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SGIOY (Shionogi) E10 : $0.47 (As of Sep. 2024)


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What is Shionogi 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.

Shionogi's adjusted earnings per share data for the three months ended in Sep. 2024 was $-0.012. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.47 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Shionogi's average E10 Growth Rate was 9.30% per year. During the past 3 years, the average E10 Growth Rate was 15.10% per year. During the past 5 years, the average E10 Growth Rate was 14.40% 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 Shionogi was 15.10% per year. The lowest was 8.50% per year. And the median was 13.90% per year.

As of today (2024-12-15), Shionogi's current stock price is $7.03. Shionogi's E10 for the quarter that ended in Sep. 2024 was $0.47. Shionogi's Shiller PE Ratio of today is 14.96.

During the past 13 years, the highest Shiller PE Ratio of Shionogi was 44.43. The lowest was 15.38. And the median was 28.02.


Shionogi E10 Historical Data

The historical data trend for Shionogi'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.

Shionogi E10 Chart

Shionogi 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 0.35 0.39 0.39 0.43 0.43

Shionogi 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 0.41 0.44 0.43 0.41 0.47

Competitive Comparison of Shionogi's E10

For the Drug Manufacturers - Specialty & Generic subindustry, Shionogi'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.


Shionogi's Shiller PE Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shionogi's Shiller PE Ratio distribution charts can be found below:

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



Shionogi 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, Shionogi's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.012/108.9000*108.9000
=-0.012

Current CPI (Sep. 2024) = 108.9000.

Shionogi Quarterly Data

per share eps CPI Adj_EPS
201412 0.069 97.900 0.077
201503 0.074 97.900 0.082
201506 0.039 98.400 0.043
201509 0.049 98.500 0.054
201512 0.084 98.100 0.093
201603 0.112 97.900 0.125
201606 0.060 98.100 0.067
201609 0.092 98.000 0.102
201612 0.159 98.400 0.176
201703 0.075 98.100 0.083
201706 0.074 98.500 0.082
201709 0.159 98.800 0.175
201712 0.134 99.400 0.147
201803 0.143 99.200 0.157
201806 0.151 99.200 0.166
201809 0.121 99.900 0.132
201812 0.173 99.700 0.189
201903 0.205 99.700 0.224
201906 0.134 99.800 0.146
201909 0.135 100.100 0.147
201912 0.197 100.500 0.213
202003 0.142 100.300 0.154
202006 0.125 99.900 0.136
202009 0.142 99.900 0.155
202012 0.191 99.300 0.209
202103 0.116 99.900 0.126
202106 0.162 99.500 0.177
202109 0.105 100.100 0.114
202112 0.087 100.100 0.095
202203 0.201 101.100 0.217
202206 0.143 101.800 0.153
202209 0.087 103.100 0.092
202212 0.420 104.100 0.439
202303 0.117 104.400 0.122
202306 0.170 105.200 0.176
202309 0.185 106.200 0.190
202312 0.147 106.800 0.150
202403 0.136 107.200 0.138
202406 0.114 108.200 0.115
202409 -0.012 108.900 -0.012

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


Shionogi  (OTCPK:SGIOY) 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.

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

Shiller PE Ratio=Share Price/E10
=7.03/0.47
=14.96

* 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 Shionogi was 44.43. The lowest was 15.38. And the median was 28.02.


Be Aware

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


Shionogi E10 Related Terms

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


Shionogi Business Description

Traded in Other Exchanges
Address
1-8, Doshomachi 3-chome, Chuo-ku, Osaka, JPN, 541-0045
Shionogi & Co Ltd is a specialty and generic drug manufacturing company. The company focuses on the manufacturing and distribution of pharmaceuticals, diagnostic reagents, and medical devices. Shionogi engages in manufacturing, formulation, packaging, and analysis as part of its commercialization research that spans late stage drug discovery through commercial production. The company's research and development strategy utilizes partnership and licensing opportunities with academic constituents and venture companies.

Shionogi Headlines

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