GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shinko Shoji Co Ltd (TSE:8141) » Definitions » E10

Shinko Shoji Co (TSE:8141) E10 : 円60.25 (As of Sep. 2024)


View and export this data going back to 1983. Start your Free Trial

What is Shinko Shoji 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.

Shinko Shoji Co's adjusted earnings per share data for the three months ended in Sep. 2024 was 円0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円60.25 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Shinko Shoji Co's average E10 Growth Rate was -2.50% per year. During the past 3 years, the average E10 Growth Rate was 14.10% per year. During the past 5 years, the average E10 Growth Rate was 9.60% 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 Shinko Shoji Co was 14.10% per year. The lowest was -6.70% per year. And the median was 8.25% per year.

As of today (2025-04-05), Shinko Shoji Co's current stock price is 円867.00. Shinko Shoji Co's E10 for the quarter that ended in Sep. 2024 was 円60.25. Shinko Shoji Co's Shiller PE Ratio of today is 14.39.

During the past 13 years, the highest Shiller PE Ratio of Shinko Shoji Co was 24.84. The lowest was 13.90. And the median was 20.19.


Shinko Shoji Co E10 Historical Data

The historical data trend for Shinko Shoji 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.

Shinko Shoji Co E10 Chart

Shinko Shoji 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 40.66 41.49 46.67 56.87 61.71

Shinko Shoji 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 63.12 61.71 61.45 60.25 -

Competitive Comparison of Shinko Shoji Co's E10

For the Electronics & Computer Distribution subindustry, Shinko Shoji 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.


Shinko Shoji Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Shinko Shoji Co's Shiller PE Ratio distribution charts can be found below:

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


;
;

Shinko Shoji 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, Shinko Shoji Co's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.1/108.9000*108.9000
=0.100

Current CPI (Sep. 2024) = 108.9000.

Shinko Shoji Co Quarterly Data

per share eps CPI Adj_EPS
201412 9.100 97.900 10.122
201503 12.057 97.900 13.412
201506 9.200 98.400 10.182
201509 7.083 98.500 7.831
201512 5.375 98.100 5.967
201603 15.980 97.900 17.776
201606 4.590 98.100 5.095
201609 6.795 98.000 7.551
201612 5.625 98.400 6.225
201703 10.890 98.100 12.089
201706 16.775 98.500 18.546
201709 15.540 98.800 17.129
201712 13.330 99.400 14.604
201803 6.527 99.200 7.165
201806 10.880 99.200 11.944
201809 4.779 99.900 5.210
201812 13.700 99.700 14.964
201903 6.744 99.700 7.366
201906 8.360 99.800 9.122
201909 4.500 100.100 4.896
201912 3.647 100.500 3.952
202003 16.410 100.300 17.817
202006 0.770 99.900 0.839
202009 4.300 99.900 4.687
202012 7.655 99.300 8.395
202103 21.102 99.900 23.003
202106 12.510 99.500 13.692
202109 9.050 100.100 9.846
202112 16.799 100.100 18.276
202203 37.740 101.100 40.652
202206 29.520 101.800 31.579
202209 35.410 103.100 37.402
202212 36.380 104.100 38.057
202303 36.460 104.400 38.032
202306 32.760 105.200 33.912
202309 35.769 106.200 36.678
202312 28.547 106.800 29.108
202403 -0.550 107.200 -0.559
202406 9.730 108.200 9.793
202409 0.100 108.900 0.100

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


Shinko Shoji Co  (TSE:8141) 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.

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

Shiller PE Ratio=Share Price/E10
=867.00/60.25
=14.39

* 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 Shinko Shoji Co was 24.84. The lowest was 13.90. And the median was 20.19.


Be Aware

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


Shinko Shoji Co E10 Related Terms

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


Shinko Shoji Co Business Description

Traded in Other Exchanges
N/A
Address
Art Village Osaki Central Tower13F, 1-2-2 Osaki, Shinagawa-ku, Tokyo, JPN, 141-8540
Shinko Shoji Co Ltd is engaged in the sale, import and export of electronic components & assembly products which includes memory products, microcomputers, system large scale integrations, semiconductors, capacitors, ferrite cores & color liquid crystals.

Shinko Shoji Co Headlines

No Headlines