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Mitsubishi Motors (TSE:7211) E10 : 円17.88 (As of Jun. 2024)


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What is Mitsubishi Motors 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.

Mitsubishi Motors's adjusted earnings per share data for the three months ended in Jun. 2024 was 円19.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円17.88 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Mitsubishi Motors's average E10 Growth Rate was -30.60% per year. During the past 3 years, the average E10 Growth Rate was -18.80% per year. During the past 5 years, the average E10 Growth Rate was -21.80% 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 Mitsubishi Motors was 12.50% per year. The lowest was -37.30% per year. And the median was -17.45% per year.

As of today (2024-12-13), Mitsubishi Motors's current stock price is 円417.70. Mitsubishi Motors's E10 for the quarter that ended in Jun. 2024 was 円17.88. Mitsubishi Motors's Shiller PE Ratio of today is 23.36.

During the past 13 years, the highest Shiller PE Ratio of Mitsubishi Motors was 33.90. The lowest was 1.79. And the median was 15.67.


Mitsubishi Motors E10 Historical Data

The historical data trend for Mitsubishi Motors'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.

Mitsubishi Motors E10 Chart

Mitsubishi Motors 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 59.52 35.30 36.48 24.22 18.88

Mitsubishi Motors 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 21.90 16.90 18.88 17.88 14.88

Competitive Comparison of Mitsubishi Motors's E10

For the Auto Manufacturers subindustry, Mitsubishi Motors'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.


Mitsubishi Motors's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mitsubishi Motors's Shiller PE Ratio distribution charts can be found below:

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



Mitsubishi Motors 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, Mitsubishi Motors's adjusted earnings per share data for the three months ended in Jun. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=19.82/108.2000*108.2000
=19.820

Current CPI (Jun. 2024) = 108.2000.

Mitsubishi Motors Quarterly Data

per share eps CPI Adj_EPS
201409 33.290 98.500 36.568
201412 38.330 97.900 42.363
201503 19.909 97.900 22.004
201506 24.392 98.400 26.821
201509 28.558 98.500 31.370
201512 25.088 98.100 27.671
201603 -4.244 97.900 -4.691
201606 -131.910 98.100 -145.491
201609 -91.384 98.000 -100.895
201612 4.220 98.400 4.640
201703 9.921 98.100 10.942
201706 15.420 98.500 16.939
201709 17.050 98.800 18.672
201712 14.540 99.400 15.827
201803 25.190 99.200 27.475
201806 18.910 99.200 20.626
201809 15.890 99.900 17.210
201812 11.620 99.700 12.611
201903 42.760 99.700 46.406
201906 6.250 99.800 6.776
201909 -4.510 100.100 -4.875
201912 -9.650 100.500 -10.389
202003 -9.420 100.300 -10.162
202006 -118.360 99.900 -128.194
202009 -22.661 99.900 -24.544
202012 -22.901 99.300 -24.954
202103 -45.960 99.900 -49.778
202106 4.090 99.500 4.448
202109 10.470 100.100 11.317
202112 15.500 100.100 16.754
202203 19.680 101.100 21.062
202206 25.910 101.800 27.539
202209 29.680 103.100 31.148
202212 32.260 104.100 33.531
202303 25.510 104.400 26.439
202306 32.210 105.200 33.129
202309 13.120 106.200 13.367
202312 23.690 106.800 24.001
202403 34.930 107.200 35.256
202406 19.820 108.200 19.820

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


Mitsubishi Motors  (TSE:7211) 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.

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

Shiller PE Ratio=Share Price/E10
=417.70/17.88
=23.36

* 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 Mitsubishi Motors was 33.90. The lowest was 1.79. And the median was 15.67.


Be Aware

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


Mitsubishi Motors E10 Related Terms

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


Mitsubishi Motors Business Description

Traded in Other Exchanges
Address
5-33-8, Shiba, Minato - ku, Tokyo, JPN, 108-8410
Mitsubishi Motors is a Japanese automobile manufacturer. The company principally produces small passenger vehicles, electric and hybrid vehicles, and sport utility vehicles, or SUVs. Mitsubishi Motors is organised into two business segments: automobile business and automobile financing business. The company derives the vast majority of company revenue from the automotive business. Geographically, the company is separated into five regions: Japan, North America, Europe, Asia (excluding Japan), and other. With more than half of its products manufactures in Japan where it also generates the majority of its consolidated revenue, followed by Asia, and North America.

Mitsubishi Motors Headlines

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