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Tsuzuki Denki Co (TSE:8157) E10 : 円151.85 (As of Sep. 2024)


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What is Tsuzuki Denki 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.

Tsuzuki Denki Co's adjusted earnings per share data for the three months ended in Sep. 2024 was 円57.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円151.85 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Tsuzuki Denki Co's average E10 Growth Rate was 9.70% per year. During the past 3 years, the average E10 Growth Rate was 20.00% per year. During the past 5 years, the average E10 Growth Rate was 14.80% 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 Tsuzuki Denki Co was 20.00% per year. The lowest was 12.00% per year. And the median was 13.80% per year.

As of today (2025-04-04), Tsuzuki Denki Co's current stock price is 円2154.00. Tsuzuki Denki Co's E10 for the quarter that ended in Sep. 2024 was 円151.85. Tsuzuki Denki Co's Shiller PE Ratio of today is 14.19.

During the past 13 years, the highest Shiller PE Ratio of Tsuzuki Denki Co was 25.60. The lowest was 10.95. And the median was 15.99.


Tsuzuki Denki Co E10 Historical Data

The historical data trend for Tsuzuki Denki 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.

Tsuzuki Denki Co E10 Chart

Tsuzuki Denki 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 85.45 83.72 102.10 119.91 144.80

Tsuzuki Denki 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 149.80 144.80 149.85 151.85 -

Competitive Comparison of Tsuzuki Denki Co's E10

For the Conglomerates subindustry, Tsuzuki Denki 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.


Tsuzuki Denki Co's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tsuzuki Denki Co's Shiller PE Ratio distribution charts can be found below:

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


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Tsuzuki Denki 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, Tsuzuki Denki 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)
=57.32/108.9000*108.9000
=57.320

Current CPI (Sep. 2024) = 108.9000.

Tsuzuki Denki Co Quarterly Data

per share eps CPI Adj_EPS
201412 -40.170 97.900 -44.683
201503 68.972 97.900 76.722
201506 -48.130 98.400 -53.266
201509 51.350 98.500 56.772
201512 -48.411 98.100 -53.741
201603 102.737 97.900 114.280
201606 -52.450 98.100 -58.224
201609 70.820 98.000 78.697
201612 -27.620 98.400 -30.567
201703 96.954 98.100 107.628
201706 -46.230 98.500 -51.111
201709 45.100 98.800 49.710
201712 -1.594 99.400 -1.746
201803 90.793 99.200 99.671
201806 -38.270 99.200 -42.012
201809 56.767 99.900 61.881
201812 -0.994 99.700 -1.086
201903 110.983 99.700 121.224
201906 -33.400 99.800 -36.445
201909 71.500 100.100 77.786
201912 26.750 100.500 28.986
202003 116.636 100.300 126.637
202006 -38.530 99.900 -42.001
202009 47.079 99.900 51.320
202012 2.960 99.300 3.246
202103 122.098 99.900 133.098
202106 -13.890 99.500 -15.202
202109 41.840 100.100 45.518
202112 25.430 100.100 27.666
202203 104.792 101.100 112.877
202206 -8.300 101.800 -8.879
202209 47.720 103.100 50.405
202212 15.260 104.100 15.964
202303 142.180 104.400 148.308
202306 25.010 105.200 25.890
202309 136.930 106.200 140.411
202312 71.250 106.800 72.651
202403 71.560 107.200 72.695
202406 0.060 108.200 0.060
202409 57.320 108.900 57.320

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


Tsuzuki Denki Co  (TSE:8157) 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.

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

Shiller PE Ratio=Share Price/E10
=2154.00/151.85
=14.19

* 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 Tsuzuki Denki Co was 25.60. The lowest was 10.95. And the median was 15.99.


Be Aware

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


Tsuzuki Denki Co E10 Related Terms

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


Tsuzuki Denki Co Business Description

Traded in Other Exchanges
N/A
Address
Tokyo Art Club Building, 6-19-15 Shinbashi, Minato-ku, Tokyo, JPN, 105-8665
Tsuzuki Denki Co Ltd engages in provision of information network system solution services. Its electronic devices comprise logic ICs, memory ICs, discrete semiconductors, compound semiconductors, relays, connectors, mouse, display panels, circuit boards, communication modules, and other components. The company's information equipment includes hard disks, PC/servers, printers, and other electronic devices; computer supplies, such as toners, ink ribbons, papers, and data media; computer-related products consisting of PC peripherals and network equipment; stationary/office supplies; and office solutions comprising interior design/construction. The company serves customers in the fields of manufacturing, distribution and services, medical and welfare, public and education, and financial.

Tsuzuki Denki Co Headlines

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