GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Union Tool Co (TSE:6278) » Definitions » E10

Union Tool Co (TSE:6278) E10 : 円189.50 (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Union Tool 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.

Union Tool Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円69.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円189.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Union Tool Co's average E10 Growth Rate was 8.70% per year. During the past 3 years, the average E10 Growth Rate was 14.10% per year. During the past 5 years, the average E10 Growth Rate was 11.70% 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 Union Tool Co was 14.10% per year. The lowest was 9.00% per year. And the median was 12.30% per year.

As of today (2024-06-05), Union Tool Co's current stock price is 円5670.00. Union Tool Co's E10 for the quarter that ended in Mar. 2024 was 円189.50. Union Tool Co's Shiller PE Ratio of today is 29.92.

During the past 13 years, the highest Shiller PE Ratio of Union Tool Co was 38.41. The lowest was 17.51. And the median was 25.59.


Union Tool Co E10 Historical Data

The historical data trend for Union Tool 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.

Union Tool Co E10 Chart

Union Tool Co Annual Data
Trend Nov14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 120.62 124.27 138.62 170.87 184.56

Union Tool 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 174.36 178.51 181.83 184.56 189.50

Competitive Comparison of Union Tool Co's E10

For the Tools & Accessories subindustry, Union Tool 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.


Union Tool Co's Shiller PE Ratio Distribution in the Industrial Products Industry

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

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



Union Tool 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, Union Tool 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)
=69.35/107.2000*107.2000
=69.350

Current CPI (Mar. 2024) = 107.2000.

Union Tool Co Quarterly Data

per share eps CPI Adj_EPS
201402 25.330 95.500 28.433
201405 34.270 98.100 37.449
201408 32.700 98.300 35.661
201411 37.757 97.900 41.344
201502 52.490 97.600 57.653
201505 56.060 98.700 60.888
201508 33.905 98.400 36.937
201603 27.150 97.900 29.729
201606 26.402 98.100 28.851
201609 26.684 98.000 29.189
201612 42.060 98.400 45.821
201703 29.550 98.100 32.291
201706 38.316 98.500 41.700
201709 44.887 98.800 48.703
201712 40.940 99.400 44.153
201803 41.410 99.200 44.750
201806 55.720 99.200 60.214
201809 51.680 99.900 55.456
201812 38.055 99.700 40.918
201903 37.140 99.700 39.934
201906 32.619 99.800 35.038
201909 31.040 100.100 33.242
201912 37.169 100.500 39.647
202003 27.050 100.300 28.911
202006 35.367 99.900 37.951
202009 34.961 99.900 37.516
202012 49.600 99.300 53.546
202103 50.810 99.900 54.523
202106 51.160 99.500 55.119
202109 66.650 100.100 71.377
202112 51.518 100.100 55.172
202203 70.810 101.100 75.082
202206 80.056 101.800 84.303
202209 92.780 103.100 96.470
202212 45.556 104.100 46.913
202303 44.210 104.400 45.396
202306 49.580 105.200 50.523
202309 42.530 106.200 42.930
202312 41.794 106.800 41.951
202403 69.350 107.200 69.350

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


Union Tool Co  (TSE:6278) 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.

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

Shiller PE Ratio=Share Price/E10
=5670.00/189.5
=29.92

* 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 Union Tool Co was 38.41. The lowest was 17.51. And the median was 25.59.


Be Aware

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


Union Tool Co E10 Related Terms

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


Union Tool Co (TSE:6278) Business Description

Traded in Other Exchanges
N/A
Address
Minamioi 6-17-1, Shinagawa-ku, Tokyo, JPN, 140-0013
Union Tools Co is a designer and manufacturer of industrial cutting tools to a broad sector of the global industry. The company's key product includes carbide drill used in the manufacture of Printed Circuit Boards, found in all modern electronics. It also manufactures precision machinery including linear motion guides, diesinking end-mills, and digital measuring equipment for industrial use. The company has operations in Japan, Asia, North America and Europe.

Union Tool Co (TSE:6278) Headlines

No Headlines