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Misawa (TSE:3169) E10 : 円25.76 (As of Jul. 2024)


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What is Misawa 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.

Misawa's adjusted earnings per share data for the three months ended in Jul. 2024 was 円-4.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円25.76 for the trailing ten years ended in Jul. 2024.

During the past 12 months, Misawa's average E10 Growth Rate was -14.80% per year. During the past 3 years, the average E10 Growth Rate was -27.80% 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 Misawa was -27.80% per year. The lowest was -27.80% per year. And the median was -27.80% per year.

As of today (2025-03-24), Misawa's current stock price is 円628.00. Misawa's E10 for the quarter that ended in Jul. 2024 was 円25.76. Misawa's Shiller PE Ratio of today is 24.38.

During the past 13 years, the highest Shiller PE Ratio of Misawa was 28.26. The lowest was 8.60. And the median was 21.62.


Misawa E10 Historical Data

The historical data trend for Misawa'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.

Misawa E10 Chart

Misawa Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 76.55 29.87 32.08 28.80

Misawa Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 30.24 28.94 28.80 27.36 25.76

Competitive Comparison of Misawa's E10

For the Department Stores subindustry, Misawa'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.


Misawa's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

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

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=-4.26/108.6000*108.6000
=-4.260

Current CPI (Jul. 2024) = 108.6000.

Misawa Quarterly Data

per share eps CPI Adj_EPS
201410 11.077 98.200 12.250
201501 11.050 97.800 12.270
201504 0.270 98.400 0.298
201507 9.760 98.300 10.783
201510 -0.250 98.500 -0.276
201601 -20.840 97.700 -23.165
201604 4.670 98.100 5.170
201607 2.700 97.900 2.995
201610 -19.790 98.600 -21.797
201701 -46.301 98.200 -51.205
201704 3.090 98.500 3.407
201707 3.520 98.300 3.889
201710 -3.620 98.800 -3.979
201801 -47.842 99.500 -52.217
201804 1.540 99.100 1.688
201807 16.160 99.200 17.691
201810 8.600 100.200 9.321
201901 -3.300 99.700 -3.595
201904 15.650 100.000 16.996
201907 35.280 99.800 38.391
201910 15.580 100.400 16.852
202001 5.220 100.500 5.641
202004 4.700 100.200 5.094
202007 40.080 100.000 43.527
202010 2.708 99.800 2.947
202101 38.970 99.800 42.406
202104 27.610 99.100 30.257
202107 28.498 99.700 31.042
202110 18.120 99.900 19.698
202201 23.140 100.300 25.055
202204 18.580 101.500 19.880
202207 12.055 102.300 12.797
202210 3.498 103.700 3.663
202301 13.810 104.700 14.324
202304 6.730 105.100 6.954
202307 -8.130 105.700 -8.353
202310 -5.686 107.100 -5.766
202401 8.810 106.900 8.950
202404 7.940 107.700 8.006
202407 -4.260 108.600 -4.260

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


Misawa  (TSE:3169) 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.

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

Shiller PE Ratio=Share Price/E10
=628.00/25.76
=24.38

* 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 Misawa was 28.26. The lowest was 8.60. And the median was 21.62.


Be Aware

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


Misawa E10 Related Terms

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


Misawa Business Description

Traded in Other Exchanges
N/A
Address
Ebisu 4-Chome Number 20 3, Shibuya-ku, Tokyo, JPN
Misawa & Co Ltd engages in the management of lifestyle shops, fabric stores, restaurants, and cafes in Japan. The company offers sofa and ottoman products, chairs, AV boards, table desks, chests and cabinets, beds/mattresses, mirrors and dressers, rugs, curtains, and fabrics; and interior goods comprising living goods, kitchen goods, bathroom goods, bedroom goods, and consumer electronics.

Misawa Headlines

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