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Arcs Co (TSE:9948) E10 : 円185.73 (As of Feb. 2024)


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What is Arcs 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.

Arcs Co's adjusted earnings per share data for the three months ended in Feb. 2024 was 円71.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円185.73 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Arcs Co's average E10 Growth Rate was 7.70% per year. During the past 3 years, the average E10 Growth Rate was 1.50% per year. During the past 5 years, the average E10 Growth Rate was 1.30% 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 Arcs Co was 1.50% per year. The lowest was -0.70% per year. And the median was 0.00% per year.

As of today (2024-06-06), Arcs Co's current stock price is 円2948.00. Arcs Co's E10 for the quarter that ended in Feb. 2024 was 円185.73. Arcs Co's Shiller PE Ratio of today is 15.87.

During the past 13 years, the highest Shiller PE Ratio of Arcs Co was 17.47. The lowest was 8.85. And the median was 13.34.


Arcs Co E10 Historical Data

The historical data trend for Arcs 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.

Arcs Co E10 Chart

Arcs Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 169.74 177.87 166.05 172.39 185.73

Arcs Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 172.39 176.22 179.81 182.68 185.73

Competitive Comparison of Arcs Co's E10

For the Department Stores subindustry, Arcs 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.


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

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

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



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

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=71/106.9000*106.9000
=71.000

Current CPI (Feb. 2024) = 106.9000.

Arcs Co Quarterly Data

per share eps CPI Adj_EPS
201405 34.470 98.100 37.562
201408 41.930 98.300 45.598
201411 73.810 97.900 80.595
201502 -5.180 97.600 -5.674
201505 31.680 98.700 34.312
201508 46.340 98.400 50.343
201511 31.460 98.100 34.282
201602 8.312 97.800 9.085
201605 48.240 98.200 52.514
201608 57.161 97.900 62.416
201611 42.300 98.600 45.861
201702 41.090 98.100 44.776
201705 41.200 98.600 44.668
201708 49.660 98.500 53.895
201711 35.836 99.100 38.657
201802 58.360 99.500 62.700
201805 43.030 99.300 46.323
201808 51.650 99.800 55.324
201811 33.790 100.000 36.122
201902 53.862 99.700 57.752
201905 33.170 100.000 35.459
201908 46.530 100.000 49.741
201911 19.650 100.500 20.901
202002 22.185 100.300 23.645
202005 75.250 100.100 80.362
202008 59.660 100.100 63.713
202011 41.148 99.500 44.208
202102 53.530 99.800 57.338
202105 51.050 99.400 54.902
202108 54.994 99.700 58.965
202111 36.640 100.100 39.129
202202 39.780 100.700 42.229
202205 51.060 101.800 53.618
202208 47.282 102.700 49.216
202211 40.137 103.900 41.296
202302 38.960 104.000 40.046
202305 53.810 105.100 54.732
202308 50.470 105.900 50.947
202311 38.750 106.900 38.750
202402 71.000 106.900 71.000

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


Arcs Co  (TSE:9948) 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.

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

Shiller PE Ratio=Share Price/E10
=2948.00/185.73
=15.87

* 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 Arcs Co was 17.47. The lowest was 8.85. And the median was 13.34.


Be Aware

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


Arcs Co E10 Related Terms

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


Arcs Co (TSE:9948) Business Description

Traded in Other Exchanges
N/A
Address
11-2-32, Minami 13-jo Nishi, Chuo-ku, Sapporo, JPN, 064-8610
Arcs Co Ltd is a Japan-based company principally engaged in the supermarket business. The company also operates other businesses through subsidiaries, including tourism, building maintenance, real estate leasing, property and casualty insurance and life insurance agency, wholesale, food manufacturing, industrial and general waste collection, and construction businesses. The supermarket segment offers a broad range of merchandise, including foods, apparel, and housing-related products.

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