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Renesas Electronics (STU:NEN) E10 : €0.45 (As of Dec. 2024)


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What is Renesas Electronics 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.

Renesas Electronics's adjusted earnings per share data for the three months ended in Dec. 2024 was €0.063. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.45 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Renesas Electronics's average E10 Growth Rate was 16.70% 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 Renesas Electronics was 51.70% per year. The lowest was 46.00% per year. And the median was 48.85% per year.

As of today (2025-03-16), Renesas Electronics's current stock price is €13.902. Renesas Electronics's E10 for the quarter that ended in Dec. 2024 was €0.45. Renesas Electronics's Shiller PE Ratio of today is 30.89.

During the past 13 years, the highest Shiller PE Ratio of Renesas Electronics was 55.99. The lowest was 25.85. And the median was 38.81.


Renesas Electronics E10 Historical Data

The historical data trend for Renesas Electronics'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.

Renesas Electronics E10 Chart

Renesas Electronics Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -0.15 0.29 0.41 0.45

Renesas Electronics 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 0.41 0.43 0.42 0.48 0.45

Competitive Comparison of Renesas Electronics's E10

For the Semiconductors subindustry, Renesas Electronics'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.


Renesas Electronics's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Renesas Electronics's Shiller PE Ratio distribution charts can be found below:

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



Renesas Electronics 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, Renesas Electronics's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.063/110.7000*110.7000
=0.063

Current CPI (Dec. 2024) = 110.7000.

Renesas Electronics Quarterly Data

per share eps CPI Adj_EPS
201503 0.042 97.900 0.047
201506 0.129 98.400 0.145
201509 0.123 98.500 0.138
201512 0.084 98.100 0.095
201603 0.049 97.900 0.055
201606 0.051 98.100 0.058
201609 0.049 98.000 0.055
201612 0.121 98.400 0.136
201703 0.085 98.100 0.096
201706 0.092 98.500 0.103
201709 0.101 98.800 0.113
201712 0.194 99.400 0.216
201803 0.085 99.200 0.095
201806 0.147 99.200 0.164
201809 0.054 99.900 0.060
201812 -0.052 99.700 -0.058
201903 -0.009 99.700 -0.010
201906 -0.044 99.800 -0.049
201909 0.020 100.100 0.022
201912 0.003 100.500 0.003
202003 0.055 100.300 0.061
202006 0.056 99.900 0.062
202009 0.070 99.900 0.078
202012 0.032 99.300 0.036
202103 0.060 99.900 0.066
202106 0.100 99.500 0.111
202109 0.140 100.100 0.155
202112 0.184 100.100 0.203
202203 0.231 101.100 0.253
202206 0.181 101.800 0.197
202209 0.290 103.100 0.311
202212 0.270 104.100 0.287
202303 0.402 104.400 0.426
202306 0.329 105.200 0.346
202309 0.265 106.200 0.276
202312 0.232 106.800 0.240
202403 0.272 107.200 0.281
202406 0.194 108.200 0.198
202409 0.211 108.900 0.214
202412 0.063 110.700 0.063

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


Renesas Electronics  (STU:NEN) 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.

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

Shiller PE Ratio=Share Price/E10
=13.902/0.45
=30.89

* 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 Renesas Electronics was 55.99. The lowest was 25.85. And the median was 38.81.


Be Aware

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


Renesas Electronics E10 Related Terms

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


Renesas Electronics Business Description

Traded in Other Exchanges
Address
Toyosu Foresia, 3-2-24, Toyosu, Koto-ku, Tokyo, JPN, 135-0061
Renesas Electronics Corp is a Japan-based company that manufactures and distributes semiconductor components and other products for use in automotive, healthcare, computer peripheral, connectivity, home appliance, and industrial end markets. Its product portfolio includes microcontrollers and microprocessors, embedded systems platform, insulated-gate bipolar transistors, intelligent power devices, thrysistors, transistors, diodes, analog integrated circuits, and optoelectronics products. The firm has operations in Japan, the Americas, Europe, Middle East and Africa, and Asia.

Renesas Electronics Headlines

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