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Nissui (TSE:1332) E10 : 円53.86 (As of Dec. 2023)


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What is Nissui 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.

Nissui's adjusted earnings per share data for the three months ended in Dec. 2023 was 円27.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円53.86 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Nissui'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 Nissui was 66.60% per year. The lowest was 17.90% per year. And the median was 19.60% per year.

As of today (2024-06-23), Nissui's current stock price is 円842.90. Nissui's E10 for the quarter that ended in Dec. 2023 was 円53.86. Nissui's Shiller PE Ratio of today is 15.65.

During the past 13 years, the highest Shiller PE Ratio of Nissui was 184.55. The lowest was 11.18. And the median was 16.63.


Nissui E10 Historical Data

The historical data trend for Nissui'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.

Nissui E10 Chart

Nissui 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 28.39 33.26 38.49 48.56 -

Nissui 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 48.56 49.77 51.88 53.86 -

Competitive Comparison of Nissui's E10

For the Packaged Foods subindustry, Nissui'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.


Nissui's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissui's Shiller PE Ratio distribution charts can be found below:

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



Nissui 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, Nissui'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)
=27.67/106.8000*106.8000
=27.670

Current CPI (Dec. 2023) = 106.8000.

Nissui Quarterly Data

per share eps CPI Adj_EPS
201403 -7.583 95.700 -8.463
201406 9.030 98.000 9.841
201409 12.320 98.500 13.358
201412 16.840 97.900 18.371
201503 -0.992 97.900 -1.082
201506 14.420 98.400 15.651
201509 10.180 98.500 11.038
201512 16.067 98.100 17.492
201603 3.877 97.900 4.229
201606 5.990 98.100 6.521
201609 9.756 98.000 10.632
201612 24.669 98.400 26.775
201703 5.480 98.100 5.966
201706 16.580 98.500 17.977
201709 13.260 98.800 14.334
201712 22.723 99.400 24.415
201803 2.760 99.200 2.971
201806 16.810 99.200 18.098
201809 5.410 99.900 5.784
201812 26.820 99.700 28.730
201903 0.341 99.700 0.365
201906 11.630 99.800 12.446
201909 13.530 100.100 14.436
201912 22.375 100.500 23.778
202003 -0.074 100.300 -0.079
202006 10.200 99.900 10.905
202009 5.830 99.900 6.233
202012 26.360 99.300 28.351
202103 3.860 99.900 4.127
202106 16.670 99.500 17.893
202109 19.990 100.100 21.328
202112 16.690 100.100 17.807
202203 2.160 101.100 2.282
202206 13.600 101.800 14.268
202209 24.142 103.100 25.008
202212 21.980 104.100 22.550
202303 8.490 104.400 8.685
202306 19.220 105.200 19.512
202309 18.327 106.200 18.431
202312 27.670 106.800 27.670

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


Nissui  (TSE:1332) 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.

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

Shiller PE Ratio=Share Price/E10
=842.90/53.86
=15.65

* 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 Nissui was 184.55. The lowest was 11.18. And the median was 16.63.


Be Aware

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


Nissui E10 Related Terms

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


Nissui (TSE:1332) Business Description

Traded in Other Exchanges
Address
1-3-1 Nishi-Shimbashi, Nishi-Shimbashi Square, Minato-ku, Tokyo, JPN, 105-8676
Nissui Corp primarily operates in the marine and food product businesses. The company divides its business activities into four segments: the marine products segment, which is engaged in the fishing, processing, and sale of marine products; the food segment, which produces and sells processed food products; the fine segment, which consists of the manufacture and sale of generic pharmaceuticals and health food; and the logistics segment, which is engaged in the cold storage of marine products and cargo transportation. The company also provides construction and repair of ships, marine transportation, and engineering services, and it operates in cosmetics business through its subsidiary.

Nissui (TSE:1332) Headlines

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