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TOW Co (TSE:4767) E10 : 円24.15 (As of Jun. 2024)


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What is TOW 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.

TOW Co's adjusted earnings per share data for the three months ended in Jun. 2024 was 円7.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円24.15 for the trailing ten years ended in Jun. 2024.

During the past 12 months, TOW Co's average E10 Growth Rate was 11.50% per year. During the past 3 years, the average E10 Growth Rate was 5.40% per year. During the past 5 years, the average E10 Growth Rate was 5.60% 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 TOW Co was 7.80% per year. The lowest was 2.70% per year. And the median was 6.10% per year.

As of today (2024-12-11), TOW Co's current stock price is 円317.00. TOW Co's E10 for the quarter that ended in Jun. 2024 was 円24.15. TOW Co's Shiller PE Ratio of today is 13.13.

During the past 13 years, the highest Shiller PE Ratio of TOW Co was 37.95. The lowest was 11.68. And the median was 15.26.


TOW Co E10 Historical Data

The historical data trend for TOW 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.

TOW Co E10 Chart

TOW Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.02 20.65 21.15 21.66 24.15

TOW Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 21.66 22.25 23.27 23.66 24.15

Competitive Comparison of TOW Co's E10

For the Advertising Agencies subindustry, TOW 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.


TOW Co's Shiller PE Ratio Distribution in the Media - Diversified Industry

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

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=7.1/108.2000*108.2000
=7.100

Current CPI (Jun. 2024) = 108.2000.

TOW Co Quarterly Data

per share eps CPI Adj_EPS
201409 4.170 98.500 4.581
201412 6.175 97.900 6.825
201503 2.735 97.900 3.023
201506 5.305 98.400 5.833
201509 4.295 98.500 4.718
201512 10.995 98.100 12.127
201603 3.630 97.900 4.012
201606 4.940 98.100 5.449
201609 2.975 98.000 3.285
201612 12.725 98.400 13.992
201703 6.850 98.100 7.555
201706 3.600 98.500 3.955
201709 3.695 98.800 4.047
201712 11.960 99.400 13.019
201803 4.035 99.200 4.401
201806 6.355 99.200 6.932
201809 4.545 99.900 4.923
201812 13.615 99.700 14.776
201903 6.230 99.700 6.761
201906 4.700 99.800 5.096
201909 8.300 100.100 8.972
201912 14.290 100.500 15.385
202003 6.440 100.300 6.947
202006 5.500 99.900 5.957
202009 2.480 99.900 2.686
202012 4.190 99.300 4.566
202103 -2.820 99.900 -3.054
202106 6.210 99.500 6.753
202109 5.120 100.100 5.534
202112 6.430 100.100 6.950
202203 -0.050 101.100 -0.054
202206 1.640 101.800 1.743
202209 -7.340 103.100 -7.703
202212 7.750 104.100 8.055
202303 3.210 104.400 3.327
202306 4.950 105.200 5.091
202309 6.140 106.200 6.256
202312 15.940 106.800 16.149
202403 5.440 107.200 5.491
202406 7.100 108.200 7.100

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


TOW Co  (TSE:4767) 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.

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

Shiller PE Ratio=Share Price/E10
=317.00/24.15
=13.13

* 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 TOW Co was 37.95. The lowest was 11.68. And the median was 15.26.


Be Aware

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


TOW Co E10 Related Terms

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


TOW Co Business Description

Traded in Other Exchanges
N/A
Address
Chome No. 3 No. 13 Hulic Kamiyacho building 3 Floor, Toranomon, Minato-ku, Tokyo, JPN, 105-0001
TOW Co Ltd is a Japan-based company mainly engaged in the management, production, and planning of events. It also provides promotions and public relation services to the companies. The company has operations in Japan and overseas.

TOW Co Headlines

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