GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Saison Co Ltd (TSE:8253) » Definitions » E10

Creditison Co (TSE:8253) E10 : 円235.97 (As of Mar. 2024)


View and export this data going back to 1963. Start your Free Trial

What is Creditison 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.

Creditison Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円66.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円235.97 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Creditison Co's average E10 Growth Rate was 17.60% per year. During the past 3 years, the average E10 Growth Rate was 12.30% per year. During the past 5 years, the average E10 Growth Rate was 9.90% 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 Creditison Co was 16.30% per year. The lowest was 3.50% per year. And the median was 9.80% per year.

As of today (2024-06-09), Creditison Co's current stock price is 円3339.00. Creditison Co's E10 for the quarter that ended in Mar. 2024 was 円235.97. Creditison Co's Shiller PE Ratio of today is 14.15.

During the past 13 years, the highest Shiller PE Ratio of Creditison Co was 20.05. The lowest was 6.35. And the median was 9.68.


Creditison Co E10 Historical Data

The historical data trend for Creditison 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.

Creditison Co E10 Chart

Creditison Co 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 151.42 166.62 186.02 200.57 235.97

Creditison Co 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 200.57 208.04 221.00 227.28 235.97

Competitive Comparison of Creditison Co's E10

For the Credit Services subindustry, Creditison 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.


Creditison Co's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Creditison Co's Shiller PE Ratio distribution charts can be found below:

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=66.17/107.2000*107.2000
=66.170

Current CPI (Mar. 2024) = 107.2000.

Creditison Co Quarterly Data

per share eps CPI Adj_EPS
201406 57.970 98.000 63.412
201409 42.910 98.500 46.700
201412 40.160 97.900 43.975
201503 -72.270 97.900 -79.135
201506 68.370 98.400 74.484
201509 56.910 98.500 61.937
201512 13.364 98.100 14.604
201603 4.176 97.900 4.573
201606 68.620 98.100 74.985
201609 104.310 98.000 114.102
201612 51.800 98.400 56.433
201703 33.670 98.100 36.793
201706 132.520 98.500 144.225
201709 63.460 98.800 68.855
201712 16.139 99.400 17.405
201803 23.270 99.200 25.147
201806 66.876 99.200 72.269
201809 46.800 99.900 50.220
201812 57.166 99.700 61.466
201903 15.390 99.700 16.548
201906 60.670 99.800 65.169
201909 54.440 100.100 58.301
201912 97.270 100.500 103.755
202003 -69.250 100.300 -74.014
202006 71.870 99.900 77.122
202009 58.500 99.900 62.775
202012 83.170 99.300 89.787
202103 17.480 99.900 18.757
202106 71.880 99.500 77.443
202109 65.970 100.100 70.649
202112 92.070 100.100 98.600
202203 -3.800 101.100 -4.029
202206 96.950 101.800 102.093
202209 78.690 103.100 81.819
202212 113.500 104.100 116.880
202303 -10.680 104.400 -10.966
202306 108.390 105.200 110.451
202309 167.440 106.200 169.017
202312 110.490 106.800 110.904
202403 66.170 107.200 66.170

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


Creditison Co  (TSE:8253) 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.

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

Shiller PE Ratio=Share Price/E10
=3339.00/235.97
=14.15

* 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 Creditison Co was 20.05. The lowest was 6.35. And the median was 9.68.


Be Aware

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


Creditison Co E10 Related Terms

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


Creditison Co (TSE:8253) Business Description

Traded in Other Exchanges
Address
1-1 Higashi-Ikebukuro 3-chome, 52nd Floor, Sunshine 60 Building, Toshima-ku, Tokyo, JPN, 170-6073
Credit Saison Co Ltd is a consumer finance company operating primarily in Japan. Saison operates in five reportable business segments: credit services, leasing, finance, real estate, and entertainment. Of these, credit services make up the vast majority of revenue. The company is one of Japan's leading card companies. The company issues Visa, MasterCard, American Express, and affinity cards carrying the Saison brand to a multitude of cardholders. Saison also provides insurance and asset management. The company is affiliated with the Mizuho Financial Group.

Creditison Co (TSE:8253) Headlines

No Headlines