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Mitsubishi Pencil Co (TSE:7976) E10 : 円130.10 (As of Jun. 2024)


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What is Mitsubishi Pencil 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.

Mitsubishi Pencil Co's adjusted earnings per share data for the three months ended in Jun. 2024 was 円82.900. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円130.10 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Mitsubishi Pencil 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 Mitsubishi Pencil Co was 6.80% per year. The lowest was -4.30% per year. And the median was 3.10% per year.

As of today (2025-03-17), Mitsubishi Pencil Co's current stock price is 円2544.00. Mitsubishi Pencil Co's E10 for the quarter that ended in Jun. 2024 was 円130.10. Mitsubishi Pencil Co's Shiller PE Ratio of today is 19.55.

During the past 13 years, the highest Shiller PE Ratio of Mitsubishi Pencil Co was 27.30. The lowest was 10.93. And the median was 16.04.


Mitsubishi Pencil Co E10 Historical Data

The historical data trend for Mitsubishi Pencil 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.

Mitsubishi Pencil Co E10 Chart

Mitsubishi Pencil Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.39 105.14 114.56 123.35 -

Mitsubishi Pencil Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 119.00 123.35 123.23 130.10 -

Competitive Comparison of Mitsubishi Pencil Co's E10

For the Business Equipment & Supplies subindustry, Mitsubishi Pencil 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.


Mitsubishi Pencil Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Pencil Co's Shiller PE Ratio distribution charts can be found below:

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



Mitsubishi Pencil 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, Mitsubishi Pencil Co'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)
=82.9/108.2000*108.2000
=82.900

Current CPI (Jun. 2024) = 108.2000.

Mitsubishi Pencil Co Quarterly Data

per share eps CPI Adj_EPS
201409 25.115 98.500 27.588
201412 35.155 97.900 38.854
201503 38.430 97.900 42.473
201506 41.075 98.400 45.166
201509 30.586 98.500 33.598
201512 18.910 98.100 20.857
201603 41.650 97.900 46.032
201606 21.910 98.100 24.166
201609 22.215 98.000 24.527
201612 21.700 98.400 23.861
201703 50.670 98.100 55.887
201706 29.546 98.500 32.456
201709 27.870 98.800 30.522
201712 36.630 99.400 39.873
201803 36.700 99.200 40.030
201806 22.450 99.200 24.487
201809 16.560 99.900 17.936
201812 24.600 99.700 26.697
201903 37.830 99.700 41.055
201906 18.209 99.800 19.742
201909 18.298 100.100 19.779
201912 1.933 100.500 2.081
202003 25.490 100.300 27.498
202006 5.311 99.900 5.752
202009 15.369 99.900 16.646
202012 20.560 99.300 22.403
202103 35.350 99.900 38.287
202106 22.290 99.500 24.239
202109 17.444 100.100 18.856
202112 25.810 100.100 27.899
202203 43.340 101.100 46.384
202206 25.958 101.800 27.590
202209 21.515 103.100 22.579
202212 33.260 104.100 34.570
202303 43.850 104.400 45.446
202306 35.997 105.200 37.024
202309 31.515 106.200 32.109
202312 72.530 106.800 73.481
202403 39.340 107.200 39.707
202406 82.900 108.200 82.900

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


Mitsubishi Pencil Co  (TSE:7976) 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 Pencil Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2544.00/130.10
=19.55

* 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 Pencil Co was 27.30. The lowest was 10.93. And the median was 16.04.


Be Aware

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


Mitsubishi Pencil Co E10 Related Terms

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


Mitsubishi Pencil Co Business Description

Traded in Other Exchanges
N/A
Address
5-23-37, Higashi-ohi, Shinagawa-ku, Tokyo, JPN, 140-8537
Mitsubishi Pencil Co Ltd manufactures and distributes writing instruments, office supplies, and other products. The company operates in two business segments. The writing material and writing-material-related product segment is engaged in the manufacture and sale of pencils, ballpoint pens, rubbers, office automation equipment, correction tapes, sharpeners, cosmetics, and other products. The other segment provides adhesive tapes and handicraft products. The Japan-based company has operations across Europe, Asia, Oceania, and the Americas.

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