GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shirohato Co Ltd (TSE:3192) » Definitions » E10

Shirohato Co (TSE:3192) E10 : 円2.38 (As of Nov. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Shirohato 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.

Shirohato Co's adjusted earnings per share data for the three months ended in Nov. 2023 was 円-2.213. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円2.38 for the trailing ten years ended in Nov. 2023.

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.

As of today (2024-04-25), Shirohato Co's current stock price is 円313.00. Shirohato Co's E10 for the quarter that ended in Nov. 2023 was 円2.38. Shirohato Co's Shiller PE Ratio of today is 131.51.

During the past 11 years, the highest Shiller PE Ratio of Shirohato Co was 142.86. The lowest was 102.22. And the median was 132.14.


Shirohato Co E10 Historical Data

The historical data trend for Shirohato 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.

Shirohato Co E10 Chart

Shirohato Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Feb19 Feb20 Feb21 Feb22 Feb23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Shirohato Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - - -8.50 3.16 2.38

Competitive Comparison of Shirohato Co's E10

For the Internet Retail subindustry, Shirohato 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.


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

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

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=-2.213/106.9000*106.9000
=-2.213

Current CPI (Nov. 2023) = 106.9000.

Shirohato Co Quarterly Data

per share eps CPI Adj_EPS
201402 6.026 95.500 6.745
201405 3.850 98.100 4.195
201408 5.580 98.300 6.068
201411 2.760 97.900 3.014
201502 7.720 97.600 8.456
201505 3.460 98.700 3.747
201508 11.580 98.400 12.580
201511 7.870 98.100 8.576
201602 9.370 97.800 10.242
201605 5.010 98.200 5.454
201608 4.310 97.900 4.706
201611 1.350 98.600 1.464
201702 4.860 98.100 5.296
201705 7.350 98.600 7.969
201708 16.610 98.500 18.026
201711 11.440 99.100 12.340
201802 5.830 99.500 6.264
201805 2.790 99.300 3.004
201808 2.130 99.800 2.282
201811 1.240 100.000 1.326
201902 -1.100 99.700 -1.179
201905 -5.360 100.000 -5.730
201908 -5.161 100.000 -5.517
201911 1.240 100.500 1.319
202002 -11.560 100.300 -12.321
202005 -3.120 100.100 -3.332
202008 -10.944 100.100 -11.687
202011 -8.030 99.500 -8.627
202102 -21.076 99.800 -22.575
202105 -1.220 99.400 -1.312
202108 -1.320 99.700 -1.415
202111 -2.380 100.100 -2.542
202202 -28.607 100.700 -30.368
202205 2.310 101.800 2.426
202208 5.080 102.700 5.288
202211 -2.694 103.900 -2.772
202302 6.400 104.000 6.578
202305 -8.710 105.100 -8.859
202308 -3.110 105.900 -3.139
202311 -2.213 106.900 -2.213

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


Shirohato Co  (TSE:3192) 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.

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

Shiller PE Ratio=Share Price/E10
=313.00/2.38
=131.51

* 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 11 years, the highest Shiller P/E Ratio of Shirohato Co was 142.86. The lowest was 102.22. And the median was 132.14.


Be Aware

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


Shirohato Co E10 Related Terms

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


Shirohato Co (TSE:3192) Business Description

Traded in Other Exchanges
N/A
Address
21 Taketa Tomoda-cho, Fushimi-ku, Kyoto, JPN, 612-8418
Shirohato Co Ltd operates as an online shopping website company. It offers innerwear for men and women. The business activity of the group include purchasing of inner wear from inner manufacturers and sell to individual customers through various channels on the Internet.

Shirohato Co (TSE:3192) Headlines

No Headlines