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Artner Co (TSE:2163) E10 : 円63.93 (As of Jul. 2024)


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What is Artner 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.

Artner Co's adjusted earnings per share data for the three months ended in Jul. 2024 was 円32.098. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円63.93 for the trailing ten years ended in Jul. 2024.

During the past 12 months, Artner Co's average E10 Growth Rate was 19.20% per year. During the past 3 years, the average E10 Growth Rate was 17.60% per year. During the past 5 years, the average E10 Growth Rate was 19.90% 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 Artner Co was 24.40% per year. The lowest was 14.10% per year. And the median was 17.60% per year.

As of today (2025-03-23), Artner Co's current stock price is 円1901.00. Artner Co's E10 for the quarter that ended in Jul. 2024 was 円63.93. Artner Co's Shiller PE Ratio of today is 29.74.

During the past 13 years, the highest Shiller PE Ratio of Artner Co was 49.22. The lowest was 16.33. And the median was 26.72.


Artner Co E10 Historical Data

The historical data trend for Artner 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.

Artner Co E10 Chart

Artner Co 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 32.28 35.46 40.57 47.92 57.65

Artner Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 53.62 55.82 57.65 60.62 63.93

Competitive Comparison of Artner Co's E10

For the Staffing & Employment Services subindustry, Artner 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.


Artner Co's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Artner Co's Shiller PE Ratio distribution charts can be found below:

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



Artner 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, Artner Co's adjusted earnings per share data for the three months ended in Jul. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=32.098/108.6000*108.6000
=32.098

Current CPI (Jul. 2024) = 108.6000.

Artner Co Quarterly Data

per share eps CPI Adj_EPS
201410 3.400 98.200 3.760
201501 7.559 97.800 8.394
201504 9.085 98.400 10.027
201507 8.385 98.300 9.264
201510 4.756 98.500 5.244
201601 3.793 97.700 4.216
201604 10.990 98.100 12.166
201607 7.775 97.900 8.625
201610 7.780 98.600 8.569
201701 7.667 98.200 8.479
201704 12.880 98.500 14.201
201707 11.260 98.300 12.440
201710 8.744 98.800 9.611
201801 12.370 99.500 13.501
201804 13.400 99.100 14.685
201807 12.550 99.200 13.739
201810 13.686 100.200 14.833
201901 11.270 99.700 12.276
201904 11.730 100.000 12.739
201907 16.360 99.800 17.803
201910 17.828 100.400 19.284
202001 11.809 100.500 12.761
202004 17.620 100.200 19.097
202007 13.666 100.000 14.841
202010 13.670 99.800 14.875
202101 14.194 99.800 15.446
202104 21.530 99.100 23.594
202107 18.000 99.700 19.607
202110 17.030 99.900 18.513
202201 12.024 100.300 13.019
202204 24.780 101.500 26.513
202207 20.369 102.300 21.623
202210 16.330 103.700 17.102
202301 22.760 104.700 23.608
202304 31.360 105.100 32.404
202307 26.778 105.700 27.513
202310 19.080 107.100 19.347
202401 21.770 106.900 22.116
202404 31.130 107.700 31.390
202407 32.098 108.600 32.098

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


Artner Co  (TSE:2163) 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.

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

Shiller PE Ratio=Share Price/E10
=1901.00/63.93
=29.74

* 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 Artner Co was 49.22. The lowest was 16.33. And the median was 26.72.


Be Aware

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


Artner Co E10 Related Terms

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


Artner Co Business Description

Traded in Other Exchanges
N/A
Address
2-5-5 Shinyokohama, Sumitomo Realty Shinyokohama Building, 5th Floor, Kohoku-ku Yokohama, Tokyo, JPN, 222-0033
Artner Co Ltd provides technical outsourcing services. The company offers machine designing for automotive machines, electronic and electrical designing for electronic circuit designing, and general controlling software for electronic equipment.

Artner Co Headlines

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