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NTT Data Group (TSE:9613) E10 : 円66.57 (As of Dec. 2023)


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What is NTT Data Group 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.

NTT Data Group's adjusted earnings per share data for the three months ended in Dec. 2023 was 円21.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円66.57 for the trailing ten years ended in Dec. 2023.

During the past 12 months, NTT Data Group's average E10 Growth Rate was 14.10% per year. During the past 3 years, the average E10 Growth Rate was 14.50% per year. During the past 5 years, the average E10 Growth Rate was 7.60% 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 NTT Data Group was 14.50% per year. The lowest was -21.90% per year. And the median was -1.20% per year.

As of today (2024-04-27), NTT Data Group's current stock price is 円2432.50. NTT Data Group's E10 for the quarter that ended in Dec. 2023 was 円66.57. NTT Data Group's Shiller PE Ratio of today is 36.54.

During the past 13 years, the highest Shiller PE Ratio of NTT Data Group was 54.15. The lowest was 8.62. And the median was 33.05.


NTT Data Group E10 Historical Data

The historical data trend for NTT Data Group'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.

NTT Data Group E10 Chart

NTT Data Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.04 39.95 42.47 50.95 59.98

NTT Data Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 58.35 59.98 62.24 65.11 66.57

Competitive Comparison of NTT Data Group's E10

For the Information Technology Services subindustry, NTT Data Group'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.


NTT Data Group's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, NTT Data Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where NTT Data Group's Shiller PE Ratio falls into.



NTT Data Group 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, NTT Data Group'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)
=21.91/106.8000*106.8000
=21.910

Current CPI (Dec. 2023) = 106.8000.

NTT Data Group Quarterly Data

per share eps CPI Adj_EPS
201403 9.381 95.700 10.469
201406 0.280 98.000 0.305
201409 4.804 98.500 5.209
201412 10.416 97.900 11.363
201503 7.420 97.900 8.095
201506 5.258 98.400 5.707
201509 5.972 98.500 6.475
201512 20.090 98.100 21.872
201603 13.865 97.900 15.125
201606 7.180 98.100 7.817
201609 13.540 98.000 14.756
201612 11.410 98.400 12.384
201703 14.705 98.100 16.009
201706 12.050 98.500 13.065
201709 13.140 98.800 14.204
201712 14.880 99.400 15.988
201803 18.673 99.200 20.104
201806 14.840 99.200 15.977
201809 12.730 99.900 13.609
201812 14.870 99.700 15.929
201903 24.310 99.700 26.041
201906 14.960 99.800 16.009
201909 13.690 100.100 14.606
201912 12.610 100.500 13.400
202003 12.320 100.300 13.118
202006 13.650 99.900 14.593
202009 15.730 99.900 16.816
202012 19.980 99.300 21.489
202103 5.430 99.900 5.805
202106 22.150 99.500 23.775
202109 29.100 100.100 31.048
202112 27.330 100.100 29.159
202203 23.380 101.100 24.698
202206 28.330 101.800 29.721
202209 23.560 103.100 24.406
202212 23.490 104.100 24.099
202303 31.560 104.400 32.286
202306 19.730 105.200 20.030
202309 18.090 106.200 18.192
202312 21.910 106.800 21.910

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


NTT Data Group  (TSE:9613) 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.

NTT Data Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2432.50/66.57
=36.54

* 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 NTT Data Group was 54.15. The lowest was 8.62. And the median was 33.05.


Be Aware

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


NTT Data Group E10 Related Terms

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


NTT Data Group (TSE:9613) Business Description

Traded in Other Exchanges
Address
Toyosu Center Building, 3-3, Toyosu 3-chome, Koto-ku, Yubinbango, Tokyo, JPN, 135-6033
NTT Data Group Corp Formerly NTT Data Corp provides IT services to a wide range of business fields. The company's operations are divided into three segments: global, public and social infrastructure; enterprise and solutions; and financial. Each segment contributes approximately an even proportion of the company's revenue. The services the company provides include system integration by constructing systems tailored to individual customer needs, multiple Internet and computer network-based information and processing services, consulting that evaluates customers' management issues, system support for large-scale systems, and new IT-based business models. The company is based in Japan but has a global presence.

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