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Maxell (FRA:0H2) E10 : €0.23 (As of Dec. 2023)


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What is Maxell 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.

Maxell's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.104. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.23 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Maxell'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.

As of today (2024-06-09), Maxell's current stock price is €10.60. Maxell's E10 for the quarter that ended in Dec. 2023 was €0.23. Maxell's Shiller PE Ratio of today is 46.09.

During the past 13 years, the highest Shiller PE Ratio of Maxell was 361.54. The lowest was 35.71. And the median was 50.27.


Maxell E10 Historical Data

The historical data trend for Maxell'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.

Maxell E10 Chart

Maxell 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 - -0.05 0.06 0.23 -

Maxell 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 0.23 0.24 0.27 0.23 -

Competitive Comparison of Maxell's E10

For the Consumer Electronics subindustry, Maxell'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.


Maxell's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Maxell's Shiller PE Ratio distribution charts can be found below:

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



Maxell 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, Maxell'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)
=0.104/106.8000*106.8000
=0.104

Current CPI (Dec. 2023) = 106.8000.

Maxell Quarterly Data

per share eps CPI Adj_EPS
201403 0.259 95.700 0.289
201406 0.062 98.000 0.068
201409 0.179 98.500 0.194
201412 -0.298 97.900 -0.325
201503 1.072 97.900 1.169
201506 0.154 98.400 0.167
201509 0.242 98.500 0.262
201512 0.127 98.100 0.138
201603 0.027 97.900 0.029
201606 0.060 98.100 0.065
201609 0.218 98.000 0.238
201612 0.234 98.400 0.254
201703 0.394 98.100 0.429
201706 0.219 98.500 0.237
201709 0.382 98.800 0.413
201712 0.340 99.400 0.365
201803 0.090 99.200 0.097
201806 0.161 99.200 0.173
201809 0.140 99.900 0.150
201812 0.140 99.700 0.150
201903 0.347 99.700 0.372
201906 0.024 99.800 0.026
201909 0.107 100.100 0.114
201912 0.071 100.500 0.075
202003 -1.995 100.300 -2.124
202006 -0.084 99.900 -0.090
202009 -0.056 99.900 -0.060
202012 -0.048 99.300 -0.052
202103 -1.286 99.900 -1.375
202106 0.404 99.500 0.434
202109 0.206 100.100 0.220
202112 0.212 100.100 0.226
202203 -1.390 101.100 -1.468
202206 0.236 101.800 0.248
202209 0.220 103.100 0.228
202212 0.274 104.100 0.281
202303 0.033 104.400 0.034
202306 0.334 105.200 0.339
202309 0.358 106.200 0.360
202312 0.104 106.800 0.104

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


Maxell  (FRA:0H2) 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.

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

Shiller PE Ratio=Share Price/E10
=10.60/0.23
=46.09

* 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 Maxell was 361.54. The lowest was 35.71. And the median was 50.27.


Be Aware

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


Maxell E10 Related Terms

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


Maxell (FRA:0H2) Business Description

Traded in Other Exchanges
Address
2-16-2, Konan, Minato-ku, Taiyo-Life Shinagawa Building 21sr Floor, Tokyo, JPN, 108-8248
Maxell Ltd is a Japan-based company that is engaged in manufacturing and selling energy products, industrial materials products, and electronic appliance and consumer products. The company focuses on several business areas, including automotive, home life and infrastructure, health and beauty care, and business and consumer. The company provides a broad range of products, including primary batteries, rechargeable batteries, electroforming, data storage, adhesive tapes, inks, functional films, display equipment, lens units, optical components, and wellness and beauty care.

Maxell (FRA:0H2) Headlines

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