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Tokai Holdings (TSE:3167) E10 : 円62.00 (As of Dec. 2024)


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What is Tokai Holdings 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.

Tokai Holdings's adjusted earnings per share data for the three months ended in Dec. 2024 was 円24.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円62.00 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Tokai Holdings's average E10 Growth Rate was 10.20% per year. During the past 3 years, the average E10 Growth Rate was 9.10% 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 Tokai Holdings was 9.10% per year. The lowest was 9.10% per year. And the median was 9.10% per year.

As of today (2025-03-30), Tokai Holdings's current stock price is 円992.00. Tokai Holdings's E10 for the quarter that ended in Dec. 2024 was 円62.00. Tokai Holdings's Shiller PE Ratio of today is 16.00.

During the past 13 years, the highest Shiller PE Ratio of Tokai Holdings was 23.89. The lowest was 14.92. And the median was 17.61.


Tokai Holdings E10 Historical Data

The historical data trend for Tokai Holdings'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.

Tokai Holdings E10 Chart

Tokai Holdings 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 - 44.32 48.84 52.16 57.55

Tokai Holdings 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 56.26 57.55 58.83 60.08 62.00

Competitive Comparison of Tokai Holdings's E10

For the Conglomerates subindustry, Tokai Holdings'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.


Tokai Holdings's Shiller PE Ratio Distribution in the Conglomerates Industry

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

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


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Tokai Holdings 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, Tokai Holdings'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)
=24.9/110.7000*110.7000
=24.900

Current CPI (Dec. 2024) = 110.7000.

Tokai Holdings Quarterly Data

per share eps CPI Adj_EPS
201503 18.320 97.900 20.715
201506 6.110 98.400 6.874
201509 -3.900 98.500 -4.383
201512 8.700 98.100 9.817
201603 15.980 97.900 18.069
201606 13.510 98.100 15.245
201609 4.700 98.000 5.309
201612 18.850 98.400 21.206
201703 19.250 98.100 21.722
201706 8.990 98.500 10.103
201709 0.430 98.800 0.482
201712 16.660 99.400 18.554
201803 24.290 99.200 27.106
201806 10.940 99.200 12.208
201809 2.320 99.900 2.571
201812 17.030 99.700 18.909
201903 29.065 99.700 32.272
201906 17.100 99.800 18.968
201909 9.539 100.100 10.549
201912 12.264 100.500 13.509
202003 23.960 100.300 26.444
202006 18.680 99.900 20.699
202009 6.360 99.900 7.048
202012 20.288 99.300 22.617
202103 21.983 99.900 24.360
202106 14.280 99.500 15.887
202109 3.129 100.100 3.460
202112 17.960 100.100 19.862
202203 33.110 101.100 36.254
202206 13.720 101.800 14.919
202209 -12.590 103.100 -13.518
202212 20.319 104.100 21.607
202303 27.890 104.400 29.573
202306 10.250 105.200 10.786
202309 6.744 106.200 7.030
202312 20.780 106.800 21.539
202403 27.150 107.200 28.036
202406 14.330 108.200 14.661
202409 3.970 108.900 4.036
202412 24.900 110.700 24.900

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


Tokai Holdings  (TSE:3167) 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.

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

Shiller PE Ratio=Share Price/E10
=992.00/62.00
=16.00

* 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 Tokai Holdings was 23.89. The lowest was 14.92. And the median was 17.61.


Be Aware

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


Tokai Holdings E10 Related Terms

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


Tokai Holdings Business Description

Traded in Other Exchanges
N/A
Address
2-6-8, Tokiwa-Cho, Aoi-ku, Shizuoka Prefecture, Shizuoka, JPN, 5008828
Tokai Holdings Corp is engaged in miscellaneous business operations. The scope of its activities includes energy, residential real estate and cable television. The energy business relates to the sale of liquefied petroleum gas, liquefied natural gas, oil products, high-pressure gas such as oxygen and nitrogen. The real estate division is responsible for the construction and design of residential buildings and stores. The communication division is engaged in software development, information processing service, optical fiber leasing, data transmission, and the sale of asymmetric digital subscriber line.

Tokai Holdings Headlines

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