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Gremz (TSE:3150) E10 : 円72.35 (As of Sep. 2024)


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What is Gremz 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.

Gremz's adjusted earnings per share data for the three months ended in Sep. 2024 was 円50.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円72.35 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Gremz's average E10 Growth Rate was 29.60% per year. During the past 3 years, the average E10 Growth Rate was 34.00% per year. During the past 5 years, the average E10 Growth Rate was 28.90% 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 Gremz was 34.00% per year. The lowest was -63.30% per year. And the median was 27.15% per year.

As of today (2025-03-24), Gremz's current stock price is 円2321.00. Gremz's E10 for the quarter that ended in Sep. 2024 was 円72.35. Gremz's Shiller PE Ratio of today is 32.08.

During the past 13 years, the highest Shiller PE Ratio of Gremz was 113.28. The lowest was 1.13. And the median was 49.96.


Gremz E10 Historical Data

The historical data trend for Gremz'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.

Gremz E10 Chart

Gremz 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 22.14 25.51 34.85 45.53 61.38

Gremz 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 60.09 61.38 67.14 72.35 -

Competitive Comparison of Gremz's E10

For the Utilities - Regulated Electric subindustry, Gremz'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.


Gremz's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gremz's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=50.98/108.9000*108.9000
=50.980

Current CPI (Sep. 2024) = 108.9000.

Gremz Quarterly Data

per share eps CPI Adj_EPS
201412 1.240 97.900 1.379
201503 6.183 97.900 6.878
201506 1.552 98.400 1.718
201509 5.875 98.500 6.495
201512 6.140 98.100 6.816
201603 3.735 97.900 4.155
201606 2.935 98.100 3.258
201609 9.195 98.000 10.218
201612 5.063 98.400 5.603
201703 4.630 98.100 5.140
201706 4.095 98.500 4.527
201709 8.120 98.800 8.950
201712 7.435 99.400 8.146
201803 6.425 99.200 7.053
201806 10.165 99.200 11.159
201809 9.830 99.900 10.716
201812 14.240 99.700 15.554
201903 8.635 99.700 9.432
201906 17.005 99.800 18.556
201909 13.735 100.100 14.942
201912 19.070 100.500 20.664
202003 15.020 100.300 16.308
202006 29.330 99.900 31.972
202009 19.680 99.900 21.453
202012 20.940 99.300 22.964
202103 -21.590 99.900 -23.535
202106 30.180 99.500 33.031
202109 27.310 100.100 29.711
202112 26.270 100.100 28.579
202203 9.900 101.100 10.664
202206 15.430 101.800 16.506
202209 18.460 103.100 19.498
202212 48.840 104.100 51.092
202303 24.310 104.400 25.358
202306 55.340 105.200 57.286
202309 38.960 106.200 39.951
202312 43.420 106.800 44.274
202403 15.440 107.200 15.685
202406 50.030 108.200 50.354
202409 50.980 108.900 50.980

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


Gremz  (TSE:3150) 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.

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

Shiller PE Ratio=Share Price/E10
=2321.00/72.35
=32.08

* 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 Gremz was 113.28. The lowest was 1.13. And the median was 49.96.


Be Aware

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


Gremz E10 Related Terms

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


Gremz Business Description

Traded in Other Exchanges
N/A
Address
2-2-4 Higashi-Shinagawa, Tennoz First Tower, 19th Floor, Shinagawa-Ku, Tokyo, JPN, 140-0002
Gremz Inc through its subsidiaries engaged in providing consulting services to help businesses reduce their electric power consumption. The company is selling various products for residential photovoltaic power generation system and all electrification for general consumers. It also provides consulting for selling electric breakers and reducing electricity costs for businesses of small and medium enterprises.

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