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Sincere Co (TSE:7782) E10 : 円22.57 (As of Mar. 2024)


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What is Sincere 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.

Sincere Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was 円46.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円22.57 for the trailing ten years ended in Dec. 2023.

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.

As of today (2024-05-27), Sincere Co's current stock price is 円 462.00. Sincere Co's E10 for the fiscal year that ended in Dec. 2023 was 円22.57. Sincere Co's Shiller PE Ratio of today is 20.47.

During the past 10 years, the highest Shiller PE Ratio of Sincere Co was 26.14. The lowest was 20.87. And the median was 23.22.


Sincere Co E10 Historical Data

The historical data trend for Sincere 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.

Sincere Co E10 Chart

Sincere 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 - - - - 22.57

Sincere 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 - - - 22.57 -

Competitive Comparison of Sincere Co's E10

For the Medical Instruments & Supplies subindustry, Sincere 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.


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

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

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



Sincere 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, Sincere Co's adjusted earnings per share data for the fiscal year that ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=46.47/106.8000*106.8000
=46.470

Current CPI (Dec. 2023) = 106.8000.

Sincere Co Annual Data

per_share_eps CPI Adj_EPS
201412 32.788 97.900 35.769
201512 13.480 98.100 14.675
201612 27.760 98.400 30.130
201712 31.560 99.400 33.910
201812 2.330 99.700 2.496
201912 12.150 100.500 12.912
202012 22.700 99.300 24.415
202112 13.320 100.100 14.212
202212 10.460 104.100 10.731
202312 46.470 106.800 46.470

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


Sincere Co  (TSE:7782) 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.

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

Shiller PE Ratio=Share Price/E10
=462.00/22.57
=20.47

* 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 10 years, the highest Shiller P/E Ratio of Sincere Co was 26.14. The lowest was 20.87. And the median was 23.22.


Be Aware

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


Sincere Co E10 Related Terms

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


Sincere Co (TSE:7782) Business Description

Traded in Other Exchanges
N/A
Address
30-1, Nihonbashi hakozaki cho, Tama building Nihonbashi Hakozaki, 10th Floor, Chuo-ku, Tokyo, JPN, 103-0015
Sincere Co Ltd is a Japanese firm engaged in the manufacturing and sale of contact lens. It offers daily disposable malleable contact lens, color contact lens, and conventional disposable soft contact lens.

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