GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Sekisui House Ltd (TSE:1928) » Definitions » E10

Sekisui House (TSE:1928) E10 : 円212.34 (As of Jan. 2024)


View and export this data going back to 1970. Start your Free Trial

What is Sekisui House 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.

Sekisui House's adjusted earnings per share data for the three months ended in Jan. 2024 was 円92.960. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円212.34 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Sekisui House's average E10 Growth Rate was 11.70% per year. During the past 3 years, the average E10 Growth Rate was 14.10% per year. During the past 5 years, the average E10 Growth Rate was 14.70% 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 Sekisui House was 17.00% per year. The lowest was 13.30% per year. And the median was 14.80% per year.

As of today (2024-05-15), Sekisui House's current stock price is 円3600.00. Sekisui House's E10 for the quarter that ended in Jan. 2024 was 円212.34. Sekisui House's Shiller PE Ratio of today is 16.95.

During the past 13 years, the highest Shiller PE Ratio of Sekisui House was 42.54. The lowest was 12.44. And the median was 15.84.


Sekisui House E10 Historical Data

The historical data trend for Sekisui House'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.

Sekisui House E10 Chart

Sekisui House Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 130.67 143.08 162.29 190.13 212.34

Sekisui House Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 190.13 195.59 200.48 207.93 212.34

Competitive Comparison of Sekisui House's E10

For the Residential Construction subindustry, Sekisui House'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.


Sekisui House's Shiller PE Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Sekisui House's Shiller PE Ratio distribution charts can be found below:

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



Sekisui House 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, Sekisui House's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=92.96/106.9000*106.9000
=92.960

Current CPI (Jan. 2024) = 106.9000.

Sekisui House Quarterly Data

per share eps CPI Adj_EPS
201404 29.230 97.700 31.982
201407 30.660 98.100 33.410
201410 20.140 98.200 21.924
201501 47.510 97.800 51.931
201504 16.320 98.400 17.730
201507 57.120 98.300 62.117
201510 27.250 98.500 29.574
201601 18.720 97.700 20.483
201604 21.780 98.100 23.734
201607 52.710 97.900 57.556
201610 44.850 98.600 48.625
201701 55.880 98.200 60.831
201704 37.160 98.500 40.329
201707 49.920 98.300 54.287
201710 37.190 98.800 40.239
201801 68.550 99.500 73.648
201804 32.370 99.100 34.918
201807 51.350 99.200 55.336
201810 36.360 100.200 38.791
201901 66.210 99.700 70.991
201904 34.330 100.000 36.699
201907 78.060 99.800 83.613
201910 58.330 100.400 62.106
202001 34.850 100.500 37.069
202004 44.810 100.200 47.806
202007 42.220 100.000 45.133
202010 43.270 99.800 46.348
202101 50.720 99.800 54.328
202104 53.170 99.100 57.355
202107 53.670 99.700 57.546
202110 64.130 99.900 68.624
202201 56.280 100.300 59.983
202204 85.360 101.500 89.901
202207 69.640 102.300 72.771
202210 68.970 103.700 71.098
202301 52.490 104.700 53.593
202304 63.310 105.100 64.394
202307 76.960 105.700 77.834
202310 75.960 107.100 75.818
202401 92.960 106.900 92.960

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


Sekisui House  (TSE:1928) 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.

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

Shiller PE Ratio=Share Price/E10
=3600.00/212.34
=16.95

* 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 Sekisui House was 42.54. The lowest was 12.44. And the median was 15.84.


Be Aware

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


Sekisui House E10 Related Terms

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


Sekisui House (TSE:1928) Business Description

Traded in Other Exchanges
Address
Tower East Umeda Sky Building, 1-88 Oyodonaka 1-chome, Kita-ku, Osaka, JPN, 531-0076
Sekisui House Ltd is a Japanese construction company that focuses on residential construction. It is one of the world's largest international homebuilders and operates in Japan, China, Singapore, Australia, and the United States. Sekisui House is involved in constructing single-family detached housing and multi-unit residential housing, condominium development, and urban redevelopment. The company uses eco-friendly features in its construction projects such as solar panels and sustainable material usage. The majority of revenue for the company is derived from its detached-housing projects, followed by rental and condominium construction.

Sekisui House (TSE:1928) Headlines

No Headlines