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JESCO Holdings (TSE:1434) E10 : 円70.74 (As of Feb. 2024)


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What is JESCO 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.

JESCO Holdings's adjusted earnings per share data for the fiscal year that ended in Aug. 2023 was 円173.110. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円70.74 for the trailing ten years ended in Aug. 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 (2024-06-16), JESCO Holdings's current stock price is 円 872.00. JESCO Holdings's E10 for the fiscal year that ended in Aug. 2023 was 円70.74. JESCO Holdings's Shiller PE Ratio of today is 12.33.

During the past 10 years, the highest Shiller PE Ratio of JESCO Holdings was 12.64. The lowest was 8.06. And the median was 9.19.


JESCO Holdings E10 Historical Data

The historical data trend for JESCO 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.

JESCO Holdings E10 Chart

JESCO 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 - - - - 70.74

JESCO 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 - - 70.74 - -

Competitive Comparison of JESCO Holdings's E10

For the Engineering & Construction subindustry, JESCO 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.


JESCO Holdings's Shiller PE Ratio Distribution in the Construction Industry

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

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



JESCO 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, JESCO Holdings's adjusted earnings per share data for the fiscal year that ended in Aug. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Aug. 2023 (Change)*Current CPI (Aug. 2023)
=173.11/105.9000*105.9000
=173.110

Current CPI (Aug. 2023) = 105.9000.

JESCO Holdings Annual Data

per_share_eps CPI Adj_EPS
201408 47.230 98.300 50.882
201508 55.560 98.400 59.795
201608 39.200 97.900 42.403
201708 18.310 98.500 19.686
201808 169.390 99.800 179.743
201908 -19.240 100.000 -20.375
202008 47.520 100.100 50.273
202108 69.260 99.700 73.567
202208 75.960 102.700 78.327
202308 173.110 105.900 173.110

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


JESCO Holdings  (TSE:1434) 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.

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

Shiller PE Ratio=Share Price/E10
=872.00/70.74
=12.33

* 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 JESCO Holdings was 12.64. The lowest was 8.06. And the median was 9.19.


Be Aware

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


JESCO Holdings E10 Related Terms

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


JESCO Holdings (TSE:1434) Business Description

Traded in Other Exchanges
N/A
Address
21-1 Kita Shinjuku 2-chome Shinjuku-ku, Shinjuku Front Tower, 23rd Floor, Tokyo, JPN, 169-0074
JESCO Holdings Inc is an engineering technology company that handles the design, construction, maintenance, and maintenance related to the facilities of electricity and communication. It is engaged in engineering, procurement, and construction (EPC), Association of Southeast Asian Nations (ASEAN) EPC, and general media business. The ASEAN EPC project focuses on power plants, airports, factories, commercial facilities, and road accompaniment facilities. It also has integrated media business in which it sells large image equipment.

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