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Noritsu Koki Co (Noritsu Koki Co) E10 : $2.73 (As of Mar. 2024)


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What is Noritsu Koki 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.

Noritsu Koki Co's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.955. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.73 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Noritsu Koki Co's average E10 Growth Rate was 11.80% 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.

As of today (2024-06-07), Noritsu Koki Co's current stock price is $20.00. Noritsu Koki Co's E10 for the quarter that ended in Mar. 2024 was $2.73. Noritsu Koki Co's Shiller PE Ratio of today is 7.33.

During the past 13 years, the highest Shiller PE Ratio of Noritsu Koki Co was 60.51. The lowest was 5.49. And the median was 8.14.


Noritsu Koki Co E10 Historical Data

The historical data trend for Noritsu Koki 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.

Noritsu Koki Co E10 Chart

Noritsu Koki Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.10 0.18 0.21 1.05

Noritsu Koki 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 1.13 1.12 0.81 2.80 2.73

Competitive Comparison of Noritsu Koki Co's E10

For the Consumer Electronics subindustry, Noritsu Koki 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.


Noritsu Koki Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Noritsu Koki Co's Shiller PE Ratio distribution charts can be found below:

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



Noritsu Koki 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, Noritsu Koki Co'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)
=0.955/107.2000*107.2000
=0.955

Current CPI (Mar. 2024) = 107.2000.

Noritsu Koki Co Quarterly Data

per share eps CPI Adj_EPS
201406 -0.042 98.000 -0.046
201409 0.124 98.500 0.135
201412 0.265 97.900 0.290
201503 0.157 97.900 0.172
201506 0.086 98.400 0.094
201509 0.136 98.500 0.148
201512 -1.431 98.100 -1.564
201603 0.509 97.900 0.557
201606 0.053 98.100 0.058
201609 0.000 98.000 0.000
201612 0.249 98.400 0.271
201703 0.636 98.100 0.695
201706 0.258 98.500 0.281
201709 0.157 98.800 0.170
201712 0.260 99.400 0.280
201803 1.571 99.200 1.698
201806 0.110 99.200 0.119
201809 0.087 99.900 0.093
201812 0.424 99.700 0.456
201903 0.044 99.700 0.047
201906 0.146 99.800 0.157
201909 -0.378 100.100 -0.405
201912 0.459 100.500 0.490
202003 0.043 100.300 0.046
202006 0.193 99.900 0.207
202009 1.175 99.900 1.261
202012 1.272 99.300 1.373
202103 0.318 99.900 0.341
202106 0.097 99.500 0.105
202109 0.150 100.100 0.161
202112 0.693 100.100 0.742
202203 23.704 101.100 25.134
202206 0.201 101.800 0.212
202209 0.354 103.100 0.368
202212 -0.307 104.100 -0.316
202303 0.207 104.400 0.213
202306 0.663 105.200 0.676
202309 0.632 106.200 0.638
202312 0.438 106.800 0.440
202403 0.955 107.200 0.955

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


Noritsu Koki Co  (OTCPK:NKOKF) 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.

Noritsu Koki Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.00/2.73
=7.33

* 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 Noritsu Koki Co was 60.51. The lowest was 5.49. And the median was 8.14.


Be Aware

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


Noritsu Koki Co E10 Related Terms

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


Noritsu Koki Co (Noritsu Koki Co) Business Description

Traded in Other Exchanges
Address
Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045
Noritsu Koki Co Ltd is a Japan-based company, engaged in the healthcare, drug discovery, senior life, agribusiness food, manufacturing, and other operations. In the manufacturing business, the company manufactures marking pen tip made of felt and synthetic fiber as the main product. In the healthcare business, it offers a range of medical services. In the drug discovery business, the company conducts research and development on biopharmaceuticals and regenerative medicine. The other operations of the company involves the business development and investment research, digital area business and insurance business.

Noritsu Koki Co (Noritsu Koki Co) Headlines

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