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Ohashi Technica (TSE:7628) E10 : 円166.24 (As of Dec. 2023)


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What is Ohashi Technica 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.

Ohashi Technica's adjusted earnings per share data for the three months ended in Dec. 2023 was 円29.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円166.24 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ohashi Technica's average E10 Growth Rate was -3.40% 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 7.60% 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 Ohashi Technica was 10.50% per year. The lowest was 3.90% per year. And the median was 6.70% per year.

As of today (2024-05-16), Ohashi Technica's current stock price is 円1614.00. Ohashi Technica's E10 for the quarter that ended in Dec. 2023 was 円166.24. Ohashi Technica's Shiller PE Ratio of today is 9.71.

During the past 13 years, the highest Shiller PE Ratio of Ohashi Technica was 16.17. The lowest was 7.53. And the median was 9.72.


Ohashi Technica E10 Historical Data

The historical data trend for Ohashi Technica'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.

Ohashi Technica E10 Chart

Ohashi Technica 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 135.17 151.34 154.57 164.43 169.73

Ohashi Technica 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 172.01 169.73 167.64 166.24 166.24

Competitive Comparison of Ohashi Technica's E10

For the Industrial Distribution subindustry, Ohashi Technica'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.


Ohashi Technica's Shiller PE Ratio Distribution in the Industrial Distribution Industry

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

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



Ohashi Technica 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, Ohashi Technica'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)
=29.81/106.8000*106.8000
=29.810

Current CPI (Dec. 2023) = 106.8000.

Ohashi Technica Quarterly Data

per share eps CPI Adj_EPS
201403 39.910 95.700 44.539
201406 45.620 98.000 49.716
201409 45.970 98.500 49.844
201412 44.910 97.900 48.993
201503 40.940 97.900 44.662
201506 48.790 98.400 52.955
201509 48.000 98.500 52.045
201512 52.920 98.100 57.613
201603 45.710 97.900 49.865
201606 48.840 98.100 53.171
201609 63.770 98.000 69.496
201612 42.607 98.400 46.244
201703 35.360 98.100 38.496
201706 44.800 98.500 48.575
201709 50.550 98.800 54.643
201712 53.850 99.400 57.859
201803 56.926 99.200 61.287
201806 54.230 99.200 58.385
201809 54.985 99.900 58.783
201812 51.100 99.700 54.739
201903 38.700 99.700 41.456
201906 49.790 99.800 53.282
201909 42.770 100.100 45.633
201912 45.442 100.500 48.291
202003 28.790 100.300 30.656
202006 18.810 99.900 20.109
202009 2.438 99.900 2.606
202012 40.430 99.300 43.484
202103 44.340 99.900 47.403
202106 42.640 99.500 45.768
202109 29.011 100.100 30.953
202112 29.620 100.100 31.603
202203 25.870 101.100 27.329
202206 33.170 101.800 34.799
202209 25.398 103.100 26.309
202212 38.346 104.100 39.341
202303 -2.099 104.400 -2.147
202306 -1.710 105.200 -1.736
202309 15.450 106.200 15.537
202312 29.810 106.800 29.810

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


Ohashi Technica  (TSE:7628) 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.

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

Shiller PE Ratio=Share Price/E10
=1614.00/166.24
=9.71

* 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 Ohashi Technica was 16.17. The lowest was 7.53. And the median was 9.72.


Be Aware

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


Ohashi Technica E10 Related Terms

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


Ohashi Technica (TSE:7628) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, No. 13, Toranomon, 10th floor, Hurric Kamiyacho Building, Minato-ku, Tokyo, JPN, 105-0001
Ohashi Technica Inc is a Japan-based supplier responsible for design, development, manufacture, and sales of auto parts. The company is engaged in the original technical development and manufacturing and organization of subcontractors covering a range of products and technical fields. Its products are used as automotive parts, engine and mission components, differential components, brake components, body, and chasse components, interior/exterior components, and communications device parts. It has operations in Japan and overseas markets.

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