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Sobal (TSE:2186) E10 : 円59.69 (As of Aug. 2024)


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What is Sobal 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.

Sobal's adjusted earnings per share data for the three months ended in Aug. 2024 was 円15.529. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円59.69 for the trailing ten years ended in Aug. 2024.

During the past 12 months, Sobal's average E10 Growth Rate was 8.30% per year. During the past 3 years, the average E10 Growth Rate was 10.40% per year. During the past 5 years, the average E10 Growth Rate was 11.00% 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 Sobal was 11.10% per year. The lowest was 10.40% per year. And the median was 10.40% per year.

As of today (2025-03-24), Sobal's current stock price is 円918.00. Sobal's E10 for the quarter that ended in Aug. 2024 was 円59.69. Sobal's Shiller PE Ratio of today is 15.38.

During the past 13 years, the highest Shiller PE Ratio of Sobal was 37.94. The lowest was 15.08. And the median was 21.82.


Sobal E10 Historical Data

The historical data trend for Sobal'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.

Sobal E10 Chart

Sobal Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.70 42.80 46.30 53.48 57.63

Sobal Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 55.10 56.33 57.63 58.12 59.69

Competitive Comparison of Sobal's E10

For the Software - Application subindustry, Sobal'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.


Sobal's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Sobal's Shiller PE Ratio distribution charts can be found below:

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



Sobal 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, Sobal's adjusted earnings per share data for the three months ended in Aug. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=15.529/109.1000*109.1000
=15.529

Current CPI (Aug. 2024) = 109.1000.

Sobal Quarterly Data

per share eps CPI Adj_EPS
201411 11.240 97.900 12.526
201502 9.040 97.600 10.105
201505 13.110 98.700 14.491
201508 10.795 98.400 11.969
201511 11.315 98.100 12.584
201602 11.360 97.800 12.673
201605 11.125 98.200 12.360
201608 9.535 97.900 10.626
201611 9.680 98.600 10.711
201702 11.510 98.100 12.801
201705 12.760 98.600 14.119
201708 9.470 98.500 10.489
201711 13.150 99.100 14.477
201802 16.660 99.500 18.267
201805 13.250 99.300 14.558
201808 10.499 99.800 11.477
201811 12.404 100.000 13.533
201902 15.000 99.700 16.414
201905 15.100 100.000 16.474
201908 14.900 100.000 16.256
201911 14.123 100.500 15.332
202002 10.808 100.300 11.756
202005 10.700 100.100 11.662
202008 8.663 100.100 9.442
202011 13.090 99.500 14.353
202102 15.655 99.800 17.114
202105 15.960 99.400 17.517
202108 10.555 99.700 11.550
202111 14.300 100.100 15.586
202202 16.013 100.700 17.349
202205 18.260 101.800 19.569
202208 51.556 102.700 54.769
202211 8.408 103.900 8.829
202302 8.610 104.000 9.032
202305 12.120 105.100 12.581
202308 15.950 105.900 16.432
202311 17.219 106.900 17.573
202402 19.985 106.900 20.396
202405 13.480 108.100 13.605
202408 15.529 109.100 15.529

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


Sobal  (TSE:2186) 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.

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

Shiller PE Ratio=Share Price/E10
=918.00/59.69
=15.38

* 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 Sobal was 37.94. The lowest was 15.08. And the median was 21.82.


Be Aware

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


Sobal E10 Related Terms

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


Sobal Business Description

Traded in Other Exchanges
N/A
Address
5-9-11 Kitashinagawa Shinagawa-ku, Osaki MT Building, Tokyo, JPN, 141-0001
Sobal Corp engages in the development of embedded software for digital appliances, and research and development of wireless communication technologies in Japan. The solutions provided by the company include Embedded development, Application development, WEB. Cloud development, Manual production, Quality evaluation and IoT Solution.

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