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Sojitz (TSE:2768) E10 : 円2,549.50 (As of Dec. 2024)


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What is Sojitz 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.

Sojitz's adjusted earnings per share data for the three months ended in Dec. 2024 was 円147.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円2,549.50 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Sojitz's average E10 Growth Rate was 5.00% per year. During the past 3 years, the average E10 Growth Rate was 158.00% per year. During the past 5 years, the average E10 Growth Rate was 98.20% 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 Sojitz was 158.00% per year. The lowest was 14.60% per year. And the median was 86.70% per year.

As of today (2025-03-30), Sojitz's current stock price is 円3399.00. Sojitz's E10 for the quarter that ended in Dec. 2024 was 円2,549.50. Sojitz's Shiller PE Ratio of today is 1.33.

During the past 13 years, the highest Shiller PE Ratio of Sojitz was 22.67. The lowest was 1.04. And the median was 10.64.


Sojitz E10 Historical Data

The historical data trend for Sojitz'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.

Sojitz E10 Chart

Sojitz 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 138.48 142.47 184.48 2,350.07 2,446.33

Sojitz 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 2,428.52 2,446.33 2,475.84 2,498.17 2,549.50

Competitive Comparison of Sojitz's E10

For the Conglomerates subindustry, Sojitz'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.


Sojitz's Shiller PE Ratio Distribution in the Conglomerates Industry

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

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


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

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=147.66/110.7000*110.7000
=147.660

Current CPI (Dec. 2024) = 110.7000.

Sojitz Quarterly Data

per share eps CPI Adj_EPS
201503 23.450 97.900 26.516
201506 42.350 98.400 47.644
201509 40.000 98.500 44.954
201512 46.350 98.100 52.303
201603 17.250 97.900 19.505
201606 33.650 98.100 37.972
201609 27.750 98.000 31.346
201612 58.850 98.400 66.206
201703 42.650 98.100 48.128
201706 58.400 98.500 65.633
201709 50.450 98.800 56.526
201712 70.050 99.400 78.013
201803 48.250 99.200 53.843
201806 79.000 99.200 88.158
201809 69.550 99.900 77.069
201812 66.300 99.700 73.615
201903 66.850 99.700 74.226
201906 57.050 99.800 63.281
201909 61.050 100.100 67.515
201912 31.950 100.500 35.193
202003 94.400 100.300 104.188
202006 9.900 99.900 10.970
202009 28.210 99.900 31.260
202012 31.570 99.300 35.194
202103 42.870 99.900 47.505
202106 70.900 99.500 78.881
202109 96.490 100.100 106.708
202112 97.780 100.100 108.134
202203 87.960 101.100 96.312
202206 195.610 101.800 212.711
202209 9,146.100 103.100 9,820.303
202212 12,129.340 104.100 12,898.347
202303 10.900 104.400 11.558
202306 96.860 105.200 101.924
202309 115.390 106.200 120.279
202312 123.300 106.800 127.803
202403 115.840 107.200 119.622
202406 106.080 108.200 108.531
202409 97.850 108.900 99.467
202412 147.660 110.700 147.660

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


Sojitz  (TSE:2768) 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.

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

Shiller PE Ratio=Share Price/E10
=3399.00/2549.50
=1.33

* 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 Sojitz was 22.67. The lowest was 1.04. And the median was 10.64.


Be Aware

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


Sojitz E10 Related Terms

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


Sojitz Business Description

Traded in Other Exchanges
Address
1-1, Uchisaiwaicho 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8691
Sojitz Corp is a Japanese business conglomerate. The group operates nine business segments: automotive, aerospace and IT, energy, metals and coal, foods and agriculture, lifestyle commodities and materials, infrastructure and environment, chemicals, and retail. The largest segment by profit, chemicals, conducts trading operations in liquid chemicals such as methanol, petrochemical products such as plastics, and inorganic chemicals including rare earths and mineral-related products. The next segment contributing significantly to profits, automotive, includes a vehicle export, wholesale, assembly, and dealership business in the Association of Southeast Asian Nations region, as well as in Russia and Central and South America.

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