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TKCBF (Tokai Carbon Co) E10 : $0.63 (As of Jun. 2024)


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What is Tokai Carbon 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.

Tokai Carbon Co's adjusted earnings per share data for the three months ended in Jun. 2024 was $0.060. 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 Jun. 2024.

During the past 12 months, Tokai Carbon Co's average E10 Growth Rate was 9.70% per year. During the past 3 years, the average E10 Growth Rate was 15.00% per year. During the past 5 years, the average E10 Growth Rate was 11.70% 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 Tokai Carbon Co was 37.20% per year. The lowest was 7.10% per year. And the median was 15.00% per year.

As of today (2024-09-21), Tokai Carbon Co's current stock price is $6.27. Tokai Carbon Co's E10 for the quarter that ended in Jun. 2024 was $0.63. Tokai Carbon Co's Shiller PE Ratio of today is 9.95.

During the past 13 years, the highest Shiller PE Ratio of Tokai Carbon Co was 71.36. The lowest was 9.06. And the median was 18.16.


Tokai Carbon Co E10 Historical Data

The historical data trend for Tokai Carbon 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.

Tokai Carbon Co E10 Chart

Tokai Carbon Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.43 0.54 0.69 0.64

Tokai Carbon Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.55 0.65 0.64 0.57 0.63

Competitive Comparison of Tokai Carbon Co's E10

For the Specialty Chemicals subindustry, Tokai Carbon 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.


Tokai Carbon Co's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tokai Carbon Co's Shiller PE Ratio distribution charts can be found below:

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



Tokai Carbon 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, Tokai Carbon Co's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.06/108.2000*108.2000
=0.060

Current CPI (Jun. 2024) = 108.2000.

Tokai Carbon Co Quarterly Data

per share eps CPI Adj_EPS
201409 0.037 98.500 0.041
201412 0.037 97.900 0.041
201503 0.019 97.900 0.021
201506 0.000 98.400 0.000
201509 0.037 98.500 0.041
201512 0.041 98.100 0.045
201603 0.002 97.900 0.002
201606 -0.264 98.100 -0.291
201609 0.024 98.000 0.026
201612 -0.103 98.400 -0.113
201703 0.067 98.100 0.074
201706 0.180 98.500 0.198
201709 0.112 98.800 0.123
201712 0.159 99.400 0.173
201803 0.405 99.200 0.442
201806 1.484 99.200 1.619
201809 0.621 99.900 0.673
201812 0.610 99.700 0.662
201903 0.559 99.700 0.607
201906 0.557 99.800 0.604
201909 0.193 100.100 0.209
201912 0.065 100.500 0.070
202003 0.200 100.300 0.216
202006 -0.106 99.900 -0.115
202009 -0.050 99.900 -0.054
202012 -0.001 99.300 -0.001
202103 0.085 99.900 0.092
202106 0.159 99.500 0.173
202109 0.164 100.100 0.177
202112 0.270 100.100 0.292
202203 0.160 101.100 0.171
202206 0.182 101.800 0.193
202209 0.225 103.100 0.236
202212 0.219 104.100 0.228
202303 0.280 104.400 0.290
202306 0.263 105.200 0.271
202309 0.174 106.200 0.177
202312 0.133 106.800 0.135
202403 0.051 107.200 0.051
202406 0.060 108.200 0.060

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


Tokai Carbon Co  (OTCPK:TKCBF) 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.

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

Shiller PE Ratio=Share Price/E10
=6.27/0.63
=9.95

* 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 Tokai Carbon Co was 71.36. The lowest was 9.06. And the median was 18.16.


Be Aware

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


Tokai Carbon Co E10 Related Terms

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


Tokai Carbon Co Business Description

Traded in Other Exchanges
Address
1-2-3 Kita Aoyama Building, Minato-ku, Tokyo, JPN, 107-8636
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.

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