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Taikisha (TSE:1979) E10 : 円247.73 (As of Dec. 2023)


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What is Taikisha 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.

Taikisha's adjusted earnings per share data for the three months ended in Dec. 2023 was 円109.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円247.73 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Taikisha'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 Taikisha was 9.20% per year. The lowest was 6.00% per year. And the median was 7.60% per year.

As of today (2024-05-31), Taikisha's current stock price is 円5140.00. Taikisha's E10 for the quarter that ended in Dec. 2023 was 円247.73. Taikisha's Shiller PE Ratio of today is 20.75.

During the past 13 years, the highest Shiller PE Ratio of Taikisha was 27.15. The lowest was 13.80. And the median was 17.38.


Taikisha E10 Historical Data

The historical data trend for Taikisha'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.

Taikisha E10 Chart

Taikisha 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 185.19 198.10 209.15 220.63 -

Taikisha 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 220.63 231.83 242.24 247.73 -

Competitive Comparison of Taikisha's E10

For the Building Products & Equipment subindustry, Taikisha'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.


Taikisha's Shiller PE Ratio Distribution in the Construction Industry

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

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



Taikisha 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, Taikisha'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)
=109.17/106.8000*106.8000
=109.170

Current CPI (Dec. 2023) = 106.8000.

Taikisha Quarterly Data

per share eps CPI Adj_EPS
201403 35.570 95.700 39.696
201406 19.000 98.000 20.706
201409 37.020 98.500 40.139
201412 48.720 97.900 53.149
201503 67.890 97.900 74.062
201506 28.080 98.400 30.477
201509 46.079 98.500 49.962
201512 49.172 98.100 53.533
201603 79.340 97.900 86.553
201606 22.910 98.100 24.942
201609 54.170 98.000 59.034
201612 47.363 98.400 51.406
201703 58.430 98.100 63.612
201706 7.770 98.500 8.425
201709 59.110 98.800 63.896
201712 52.880 99.400 56.817
201803 92.640 99.200 99.737
201806 51.510 99.200 55.456
201809 -24.800 99.900 -26.513
201812 92.401 99.700 98.981
201903 140.393 99.700 150.391
201906 51.330 99.800 54.930
201909 105.920 100.100 113.010
201912 69.873 100.500 74.253
202003 40.243 100.300 42.851
202006 43.520 99.900 46.526
202009 46.426 99.900 49.633
202012 44.292 99.300 47.637
202103 108.430 99.900 115.919
202106 37.360 99.500 40.101
202109 12.160 100.100 12.974
202112 80.320 100.100 85.696
202203 82.850 101.100 87.521
202206 3.400 101.800 3.567
202209 68.390 103.100 70.844
202212 78.190 104.100 80.218
202303 84.640 104.400 86.586
202306 107.570 105.200 109.206
202309 91.705 106.200 92.223
202312 109.170 106.800 109.170

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


Taikisha  (TSE:1979) 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.

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

Shiller PE Ratio=Share Price/E10
=5140.00/247.73
=20.75

* 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 Taikisha was 27.15. The lowest was 13.80. And the median was 17.38.


Be Aware

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


Taikisha E10 Related Terms

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


Taikisha (TSE:1979) Business Description

Traded in Other Exchanges
N/A
Address
8-17-1, Nishi-Shinjuku Shinjuku-ku, Sumitomo Fudosan Shinjuku Grand Tower, Tokyo, JPN, 160-6129
Taikisha Ltd is a Japan-based company that primarily operates through two segments. The green technology system division primarily designs, manages, and constructs heating, ventilation, and air conditioning systems for office buildings, and also industrial HVAC systems for manufacturing facilities and laboratories. Besides HVAC systems, this segment manufactures and distributes related equipment. The paint finishing system segment primarily designs, manages and constructs automobile painting plants and distributes related equipment. The company has a global presence, with Japan, North America, and Southeast Asia being its top three markets.

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