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Fund Creation Group Co (TSE:3266) E10 : 円4.77 (As of Feb. 2024)


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What is Fund Creation Group 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.

Fund Creation Group Co's adjusted earnings per share data for the three months ended in Feb. 2024 was 円-1.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円4.77 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Fund Creation Group Co's average E10 Growth Rate was 8.40% per year. During the past 3 years, the average E10 Growth Rate was 18.20% 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 Fund Creation Group Co was 21.10% per year. The lowest was 18.20% per year. And the median was 19.65% per year.

As of today (2024-06-18), Fund Creation Group Co's current stock price is 円91.00. Fund Creation Group Co's E10 for the quarter that ended in Feb. 2024 was 円4.77. Fund Creation Group Co's Shiller PE Ratio of today is 19.08.

During the past 13 years, the highest Shiller PE Ratio of Fund Creation Group Co was 54.44. The lowest was 16.16. And the median was 23.51.


Fund Creation Group Co E10 Historical Data

The historical data trend for Fund Creation Group 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.

Fund Creation Group Co E10 Chart

Fund Creation Group Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.48 3.00 3.29 4.40 4.95

Fund Creation Group Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 4.40 4.32 4.93 4.95 4.77

Competitive Comparison of Fund Creation Group Co's E10

For the Asset Management subindustry, Fund Creation Group 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.


Fund Creation Group Co's Shiller PE Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fund Creation Group Co's Shiller PE Ratio distribution charts can be found below:

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



Fund Creation Group 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, Fund Creation Group Co's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-1.59/106.9000*106.9000
=-1.590

Current CPI (Feb. 2024) = 106.9000.

Fund Creation Group Co Quarterly Data

per share eps CPI Adj_EPS
201405 6.420 98.100 6.996
201408 -0.750 98.300 -0.816
201411 1.030 97.900 1.125
201502 2.360 97.600 2.585
201505 11.350 98.700 12.293
201508 -1.320 98.400 -1.434
201511 -1.710 98.100 -1.863
201602 1.830 97.800 2.000
201605 9.590 98.200 10.440
201608 -2.150 97.900 -2.348
201611 -0.800 98.600 -0.867
201702 -1.970 98.100 -2.147
201705 9.186 98.600 9.959
201708 -1.830 98.500 -1.986
201711 -1.380 99.100 -1.489
201802 -0.760 99.500 -0.817
201805 3.819 99.300 4.111
201808 -2.230 99.800 -2.389
201811 -2.140 100.000 -2.288
201902 -1.930 99.700 -2.069
201905 -0.400 100.000 -0.428
201908 -1.094 100.000 -1.169
201911 5.605 100.500 5.962
202002 -1.980 100.300 -2.110
202005 2.366 100.100 2.527
202008 -2.150 100.100 -2.296
202011 2.392 99.500 2.570
202102 -1.370 99.800 -1.467
202105 -1.010 99.400 -1.086
202108 0.425 99.700 0.456
202111 5.978 100.100 6.384
202202 -0.490 100.700 -0.520
202205 0.558 101.800 0.586
202208 -1.440 102.700 -1.499
202211 7.383 103.900 7.596
202302 -1.270 104.000 -1.305
202305 1.513 105.100 1.539
202308 3.690 105.900 3.725
202311 0.880 106.900 0.880
202402 -1.590 106.900 -1.590

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


Fund Creation Group Co  (TSE:3266) 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.

Fund Creation Group Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=91.00/4.77
=19.08

* 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 Fund Creation Group Co was 54.44. The lowest was 16.16. And the median was 23.51.


Be Aware

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


Fund Creation Group Co E10 Related Terms

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


Fund Creation Group Co (TSE:3266) Business Description

Traded in Other Exchanges
N/A
Address
1-4 Kojimachi, Hanzomon First Building 5th Floor, Chiyoda-ku, Tokyo, JPN, 102-0083
Fund Creation Group Co Ltd operates a variety of businesses, with asset management business and investment bank business as its core businesses. It aims for the organic development of each business by making full use of its high expertise.

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