GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Komatsu Ltd (STU:KOM1) » Definitions » E10

Komatsu (STU:KOM1) E10 : €1.42 (As of Mar. 2024)


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

What is Komatsu 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.

Komatsu's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.579. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Komatsu's average E10 Growth Rate was 14.10% per year. During the past 3 years, the average E10 Growth Rate was 11.00% per year. During the past 5 years, the average E10 Growth Rate was 6.70% 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 Komatsu was 11.00% per year. The lowest was -1.00% per year. And the median was 4.05% per year.

As of today (2024-05-24), Komatsu's current stock price is €27.25. Komatsu's E10 for the quarter that ended in Mar. 2024 was €1.42. Komatsu's Shiller PE Ratio of today is 19.19.

During the past 13 years, the highest Shiller PE Ratio of Komatsu was 27.89. The lowest was 8.63. And the median was 16.20.


Komatsu E10 Historical Data

The historical data trend for Komatsu'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.

Komatsu E10 Chart

Komatsu 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 1.45 1.31 1.29 1.40 1.42

Komatsu 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 1.40 1.33 1.39 1.44 1.42

Competitive Comparison of Komatsu's E10

For the Farm & Heavy Construction Machinery subindustry, Komatsu'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.


Komatsu's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Komatsu's Shiller PE Ratio distribution charts can be found below:

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



Komatsu 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, Komatsu'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)
=0.579/107.2000*107.2000
=0.579

Current CPI (Mar. 2024) = 107.2000.

Komatsu Quarterly Data

per share eps CPI Adj_EPS
201406 0.285 98.000 0.312
201409 0.305 98.500 0.332
201412 0.275 97.900 0.301
201503 0.305 97.900 0.334
201506 0.248 98.400 0.270
201509 0.256 98.500 0.279
201512 0.309 98.100 0.338
201603 0.284 97.900 0.311
201606 0.140 98.100 0.153
201609 0.203 98.000 0.222
201612 0.267 98.400 0.291
201703 0.395 98.100 0.432
201706 0.309 98.500 0.336
201709 0.524 98.800 0.569
201712 0.422 99.400 0.455
201803 0.335 99.200 0.362
201806 0.519 99.200 0.561
201809 0.505 99.900 0.542
201812 0.488 99.700 0.525
201903 0.609 99.700 0.655
201906 0.412 99.800 0.443
201909 0.381 100.100 0.408
201912 0.395 100.500 0.421
202003 0.165 100.300 0.176
202006 0.142 99.900 0.152
202009 0.179 99.900 0.192
202012 0.240 99.300 0.259
202103 0.329 99.900 0.353
202106 0.326 99.500 0.351
202109 0.426 100.100 0.456
202112 0.513 100.100 0.549
202203 0.562 101.100 0.596
202206 0.601 101.800 0.633
202209 0.612 103.100 0.636
202212 0.513 104.100 0.528
202303 0.698 104.400 0.717
202306 0.728 105.200 0.742
202309 0.671 106.200 0.677
202312 0.665 106.800 0.667
202403 0.579 107.200 0.579

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


Komatsu  (STU:KOM1) 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.

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

Shiller PE Ratio=Share Price/E10
=27.25/1.42
=19.19

* 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 Komatsu was 27.89. The lowest was 8.63. And the median was 16.20.


Be Aware

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


Komatsu E10 Related Terms

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


Komatsu (STU:KOM1) Business Description

Address
3-6 Akasaka 2-chome, Minato-ku, Tokyo, JPN, 107-8414
Komatsu manufactures and sells construction, mining, utility, forestry, and industrial machinery. It also provides related services such as supplying parts, financing, and maintenance. Its major products are hydraulic excavators, bulldozers, wheel loaders, dump trucks, and motor graders, which focus on surface mining and construction. Through its subsidiary, Komatsu Mining (previously Joy Global before being acquired), the company manufactures and sells surface mining equipment like draglines as well as underground mining machinery such as continuous miners and blasthole drills. The company is headquartered in Tokyo.

Komatsu (STU:KOM1) Headlines

No Headlines