GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Yamaha Motor Co Ltd (FRA:YMA) » Definitions » E10

Yamaha Motor Co (FRA:YMA) E10 : €0.63 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Yamaha Motor 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.

Yamaha Motor Co's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.347. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Yamaha Motor Co's average E10 Growth Rate was 15.20% per year. During the past 3 years, the average E10 Growth Rate was 21.80% per year. During the past 5 years, the average E10 Growth Rate was 31.80% 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 Yamaha Motor Co was 49.70% per year. The lowest was 17.60% per year. And the median was 21.80% per year.

As of today (2024-06-08), Yamaha Motor Co's current stock price is €8.736. Yamaha Motor Co's E10 for the quarter that ended in Mar. 2024 was €0.63. Yamaha Motor Co's Shiller PE Ratio of today is 13.87.

During the past 13 years, the highest Shiller PE Ratio of Yamaha Motor Co was 57.61. The lowest was 6.82. And the median was 13.44.


Yamaha Motor Co E10 Historical Data

The historical data trend for Yamaha Motor 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.

Yamaha Motor Co E10 Chart

Yamaha Motor Co 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 0.44 0.45 0.53 0.62 0.65

Yamaha Motor 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 0.63 0.61 0.65 0.65 0.63

Competitive Comparison of Yamaha Motor Co's E10

For the Auto Manufacturers subindustry, Yamaha Motor 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.


Yamaha Motor Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yamaha Motor Co's Shiller PE Ratio distribution charts can be found below:

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



Yamaha Motor 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, Yamaha Motor Co'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)
=0.347/107.2000*107.2000
=0.347

Current CPI (Mar. 2024) = 107.2000.

Yamaha Motor Co Quarterly Data

per share eps CPI Adj_EPS
201406 0.121 98.000 0.132
201409 0.140 98.500 0.152
201412 0.104 97.900 0.114
201503 0.189 97.900 0.207
201506 0.181 98.400 0.197
201509 -0.022 98.500 -0.024
201512 0.079 98.100 0.086
201603 0.157 97.900 0.172
201606 0.094 98.100 0.103
201609 0.132 98.000 0.144
201612 0.116 98.400 0.126
201703 0.251 98.100 0.274
201706 0.223 98.500 0.243
201709 0.205 98.800 0.222
201712 0.089 99.400 0.096
201803 0.236 99.200 0.255
201806 0.183 99.200 0.198
201809 0.181 99.900 0.194
201812 0.087 99.700 0.094
201903 0.215 99.700 0.231
201906 0.185 99.800 0.199
201909 0.191 100.100 0.205
201912 0.001 100.500 0.001
202003 0.077 100.300 0.082
202006 -0.097 99.900 -0.104
202009 0.328 99.900 0.352
202012 0.098 99.300 0.106
202103 0.308 99.900 0.331
202106 0.369 99.500 0.398
202109 0.323 100.100 0.346
202112 0.139 100.100 0.149
202203 0.241 101.100 0.256
202206 0.347 101.800 0.365
202209 0.347 103.100 0.361
202212 0.285 104.100 0.293
202303 0.342 104.400 0.351
202306 0.359 105.200 0.366
202309 0.281 106.200 0.284
202312 0.097 106.800 0.097
202403 0.347 107.200 0.347

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


Yamaha Motor Co  (FRA:YMA) 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.

Yamaha Motor Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=8.736/0.63
=13.87

* 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 Yamaha Motor Co was 57.61. The lowest was 6.82. And the median was 13.44.


Be Aware

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


Yamaha Motor Co E10 Related Terms

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


Yamaha Motor Co (FRA:YMA) Business Description

Traded in Other Exchanges
Address
2500, Shingai, Iwata, Shizuoka, JPN, 438-8501
Yamaha Motor Co Ltd is an automobile and electronics manufacturing company. The company is organised into five segments based on product type: motorcycles, marine products, power products, industrial machinery and robots, and other products. The motorcycles segment, contributing the majority of consolidated revenue, manufactures on- and off-road motorcycles, along with related motorcycle parts. Marine Products, the next-largest contributor to revenue, manufactures outboard motors, personal watercraft, and boats. Yamaha derives the majority of sales from Asia, with North America and Europe the next most significant markets.

Yamaha Motor Co (FRA:YMA) Headlines

No Headlines