12-3 Higashishinagawa, Shinagawa Seaside Rakuten Tower, Shinagawa-ku, Tokyo, JPN, 140-0002
Rakuten is a leading e-commerce and fintech service provider in Japan. It has built up a comprehensive Rakuten ecosystem in Japan, including Rakuten Ichiba for e-commerce, Rakuten Travel, Rakuten Card, Rakuten Bank, Rakuten Securities, and became the fourth mobile network operator in Japan in April 2020. The loyalty program, Rakuten Super Points, has encouraged cross-use of services in its ecosystem. About 80% of its revenue is generated from the Japanese market.