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Inoue Rubber (Thailand) PCL (BKK:IRC) E10 : ฿1.89 (As of Mar. 2024)


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What is Inoue Rubber (Thailand) PCL 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.

Inoue Rubber (Thailand) PCL's adjusted earnings per share data for the three months ended in Mar. 2024 was ฿0.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿1.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Inoue Rubber (Thailand) PCL's average E10 Growth Rate was -2.10% per year. During the past 3 years, the average E10 Growth Rate was 4.00% per year. During the past 5 years, the average E10 Growth Rate was 2.50% 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 Inoue Rubber (Thailand) PCL was 188.40% per year. The lowest was 1.70% per year. And the median was 4.50% per year.

As of today (2024-06-02), Inoue Rubber (Thailand) PCL's current stock price is ฿13.70. Inoue Rubber (Thailand) PCL's E10 for the quarter that ended in Mar. 2024 was ฿1.89. Inoue Rubber (Thailand) PCL's Shiller PE Ratio of today is 7.25.

During the past 13 years, the highest Shiller PE Ratio of Inoue Rubber (Thailand) PCL was 340.00. The lowest was 5.82. And the median was 8.71.


Inoue Rubber (Thailand) PCL E10 Historical Data

The historical data trend for Inoue Rubber (Thailand) PCL'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.

Inoue Rubber (Thailand) PCL E10 Chart

Inoue Rubber (Thailand) PCL Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.68 1.86 2.00 1.89

Inoue Rubber (Thailand) PCL 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 1.93 1.92 1.89 1.85 1.89

Competitive Comparison of Inoue Rubber (Thailand) PCL's E10

For the Auto Parts subindustry, Inoue Rubber (Thailand) PCL'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.


Inoue Rubber (Thailand) PCL's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Inoue Rubber (Thailand) PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Inoue Rubber (Thailand) PCL's Shiller PE Ratio falls into.



Inoue Rubber (Thailand) PCL 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, Inoue Rubber (Thailand) PCL'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)
=0.47/131.7762*131.7762
=0.470

Current CPI (Mar. 2024) = 131.7762.

Inoue Rubber (Thailand) PCL Quarterly Data

per share eps CPI Adj_EPS
201406 0.360 100.560 0.472
201409 0.410 100.428 0.538
201412 0.450 99.070 0.599
201503 0.690 99.621 0.913
201506 0.490 100.684 0.641
201509 0.573 100.392 0.752
201512 0.520 99.792 0.687
201603 0.720 100.470 0.944
201606 0.650 101.688 0.842
201609 0.670 101.861 0.867
201612 0.770 101.863 0.996
201703 0.510 102.862 0.653
201706 0.320 103.349 0.408
201709 0.520 104.136 0.658
201712 0.520 104.011 0.659
201803 0.530 105.290 0.663
201806 0.390 106.317 0.483
201809 0.358 106.507 0.443
201812 0.350 105.998 0.435
201903 0.250 107.251 0.307
201906 -0.002 108.070 -0.002
201909 0.225 108.329 0.274
201912 0.300 108.420 0.365
202003 0.500 108.902 0.605
202006 -0.110 108.767 -0.133
202009 0.420 109.815 0.504
202012 0.630 109.897 0.755
202103 0.690 111.754 0.814
202106 0.300 114.631 0.345
202109 0.150 115.734 0.171
202112 0.140 117.630 0.157
202203 0.330 121.301 0.358
202206 -0.070 125.017 -0.074
202209 0.160 125.227 0.168
202212 0.080 125.222 0.084
202303 0.317 127.348 0.328
202306 0.150 128.729 0.154
202309 0.278 129.860 0.282
202312 0.270 129.419 0.275
202403 0.470 131.776 0.470

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


Inoue Rubber (Thailand) PCL  (BKK:IRC) 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.

Inoue Rubber (Thailand) PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.70/1.89
=7.25

* 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 Inoue Rubber (Thailand) PCL was 340.00. The lowest was 5.82. And the median was 8.71.


Be Aware

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


Inoue Rubber (Thailand) PCL E10 Related Terms

Thank you for viewing the detailed overview of Inoue Rubber (Thailand) PCL's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Inoue Rubber (Thailand) PCL (BKK:IRC) Business Description

Traded in Other Exchanges
N/A
Address
No. 258, Soi Rangsit-Nakornnayok 49, Prachathipat Sub-district, Thanyaburi District, Pathumthani, THA, 12130
Inoue Rubber (Thailand) PCL is principally engaged in the manufacture and distribution of Automotive Elastomer Products, motorcycle tires, tubes, and industrial elastomer rubber parts. Geographically, it derives a majority of its revenue from Thailand. The company's reportable segments includes geographical areas that are Local and Export, out of which key revenue is generated from Local Segment. Its products involve Automotive Elastomer Products, Motorcycle Tires and Tubes and Industrial Elastomer Parts.

Inoue Rubber (Thailand) PCL (BKK:IRC) Headlines

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