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Kurita Water Industries (TSE:6370) E10 : 円161.87 (As of Mar. 2024)


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What is Kurita Water Industries 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.

Kurita Water Industries's adjusted earnings per share data for the three months ended in Mar. 2024 was 円64.808. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円161.87 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kurita Water Industries's average E10 Growth Rate was 15.00% per year. During the past 3 years, the average E10 Growth Rate was 9.10% per year. During the past 5 years, the average E10 Growth Rate was 5.90% 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 Kurita Water Industries was 9.10% per year. The lowest was -1.70% per year. And the median was 3.70% per year.

As of today (2024-06-08), Kurita Water Industries's current stock price is 円6614.00. Kurita Water Industries's E10 for the quarter that ended in Mar. 2024 was 円161.87. Kurita Water Industries's Shiller PE Ratio of today is 40.86.

During the past 13 years, the highest Shiller PE Ratio of Kurita Water Industries was 48.36. The lowest was 17.56. And the median was 32.39.


Kurita Water Industries E10 Historical Data

The historical data trend for Kurita Water Industries'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.

Kurita Water Industries E10 Chart

Kurita Water Industries 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 122.14 124.55 128.67 140.76 161.87

Kurita Water Industries 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 140.76 145.22 150.59 157.68 161.87

Competitive Comparison of Kurita Water Industries's E10

For the Pollution & Treatment Controls subindustry, Kurita Water Industries'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.


Kurita Water Industries's Shiller PE Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Kurita Water Industries's Shiller PE Ratio falls into.



Kurita Water Industries 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, Kurita Water Industries'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)
=64.808/107.2000*107.2000
=64.808

Current CPI (Mar. 2024) = 107.2000.

Kurita Water Industries Quarterly Data

per share eps CPI Adj_EPS
201406 17.920 98.000 19.602
201409 31.470 98.500 34.250
201412 15.330 97.900 16.786
201503 23.090 97.900 25.283
201506 20.210 98.400 22.017
201509 29.312 98.500 31.901
201512 30.462 98.100 33.288
201603 28.080 97.900 30.747
201606 22.770 98.100 24.882
201609 33.538 98.000 36.686
201612 30.999 98.400 33.771
201703 37.780 98.100 41.285
201706 22.100 98.500 24.052
201709 43.890 98.800 47.622
201712 54.610 99.400 58.895
201803 38.762 99.200 41.888
201806 13.040 99.200 14.092
201809 38.400 99.900 41.206
201812 17.710 99.700 19.042
201903 38.180 99.700 41.052
201906 65.070 99.800 69.895
201909 55.190 100.100 59.105
201912 30.760 100.500 32.811
202003 11.844 100.300 12.659
202006 35.020 99.900 37.579
202009 59.420 99.900 63.762
202012 36.450 99.300 39.350
202103 39.042 99.900 41.895
202106 33.290 99.500 35.866
202109 17.480 100.100 18.720
202112 56.300 100.100 60.293
202203 57.300 101.100 60.757
202206 43.290 101.800 45.586
202209 66.860 103.100 69.519
202212 69.120 104.100 71.178
202303 -0.140 104.400 -0.144
202306 50.670 105.200 51.633
202309 61.370 106.200 61.948
202312 82.840 106.800 83.150
202403 64.808 107.200 64.808

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


Kurita Water Industries  (TSE:6370) 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.

Kurita Water Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6614.00/161.87
=40.86

* 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 Kurita Water Industries was 48.36. The lowest was 17.56. And the median was 32.39.


Be Aware

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


Kurita Water Industries E10 Related Terms

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


Kurita Water Industries (TSE:6370) Business Description

Traded in Other Exchanges
Address
Nakano Central Park East , 4-10-1, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments, The Water Treatment Chemical segment, and The Water Treatment Equipment segment. The Water Treatment Chemical segment sells water treatment-related chemicals, for air conditioning, petroleum refining, pulp and paper processing-related applications. The Water Treatment Equipment segment manufactures and sells water production systems, drinking water treatment equipment, water and wastewater treatment equipment for various industries. Additionally, the segment is also responsible for supplying ultrapure water, the provision of maintenance service and the operation of water treatment facilities.

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