GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SBS Holdings Inc (TSE:2384) » Definitions » E10

SBS Holdings (TSE:2384) E10 : 円167.00 (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is SBS 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.

SBS Holdings's adjusted earnings per share data for the three months ended in Mar. 2024 was 円123.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円167.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SBS Holdings's average E10 Growth Rate was 12.40% per year. During the past 3 years, the average E10 Growth Rate was 24.30% per year. During the past 5 years, the average E10 Growth Rate was 21.40% 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 SBS Holdings was 24.30% per year. The lowest was 18.90% per year. And the median was 22.70% per year.

As of today (2024-05-26), SBS Holdings's current stock price is 円2663.00. SBS Holdings's E10 for the quarter that ended in Mar. 2024 was 円167.00. SBS Holdings's Shiller PE Ratio of today is 15.95.

During the past 13 years, the highest Shiller PE Ratio of SBS Holdings was 42.17. The lowest was 14.62. And the median was 26.84.


SBS Holdings E10 Historical Data

The historical data trend for SBS 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.

SBS Holdings E10 Chart

SBS Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.78 80.92 101.62 130.62 155.24

SBS Holdings 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 148.60 152.31 155.57 155.24 167.00

Competitive Comparison of SBS Holdings's E10

For the Integrated Freight & Logistics subindustry, SBS 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.


SBS Holdings's Shiller PE Ratio Distribution in the Transportation Industry

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

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



SBS 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, SBS Holdings'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)
=123/107.2000*107.2000
=123.000

Current CPI (Mar. 2024) = 107.2000.

SBS Holdings Quarterly Data

per share eps CPI Adj_EPS
201406 35.110 98.000 38.406
201409 18.930 98.500 20.602
201412 6.150 97.900 6.734
201503 66.070 97.900 72.346
201506 -14.340 98.400 -15.622
201509 41.720 98.500 45.405
201512 -190.370 98.100 -208.029
201603 18.330 97.900 20.071
201606 82.432 98.100 90.079
201609 14.956 98.000 16.360
201612 12.950 98.400 14.108
201703 16.110 98.100 17.604
201706 19.563 98.500 21.291
201709 38.698 98.800 41.988
201712 37.540 99.400 40.486
201803 12.760 99.200 13.789
201806 18.000 99.200 19.452
201809 15.750 99.900 16.901
201812 64.500 99.700 69.352
201903 56.800 99.700 61.073
201906 27.696 99.800 29.750
201909 34.510 100.100 36.958
201912 34.040 100.500 36.309
202003 77.380 100.300 82.703
202006 26.638 99.900 28.585
202009 31.010 99.900 33.276
202012 36.835 99.300 39.765
202103 55.910 99.900 59.996
202106 140.700 99.500 151.588
202109 49.348 100.100 52.848
202112 25.690 100.100 27.512
202203 79.820 101.100 84.636
202206 -32.102 101.800 -33.805
202209 62.600 103.100 65.089
202212 185.057 104.100 190.568
202303 171.510 104.400 176.110
202306 34.620 105.200 35.278
202309 30.160 106.200 30.444
202312 16.910 106.800 16.973
202403 123.000 107.200 123.000

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


SBS Holdings  (TSE:2384) 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.

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

Shiller PE Ratio=Share Price/E10
=2663.00/167
=15.95

* 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 SBS Holdings was 42.17. The lowest was 14.62. And the median was 26.84.


Be Aware

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


SBS Holdings E10 Related Terms

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


SBS Holdings (TSE:2384) Business Description

Traded in Other Exchanges
N/A
Address
1-3 Taihei 4-chome, Olinas Tower, Sumida-ku, Tokyo, JPN, 130-0012
SBS Holdings Inc is engaged in the provision of logistics and related services. The company's operating business includes logistics, real-estate, and others. Its logistics business is involved in the transportation and delivery of raw materials, and the storage associated with it, handling, packaging, and distribution processing services. The real-estate business consists of rental and leasing of real estate properties. Its other business comprises of human resources, environment-related, marketing and other related business services.

SBS Holdings (TSE:2384) Headlines

No Headlines