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Yamaya (TSE:9994) E10 : 円140.04 (As of Dec. 2023)


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What is Yamaya 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.

Yamaya's adjusted earnings per share data for the three months ended in Dec. 2023 was 円142.784. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円140.04 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Yamaya's average E10 Growth Rate was -100.00% 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 Yamaya was -12.20% per year. The lowest was -14.50% per year. And the median was -12.60% per year.

As of today (2024-05-24), Yamaya's current stock price is 円3085.00. Yamaya's E10 for the quarter that ended in Dec. 2023 was 円140.04. Yamaya's Shiller PE Ratio of today is 22.03.

During the past 13 years, the highest Shiller PE Ratio of Yamaya was 24.06. The lowest was 9.03. And the median was 19.46.


Yamaya E10 Historical Data

The historical data trend for Yamaya'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.

Yamaya E10 Chart

Yamaya 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 189.73 107.12 129.13 128.62 -

Yamaya Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 128.62 131.86 135.33 140.04 -

Competitive Comparison of Yamaya's E10

For the Beverages - Brewers subindustry, Yamaya'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.


Yamaya's Shiller PE Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Yamaya's Shiller PE Ratio distribution charts can be found below:

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



Yamaya 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, Yamaya'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)
=142.784/106.8000*106.8000
=142.784

Current CPI (Dec. 2023) = 106.8000.

Yamaya Quarterly Data

per share eps CPI Adj_EPS
201403 37.813 95.700 42.199
201406 13.730 98.000 14.963
201409 36.010 98.500 39.044
201412 83.097 97.900 90.651
201503 16.030 97.900 17.487
201506 53.930 98.400 58.534
201509 44.590 98.500 48.347
201512 93.890 98.100 102.217
201603 25.455 97.900 27.769
201606 30.900 98.100 33.640
201609 17.155 98.000 18.695
201612 92.950 98.400 100.885
201703 20.567 98.100 22.391
201706 54.630 98.500 59.233
201709 74.614 98.800 80.656
201712 132.320 99.400 142.171
201803 51.370 99.200 55.306
201806 74.430 99.200 80.132
201809 55.650 99.900 59.494
201812 137.970 99.700 147.795
201903 28.590 99.700 30.626
201906 52.520 99.800 56.204
201909 61.330 100.100 65.435
201912 81.970 100.500 87.108
202003 -176.890 100.300 -188.353
202006 -9.960 99.900 -10.648
202009 -3.505 99.900 -3.747
202012 -659.302 99.300 -709.098
202103 -63.300 99.900 -67.672
202106 154.740 99.500 166.093
202109 103.020 100.100 109.915
202112 127.920 100.100 136.482
202203 20.280 101.100 21.423
202206 38.000 101.800 39.866
202209 14.020 103.100 14.523
202212 112.010 104.100 114.915
202303 13.910 104.400 14.230
202306 73.590 105.200 74.709
202309 63.660 106.200 64.020
202312 142.784 106.800 142.784

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


Yamaya  (TSE:9994) 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.

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

Shiller PE Ratio=Share Price/E10
=3085.00/140.04
=22.03

* 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 Yamaya was 24.06. The lowest was 9.03. And the median was 19.46.


Be Aware

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


Yamaya E10 Related Terms

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


Yamaya (TSE:9994) Business Description

Traded in Other Exchanges
Address
4-1, 3-chome, Azalea Hills 19th Floor, Tsutsujigaoka Miyagino, Miyagi Prefecture, Sendai, JPN, 983-0852
Yamaya Corporation is engaged in the retail and wholesale business of alcoholic beverages and food products. The company through its subsidiaries engages in alcohol procurement, shop management, and logistics business.

Yamaya (TSE:9994) Headlines

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