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Cresco (TSE:4674) E10 : 円65.47 (As of Sep. 2024)


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What is Cresco 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.

Cresco's adjusted earnings per share data for the three months ended in Sep. 2024 was 円19.902. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円65.47 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Cresco's average E10 Growth Rate was 13.30% per year. During the past 3 years, the average E10 Growth Rate was 16.40% per year. During the past 5 years, the average E10 Growth Rate was 16.40% 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 Cresco was 17.10% per year. The lowest was 16.10% per year. And the median was 16.65% per year.

As of today (2025-03-17), Cresco's current stock price is 円1131.00. Cresco's E10 for the quarter that ended in Sep. 2024 was 円65.47. Cresco's Shiller PE Ratio of today is 17.28.

During the past 13 years, the highest Shiller PE Ratio of Cresco was 38.59. The lowest was 14.09. And the median was 20.46.


Cresco E10 Historical Data

The historical data trend for Cresco'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.

Cresco E10 Chart

Cresco 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 34.51 39.29 46.45 53.97 62.02

Cresco 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 59.16 62.02 64.16 65.47 -

Competitive Comparison of Cresco's E10

For the Information Technology Services subindustry, Cresco'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.


Cresco's Shiller PE Ratio Distribution in the Software Industry

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

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=19.902/108.9000*108.9000
=19.902

Current CPI (Sep. 2024) = 108.9000.

Cresco Quarterly Data

per share eps CPI Adj_EPS
201412 9.788 97.900 10.888
201503 5.046 97.900 5.613
201506 8.203 98.400 9.078
201509 14.663 98.500 16.211
201512 12.950 98.100 14.376
201603 2.195 97.900 2.442
201606 8.145 98.100 9.042
201609 10.945 98.000 12.162
201612 13.600 98.400 15.051
201703 12.215 98.100 13.560
201706 10.923 98.500 12.076
201709 14.938 98.800 16.465
201712 13.090 99.400 14.341
201803 11.043 99.200 12.123
201806 9.458 99.200 10.383
201809 15.139 99.900 16.503
201812 13.649 99.700 14.908
201903 13.983 99.700 15.273
201906 9.900 99.800 10.803
201909 16.470 100.100 17.918
201912 20.675 100.500 22.403
202003 9.947 100.300 10.800
202006 13.225 99.900 14.416
202009 17.945 99.900 19.562
202012 21.060 99.300 23.096
202103 10.485 99.900 11.430
202106 16.715 99.500 18.294
202109 21.505 100.100 23.396
202112 22.760 100.100 24.761
202203 15.980 101.100 17.213
202206 7.620 101.800 8.151
202209 27.260 103.100 28.794
202212 18.115 104.100 18.950
202303 26.049 104.400 27.172
202306 14.440 105.200 14.948
202309 25.590 106.200 26.241
202312 17.780 106.800 18.130
202403 32.225 107.200 32.736
202406 24.948 108.200 25.109
202409 19.902 108.900 19.902

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


Cresco  (TSE:4674) 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.

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

Shiller PE Ratio=Share Price/E10
=1131.00/65.47
=17.28

* 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 Cresco was 38.59. The lowest was 14.09. And the median was 20.46.


Be Aware

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


Cresco E10 Related Terms

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


Cresco Business Description

Traded in Other Exchanges
N/A
Address
Shinagawa Intercity Building A 25 - 27 Floor, Minato - ku, Tokyo, JPN, 108-6026
Cresco Ltd is engaged in the information technology (IT) service business. Its business activities are divided into four divisions including Consulting and solution service operations, Design and development work, Operation management, Research, analysis, evaluation and technical support work. Services and solutions offered by the company include KEYAKI a platform that supports from development to operation of applications using sensors, beacons, and micro servers, Minervae (Minerva) a service brand that provides artificial intelligence (AI) know-how of utilization, Creage (Claire) a service that provides total support from cloud introduction consulting, integration, operation and monitoring. It also conducts seminars using technology useful for a digital change.

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