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Toyo Shutter Co (TSE:5936) E10 : 円86.37 (As of Dec. 2023)


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What is Toyo Shutter 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.

Toyo Shutter Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円38.719. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円86.37 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Toyo Shutter Co's average E10 Growth Rate was 10.00% per year. During the past 3 years, the average E10 Growth Rate was 20.10% 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 Toyo Shutter Co was 41.10% per year. The lowest was 20.10% per year. And the median was 30.60% per year.

As of today (2024-05-16), Toyo Shutter Co's current stock price is 円859.00. Toyo Shutter Co's E10 for the quarter that ended in Dec. 2023 was 円86.37. Toyo Shutter Co's Shiller PE Ratio of today is 9.95.

During the past 13 years, the highest Shiller PE Ratio of Toyo Shutter Co was 26.31. The lowest was 6.23. And the median was 9.00.


Toyo Shutter Co E10 Historical Data

The historical data trend for Toyo Shutter 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.

Toyo Shutter Co E10 Chart

Toyo Shutter Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.40 46.46 72.53 76.96 80.53

Toyo Shutter Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 78.50 80.53 82.51 84.21 86.37

Competitive Comparison of Toyo Shutter Co's E10

For the Building Products & Equipment subindustry, Toyo Shutter 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.


Toyo Shutter Co's Shiller PE Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Toyo Shutter Co's Shiller PE Ratio distribution charts can be found below:

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



Toyo Shutter 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, Toyo Shutter Co'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)
=38.719/106.8000*106.8000
=38.719

Current CPI (Dec. 2023) = 106.8000.

Toyo Shutter Co Quarterly Data

per share eps CPI Adj_EPS
201403 45.640 95.700 50.934
201406 11.730 98.000 12.783
201409 41.510 98.500 45.008
201412 39.570 97.900 43.167
201503 31.140 97.900 33.971
201506 12.150 98.400 13.187
201509 -32.550 98.500 -35.293
201512 33.811 98.100 36.810
201603 29.149 97.900 31.799
201606 -7.550 98.100 -8.220
201609 27.370 98.000 29.828
201612 19.735 98.400 21.420
201703 29.900 98.100 32.552
201706 -4.340 98.500 -4.706
201709 14.820 98.800 16.020
201712 21.610 99.400 23.219
201803 45.240 99.200 48.706
201806 2.850 99.200 3.068
201809 13.232 99.900 14.146
201812 66.725 99.700 71.477
201903 -71.866 99.700 -76.984
201906 17.440 99.800 18.663
201909 40.425 100.100 43.131
201912 23.781 100.500 25.272
202003 42.700 100.300 45.467
202006 0.150 99.900 0.160
202009 22.020 99.900 23.541
202012 21.840 99.300 23.490
202103 22.410 99.900 23.958
202106 -0.710 99.500 -0.762
202109 16.090 100.100 17.167
202112 31.017 100.100 33.093
202203 18.749 101.100 19.806
202206 -14.900 101.800 -15.632
202209 10.416 103.100 10.790
202212 46.216 104.100 47.415
202303 46.500 104.400 47.569
202306 29.110 105.200 29.553
202309 29.220 106.200 29.385
202312 38.719 106.800 38.719

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


Toyo Shutter Co  (TSE:5936) 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.

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

Shiller PE Ratio=Share Price/E10
=859.00/86.37
=9.95

* 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 Toyo Shutter Co was 26.31. The lowest was 6.23. And the median was 9.00.


Be Aware

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


Toyo Shutter Co E10 Related Terms

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


Toyo Shutter Co (TSE:5936) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Building 12F Minamisenba Minamisenba 2-chome, Osaka, JPN
Toyo Shutter Co Ltd is engaged in the manufacture, installation, and sale of various shutters and other building fittings and building materials, production, installation and sale of disaster prevention and crime prevention equipment, and development of computer software and sales of computer equipment.

Toyo Shutter Co (TSE:5936) Headlines

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