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Mitsubishi Motors (Mitsubishi Motors) E10 : $0.12 (As of Dec. 2023)


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What is Mitsubishi Motors 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.

Mitsubishi Motors's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.165. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.12 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mitsubishi Motors's average E10 Growth Rate was -100.00% 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 Mitsubishi Motors was 12.50% per year. The lowest was -37.30% per year. And the median was -16.10% per year.

As of today (2024-06-07), Mitsubishi Motors's current stock price is $2.88. Mitsubishi Motors's E10 for the quarter that ended in Dec. 2023 was $0.12. Mitsubishi Motors's Shiller PE Ratio of today is 24.00.

During the past 13 years, the highest Shiller PE Ratio of Mitsubishi Motors was 33.90. The lowest was 1.79. And the median was 13.36.


Mitsubishi Motors E10 Historical Data

The historical data trend for Mitsubishi Motors'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.

Mitsubishi Motors E10 Chart

Mitsubishi Motors 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 0.61 0.32 0.30 0.18 -

Mitsubishi Motors 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 0.18 0.18 0.15 0.12 -

Competitive Comparison of Mitsubishi Motors's E10

For the Auto Manufacturers subindustry, Mitsubishi Motors'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.


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

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

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



Mitsubishi Motors 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, Mitsubishi Motors's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.165/106.8000*106.8000
=0.165

Current CPI (Dec. 2023) = 106.8000.

Mitsubishi Motors Quarterly Data

per share eps CPI Adj_EPS
201403 0.138 95.700 0.154
201406 0.281 98.000 0.306
201409 0.310 98.500 0.336
201412 0.321 97.900 0.350
201503 0.165 97.900 0.180
201506 0.197 98.400 0.214
201509 0.238 98.500 0.258
201512 0.206 98.100 0.224
201603 -0.038 97.900 -0.041
201606 -1.252 98.100 -1.363
201609 -0.898 98.000 -0.979
201612 0.036 98.400 0.039
201703 0.088 98.100 0.096
201706 0.139 98.500 0.151
201709 0.154 98.800 0.166
201712 0.129 99.400 0.139
201803 0.238 99.200 0.256
201806 0.172 99.200 0.185
201809 0.142 99.900 0.152
201812 0.104 99.700 0.111
201903 0.385 99.700 0.412
201906 0.058 99.800 0.062
201909 -0.042 100.100 -0.045
201912 -0.088 100.500 -0.094
202003 -0.087 100.300 -0.093
202006 -1.100 99.900 -1.176
202009 -0.215 99.900 -0.230
202012 -0.221 99.300 -0.238
202103 -0.423 99.900 -0.452
202106 0.037 99.500 0.040
202109 0.095 100.100 0.101
202112 0.136 100.100 0.145
202203 0.166 101.100 0.175
202206 0.193 101.800 0.202
202209 0.207 103.100 0.214
202212 0.239 104.100 0.245
202303 0.191 104.400 0.195
202306 0.228 105.200 0.231
202309 0.089 106.200 0.090
202312 0.165 106.800 0.165

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


Mitsubishi Motors  (OTCPK:MMTOF) 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.

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

Shiller PE Ratio=Share Price/E10
=2.88/0.12
=24.00

* 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 Mitsubishi Motors was 33.90. The lowest was 1.79. And the median was 13.36.


Be Aware

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


Mitsubishi Motors E10 Related Terms

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


Mitsubishi Motors (Mitsubishi Motors) Business Description

Traded in Other Exchanges
Address
5-33-8, Shiba, Minato - ku, Tokyo, JPN, 108-8410
Mitsubishi Motors is a Japanese automobile manufacturer. The company principally produces small passenger vehicles, electric and hybrid vehicles, and sport utility vehicles, or SUVs. Mitsubishi Motors is organised into two business segments: automobile business and automobile financing business. The company derives the vast majority of company revenue from the automotive business. Geographically, the company is separated into five regions: Japan, North America, Europe, Asia (excluding Japan), and other. With more than half of its products manufactures in Japan where it also generates the majority of its consolidated revenue, followed by Asia, and North America.