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T.RAD Co (TSE:7236) E10 : 円143.93 (As of Dec. 2023)


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What is T.RAD 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.

T.RAD Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円30.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円143.93 for the trailing ten years ended in Dec. 2023.

During the past 12 months, T.RAD Co's average E10 Growth Rate was -24.10% per year. During the past 3 years, the average E10 Growth Rate was -18.60% per year. During the past 5 years, the average E10 Growth Rate was -4.70% 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 T.RAD Co was 4.50% per year. The lowest was -18.60% per year. And the median was -6.70% per year.

As of today (2024-06-10), T.RAD Co's current stock price is 円3575.00. T.RAD Co's E10 for the quarter that ended in Dec. 2023 was 円143.93. T.RAD Co's Shiller PE Ratio of today is 24.84.

During the past 13 years, the highest Shiller PE Ratio of T.RAD Co was 27.96. The lowest was 3.82. And the median was 12.71.


T.RAD Co E10 Historical Data

The historical data trend for T.RAD 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.

T.RAD Co E10 Chart

T.RAD Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 248.81 263.14 186.31 202.13 141.73

T.RAD Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 189.66 141.73 144.50 162.22 143.93

Competitive Comparison of T.RAD Co's E10

For the Auto Parts subindustry, T.RAD 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.


T.RAD Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, T.RAD Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where T.RAD Co's Shiller PE Ratio falls into.



T.RAD 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, T.RAD Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=30.63/106.8000*106.8000
=30.630

Current CPI (Dec. 2023) = 106.8000.

T.RAD Co Quarterly Data

per share eps CPI Adj_EPS
201403 53.190 95.700 59.359
201406 48.500 98.000 52.855
201409 -88.000 98.500 -95.415
201412 71.700 97.900 78.218
201503 26.700 97.900 29.127
201506 41.200 98.400 44.717
201509 -15.500 98.500 -16.806
201512 49.786 98.100 54.201
201603 15.200 97.900 16.582
201606 24.400 98.100 26.564
201609 77.914 98.000 84.910
201612 95.079 98.400 103.196
201703 50.742 98.100 55.242
201706 150.090 98.500 162.737
201709 34.270 98.800 37.045
201712 254.570 99.400 273.522
201803 24.748 99.200 26.644
201806 122.110 99.200 131.465
201809 71.460 99.900 76.396
201812 65.072 99.700 69.706
201903 -40.640 99.700 -43.534
201906 69.590 99.800 74.471
201909 154.870 100.100 165.236
201912 -33.058 100.500 -35.130
202003 -3.889 100.300 -4.141
202006 -137.440 99.900 -146.933
202009 -204.950 99.900 -219.106
202012 105.449 99.300 113.413
202103 64.541 99.900 68.999
202106 181.140 99.500 194.430
202109 78.180 100.100 83.413
202112 176.380 100.100 188.186
202203 78.342 101.100 82.759
202206 143.360 101.800 150.401
202209 -96.581 103.100 -100.047
202212 -105.012 104.100 -107.736
202303 -492.994 104.400 -504.327
202306 70.860 105.200 71.938
202309 105.550 106.200 106.146
202312 30.630 106.800 30.630

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


T.RAD Co  (TSE:7236) 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.

T.RAD Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3575.00/143.93
=24.84

* 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 T.RAD Co was 27.96. The lowest was 3.82. And the median was 12.71.


Be Aware

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


T.RAD Co E10 Related Terms

Thank you for viewing the detailed overview of T.RAD Co's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


T.RAD Co (TSE:7236) Business Description

Traded in Other Exchanges
N/A
Address
Aioi Insurance Shinjyuku Bldg., 3-25-3,Yoyogi, Shibuya-ku, Tokyo, JPN, 151-0053
T.RAD Co Ltd engages in manufacture and sale of automobile parts and other machinery. Its services include the manufacturing and marketing of heat exchangers for automobiles, construction, and industrial machines, air conditioners, distributed generators, parts for automobiles, environment-related equipment, and others. The firm's main products consist of radiators, oil coolers, EGR coolers, intercoolers, recuperators, fin coils for air conditioners, and other heat exchangers.

T.RAD Co (TSE:7236) Headlines

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