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CKD (TSE:6407) E10 : 円135.05 (As of Sep. 2024)


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What is CKD 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.

CKD's adjusted earnings per share data for the three months ended in Sep. 2024 was 円49.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円135.05 for the trailing ten years ended in Sep. 2024.

During the past 12 months, CKD's average E10 Growth Rate was 8.10% per year. During the past 3 years, the average E10 Growth Rate was 13.90% per year. During the past 5 years, the average E10 Growth Rate was 10.10% 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 CKD was 13.90% per year. The lowest was 6.70% per year. And the median was 10.60% per year.

As of today (2025-03-25), CKD's current stock price is 円2230.00. CKD's E10 for the quarter that ended in Sep. 2024 was 円135.05. CKD's Shiller PE Ratio of today is 16.51.

During the past 13 years, the highest Shiller PE Ratio of CKD was 46.74. The lowest was 11.66. And the median was 19.90.


CKD E10 Historical Data

The historical data trend for CKD'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.

CKD E10 Chart

CKD 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 86.21 86.15 100.08 121.42 127.45

CKD 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 126.62 127.45 131.33 135.05 -

Competitive Comparison of CKD's E10

For the Specialty Industrial Machinery subindustry, CKD'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.


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

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

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=49.09/108.9000*108.9000
=49.090

Current CPI (Sep. 2024) = 108.9000.

CKD Quarterly Data

per share eps CPI Adj_EPS
201412 27.560 97.900 30.657
201503 33.080 97.900 36.797
201506 25.530 98.400 28.254
201509 21.540 98.500 23.814
201512 13.369 98.100 14.841
201603 27.540 97.900 30.634
201606 17.660 98.100 19.604
201609 27.585 98.000 30.653
201612 25.950 98.400 28.719
201703 41.180 98.100 45.714
201706 32.210 98.500 35.611
201709 36.726 98.800 40.480
201712 34.158 99.400 37.423
201803 44.550 99.200 48.906
201806 34.830 99.200 38.236
201809 1.276 99.900 1.391
201812 10.120 99.700 11.054
201903 31.185 99.700 34.063
201906 3.500 99.800 3.819
201909 7.530 100.100 8.192
201912 21.960 100.500 23.795
202003 26.429 100.300 28.695
202006 12.500 99.900 13.626
202009 12.400 99.900 13.517
202012 20.050 99.300 21.988
202103 35.250 99.900 38.426
202106 48.130 99.500 52.677
202109 43.130 100.100 46.922
202112 46.867 100.100 50.987
202203 50.438 101.100 54.329
202206 47.000 101.800 50.278
202209 58.560 103.100 61.854
202212 62.827 104.100 65.724
202303 53.355 104.400 55.655
202306 28.060 105.200 29.047
202309 31.300 106.200 32.096
202312 36.217 106.800 36.929
202403 29.350 107.200 29.815
202406 45.870 108.200 46.167
202409 49.090 108.900 49.090

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


CKD  (TSE:6407) 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.

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

Shiller PE Ratio=Share Price/E10
=2230.00/135.05
=16.51

* 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 CKD was 46.74. The lowest was 11.66. And the median was 19.90.


Be Aware

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


CKD E10 Related Terms

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


CKD Business Description

Traded in Other Exchanges
N/A
Address
2-250, Ouji, Aichi, Komaki, JPN, 485-8551
CKD Corp is a Japan-based company that develops, manufactures, sells, and exports automatic machinery products, labor-saving components, pneumatic control components, fine system components, and fluid control components. The company's products are applied in semiconductor-related businesses, automobile-related businesses, and other sectors. CKD owns four plants in Japan, and also operates production bases in China, Thailand, South Korea, Malaysia, and Indonesia. The company generates the majority of its sales from the Asian market.

CKD Headlines

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