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Medikit Co (TSE:7749) E10 : 円162.42 (As of Dec. 2023)


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What is Medikit 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.

Medikit Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円48.304. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円162.42 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Medikit 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 Medikit Co was 5.40% per year. The lowest was -2.50% per year. And the median was 4.90% per year.

As of today (2024-05-31), Medikit Co's current stock price is 円2819.00. Medikit Co's E10 for the quarter that ended in Dec. 2023 was 円162.42. Medikit Co's Shiller PE Ratio of today is 17.36.

During the past 13 years, the highest Shiller PE Ratio of Medikit Co was 30.80. The lowest was 15.18. And the median was 22.12.


Medikit Co E10 Historical Data

The historical data trend for Medikit 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.

Medikit Co E10 Chart

Medikit 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 131.81 135.14 143.13 154.19 -

Medikit 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 154.19 156.65 159.87 162.42 -

Competitive Comparison of Medikit Co's E10

For the Medical Instruments & Supplies subindustry, Medikit 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.


Medikit Co's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medikit Co's Shiller PE Ratio distribution charts can be found below:

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



Medikit 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, Medikit 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)
=48.304/106.8000*106.8000
=48.304

Current CPI (Dec. 2023) = 106.8000.

Medikit Co Quarterly Data

per share eps CPI Adj_EPS
201403 31.901 95.700 35.601
201406 22.315 98.000 24.319
201409 28.055 98.500 30.419
201412 31.510 97.900 34.375
201503 37.430 97.900 40.833
201506 25.295 98.400 27.454
201509 32.160 98.500 34.870
201512 36.585 98.100 39.830
201603 42.050 97.900 45.873
201606 27.380 98.100 29.808
201609 31.715 98.000 34.563
201612 28.983 98.400 31.457
201703 47.323 98.100 51.520
201706 32.320 98.500 35.043
201709 34.280 98.800 37.056
201712 43.004 99.400 46.206
201803 35.785 99.200 38.527
201806 24.640 99.200 26.528
201809 37.150 99.900 39.716
201812 45.139 99.700 48.354
201903 45.018 99.700 48.224
201906 34.620 99.800 37.048
201909 39.627 100.100 42.279
201912 48.786 100.500 51.844
202003 47.290 100.300 50.355
202006 28.650 99.900 30.629
202009 34.199 99.900 36.561
202012 46.340 99.300 49.840
202103 48.170 99.900 51.497
202106 40.210 99.500 43.160
202109 43.120 100.100 46.006
202112 45.320 100.100 48.353
202203 49.490 101.100 52.280
202206 32.040 101.800 33.614
202209 39.250 103.100 40.659
202212 55.520 104.100 56.960
202303 43.860 104.400 44.868
202306 33.620 105.200 34.131
202309 45.020 106.200 45.274
202312 48.304 106.800 48.304

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


Medikit Co  (TSE:7749) 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.

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

Shiller PE Ratio=Share Price/E10
=2819.00/162.42
=17.36

* 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 Medikit Co was 30.80. The lowest was 15.18. And the median was 22.12.


Be Aware

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


Medikit Co E10 Related Terms

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


Medikit Co (TSE:7749) Business Description

Traded in Other Exchanges
N/A
Address
1-13-2 ,Yushima, Bunkyo-Ku, Tokyo, JPN, 113 0034
Medikit Co Ltd develops, manufactures and sells medical equipment. The company's products offerings are IV Catheter, Hemodialysis, Inner needle, Blood control cap, among others.

Medikit Co (TSE:7749) Headlines

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