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Ibiden Co (TSE:4062) E10 : 円99.88 (As of Dec. 2023)


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What is Ibiden Co 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.

Ibiden Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円68.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円99.88 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ibiden Co's average E10 Growth Rate was 17.00% per year. During the past 3 years, the average E10 Growth Rate was 49.60% per year. During the past 5 years, the average E10 Growth Rate was 18.40% 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 Ibiden Co was 49.60% per year. The lowest was -10.00% per year. And the median was 24.80% per year.

As of today (2024-04-27), Ibiden Co's current stock price is 円6052.00. Ibiden Co's E10 for the quarter that ended in Dec. 2023 was 円99.88. Ibiden Co's Shiller PE Ratio of today is 60.59.

During the past 13 years, the highest Shiller PE Ratio of Ibiden Co was 190.73. The lowest was 28.87. And the median was 87.57.


Ibiden Co E10 Historical Data

The historical data trend for Ibiden Co'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.

Ibiden Co E10 Chart

Ibiden Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.63 27.30 31.30 53.67 91.44

Ibiden Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 85.35 91.44 94.66 98.95 99.88

Competitive Comparison of Ibiden Co's E10

For the Electronic Components subindustry, Ibiden Co'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.


Ibiden Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ibiden Co's Shiller PE Ratio distribution charts can be found below:

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



Ibiden Co 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, Ibiden Co'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)
=68.03/106.8000*106.8000
=68.030

Current CPI (Dec. 2023) = 106.8000.

Ibiden Co Quarterly Data

per share eps CPI Adj_EPS
201403 6.810 95.700 7.600
201406 15.550 98.000 16.946
201409 37.370 98.500 40.519
201412 61.350 97.900 66.927
201503 24.040 97.900 26.225
201506 20.260 98.400 21.990
201509 62.845 98.500 68.141
201512 45.630 98.100 49.677
201603 -76.186 97.900 -83.112
201606 -11.900 98.100 -12.955
201609 -329.800 98.000 -359.415
201612 -104.050 98.400 -112.932
201703 -26.510 98.100 -28.861
201706 13.440 98.500 14.573
201709 33.280 98.800 35.975
201712 13.070 99.400 14.043
201803 23.404 99.200 25.197
201806 19.250 99.200 20.725
201809 20.176 99.900 21.570
201812 -44.690 99.700 -47.873
201903 28.920 99.700 30.979
201906 20.780 99.800 22.238
201909 7.107 100.100 7.583
201912 30.670 100.500 32.593
202003 22.520 100.300 23.979
202006 32.890 99.900 35.162
202009 50.720 99.900 54.223
202012 69.524 99.300 74.775
202103 30.790 99.900 32.917
202106 68.520 99.500 73.547
202109 90.890 100.100 96.974
202112 108.790 100.100 116.072
202203 27.148 101.100 28.679
202206 98.230 101.800 103.055
202209 129.610 103.100 134.261
202212 87.670 104.100 89.944
202303 58.220 104.400 59.558
202306 52.190 105.200 52.984
202309 75.910 106.200 76.339
202312 68.030 106.800 68.030

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


Ibiden Co  (TSE:4062) 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.

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

Shiller PE Ratio=Share Price/E10
=6052.00/99.88
=60.59

* 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 Ibiden Co was 190.73. The lowest was 28.87. And the median was 87.57.


Be Aware

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


Ibiden Co E10 Related Terms

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


Ibiden Co (TSE:4062) Business Description

Traded in Other Exchanges
Address
2-1 Kanda-cho, Ogaki, Gifu, JPN, 503-8604
Ibiden Company Limited is a provider of electronic and ceramic products. The company operates through three segments: ceramic, electron and other. The ceramic segment, which contributes the largest portion of revenue, provides environment-related ceramics products, graphite and specialty products, ceramic fibre, and fine ceramics products. Electron, the next- largest segment, offers package substrates in computers, information technology infrastructure, mobile device wiring boards, mobile devices and home appliances. The other segment includes the processing of agriculture, livestock and fisheries, the sale of oil products and synthetic resin production. The company is headquartered in Japan and generates the majority of revenue in Asia.

Ibiden Co (TSE:4062) Headlines

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