GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » West Holdings Corp (TSE:1407) » Definitions » E10

West Holdings (TSE:1407) E10 : 円100.38 (As of Feb. 2024)


View and export this data going back to 2006. Start your Free Trial

What is West 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.

West Holdings's adjusted earnings per share data for the three months ended in Feb. 2024 was 円25.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円100.38 for the trailing ten years ended in Feb. 2024.

During the past 12 months, West Holdings's average E10 Growth Rate was 9.60% per year. During the past 3 years, the average E10 Growth Rate was 14.90% per year. During the past 5 years, the average E10 Growth Rate was 14.00% 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 West Holdings was 16.00% per year. The lowest was 13.50% per year. And the median was 14.90% per year.

As of today (2024-05-24), West Holdings's current stock price is 円2746.00. West Holdings's E10 for the quarter that ended in Feb. 2024 was 円100.38. West Holdings's Shiller PE Ratio of today is 27.36.

During the past 13 years, the highest Shiller PE Ratio of West Holdings was 83.42. The lowest was 7.91. And the median was 31.16.


West Holdings E10 Historical Data

The historical data trend for West 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.

West Holdings E10 Chart

West Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.38 66.69 80.32 91.15 101.25

West Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 91.58 95.97 101.25 102.76 100.38

Competitive Comparison of West Holdings's E10

For the Utilities - Renewable subindustry, West 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.


West Holdings's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, West Holdings's Shiller PE Ratio distribution charts can be found below:

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



West 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, West Holdings's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=25.67/106.9000*106.9000
=25.670

Current CPI (Feb. 2024) = 106.9000.

West Holdings Quarterly Data

per share eps CPI Adj_EPS
201405 34.598 98.100 37.702
201408 27.645 98.300 30.064
201411 -1.331 97.900 -1.453
201502 35.478 97.600 38.859
201505 5.935 98.700 6.428
201508 34.539 98.400 37.523
201511 7.692 98.100 8.382
201602 14.705 97.800 16.073
201605 3.034 98.200 3.303
201608 35.183 97.900 38.417
201611 -4.302 98.600 -4.664
201702 14.223 98.100 15.499
201705 2.199 98.600 2.384
201708 23.112 98.500 25.083
201711 -4.675 99.100 -5.043
201802 12.772 99.500 13.722
201805 9.755 99.300 10.502
201808 44.497 99.800 47.663
201811 8.959 100.000 9.577
201902 19.041 99.700 20.416
201905 13.825 100.000 14.779
201908 43.808 100.000 46.831
201911 18.262 100.500 19.425
202002 21.669 100.300 23.095
202005 16.564 100.100 17.689
202008 51.160 100.100 54.635
202011 25.940 99.500 27.869
202102 23.006 99.800 24.643
202105 22.810 99.400 24.531
202108 87.930 99.700 94.280
202111 5.760 100.100 6.151
202202 35.737 100.700 37.937
202205 -28.910 101.800 -30.358
202208 92.095 102.700 95.861
202211 4.360 103.900 4.486
202302 21.518 104.000 22.118
202305 47.330 105.100 48.141
202308 74.741 105.900 75.447
202311 20.170 106.900 20.170
202402 25.670 106.900 25.670

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


West Holdings  (TSE:1407) 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.

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

Shiller PE Ratio=Share Price/E10
=2746.00/100.38
=27.36

* 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 West Holdings was 83.42. The lowest was 7.91. And the median was 31.16.


Be Aware

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


West Holdings E10 Related Terms

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


West Holdings (TSE:1407) Business Description

Traded in Other Exchanges
N/A
Address
3-20-2 Nishi-Shinjuku, Tokyo Opera City Building 32 Floor, Shinjuku-ku, Tokyo, JPN, 163-1432
West Holdings Corp is engaged in the solar power generation. The company generates solar power for municipalities, residential and industrial use. Its business activities are divided into different divisions including Stadtberg business, Solar power generation for municipalities, special high-pressure solar power generation, Industrial solar power generation, Residential solar power generation, O & M (operation and management), Sales of electricity and Esco Business. Stadtberg division provides consulting and operation support for infrastructure services centered on renewable energy. O & M division monitors the photovoltaic power plant and maintains the maximum amount of power generation. Its Esco division provides various energy-saving measures.

West Holdings (TSE:1407) Headlines

No Headlines