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Izumi Co (TSE:8273) E10 : 円317.78 (As of Nov. 2023)


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What is Izumi 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.

Izumi Co's adjusted earnings per share data for the three months ended in Nov. 2023 was 円56.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円317.78 for the trailing ten years ended in Nov. 2023.

During the past 12 months, Izumi Co's average E10 Growth Rate was 4.90% per year. During the past 3 years, the average E10 Growth Rate was 7.70% per year. During the past 5 years, the average E10 Growth Rate was 4.70% 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 Izumi Co was 8.60% per year. The lowest was 0.50% per year. And the median was 7.70% per year.

As of today (2024-06-06), Izumi Co's current stock price is 円3254.00. Izumi Co's E10 for the quarter that ended in Nov. 2023 was 円317.78. Izumi Co's Shiller PE Ratio of today is 10.24.

During the past 13 years, the highest Shiller PE Ratio of Izumi Co was 31.06. The lowest was 9.33. And the median was 13.54.


Izumi Co E10 Historical Data

The historical data trend for Izumi 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.

Izumi Co E10 Chart

Izumi Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 224.63 245.74 265.66 287.51 306.80

Izumi Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 302.84 306.80 311.59 313.30 317.78

Competitive Comparison of Izumi Co's E10

For the Department Stores subindustry, Izumi 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.


Izumi Co's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Izumi Co's Shiller PE Ratio distribution charts can be found below:

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



Izumi 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, Izumi Co's adjusted earnings per share data for the three months ended in Nov. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=56.84/106.9000*106.9000
=56.840

Current CPI (Nov. 2023) = 106.9000.

Izumi Co Quarterly Data

per share eps CPI Adj_EPS
201402 75.740 95.500 84.781
201405 57.030 98.100 62.146
201408 61.490 98.300 66.870
201411 54.020 97.900 58.986
201502 69.068 97.600 75.649
201505 61.840 98.700 66.978
201508 67.009 98.400 72.797
201511 58.854 98.100 64.133
201602 73.669 97.800 80.524
201605 55.520 98.200 60.439
201608 -12.783 97.900 -13.958
201611 59.128 98.600 64.105
201702 135.580 98.100 147.742
201705 66.480 98.600 72.076
201708 92.050 98.500 99.900
201711 83.550 99.100 90.126
201802 133.750 99.500 143.697
201805 76.890 99.300 82.775
201808 73.626 99.800 78.864
201811 63.216 100.000 67.578
201902 114.041 99.700 122.277
201905 59.120 100.000 63.199
201908 66.008 100.000 70.563
201911 65.930 100.500 70.129
202002 87.388 100.300 93.138
202005 46.430 100.100 49.584
202008 102.613 100.100 109.584
202011 76.820 99.500 82.533
202102 95.845 99.800 102.664
202105 70.970 99.400 76.325
202108 78.840 99.700 84.534
202111 79.070 100.100 84.441
202202 95.570 100.700 101.454
202205 74.090 101.800 77.802
202208 74.680 102.700 77.734
202211 64.750 103.900 66.620
202302 110.831 104.000 113.921
202305 77.350 105.100 78.675
202308 68.940 105.900 69.591
202311 56.840 106.900 56.840

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


Izumi Co  (TSE:8273) 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.

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

Shiller PE Ratio=Share Price/E10
=3254.00/317.78
=10.24

* 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 Izumi Co was 31.06. The lowest was 9.33. And the median was 13.54.


Be Aware

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


Izumi Co E10 Related Terms

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


Izumi Co (TSE:8273) Business Description

Traded in Other Exchanges
Address
3-3-1 Futabanosato, Higashi-ku, Hiroshima, JPN, 732-8555
Izumi Co Ltd is engaged in operating shopping centres, general merchandising stores, clothing, household goods and food products. Most of the stores are located in Kyushu Region, Chugoku Region, and Shikoku Region in Japan. The company operates through segments including retail, retail-peripheral operations, and other. The retail segment is engaged in the retail business through shopping centres. The retail-peripheral operations segment consists of a credit and finance business, shop facility management, and restaurant operation, which deliver the vast majority of the business' income. The other segment includes wholesale and real estate operations.

Izumi Co (TSE:8273) Headlines

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