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Placo Co (TSE:6347) E10 : 円19.43 (As of Dec. 2023)


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What is Placo 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.

Placo Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円6.844. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円19.43 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Placo Co's average E10 Growth Rate was -6.40% per year. During the past 3 years, the average E10 Growth Rate was 5.40% per year. During the past 5 years, the average E10 Growth Rate was 47.20% 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 Placo Co was 109.30% per year. The lowest was 5.40% per year. And the median was 22.50% per year.

As of today (2024-06-09), Placo Co's current stock price is 円217.00. Placo Co's E10 for the quarter that ended in Dec. 2023 was 円19.43. Placo Co's Shiller PE Ratio of today is 11.17.

During the past 13 years, the highest Shiller PE Ratio of Placo Co was 196.67. The lowest was 10.48. And the median was 19.14.


Placo Co E10 Historical Data

The historical data trend for Placo 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.

Placo Co E10 Chart

Placo 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 10.28 17.62 18.33 18.91 20.65

Placo 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 20.76 20.65 21.50 18.51 19.43

Competitive Comparison of Placo Co's E10

For the Specialty Industrial Machinery subindustry, Placo 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.


Placo Co's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Placo 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, Placo 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)
=6.844/106.8000*106.8000
=6.844

Current CPI (Dec. 2023) = 106.8000.

Placo Co Quarterly Data

per share eps CPI Adj_EPS
201403 13.960 95.700 15.579
201406 -4.100 98.000 -4.468
201409 9.167 98.500 9.939
201412 5.200 97.900 5.673
201503 -3.500 97.900 -3.818
201506 -6.433 98.400 -6.982
201509 12.200 98.500 13.228
201512 -5.581 98.100 -6.076
201603 11.126 97.900 12.137
201606 6.067 98.100 6.605
201609 13.358 98.000 14.557
201612 0.067 98.400 0.073
201703 12.800 98.100 13.935
201706 0.867 98.500 0.940
201709 12.183 98.800 13.169
201712 -0.687 99.400 -0.738
201803 6.854 99.200 7.379
201806 1.410 99.200 1.518
201809 13.356 99.900 14.278
201812 1.591 99.700 1.704
201903 17.544 99.700 18.793
201906 7.713 99.800 8.254
201909 7.123 100.100 7.600
201912 11.636 100.500 12.365
202003 8.566 100.300 9.121
202006 6.510 99.900 6.960
202009 1.527 99.900 1.632
202012 -3.179 99.300 -3.419
202103 8.830 99.900 9.440
202106 6.460 99.500 6.934
202109 -1.140 100.100 -1.216
202112 0.500 100.100 0.533
202203 11.836 101.100 12.503
202206 -13.430 101.800 -14.090
202209 1.990 103.100 2.061
202212 9.820 104.100 10.075
202303 15.978 104.400 16.345
202306 0.890 105.200 0.904
202309 -25.810 106.200 -25.956
202312 6.844 106.800 6.844

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


Placo Co  (TSE:6347) 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.

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

Shiller PE Ratio=Share Price/E10
=217.00/19.43
=11.17

* 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 Placo Co was 196.67. The lowest was 10.48. And the median was 19.14.


Be Aware

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


Placo Co E10 Related Terms

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


Placo Co (TSE:6347) Business Description

Traded in Other Exchanges
N/A
Address
550 Sasakubo Shinda, Iwatsuki-ku, Saitama prefecture, Saitama, JPN, 339 8558
Placo Co Ltd is a Japanese manufacturer of the plastic processing machine and recycling equipment. It offers products such as blown film forming machine, blow molding machine, recycling machine, labor-saving equipment, and environment-related equipment, among others.

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