GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HIRATA Corp (STU:1ZM) » Definitions » E10

HIRATA (STU:1ZM) E10 : €2.51 (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is HIRATA 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.

HIRATA's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.656. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.51 for the trailing ten years ended in Sep. 2024.

During the past 12 months, HIRATA's average E10 Growth Rate was 10.40% per year. During the past 3 years, the average E10 Growth Rate was 12.50% per year. During the past 5 years, the average E10 Growth Rate was 11.60% 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 HIRATA was 16.50% per year. The lowest was 9.60% per year. And the median was 12.45% per year.

As of today (2025-03-14), HIRATA's current stock price is €29.00. HIRATA's E10 for the quarter that ended in Sep. 2024 was €2.51. HIRATA's Shiller PE Ratio of today is 11.55.

During the past 13 years, the highest Shiller PE Ratio of HIRATA was 87.44. The lowest was 11.40. And the median was 23.43.


HIRATA E10 Historical Data

The historical data trend for HIRATA'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.

HIRATA E10 Chart

HIRATA 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 2.00 2.05 2.14 2.32 2.29

HIRATA 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 2.46 2.29 2.27 2.51 -

Competitive Comparison of HIRATA's E10

For the Specialty Industrial Machinery subindustry, HIRATA'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.


HIRATA's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HIRATA's Shiller PE Ratio distribution charts can be found below:

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



HIRATA 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, HIRATA'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)
=0.656/108.9000*108.9000
=0.656

Current CPI (Sep. 2024) = 108.9000.

HIRATA Quarterly Data

per share eps CPI Adj_EPS
201412 0.140 97.900 0.156
201503 0.206 97.900 0.229
201506 0.316 98.400 0.350
201509 0.357 98.500 0.395
201512 0.306 98.100 0.340
201603 0.281 97.900 0.313
201606 0.707 98.100 0.785
201609 1.033 98.000 1.148
201612 1.526 98.400 1.689
201703 1.954 98.100 2.169
201706 1.722 98.500 1.904
201709 1.339 98.800 1.476
201712 0.949 99.400 1.040
201803 0.934 99.200 1.025
201806 0.818 99.200 0.898
201809 1.070 99.900 1.166
201812 0.768 99.700 0.839
201903 0.774 99.700 0.845
201906 0.340 99.800 0.371
201909 0.272 100.100 0.296
201912 0.172 100.500 0.186
202003 0.617 100.300 0.670
202006 0.756 99.900 0.824
202009 0.642 99.900 0.700
202012 0.473 99.300 0.519
202103 1.244 99.900 1.356
202106 0.666 99.500 0.729
202109 0.792 100.100 0.862
202112 0.571 100.100 0.621
202203 -0.047 101.100 -0.051
202206 0.556 101.800 0.595
202209 0.629 103.100 0.664
202212 0.997 104.100 1.043
202303 0.704 104.400 0.734
202306 0.695 105.200 0.719
202309 0.731 106.200 0.750
202312 1.437 106.800 1.465
202403 -0.179 107.200 -0.182
202406 0.409 108.200 0.412
202409 0.656 108.900 0.656

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


HIRATA  (STU:1ZM) 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.

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

Shiller PE Ratio=Share Price/E10
=29.00/2.51
=11.55

* 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 HIRATA was 87.44. The lowest was 11.40. And the median was 23.43.


Be Aware

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


HIRATA E10 Related Terms

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


HIRATA Business Description

Traded in Other Exchanges
Address
111 Ichiki, Uekicho, Kita-ku, Kumamoto, JPN, 861-0198
HIRATA Corp is a Japan-based company which mainly manufactures and sells of various manufacturing line systems, industrial robot, and logistic equipment. The company manufactures and deals in production systems for various fields including automotive, semiconductors and home electronics. Its products are power trains assembly equipment for electric control machines; load ports, atmosphere/vacuum-corresponding wafer transfer robots; cutting systems, coater systems, and lamination systems for the glass display; controller units and various component robots; production equipment for home electronics and electrical appliances; and lead-free vacuum soldering equipment, power module-related products, and others.

HIRATA Headlines

No Headlines