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Towa (TOWCF) E10 : $0.00 (As of Dec. 2023)


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What is Towa E10?

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Towa's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.321. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.00 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Towa'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 Towa was 20.10% per year. The lowest was 11.50% per year. And the median was 15.80% per year.

As of today (2024-06-09), Towa's current stock price is $73.8599. Towa's E10 for the quarter that ended in Dec. 2023 was $0.00. Towa's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Towa was 94.08. The lowest was 8.68. And the median was 18.36.


Towa E10 Historical Data

The historical data trend for Towa'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.

Towa E10 Chart

Towa Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
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Towa 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 - - - - -

Competitive Comparison of Towa's E10

For the Semiconductor Equipment & Materials subindustry, Towa'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.


Towa's Shiller PE Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Towa's Shiller PE Ratio distribution charts can be found below:

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



Towa 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, Towa'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)
=0.321/106.8000*106.8000
=0.321

Current CPI (Dec. 2023) = 106.8000.

Towa Quarterly Data

per share eps CPI Adj_EPS
201403 0.278 95.700 0.310
201406 0.148 98.000 0.161
201409 0.265 98.500 0.287
201412 0.163 97.900 0.178
201503 0.124 97.900 0.135
201506 0.196 98.400 0.213
201509 0.226 98.500 0.245
201512 -0.058 98.100 -0.063
201603 0.254 97.900 0.277
201606 0.181 98.100 0.197
201609 0.445 98.000 0.485
201612 0.468 98.400 0.508
201703 0.319 98.100 0.347
201706 0.240 98.500 0.260
201709 0.358 98.800 0.387
201712 0.194 99.400 0.208
201803 0.310 99.200 0.334
201806 0.175 99.200 0.188
201809 0.143 99.900 0.153
201812 -0.122 99.700 -0.131
201903 0.121 99.700 0.130
201906 -0.184 99.800 -0.197
201909 0.110 100.100 0.117
201912 0.103 100.500 0.109
202003 0.108 100.300 0.115
202006 0.077 99.900 0.082
202009 0.258 99.900 0.276
202012 0.340 99.300 0.366
202103 0.328 99.900 0.351
202106 0.718 99.500 0.771
202109 0.786 100.100 0.839
202112 0.868 100.100 0.926
202203 0.510 101.100 0.539
202206 0.704 101.800 0.739
202209 0.672 103.100 0.696
202212 0.256 104.100 0.263
202303 0.513 104.400 0.525
202306 0.221 105.200 0.224
202309 0.318 106.200 0.320
202312 0.321 106.800 0.321

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


Towa  (OTCPK:TOWCF) 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.

During the past 13 years, the highest Shiller P/E Ratio of Towa was 94.08. The lowest was 8.68. And the median was 18.36.


Be Aware

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


Towa E10 Related Terms

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


Towa (TOWCF) Business Description

Comparable Companies
Traded in Other Exchanges
Address
5 Kamichoshi-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8105
Towa Corp develops, manufactures and sells resin encapsulation systems for semiconductors and singulation systems. In addition, it also manufactures and sells precision molds for manufacturing semiconductors and plastic molded products. Its product portfolio is divided into two technologies molding including light-emitting diode, semiconductor, and sensors/module products and Singulation including semiconductor, and light-emitting diode-other applications. The company's segments include semiconductor equipment and fine plastic mold. The majority of the company revenue is derived from the sale of semiconductor equipment.

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