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Optex Group Co (TSE:6914) E10 : 円91.10 (As of Mar. 2024)


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What is Optex Group 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.

Optex Group Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円36.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円91.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Optex Group Co's average E10 Growth Rate was 11.10% per year. During the past 3 years, the average E10 Growth Rate was 15.00% per year. During the past 5 years, the average E10 Growth Rate was 10.90% 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 Optex Group Co was 15.00% per year. The lowest was 7.50% per year. And the median was 10.50% per year.

As of today (2024-05-31), Optex Group Co's current stock price is 円1709.00. Optex Group Co's E10 for the quarter that ended in Mar. 2024 was 円91.10. Optex Group Co's Shiller PE Ratio of today is 18.76.

During the past 13 years, the highest Shiller PE Ratio of Optex Group Co was 82.04. The lowest was 15.19. And the median was 26.08.


Optex Group Co E10 Historical Data

The historical data trend for Optex Group 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.

Optex Group Co E10 Chart

Optex Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.66 58.68 66.23 79.68 89.24

Optex Group 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 81.98 83.62 86.62 89.24 91.10

Competitive Comparison of Optex Group Co's E10

For the Electronic Components subindustry, Optex Group 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.


Optex Group Co's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Optex Group 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, Optex Group 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)
=36.34/107.2000*107.2000
=36.340

Current CPI (Mar. 2024) = 107.2000.

Optex Group Co Quarterly Data

per share eps CPI Adj_EPS
201406 6.365 98.000 6.963
201409 17.335 98.500 18.866
201412 14.804 97.900 16.210
201503 17.310 97.900 18.954
201506 14.670 98.400 15.982
201509 13.130 98.500 14.290
201512 16.845 98.100 18.408
201603 14.350 97.900 15.713
201606 7.180 98.100 7.846
201609 13.540 98.000 14.811
201612 19.550 98.400 21.298
201703 24.330 98.100 26.587
201706 29.050 98.500 31.616
201709 21.750 98.800 23.599
201712 22.350 99.400 24.104
201803 23.380 99.200 25.265
201806 32.750 99.200 35.391
201809 22.150 99.900 23.769
201812 26.370 99.700 28.354
201903 13.550 99.700 14.569
201906 11.500 99.800 12.353
201909 11.760 100.100 12.594
201912 23.050 100.500 24.587
202003 9.820 100.300 10.496
202006 6.330 99.900 6.793
202009 3.500 99.900 3.756
202012 18.770 99.300 20.263
202103 29.100 99.900 31.226
202106 23.750 99.500 25.588
202109 28.360 100.100 30.372
202112 22.390 100.100 23.978
202203 48.780 101.100 51.723
202206 38.510 101.800 40.553
202209 39.120 103.100 40.676
202212 6.450 104.100 6.642
202303 33.050 104.400 33.936
202306 22.390 105.200 22.816
202309 39.540 106.200 39.912
202312 33.700 106.800 33.826
202403 36.340 107.200 36.340

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


Optex Group Co  (TSE:6914) 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.

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

Shiller PE Ratio=Share Price/E10
=1709.00/91.1
=18.76

* 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 Optex Group Co was 82.04. The lowest was 15.19. And the median was 26.08.


Be Aware

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


Optex Group Co E10 Related Terms

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


Optex Group Co (TSE:6914) Business Description

Traded in Other Exchanges
N/A
Address
5-8-12, Ogoto Otsu, Shiga, JPN, 520-0101
Optex Group Co Ltd is a Japan sensors and related system manufacturing company. It offers its services in the field of security, factory automation, etc. It operates in four business segments namely, sensing segment, factory automation segment, machine vision lighting segment and contract manufacturing segment. Its products include CCTV lighting and other various sensor systems, automatic door sensor and shutter, lighting control, factory automation, industrial LED lighting, temperature measuring systems, water quality measuring systems, store management system, safety drive support system, building automation and Video Analytics Software. The company generates maximum revenue from sensing segment.

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