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Iwasaki Electric Co (TSE:6924) E10 : 円8,575,030.00 (As of Dec. 2022)


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What is Iwasaki Electric 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.

Iwasaki Electric Co's adjusted earnings per share data for the three months ended in Dec. 2022 was 円104.334. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円8,575,030.00 for the trailing ten years ended in Dec. 2022.

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.

As of today (2024-06-10), Iwasaki Electric Co's current stock price is 円4450.00. Iwasaki Electric Co's E10 for the quarter that ended in Dec. 2022 was 円8,575,030.00. Iwasaki Electric Co's Shiller PE Ratio of today is 0.00.


Iwasaki Electric Co E10 Historical Data

The historical data trend for Iwasaki Electric 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.

Iwasaki Electric Co E10 Chart

Iwasaki Electric Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,514,930.00 4,421,370.00 4,448,130.00 4,430,400.00 6,430,280.00

Iwasaki Electric Co Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 6,366,670.00 6,430,280.00 6,474,800.00 8,644,360.00 8,575,030.00

Competitive Comparison of Iwasaki Electric Co's E10

For the Furnishings, Fixtures & Appliances subindustry, Iwasaki Electric 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.


Iwasaki Electric Co's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Iwasaki Electric Co's Shiller PE Ratio distribution charts can be found below:

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



Iwasaki Electric 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, Iwasaki Electric Co's adjusted earnings per share data for the three months ended in Dec. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=104.334/104.1000*104.1000
=104.334

Current CPI (Dec. 2022) = 104.1000.

Iwasaki Electric Co Quarterly Data

per share eps CPI Adj_EPS
201303 143.847 94.200 158.965
201306 -70.983 94.600 -78.111
201309 -2,700,030.000 95.400 -2,946,259.151
201312 38,880,400.000 95.600 42,337,339.331
201403 224.118 95.700 243.790
201406 -52.164 98.000 -55.411
201409 0.000 98.500 0.000
201412 41,580,400.000 97.900 44,213,683.759
201503 324.717 97.900 345.281
201506 3.765 98.400 3.983
201509 -11.160 98.500 -11.794
201512 71.397 98.100 75.764
201603 59.707 97.900 63.488
201606 -67.775 98.100 -71.920
201609 23.130 98.000 24.570
201612 17.347 98.400 18.352
201703 69.546 98.100 73.800
201706 -89.195 98.500 -94.266
201709 -42.142 98.800 -44.403
201712 41.107 99.400 43.051
201803 139.497 99.200 146.387
201806 -73.045 99.200 -76.653
201809 23.400 99.900 24.384
201812 41.112 99.700 42.926
201903 153.201 99.700 159.962
201906 -22.237 99.800 -23.195
201909 60.595 100.100 63.016
201912 139.859 100.500 144.869
202003 172.980 100.300 179.534
202006 -40.488 99.900 -42.190
202009 52.192 99.900 54.386
202012 104.912 99.300 109.983
202103 152.347 99.900 158.752
202106 -18.472 99.500 -19.326
202109 50.567 100.100 52.588
202112 78.874 100.100 82.026
202203 206.076 101.100 212.191
202206 -61.568 101.800 -62.959
202209 -187.427 103.100 -189.245
202212 104.334 104.100 104.334

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


Iwasaki Electric Co  (TSE:6924) 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.

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

Shiller PE Ratio=Share Price/E10
=4450.00/8575030
=0.00

* 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.


Be Aware

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


Iwasaki Electric Co E10 Related Terms

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


Iwasaki Electric Co (TSE:6924) Business Description

Traded in Other Exchanges
N/A
Address
Bakurocho-daiichi Building 1-4-16, Nihonbashi-bakurocho, Chuo-ku, Tokyo, JPN, 103-0002
Iwasaki Electric Co., Ltd is a supplier of lighting products and industrial systems. The product line includes - lights for streets, tunnels, security, landscape lighting, sports lighting, factory lighting, commercial lighting, information display systems, and environment simulation systems.

Iwasaki Electric Co (TSE:6924) Headlines

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