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Solekia (TSE:9867) E10 : 円539.66 (As of Dec. 2023)


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What is Solekia 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.

Solekia's adjusted earnings per share data for the three months ended in Dec. 2023 was 円217.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円539.66 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Solekia's average E10 Growth Rate was 23.80% per year. During the past 3 years, the average E10 Growth Rate was 27.00% per year. During the past 5 years, the average E10 Growth Rate was 29.80% 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 Solekia was 37.90% per year. The lowest was 27.00% per year. And the median was 30.00% per year.

As of today (2024-06-19), Solekia's current stock price is 円6720.00. Solekia's E10 for the quarter that ended in Dec. 2023 was 円539.66. Solekia's Shiller PE Ratio of today is 12.45.

During the past 13 years, the highest Shiller PE Ratio of Solekia was 90.53. The lowest was 10.12. And the median was 19.48.


Solekia E10 Historical Data

The historical data trend for Solekia'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.

Solekia E10 Chart

Solekia 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 153.17 230.08 316.51 401.85 470.87

Solekia 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 435.83 470.87 484.87 505.96 539.66

Competitive Comparison of Solekia's E10

For the Electronic Components subindustry, Solekia'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.


Solekia's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Solekia's Shiller PE Ratio distribution charts can be found below:

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



Solekia 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, Solekia'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)
=217.26/106.8000*106.8000
=217.260

Current CPI (Dec. 2023) = 106.8000.

Solekia Quarterly Data

per share eps CPI Adj_EPS
201403 338.100 95.700 377.315
201406 -114.500 98.000 -124.782
201409 147.400 98.500 159.821
201412 -138.100 97.900 -150.655
201503 322.870 97.900 352.222
201506 -182.760 98.400 -198.361
201509 140.536 98.500 152.378
201512 -163.920 98.100 -178.457
201603 -22.180 97.900 -24.196
201606 -223.650 98.100 -243.484
201609 178.750 98.000 194.801
201612 -138.420 98.400 -150.236
201703 346.170 98.100 376.870
201706 11.610 98.500 12.588
201709 183.371 98.800 198.219
201712 -56.420 99.400 -60.620
201803 331.800 99.200 357.220
201806 -142.780 99.200 -153.719
201809 257.334 99.900 275.108
201812 21.447 99.700 22.974
201903 410.046 99.700 439.247
201906 -64.720 99.800 -69.259
201909 455.031 100.100 485.488
201912 114.360 100.500 121.529
202003 262.778 100.300 279.807
202006 81.210 99.900 86.819
202009 163.680 99.900 174.985
202012 -26.990 99.300 -29.029
202103 711.007 99.900 760.116
202106 -70.840 99.500 -76.037
202109 277.380 100.100 295.946
202112 -111.952 100.100 -119.445
202203 442.660 101.100 467.617
202206 -94.460 101.800 -99.099
202209 206.990 103.100 214.418
202212 33.318 104.100 34.182
202303 663.429 104.400 678.680
202306 -14.010 105.200 -14.223
202309 350.580 106.200 352.561
202312 217.260 106.800 217.260

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


Solekia  (TSE:9867) 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.

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

Shiller PE Ratio=Share Price/E10
=6720.00/539.66
=12.45

* 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 Solekia was 90.53. The lowest was 10.12. And the median was 19.48.


Be Aware

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


Solekia E10 Related Terms

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


Solekia (TSE:9867) Business Description

Traded in Other Exchanges
N/A
Address
8-16-6 Nishikamata, Ota-ku, Tokyo, JPN, 144-8626
Solekia Ltd provides technological solutions in specific business fields. Its products include electronic devices, semiconductor components, devices, and solutions; information and communication technology solutions such as system integration, managed services, and field services.

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