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E J Holdings (TSE:2153) E10 : 円141.54 (As of Feb. 2024)


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What is E J Holdings 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.

E J Holdings's adjusted earnings per share data for the three months ended in Feb. 2024 was 円36.097. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円141.54 for the trailing ten years ended in Feb. 2024.

During the past 12 months, E J Holdings's average E10 Growth Rate was 8.10% 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 (2024-06-02), E J Holdings's current stock price is 円1783.00. E J Holdings's E10 for the quarter that ended in Feb. 2024 was 円141.54. E J Holdings's Shiller PE Ratio of today is 12.60.

During the past 13 years, the highest Shiller PE Ratio of E J Holdings was 19.13. The lowest was 10.11. And the median was 12.26.


E J Holdings E10 Historical Data

The historical data trend for E J Holdings'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.

E J Holdings E10 Chart

E J Holdings Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -257.34 -159.60 89.15 111.90 124.61

E J Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 130.90 124.61 130.50 135.84 141.54

Competitive Comparison of E J Holdings's E10

For the Engineering & Construction subindustry, E J Holdings'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.


E J Holdings's Shiller PE Ratio Distribution in the Construction Industry

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

* The bar in red indicates where E J Holdings's Shiller PE Ratio falls into.



E J Holdings 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, E J Holdings's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=36.097/106.9000*106.9000
=36.097

Current CPI (Feb. 2024) = 106.9000.

E J Holdings Quarterly Data

per share eps CPI Adj_EPS
201405 303.451 98.100 330.672
201408 -59.695 98.300 -64.918
201411 -43.455 97.900 -47.450
201502 -29.601 97.600 -32.422
201505 254.179 98.700 275.296
201508 -62.435 98.400 -67.828
201511 -55.487 98.100 -60.464
201602 -18.205 97.800 -19.899
201605 218.206 98.200 237.538
201608 -81.620 97.900 -89.123
201611 -57.015 98.600 -61.814
201702 -29.791 98.100 -32.463
201705 142.795 98.600 154.815
201708 -65.695 98.500 -71.297
201711 -37.440 99.100 -40.387
201802 0.784 99.500 0.842
201805 186.425 99.300 200.693
201808 -73.255 99.800 -78.467
201811 -57.496 100.000 -61.463
201902 2.962 99.700 3.176
201905 206.365 100.000 220.604
201908 -56.365 100.000 -60.254
201911 -20.960 100.500 -22.295
202002 -0.441 100.300 -0.470
202005 226.795 100.100 242.202
202008 -35.440 100.100 -37.848
202011 -12.680 99.500 -13.623
202102 27.829 99.800 29.809
202105 190.447 99.400 204.817
202108 -28.190 99.700 -30.226
202111 -4.585 100.100 -4.896
202202 21.020 100.700 22.314
202205 209.160 101.800 219.639
202208 -40.470 102.700 -42.125
202211 -16.907 103.900 -17.395
202302 19.760 104.000 20.311
202305 233.213 105.100 237.207
202308 -41.970 105.900 -42.366
202311 -21.100 106.900 -21.100
202402 36.097 106.900 36.097

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


E J Holdings  (TSE:2153) 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.

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

Shiller PE Ratio=Share Price/E10
=1783.00/141.54
=12.60

* 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 E J Holdings was 19.13. The lowest was 10.11. And the median was 12.26.


Be Aware

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


E J Holdings E10 Related Terms

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


E J Holdings (TSE:2153) Business Description

Traded in Other Exchanges
N/A
Address
3 - chome 1-21 Tsujima - kyo cho Kita - ku, Okayama, JPN, 700 - 0087
E J Holdings Inc is a business service provider. The business of the company includes planning, managing, and supervising business execution of affiliated companies, and oversee the management of entire group.

E J Holdings (TSE:2153) Headlines

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