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Takano Co (TSE:7885) E10 : 円46.98 (As of Dec. 2023)


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What is Takano 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.

Takano Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円1.956. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円46.98 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Takano Co's average E10 Growth Rate was 19.60% per year. During the past 3 years, the average E10 Growth Rate was 4.10% per year. During the past 5 years, the average E10 Growth Rate was 13.30% 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 Takano Co was 15.30% per year. The lowest was 4.10% per year. And the median was 10.00% per year.

As of today (2024-06-12), Takano Co's current stock price is 円915.00. Takano Co's E10 for the quarter that ended in Dec. 2023 was 円46.98. Takano Co's Shiller PE Ratio of today is 19.48.

During the past 13 years, the highest Shiller PE Ratio of Takano Co was 53.20. The lowest was 15.03. And the median was 21.29.


Takano Co E10 Historical Data

The historical data trend for Takano 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.

Takano Co E10 Chart

Takano 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 27.35 37.05 30.51 36.40 41.80

Takano 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 39.27 41.80 44.01 45.06 46.98

Competitive Comparison of Takano Co's E10

For the Furnishings, Fixtures & Appliances subindustry, Takano 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.


Takano Co's Shiller PE Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Takano Co's Shiller PE Ratio distribution charts can be found below:

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



Takano 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, Takano 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)
=1.956/106.8000*106.8000
=1.956

Current CPI (Dec. 2023) = 106.8000.

Takano Co Quarterly Data

per share eps CPI Adj_EPS
201403 27.540 95.700 30.734
201406 -3.430 98.000 -3.738
201409 6.950 98.500 7.536
201412 -0.380 97.900 -0.415
201503 19.159 97.900 20.901
201506 -11.850 98.400 -12.862
201509 18.650 98.500 20.222
201512 2.044 98.100 2.225
201603 33.858 97.900 36.936
201606 8.840 98.100 9.624
201609 9.554 98.000 10.412
201612 7.250 98.400 7.869
201703 29.977 98.100 32.636
201706 5.760 98.500 6.245
201709 10.499 98.800 11.349
201712 -0.580 99.400 -0.623
201803 42.606 99.200 45.870
201806 17.580 99.200 18.927
201809 8.040 99.900 8.595
201812 0.990 99.700 1.061
201903 36.499 99.700 39.098
201906 5.810 99.800 6.218
201909 1.250 100.100 1.334
201912 0.710 100.500 0.755
202003 30.783 100.300 32.778
202006 -25.930 99.900 -27.721
202009 0.164 99.900 0.175
202012 -4.413 99.300 -4.746
202103 29.418 99.900 31.450
202106 4.100 99.500 4.401
202109 4.960 100.100 5.292
202112 1.956 100.100 2.087
202203 47.761 101.100 50.454
202206 0.730 101.800 0.766
202209 11.155 103.100 11.555
202212 -4.370 104.100 -4.483
202303 46.940 104.400 48.019
202306 -1.340 105.200 -1.360
202309 18.130 106.200 18.232
202312 1.956 106.800 1.956

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


Takano Co  (TSE:7885) 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.

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

Shiller PE Ratio=Share Price/E10
=915.00/46.98
=19.48

* 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 Takano Co was 53.20. The lowest was 15.03. And the median was 21.29.


Be Aware

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


Takano Co E10 Related Terms

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


Takano Co (TSE:7885) Business Description

Traded in Other Exchanges
N/A
Address
137 Miyada-mura, Kamiina-gun, Nagano, JPN, 399-4301
Takano Co Ltd provides business equipment. The company is engaged in the manufacturing and sales of office chairs and other office furniture, springs, exterior products, electronics-related products, and equipment for health and welfare.

Takano Co (TSE:7885) Headlines

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