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MRT (TSE:6034) E10 : 円83.67 (As of Jun. 2024)


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What is MRT 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.

MRT's adjusted earnings per share data for the three months ended in Jun. 2024 was 円18.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円83.67 for the trailing ten years ended in Jun. 2024.

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.

As of today (2024-09-21), MRT's current stock price is 円860.00. MRT's E10 for the quarter that ended in Jun. 2024 was 円83.67. MRT's Shiller PE Ratio of today is 10.28.

During the past 9 years, the highest Shiller PE Ratio of MRT was 12.12. The lowest was 7.74. And the median was 9.83.


MRT E10 Historical Data

The historical data trend for MRT'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.

MRT E10 Chart

MRT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only - - - - -

MRT 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 - - - 81.19 83.67

Competitive Comparison of MRT's E10

For the Medical Care Facilities subindustry, MRT'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.


MRT's Shiller PE Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MRT's Shiller PE Ratio distribution charts can be found below:

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



MRT 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, MRT'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)
=18.17/108.2000*108.2000
=18.170

Current CPI (Jun. 2024) = 108.2000.

MRT Quarterly Data

per share eps CPI Adj_EPS
201409 51.290 98.500 56.341
201412 0.910 97.900 1.006
201503 -6.270 97.900 -6.930
201506 13.450 98.400 14.790
201509 6.045 98.500 6.640
201512 9.085 98.100 10.020
201603 -5.710 97.900 -6.311
201606 10.170 98.100 11.217
201609 6.200 98.000 6.845
201612 7.030 98.400 7.730
201703 -8.720 98.100 -9.618
201706 8.030 98.500 8.821
201709 13.920 98.800 15.244
201712 -4.970 99.400 -5.410
201803 -1.320 99.200 -1.440
201806 14.710 99.200 16.045
201809 13.920 99.900 15.077
201812 3.110 99.700 3.375
201903 -14.750 99.700 -16.008
201906 11.870 99.800 12.869
201909 5.880 100.100 6.356
201912 1.400 100.500 1.507
202003 1.210 100.300 1.305
202006 13.430 99.900 14.546
202009 5.070 99.900 5.491
202012 3.900 99.300 4.250
202103 -7.710 99.900 -8.351
202106 44.630 99.500 48.532
202109 90.380 100.100 97.693
202112 11.400 100.100 12.322
202203 103.010 101.100 110.244
202206 142.580 101.800 151.544
202209 65.870 103.100 69.128
202212 75.790 104.100 78.775
202303 51.320 104.400 53.188
202306 42.300 105.200 43.506
202309 15.760 106.200 16.057
202312 -15.370 106.800 -15.571
202403 -12.220 107.200 -12.334
202406 18.170 108.200 18.170

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


MRT  (TSE:6034) 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.

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

Shiller PE Ratio=Share Price/E10
=860.00/83.67
=10.28

* 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 9 years, the highest Shiller P/E Ratio of MRT was 12.12. The lowest was 7.74. And the median was 9.83.


Be Aware

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


MRT E10 Related Terms

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


MRT Business Description

Traded in Other Exchanges
N/A
Address
1-18-2 Kanan, 3rd Floor, Frame Kananzaka, Shibuya-ku, Tokyo, JPN, 150-0041
MRT Inc engages in the business of medical personnel placement services through Internet. It provides part-time and full-time physician referral services through physician referral site MedRT.com; as well as part-time job referral; job change introduction services to nurses, pharmacists, clinical laboratory technicians, clinical engineers and radiologists. Further, the company engages in the research and development of analytical and analytical methods for various biological samples, such as microorganisms, blood, proteins, and genes; and research and development, manufacture, and sale of medical and medical examination equipment, and analytical instruments.

MRT Headlines

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