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Canon Marketing Japan (FRA:CNJ) E10 : €1.16 (As of Mar. 2024)


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What is Canon Marketing Japan 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.

Canon Marketing Japan's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.451. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Canon Marketing Japan's average E10 Growth Rate was 10.60% per year. During the past 3 years, the average E10 Growth Rate was 15.40% per year. During the past 5 years, the average E10 Growth Rate was 15.50% 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 Canon Marketing Japan was 16.10% per year. The lowest was 1.70% per year. And the median was 14.90% per year.

As of today (2024-06-09), Canon Marketing Japan's current stock price is €25.40. Canon Marketing Japan's E10 for the quarter that ended in Mar. 2024 was €1.16. Canon Marketing Japan's Shiller PE Ratio of today is 21.90.

During the past 13 years, the highest Shiller PE Ratio of Canon Marketing Japan was 25.50. The lowest was 15.46. And the median was 19.96.


Canon Marketing Japan E10 Historical Data

The historical data trend for Canon Marketing Japan'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.

Canon Marketing Japan E10 Chart

Canon Marketing Japan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.97 1.08 1.17 1.21

Canon Marketing Japan 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 1.20 1.15 1.17 1.21 1.16

Competitive Comparison of Canon Marketing Japan's E10

For the Business Equipment & Supplies subindustry, Canon Marketing Japan'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.


Canon Marketing Japan's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Canon Marketing Japan's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Canon Marketing Japan's Shiller PE Ratio falls into.



Canon Marketing Japan 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, Canon Marketing Japan'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)
=0.451/107.2000*107.2000
=0.451

Current CPI (Mar. 2024) = 107.2000.

Canon Marketing Japan Quarterly Data

per share eps CPI Adj_EPS
201406 0.119 98.000 0.130
201409 0.103 98.500 0.112
201412 0.332 97.900 0.364
201503 0.109 97.900 0.119
201506 0.179 98.400 0.195
201509 0.239 98.500 0.260
201512 0.374 98.100 0.409
201603 0.182 97.900 0.199
201606 0.239 98.100 0.261
201609 0.226 98.000 0.247
201612 0.515 98.400 0.561
201703 0.255 98.100 0.279
201706 0.271 98.500 0.295
201709 0.242 98.800 0.263
201712 0.471 99.400 0.508
201803 0.149 99.200 0.161
201806 0.294 99.200 0.318
201809 0.243 99.900 0.261
201812 0.560 99.700 0.602
201903 0.294 99.700 0.316
201906 0.294 99.800 0.316
201909 0.460 100.100 0.493
201912 0.365 100.500 0.389
202003 0.266 100.300 0.284
202006 0.373 99.900 0.400
202009 0.272 99.900 0.292
202012 0.467 99.300 0.504
202103 0.476 99.900 0.511
202106 0.411 99.500 0.443
202109 0.310 100.100 0.332
202112 0.548 100.100 0.587
202203 0.593 101.100 0.629
202206 0.508 101.800 0.535
202209 0.397 103.100 0.413
202212 0.479 104.100 0.493
202303 0.563 104.400 0.578
202306 0.413 105.200 0.421
202309 0.351 106.200 0.354
202312 0.522 106.800 0.524
202403 0.451 107.200 0.451

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


Canon Marketing Japan  (FRA:CNJ) 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.

Canon Marketing Japan's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=25.40/1.16
=21.90

* 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 Canon Marketing Japan was 25.50. The lowest was 15.46. And the median was 19.96.


Be Aware

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


Canon Marketing Japan E10 Related Terms

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


Canon Marketing Japan (FRA:CNJ) Business Description

Traded in Other Exchanges
Address
Canon S Tower, 16-6, Konan 2-Chome, Minato-ku, Tokyo, JPN, 108-8011
Website
Canon Marketing Japan Inc is in the business of distributing and selling Canon branded products and also provides marketing and other services. Its business segments are business solutions, Its solutions, imaging systems and industrial/medical. Its products and services include business use multifunctional products, commercial printing systems, laser printers, embedded software, system integration, digital cameras, interchangeable lenses, medical equipment and semi-conductor manufacturing equipment.

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