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HS Holdings Co (TSE:8699) E10 : 円170.14 (As of Dec. 2023)


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What is HS Holdings 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.

HS Holdings Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円77.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円170.14 for the trailing ten years ended in Dec. 2023.

During the past 12 months, HS Holdings Co's average E10 Growth Rate was 4.80% per year. During the past 3 years, the average E10 Growth Rate was 10.00% per year. During the past 5 years, the average E10 Growth Rate was 10.50% 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 HS Holdings Co was 10.00% per year. The lowest was 7.20% per year. And the median was 8.20% per year.

As of today (2024-06-17), HS Holdings Co's current stock price is 円932.00. HS Holdings Co's E10 for the quarter that ended in Dec. 2023 was 円170.14. HS Holdings Co's Shiller PE Ratio of today is 5.48.

During the past 13 years, the highest Shiller PE Ratio of HS Holdings Co was 12.19. The lowest was 5.51. And the median was 7.91.


HS Holdings Co E10 Historical Data

The historical data trend for HS Holdings 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.

HS Holdings Co E10 Chart

HS Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.55 119.64 112.42 126.40 159.13

HS Holdings Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 162.28 159.13 160.84 166.29 170.14

Competitive Comparison of HS Holdings Co's E10

For the Capital Markets subindustry, HS Holdings 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.


HS Holdings Co's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, HS Holdings Co's Shiller PE Ratio distribution charts can be found below:

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



HS Holdings 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, HS Holdings Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=77.25/106.8000*106.8000
=77.250

Current CPI (Dec. 2023) = 106.8000.

HS Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201403 17.800 95.700 19.865
201406 23.840 98.000 25.981
201409 36.100 98.500 39.142
201412 58.830 97.900 64.178
201503 44.220 97.900 48.240
201506 49.640 98.400 53.878
201509 41.152 98.500 44.620
201512 49.267 98.100 53.636
201603 27.586 97.900 30.094
201606 31.650 98.100 34.457
201609 27.930 98.000 30.438
201612 44.230 98.400 48.006
201703 37.296 98.100 40.604
201706 26.130 98.500 28.332
201709 29.920 98.800 32.343
201712 31.610 99.400 33.963
201803 18.767 99.200 20.205
201806 33.050 99.200 35.582
201809 46.009 99.900 49.187
201812 36.575 99.700 39.180
201903 34.683 99.700 37.153
201906 46.510 99.800 49.772
201909 67.440 100.100 71.954
201912 41.166 100.500 43.747
202003 26.610 100.300 28.334
202006 10.840 99.900 11.589
202009 30.110 99.900 32.190
202012 34.129 99.300 36.707
202103 -151.150 99.900 -161.590
202106 35.060 99.500 37.632
202109 68.810 100.100 73.416
202112 -5.130 100.100 -5.473
202203 70.790 101.100 74.781
202206 103.460 101.800 108.542
202209 192.518 103.100 199.427
202212 64.060 104.100 65.721
202303 3.872 104.400 3.961
202306 62.940 105.200 63.897
202309 80.050 106.200 80.502
202312 77.250 106.800 77.250

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


HS Holdings Co  (TSE:8699) 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.

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

Shiller PE Ratio=Share Price/E10
=932.00/170.14
=5.48

* 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 HS Holdings Co was 12.19. The lowest was 5.51. And the median was 7.91.


Be Aware

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


HS Holdings Co E10 Related Terms

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


HS Holdings Co (TSE:8699) Business Description

Traded in Other Exchanges
N/A
Address
Nishi 6-chome, No. 8 No. 1 Sumitomo Fudosan Shinjuku Oak Tower, 27th floor, Shinjuku-ku, Yubinbango, Tokyo, JPN, 163-6027
HS Holdings Co Ltd is engaged in management and investment services. It also provides merger and acquisition brokerage or consulting services.

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