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Raito Kogyo Co (TSE:1926) E10 : 円148.78 (As of Dec. 2023)


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What is Raito Kogyo 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.

Raito Kogyo Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円45.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円148.78 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Raito Kogyo Co'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 Raito Kogyo Co was 27.90% per year. The lowest was 14.30% per year. And the median was 15.70% per year.

As of today (2024-06-22), Raito Kogyo Co's current stock price is 円2127.00. Raito Kogyo Co's E10 for the quarter that ended in Dec. 2023 was 円148.78. Raito Kogyo Co's Shiller PE Ratio of today is 14.30.

During the past 13 years, the highest Shiller PE Ratio of Raito Kogyo Co was 50.58. The lowest was 12.76. And the median was 17.02.


Raito Kogyo Co E10 Historical Data

The historical data trend for Raito Kogyo 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.

Raito Kogyo Co E10 Chart

Raito Kogyo Co 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 89.40 103.98 119.38 138.32 -

Raito Kogyo Co 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 138.32 141.63 146.14 148.78 -

Competitive Comparison of Raito Kogyo Co's E10

For the Engineering & Construction subindustry, Raito Kogyo 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.


Raito Kogyo Co's Shiller PE Ratio Distribution in the Construction Industry

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

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



Raito Kogyo 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, Raito Kogyo Co'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)
=45.37/106.8000*106.8000
=45.370

Current CPI (Dec. 2023) = 106.8000.

Raito Kogyo Co Quarterly Data

per share eps CPI Adj_EPS
201403 33.690 95.700 37.598
201406 10.480 98.000 11.421
201409 19.640 98.500 21.295
201412 23.710 97.900 25.865
201503 33.555 97.900 36.605
201506 26.200 98.400 28.437
201509 21.640 98.500 23.463
201512 27.210 98.100 29.623
201603 37.334 97.900 40.728
201606 24.020 98.100 26.150
201609 30.400 98.000 33.130
201612 38.075 98.400 41.325
201703 36.650 98.100 39.900
201706 22.100 98.500 23.962
201709 36.271 98.800 39.208
201712 29.891 99.400 32.116
201803 36.100 99.200 38.866
201806 22.750 99.200 24.493
201809 29.253 99.900 31.273
201812 38.290 99.700 41.017
201903 34.040 99.700 36.464
201906 19.140 99.800 20.482
201909 35.520 100.100 37.897
201912 22.770 100.500 24.197
202003 58.770 100.300 62.579
202006 22.500 99.900 24.054
202009 40.840 99.900 43.661
202012 42.500 99.300 45.710
202103 60.740 99.900 64.935
202106 29.710 99.500 31.890
202109 34.330 100.100 36.628
202112 56.650 100.100 60.442
202203 53.430 101.100 56.442
202206 23.040 101.800 24.172
202209 50.080 103.100 51.877
202212 59.360 104.100 60.900
202303 58.110 104.400 59.446
202306 23.690 105.200 24.050
202309 49.850 106.200 50.132
202312 45.370 106.800 45.370

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


Raito Kogyo Co  (TSE:1926) 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.

Raito Kogyo Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2127.00/148.78
=14.30

* 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 Raito Kogyo Co was 50.58. The lowest was 12.76. And the median was 17.02.


Be Aware

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


Raito Kogyo Co E10 Related Terms

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


Raito Kogyo Co (TSE:1926) Business Description

Traded in Other Exchanges
N/A
Address
4-2-35 Kudan-kita, Chiyoda-ku, Tokyo, JPN, 102-8236
Raito Kogyo Co Ltd is a civil engineering contractor. It provides engineering, building construction and sells related products and materials. The company operates in construction business segment that provides slope protection, landslide prevention, foundation/ground improvement, structural repair/reinforcement, environmental restoration, and sewage system construction. It has operations in North America and other countries with revenue from Japan.

Raito Kogyo Co (TSE:1926) Headlines

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