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Elecom Co (TSE:6750) E10 : 円98.35 (As of Mar. 2024)


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What is Elecom 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.

Elecom Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円39.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円98.35 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Elecom Co's average E10 Growth Rate was 10.50% per year. During the past 3 years, the average E10 Growth Rate was 10.50% per year. During the past 5 years, the average E10 Growth Rate was 12.20% 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 Elecom Co was 15.90% per year. The lowest was 10.50% per year. And the median was 12.70% per year.

As of today (2024-06-09), Elecom Co's current stock price is 円1582.00. Elecom Co's E10 for the quarter that ended in Mar. 2024 was 円98.35. Elecom Co's Shiller PE Ratio of today is 16.09.

During the past 13 years, the highest Shiller PE Ratio of Elecom Co was 40.87. The lowest was 13.83. And the median was 26.22.


Elecom Co E10 Historical Data

The historical data trend for Elecom 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.

Elecom Co E10 Chart

Elecom 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 64.96 72.96 80.99 89.03 98.35

Elecom 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 89.03 91.90 93.70 95.31 98.35

Competitive Comparison of Elecom Co's E10

For the Computer Hardware subindustry, Elecom 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.


Elecom Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Elecom Co's Shiller PE Ratio distribution charts can be found below:

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



Elecom 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, Elecom 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)
=39.87/107.2000*107.2000
=39.870

Current CPI (Mar. 2024) = 107.2000.

Elecom Co Quarterly Data

per share eps CPI Adj_EPS
201406 10.715 98.000 11.721
201409 11.645 98.500 12.674
201412 16.178 97.900 17.715
201503 11.810 97.900 12.932
201506 12.250 98.400 13.346
201509 13.735 98.500 14.948
201512 20.155 98.100 22.025
201603 13.165 97.900 14.416
201606 16.815 98.100 18.375
201609 17.600 98.000 19.252
201612 20.840 98.400 22.704
201703 24.605 98.100 26.887
201706 16.780 98.500 18.262
201709 18.955 98.800 20.567
201712 24.500 99.400 26.423
201803 23.160 99.200 25.028
201806 20.290 99.200 21.926
201809 23.755 99.900 25.491
201812 27.600 99.700 29.676
201903 17.435 99.700 18.747
201906 26.410 99.800 28.368
201909 26.520 100.100 28.401
201912 29.470 100.500 31.435
202003 29.775 100.300 31.823
202006 29.430 99.900 31.581
202009 28.970 99.900 31.087
202012 33.040 99.300 35.669
202103 27.530 99.900 29.542
202106 28.210 99.500 30.393
202109 23.720 100.100 25.402
202112 33.470 100.100 35.844
202203 29.360 101.100 31.131
202206 22.640 101.800 23.841
202209 28.220 103.100 29.342
202212 23.220 104.100 23.911
202303 21.222 104.400 21.791
202306 29.680 105.200 30.244
202309 24.500 106.200 24.731
202312 25.890 106.800 25.987
202403 39.870 107.200 39.870

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


Elecom Co  (TSE:6750) 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.

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

Shiller PE Ratio=Share Price/E10
=1582.00/98.35
=16.09

* 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 Elecom Co was 40.87. The lowest was 13.83. And the median was 26.22.


Be Aware

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


Elecom Co E10 Related Terms

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


Elecom Co (TSE:6750) Business Description

Traded in Other Exchanges
Address
4-1-1 Fushimi-cho, Meiji Yasuda Life Osaka Midosuji Building 9th Floor, Chuo-ku, Osaka, JPN, 541-8765
Elecom Co Ltd is a Japan-based company which is engaged in the development, manufacture and sale of personal computer- and digital-equipment-related products through its subsidiaries. Its products portfolio includes personal computers, smartphones, televisions, digital photo frames, batteries, weight scales, digital cameras, digital video cameras, electronic dictionaries, speakers, game machines, light-emitting diode (LED) lighting devices, and others. The company also supplies peripherals, I/O devices, and PC accessories, such as mouse pads, mice and keyboards.

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