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Mitsui (STU:MTS1) E10 : €2.03 (As of Mar. 2024)


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What is Mitsui 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's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.479. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.03 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mitsui's average E10 Growth Rate was 21.00% per year. During the past 3 years, the average E10 Growth Rate was 22.60% per year. During the past 5 years, the average E10 Growth Rate was 15.30% per year. During the past 10 years, the average E10 Growth Rate was 7.30% 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 was 36.40% per year. The lowest was -3.70% per year. And the median was 10.70% per year.

As of today (2024-06-01), Mitsui's current stock price is €46.72. Mitsui's E10 for the quarter that ended in Mar. 2024 was €2.03. Mitsui's Shiller PE Ratio of today is 23.01.

During the past 13 years, the highest Shiller PE Ratio of Mitsui was 24.28. The lowest was 7.21. And the median was 10.97.


Mitsui E10 Historical Data

The historical data trend for Mitsui'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 E10 Chart

Mitsui 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 1.56 1.41 1.58 1.91 2.03

Mitsui 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 1.91 1.83 1.88 1.98 2.03

Competitive Comparison of Mitsui's E10

For the Conglomerates subindustry, Mitsui'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's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mitsui's Shiller PE Ratio distribution charts can be found below:

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



Mitsui 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'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)
=1.479/107.2000*107.2000
=1.479

Current CPI (Mar. 2024) = 107.2000.

Mitsui Quarterly Data

per share eps CPI Adj_EPS
201406 0.514 98.000 0.562
201409 0.382 98.500 0.416
201412 0.120 97.900 0.131
201503 0.223 97.900 0.244
201506 0.389 98.400 0.424
201509 0.139 98.500 0.151
201512 0.016 98.100 0.017
201603 -0.966 97.900 -1.058
201606 0.288 98.100 0.315
201609 0.297 98.000 0.325
201612 0.494 98.400 0.538
201703 0.353 98.100 0.386
201706 0.504 98.500 0.549
201709 0.547 98.800 0.594
201712 0.587 99.400 0.633
201803 0.184 99.200 0.199
201806 0.529 99.200 0.572
201809 0.459 99.900 0.493
201812 0.573 99.700 0.616
201903 0.294 99.700 0.316
201906 0.589 99.800 0.633
201909 0.530 100.100 0.568
201912 0.480 100.500 0.512
202003 0.279 100.300 0.298
202006 0.305 99.900 0.327
202009 0.227 99.900 0.244
202012 0.419 99.300 0.452
202103 0.628 99.900 0.674
202106 0.872 99.500 0.939
202109 1.008 100.100 1.079
202112 1.097 100.100 1.175
202203 1.335 101.100 1.416
202206 1.217 101.800 1.282
202209 1.179 103.100 1.226
202212 1.355 104.100 1.395
202303 1.317 104.400 1.352
202306 1.086 105.200 1.107
202309 0.855 106.200 0.863
202312 1.143 106.800 1.147
202403 1.479 107.200 1.479

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


Mitsui  (STU:MTS1) 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's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=46.72/2.03
=23.01

* 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 was 24.28. The lowest was 7.21. And the median was 10.97.


Be Aware

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


Mitsui E10 Related Terms

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


Mitsui (STU:MTS1) Business Description

Traded in Other Exchanges
Address
1-3, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8631
Mitsui & Co Ltd is a general trading company with a wide range of business activities in the areas of iron and steel, mineral and metal resources, machinery and infrastructure, chemicals, energy, lifestyle, innovation, and corporate development. The firm also participates in the development of natural resources, and it has minority interests in several upstream resource projects, which include iron ore and coal projects in Australia; copper mining projects in Chile; and oil and gas projects in Asia, the Middle East, and the United States.

Mitsui (STU:MTS1) Headlines

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