GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » TechnoPro Holdings Inc (OTCPK:TCCPY) » Definitions » E10

TechnoPro Holdings (TechnoPro Holdings) E10 : $0.15 (As of Dec. 2023)


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

What is TechnoPro Holdings 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.

TechnoPro Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.059. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.15 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-04-29), TechnoPro Holdings's current stock price is $3.62. TechnoPro Holdings's E10 for the quarter that ended in Dec. 2023 was $0.15. TechnoPro Holdings's Shiller PE Ratio of today is 24.13.

During the past 10 years, the highest Shiller PE Ratio of TechnoPro Holdings was 36.51. The lowest was 26.78. And the median was 31.43.


TechnoPro Holdings E10 Historical Data

The historical data trend for TechnoPro Holdings'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.

TechnoPro Holdings E10 Chart

TechnoPro Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

TechnoPro Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - 0.13 0.15

Competitive Comparison of TechnoPro Holdings's E10

For the Staffing & Employment Services subindustry, TechnoPro Holdings'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.


TechnoPro Holdings's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, TechnoPro Holdings's Shiller PE Ratio distribution charts can be found below:

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



TechnoPro Holdings 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, TechnoPro Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.059/106.8000*106.8000
=0.059

Current CPI (Dec. 2023) = 106.8000.

TechnoPro Holdings Quarterly Data

per share eps CPI Adj_EPS
201403 0.026 95.700 0.029
201406 0.005 98.000 0.005
201409 0.029 98.500 0.031
201412 0.032 97.900 0.035
201503 0.029 97.900 0.032
201506 0.025 98.400 0.027
201509 0.031 98.500 0.034
201512 0.035 98.100 0.038
201603 0.037 97.900 0.040
201606 0.021 98.100 0.023
201609 0.036 98.000 0.039
201612 0.037 98.400 0.040
201703 0.031 98.100 0.034
201706 0.032 98.500 0.035
201709 0.033 98.800 0.036
201712 0.039 99.400 0.042
201803 0.042 99.200 0.045
201806 0.034 99.200 0.037
201809 0.034 99.900 0.036
201812 0.045 99.700 0.048
201903 0.041 99.700 0.044
201906 0.040 99.800 0.043
201909 0.046 100.100 0.049
201912 0.051 100.500 0.054
202003 0.057 100.300 0.061
202006 0.032 99.900 0.034
202009 0.052 99.900 0.056
202012 0.065 99.300 0.070
202103 0.062 99.900 0.066
202106 0.051 99.500 0.055
202109 0.046 100.100 0.049
202112 0.083 100.100 0.089
202203 0.067 101.100 0.071
202206 0.046 101.800 0.048
202209 0.054 103.100 0.056
202212 0.049 104.100 0.050
202303 0.051 104.400 0.052
202306 0.052 105.200 0.053
202309 0.051 106.200 0.051
202312 0.059 106.800 0.059

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


TechnoPro Holdings  (OTCPK:TCCPY) 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.

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

Shiller PE Ratio=Share Price/E10
=3.62/0.15
=24.13

* 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 10 years, the highest Shiller P/E Ratio of TechnoPro Holdings was 36.51. The lowest was 26.78. And the median was 31.43.


Be Aware

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


TechnoPro Holdings E10 Related Terms

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


TechnoPro Holdings (TechnoPro Holdings) Business Description

Traded in Other Exchanges
Address
Roppongi Hills Mori Tower 35th Floor, 6-10-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6135
TechnoPro Holdings Inc is a Japanese based company engaged in providing technical staffing and solutions. It provides technical services such as research and development and product development in various technical fields such as machinery, electricity, electronics, embedded control, information system, information infrastructure, plant engineering, chemistry, bio, medicine, and new materials. The company serves a range of industries such as automotive, semiconductors, telecommunications and aerospace.

TechnoPro Holdings (TechnoPro Holdings) Headlines

From GuruFocus

David Nadel Buys 4 Stocks in 3rd Quarter

By James Li James Li 11-06-2019

A First Look at TechnoPro

By Steven Chen Steven Chen 05-26-2020

Matthews Japan Fund Third Quarter 2015 Commentary

By Holly LaFon Holly LaFon 10-22-2015

Matthews Japan Fund Comments on Technopro

By Sydnee Gatewood Sydnee Gatewood 01-25-2021