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Restar (TSE:3156) E10 : 円60.79 (As of Sep. 2024)


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What is Restar 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.

Restar's adjusted earnings per share data for the three months ended in Sep. 2024 was 円45.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円60.79 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Restar's average E10 Growth Rate was -4.60% per year. During the past 3 years, the average E10 Growth Rate was -6.70% 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 Restar was -5.10% per year. The lowest was -6.70% per year. And the median was -5.90% per year.

As of today (2025-04-09), Restar's current stock price is 円2022.00. Restar's E10 for the quarter that ended in Sep. 2024 was 円60.79. Restar's Shiller PE Ratio of today is 33.26.

During the past 13 years, the highest Shiller PE Ratio of Restar was 55.77. The lowest was 13.87. And the median was 28.11.


Restar E10 Historical Data

The historical data trend for Restar'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.

Restar E10 Chart

Restar 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 75.29 71.19 73.57 64.28 57.82

Restar 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 56.39 57.82 61.88 60.79 -

Competitive Comparison of Restar's E10

For the Semiconductors subindustry, Restar'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.


Restar's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Restar's Shiller PE Ratio distribution charts can be found below:

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


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Restar 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, Restar'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)
=45.4/108.9000*108.9000
=45.400

Current CPI (Sep. 2024) = 108.9000.

Restar Quarterly Data

per share eps CPI Adj_EPS
201412 92.360 97.900 102.738
201503 51.600 97.900 57.398
201506 73.090 98.400 80.889
201509 73.260 98.500 80.995
201512 53.200 98.100 59.057
201603 -596.300 97.900 -663.300
201606 -21.060 98.100 -23.379
201609 -50.140 98.000 -55.717
201612 -136.713 98.400 -151.301
201703 -345.610 98.100 -383.659
201706 40.140 98.500 44.378
201709 51.029 98.800 56.246
201712 60.330 99.400 66.096
201803 -15.890 99.200 -17.444
201806 57.120 99.200 62.705
201809 69.760 99.900 76.045
201812 50.010 99.700 54.625
201903 -37.210 99.700 -40.644
201906 117.970 99.800 128.727
201909 34.488 100.100 37.520
201912 39.730 100.500 43.051
202003 -1.896 100.300 -2.059
202006 24.800 99.900 27.034
202009 41.172 99.900 44.881
202012 175.720 99.300 192.708
202103 -106.856 99.900 -116.483
202106 83.840 99.500 91.761
202109 47.750 100.100 51.948
202112 48.556 100.100 52.825
202203 17.970 101.100 19.356
202206 73.270 101.800 78.380
202209 79.140 103.100 83.592
202212 41.890 104.100 43.822
202303 40.300 104.400 42.037
202306 22.410 105.200 23.198
202309 88.810 106.200 91.068
202312 46.640 106.800 47.557
202403 74.050 107.200 75.224
202406 99.980 108.200 100.627
202409 45.400 108.900 45.400

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


Restar  (TSE:3156) 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.

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

Shiller PE Ratio=Share Price/E10
=2022.00/60.79
=33.26

* 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 Restar was 55.77. The lowest was 13.87. And the median was 28.11.


Be Aware

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


Restar E10 Related Terms

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


Restar Business Description

Traded in Other Exchanges
N/A
Address
Lester Building, 10-9 Konan 2-chome, Minato-ku, Tokyo, JPN, 108-0075
Restar Corp manufactures and distributes semiconductors and electronic components. The company offers semiconductors/modules, optical components, displays, industrial lasers, sensors, measuring instruments/filters, batteries, quartz crystal devices, adhesive materials/optical materials, and speakers/receivers. It also provides electronic manufacturing services.

Restar Headlines

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