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Niterra Co (TSE:5334) E10 : 円234.88 (As of Mar. 2024)


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What is Niterra 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.

Niterra Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円71.451. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円234.88 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Niterra Co's average E10 Growth Rate was 14.60% per year. During the past 3 years, the average E10 Growth Rate was 14.20% per year. During the past 5 years, the average E10 Growth Rate was 10.90% 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 Niterra Co was 18.60% per year. The lowest was 8.10% per year. And the median was 12.50% per year.

As of today (2024-05-28), Niterra Co's current stock price is 円4664.00. Niterra Co's E10 for the quarter that ended in Mar. 2024 was 円234.88. Niterra Co's Shiller PE Ratio of today is 19.86.

During the past 13 years, the highest Shiller PE Ratio of Niterra Co was 37.27. The lowest was 8.47. And the median was 13.65.


Niterra Co E10 Historical Data

The historical data trend for Niterra 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.

Niterra Co E10 Chart

Niterra 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 150.68 157.56 176.80 204.98 234.88

Niterra 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 204.98 214.70 223.33 230.59 234.88

Competitive Comparison of Niterra Co's E10

For the Auto Parts subindustry, Niterra 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.


Niterra Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Niterra Co's Shiller PE Ratio distribution charts can be found below:

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



Niterra 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, Niterra Co'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)
=71.451/107.2000*107.2000
=71.451

Current CPI (Mar. 2024) = 107.2000.

Niterra Co Quarterly Data

per share eps CPI Adj_EPS
201406 46.490 98.000 50.854
201409 28.570 98.500 31.093
201412 61.790 97.900 67.660
201503 32.030 97.900 35.073
201506 57.440 98.400 62.577
201509 0.630 98.500 0.686
201512 59.590 98.100 65.118
201603 23.936 97.900 26.210
201606 34.270 98.100 37.449
201609 36.789 98.000 40.243
201612 71.629 98.400 78.035
201703 -25.680 98.100 -28.062
201706 52.530 98.500 57.170
201709 53.230 98.800 57.756
201712 57.500 99.400 62.012
201803 46.110 99.200 49.829
201806 65.970 99.200 71.290
201809 50.850 99.900 54.566
201812 53.474 99.700 57.497
201903 24.129 99.700 25.944
201906 50.450 99.800 54.191
201909 39.660 100.100 42.473
201912 50.730 100.500 54.112
202003 21.861 100.300 23.365
202006 12.860 99.900 13.800
202009 48.390 99.900 51.926
202012 69.850 99.300 75.407
202103 57.500 99.900 61.702
202106 61.850 99.500 66.636
202109 61.200 100.100 65.541
202112 83.690 100.100 89.626
202203 89.310 101.100 94.699
202206 116.610 101.800 122.796
202209 95.320 103.100 99.111
202212 80.120 104.100 82.506
202303 34.030 104.400 34.943
202306 118.440 105.200 120.692
202309 109.180 106.200 110.208
202312 110.190 106.800 110.603
202403 71.451 107.200 71.451

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


Niterra Co  (TSE:5334) 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.

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

Shiller PE Ratio=Share Price/E10
=4664.00/234.88
=19.86

* 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 Niterra Co was 37.27. The lowest was 8.47. And the median was 13.65.


Be Aware

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


Niterra Co E10 Related Terms

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


Niterra Co (TSE:5334) Business Description

Traded in Other Exchanges
Address
14-18, Takatsuji-cho, Mizuho-ku, Nagoya, JPN, 467-8525
Niterra Co Ltd is a producer of spark plugs for internal combustion engines in the automotive industry and various ceramic products and tools. Under its two brands NGK Spark Plugs and NTK Technical Ceramics, the company produces spark plugs, glow plugs, sensors, semiconductor packages, cutting tools, medical products, and fine ceramics. NGK's largest end markets are Asia including Japan, North America, and Europe. The company produces in Japan and Brazil, while subsidiaries across the globe assemble and sell parts in their respective regions. The automotive components division generates the lion's share of sales for NGK Spark Plug.

Niterra Co (TSE:5334) Headlines

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