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Justsystems (TSE:4686) E10 : 円138.90 (As of Sep. 2024)


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What is Justsystems 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.

Justsystems's adjusted earnings per share data for the three months ended in Sep. 2024 was 円51.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円138.90 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Justsystems's average E10 Growth Rate was 13.40% per year. During the past 3 years, the average E10 Growth Rate was 19.10% per year. During the past 5 years, the average E10 Growth Rate was 20.70% 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 Justsystems was 43.70% per year. The lowest was 19.10% per year. And the median was 21.80% per year.

As of today (2025-03-24), Justsystems's current stock price is 円3545.00. Justsystems's E10 for the quarter that ended in Sep. 2024 was 円138.90. Justsystems's Shiller PE Ratio of today is 25.52.

During the past 13 years, the highest Shiller PE Ratio of Justsystems was 183.18. The lowest was 19.93. And the median was 58.54.


Justsystems E10 Historical Data

The historical data trend for Justsystems'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.

Justsystems E10 Chart

Justsystems 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 62.76 76.59 92.78 113.05 129.42

Justsystems 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 126.31 129.42 134.74 138.90 -

Competitive Comparison of Justsystems's E10

For the Software - Infrastructure subindustry, Justsystems'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.


Justsystems's Shiller PE Ratio Distribution in the Software Industry

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

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



Justsystems 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, Justsystems'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)
=51.45/108.9000*108.9000
=51.450

Current CPI (Sep. 2024) = 108.9000.

Justsystems Quarterly Data

per share eps CPI Adj_EPS
201412 11.040 97.900 12.280
201503 12.600 97.900 14.016
201506 14.290 98.400 15.815
201509 17.964 98.500 19.861
201512 13.550 98.100 15.042
201603 12.490 97.900 13.893
201606 16.080 98.100 17.850
201609 19.300 98.000 21.447
201612 13.340 98.400 14.763
201703 17.570 98.100 19.504
201706 17.700 98.500 19.569
201709 18.939 98.800 20.875
201712 8.588 99.400 9.409
201803 9.554 99.200 10.488
201806 24.380 99.200 26.764
201809 23.930 99.900 26.086
201812 18.065 99.700 19.732
201903 30.320 99.700 33.118
201906 42.400 99.800 46.266
201909 46.213 100.100 50.276
201912 28.410 100.500 30.785
202003 27.575 100.300 29.939
202006 47.590 99.900 51.877
202009 51.554 99.900 56.199
202012 33.950 99.300 37.232
202103 37.509 99.900 40.888
202106 51.730 99.500 56.617
202109 56.801 100.100 61.794
202112 44.250 100.100 48.140
202203 36.630 101.100 39.456
202206 56.210 101.800 60.130
202209 56.310 103.100 59.478
202212 50.075 104.100 52.384
202303 46.070 104.400 48.056
202306 47.880 105.200 49.564
202309 54.060 106.200 55.434
202312 43.380 106.800 44.233
202403 35.859 107.200 36.428
202406 51.540 108.200 51.873
202409 51.450 108.900 51.450

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


Justsystems  (TSE:4686) 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.

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

Shiller PE Ratio=Share Price/E10
=3545.00/138.90
=25.52

* 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 Justsystems was 183.18. The lowest was 19.93. And the median was 58.54.


Be Aware

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


Justsystems E10 Related Terms

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


Justsystems Business Description

Traded in Other Exchanges
N/A
Address
Nishi-Shinjuku 6-8-1 Shinjuku-ku, Shinjuku Oak Tower, Tokyo, JPN, 163-6017
Justsystems Corp is a global software provider based in Japan. It provides service of user Interface customization, output customization. The company's products include XMetaL Author which brings automation to the process of content creation; XMAX, which is an embeddable ActiveX component designed for developers to integrate into custom environments; and XMetaL Developer, which is a tool for fast configuration of XML content authoring solutions that combines development tools in a robust and flexible Integrated Development Environment (IDE). The company also provides engineering services and training services.

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