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Mitani Sekisan Co (TSE:5273) E10 : 円293.24 (As of Dec. 2023)


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What is Mitani Sekisan 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.

Mitani Sekisan Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円133.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円293.24 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mitani Sekisan Co'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 Mitani Sekisan Co was 13.40% per year. The lowest was 11.50% per year. And the median was 12.60% per year.

As of today (2024-05-28), Mitani Sekisan Co's current stock price is 円5110.00. Mitani Sekisan Co's E10 for the quarter that ended in Dec. 2023 was 円293.24. Mitani Sekisan Co's Shiller PE Ratio of today is 17.43.

During the past 13 years, the highest Shiller PE Ratio of Mitani Sekisan Co was 37.25. The lowest was 14.08. And the median was 19.37.


Mitani Sekisan Co E10 Historical Data

The historical data trend for Mitani Sekisan 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.

Mitani Sekisan Co E10 Chart

Mitani Sekisan Co 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 179.96 200.08 224.06 262.50 -

Mitani Sekisan Co 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 262.50 274.84 283.37 293.24 -

Competitive Comparison of Mitani Sekisan Co's E10

For the Building Products & Equipment subindustry, Mitani Sekisan 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.


Mitani Sekisan Co's Shiller PE Ratio Distribution in the Construction Industry

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

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



Mitani Sekisan 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, Mitani Sekisan 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)
=133.34/106.8000*106.8000
=133.340

Current CPI (Dec. 2023) = 106.8000.

Mitani Sekisan Co Quarterly Data

per share eps CPI Adj_EPS
201403 36.070 95.700 40.254
201406 42.540 98.000 46.360
201409 41.660 98.500 45.170
201412 53.140 97.900 57.971
201503 29.553 97.900 32.240
201506 46.220 98.400 50.166
201509 55.496 98.500 60.172
201512 49.108 98.100 53.463
201603 61.640 97.900 67.244
201606 43.990 98.100 47.891
201609 39.765 98.000 43.336
201612 53.687 98.400 58.270
201703 29.600 98.100 32.225
201706 42.500 98.500 46.081
201709 55.520 98.800 60.016
201712 70.560 99.400 75.813
201803 64.100 99.200 69.011
201806 81.350 99.200 87.582
201809 57.527 99.900 61.500
201812 80.070 99.700 85.772
201903 57.230 99.700 61.306
201906 71.040 99.800 76.023
201909 72.920 100.100 77.801
201912 78.080 100.500 82.975
202003 67.110 100.300 71.459
202006 77.170 99.900 82.500
202009 59.450 99.900 63.556
202012 84.870 99.300 91.280
202103 58.850 99.900 62.915
202106 96.920 99.500 104.031
202109 53.320 100.100 56.889
202112 79.010 100.100 84.298
202203 52.240 101.100 55.185
202206 94.750 101.800 99.404
202209 94.080 103.100 97.456
202212 97.478 104.100 100.006
202303 159.410 104.400 163.075
202306 137.410 105.200 139.500
202309 108.270 106.200 108.882
202312 133.340 106.800 133.340

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


Mitani Sekisan Co  (TSE:5273) 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.

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

Shiller PE Ratio=Share Price/E10
=5110.00/293.24
=17.43

* 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 Mitani Sekisan Co was 37.25. The lowest was 14.08. And the median was 19.37.


Be Aware

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


Mitani Sekisan Co E10 Related Terms

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


Mitani Sekisan Co (TSE:5273) Business Description

Traded in Other Exchanges
N/A
Address
1-3-1 Toyoshima, Mitani Building, Fukui-shi,, Fukui, JPN, 910-8571
Mitani Sekisan Co., Ltd. is a Japanese company. It is engaged in the production and sales of concrete secondary products, manufacture, and sale of gravel products, foundation work, and rental for revetment. The company focuses on manufacturing gravel and stones which are used for civil engineering construction, railway tracking and pavement roadbed materials, raw concrete and various concrete secondary products, aggregates of asphalt composite material and construction materials. It also produces concrete piles and poles and environmental products. The Information-Related Business deals with computer peripheral sales and consigned software production.

Mitani Sekisan Co (TSE:5273) Headlines

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