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Value Golf (TSE:3931) E10 : 円44.68 (As of Jul. 2024)


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What is Value Golf 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.

Value Golf's adjusted earnings per share data for the fiscal year that ended in Jan. 2024 was 円12.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円44.68 for the trailing ten years ended in Jan. 2024.

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 (2025-03-24), Value Golf's current stock price is 円 1372.00. Value Golf's E10 for the fiscal year that ended in Jan. 2024 was 円44.68. Value Golf's Shiller PE Ratio of today is 30.71.

During the past 10 years, the highest Shiller PE Ratio of Value Golf was 29.12. The lowest was 22.56. And the median was 22.90.


Value Golf E10 Historical Data

The historical data trend for Value Golf'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.

Value Golf E10 Chart

Value Golf 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 - - - - 44.68

Value Golf 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 - - 44.68 - -

Competitive Comparison of Value Golf's E10

For the Publishing subindustry, Value Golf'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.


Value Golf's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Value Golf's Shiller PE Ratio distribution charts can be found below:

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



Value Golf 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, Value Golf's adjusted earnings per share data for the fiscal year that ended in Jan. 2024 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=12.56/106.9000*106.9000
=12.560

Current CPI (Jan. 2024) = 106.9000.

Value Golf Annual Data

per_share_eps CPI Adj_EPS
201501 18.560 97.800 20.287
201601 69.350 97.700 75.880
201701 33.290 98.200 36.239
201801 78.090 99.500 83.898
201901 56.730 99.700 60.827
202001 36.090 100.500 38.388
202101 -17.940 99.800 -19.216
202201 68.570 100.300 73.082
202301 63.560 104.700 64.896
202401 12.560 106.900 12.560

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


Value Golf  (TSE:3931) 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.

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

Shiller PE Ratio=Share Price/E10
=1372.00/44.68
=30.71

* 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 10 years, the highest Shiller P/E Ratio of Value Golf was 29.12. The lowest was 22.56. And the median was 22.90.


Be Aware

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


Value Golf E10 Related Terms

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


Value Golf Business Description

Traded in Other Exchanges
N/A
Address
Shiba 4-chome Minato-ku, Tokyo Fast Okada Building, 4th and 5th floor, Tokyo, JPN, 108-0014
Value Golf Inc is engaged in the management of golf-related media, issues Golf magazines, and manages WEB services, develops systems and provides ASP services related to golf. It offers value service in both real and WEB. It also has advertisement media production business and medical business which include publication, service management for medical institutions.

Value Golf Headlines

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