GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hitachi Construction Machinery Co Ltd (TSE:6305) » Definitions » E10

Hitachi Construction Machinery Co (TSE:6305) E10 : 円255.64 (As of Dec. 2024)


View and export this data going back to 1981. Start your Free Trial

What is Hitachi Construction Machinery 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.

Hitachi Construction Machinery Co's adjusted earnings per share data for the three months ended in Dec. 2024 was 円141.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円255.64 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Hitachi Construction Machinery Co's average E10 Growth Rate was 12.00% per year. During the past 3 years, the average E10 Growth Rate was 16.20% per year. During the past 5 years, the average E10 Growth Rate was 11.90% 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 Hitachi Construction Machinery Co was 16.20% per year. The lowest was 5.00% per year. And the median was 10.30% per year.

As of today (2025-04-06), Hitachi Construction Machinery Co's current stock price is 円3583.00. Hitachi Construction Machinery Co's E10 for the quarter that ended in Dec. 2024 was 円255.64. Hitachi Construction Machinery Co's Shiller PE Ratio of today is 14.02.

During the past 13 years, the highest Shiller PE Ratio of Hitachi Construction Machinery Co was 35.96. The lowest was 12.56. And the median was 19.65.


Hitachi Construction Machinery Co E10 Historical Data

The historical data trend for Hitachi Construction Machinery 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.

Hitachi Construction Machinery Co E10 Chart

Hitachi Construction Machinery Co 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 147.51 146.26 172.30 199.00 229.77

Hitachi Construction Machinery Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 228.29 229.77 240.73 241.51 255.64

Competitive Comparison of Hitachi Construction Machinery Co's E10

For the Farm & Heavy Construction Machinery subindustry, Hitachi Construction Machinery 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.


Hitachi Construction Machinery Co's Shiller PE Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hitachi Construction Machinery Co's Shiller PE Ratio distribution charts can be found below:

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


;
;

Hitachi Construction Machinery 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, Hitachi Construction Machinery Co's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=141.66/110.7000*110.7000
=141.660

Current CPI (Dec. 2024) = 110.7000.

Hitachi Construction Machinery Co Quarterly Data

per share eps CPI Adj_EPS
201503 24.470 97.900 27.669
201506 13.160 98.400 14.805
201509 19.040 98.500 21.398
201512 -32.360 98.100 -36.516
201603 41.580 97.900 47.016
201606 -7.520 98.100 -8.486
201609 18.170 98.000 20.525
201612 1.240 98.400 1.395
201703 25.830 98.100 29.148
201706 33.440 98.500 37.582
201709 75.770 98.800 84.896
201712 91.620 99.400 102.036
201803 81.330 99.200 90.758
201806 73.880 99.200 82.445
201809 68.340 99.900 75.728
201812 99.050 99.700 109.978
201903 81.040 99.700 89.981
201906 64.170 99.800 71.179
201909 54.310 100.100 60.061
201912 46.630 100.500 51.363
202003 28.500 100.300 31.455
202006 0.950 99.900 1.053
202009 0.040 99.900 0.044
202012 13.710 99.300 15.284
202103 33.920 99.900 37.587
202106 33.510 99.500 37.282
202109 116.440 100.100 128.770
202112 68.530 100.100 75.787
202203 138.080 101.100 151.191
202206 87.320 101.800 94.954
202209 80.470 103.100 86.402
202212 34.680 104.100 36.879
202303 127.530 104.400 135.226
202306 147.740 105.200 155.464
202309 122.630 106.200 127.826
202312 63.830 106.800 66.161
202403 104.480 107.200 107.891
202406 115.580 108.200 118.251
202409 33.680 108.900 34.237
202412 141.660 110.700 141.660

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


Hitachi Construction Machinery Co  (TSE:6305) 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.

Hitachi Construction Machinery Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3583.00/255.64
=14.02

* 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 Hitachi Construction Machinery Co was 35.96. The lowest was 12.56. And the median was 19.65.


Be Aware

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


Hitachi Construction Machinery Co E10 Related Terms

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


Hitachi Construction Machinery Co Business Description

Traded in Other Exchanges
Address
16-1, Higashiueno 2-chome, Taito-ku, Tokyo, JPN, 110-0015
Hitachi Construction Machinery, or HCM, manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining/construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.4% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo, Japan.

Hitachi Construction Machinery Co Headlines

No Headlines