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Daisho Co (TSE:2816) E10 : 円43.97 (As of Dec. 2023)


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What is Daisho 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.

Daisho Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円71.379. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円43.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Daisho Co's average E10 Growth Rate was 7.00% per year. During the past 3 years, the average E10 Growth Rate was -3.60% 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 Daisho Co was -2.90% per year. The lowest was -3.60% per year. And the median was -3.25% per year.

As of today (2024-06-23), Daisho Co's current stock price is 円1433.00. Daisho Co's E10 for the quarter that ended in Dec. 2023 was 円43.97. Daisho Co's Shiller PE Ratio of today is 32.59.

During the past 13 years, the highest Shiller PE Ratio of Daisho Co was 38.74. The lowest was 23.66. And the median was 31.41.


Daisho Co E10 Historical Data

The historical data trend for Daisho 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.

Daisho Co E10 Chart

Daisho Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.14 44.74 43.22 43.13 40.04

Daisho Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 41.08 40.04 40.48 41.81 43.97

Competitive Comparison of Daisho Co's E10

For the Food Distribution subindustry, Daisho 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.


Daisho Co's Shiller PE Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Daisho Co's Shiller PE Ratio distribution charts can be found below:

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



Daisho 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, Daisho Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=71.379/106.8000*106.8000
=71.379

Current CPI (Dec. 2023) = 106.8000.

Daisho Co Quarterly Data

per share eps CPI Adj_EPS
201403 -17.516 95.700 -19.548
201406 -2.910 98.000 -3.171
201409 8.730 98.500 9.466
201412 41.020 97.900 44.749
201503 -18.570 97.900 -20.258
201506 -5.190 98.400 -5.633
201509 11.898 98.500 12.901
201512 35.590 98.100 38.746
201603 -20.880 97.900 -22.778
201606 -7.550 98.100 -8.220
201609 12.815 98.000 13.966
201612 42.787 98.400 46.440
201703 -17.370 98.100 -18.910
201706 -5.360 98.500 -5.812
201709 14.918 98.800 16.126
201712 51.074 99.400 54.876
201803 -19.787 99.200 -21.303
201806 -4.100 99.200 -4.414
201809 16.990 99.900 18.163
201812 44.610 99.700 47.787
201903 -23.830 99.700 -25.527
201906 -1.440 99.800 -1.541
201909 11.810 100.100 12.600
201912 46.723 100.500 49.652
202003 -15.360 100.300 -16.355
202006 10.670 99.900 11.407
202009 23.310 99.900 24.920
202012 55.425 99.300 59.611
202103 -34.200 99.900 -36.562
202106 10.120 99.500 10.862
202109 29.215 100.100 31.170
202112 62.530 100.100 66.715
202203 -43.718 101.100 -46.183
202206 1.080 101.800 1.133
202209 17.570 103.100 18.201
202212 51.177 104.100 52.504
202303 -37.710 104.400 -38.577
202306 2.220 105.200 2.254
202309 18.730 106.200 18.836
202312 71.379 106.800 71.379

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


Daisho Co  (TSE:2816) 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.

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

Shiller PE Ratio=Share Price/E10
=1433.00/43.97
=32.59

* 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 Daisho Co was 38.74. The lowest was 23.66. And the median was 31.41.


Be Aware

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


Daisho Co E10 Related Terms

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


Daisho Co (TSE:2816) Business Description

Traded in Other Exchanges
N/A
Address
1-17-3, Kamezawa, Sumida-ku, Tokyo, JPN, 130-0014
Daisho Co Ltd is engaged in production and sales of dipping sauce, soup and seasoning powder ingredients. The company's products are divided into Retail products and Foodservice products. Retail products consist of green vegetable juice, meat, salt and pepper, and others, and Foodservice products comprise of Chubo-Ou Karaage mix, Yakiniku Dori Garlic and Soy, and others.

Daisho Co (TSE:2816) Headlines

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