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Yamato (TSE:1967) E10 : 円91.11 (As of Sep. 2024)


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What is Yamato 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.

Yamato's adjusted earnings per share data for the three months ended in Sep. 2024 was 円29.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円91.11 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Yamato's average E10 Growth Rate was 10.50% per year. During the past 3 years, the average E10 Growth Rate was 11.20% per year. During the past 5 years, the average E10 Growth Rate was 13.30% 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 Yamato was 16.00% per year. The lowest was 11.20% per year. And the median was 13.80% per year.

As of today (2025-03-25), Yamato's current stock price is 円1524.00. Yamato's E10 for the quarter that ended in Sep. 2024 was 円91.11. Yamato's Shiller PE Ratio of today is 16.73.

During the past 13 years, the highest Shiller PE Ratio of Yamato was 16.83. The lowest was 8.55. And the median was 11.39.


Yamato E10 Historical Data

The historical data trend for Yamato'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.

Yamato E10 Chart

Yamato 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 54.69 62.31 72.80 80.51 85.76

Yamato 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 82.91 85.76 88.54 91.11 -

Competitive Comparison of Yamato's E10

For the Engineering & Construction subindustry, Yamato'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.


Yamato's Shiller PE Ratio Distribution in the Construction Industry

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

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



Yamato 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, Yamato'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)
=29.93/108.9000*108.9000
=29.930

Current CPI (Sep. 2024) = 108.9000.

Yamato Quarterly Data

per share eps CPI Adj_EPS
201412 12.730 97.900 14.160
201503 15.839 97.900 17.619
201506 5.550 98.400 6.142
201509 15.032 98.500 16.619
201512 18.770 98.100 20.836
201603 38.350 97.900 42.659
201606 13.320 98.100 14.786
201609 19.100 98.000 21.224
201612 10.701 98.400 11.843
201703 30.530 98.100 33.891
201706 19.470 98.500 21.526
201709 29.140 98.800 32.119
201712 27.390 99.400 30.008
201803 22.150 99.200 24.316
201806 11.440 99.200 12.559
201809 25.730 99.900 28.048
201812 20.577 99.700 22.476
201903 32.283 99.700 35.262
201906 26.220 99.800 28.611
201909 26.440 100.100 28.764
201912 27.850 100.500 30.178
202003 11.648 100.300 12.647
202006 23.110 99.900 25.192
202009 15.900 99.900 17.332
202012 16.370 99.300 17.953
202103 33.570 99.900 36.594
202106 25.560 99.500 27.975
202109 30.167 100.100 32.819
202112 27.960 100.100 30.418
202203 23.772 101.100 25.606
202206 17.660 101.800 18.892
202209 13.089 103.100 13.825
202212 7.130 104.100 7.459
202303 34.980 104.400 36.488
202306 15.380 105.200 15.921
202309 -7.144 106.200 -7.326
202312 4.420 106.800 4.507
202403 45.980 107.200 46.709
202406 24.340 108.200 24.497
202409 29.930 108.900 29.930

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


Yamato  (TSE:1967) 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.

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

Shiller PE Ratio=Share Price/E10
=1524.00/91.11
=16.73

* 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 Yamato was 16.83. The lowest was 8.55. And the median was 11.39.


Be Aware

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


Yamato E10 Related Terms

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


Yamato Business Description

Traded in Other Exchanges
N/A
Address
No.118 Furuichi-machi, Maebashi-shi, JPN, 371-0844
Yamato Corp designs and builds air-conditioning and sanitation facilities such as clean room. The company also designs, installs, and sells environmental equipment such as waste disposal and sewage purifying systems for industrial and home usage.

Yamato Headlines

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