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Belc Co (TSE:9974) E10 : 円405.55 (As of Aug. 2024)


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What is Belc 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.

Belc Co's adjusted earnings per share data for the three months ended in Aug. 2024 was 円170.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円405.55 for the trailing ten years ended in Aug. 2024.

During the past 12 months, Belc Co's average E10 Growth Rate was 9.70% per year. During the past 3 years, the average E10 Growth Rate was 11.70% per year. During the past 5 years, the average E10 Growth Rate was 11.40% 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 Belc Co was 11.70% per year. The lowest was 10.90% per year. And the median was 11.60% per year.

As of today (2025-03-23), Belc Co's current stock price is 円6880.00. Belc Co's E10 for the quarter that ended in Aug. 2024 was 円405.55. Belc Co's Shiller PE Ratio of today is 16.96.

During the past 13 years, the highest Shiller PE Ratio of Belc Co was 30.43. The lowest was 14.82. And the median was 19.37.


Belc Co E10 Historical Data

The historical data trend for Belc 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.

Belc Co E10 Chart

Belc Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 246.20 273.75 303.29 341.77 381.42

Belc Co Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 380.20 381.42 392.07 405.55 -

Competitive Comparison of Belc Co's E10

For the Grocery Stores subindustry, Belc 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.


Belc Co's Shiller PE Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Belc Co's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Aug. 2024 (Change)*Current CPI (Aug. 2024)
=170.68/109.1000*109.1000
=170.680

Current CPI (Aug. 2024) = 109.1000.

Belc Co Quarterly Data

per share eps CPI Adj_EPS
201411 40.680 97.900 45.334
201502 52.340 97.600 58.507
201505 59.940 98.700 66.256
201508 65.120 98.400 72.201
201511 62.155 98.100 69.124
201602 64.010 97.800 71.406
201605 66.250 98.200 73.604
201608 87.458 97.900 97.463
201611 61.320 98.600 67.850
201702 82.610 98.100 91.873
201705 76.990 98.600 85.189
201708 94.839 98.500 105.045
201711 66.120 99.100 72.792
201802 90.909 99.500 99.680
201805 73.060 99.300 80.270
201808 98.990 99.800 108.215
201811 52.955 100.000 57.774
201902 89.890 99.700 98.365
201905 68.010 100.000 74.199
201908 100.925 100.000 110.109
201911 76.240 100.500 82.764
202002 104.470 100.300 113.636
202005 123.180 100.100 134.255
202008 153.641 100.100 167.455
202011 57.268 99.500 62.793
202102 88.980 99.800 97.272
202105 115.070 99.400 126.299
202108 136.438 99.700 149.302
202111 92.940 100.100 101.296
202202 95.799 100.700 103.790
202205 99.590 101.800 106.732
202208 134.043 102.700 142.396
202211 91.486 103.900 96.065
202302 135.624 104.000 142.275
202305 144.120 105.100 149.605
202308 184.602 105.900 190.180
202311 116.622 106.900 119.022
202402 66.538 106.900 67.907
202405 125.350 108.100 126.510
202408 170.680 109.100 170.680

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


Belc Co  (TSE:9974) 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.

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

Shiller PE Ratio=Share Price/E10
=6880.00/405.55
=16.96

* 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 Belc Co was 30.43. The lowest was 14.82. And the median was 19.37.


Be Aware

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


Belc Co E10 Related Terms

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


Belc Co Business Description

Traded in Other Exchanges
N/A
Address
5456 Yodo Yorii-machi, Osato-gun, Saitama, JPN, 369-1298
Belc Co Ltd manages a chain of food supermarkets in Japan. The company is headquartered in Japan and earns the entirety of its revenue domestically. The company has a chain of retail stores in the Tokyo metropolitan area and is focused on the Saitama prefecture. Through its subsidiaries, Belc Co. Ltd is involved with the production and distribution of food items and ready-made meals to its self-run stores. Its products include perishable goods, grocery items, sundry items, daily necessities and processed food. Belc Co. Ltd also provides services to its stores including chain management and cleaning.

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