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Kanamoto Co (TSE:9678) E10 : 円268.64 (As of Jan. 2024)


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What is Kanamoto 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.

Kanamoto Co's adjusted earnings per share data for the three months ended in Jan. 2024 was 円49.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円268.64 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Kanamoto Co's average E10 Growth Rate was 0.70% per year. During the past 3 years, the average E10 Growth Rate was 6.60% per year. During the past 5 years, the average E10 Growth Rate was 9.10% 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 Kanamoto Co was 14.40% per year. The lowest was 6.60% per year. And the median was 10.25% per year.

As of today (2024-06-10), Kanamoto Co's current stock price is 円2565.00. Kanamoto Co's E10 for the quarter that ended in Jan. 2024 was 円268.64. Kanamoto Co's Shiller PE Ratio of today is 9.55.

During the past 13 years, the highest Shiller PE Ratio of Kanamoto Co was 25.88. The lowest was 7.31. And the median was 10.54.


Kanamoto Co E10 Historical Data

The historical data trend for Kanamoto 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.

Kanamoto Co E10 Chart

Kanamoto Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 209.00 226.43 246.54 266.79 274.60

Kanamoto Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 266.82 265.82 267.57 274.60 268.64

Competitive Comparison of Kanamoto Co's E10

For the Rental & Leasing Services subindustry, Kanamoto 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.


Kanamoto Co's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kanamoto Co's Shiller PE Ratio distribution charts can be found below:

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



Kanamoto 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, Kanamoto Co's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=49.47/106.9000*106.9000
=49.470

Current CPI (Jan. 2024) = 106.9000.

Kanamoto Co Quarterly Data

per share eps CPI Adj_EPS
201404 63.960 97.700 69.983
201407 42.820 98.100 46.661
201410 58.407 98.200 63.582
201501 112.720 97.800 123.208
201504 68.420 98.400 74.330
201507 26.940 98.300 29.297
201510 58.190 98.500 63.152
201601 71.700 97.700 78.452
201604 68.870 98.100 75.048
201607 26.080 97.900 28.478
201610 62.508 98.600 67.770
201701 88.520 98.200 96.362
201704 94.510 98.500 102.570
201707 39.107 98.300 42.528
201710 81.892 98.800 88.606
201801 96.840 99.500 104.042
201804 93.749 99.100 101.128
201807 43.010 99.200 46.348
201810 101.926 100.200 108.741
201901 64.300 99.700 68.944
201904 123.320 100.000 131.829
201907 33.350 99.800 35.723
201910 74.330 100.400 79.142
202001 65.480 100.500 69.650
202004 72.850 100.200 77.721
202007 21.136 100.000 22.594
202010 61.360 99.800 65.725
202101 59.950 99.800 64.215
202104 70.860 99.100 76.437
202107 49.800 99.700 53.396
202110 54.940 99.900 58.790
202201 55.040 100.300 58.662
202204 66.500 101.500 70.038
202207 37.545 102.300 39.233
202210 65.370 103.700 67.387
202301 47.310 104.700 48.304
202304 32.889 105.100 33.452
202307 35.940 105.700 36.348
202310 69.190 107.100 69.061
202401 49.470 106.900 49.470

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


Kanamoto Co  (TSE:9678) 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.

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

Shiller PE Ratio=Share Price/E10
=2565.00/268.64
=9.55

* 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 Kanamoto Co was 25.88. The lowest was 7.31. And the median was 10.54.


Be Aware

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


Kanamoto Co E10 Related Terms

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


Kanamoto Co (TSE:9678) Business Description

Traded in Other Exchanges
Address
1-19, Odori Higashi 3-chome Chuo-ku, Sapporo, Hokkaido, JPN, 060-0041
Kanamoto Co Ltd is a provider of construction equipment rentals. The company operates three business segments: construction equipment rental, steel products, and computing products. The construction equipment rental business is Kanamoto's core business, accounting for most of the company's revenue. The company owns various hand tools and construction equipment, such as dump trucks and hydraulic excavators, which it rents out to its customers. The steel products business sells various construction materials for engineering and construction works. The computing products business provides rentals and sale of computer-related equipment. Kanamoto operates in Asia.

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