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SHECY (Shin-Etsu Chemical Co) E10 : $0.65 (As of Sep. 2024)


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What is Shin-Etsu Chemical 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.

Shin-Etsu Chemical Co's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.264. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.65 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Shin-Etsu Chemical Co's average E10 Growth Rate was 14.80% per year. During the past 3 years, the average E10 Growth Rate was 22.30% per year. During the past 5 years, the average E10 Growth Rate was 19.00% 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 Shin-Etsu Chemical Co was 22.30% per year. The lowest was -10.50% per year. And the median was 7.90% per year.

As of today (2024-12-14), Shin-Etsu Chemical Co's current stock price is $17.15. Shin-Etsu Chemical Co's E10 for the quarter that ended in Sep. 2024 was $0.65. Shin-Etsu Chemical Co's Shiller PE Ratio of today is 26.38.

During the past 13 years, the highest Shiller PE Ratio of Shin-Etsu Chemical Co was 44.00. The lowest was 10.11. And the median was 28.52.


Shin-Etsu Chemical Co E10 Historical Data

The historical data trend for Shin-Etsu Chemical 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.

Shin-Etsu Chemical Co E10 Chart

Shin-Etsu Chemical Co 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 0.39 0.43 0.46 0.56 0.57

Shin-Etsu Chemical Co 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 0.54 0.59 0.57 0.56 0.65

Competitive Comparison of Shin-Etsu Chemical Co's E10

For the Chemicals subindustry, Shin-Etsu Chemical 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.


Shin-Etsu Chemical Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shin-Etsu Chemical Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shin-Etsu Chemical Co's Shiller PE Ratio falls into.



Shin-Etsu Chemical 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, Shin-Etsu Chemical Co'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)
=0.264/108.9000*108.9000
=0.264

Current CPI (Sep. 2024) = 108.9000.

Shin-Etsu Chemical Co Quarterly Data

per share eps CPI Adj_EPS
201412 0.064 97.900 0.071
201503 0.056 97.900 0.062
201506 0.071 98.400 0.079
201509 0.076 98.500 0.084
201512 0.077 98.100 0.085
201603 0.067 97.900 0.075
201606 0.101 98.100 0.112
201609 0.097 98.000 0.108
201612 0.097 98.400 0.107
201703 0.084 98.100 0.093
201706 0.114 98.500 0.126
201709 0.121 98.800 0.133
201712 0.130 99.400 0.142
201803 0.205 99.200 0.225
201806 0.157 99.200 0.172
201809 0.178 99.900 0.194
201812 0.174 99.700 0.190
201903 0.143 99.700 0.156
201906 0.187 99.800 0.204
201909 0.181 100.100 0.197
201912 0.180 100.500 0.195
202003 0.150 100.300 0.163
202006 0.155 99.900 0.169
202009 0.162 99.900 0.177
202012 0.169 99.300 0.185
202103 0.178 99.900 0.194
202106 0.209 99.500 0.229
202109 0.273 100.100 0.297
202112 0.279 100.100 0.304
202203 0.298 101.100 0.321
202206 0.333 101.800 0.356
202209 0.356 103.100 0.376
202212 0.341 104.100 0.357
202303 0.241 104.400 0.251
202306 0.269 105.200 0.278
202309 0.248 106.200 0.254
202312 0.183 106.800 0.187
202403 0.190 107.200 0.193
202406 0.228 108.200 0.229
202409 0.264 108.900 0.264

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


Shin-Etsu Chemical Co  (OTCPK:SHECY) 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.

Shin-Etsu Chemical Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.15/0.65
=26.38

* 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 Shin-Etsu Chemical Co was 44.00. The lowest was 10.11. And the median was 28.52.


Be Aware

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


Shin-Etsu Chemical Co E10 Related Terms

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


Shin-Etsu Chemical Co Business Description

Traded in Other Exchanges
Address
6-1, Ohtemachi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-0004
Shin-Etsu Chemical Co Ltd is a Japan-based company primarily engaged in chemical business. The company operates in six business segments namely Poly Vinyl Chloride, Specialty Chemicals, Silicon, Semiconductor Silicon, Electronic and Functional Materials and Diversified business. It derives majority of revenue through Poly Vinyl Chloride segment which manufactures and sells vinyl chloride, caustic soda products, chloromethane and methanol. The group is also involved in manufacturing and selling of various other chemical products such as Polyvinyl alcohol, Synthetic pheromones, Rare-earth magnets for electronics industry and general applications, Photoresists, Photomask blanks and others. Geographically, it operates from the market of Japan and its business is amplifying across the globe.

Shin-Etsu Chemical Co Headlines

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