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Zero Co (TSE:9028) E10 : 円178.60 (As of Mar. 2024)


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What is Zero 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.

Zero Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円88.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円178.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Zero Co's average E10 Growth Rate was 11.00% per year. During the past 3 years, the average E10 Growth Rate was 13.00% per year. During the past 5 years, the average E10 Growth Rate was 12.40% 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 Zero Co was 13.00% per year. The lowest was 12.50% per year. And the median was 12.60% per year.

As of today (2024-06-13), Zero Co's current stock price is 円1810.00. Zero Co's E10 for the quarter that ended in Mar. 2024 was 円178.60. Zero Co's Shiller PE Ratio of today is 10.13.

During the past 13 years, the highest Shiller PE Ratio of Zero Co was 17.16. The lowest was 6.47. And the median was 8.17.


Zero Co E10 Historical Data

The historical data trend for Zero 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.

Zero Co E10 Chart

Zero Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.38 115.40 133.65 146.02 166.68

Zero Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 160.93 166.68 170.05 172.64 178.60

Competitive Comparison of Zero Co's E10

For the Auto & Truck Dealerships subindustry, Zero 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.


Zero Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zero Co's Shiller PE Ratio distribution charts can be found below:

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



Zero 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, Zero Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=88.62/107.2000*107.2000
=88.620

Current CPI (Mar. 2024) = 107.2000.

Zero Co Quarterly Data

per share eps CPI Adj_EPS
201406 9.280 98.000 10.151
201409 15.080 98.500 16.412
201412 23.600 97.900 25.842
201503 43.280 97.900 47.391
201506 54.570 98.400 59.450
201509 56.260 98.500 61.229
201512 47.930 98.100 52.376
201603 78.880 97.900 86.373
201606 24.130 98.100 26.368
201609 41.330 98.000 45.210
201612 54.400 98.400 59.265
201703 72.320 98.100 79.029
201706 39.270 98.500 42.739
201709 39.690 98.800 43.064
201712 18.840 99.400 20.318
201803 39.790 99.200 42.999
201806 29.830 99.200 32.236
201809 1.380 99.900 1.481
201812 -4.140 99.700 -4.451
201903 56.020 99.700 60.234
201906 46.270 99.800 49.701
201909 48.080 100.100 51.490
201912 32.510 100.500 34.677
202003 55.390 100.300 59.200
202006 5.980 99.900 6.417
202009 65.710 99.900 70.512
202012 40.110 99.300 43.301
202103 67.280 99.900 72.196
202106 42.800 99.500 46.112
202109 23.370 100.100 25.028
202112 25.490 100.100 27.298
202203 64.370 101.100 68.254
202206 37.480 101.800 39.468
202209 47.420 103.100 49.306
202212 37.870 104.100 38.998
202303 61.800 104.400 63.457
202306 55.590 105.200 56.647
202309 42.010 106.200 42.406
202312 45.020 106.800 45.189
202403 88.620 107.200 88.620

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


Zero Co  (TSE:9028) 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.

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

Shiller PE Ratio=Share Price/E10
=1810.00/178.6
=10.13

* 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 Zero Co was 17.16. The lowest was 6.47. And the median was 8.17.


Be Aware

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


Zero Co E10 Related Terms

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


Zero Co (TSE:9028) Business Description

Traded in Other Exchanges
N/A
Address
Solid Square West Tower 6th floor, Kanagawa, JPN
Zero Co Ltd provides transportation services including new and used vehicle transportation, door-to-door transportation of private cars and motorbikes, new and heavy vehicle maintenance, handling and vehicle inspection at the auto auction.

Zero Co (TSE:9028) Headlines

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