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Mitsubishi (WBO:MITT) E10 : €0.89 (As of Sep. 2024)


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What is Mitsubishi 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.

Mitsubishi's adjusted earnings per share data for the three months ended in Sep. 2024 was €0.413. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.89 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Mitsubishi's average E10 Growth Rate was 17.20% per year. During the past 3 years, the average E10 Growth Rate was 19.30% 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 Mitsubishi was 19.30% per year. The lowest was 19.30% per year. And the median was 19.30% per year.

As of today (2024-12-12), Mitsubishi's current stock price is €16.168. Mitsubishi's E10 for the quarter that ended in Sep. 2024 was €0.89. Mitsubishi's Shiller PE Ratio of today is 18.17.

During the past 13 years, the highest Shiller PE Ratio of Mitsubishi was 54.73. The lowest was 8.97. And the median was 15.35.


Mitsubishi E10 Historical Data

The historical data trend for Mitsubishi'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.

Mitsubishi E10 Chart

Mitsubishi 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 - - 0.67 0.79 0.80

Mitsubishi Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.77 0.81 0.80 0.80 0.89

Competitive Comparison of Mitsubishi's E10

For the Conglomerates subindustry, Mitsubishi'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.


Mitsubishi's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitsubishi's Shiller PE Ratio distribution charts can be found below:

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



Mitsubishi 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, Mitsubishi'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)
=0.413/108.9000*108.9000
=0.413

Current CPI (Sep. 2024) = 108.9000.

Mitsubishi Quarterly Data

per share eps CPI Adj_EPS
201412 0.085 97.900 0.095
201503 0.134 97.900 0.149
201506 0.111 98.400 0.123
201509 0.124 98.500 0.137
201512 0.135 98.100 0.150
201603 -0.646 97.900 -0.719
201606 0.179 98.100 0.199
201609 0.145 98.000 0.161
201612 0.329 98.400 0.364
201703 0.119 98.100 0.132
201706 0.198 98.500 0.219
201709 0.216 98.800 0.238
201712 0.254 99.400 0.278
201803 0.231 99.200 0.254
201806 0.334 99.200 0.367
201809 0.168 99.900 0.183
201812 0.218 99.700 0.238
201903 0.248 99.700 0.271
201906 0.278 99.800 0.303
201909 0.147 100.100 0.160
201912 0.237 100.500 0.257
202003 0.300 100.300 0.326
202006 0.068 99.900 0.074
202009 0.091 99.900 0.099
202012 0.147 99.300 0.161
202103 0.006 99.900 0.007
202106 0.318 99.500 0.348
202109 0.300 100.100 0.326
202112 0.497 100.100 0.541
202203 0.486 101.100 0.523
202206 0.849 101.800 0.908
202209 0.298 103.100 0.315
202212 0.376 104.100 0.393
202303 0.362 104.400 0.378
202306 0.484 105.200 0.501
202309 0.222 106.200 0.228
202312 0.351 106.800 0.358
202403 0.354 107.200 0.360
202406 0.509 108.200 0.512
202409 0.413 108.900 0.413

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


Mitsubishi  (WBO:MITT) 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.

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

Shiller PE Ratio=Share Price/E10
=16.168/0.89
=18.17

* 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 Mitsubishi was 54.73. The lowest was 8.97. And the median was 15.35.


Be Aware

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


Mitsubishi E10 Related Terms

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


Mitsubishi Business Description

Address
Mitsubishi Shoji Building 3-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8086
Mitsubishi Corp is a conglomerate that operates businesses in various industries. Its operating segments include Natural Gas, Industrial materials, Petroleum & chemicals, Mineral resource, Industrial Infrastructure, Automotive, Food & Consumer Industry, Power Solution, and Urban Development.