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Altech Co (TSE:9972) E10 : 円8.59 (As of Feb. 2024)


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What is Altech 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.

Altech Co's adjusted earnings per share data for the three months ended in Feb. 2024 was 円-3.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円8.59 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Altech Co's average E10 Growth Rate was -43.80% per year. During the past 3 years, the average E10 Growth Rate was -3.00% per year. During the past 5 years, the average E10 Growth Rate was 25.40% 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 Altech Co was 56.00% per year. The lowest was -3.00% per year. And the median was 37.40% per year.

As of today (2024-05-25), Altech Co's current stock price is 円284.00. Altech Co's E10 for the quarter that ended in Feb. 2024 was 円8.59. Altech Co's Shiller PE Ratio of today is 33.06.

During the past 13 years, the highest Shiller PE Ratio of Altech Co was 87.55. The lowest was 14.10. And the median was 27.09.


Altech Co E10 Historical Data

The historical data trend for Altech 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.

Altech Co E10 Chart

Altech Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.42 10.07 13.47 16.66 9.19

Altech Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 15.29 15.98 16.32 9.19 8.59

Competitive Comparison of Altech Co's E10

For the Specialty Industrial Machinery subindustry, Altech 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.


Altech Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Altech Co's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-3.12/106.9000*106.9000
=-3.120

Current CPI (Feb. 2024) = 106.9000.

Altech Co Quarterly Data

per share eps CPI Adj_EPS
201405 -5.400 98.100 -5.884
201408 1.960 98.300 2.131
201411 8.720 97.900 9.522
201502 -14.590 97.600 -15.980
201505 9.289 98.700 10.061
201508 -6.381 98.400 -6.932
201511 -46.553 98.100 -50.729
201602 -11.520 97.800 -12.592
201605 -2.360 98.200 -2.569
201608 -7.430 97.900 -8.113
201611 25.100 98.600 27.213
201702 -4.630 98.100 -5.045
201705 11.049 98.600 11.979
201708 7.020 98.500 7.619
201711 24.713 99.100 26.658
201802 2.970 99.500 3.191
201805 13.088 99.300 14.090
201808 -1.525 99.800 -1.633
201811 19.480 100.000 20.824
201902 -7.840 99.700 -8.406
201905 18.160 100.000 19.413
201908 2.111 100.000 2.257
201911 17.670 100.500 18.795
202002 -4.270 100.300 -4.551
202005 16.180 100.100 17.279
202008 9.390 100.100 10.028
202011 16.260 99.500 17.469
202102 7.080 99.800 7.584
202105 11.640 99.400 12.518
202108 7.770 99.700 8.331
202111 9.470 100.100 10.113
202202 1.640 100.700 1.741
202205 18.430 101.800 19.353
202208 7.530 102.700 7.838
202211 0.274 103.900 0.282
202302 -6.330 104.000 -6.507
202305 -2.641 105.100 -2.686
202308 3.560 105.900 3.594
202311 -69.200 106.900 -69.200
202402 -3.120 106.900 -3.120

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


Altech Co  (TSE:9972) 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.

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

Shiller PE Ratio=Share Price/E10
=284.00/8.59
=33.06

* 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 Altech Co was 87.55. The lowest was 14.10. And the median was 27.09.


Be Aware

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


Altech Co E10 Related Terms

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


Altech Co (TSE:9972) Business Description

Traded in Other Exchanges
N/A
Address
Sumitomo Irifune Bldg, 2nd Floor, 1-1 Irifune 2-chome, Chuo-ku, Tokyo, JPN, 104-0042
Altech Co Ltd is engaged in purchase and sale of industrial machinery and equipments and related services, manufacture and sale of plastic molded products.The company has two reported segments Wholesale business and Preform business. Wholesale business purchases and sells industrial machinery and equipments and provides related services. Preform business manufactures and sells performs for PET bottles, plastic caps and provides related services.

Altech Co (TSE:9972) Headlines

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