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Kura Sushi (TSE:2695) E10 : 円83.78 (As of Apr. 2024)


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What is Kura Sushi 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.

Kura Sushi's adjusted earnings per share data for the three months ended in Apr. 2024 was 円67.520. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円83.78 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Kura Sushi's average E10 Growth Rate was 12.80% per year. During the past 3 years, the average E10 Growth Rate was -0.60% per year. During the past 5 years, the average E10 Growth Rate was -1.80% 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 Kura Sushi was -0.60% per year. The lowest was -3.00% per year. And the median was -1.50% per year.

As of today (2024-06-22), Kura Sushi's current stock price is 円4465.00. Kura Sushi's E10 for the quarter that ended in Apr. 2024 was 円83.78. Kura Sushi's Shiller PE Ratio of today is 53.29.

During the past 13 years, the highest Shiller PE Ratio of Kura Sushi was 67.16. The lowest was 19.22. And the median was 40.74.


Kura Sushi E10 Historical Data

The historical data trend for Kura Sushi'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.

Kura Sushi E10 Chart

Kura Sushi Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.93 79.51 80.53 80.13 78.04

Kura Sushi Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 74.27 74.17 78.04 79.06 83.78

Competitive Comparison of Kura Sushi's E10

For the Restaurants subindustry, Kura Sushi'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.


Kura Sushi's Shiller PE Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kura Sushi's Shiller PE Ratio distribution charts can be found below:

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



Kura Sushi 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, Kura Sushi's adjusted earnings per share data for the three months ended in Apr. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=67.52/107.7000*107.7000
=67.520

Current CPI (Apr. 2024) = 107.7000.

Kura Sushi Quarterly Data

per share eps CPI Adj_EPS
201407 18.235 98.100 20.019
201410 13.479 98.200 14.783
201501 26.330 97.800 28.995
201504 22.564 98.400 24.697
201507 27.435 98.300 30.058
201510 28.755 98.500 31.441
201601 32.680 97.700 36.025
201604 25.880 98.100 28.413
201607 22.410 97.900 24.653
201610 31.227 98.600 34.109
201701 33.205 98.200 36.417
201704 30.114 98.500 32.927
201707 21.353 98.300 23.395
201710 39.025 98.800 42.540
201801 29.650 99.500 32.094
201804 38.305 99.100 41.629
201807 27.325 99.200 29.666
201810 34.640 100.200 37.233
201901 21.040 99.700 22.728
201904 22.340 100.000 24.060
201907 22.870 99.800 24.680
201910 28.825 100.400 30.921
202001 24.280 100.500 26.019
202004 -48.560 100.200 -52.195
202007 -16.588 100.000 -17.865
202010 34.188 99.800 36.894
202101 14.870 99.800 16.047
202104 1.960 99.100 2.130
202107 2.660 99.700 2.873
202110 28.419 99.900 30.638
202201 43.050 100.300 46.226
202204 12.370 101.500 13.126
202207 -12.400 102.300 -13.055
202210 -24.530 103.700 -25.476
202301 -15.700 104.700 -16.150
202304 -11.851 105.100 -12.144
202307 11.200 105.700 11.412
202310 38.042 107.100 38.255
202401 31.790 106.900 32.028
202404 67.520 107.700 67.520

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


Kura Sushi  (TSE:2695) 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.

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

Shiller PE Ratio=Share Price/E10
=4465.00/83.78
=53.29

* 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 Kura Sushi was 67.16. The lowest was 19.22. And the median was 40.74.


Be Aware

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


Kura Sushi E10 Related Terms

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


Kura Sushi (TSE:2695) Business Description

Traded in Other Exchanges
N/A
Address
1-2-1 Fukasaka, Naka-ku, Sakai-shi, Osaka, JPN, 599-8253
Kura Sushi Inc operates a chain of close to 400 sushi restaurants in Japan. Kura's restaurants pledge to serve natural, organic, additive-free food that is devoid of chemical seasonings and artificial sweeteners, colorings, and preservatives. They operate as revolving sushi restaurants using the conveyor belt method to serve customers, which keeps staff requirements low. The method entails customers choosing and grabbing their sushi preferences as the options rotate in front of them on a conveyor belt.

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