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Subaru (Subaru) E10 : $1.01 (As of Mar. 2024)


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What is Subaru 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.

Subaru's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.383. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Subaru's average E10 Growth Rate was 10.40% per year. During the past 3 years, the average E10 Growth Rate was 6.60% per year. During the past 5 years, the average E10 Growth Rate was 5.40% 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 Subaru was 11.40% per year. The lowest was 3.50% per year. And the median was 7.25% per year.

As of today (2024-06-07), Subaru's current stock price is $10.78. Subaru's E10 for the quarter that ended in Mar. 2024 was $1.01. Subaru's Shiller PE Ratio of today is 10.67.

During the past 13 years, the highest Shiller PE Ratio of Subaru was 31.54. The lowest was 6.70. And the median was 10.94.


Subaru E10 Historical Data

The historical data trend for Subaru'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.

Subaru E10 Chart

Subaru 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 1.15 1.16 1.07 1.05 1.01

Subaru 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 1.05 0.99 0.98 1.05 1.01

Competitive Comparison of Subaru's E10

For the Auto Manufacturers subindustry, Subaru'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.


Subaru's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

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

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



Subaru 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, Subaru'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)
=0.383/107.2000*107.2000
=0.383

Current CPI (Mar. 2024) = 107.2000.

Subaru Quarterly Data

per share eps CPI Adj_EPS
201406 0.328 98.000 0.359
201409 0.362 98.500 0.394
201412 0.415 97.900 0.454
201503 0.381 97.900 0.417
201506 0.436 98.400 0.475
201509 0.581 98.500 0.632
201512 0.762 98.100 0.833
201603 0.561 97.900 0.614
201606 0.480 98.100 0.525
201609 0.540 98.000 0.591
201612 0.246 98.400 0.268
201703 0.432 98.100 0.472
201706 0.484 98.500 0.527
201709 0.016 98.800 0.017
201712 0.392 99.400 0.423
201803 0.415 99.200 0.448
201806 0.281 99.200 0.304
201809 -0.025 99.900 -0.027
201812 0.436 99.700 0.469
201903 0.137 99.700 0.147
201906 0.401 99.800 0.431
201909 0.011 100.100 0.012
201912 0.259 100.500 0.276
202003 0.248 100.300 0.265
202006 -0.047 99.900 -0.050
202009 0.194 99.900 0.208
202012 0.317 99.300 0.342
202103 0.014 99.900 0.015
202106 0.110 99.500 0.119
202109 0.155 100.100 0.166
202112 0.104 100.100 0.111
202203 0.039 101.100 0.041
202206 0.132 101.800 0.139
202209 0.230 103.100 0.239
202212 0.370 104.100 0.381
202303 0.224 104.400 0.230
202306 0.339 105.200 0.345
202309 0.348 106.200 0.351
202312 0.683 106.800 0.686
202403 0.383 107.200 0.383

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


Subaru  (OTCPK:FUJHY) 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.

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

Shiller PE Ratio=Share Price/E10
=10.78/1.01
=10.67

* 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 Subaru was 31.54. The lowest was 6.70. And the median was 10.94.


Be Aware

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


Subaru E10 Related Terms

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


Subaru (Subaru) Business Description

Traded in Other Exchanges
Address
Ebisu Subaru Building, 1-20-8, Ebisu, Shibuya-ku, Tokyo, JPN, 150-8554
Subaru Corp is a Japan-based company engaged in the automobile manufacturing business. The company is split into three segments: Automotive Business Unit, Aerospace Company, and Other Businesses. The Automotive Business, which constitutes the vast majority of the company's revenue, manufactures, repairs, and sells passenger cars and their components under the Subaru brand. The Aerospace Company includes airplanes and aerospace-related machinery and components. The Other Businesses segment consists of Industrial product, and real estate lease, among others. A vast majority of the sales is derived from North America.

Subaru (Subaru) Headlines

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