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Zuiko (TSE:6279) E10 : 円63.33 (As of Aug. 2024)


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What is Zuiko 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.

Zuiko's adjusted earnings per share data for the three months ended in Aug. 2024 was 円2.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円63.33 for the trailing ten years ended in Aug. 2024.

During the past 12 months, Zuiko's average E10 Growth Rate was -6.50% per year. During the past 3 years, the average E10 Growth Rate was 0.20% per year. During the past 5 years, the average E10 Growth Rate was 2.50% 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 Zuiko was 4.70% per year. The lowest was 0.20% per year. And the median was 3.20% per year.

As of today (2024-12-11), Zuiko's current stock price is 円1253.00. Zuiko's E10 for the quarter that ended in Aug. 2024 was 円63.33. Zuiko's Shiller PE Ratio of today is 19.79.

During the past 13 years, the highest Shiller PE Ratio of Zuiko was 35.07. The lowest was 8.88. And the median was 15.35.


Zuiko E10 Historical Data

The historical data trend for Zuiko'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.

Zuiko E10 Chart

Zuiko Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.24 67.93 70.14 72.82 68.37

Zuiko Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 67.71 69.06 68.37 65.48 63.33

Competitive Comparison of Zuiko's E10

For the Specialty Industrial Machinery subindustry, Zuiko'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.


Zuiko's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zuiko's Shiller PE Ratio distribution charts can be found below:

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



Zuiko 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, Zuiko's adjusted earnings per share data for the three months ended in Aug. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=2.02/109.1000*109.1000
=2.020

Current CPI (Aug. 2024) = 109.1000.

Zuiko Quarterly Data

per share eps CPI Adj_EPS
201411 23.770 97.900 26.489
201502 11.598 97.600 12.965
201505 6.158 98.700 6.807
201508 17.222 98.400 19.095
201511 31.167 98.100 34.662
201602 41.110 97.800 45.860
201605 16.365 98.200 18.181
201608 6.163 97.900 6.868
201611 13.163 98.600 14.565
201702 7.183 98.100 7.988
201705 2.020 98.600 2.235
201708 16.043 98.500 17.769
201711 -4.718 99.100 -5.194
201802 11.920 99.500 13.070
201805 6.720 99.300 7.383
201808 15.253 99.800 16.674
201811 11.168 100.000 12.184
201902 29.280 99.700 32.041
201905 0.413 100.000 0.451
201908 26.208 100.000 28.593
201911 13.180 100.500 14.308
202002 26.790 100.300 29.140
202005 -1.660 100.100 -1.809
202008 15.340 100.100 16.719
202011 13.290 99.500 14.572
202102 34.450 99.800 37.660
202105 5.040 99.400 5.532
202108 27.140 99.700 29.699
202111 4.590 100.100 5.003
202202 28.940 100.700 31.354
202205 -2.620 101.800 -2.808
202208 26.770 102.700 28.438
202211 31.270 103.900 32.835
202302 45.440 104.000 47.668
202305 -8.500 105.100 -8.824
202308 17.450 105.900 17.977
202311 29.620 106.900 30.230
202402 13.550 106.900 13.829
202405 -28.690 108.100 -28.955
202408 2.020 109.100 2.020

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


Zuiko  (TSE:6279) 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.

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

Shiller PE Ratio=Share Price/E10
=1253.00/63.33
=19.79

* 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 Zuiko was 35.07. The lowest was 8.88. And the median was 15.35.


Be Aware

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


Zuiko E10 Related Terms

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


Zuiko Business Description

Traded in Other Exchanges
N/A
Address
15-21 Minamibefu, Osaka, Settsu, JPN, 566-0045
Zuiko Corp is engaged in the production of machinery used in the manufacture of sanitary napkins and diapers.

Zuiko Headlines

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