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Startia Holdings (TSE:3393) E10 : 円57.73 (As of Dec. 2023)


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What is Startia 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.

Startia Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was 円20.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円57.73 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Startia Holdings's average E10 Growth Rate was 22.10% 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.

As of today (2024-04-29), Startia Holdings's current stock price is 円1411.00. Startia Holdings's E10 for the quarter that ended in Dec. 2023 was 円57.73. Startia Holdings's Shiller PE Ratio of today is 24.44.

During the past 13 years, the highest Shiller PE Ratio of Startia Holdings was 67.85. The lowest was 14.56. And the median was 25.39.


Startia Holdings E10 Historical Data

The historical data trend for Startia 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.

Startia Holdings E10 Chart

Startia Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -78.67 -78.39 30.00 37.42 47.98

Startia Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 47.27 47.98 53.18 56.37 57.73

Competitive Comparison of Startia Holdings's E10

For the Information Technology Services subindustry, Startia 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.


Startia Holdings's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Startia Holdings's Shiller PE Ratio distribution charts can be found below:

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



Startia 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, Startia Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=20.03/106.8000*106.8000
=20.030

Current CPI (Dec. 2023) = 106.8000.

Startia Holdings Quarterly Data

per share eps CPI Adj_EPS
201403 19.180 95.700 21.405
201406 3.665 98.000 3.994
201409 19.505 98.500 21.149
201412 4.610 97.900 5.029
201503 29.330 97.900 31.996
201506 -7.910 98.400 -8.585
201509 7.370 98.500 7.991
201512 5.570 98.100 6.064
201603 19.620 97.900 21.404
201606 -4.280 98.100 -4.660
201609 6.738 98.000 7.343
201612 7.991 98.400 8.673
201703 -9.960 98.100 -10.843
201706 4.020 98.500 4.359
201709 16.800 98.800 18.160
201712 26.910 99.400 28.913
201803 13.005 99.200 14.001
201806 6.140 99.200 6.610
201809 16.340 99.900 17.469
201812 3.580 99.700 3.835
201903 6.013 99.700 6.441
201906 -3.190 99.800 -3.414
201909 20.925 100.100 22.326
201912 1.324 100.500 1.407
202003 2.690 100.300 2.864
202006 -10.180 99.900 -10.883
202009 8.610 99.900 9.205
202012 -4.847 99.300 -5.213
202103 -6.840 99.900 -7.312
202106 -3.490 99.500 -3.746
202109 43.360 100.100 46.262
202112 0.092 100.100 0.098
202203 59.940 101.100 63.319
202206 18.750 101.800 19.671
202209 58.270 103.100 60.361
202212 31.150 104.100 31.958
202303 26.940 104.400 27.559
202306 46.770 105.200 47.481
202309 44.360 106.200 44.611
202312 20.030 106.800 20.030

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


Startia Holdings  (TSE:3393) 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.

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

Shiller PE Ratio=Share Price/E10
=1411.00/57.73
=24.44

* 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 Startia Holdings was 67.85. The lowest was 14.56. And the median was 25.39.


Be Aware

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


Startia Holdings E10 Related Terms

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


Startia Holdings (TSE:3393) Business Description

Traded in Other Exchanges
N/A
Address
19th Floor, Shinjuku Monolith Building, 2-3-1 Nishi-Shinjuku, Tokyo, JPN, 163-0919
Startia Holdings Inc is engaged in the provision of information technology services in Japan. It operates through the following business divisions: the web solution-related division, the network solution-related divisions, and the business solution-related divisions.

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