GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hokuto Corp (TSE:1379) » Definitions » E10

Hokuto (TSE:1379) E10 : 円81.36 (As of Sep. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Hokuto 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.

Hokuto's adjusted earnings per share data for the three months ended in Sep. 2024 was 円-32.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円81.36 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Hokuto's average E10 Growth Rate was 5.50% per year. During the past 3 years, the average E10 Growth Rate was -4.50% per year. During the past 5 years, the average E10 Growth Rate was -5.10% 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 Hokuto was -4.50% per year. The lowest was -8.20% per year. And the median was -5.70% per year.

As of today (2025-03-25), Hokuto's current stock price is 円1889.00. Hokuto's E10 for the quarter that ended in Sep. 2024 was 円81.36. Hokuto's Shiller PE Ratio of today is 23.22.

During the past 13 years, the highest Shiller PE Ratio of Hokuto was 26.06. The lowest was 15.91. And the median was 22.20.


Hokuto E10 Historical Data

The historical data trend for Hokuto'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.

Hokuto E10 Chart

Hokuto 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 89.96 90.34 84.70 75.43 78.77

Hokuto 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 73.97 78.77 84.67 81.36 -

Competitive Comparison of Hokuto's E10

For the Farm Products subindustry, Hokuto'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.


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

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

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



Hokuto 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, Hokuto's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-32.63/108.9000*108.9000
=-32.630

Current CPI (Sep. 2024) = 108.9000.

Hokuto Quarterly Data

per share eps CPI Adj_EPS
201412 106.260 97.900 118.199
201503 35.700 97.900 39.711
201506 -25.070 98.400 -27.745
201509 -1.721 98.500 -1.903
201512 80.520 98.100 89.385
201603 27.430 97.900 30.512
201606 -46.650 98.100 -51.786
201609 -19.722 98.000 -21.916
201612 111.660 98.400 123.575
201703 42.811 98.100 47.524
201706 -37.860 98.500 -41.857
201709 -23.020 98.800 -25.373
201712 82.160 99.400 90.012
201803 53.866 99.200 59.133
201806 -32.350 99.200 -35.513
201809 -2.900 99.900 -3.161
201812 88.080 99.700 96.208
201903 42.000 99.700 45.876
201906 -18.390 99.800 -20.067
201909 -7.880 100.100 -8.573
201912 4.580 100.500 4.963
202003 70.280 100.300 76.306
202006 7.080 99.900 7.718
202009 7.560 99.900 8.241
202012 66.240 99.300 72.644
202103 31.020 99.900 33.815
202106 -16.040 99.500 -17.555
202109 -3.432 100.100 -3.734
202112 59.220 100.100 64.426
202203 35.280 101.100 38.002
202206 -17.650 101.800 -18.881
202209 -52.285 103.100 -55.226
202212 15.990 104.100 16.727
202303 -10.550 104.400 -11.005
202306 -10.500 105.200 -10.869
202309 -9.002 106.200 -9.231
202312 65.880 106.800 67.175
202403 62.470 107.200 63.461
202406 16.890 108.200 16.999
202409 -32.630 108.900 -32.630

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


Hokuto  (TSE:1379) 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.

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

Shiller PE Ratio=Share Price/E10
=1889.00/81.36
=23.22

* 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 Hokuto was 26.06. The lowest was 15.91. And the median was 22.20.


Be Aware

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


Hokuto E10 Related Terms

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


Hokuto Business Description

Traded in Other Exchanges
N/A
Address
138-1 Minamibori, Nagano, JPN, 381-8533
Hokuto Corp is a Japan-based company engaged in the manufacture and sale of mushrooms. The company operates through four segments namely Domestic mushroom business, Overseas mushroom business, Processed products business and Chemical products business. It offers various mushrooms products, including Ellinghi, Maitake, Bunashimeji, Bunapie, Milfing Millet and Book Shimeji. The company operates geographically across the United States of America, Taiwan, and Malaysia.

Hokuto Headlines

No Headlines