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Oiles (TSE:6282) E10 : 円124.16 (As of Dec. 2023)


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What is Oiles 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.

Oiles's adjusted earnings per share data for the three months ended in Dec. 2023 was 円48.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円124.16 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Oiles'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 Oiles was 3.10% per year. The lowest was 0.10% per year. And the median was 2.70% per year.

As of today (2024-05-31), Oiles's current stock price is 円2185.00. Oiles's E10 for the quarter that ended in Dec. 2023 was 円124.16. Oiles's Shiller PE Ratio of today is 17.60.

During the past 13 years, the highest Shiller PE Ratio of Oiles was 27.32. The lowest was 10.45. And the median was 15.43.


Oiles E10 Historical Data

The historical data trend for Oiles'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.

Oiles E10 Chart

Oiles 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 109.20 107.00 113.41 119.83 -

Oiles 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 119.83 120.91 122.53 124.16 -

Competitive Comparison of Oiles's E10

For the Tools & Accessories subindustry, Oiles'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.


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

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

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



Oiles 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, Oiles'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)
=48.73/106.8000*106.8000
=48.730

Current CPI (Dec. 2023) = 106.8000.

Oiles Quarterly Data

per share eps CPI Adj_EPS
201403 33.414 95.700 37.290
201406 22.990 98.000 25.054
201409 29.997 98.500 32.525
201412 43.710 97.900 47.684
201503 31.280 97.900 34.124
201506 34.260 98.400 37.185
201509 24.790 98.500 26.879
201512 60.588 98.100 65.961
201603 30.210 97.900 32.956
201606 20.930 98.100 22.786
201609 26.360 98.000 28.727
201612 50.591 98.400 54.910
201703 -52.389 98.100 -57.035
201706 21.040 98.500 22.813
201709 24.620 98.800 26.614
201712 34.760 99.400 37.348
201803 33.950 99.200 36.551
201806 29.220 99.200 31.459
201809 24.240 99.900 25.914
201812 35.230 99.700 37.739
201903 30.790 99.700 32.983
201906 26.430 99.800 28.284
201909 26.670 100.100 28.455
201912 38.680 100.500 41.105
202003 17.840 100.300 18.996
202006 -5.300 99.900 -5.666
202009 15.874 99.900 16.970
202012 43.758 99.300 47.063
202103 26.243 99.900 28.056
202106 29.230 99.500 31.375
202109 31.803 100.100 33.932
202112 30.881 100.100 32.948
202203 45.452 101.100 48.015
202206 16.160 101.800 16.954
202209 18.079 103.100 18.728
202212 48.136 104.100 49.384
202303 49.400 104.400 50.536
202306 27.690 105.200 28.111
202309 38.960 106.200 39.180
202312 48.730 106.800 48.730

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


Oiles  (TSE:6282) 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.

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

Shiller PE Ratio=Share Price/E10
=2185.00/124.16
=17.60

* 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 Oiles was 27.32. The lowest was 10.45. And the median was 15.43.


Be Aware

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


Oiles E10 Related Terms

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


Oiles (TSE:6282) Business Description

Traded in Other Exchanges
N/A
Address
8 Kirihara-cho, Fujisawa-shi, JPN, 252-0811
Oiles Corp is a Japan-based machine industry company. It provides oilless bearing devices, earthquake isolation and damping devices, bridge bearings, suspension bridge bearings, and related devices, and window operating systems for high windows and smoke evacuation windows and related devices. The company's business segments include Bearing segment, Structural devices segment, and Architectural devices segment.

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