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IR Japan Holdings (TSE:6035) E10 : 円73.62 (As of Dec. 2023)


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What is IR Japan 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.

IR Japan Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was 円8.463. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円73.62 for the trailing ten years ended in Dec. 2023.

During the past 12 months, IR Japan Holdings'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.

As of today (2024-06-10), IR Japan Holdings's current stock price is 円1221.00. IR Japan Holdings's E10 for the quarter that ended in Dec. 2023 was 円73.62. IR Japan Holdings's Shiller PE Ratio of today is 16.59.

During the past 13 years, the highest Shiller PE Ratio of IR Japan Holdings was 401.39. The lowest was 15.43. And the median was 32.49.


IR Japan Holdings E10 Historical Data

The historical data trend for IR Japan 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.

IR Japan Holdings E10 Chart

IR Japan Holdings 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 - 53.32 66.44 70.35 -

IR Japan 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 70.35 73.07 72.84 73.62 -

Competitive Comparison of IR Japan Holdings's E10

For the Consulting Services subindustry, IR Japan 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.


IR Japan Holdings's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, IR Japan Holdings's Shiller PE Ratio distribution charts can be found below:

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



IR Japan 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, IR Japan Holdings'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)
=8.463/106.8000*106.8000
=8.463

Current CPI (Dec. 2023) = 106.8000.

IR Japan Holdings Quarterly Data

per share eps CPI Adj_EPS
201403 -2.530 95.700 -2.823
201406 9.860 98.000 10.745
201409 5.090 98.500 5.519
201412 4.640 97.900 5.062
201503 0.110 97.900 0.120
201506 11.315 98.400 12.281
201509 0.935 98.500 1.014
201512 5.800 98.100 6.314
201603 5.939 97.900 6.479
201606 19.500 98.100 21.229
201609 3.957 98.000 4.312
201612 3.522 98.400 3.823
201703 11.335 98.100 12.340
201706 18.545 98.500 20.108
201709 11.835 98.800 12.793
201712 7.486 99.400 8.043
201803 8.280 99.200 8.914
201806 22.090 99.200 23.782
201809 11.567 99.900 12.366
201812 10.500 99.700 11.248
201903 10.660 99.700 11.419
201906 47.560 99.800 50.896
201909 9.100 100.100 9.709
201912 32.730 100.500 34.782
202003 47.930 100.300 51.036
202006 51.440 99.900 54.993
202009 26.300 99.900 28.117
202012 30.160 99.300 32.438
202103 49.901 99.900 53.348
202106 55.830 99.500 59.926
202109 13.620 100.100 14.532
202112 26.829 100.100 28.625
202203 40.790 101.100 43.090
202206 23.480 101.800 24.633
202209 -3.870 103.100 -4.009
202212 17.245 104.100 17.692
202303 0.970 104.400 0.992
202306 34.370 105.200 34.893
202309 -2.980 106.200 -2.997
202312 8.463 106.800 8.463

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


IR Japan Holdings  (TSE:6035) 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.

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

Shiller PE Ratio=Share Price/E10
=1221.00/73.62
=16.59

* 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 IR Japan Holdings was 401.39. The lowest was 15.43. And the median was 32.49.


Be Aware

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


IR Japan Holdings E10 Related Terms

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


IR Japan Holdings (TSE:6035) Business Description

Traded in Other Exchanges
N/A
Address
2-5, Kasumigaseki 3-chome, Chiyoda-ku, 26th floor, Kasumigaseki Building, Tokyo, JPN, 100-6026
IR Japan Holdings Ltd is engaged in the provision of investor relation (IR) and shareholder relation (SR) consulting services to publicly listed companies in Japan. It also provides investment banking business and stock transfer agency business.

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