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Ricoh Leasing Co (TSE:8566) E10 : 円409.17 (As of Dec. 2023)


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What is Ricoh Leasing 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.

Ricoh Leasing Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円94.016. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円409.17 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ricoh Leasing 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 Ricoh Leasing Co was 5.10% per year. The lowest was 3.20% per year. And the median was 4.70% per year.

As of today (2024-05-22), Ricoh Leasing Co's current stock price is 円5160.00. Ricoh Leasing Co's E10 for the quarter that ended in Dec. 2023 was 円409.17. Ricoh Leasing Co's Shiller PE Ratio of today is 12.61.

During the past 13 years, the highest Shiller PE Ratio of Ricoh Leasing Co was 13.56. The lowest was 7.36. And the median was 10.17.


Ricoh Leasing Co E10 Historical Data

The historical data trend for Ricoh Leasing 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.

Ricoh Leasing Co E10 Chart

Ricoh Leasing 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 344.23 358.20 374.47 399.31 -

Ricoh Leasing 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 399.31 396.71 406.24 409.17 -

Competitive Comparison of Ricoh Leasing Co's E10

For the Credit Services subindustry, Ricoh Leasing 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.


Ricoh Leasing Co's Shiller PE Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ricoh Leasing Co's Shiller PE Ratio distribution charts can be found below:

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



Ricoh Leasing 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, Ricoh Leasing 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)
=94.016/106.8000*106.8000
=94.016

Current CPI (Dec. 2023) = 106.8000.

Ricoh Leasing Co Quarterly Data

per share eps CPI Adj_EPS
201403 71.628 95.700 79.936
201406 79.140 98.000 86.246
201409 86.580 98.500 93.876
201412 81.190 97.900 88.571
201503 77.800 97.900 84.873
201506 86.780 98.400 94.188
201509 89.210 98.500 96.727
201512 89.800 98.100 97.764
201603 88.158 97.900 96.172
201606 95.050 98.100 103.480
201609 97.864 98.000 106.652
201612 93.270 98.400 101.232
201703 90.913 98.100 98.976
201706 97.140 98.500 105.325
201709 87.421 98.800 94.500
201712 93.510 99.400 100.472
201803 84.090 99.200 90.532
201806 96.580 99.200 103.979
201809 95.238 99.900 101.816
201812 102.126 99.700 109.399
201903 88.630 99.700 94.942
201906 102.690 99.800 109.893
201909 98.870 100.100 105.488
201912 107.510 100.500 114.249
202003 73.674 100.300 78.448
202006 70.260 99.900 75.113
202009 126.040 99.900 134.745
202012 125.710 99.300 135.205
202103 67.900 99.900 72.590
202106 123.760 99.500 132.840
202109 133.740 100.100 142.692
202112 129.860 100.100 138.552
202203 49.980 101.100 52.798
202206 153.410 101.800 160.945
202209 121.520 103.100 125.881
202212 125.353 104.100 128.604
202303 82.410 104.400 84.304
202306 30.650 105.200 31.116
202309 143.716 106.200 144.528
202312 94.016 106.800 94.016

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


Ricoh Leasing Co  (TSE:8566) 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.

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

Shiller PE Ratio=Share Price/E10
=5160.00/409.17
=12.61

* 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 Ricoh Leasing Co was 13.56. The lowest was 7.36. And the median was 10.17.


Be Aware

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


Ricoh Leasing Co E10 Related Terms

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


Ricoh Leasing Co (TSE:8566) Business Description

Traded in Other Exchanges
N/A
Address
1-7-12 Shinonome, Koto-ku, Tokyo, JPN, 135-8518
Ricoh Leasing has two primary businesses: lease and installments, and financial services. The lease and installments business, which accounts for the vast majority of the company's revenue, provides business leasing, rental, installment, and credit products for business equipment, information-related equipment, medical equipment, and environment-related equipment. In the financial-services business, Ricoh provides loans to individuals, doctors, and corporations. It also serves as an agent to collect accounts receivable and provide billing services, and it has a credit card business and an asset-management service.

Ricoh Leasing Co (TSE:8566) Headlines

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