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Kadokawa (TSE:9468) E10 : 円49.00 (As of Dec. 2024)


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What is Kadokawa 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.

Kadokawa's adjusted earnings per share data for the three months ended in Dec. 2024 was 円31.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円49.00 for the trailing ten years ended in Dec. 2024.

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.

As of today (2025-03-24), Kadokawa's current stock price is 円3619.00. Kadokawa's E10 for the quarter that ended in Dec. 2024 was 円49.00. Kadokawa's Shiller PE Ratio of today is 73.86.

During the past 10 years, the highest Shiller PE Ratio of Kadokawa was 75.04. The lowest was 43.58. And the median was 65.24.


Kadokawa E10 Historical Data

The historical data trend for Kadokawa'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.

Kadokawa E10 Chart

Kadokawa 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 - - - - -

Kadokawa 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 - - - 65.73 49.00

Competitive Comparison of Kadokawa's E10

For the Publishing subindustry, Kadokawa'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.


Kadokawa's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kadokawa's Shiller PE Ratio distribution charts can be found below:

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



Kadokawa 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, Kadokawa's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=31.39/110.7000*110.7000
=31.390

Current CPI (Dec. 2024) = 110.7000.

Kadokawa Quarterly Data

per share eps CPI Adj_EPS
201503 -86.930 97.900 -98.296
201506 -1.555 98.400 -1.749
201509 15.072 98.500 16.939
201512 24.084 98.100 27.177
201603 11.218 97.900 12.685
201606 7.815 98.100 8.819
201609 14.455 98.000 16.328
201612 18.910 98.400 21.274
201703 1.335 98.100 1.506
201706 -0.170 98.500 -0.191
201709 13.075 98.800 14.650
201712 -0.335 99.400 -0.373
201803 -5.072 99.200 -5.660
201806 2.820 99.200 3.147
201809 13.590 99.900 15.059
201812 -33.922 99.700 -37.665
201903 -15.145 99.700 -16.816
201906 20.580 99.800 22.828
201909 28.645 100.100 31.678
201912 13.671 100.500 15.059
202003 1.755 100.300 1.937
202006 19.950 99.900 22.107
202009 22.335 99.900 24.750
202012 30.695 99.300 34.219
202103 4.440 99.900 4.920
202106 31.210 99.500 34.723
202109 23.950 100.100 26.486
202112 18.010 100.100 19.917
202203 32.373 101.100 35.447
202206 54.840 101.800 59.634
202209 20.770 103.100 22.301
202212 11.590 104.100 12.325
202303 3.690 104.400 3.913
202306 27.580 105.200 29.022
202309 2.220 106.200 2.314
202312 16.230 106.800 16.823
202403 37.370 107.200 38.590
202406 25.480 108.200 26.069
202409 -3.270 108.900 -3.324
202412 31.390 110.700 31.390

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


Kadokawa  (TSE:9468) 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.

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

Shiller PE Ratio=Share Price/E10
=3619.00/49.00
=73.86

* 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 10 years, the highest Shiller P/E Ratio of Kadokawa was 75.04. The lowest was 43.58. And the median was 65.24.


Be Aware

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


Kadokawa E10 Related Terms

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


Kadokawa Business Description

Traded in Other Exchanges
Address
2-13-3 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-8177
Kadokawa Corp is a Japan based publisher and digital content platform provider. It is involved in various businesses such as publishing, film, publishing rights, digital contents, planning, development and operation of network entertainment service, and contents and operation of video- sharing website.

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