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Yokogawa Electric (TSE:6841) E10 : 円119.25 (As of Sep. 2024)


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What is Yokogawa Electric 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.

Yokogawa Electric's adjusted earnings per share data for the three months ended in Sep. 2024 was 円55.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円119.25 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Yokogawa Electric's average E10 Growth Rate was 16.20% per year. During the past 3 years, the average E10 Growth Rate was 15.00% per year. During the past 5 years, the average E10 Growth Rate was 15.30% 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 Yokogawa Electric was 52.00% per year. The lowest was 12.60% per year. And the median was 15.50% per year.

As of today (2024-12-14), Yokogawa Electric's current stock price is 円3434.00. Yokogawa Electric's E10 for the quarter that ended in Sep. 2024 was 円119.25. Yokogawa Electric's Shiller PE Ratio of today is 28.80.

During the past 13 years, the highest Shiller PE Ratio of Yokogawa Electric was 498.12. The lowest was 14.52. And the median was 30.24.


Yokogawa Electric E10 Historical Data

The historical data trend for Yokogawa Electric'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.

Yokogawa Electric E10 Chart

Yokogawa Electric 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 63.49 73.19 79.64 90.56 111.28

Yokogawa Electric Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 102.63 109.53 111.28 115.72 119.25

Competitive Comparison of Yokogawa Electric's E10

For the Specialty Industrial Machinery subindustry, Yokogawa Electric'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.


Yokogawa Electric's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Yokogawa Electric 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, Yokogawa Electric'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)
=55.8/108.9000*108.9000
=55.800

Current CPI (Sep. 2024) = 108.9000.

Yokogawa Electric Quarterly Data

per share eps CPI Adj_EPS
201412 20.390 97.900 22.681
201503 16.949 97.900 18.853
201506 19.850 98.400 21.968
201509 41.420 98.500 45.793
201512 29.840 98.100 33.125
201603 22.920 97.900 25.495
201606 11.410 98.100 12.666
201609 27.020 98.000 30.025
201612 25.680 98.400 28.420
201703 32.282 98.100 35.836
201706 12.350 98.500 13.654
201709 23.570 98.800 25.979
201712 -3.421 99.400 -3.748
201803 47.884 99.200 52.566
201806 12.610 99.200 13.843
201809 25.331 99.900 27.613
201812 33.384 99.700 36.465
201903 35.160 99.700 38.404
201906 7.870 99.800 8.588
201909 29.070 100.100 31.626
201912 9.815 100.500 10.635
202003 8.260 100.300 8.968
202006 11.180 99.900 12.187
202009 25.470 99.900 27.765
202012 26.025 99.300 28.541
202103 9.320 99.900 10.160
202106 11.170 99.500 12.225
202109 22.968 100.100 24.987
202112 19.180 100.100 20.866
202203 26.350 101.100 28.383
202206 4.940 101.800 5.285
202209 29.670 103.100 31.339
202212 28.530 104.100 29.846
202303 82.662 104.400 86.225
202306 92.600 105.200 95.857
202309 39.688 106.200 40.697
202312 65.310 106.800 66.594
202403 36.794 107.200 37.377
202406 38.650 108.200 38.900
202409 55.800 108.900 55.800

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


Yokogawa Electric  (TSE:6841) 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.

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

Shiller PE Ratio=Share Price/E10
=3434.00/119.25
=28.80

* 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 Yokogawa Electric was 498.12. The lowest was 14.52. And the median was 30.24.


Be Aware

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


Yokogawa Electric E10 Related Terms

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


Yokogawa Electric Business Description

Traded in Other Exchanges
Address
2-9-32 Nakacho, Musashino-shi, Tokyo, JPN, 180-8750
Yokogawa Electric Corporation offers systems and solutions for measurement, control, and information technologies. Software, data acquisition instruments, field instruments, and other components compose a diverse product portfolio and allow the company to reach various customers involved in different end-markets. Essentially, the company helps link plant operations and corporate management. It has three business segments: industrial automation (majority of total revenue), control, test and measurement, and aviation and other businesses. In addition to its product offerings, Yokogawa offers consulting and execution services to supply customers with resources to make timely operating decisions. The majority of sales derive from Asia, with Japan being a key region for the company.

Yokogawa Electric Headlines

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