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Alps Alpine Co (FRA:ALE) E10 : €0.66 (As of Dec. 2023)


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What is Alps Alpine 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.

Alps Alpine Co's adjusted earnings per share data for the three months ended in Dec. 2023 was €-0.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.66 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Alps Alpine Co'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 Alps Alpine Co was 19.70% per year. The lowest was -0.20% per year. And the median was 19.10% per year.

As of today (2024-06-09), Alps Alpine Co's current stock price is €8.75. Alps Alpine Co's E10 for the quarter that ended in Dec. 2023 was €0.66. Alps Alpine Co's Shiller PE Ratio of today is 13.26.

During the past 13 years, the highest Shiller PE Ratio of Alps Alpine Co was 66.32. The lowest was 7.30. And the median was 15.98.


Alps Alpine Co E10 Historical Data

The historical data trend for Alps Alpine 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.

Alps Alpine Co E10 Chart

Alps Alpine 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 0.86 0.72 0.77 0.81 -

Alps Alpine 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 0.81 0.75 0.76 0.66 -

Competitive Comparison of Alps Alpine Co's E10

For the Electronic Components subindustry, Alps Alpine 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.


Alps Alpine Co's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Alps Alpine 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, Alps Alpine Co'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)
=-0.84/106.8000*106.8000
=-0.840

Current CPI (Dec. 2023) = 106.8000.

Alps Alpine Co Quarterly Data

per share eps CPI Adj_EPS
201403 0.126 95.700 0.141
201406 0.067 98.000 0.073
201409 0.449 98.500 0.487
201412 0.589 97.900 0.643
201503 0.244 97.900 0.266
201506 0.321 98.400 0.348
201509 0.760 98.500 0.824
201512 0.308 98.100 0.335
201603 0.063 97.900 0.069
201606 0.114 98.100 0.124
201609 0.279 98.000 0.304
201612 0.805 98.400 0.874
201703 0.284 98.100 0.309
201706 0.259 98.500 0.281
201709 0.716 98.800 0.774
201712 0.747 99.400 0.803
201803 0.116 99.200 0.125
201806 0.153 99.200 0.165
201809 0.529 99.900 0.566
201812 0.391 99.700 0.419
201903 -0.228 99.700 -0.244
201906 -0.044 99.800 -0.047
201909 0.289 100.100 0.308
201912 -0.026 100.500 -0.028
202003 -0.381 100.300 -0.406
202006 -0.368 99.900 -0.393
202009 0.005 99.900 0.005
202012 0.264 99.300 0.284
202103 -0.063 99.900 -0.067
202106 -0.158 99.500 -0.170
202109 0.243 100.100 0.259
202112 0.472 100.100 0.504
202203 0.303 101.100 0.320
202206 0.089 101.800 0.093
202209 0.508 103.100 0.526
202212 0.126 104.100 0.129
202303 -0.328 104.400 -0.336
202306 -0.075 105.200 -0.076
202309 0.280 106.200 0.282
202312 -0.840 106.800 -0.840

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


Alps Alpine Co  (FRA:ALE) 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.

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

Shiller PE Ratio=Share Price/E10
=8.75/0.66
=13.26

* 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 Alps Alpine Co was 66.32. The lowest was 7.30. And the median was 15.98.


Be Aware

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


Alps Alpine Co E10 Related Terms

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


Alps Alpine Co (FRA:ALE) Business Description

Traded in Other Exchanges
Address
1-7, Yukigaya-otsukamachi, Ota-ku, Tokyo, JPN, 145-8501
Alps Alpine Co Ltd operates in two major business segments: electronic components, automotive infotainment, lodistics and others.. The electronic components segment develops, manufactures, and sells a broad range of electronic components in both consumer and automotive markets. The automotive infotainment segment develops, produces, and markets audio, information, and communication equipment. The company generates the majority of revenue from the electronic components segment and the automotive infotainment segment. It has a business presence worldwide, with the United States, Japan, China, and Germany its four largest markets.