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Tsutsumi Jewelry Co (TSE:7937) E10 : 円28.09 (As of Dec. 2023)


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What is Tsutsumi Jewelry 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.

Tsutsumi Jewelry Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円33.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円28.09 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Tsutsumi Jewelry Co's average E10 Growth Rate was -100.00% 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 Tsutsumi Jewelry Co was -10.90% per year. The lowest was -14.40% per year. And the median was -13.30% per year.

As of today (2024-05-26), Tsutsumi Jewelry Co's current stock price is 円2186.00. Tsutsumi Jewelry Co's E10 for the quarter that ended in Dec. 2023 was 円28.09. Tsutsumi Jewelry Co's Shiller PE Ratio of today is 77.82.

During the past 13 years, the highest Shiller PE Ratio of Tsutsumi Jewelry Co was 83.49. The lowest was 27.12. And the median was 50.44.


Tsutsumi Jewelry Co E10 Historical Data

The historical data trend for Tsutsumi Jewelry 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.

Tsutsumi Jewelry Co E10 Chart

Tsutsumi Jewelry Co 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 48.04 41.97 36.29 31.27 -

Tsutsumi Jewelry Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 31.27 30.11 29.38 28.09 -

Competitive Comparison of Tsutsumi Jewelry Co's E10

For the Luxury Goods subindustry, Tsutsumi Jewelry 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.


Tsutsumi Jewelry Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tsutsumi Jewelry Co's Shiller PE Ratio distribution charts can be found below:

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



Tsutsumi Jewelry 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, Tsutsumi Jewelry 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)
=33.02/106.8000*106.8000
=33.020

Current CPI (Dec. 2023) = 106.8000.

Tsutsumi Jewelry Co Quarterly Data

per share eps CPI Adj_EPS
201403 32.678 95.700 36.468
201406 8.150 98.000 8.882
201409 14.810 98.500 16.058
201412 28.020 97.900 30.567
201503 8.190 97.900 8.935
201506 5.760 98.400 6.252
201509 8.800 98.500 9.542
201512 27.180 98.100 29.590
201603 -89.506 97.900 -97.643
201606 0.310 98.100 0.337
201609 3.590 98.000 3.912
201612 22.130 98.400 24.019
201703 -79.630 98.100 -86.692
201706 -0.860 98.500 -0.932
201709 4.607 98.800 4.980
201712 23.889 99.400 25.667
201803 6.390 99.200 6.880
201806 2.610 99.200 2.810
201809 11.370 99.900 12.155
201812 3.500 99.700 3.749
201903 5.442 99.700 5.830
201906 2.510 99.800 2.686
201909 28.700 100.100 30.621
201912 12.184 100.500 12.948
202003 -3.081 100.300 -3.281
202006 -24.560 99.900 -26.256
202009 17.380 99.900 18.580
202012 24.330 99.300 26.168
202103 8.880 99.900 9.493
202106 -0.990 99.500 -1.063
202109 6.018 100.100 6.421
202112 27.160 100.100 28.978
202203 11.090 101.100 11.715
202206 9.400 101.800 9.862
202209 10.450 103.100 10.825
202212 26.876 104.100 27.573
202303 11.430 104.400 11.693
202306 6.960 105.200 7.066
202309 12.430 106.200 12.500
202312 33.020 106.800 33.020

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


Tsutsumi Jewelry Co  (TSE:7937) 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.

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

Shiller PE Ratio=Share Price/E10
=2186.00/28.09
=77.82

* 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 Tsutsumi Jewelry Co was 83.49. The lowest was 27.12. And the median was 50.44.


Be Aware

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


Tsutsumi Jewelry Co E10 Related Terms

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


Tsutsumi Jewelry Co (TSE:7937) Business Description

Traded in Other Exchanges
Address
4-24-26, Chuo Saitama-ken, Saitama-ken, Warabi-shi, JPN, 335-0004
Tsutsumi Jewelry Co Ltd is a Japan-based jewelry company engages in the manufacture, wholesale and retail of jewelry, precious stones, and accessories. Its products include rings, necklaces, bracelets, anklets, pendants, brooches, straps, and accessories. It imports gems; manufactures jewelry; and operates jewelry specialty store under the name Jewelry Tsutsumi.

Tsutsumi Jewelry Co (TSE:7937) Headlines

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