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SHMUY (Shimizu) E10 : $2.01 (As of Sep. 2024)


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What is Shimizu 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.

Shimizu's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.01 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Shimizu's average E10 Growth Rate was 0.70% per year. During the past 3 years, the average E10 Growth Rate was 7.60% per year. During the past 5 years, the average E10 Growth Rate was 11.80% 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 Shimizu was 89.90% per year. The lowest was 7.60% per year. And the median was 23.05% per year.

As of today (2025-03-15), Shimizu's current stock price is $25.89. Shimizu's E10 for the quarter that ended in Sep. 2024 was $2.01. Shimizu's Shiller PE Ratio of today is 12.88.

During the past 13 years, the highest Shiller PE Ratio of Shimizu was 135.27. The lowest was 7.83. And the median was 12.81.


Shimizu E10 Historical Data

The historical data trend for Shimizu'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.

Shimizu E10 Chart

Shimizu 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 2.54 2.87 2.69 2.55 2.39

Shimizu Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.99 2.39 2.17 2.01 -

Competitive Comparison of Shimizu's E10

For the Engineering & Construction subindustry, Shimizu'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.


Shimizu's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shimizu's Shiller PE Ratio distribution charts can be found below:

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



Shimizu 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, Shimizu'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)
=0.33/108.9000*108.9000
=0.330

Current CPI (Sep. 2024) = 108.9000.

Shimizu Quarterly Data

per share eps CPI Adj_EPS
201412 0.507 97.900 0.564
201503 0.416 97.900 0.463
201506 0.468 98.400 0.518
201509 0.538 98.500 0.595
201512 0.814 98.100 0.904
201603 0.715 97.900 0.795
201606 0.704 98.100 0.782
201609 1.026 98.000 1.140
201612 1.427 98.400 1.579
201703 1.418 98.100 1.574
201706 1.027 98.500 1.135
201709 0.730 98.800 0.805
201712 0.884 99.400 0.968
201803 1.305 99.200 1.433
201806 0.725 99.200 0.796
201809 0.951 99.900 1.037
201812 0.952 99.700 1.040
201903 1.934 99.700 2.112
201906 1.146 99.800 1.250
201909 1.128 100.100 1.227
201912 1.251 100.500 1.356
202003 1.222 100.300 1.327
202006 0.402 99.900 0.438
202009 1.434 99.900 1.563
202012 0.853 99.300 0.935
202103 1.059 99.900 1.154
202106 0.133 99.500 0.146
202109 0.382 100.100 0.416
202112 0.608 100.100 0.661
202203 1.099 101.100 1.184
202206 0.148 101.800 0.158
202209 0.288 103.100 0.304
202212 0.408 104.100 0.427
202303 1.114 104.400 1.162
202306 0.715 105.200 0.740
202309 -0.090 106.200 -0.092
202312 -1.431 106.800 -1.459
202403 1.390 107.200 1.412
202406 0.086 108.200 0.087
202409 0.330 108.900 0.330

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


Shimizu  (OTCPK:SHMUY) 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.

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

Shiller PE Ratio=Share Price/E10
=25.89/2.01
=12.88

* 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 Shimizu was 135.27. The lowest was 7.83. And the median was 12.81.


Be Aware

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


Shimizu E10 Related Terms

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


Shimizu Business Description

Traded in Other Exchanges
Address
2-16-1 Kyobashi, Chuo-ku, Shimizu Hall, 2nd Floor, Chuo-Ku, Tokyo, JPN, 104-8370
Shimizu Corp operates a construction business, and utilizes technology and engineering capabilities to meet customers' needs. It constructs large offices, factories, residential properties, and other large projects. Technology that Shimizu utilizes can revolve around energy-related concerns, disaster prevention, or improve the functionality of structures. The company has three operating segments: construction (the majority of total revenue), real estate development, and other related businesses. The firm generates additional revenue from operation and management services after construction is completed. Japan accounts for the majority of total revenue, but it will take orders from multinational enterprises and customers in different regions.

Shimizu Headlines

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