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Daihen (TSE:6622) E10 : 円394.47 (As of Sep. 2024)


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What is Daihen 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.

Daihen's adjusted earnings per share data for the three months ended in Sep. 2024 was 円147.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円394.47 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Daihen's average E10 Growth Rate was 18.90% per year. During the past 3 years, the average E10 Growth Rate was 18.90% per year. During the past 5 years, the average E10 Growth Rate was 16.80% 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 Daihen was 18.90% per year. The lowest was 13.70% per year. And the median was 15.85% per year.

As of today (2025-03-25), Daihen's current stock price is 円6920.00. Daihen's E10 for the quarter that ended in Sep. 2024 was 円394.47. Daihen's Shiller PE Ratio of today is 17.54.

During the past 13 years, the highest Shiller PE Ratio of Daihen was 37.61. The lowest was 12.25. And the median was 18.20.


Daihen E10 Historical Data

The historical data trend for Daihen'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.

Daihen E10 Chart

Daihen 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 197.82 225.87 264.83 317.56 379.26

Daihen 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 358.17 379.26 384.05 394.47 -

Competitive Comparison of Daihen's E10

For the Specialty Industrial Machinery subindustry, Daihen'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.


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

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

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



Daihen 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, Daihen'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)
=147.16/108.9000*108.9000
=147.160

Current CPI (Sep. 2024) = 108.9000.

Daihen Quarterly Data

per share eps CPI Adj_EPS
201412 72.600 97.900 80.757
201503 81.250 97.900 90.379
201506 59.650 98.400 66.015
201509 97.750 98.500 108.071
201512 45.687 98.100 50.717
201603 79.836 97.900 88.806
201606 15.000 98.100 16.651
201609 42.759 98.000 47.515
201612 66.157 98.400 73.216
201703 122.800 98.100 136.319
201706 49.950 98.500 55.224
201709 91.660 98.800 101.030
201712 51.125 99.400 56.011
201803 79.270 99.200 87.021
201806 45.590 99.200 50.048
201809 57.310 99.900 62.473
201812 35.286 99.700 38.542
201903 108.590 99.700 118.610
201906 16.320 99.800 17.808
201909 76.370 100.100 83.084
201912 46.120 100.500 49.975
202003 130.250 100.300 141.418
202006 59.410 99.900 64.762
202009 67.198 99.900 73.252
202012 68.894 99.300 75.554
202103 185.341 99.900 202.038
202106 97.500 99.500 106.711
202109 112.040 100.100 121.890
202112 109.940 100.100 119.605
202203 125.810 101.100 135.516
202206 66.530 101.800 71.170
202209 182.380 103.100 192.640
202212 112.730 104.100 117.928
202303 176.003 104.400 183.589
202306 28.050 105.200 29.037
202309 138.513 106.200 142.035
202312 292.980 106.800 298.741
202403 213.650 107.200 217.038
202406 26.170 108.200 26.339
202409 147.160 108.900 147.160

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


Daihen  (TSE:6622) 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.

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

Shiller PE Ratio=Share Price/E10
=6920.00/394.47
=17.54

* 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 Daihen was 37.61. The lowest was 12.25. And the median was 18.20.


Be Aware

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


Daihen E10 Related Terms

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


Daihen Business Description

Traded in Other Exchanges
Address
2-1-11 Tagawa, Yodogawa-ku, Osaka, JPN, 532-8512
Daihen Corp manufactures and sales power products, welding machines, industrial robot, generators and automatic matching units for plasma applications, clean transfer robot, and wireless power transfer system. The company's subsidiaries are also engaged in manufacturing and sales of power transformers.

Daihen Headlines

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