GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Terumo Corp (TSE:4543) » Definitions » E10

Terumo (TSE:4543) E10 : 円59.44 (As of Dec. 2024)


View and export this data going back to 1982. Start your Free Trial

What is Terumo 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.

Terumo's adjusted earnings per share data for the three months ended in Dec. 2024 was 円23.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円59.44 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Terumo's average E10 Growth Rate was 16.00% per year. During the past 3 years, the average E10 Growth Rate was 11.30% per year. During the past 5 years, the average E10 Growth Rate was 10.00% 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 Terumo was 11.30% per year. The lowest was 9.60% per year. And the median was 9.60% per year.

As of today (2025-03-25), Terumo's current stock price is 円2743.00. Terumo's E10 for the quarter that ended in Dec. 2024 was 円59.44. Terumo's Shiller PE Ratio of today is 46.15.

During the past 13 years, the highest Shiller PE Ratio of Terumo was 68.99. The lowest was 36.14. And the median was 50.33.


Terumo E10 Historical Data

The historical data trend for Terumo'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.

Terumo E10 Chart

Terumo Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.07 38.80 43.49 47.49 53.44

Terumo Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 51.26 53.44 55.61 56.97 59.44

Competitive Comparison of Terumo's E10

For the Medical Instruments & Supplies subindustry, Terumo'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.


Terumo's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Terumo's Shiller PE Ratio distribution charts can be found below:

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



Terumo 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, Terumo's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=23.95/110.7000*110.7000
=23.950

Current CPI (Dec. 2024) = 110.7000.

Terumo Quarterly Data

per share eps CPI Adj_EPS
201503 2.930 97.900 3.313
201506 8.958 98.400 10.078
201509 7.768 98.500 8.730
201512 10.243 98.100 11.559
201603 4.623 97.900 5.227
201606 6.498 98.100 7.333
201609 6.625 98.000 7.484
201612 7.325 98.400 8.241
201703 15.240 98.100 17.197
201706 13.490 98.500 15.161
201709 13.820 98.800 15.485
201712 23.718 99.400 26.414
201803 9.490 99.200 10.590
201806 11.955 99.200 13.341
201809 10.770 99.900 11.934
201812 14.585 99.700 16.194
201903 15.185 99.700 16.860
201906 15.075 99.800 16.721
201909 15.130 100.100 16.732
201912 13.990 100.500 15.410
202003 12.105 100.300 13.360
202006 9.250 99.900 10.250
202009 11.785 99.900 13.059
202012 17.685 99.300 19.715
202103 12.335 99.900 13.669
202106 18.435 99.500 20.510
202109 14.600 100.100 16.146
202112 14.345 100.100 15.864
202203 11.310 101.100 12.384
202206 14.800 101.800 16.094
202209 11.870 103.100 12.745
202212 19.980 104.100 21.247
202303 12.875 104.400 13.652
202306 15.135 105.200 15.926
202309 18.485 106.200 19.268
202312 20.025 106.800 20.756
202403 17.825 107.200 18.407
202406 22.820 108.200 23.347
202409 19.740 108.900 20.066
202412 23.950 110.700 23.950

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


Terumo  (TSE:4543) 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.

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

Shiller PE Ratio=Share Price/E10
=2743.00/59.44
=46.15

* 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 Terumo was 68.99. The lowest was 36.14. And the median was 50.33.


Be Aware

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


Terumo E10 Related Terms

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


Terumo Business Description

Traded in Other Exchanges
Address
2-44-1 Hatagaya, Shibuya-ku, Tokyo, JPN, 151-0072
Started as a clinical thermometer producer in Japan in 1921, Terumo is a comprehensive medical device player with a diversified global revenue. Its product portfolio includes prefilled syringes, insulin patch pumps, neurovascular or cardiac vascular interventional devices, and blood processing systems. As of 2024, the cardiac and vascular business is the largest segment, contributing over 60% of its total revenue. Geographically, North America is the largest region, with 36% of Terumo's revenue.

Terumo Headlines

No Headlines