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Stanley Electric Co (TSE:6923) E10 : 円172.29 (As of Dec. 2023)


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What is Stanley Electric 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.

Stanley Electric Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円35.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円172.29 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Stanley Electric Co's average E10 Growth Rate was -100.00% 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 Stanley Electric Co was 4.20% per year. The lowest was 2.50% per year. And the median was 2.60% per year.

As of today (2024-06-03), Stanley Electric Co's current stock price is 円2885.50. Stanley Electric Co's E10 for the quarter that ended in Dec. 2023 was 円172.29. Stanley Electric Co's Shiller PE Ratio of today is 16.75.

During the past 13 years, the highest Shiller PE Ratio of Stanley Electric Co was 31.02. The lowest was 11.94. And the median was 18.06.


Stanley Electric Co E10 Historical Data

The historical data trend for Stanley Electric 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.

Stanley Electric Co E10 Chart

Stanley Electric 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 152.05 155.32 162.07 172.05 -

Stanley Electric 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 172.05 171.15 172.15 172.29 -

Competitive Comparison of Stanley Electric Co's E10

For the Auto Parts subindustry, Stanley Electric 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.


Stanley Electric Co's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stanley Electric Co's Shiller PE Ratio distribution charts can be found below:

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



Stanley Electric 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, Stanley Electric Co's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=35.51/106.8000*106.8000
=35.510

Current CPI (Dec. 2023) = 106.8000.

Stanley Electric Co Quarterly Data

per share eps CPI Adj_EPS
201403 35.330 95.700 39.428
201406 33.500 98.000 36.508
201409 37.630 98.500 40.801
201412 38.420 97.900 41.913
201503 40.130 97.900 43.778
201506 36.420 98.400 39.529
201509 23.010 98.500 24.949
201512 43.310 98.100 47.151
201603 50.060 97.900 54.611
201606 28.600 98.100 31.136
201609 36.500 98.000 39.778
201612 49.480 98.400 53.704
201703 57.960 98.100 63.100
201706 40.970 98.500 44.422
201709 52.790 98.800 57.064
201712 59.130 99.400 63.532
201803 65.010 99.200 69.991
201806 60.750 99.200 65.404
201809 56.350 99.900 60.242
201812 64.010 99.700 68.568
201903 64.430 99.700 69.018
201906 57.690 99.800 61.736
201909 38.440 100.100 41.013
201912 45.080 100.500 47.906
202003 -27.060 100.300 -28.814
202006 -8.030 99.900 -8.585
202009 31.430 99.900 33.601
202012 62.610 99.300 67.339
202103 56.370 99.900 60.263
202106 37.710 99.500 40.477
202109 20.410 100.100 21.776
202112 34.220 100.100 36.510
202203 41.390 101.100 43.724
202206 16.090 101.800 16.880
202209 48.310 103.100 50.044
202212 22.260 104.100 22.837
202303 75.088 104.400 76.814
202306 14.270 105.200 14.487
202309 34.510 106.200 34.705
202312 35.510 106.800 35.510

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


Stanley Electric Co  (TSE:6923) 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.

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

Shiller PE Ratio=Share Price/E10
=2885.50/172.29
=16.75

* 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 Stanley Electric Co was 31.02. The lowest was 11.94. And the median was 18.06.


Be Aware

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


Stanley Electric Co E10 Related Terms

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


Stanley Electric Co (TSE:6923) Business Description

Traded in Other Exchanges
Address
2-9-13 Nakameguro, Meguro-ku, Tokyo, JPN, 153-8636
Stanley Electric Co Ltd makes LED lighting products and operates under three business segments: automotive equipment, electronic components, and applied electronic products. In its automotive equipment business, Stanley Electric produces and sells LED and HID headlamps, rear combination lamps, fog lamps, and automotive and LED bulbs. This business segment generates the lion's share of sales. In its other segments, Stanley Electric makes LEDs, infrared LED lamps, optical sensors, LCDs, subminiature lamps, backlight units for LCDs, flash units for cameras, and operation panels. The largest end markets include Japan, China and Asia-Pacific, and the Americas.

Stanley Electric Co (TSE:6923) Headlines

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