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Mitsui Fudosan Co (Mitsui Fudosan Co) E10 : $1.19 (As of Dec. 2023)


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What is Mitsui Fudosan 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.

Mitsui Fudosan Co's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.276. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.19 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mitsui Fudosan Co'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 Mitsui Fudosan Co was 11.40% per year. The lowest was -5.90% per year. And the median was 4.40% per year.

As of today (2024-06-02), Mitsui Fudosan Co's current stock price is $27.46. Mitsui Fudosan Co's E10 for the quarter that ended in Dec. 2023 was $1.19. Mitsui Fudosan Co's Shiller PE Ratio of today is 23.08.

During the past 13 years, the highest Shiller PE Ratio of Mitsui Fudosan Co was 40.78. The lowest was 13.39. And the median was 20.49.


Mitsui Fudosan Co E10 Historical Data

The historical data trend for Mitsui Fudosan 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.

Mitsui Fudosan Co E10 Chart

Mitsui Fudosan Co 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 0.97 1.18 1.13 1.18 -

Mitsui Fudosan 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 1.18 1.14 1.12 1.19 -

Competitive Comparison of Mitsui Fudosan Co's E10

For the Real Estate - Diversified subindustry, Mitsui Fudosan 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.


Mitsui Fudosan Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mitsui Fudosan Co's Shiller PE Ratio distribution charts can be found below:

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



Mitsui Fudosan 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, Mitsui Fudosan Co'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)
=0.276/106.8000*106.8000
=0.276

Current CPI (Dec. 2023) = 106.8000.

Mitsui Fudosan Co Quarterly Data

per share eps CPI Adj_EPS
201403 0.166 95.700 0.185
201406 0.172 98.000 0.187
201409 0.295 98.500 0.320
201412 0.200 97.900 0.218
201503 0.249 97.900 0.272
201506 0.290 98.400 0.315
201509 0.266 98.500 0.288
201512 0.233 98.100 0.254
201603 0.202 97.900 0.220
201606 0.329 98.100 0.358
201609 0.383 98.000 0.417
201612 0.307 98.400 0.333
201703 0.213 98.100 0.232
201706 0.309 98.500 0.335
201709 0.134 98.800 0.145
201712 0.210 99.400 0.226
201803 0.799 99.200 0.860
201806 0.350 99.200 0.377
201809 0.276 99.900 0.295
201812 0.306 99.700 0.328
201903 0.607 99.700 0.650
201906 0.313 99.800 0.335
201909 0.316 100.100 0.337
201912 0.337 100.500 0.358
202003 0.776 100.300 0.826
202006 0.132 99.900 0.141
202009 -0.046 99.900 -0.049
202012 0.897 99.300 0.965
202103 0.293 99.900 0.313
202106 0.324 99.500 0.348
202109 0.490 100.100 0.523
202112 0.340 100.100 0.363
202203 0.472 101.100 0.499
202206 0.415 101.800 0.435
202209 0.347 103.100 0.359
202212 0.368 104.100 0.378
202303 0.395 104.400 0.404
202306 0.650 105.200 0.660
202309 0.314 106.200 0.316
202312 0.276 106.800 0.276

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


Mitsui Fudosan Co  (OTCPK:MTSFY) 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.

Mitsui Fudosan Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=27.46/1.19
=23.08

* 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 Mitsui Fudosan Co was 40.78. The lowest was 13.39. And the median was 20.49.


Be Aware

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


Mitsui Fudosan Co E10 Related Terms

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


Mitsui Fudosan Co (Mitsui Fudosan Co) Business Description

Traded in Other Exchanges
Address
1-1, Nihonbashi-Muromachi 2-chome, Chuo-ku, Tokyo, JPN, 103-0022
Mitsui Fudosan is one of the three big Japanese real estate companies, together with Mitsubishi Estate and Sumitomo Realty. Although its traditional office district is Nihonbashi, it has developed large office projects across Tokyo, as well as London and New York City. Mitsui Fudosan derives a higher portion of its revenue and profits from retail leasing than Mitsubishi Estate and Sumitomo Realty with an extensive portfolio of urban retail buildings, shopping malls, and outlet parks. It is in the process of expanding the latter two formats across Asia. Like Sumitomo Realty, it is active in condo development and residential real estate brokerage, and its Mitsui Home unit is a second-tier builder of detached houses.

Mitsui Fudosan Co (Mitsui Fudosan Co) Headlines

From GuruFocus

Baron Funds Comments on Mitsui Fudosan

By Holly LaFon 05-29-2014