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GMO Financial Holdings (TSE:7177) E10 : 円59.04 (As of Dec. 2024)


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What is GMO Financial Holdings 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.

GMO Financial Holdings's adjusted earnings per share data for the three months ended in Dec. 2024 was 円10.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円59.04 for the trailing ten years ended in Dec. 2024.

During the past 12 months, GMO Financial Holdings's average E10 Growth Rate was -4.20% per year. During the past 3 years, the average E10 Growth Rate was 6.30% per year. During the past 5 years, the average E10 Growth Rate was 12.20% 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 GMO Financial Holdings was 18.20% per year. The lowest was 6.30% per year. And the median was 15.60% per year.

As of today (2025-04-08), GMO Financial Holdings's current stock price is 円714.00. GMO Financial Holdings's E10 for the quarter that ended in Dec. 2024 was 円59.04. GMO Financial Holdings's Shiller PE Ratio of today is 12.09.

During the past 13 years, the highest Shiller PE Ratio of GMO Financial Holdings was 35.88. The lowest was 9.31. And the median was 16.40.


GMO Financial Holdings E10 Historical Data

The historical data trend for GMO Financial Holdings'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.

GMO Financial Holdings E10 Chart

GMO Financial Holdings Annual Data
Trend Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.21 49.19 54.17 61.65 59.04

GMO Financial Holdings 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 61.65 57.02 56.73 58.81 59.04

Competitive Comparison of GMO Financial Holdings's E10

For the Capital Markets subindustry, GMO Financial Holdings'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.


GMO Financial Holdings's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GMO Financial Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where GMO Financial Holdings's Shiller PE Ratio falls into.


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GMO Financial Holdings 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, GMO Financial Holdings's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=10.48/110.7000*110.7000
=10.480

Current CPI (Dec. 2024) = 110.7000.

GMO Financial Holdings Quarterly Data

per share eps CPI Adj_EPS
201503 10.950 97.900 12.382
201506 15.080 98.400 16.965
201509 13.490 98.500 15.161
201512 12.890 98.100 14.546
201603 12.140 97.900 13.727
201606 18.830 98.100 21.249
201609 12.000 98.000 13.555
201612 13.030 98.400 14.659
201703 -1.850 98.100 -2.088
201706 13.560 98.500 15.240
201709 16.720 98.800 18.734
201712 20.750 99.400 23.109
201803 14.710 99.200 16.415
201806 17.720 99.200 19.774
201809 18.850 99.900 20.888
201812 12.400 99.700 13.768
201903 5.130 99.700 5.696
201906 15.840 99.800 17.570
201909 17.860 100.100 19.751
201912 12.180 100.500 13.416
202003 19.760 100.300 21.809
202006 20.520 99.900 22.738
202009 11.980 99.900 13.275
202012 9.640 99.300 10.747
202103 32.600 99.900 36.124
202106 19.090 99.500 21.239
202109 16.730 100.100 18.502
202112 17.980 100.100 19.884
202203 21.280 101.100 23.301
202206 15.560 101.800 16.920
202209 -14.670 103.100 -15.751
202212 -11.660 104.100 -12.399
202303 19.840 104.400 21.037
202306 11.130 105.200 11.712
202309 24.994 106.200 26.053
202312 9.330 106.800 9.671
202403 23.730 107.200 24.505
202406 -10.526 108.200 -10.769
202409 16.530 108.900 16.803
202412 10.480 110.700 10.480

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


GMO Financial Holdings  (TSE:7177) 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.

GMO Financial Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=714.00/59.04
=12.09

* 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 GMO Financial Holdings was 35.88. The lowest was 9.31. And the median was 16.40.


Be Aware

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


GMO Financial Holdings E10 Related Terms

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


GMO Financial Holdings Business Description

Traded in Other Exchanges
N/A
Address
1-2-3, Dogenzaka, Shibuya Fukuras, Shibuya-ku, Tokyo, JPN, 150-0043
GMO Financial Holdings Inc is a Japan-based holding company that is principally engaged in providing financial product trading services in Japan and overseas markets. The company operates through various subsidiaries, such as GMO Click Securities and FX Prime from GMO Corp. in Japan; and GMO-Z.com Forex HK Limited, GMO-Z.com Bullion HK Limited, and GMO-Z.com Trade UK Limited in Hong Kong and the United Kingdom. Through the above subsidiaries, the company is involved in activities including foreign exchange trading, bullion trading, CFD trading, and others.

GMO Financial Holdings Headlines

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