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Japan Aviation Electronics Industry (FRA:8N9) E10 : €0.90 (As of Dec. 2023)


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What is Japan Aviation Electronics Industry 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.

Japan Aviation Electronics Industry's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.284. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.90 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Japan Aviation Electronics Industry'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 Japan Aviation Electronics Industry was 9.00% per year. The lowest was 8.20% per year. And the median was 8.40% per year.

As of today (2024-06-11), Japan Aviation Electronics Industry's current stock price is €14.20. Japan Aviation Electronics Industry's E10 for the quarter that ended in Dec. 2023 was €0.90. Japan Aviation Electronics Industry's Shiller PE Ratio of today is 15.78.

During the past 13 years, the highest Shiller PE Ratio of Japan Aviation Electronics Industry was 33.77. The lowest was 9.55. And the median was 16.89.


Japan Aviation Electronics Industry E10 Historical Data

The historical data trend for Japan Aviation Electronics Industry'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.

Japan Aviation Electronics Industry E10 Chart

Japan Aviation Electronics Industry 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 - - 0.90 0.94 -

Japan Aviation Electronics Industry 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 0.94 0.87 0.89 0.90 -

Competitive Comparison of Japan Aviation Electronics Industry's E10

For the Electronic Components subindustry, Japan Aviation Electronics Industry'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.


Japan Aviation Electronics Industry's Shiller PE Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Japan Aviation Electronics Industry's Shiller PE Ratio falls into.



Japan Aviation Electronics Industry 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, Japan Aviation Electronics Industry'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)
=0.284/106.8000*106.8000
=0.284

Current CPI (Dec. 2023) = 106.8000.

Japan Aviation Electronics Industry Quarterly Data

per share eps CPI Adj_EPS
201403 0.236 95.700 0.263
201406 0.300 98.000 0.327
201409 0.272 98.500 0.295
201412 0.267 97.900 0.291
201503 0.422 97.900 0.460
201506 0.369 98.400 0.401
201509 0.313 98.500 0.339
201512 0.298 98.100 0.324
201603 0.036 97.900 0.039
201606 0.033 98.100 0.036
201609 0.169 98.000 0.184
201612 0.099 98.400 0.107
201703 0.321 98.100 0.349
201706 0.247 98.500 0.268
201709 0.284 98.800 0.307
201712 0.392 99.400 0.421
201803 0.165 99.200 0.178
201806 0.348 99.200 0.375
201809 0.305 99.900 0.326
201812 0.356 99.700 0.381
201903 0.147 99.700 0.157
201906 0.179 99.800 0.192
201909 0.356 100.100 0.380
201912 0.258 100.500 0.274
202003 0.221 100.300 0.235
202006 -0.120 99.900 -0.128
202009 0.156 99.900 0.167
202012 0.170 99.300 0.183
202103 0.281 99.900 0.300
202106 0.222 99.500 0.238
202109 0.348 100.100 0.371
202112 0.311 100.100 0.332
202203 0.328 101.100 0.346
202206 0.454 101.800 0.476
202209 0.377 103.100 0.391
202212 0.207 104.100 0.212
202303 0.093 104.400 0.095
202306 0.179 105.200 0.182
202309 0.293 106.200 0.295
202312 0.284 106.800 0.284

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


Japan Aviation Electronics Industry  (FRA:8N9) 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.

Japan Aviation Electronics Industry's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.20/0.9
=15.78

* 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 Japan Aviation Electronics Industry was 33.77. The lowest was 9.55. And the median was 16.89.


Be Aware

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


Japan Aviation Electronics Industry E10 Related Terms

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


Japan Aviation Electronics Industry (FRA:8N9) Business Description

Traded in Other Exchanges
Address
21-2, Dogenzaka 1-chome, Shibuya-ku, Tokyo, JPN, 150-0043
Japan Aviation Electronics Industry Ltd is a Japan-based company that manufactures and distributes electronic components and equipment. The firm's operations are organized in four segments: the Connector segment, which sells connectors for use in infrastructure, transportation, and mobile device applications; the Interface Solution segment, which sells touch panels, touch controls, and monitors; the Aviation Equipment segment, which includes navigation equipment and motion sensor solutions; and Others, which includes the sale of other products and the transportation business.

Japan Aviation Electronics Industry (FRA:8N9) Headlines

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