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Internet Initiative Japan (Internet Initiative Japan) E10 : $0.34 (As of Mar. 2024)


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What is Internet Initiative 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.

Internet Initiative Japan's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.257. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Internet Initiative Japan's average E10 Growth Rate was 23.40% per year. During the past 3 years, the average E10 Growth Rate was 25.20% per year. During the past 5 years, the average E10 Growth Rate was 19.40% per year. During the past 10 years, the average E10 Growth Rate was 6.60% 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 Internet Initiative Japan was 74.20% per year. The lowest was -3.90% per year. And the median was 4.90% per year.

As of today (2024-06-04), Internet Initiative Japan's current stock price is $15.072. Internet Initiative Japan's E10 for the quarter that ended in Mar. 2024 was $0.34. Internet Initiative Japan's Shiller PE Ratio of today is 44.33.

During the past 13 years, the highest Shiller PE Ratio of Internet Initiative Japan was 84.00. The lowest was 17.63. And the median was 28.13.


Internet Initiative Japan E10 Historical Data

The historical data trend for Internet Initiative 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.

Internet Initiative Japan E10 Chart

Internet Initiative Japan 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 0.12 0.21 0.29 0.22 0.34

Internet Initiative 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 0.22 0.29 0.34 0.32 0.34

Competitive Comparison of Internet Initiative Japan's E10

For the Telecom Services subindustry, Internet Initiative 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.


Internet Initiative Japan's Shiller PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Internet Initiative Japan's Shiller PE Ratio distribution charts can be found below:

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



Internet Initiative 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, Internet Initiative 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)
=0.257/107.2000*107.2000
=0.257

Current CPI (Mar. 2024) = 107.2000.

Internet Initiative Japan Quarterly Data

per share eps CPI Adj_EPS
201406 0.026 98.000 0.028
201409 0.048 98.500 0.052
201412 0.040 97.900 0.044
201503 0.045 97.900 0.049
201506 0.032 98.400 0.035
201509 0.042 98.500 0.046
201512 0.041 98.100 0.045
201603 0.070 97.900 0.077
201606 0.027 98.100 0.030
201609 0.031 98.000 0.034
201612 0.038 98.400 0.041
201703 0.062 98.100 0.068
201706 0.035 98.500 0.038
201709 0.039 98.800 0.042
201712 0.059 99.400 0.064
201803 0.126 99.200 0.136
201806 0.044 99.200 0.048
201809 0.060 99.900 0.064
201812 -0.034 99.700 -0.037
201903 0.003 99.700 0.003
201906 0.040 99.800 0.043
201909 0.050 100.100 0.054
201912 0.081 100.500 0.086
202003 0.033 100.300 0.035
202006 0.057 99.900 0.061
202009 0.086 99.900 0.092
202012 0.165 99.300 0.178
202103 0.195 99.900 0.209
202106 0.176 99.500 0.190
202109 0.212 100.100 0.227
202112 0.224 100.100 0.240
202203 0.193 101.100 0.205
202206 0.181 101.800 0.191
202209 0.163 103.100 0.169
202212 0.172 104.100 0.177
202303 0.247 104.400 0.254
202306 0.141 105.200 0.144
202309 0.180 106.200 0.182
202312 0.182 106.800 0.183
202403 0.257 107.200 0.257

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


Internet Initiative Japan  (OTCPK:IIJIF) 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.

Internet Initiative Japan's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.072/0.34
=44.33

* 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 Internet Initiative Japan was 84.00. The lowest was 17.63. And the median was 28.13.


Be Aware

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


Internet Initiative Japan E10 Related Terms

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


Internet Initiative Japan (Internet Initiative Japan) Business Description

Traded in Other Exchanges
Address
Iidabashi Grand Bloom, 2-10-2 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-0071
Internet Initiative Japan Inc. is a provider of a variety of services including Internet access, outsourcing, and systems integration. Its Internet access services span dial-up, mobile, and broadband technologies. Its wide area network services allow secure data sharing over Internet virtual private networks, independently developed routers, and closed wide area networks. Its outsourcing services include cloud, content delivery, data center, and security services. The firm generates nearly all its revenue in Japan.