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Daiwa Computer Co (TSE:3816) E10 : 円73.52 (As of Jan. 2024)


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What is Daiwa Computer 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.

Daiwa Computer Co's adjusted earnings per share data for the three months ended in Jan. 2024 was 円9.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円73.52 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Daiwa Computer Co's average E10 Growth Rate was 6.00% per year. During the past 3 years, the average E10 Growth Rate was 10.90% per year. During the past 5 years, the average E10 Growth Rate was 11.80% 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 Daiwa Computer Co was 12.70% per year. The lowest was 10.90% per year. And the median was 12.20% per year.

As of today (2024-05-13), Daiwa Computer Co's current stock price is 円1174.00. Daiwa Computer Co's E10 for the quarter that ended in Jan. 2024 was 円73.52. Daiwa Computer Co's Shiller PE Ratio of today is 15.97.

During the past 13 years, the highest Shiller PE Ratio of Daiwa Computer Co was 40.06. The lowest was 12.80. And the median was 17.88.


Daiwa Computer Co E10 Historical Data

The historical data trend for Daiwa Computer 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.

Daiwa Computer Co E10 Chart

Daiwa Computer Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.64 52.94 59.20 66.80 72.15

Daiwa Computer Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 69.34 71.49 72.15 75.31 73.52

Competitive Comparison of Daiwa Computer Co's E10

For the Software - Application subindustry, Daiwa Computer 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.


Daiwa Computer Co's Shiller PE Ratio Distribution in the Software Industry

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

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



Daiwa Computer 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, Daiwa Computer Co's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=9.49/106.9000*106.9000
=9.490

Current CPI (Jan. 2024) = 106.9000.

Daiwa Computer Co Quarterly Data

per share eps CPI Adj_EPS
201404 7.499 97.700 8.205
201407 6.151 98.100 6.703
201410 13.263 98.200 14.438
201501 17.906 97.800 19.572
201504 21.465 98.400 23.319
201507 11.835 98.300 12.870
201510 10.900 98.500 11.830
201601 19.998 97.700 21.881
201604 10.832 98.100 11.804
201607 2.476 97.900 2.704
201610 13.320 98.600 14.441
201701 13.673 98.200 14.884
201704 15.419 98.500 16.734
201707 13.333 98.300 14.499
201710 16.106 98.800 17.426
201801 13.233 99.500 14.217
201804 16.116 99.100 17.384
201807 13.490 99.200 14.537
201810 18.658 100.200 19.906
201901 16.408 99.700 17.593
201904 23.858 100.000 25.504
201907 13.415 99.800 14.369
201910 28.470 100.400 30.313
202001 20.187 100.500 21.473
202004 20.921 100.200 22.320
202007 10.830 100.000 11.577
202010 24.110 99.800 25.825
202101 23.210 99.800 24.861
202104 24.599 99.100 26.535
202107 12.490 99.700 13.392
202110 26.250 99.900 28.089
202201 23.860 100.300 25.430
202204 22.500 101.500 23.697
202207 14.822 102.300 15.488
202210 21.290 103.700 21.947
202301 20.680 104.700 21.115
202304 29.800 105.100 30.310
202307 13.150 105.700 13.299
202310 35.320 107.100 35.254
202401 9.490 106.900 9.490

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


Daiwa Computer Co  (TSE:3816) 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.

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

Shiller PE Ratio=Share Price/E10
=1174.00/73.52
=15.97

* 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 Daiwa Computer Co was 40.06. The lowest was 12.80. And the median was 17.88.


Be Aware

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


Daiwa Computer Co E10 Related Terms

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


Daiwa Computer Co (TSE:3816) Business Description

Traded in Other Exchanges
N/A
Address
36-18, Wakamatsu-Cho, Takatsuki-Shi, Osaka, JPN, 569-0054
Daiwa Computer Co Ltd is engaged in designing business applications, web-related system, software development, operation support, system consulting, related equipment sales, development and sale of packaged software, consulting, SaaS/ASP service. It also engaged in the production, processing, and sale of agricultural crops.

Daiwa Computer Co (TSE:3816) Headlines

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