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Orient (TSE:8585) E10 : 円128.93 (As of Sep. 2024)


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What is Orient 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.

Orient's adjusted earnings per share data for the three months ended in Sep. 2024 was 円4.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円128.93 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Orient's average E10 Growth Rate was -10.30% per year. During the past 3 years, the average E10 Growth Rate was 2.50% per year. During the past 5 years, the average E10 Growth Rate was 3.00% 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 Orient was 7.30% per year. The lowest was -1.00% per year. And the median was 2.30% per year.

As of today (2025-04-04), Orient's current stock price is 円719.00. Orient's E10 for the quarter that ended in Sep. 2024 was 円128.93. Orient's Shiller PE Ratio of today is 5.58.

During the past 13 years, the highest Shiller PE Ratio of Orient was 15.49. The lowest was 6.20. And the median was 9.70.


Orient E10 Historical Data

The historical data trend for Orient'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.

Orient E10 Chart

Orient 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 120.64 125.00 134.01 149.21 134.61

Orient 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 133.69 134.61 132.02 128.93 -

Competitive Comparison of Orient's E10

For the Credit Services subindustry, Orient'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.


Orient's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Orient's Shiller PE Ratio distribution charts can be found below:

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


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Orient 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, Orient'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)
=4.02/108.9000*108.9000
=4.020

Current CPI (Sep. 2024) = 108.9000.

Orient Quarterly Data

per share eps CPI Adj_EPS
201412 47.000 97.900 52.281
201503 33.000 97.900 36.708
201506 26.700 98.400 29.549
201509 34.122 98.500 37.725
201512 40.500 98.100 44.959
201603 38.900 97.900 43.271
201606 36.300 98.100 40.296
201609 43.000 98.000 47.783
201612 51.600 98.400 57.106
201703 23.400 98.100 25.976
201706 7.000 98.500 7.739
201709 50.100 98.800 55.222
201712 23.300 99.400 25.527
201803 52.400 99.200 57.524
201806 19.100 99.200 20.968
201809 93.600 99.900 102.032
201812 9.200 99.700 10.049
201903 29.900 99.700 32.659
201906 25.600 99.800 27.934
201909 47.500 100.100 51.676
201912 18.200 100.500 19.721
202003 17.100 100.300 18.566
202006 28.200 99.900 30.741
202009 33.600 99.900 36.627
202012 24.600 99.300 26.978
202103 19.000 99.900 20.712
202106 42.600 99.500 46.625
202109 29.090 100.100 31.647
202112 25.950 100.100 28.231
202203 7.890 101.100 8.499
202206 16.890 101.800 18.068
202209 45.540 103.100 48.102
202212 9.700 104.100 10.147
202303 38.780 104.400 40.452
202306 21.450 105.200 22.204
202309 37.590 106.200 38.546
202312 8.420 106.800 8.586
202403 5.830 107.200 5.922
202406 17.820 108.200 17.935
202409 4.020 108.900 4.020

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


Orient  (TSE:8585) 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.

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

Shiller PE Ratio=Share Price/E10
=719.00/128.93
=5.58

* 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 Orient was 15.49. The lowest was 6.20. And the median was 9.70.


Be Aware

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


Orient E10 Related Terms

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


Orient Business Description

Traded in Other Exchanges
N/A
Address
1 at 2-chome, Tokyo, JPN
Orient Corp or Orico is a consumer finance company. The company provides installment credit services, credit cards and direct cash loan services, and bank loan guarantee services through a network of branches and member merchants spread throughout Japan. The company's strategy focuses on growing its installment credit business and forming joint ventures outside of Japan. The company's largest sources of revenue include both auto loans and bank loan guarantees. Its largest portion of earning assets is guaranteed loan receivables.

Orient Headlines

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