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SEC CARBON (TSE:5304) E10 : 円191.39 (As of Dec. 2023)


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What is SEC CARBON 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.

SEC CARBON's adjusted earnings per share data for the three months ended in Dec. 2023 was 円98.461. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円191.39 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SEC CARBON's average E10 Growth Rate was -100.00% 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 SEC CARBON was 17.20% per year. The lowest was 4.10% per year. And the median was 10.70% per year.

As of today (2024-06-21), SEC CARBON's current stock price is 円2503.00. SEC CARBON's E10 for the quarter that ended in Dec. 2023 was 円191.39. SEC CARBON's Shiller PE Ratio of today is 13.08.

During the past 13 years, the highest Shiller PE Ratio of SEC CARBON was 96.53. The lowest was 7.11. And the median was 11.96.


SEC CARBON E10 Historical Data

The historical data trend for SEC CARBON'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.

SEC CARBON E10 Chart

SEC CARBON 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 118.69 122.05 133.84 161.18 -

SEC CARBON Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 161.18 171.29 180.75 191.39 -

Competitive Comparison of SEC CARBON's E10

For the Specialty Chemicals subindustry, SEC CARBON'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.


SEC CARBON's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SEC CARBON's Shiller PE Ratio distribution charts can be found below:

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



SEC CARBON 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, SEC CARBON's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=98.461/106.8000*106.8000
=98.461

Current CPI (Dec. 2023) = 106.8000.

SEC CARBON Quarterly Data

per share eps CPI Adj_EPS
201403 -4.540 95.700 -5.067
201406 1.940 98.000 2.114
201409 9.440 98.500 10.235
201412 17.140 97.900 18.698
201503 -1.240 97.900 -1.353
201506 9.940 98.400 10.789
201509 5.700 98.500 6.180
201512 5.018 98.100 5.463
201603 -45.320 97.900 -49.440
201606 -129.380 98.100 -140.854
201609 -28.647 98.000 -31.219
201612 39.170 98.400 42.514
201703 -38.754 98.100 -42.191
201706 9.648 98.500 10.461
201709 2.193 98.800 2.371
201712 22.342 99.400 24.005
201803 63.451 99.200 68.312
201806 123.842 99.200 133.330
201809 129.882 99.900 138.853
201812 164.900 99.700 176.643
201903 161.672 99.700 173.185
201906 137.066 99.800 146.680
201909 142.648 100.100 152.196
201912 101.331 100.500 107.683
202003 92.926 100.300 98.948
202006 43.648 99.900 46.663
202009 41.963 99.900 44.861
202012 9.046 99.300 9.729
202103 28.116 99.900 30.058
202106 24.772 99.500 26.589
202109 24.844 100.100 26.507
202112 48.222 100.100 51.450
202203 51.658 101.100 54.570
202206 68.502 101.800 71.867
202209 36.603 103.100 37.917
202212 62.450 104.100 64.070
202303 98.206 104.400 100.464
202306 103.696 105.200 105.273
202309 86.397 106.200 86.885
202312 98.461 106.800 98.461

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


SEC CARBON  (TSE:5304) 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.

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

Shiller PE Ratio=Share Price/E10
=2503.00/191.39
=13.08

* 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 SEC CARBON was 96.53. The lowest was 7.11. And the median was 11.96.


Be Aware

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


SEC CARBON E10 Related Terms

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


SEC CARBON (TSE:5304) Business Description

Traded in Other Exchanges
N/A
Address
1-2-6 Shioe, Amagasaki, Hyogo, JPN
SEC CARBON Ltd engages in the manufacture and sale of carbon products. It offers SK-B graphitized cathode blocks for aluminum smelting; graphite electrodes that are used in electric arc furnaces for steelmaking; and carbon and graphite specialties and materials for use in the semiconductor, aerospace, chemical, electrochemistry, machine, and metallurgy industries. The company also provides the fine powder that is used in various industries, such as paint, sliding materials, metallurgic uses, and batteries.

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