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Tsugami (TSE:6101) E10 : 円93.82 (As of Mar. 2024)


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What is Tsugami 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.

Tsugami's adjusted earnings per share data for the three months ended in Mar. 2024 was 円36.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円93.82 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tsugami's average E10 Growth Rate was 15.80% per year. During the past 3 years, the average E10 Growth Rate was 20.90% per year. During the past 5 years, the average E10 Growth Rate was 17.40% 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 Tsugami was 22.60% per year. The lowest was 16.30% per year. And the median was 19.80% per year.

As of today (2024-06-05), Tsugami's current stock price is 円1441.00. Tsugami's E10 for the quarter that ended in Mar. 2024 was 円93.82. Tsugami's Shiller PE Ratio of today is 15.36.

During the past 13 years, the highest Shiller PE Ratio of Tsugami was 54.00. The lowest was 11.78. And the median was 20.14.


Tsugami E10 Historical Data

The historical data trend for Tsugami'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.

Tsugami E10 Chart

Tsugami 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 48.38 53.06 69.10 80.99 93.82

Tsugami 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 80.99 83.05 85.59 88.40 93.82

Competitive Comparison of Tsugami's E10

For the Tools & Accessories subindustry, Tsugami'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.


Tsugami's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tsugami's Shiller PE Ratio distribution charts can be found below:

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



Tsugami 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, Tsugami'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)
=36.13/107.2000*107.2000
=36.130

Current CPI (Mar. 2024) = 107.2000.

Tsugami Quarterly Data

per share eps CPI Adj_EPS
201406 14.910 98.000 16.310
201409 32.060 98.500 34.892
201412 16.750 97.900 18.341
201503 9.990 97.900 10.939
201506 10.350 98.400 11.276
201509 -0.540 98.500 -0.588
201512 2.010 98.100 2.196
201603 0.950 97.900 1.040
201606 2.250 98.100 2.459
201609 8.870 98.000 9.703
201612 21.390 98.400 23.303
201703 8.420 98.100 9.201
201706 22.270 98.500 24.237
201709 16.350 98.800 17.740
201712 15.240 99.400 16.436
201803 -0.420 99.200 -0.454
201806 29.180 99.200 31.533
201809 29.070 99.900 31.194
201812 26.820 99.700 28.838
201903 30.340 99.700 32.622
201906 20.280 99.800 21.784
201909 4.180 100.100 4.476
201912 8.970 100.500 9.568
202003 4.350 100.300 4.649
202006 12.630 99.900 13.553
202009 11.540 99.900 12.383
202012 30.660 99.300 33.099
202103 38.250 99.900 41.045
202106 51.970 99.500 55.992
202109 54.530 100.100 58.398
202112 46.130 100.100 49.402
202203 35.320 101.100 37.451
202206 54.940 101.800 57.854
202209 31.930 103.100 33.200
202212 37.080 104.100 38.184
202303 33.230 104.400 34.121
202306 26.830 105.200 27.340
202309 18.290 106.200 18.462
202312 29.800 106.800 29.912
202403 36.130 107.200 36.130

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


Tsugami  (TSE:6101) 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.

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

Shiller PE Ratio=Share Price/E10
=1441.00/93.82
=15.36

* 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 Tsugami was 54.00. The lowest was 11.78. And the median was 20.14.


Be Aware

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


Tsugami E10 Related Terms

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


Tsugami (TSE:6101) Business Description

Traded in Other Exchanges
N/A
Address
1-9-10 Horidome chou Nihonbash, Chuo-ku, Tokyo, JPN, 103-0012
Tsugami Corp is engaged in the manufacture and sale of precision machine tools. The company's products consist of automatic lathes, grinding machines, machining centers, rolling machines and other working equipment. It operates in three geographical segments. The Japan and China segment manufactures and sells machine tools. Its South Korea segment is involved in the sale of the company's product.

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