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Kokuyo Co (TSE:7984) E10 : 円134.44 (As of Dec. 2024)


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What is Kokuyo 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.

Kokuyo Co's adjusted earnings per share data for the three months ended in Dec. 2024 was 円47.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円134.44 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Kokuyo Co's average E10 Growth Rate was 16.40% per year. During the past 3 years, the average E10 Growth Rate was 17.20% per year. During the past 5 years, the average E10 Growth Rate was 18.00% 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 Kokuyo Co was 20.90% per year. The lowest was 17.20% per year. And the median was 20.20% per year.

As of today (2025-04-02), Kokuyo Co's current stock price is 円2826.00. Kokuyo Co's E10 for the quarter that ended in Dec. 2024 was 円134.44. Kokuyo Co's Shiller PE Ratio of today is 21.02.

During the past 13 years, the highest Shiller PE Ratio of Kokuyo Co was 59.16. The lowest was 17.33. And the median was 21.81.


Kokuyo Co E10 Historical Data

The historical data trend for Kokuyo 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.

Kokuyo Co E10 Chart

Kokuyo 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 66.44 83.58 100.73 115.52 134.44

Kokuyo Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 115.52 122.30 127.07 128.34 134.44

Competitive Comparison of Kokuyo Co's E10

For the Business Equipment & Supplies subindustry, Kokuyo 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.


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

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

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


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Kokuyo 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, Kokuyo Co's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=47.77/110.7000*110.7000
=47.770

Current CPI (Dec. 2024) = 110.7000.

Kokuyo Co Quarterly Data

per share eps CPI Adj_EPS
201503 34.680 97.900 39.214
201506 16.369 98.400 18.415
201509 4.050 98.500 4.552
201512 -1.730 98.100 -1.952
201603 54.610 97.900 61.750
201606 15.363 98.100 17.336
201609 8.580 98.000 9.692
201612 24.444 98.400 27.500
201703 67.900 98.100 76.621
201706 24.968 98.500 28.060
201709 12.015 98.800 13.462
201712 21.940 99.400 24.434
201803 59.740 99.200 66.666
201806 32.570 99.200 36.346
201809 11.900 99.900 13.186
201812 16.125 99.700 17.904
201903 60.770 99.700 67.475
201906 20.970 99.800 23.260
201909 16.120 100.100 17.827
201912 31.525 100.500 34.725
202003 51.270 100.300 56.586
202006 1.880 99.900 2.083
202009 17.263 99.900 19.129
202012 -0.290 99.300 -0.323
202103 18.380 99.900 20.367
202106 52.260 99.500 58.143
202109 27.130 100.100 30.003
202112 18.929 100.100 20.933
202203 66.360 101.100 72.661
202206 27.393 101.800 29.788
202209 19.116 103.100 20.525
202212 44.870 104.100 47.715
202303 66.540 104.400 70.555
202306 35.212 105.200 37.053
202309 27.120 106.200 28.269
202312 36.690 106.800 38.030
202403 105.480 107.200 108.924
202406 32.185 108.200 32.929
202409 6.650 108.900 6.760
202412 47.770 110.700 47.770

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


Kokuyo Co  (TSE:7984) 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.

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

Shiller PE Ratio=Share Price/E10
=2826.00/134.44
=21.02

* 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 Kokuyo Co was 59.16. The lowest was 17.33. And the median was 21.81.


Be Aware

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


Kokuyo Co E10 Related Terms

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


Kokuyo Co Business Description

Traded in Other Exchanges
N/A
Address
6-1-1 Oimazato-Minami, Higashinari-ku, Osaka, JPN, 537-8686
Kokuyo Co Ltd is engaged in the manufacture, purchase, and sale of stationery, office furniture, and store utensils for retail businesses, as well as space design and consultation. The company operates through segments: stationery, furniture, and mail-order and retail. The stationery business provides stationery in Japan and other regions such as Vietnam, China, and India. The furniture business consists of the production and sale of office furniture, store fixtures, and furniture for public and commercial spaces. The mail-order and retail business provides mail-order services for individuals and retail and wholesale businesses, along with electronic purchasing systems and operation of information sites.

Kokuyo Co Headlines

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