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Mitsubishi Logistics (TSE:9301) E10 : 円222.68 (As of Mar. 2024)


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What is Mitsubishi Logistics 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.

Mitsubishi Logistics's adjusted earnings per share data for the three months ended in Mar. 2024 was 円42.098. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円222.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mitsubishi Logistics's average E10 Growth Rate was 15.80% per year. During the past 3 years, the average E10 Growth Rate was 14.40% per year. During the past 5 years, the average E10 Growth Rate was 17.10% 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 Mitsubishi Logistics was 20.00% per year. The lowest was 13.80% per year. And the median was 15.25% per year.

As of today (2024-05-24), Mitsubishi Logistics's current stock price is 円5153.00. Mitsubishi Logistics's E10 for the quarter that ended in Mar. 2024 was 円222.68. Mitsubishi Logistics's Shiller PE Ratio of today is 23.14.

During the past 13 years, the highest Shiller PE Ratio of Mitsubishi Logistics was 30.84. The lowest was 15.46. And the median was 22.61.


Mitsubishi Logistics E10 Historical Data

The historical data trend for Mitsubishi Logistics'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.

Mitsubishi Logistics E10 Chart

Mitsubishi Logistics 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 111.42 148.61 163.30 192.33 222.68

Mitsubishi Logistics 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 192.33 198.29 202.76 219.26 222.68

Competitive Comparison of Mitsubishi Logistics's E10

For the Integrated Freight & Logistics subindustry, Mitsubishi Logistics'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.


Mitsubishi Logistics's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mitsubishi Logistics's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mitsubishi Logistics's Shiller PE Ratio falls into.



Mitsubishi Logistics 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, Mitsubishi Logistics's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=42.098/107.2000*107.2000
=42.098

Current CPI (Mar. 2024) = 107.2000.

Mitsubishi Logistics Quarterly Data

per share eps CPI Adj_EPS
201406 31.900 98.000 34.895
201409 19.740 98.500 21.484
201412 37.520 97.900 41.084
201503 15.078 97.900 16.510
201506 30.120 98.400 32.814
201509 28.220 98.500 30.713
201512 32.039 98.100 35.011
201603 16.346 97.900 17.899
201606 27.540 98.100 30.095
201609 30.238 98.000 33.077
201612 45.070 98.400 49.101
201703 18.882 98.100 20.634
201706 36.020 98.500 39.201
201709 36.960 98.800 40.102
201712 32.341 99.400 34.879
201803 14.730 99.200 15.918
201806 32.340 99.200 34.948
201809 31.566 99.900 33.873
201812 36.133 99.700 38.851
201903 31.978 99.700 34.384
201906 34.580 99.800 37.144
201909 45.520 100.100 48.749
201912 38.363 100.500 40.921
202003 18.729 100.300 20.017
202006 18.970 99.900 20.356
202009 335.700 99.900 360.231
202012 28.858 99.300 31.154
202103 76.588 99.900 82.185
202106 39.720 99.500 42.794
202109 43.550 100.100 46.639
202112 61.680 100.100 66.055
202203 74.520 101.100 79.016
202206 104.360 101.800 109.896
202209 57.280 103.100 59.558
202212 107.970 104.100 111.185
202303 72.250 104.400 74.188
202306 69.570 105.200 70.893
202309 51.690 106.200 52.177
202312 195.350 106.800 196.082
202403 42.098 107.200 42.098

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


Mitsubishi Logistics  (TSE:9301) 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.

Mitsubishi Logistics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5153.00/222.68
=23.14

* 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 Mitsubishi Logistics was 30.84. The lowest was 15.46. And the median was 22.61.


Be Aware

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


Mitsubishi Logistics E10 Related Terms

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


Mitsubishi Logistics (TSE:9301) Business Description

Traded in Other Exchanges
Address
19-1, Nihonbashi, Nihonbashi Dia Building, 1-chome Chuo-ku, Tokyo, JPN, 103-8630
Mitsubishi Logistics Corp is a logistics and real estate investment company, domiciled in Japan. The company organizes itself into two segments: logistics and real estate. Logistics, which contributes the majority of revenue, includes warehousing; air, ocean, and rail transportation; port-terminal operations; and international freight forwarding. The real estate segment buys, sells, and lease office buildings and other commercial real estates. Mitsubishi Logistics derives the vast majority of revenue domestically.

Mitsubishi Logistics (TSE:9301) Headlines

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