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Toso Co (TSE:5956) E10 : 円53.01 (As of Dec. 2023)


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What is Toso 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.

Toso Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円14.205. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円53.01 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Toso Co's average E10 Growth Rate was 4.00% per year. During the past 3 years, the average E10 Growth Rate was 4.10% per year. During the past 5 years, the average E10 Growth Rate was 6.50% 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 Toso Co was 7.10% per year. The lowest was 4.10% per year. And the median was 7.00% per year.

As of today (2024-06-09), Toso Co's current stock price is 円555.00. Toso Co's E10 for the quarter that ended in Dec. 2023 was 円53.01. Toso Co's Shiller PE Ratio of today is 10.47.

During the past 13 years, the highest Shiller PE Ratio of Toso Co was 16.43. The lowest was 8.09. And the median was 10.53.


Toso Co E10 Historical Data

The historical data trend for Toso 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.

Toso Co E10 Chart

Toso 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 40.49 45.37 45.86 49.54 51.18

Toso 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 50.98 51.18 51.29 51.24 53.01

Competitive Comparison of Toso Co's E10

For the Furnishings, Fixtures & Appliances subindustry, Toso 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.


Toso Co's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Toso Co's Shiller PE Ratio distribution charts can be found below:

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



Toso 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, Toso 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)
=14.205/106.8000*106.8000
=14.205

Current CPI (Dec. 2023) = 106.8000.

Toso Co Quarterly Data

per share eps CPI Adj_EPS
201403 9.476 95.700 10.575
201406 -0.290 98.000 -0.316
201409 0.890 98.500 0.965
201412 4.840 97.900 5.280
201503 27.410 97.900 29.902
201506 -10.080 98.400 -10.940
201509 3.520 98.500 3.817
201512 16.650 98.100 18.127
201603 19.639 97.900 21.424
201606 0.060 98.100 0.065
201609 21.090 98.000 22.984
201612 15.030 98.400 16.313
201703 30.930 98.100 33.673
201706 -3.880 98.500 -4.207
201709 22.310 98.800 24.116
201712 14.680 99.400 15.773
201803 13.780 99.200 14.836
201806 -5.300 99.200 -5.706
201809 10.310 99.900 11.022
201812 9.860 99.700 10.562
201903 30.320 99.700 32.479
201906 -1.830 99.800 -1.958
201909 29.300 100.100 31.261
201912 17.420 100.500 18.512
202003 17.610 100.300 18.751
202006 11.450 99.900 12.241
202009 12.420 99.900 13.278
202012 34.680 99.300 37.299
202103 25.590 99.900 27.357
202106 6.860 99.500 7.363
202109 10.560 100.100 11.267
202112 26.360 100.100 28.124
202203 15.660 101.100 16.543
202206 3.030 101.800 3.179
202209 8.680 103.100 8.992
202212 15.170 104.100 15.563
202303 14.032 104.400 14.355
202306 -7.350 105.200 -7.462
202309 10.400 106.200 10.459
202312 14.205 106.800 14.205

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


Toso Co  (TSE:5956) 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.

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

Shiller PE Ratio=Share Price/E10
=555.00/53.01
=10.47

* 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 Toso Co was 16.43. The lowest was 8.09. And the median was 10.53.


Be Aware

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


Toso Co E10 Related Terms

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


Toso Co (TSE:5956) Business Description

Traded in Other Exchanges
N/A
Address
1-4-9 Shinkawa, Chuo-ku, Tokyo, JPN, 104-0033
Toso Co Ltd is a Japan-based company mainly engaged in the development, manufacture, and sale of interior goods. Products offered by the company include decorative curtain tracks and poles, motorized curtain tracks, professional curtain tracks, among others.

Toso Co (TSE:5956) Headlines

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