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Ibiden Co (STU:IBI) E10 : €0.63 (As of Mar. 2024)


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What is Ibiden 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.

Ibiden Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ibiden Co's average E10 Growth Rate was -100.00% 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 Ibiden Co was 49.60% per year. The lowest was -10.00% per year. And the median was 24.80% per year.

As of today (2024-05-03), Ibiden Co's current stock price is €32.00. Ibiden Co's E10 for the quarter that ended in Mar. 2024 was €0.63. Ibiden Co's Shiller PE Ratio of today is 50.79.

During the past 13 years, the highest Shiller PE Ratio of Ibiden Co was 190.73. The lowest was 28.87. And the median was 88.18.


Ibiden Co E10 Historical Data

The historical data trend for Ibiden 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.

Ibiden Co E10 Chart

Ibiden 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 0.22 0.24 0.39 0.62 0.63

Ibiden Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.62 0.59 0.62 0.63 0.63

Competitive Comparison of Ibiden Co's E10

For the Electronic Components subindustry, Ibiden 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.


Ibiden Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ibiden Co's Shiller PE Ratio distribution charts can be found below:

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



Ibiden 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, Ibiden Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.18/107.2000*107.2000
=0.180

Current CPI (Mar. 2024) = 107.2000.

Ibiden Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.112 98.000 0.123
201409 0.270 98.500 0.294
201412 0.417 97.900 0.457
201503 0.185 97.900 0.203
201506 0.146 98.400 0.159
201509 0.466 98.500 0.507
201512 0.344 98.100 0.376
201603 -0.606 97.900 -0.664
201606 -0.101 98.100 -0.110
201609 -2.887 98.000 -3.158
201612 -0.850 98.400 -0.926
201703 -0.220 98.100 -0.240
201706 0.108 98.500 0.118
201709 0.252 98.800 0.273
201712 0.098 99.400 0.106
201803 0.179 99.200 0.193
201806 0.150 99.200 0.162
201809 0.154 99.900 0.165
201812 -0.350 99.700 -0.376
201903 0.230 99.700 0.247
201906 0.170 99.800 0.183
201909 0.060 100.100 0.064
201912 0.253 100.500 0.270
202003 0.189 100.300 0.202
202006 0.271 99.900 0.291
202009 0.408 99.900 0.438
202012 0.551 99.300 0.595
202103 0.238 99.900 0.255
202106 0.517 99.500 0.557
202109 0.701 100.100 0.751
202112 0.846 100.100 0.906
202203 0.208 101.100 0.221
202206 0.694 101.800 0.731
202209 0.914 103.100 0.950
202212 0.613 104.100 0.631
202303 0.407 104.400 0.418
202306 0.341 105.200 0.347
202309 0.481 106.200 0.486
202312 0.433 106.800 0.435
202403 0.180 107.200 0.180

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


Ibiden Co  (STU:IBI) 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.

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

Shiller PE Ratio=Share Price/E10
=32.00/0.63
=50.79

* 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 Ibiden Co was 190.73. The lowest was 28.87. And the median was 88.18.


Be Aware

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


Ibiden Co E10 Related Terms

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


Ibiden Co (STU:IBI) Business Description

Traded in Other Exchanges
Address
2-1 Kanda-cho, Ogaki, Gifu, JPN, 503-8604
Ibiden Company Limited is a provider of electronic and ceramic products. The company operates through three segments: ceramic, electron and other. The ceramic segment, which contributes the largest portion of revenue, provides environment-related ceramics products, graphite and specialty products, ceramic fibre, and fine ceramics products. Electron, the next- largest segment, offers package substrates in computers, information technology infrastructure, mobile device wiring boards, mobile devices and home appliances. The other segment includes the processing of agriculture, livestock and fisheries, the sale of oil products and synthetic resin production. The company is headquartered in Japan and generates the majority of revenue in Asia.

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