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Miraial Co (TSE:4238) E10 : 円112.52 (As of Jul. 2024)


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What is Miraial 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.

Miraial Co's adjusted earnings per share data for the three months ended in Jul. 2024 was 円46.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円112.52 for the trailing ten years ended in Jul. 2024.

During the past 12 months, Miraial Co's average E10 Growth Rate was 3.70% per year. During the past 3 years, the average E10 Growth Rate was 5.70% per year. During the past 5 years, the average E10 Growth Rate was 0.50% 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 Miraial Co was 5.70% per year. The lowest was -3.10% per year. And the median was -1.30% per year.

As of today (2025-03-26), Miraial Co's current stock price is 円1314.00. Miraial Co's E10 for the quarter that ended in Jul. 2024 was 円112.52. Miraial Co's Shiller PE Ratio of today is 11.68.

During the past 13 years, the highest Shiller PE Ratio of Miraial Co was 22.21. The lowest was 7.10. And the median was 13.25.


Miraial Co E10 Historical Data

The historical data trend for Miraial 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.

Miraial Co E10 Chart

Miraial Co 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 105.76 93.42 95.36 101.66 110.22

Miraial Co 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 108.50 111.24 110.22 110.56 112.52

Competitive Comparison of Miraial Co's E10

For the Semiconductor Equipment & Materials subindustry, Miraial 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.


Miraial Co's Shiller PE Ratio Distribution in the Semiconductors Industry

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

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



Miraial 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, Miraial Co's adjusted earnings per share data for the three months ended in Jul. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=46.26/108.6000*108.6000
=46.260

Current CPI (Jul. 2024) = 108.6000.

Miraial Co Quarterly Data

per share eps CPI Adj_EPS
201410 22.710 98.200 25.115
201501 7.190 97.800 7.984
201504 21.110 98.400 23.298
201507 21.180 98.300 23.399
201510 7.599 98.500 8.378
201601 -21.173 97.700 -23.535
201604 -23.180 98.100 -25.661
201607 5.798 97.900 6.432
201610 6.490 98.600 7.148
201701 16.340 98.200 18.071
201704 29.310 98.500 32.315
201707 42.780 98.300 47.263
201710 25.573 98.800 28.110
201801 23.070 99.500 25.180
201804 26.410 99.100 28.942
201807 35.550 99.200 38.919
201810 49.310 100.200 53.444
201901 28.380 99.700 30.913
201904 42.440 100.000 46.090
201907 13.612 99.800 14.812
201910 23.860 100.400 25.809
202001 21.660 100.500 23.406
202004 13.690 100.200 14.838
202007 63.540 100.000 69.004
202010 11.880 99.800 12.928
202101 23.060 99.800 25.093
202104 26.510 99.100 29.051
202107 34.410 99.700 37.482
202110 42.070 99.900 45.734
202201 52.290 100.300 56.617
202204 66.930 101.500 71.612
202207 48.570 102.300 51.561
202210 27.900 103.700 29.218
202301 30.960 104.700 32.113
202304 56.410 105.100 58.289
202307 35.280 105.700 36.248
202310 18.960 107.100 19.226
202401 3.170 106.900 3.220
202404 20.690 107.700 20.863
202407 46.260 108.600 46.260

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


Miraial Co  (TSE:4238) 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.

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

Shiller PE Ratio=Share Price/E10
=1314.00/112.52
=11.68

* 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 Miraial Co was 22.21. The lowest was 7.10. And the median was 13.25.


Be Aware

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


Miraial Co E10 Related Terms

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


Miraial Co Business Description

Traded in Other Exchanges
N/A
Address
Tokyu Building, 1-18-2 Nishi-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0021
Miraial Co Ltd is a Japanese company engaged in the production and sale of products that are indispensable to the electronics materials and semiconductor industries. Miraial develops products mainly for the semiconductor industry based on the precision molding and processing technology for high-function plastics. Its products include Front Opening Unified Pod (FOUP), cassettes, boxes, shipping containers, handles, among others.

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