GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Fanuc Corp (TSE:6954) » Definitions » E10

Fanuc (TSE:6954) E10 : 円160.85 (As of Sep. 2024)


View and export this data going back to 1976. Start your Free Trial

What is Fanuc 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.

Fanuc's adjusted earnings per share data for the three months ended in Sep. 2024 was 円43.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円160.85 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Fanuc's average E10 Growth Rate was 0.70% per year. During the past 3 years, the average E10 Growth Rate was 3.90% per year. During the past 5 years, the average E10 Growth Rate was 2.30% per year. During the past 10 years, the average E10 Growth Rate was 2.40% 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 Fanuc was 5.00% per year. The lowest was -11.20% per year. And the median was 1.90% per year.

As of today (2025-03-24), Fanuc's current stock price is 円4378.00. Fanuc's E10 for the quarter that ended in Sep. 2024 was 円160.85. Fanuc's Shiller PE Ratio of today is 27.22.

During the past 13 years, the highest Shiller PE Ratio of Fanuc was 48.33. The lowest was 16.41. And the median was 29.30.


Fanuc E10 Historical Data

The historical data trend for Fanuc'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.

Fanuc E10 Chart

Fanuc 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 147.59 143.86 146.78 155.98 161.54

Fanuc 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 161.14 161.54 161.00 160.85 -

Competitive Comparison of Fanuc's E10

For the Specialty Industrial Machinery subindustry, Fanuc'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.


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

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

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



Fanuc 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, Fanuc'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)
=43.71/108.9000*108.9000
=43.710

Current CPI (Sep. 2024) = 108.9000.

Fanuc Quarterly Data

per share eps CPI Adj_EPS
201412 56.320 97.900 62.648
201503 59.440 97.900 66.119
201506 51.905 98.400 57.444
201509 42.064 98.500 46.505
201512 36.171 98.100 40.153
201603 33.216 97.900 36.948
201606 31.184 98.100 34.617
201609 30.882 98.000 34.317
201612 33.424 98.400 36.991
201703 36.236 98.100 40.225
201706 42.130 98.500 46.578
201709 46.352 98.800 51.090
201712 52.156 99.400 57.141
201803 47.094 99.200 51.699
201806 46.146 99.200 50.658
201809 38.144 99.900 41.580
201812 48.556 99.700 53.037
201903 26.221 99.700 28.641
201906 24.150 99.800 26.352
201909 17.616 100.100 19.165
201912 17.027 100.500 18.450
202003 17.564 100.300 19.070
202006 9.478 99.900 10.332
202009 19.832 99.900 21.619
202012 28.394 99.300 31.139
202103 40.318 99.900 43.950
202106 42.014 99.500 45.983
202109 39.989 100.100 43.505
202112 41.834 100.100 45.512
202203 38.058 101.100 40.994
202206 44.000 101.800 47.069
202209 44.000 103.100 46.475
202212 47.750 104.100 49.952
202303 42.795 104.400 44.640
202306 31.820 105.200 32.939
202309 35.280 106.200 36.177
202312 36.330 106.800 37.044
202403 36.800 107.200 37.384
202406 30.460 108.200 30.657
202409 43.710 108.900 43.710

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


Fanuc  (TSE:6954) 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.

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

Shiller PE Ratio=Share Price/E10
=4378.00/160.85
=27.22

* 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 Fanuc was 48.33. The lowest was 16.41. And the median was 29.30.


Be Aware

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


Fanuc E10 Related Terms

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


Fanuc Business Description

Traded in Other Exchanges
Address
3580, Shibokusa, Oshino-mura, Minamitsuru-gun, Yamanashi, JPN, 401-0597
Fanuc's primary products include industrial robots, computerized numerical control systems, and compact machining centers (Robodrills) globally. The company had its beginnings as part of Fujitsu developing early numerical control systems and commands the top global market share with its CNC systems and industrial robots.

Fanuc Headlines

No Headlines