GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Apple International Co Ltd (TSE:2788) » Definitions » E10

Apple International Co (TSE:2788) E10 : 円46.79 (As of Jun. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Apple International 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.

Apple International Co's adjusted earnings per share data for the three months ended in Jun. 2024 was 円19.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円46.79 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Apple International Co's average E10 Growth Rate was 27.00% per year. During the past 3 years, the average E10 Growth Rate was 63.40% 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 Apple International Co was 63.40% per year. The lowest was 63.40% per year. And the median was 63.40% per year.

As of today (2024-12-12), Apple International Co's current stock price is 円453.00. Apple International Co's E10 for the quarter that ended in Jun. 2024 was 円46.79. Apple International Co's Shiller PE Ratio of today is 9.68.

During the past 13 years, the highest Shiller PE Ratio of Apple International Co was 53.83. The lowest was 7.59. And the median was 11.89.


Apple International Co E10 Historical Data

The historical data trend for Apple International 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.

Apple International Co E10 Chart

Apple International Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.85 9.10 18.11 31.47 39.72

Apple International Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 36.84 39.38 39.72 44.84 46.79

Competitive Comparison of Apple International Co's E10

For the Auto & Truck Dealerships subindustry, Apple International 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.


Apple International Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Apple International Co's Shiller PE Ratio distribution charts can be found below:

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



Apple International 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, Apple International Co's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=19.43/108.2000*108.2000
=19.430

Current CPI (Jun. 2024) = 108.2000.

Apple International Co Quarterly Data

per share eps CPI Adj_EPS
201409 12.280 98.500 13.489
201412 -83.766 97.900 -92.579
201503 8.470 97.900 9.361
201506 15.249 98.400 16.768
201509 13.008 98.500 14.289
201512 65.440 98.100 72.177
201603 12.630 97.900 13.959
201606 -4.213 98.100 -4.647
201609 12.500 98.000 13.801
201612 10.270 98.400 11.293
201703 5.940 98.100 6.552
201706 5.180 98.500 5.690
201709 5.550 98.800 6.078
201712 -1.400 99.400 -1.524
201803 3.980 99.200 4.341
201806 61.740 99.200 67.341
201809 6.560 99.900 7.105
201812 -1.860 99.700 -2.019
201903 3.460 99.700 3.755
201906 4.750 99.800 5.150
201909 0.900 100.100 0.973
201912 2.307 100.500 2.484
202003 0.930 100.300 1.003
202006 5.790 99.900 6.271
202009 7.850 99.900 8.502
202012 9.147 99.300 9.967
202103 15.080 99.900 16.333
202106 5.098 99.500 5.544
202109 1.299 100.100 1.404
202112 7.640 100.100 8.258
202203 10.400 101.100 11.130
202206 28.560 101.800 30.356
202209 46.900 103.100 49.220
202212 12.849 104.100 13.355
202303 23.330 104.400 24.179
202306 37.360 105.200 38.425
202309 18.080 106.200 18.420
202312 -0.950 106.800 -0.962
202403 32.910 107.200 33.217
202406 19.430 108.200 19.430

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


Apple International Co  (TSE:2788) 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.

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

Shiller PE Ratio=Share Price/E10
=453.00/46.79
=9.68

* 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 Apple International Co was 53.83. The lowest was 7.59. And the median was 11.89.


Be Aware

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


Apple International Co E10 Related Terms

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


Apple International Co Business Description

Traded in Other Exchanges
Address
No.3-3 Yokkaichi, Mie Prefecture Hinaga 2-chome, Yokkaichi-shi, JPN, 510-0885
Apple International Co Ltd is a second-hand car exporter. Its purchase and sales used cars. It exports used cars and related auto-parts to South-Eastern countries.

Apple International Co Headlines

No Headlines