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ITO EN (ITO EN) E10 : $0.66 (As of Jan. 2024)


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What is ITO EN 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.

ITO EN's adjusted earnings per share data for the three months ended in Jan. 2024 was $0.171. 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 Jan. 2024.

During the past 12 months, ITO EN's average E10 Growth Rate was 6.20% per year. During the past 3 years, the average E10 Growth Rate was 2.50% per year. During the past 5 years, the average E10 Growth Rate was 1.80% 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 ITO EN was 2.50% per year. The lowest was 0.20% per year. And the median was 1.70% per year.

As of today (2024-06-09), ITO EN's current stock price is $28.685. ITO EN's E10 for the quarter that ended in Jan. 2024 was $0.66. ITO EN's Shiller PE Ratio of today is 43.46.

During the past 13 years, the highest Shiller PE Ratio of ITO EN was 95.89. The lowest was 16.94. And the median was 61.16.


ITO EN E10 Historical Data

The historical data trend for ITO EN'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.

ITO EN E10 Chart

ITO EN Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.84 0.77 1.02 0.71

ITO EN Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.65 0.71 0.73 0.61 0.66

Competitive Comparison of ITO EN's E10

For the Beverages - Non-Alcoholic subindustry, ITO EN'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.


ITO EN's Shiller PE Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, ITO EN's Shiller PE Ratio distribution charts can be found below:

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



ITO EN 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, ITO EN's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.171/106.9000*106.9000
=0.171

Current CPI (Jan. 2024) = 106.9000.

ITO EN Quarterly Data

per share eps CPI Adj_EPS
201404 0.255 97.700 0.279
201407 0.191 98.100 0.208
201410 0.247 98.200 0.269
201501 -0.027 97.800 -0.030
201504 0.214 98.400 0.232
201507 0.158 98.300 0.172
201510 0.213 98.500 0.231
201601 0.080 97.700 0.088
201604 0.117 98.100 0.127
201607 0.279 97.900 0.305
201610 0.404 98.600 0.438
201701 0.187 98.200 0.204
201704 0.145 98.500 0.157
201707 0.267 98.300 0.290
201710 0.388 98.800 0.420
201801 -0.022 99.500 -0.024
201804 0.260 99.100 0.280
201807 0.252 99.200 0.272
201810 0.371 100.200 0.396
201901 0.117 99.700 0.125
201904 0.297 100.000 0.317
201907 0.278 99.800 0.298
201910 0.388 100.400 0.413
202001 0.179 100.500 0.190
202004 -0.281 100.200 -0.300
202007 0.154 100.000 0.165
202010 0.191 99.800 0.205
202101 0.092 99.800 0.099
202104 0.082 99.100 0.088
202107 0.333 99.700 0.357
202110 0.227 99.900 0.243
202201 0.185 100.300 0.197
202204 0.158 101.500 0.166
202207 0.254 102.300 0.265
202210 0.199 103.700 0.205
202301 0.143 104.700 0.146
202304 0.157 105.100 0.160
202307 0.400 105.700 0.405
202310 0.231 107.100 0.231
202401 0.171 106.900 0.171

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


ITO EN  (OTCPK:ITOEF) 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.

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

Shiller PE Ratio=Share Price/E10
=28.685/0.66
=43.46

* 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 ITO EN was 95.89. The lowest was 16.94. And the median was 61.16.


Be Aware

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


ITO EN E10 Related Terms

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


ITO EN (ITO EN) Business Description

Traded in Other Exchanges
Address
47-10, Honmachi 3-chome, Shibuya-ku, Tokyo, JPN, 151-8550
ITO EN Ltd makes beverages and other tea and nutritional products that it sells in Japan. Ito En primarily sells green tea products, including ready-to-drink beverages, tea bags, and other tea leaf products, under its Oi Ocha brand. Other beverages the company sells include black tea, Chinese tea, coffee, vegetable beverages, fruit beverages, mineral water, and functional beverages. The Leaf- and Drink-Related business segment makes up roughly 90% of the company's total revenue. Most remaining revenue is generated from Ito En's restaurant business, which operates hundreds of Tully's coffee shops in Japan.

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