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eREX Co (TSE:9517) E10 : 円40.96 (As of Sep. 2024)


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What is eREX 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.

eREX Co's adjusted earnings per share data for the three months ended in Sep. 2024 was 円-1.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円40.96 for the trailing ten years ended in Sep. 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 (2025-04-01), eREX Co's current stock price is 円795.00. eREX Co's E10 for the quarter that ended in Sep. 2024 was 円40.96. eREX Co's Shiller PE Ratio of today is 19.41.

During the past 11 years, the highest Shiller PE Ratio of eREX Co was 20.27. The lowest was 13.72. And the median was 16.26.


eREX Co E10 Historical Data

The historical data trend for eREX 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.

eREX Co E10 Chart

eREX Co 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 - - - - 43.84

eREX Co 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 - 43.84 47.37 40.96 -

Competitive Comparison of eREX Co's E10

For the Utilities - Renewable subindustry, eREX 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.


eREX Co's Shiller PE Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, eREX Co's Shiller PE Ratio distribution charts can be found below:

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


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eREX 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, eREX Co'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)
=-1.71/108.9000*108.9000
=-1.710

Current CPI (Sep. 2024) = 108.9000.

eREX Co Quarterly Data

per share eps CPI Adj_EPS
201412 2.150 97.900 2.392
201503 8.810 97.900 9.800
201506 2.393 98.400 2.648
201509 4.830 98.500 5.340
201512 8.643 98.100 9.595
201603 10.133 97.900 11.272
201606 9.850 98.100 10.934
201609 10.160 98.000 11.290
201612 4.770 98.400 5.279
201703 12.850 98.100 14.265
201706 14.880 98.500 16.451
201709 12.660 98.800 13.954
201712 9.740 99.400 10.671
201803 22.410 99.200 24.601
201806 14.100 99.200 15.479
201809 3.870 99.900 4.219
201812 12.930 99.700 14.123
201903 23.360 99.700 25.516
201906 25.460 99.800 27.782
201909 34.500 100.100 37.533
201912 11.160 100.500 12.093
202003 17.340 100.300 18.827
202006 10.040 99.900 10.945
202009 42.310 99.900 46.122
202012 22.740 99.300 24.938
202103 40.780 99.900 44.454
202106 14.090 99.500 15.421
202109 58.970 100.100 64.154
202112 60.570 100.100 65.895
202203 29.420 101.100 31.690
202206 28.290 101.800 30.263
202209 48.030 103.100 50.732
202212 23.280 104.100 24.353
202303 54.430 104.400 56.776
202306 -64.110 105.200 -66.365
202309 -115.320 106.200 -118.252
202312 -88.530 106.800 -90.271
202403 -107.330 107.200 -109.032
202406 25.220 108.200 25.383
202409 -1.710 108.900 -1.710

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


eREX Co  (TSE:9517) 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.

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

Shiller PE Ratio=Share Price/E10
=795.00/40.96
=19.41

* 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 11 years, the highest Shiller P/E Ratio of eREX Co was 20.27. The lowest was 13.72. And the median was 16.26.


Be Aware

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


eREX Co E10 Related Terms

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


eREX Co Business Description

Traded in Other Exchanges
N/A
Address
2-2-1 Kyobashi, 14th Floor, Kyobashi Edglan, Chuo-ku, Tokyo, JPN, 104-0031
eREX Co Ltd is a holding company that engages in the electrical power business. Its services include retail sales of power, power market transactions, and power development. In its electric power retail business, it involves in the retail of electric power at an inexpensive price than electric utilities. In its power supplies development business, it involves the planning, design, and construction of power-generating equipment.

eREX Co Headlines

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