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Mirarth Holdings (TSE:8897) E10 : 円59.59 (As of Sep. 2024)


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What is Mirarth Holdings 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.

Mirarth Holdings's adjusted earnings per share data for the three months ended in Sep. 2024 was 円11.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円59.59 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Mirarth Holdings's average E10 Growth Rate was 8.80% per year. During the past 3 years, the average E10 Growth Rate was 5.50% per year. During the past 5 years, the average E10 Growth Rate was 3.90% 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 Mirarth Holdings was 83.10% per year. The lowest was 3.20% per year. And the median was 5.50% per year.

As of today (2025-03-24), Mirarth Holdings's current stock price is 円518.00. Mirarth Holdings's E10 for the quarter that ended in Sep. 2024 was 円59.59. Mirarth Holdings's Shiller PE Ratio of today is 8.69.

During the past 13 years, the highest Shiller PE Ratio of Mirarth Holdings was 69.06. The lowest was 5.48. And the median was 8.38.


Mirarth Holdings E10 Historical Data

The historical data trend for Mirarth Holdings'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.

Mirarth Holdings E10 Chart

Mirarth Holdings 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 48.83 48.73 51.87 54.01 57.21

Mirarth Holdings 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 52.02 57.21 58.64 59.59 -

Competitive Comparison of Mirarth Holdings's E10

For the Real Estate - Development subindustry, Mirarth Holdings'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.


Mirarth Holdings's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mirarth Holdings's Shiller PE Ratio distribution charts can be found below:

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



Mirarth Holdings 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, Mirarth Holdings'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)
=11.3/108.9000*108.9000
=11.300

Current CPI (Sep. 2024) = 108.9000.

Mirarth Holdings Quarterly Data

per share eps CPI Adj_EPS
201412 15.060 97.900 16.752
201503 34.050 97.900 37.876
201506 -3.690 98.400 -4.084
201509 11.528 98.500 12.745
201512 -6.170 98.100 -6.849
201603 37.100 97.900 41.269
201606 16.210 98.100 17.995
201609 -2.120 98.000 -2.356
201612 2.690 98.400 2.977
201703 39.060 98.100 43.360
201706 22.210 98.500 24.555
201709 -7.280 98.800 -8.024
201712 -6.420 99.400 -7.034
201803 59.230 99.200 65.022
201806 3.470 99.200 3.809
201809 7.640 99.900 8.328
201812 -0.180 99.700 -0.197
201903 48.070 99.700 52.506
201906 -14.350 99.800 -15.658
201909 35.199 100.100 38.293
201912 14.610 100.500 15.831
202003 13.790 100.300 14.972
202006 -2.740 99.900 -2.987
202009 10.967 99.900 11.955
202012 20.520 99.300 22.504
202103 14.240 99.900 15.523
202106 -9.940 99.500 -10.879
202109 7.850 100.100 8.540
202112 30.602 100.100 33.292
202203 28.320 101.100 30.505
202206 1.880 101.800 2.011
202209 24.280 103.100 25.646
202212 -9.830 104.100 -10.283
202303 25.190 104.400 26.276
202306 -1.990 105.200 -2.060
202309 2.778 106.200 2.849
202312 -14.090 106.800 -14.367
202403 87.550 107.200 88.938
202406 5.030 108.200 5.063
202409 11.300 108.900 11.300

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


Mirarth Holdings  (TSE:8897) 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.

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

Shiller PE Ratio=Share Price/E10
=518.00/59.59
=8.69

* 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 Mirarth Holdings was 69.06. The lowest was 5.48. And the median was 8.38.


Be Aware

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


Mirarth Holdings E10 Related Terms

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


Mirarth Holdings Business Description

Traded in Other Exchanges
N/A
Address
1-8-2, Marunouchi, Tekko Building 16th Floor, Chiyoda-ku, Tokyo, JPN, 100-0005
Mirarth Holdings Inc operates in Real Estate Business, Energy Business, Asset Management Business, and Other Businesses.

Mirarth Holdings Headlines

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