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Tsuruha Holdings (Tsuruha Holdings) E10 : $3.51 (As of Feb. 2024)


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What is Tsuruha Holdings 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.

Tsuruha Holdings's adjusted earnings per share data for the three months ended in Feb. 2024 was $1.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.51 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Tsuruha Holdings's average E10 Growth Rate was 7.50% per year. During the past 3 years, the average E10 Growth Rate was 7.90% per year. During the past 5 years, the average E10 Growth Rate was 9.70% 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 Tsuruha Holdings was 11.40% per year. The lowest was 7.90% per year. And the median was 9.40% per year.

As of today (2024-06-09), Tsuruha Holdings's current stock price is $76.12. Tsuruha Holdings's E10 for the quarter that ended in Feb. 2024 was $3.51. Tsuruha Holdings's Shiller PE Ratio of today is 21.69.

During the past 13 years, the highest Shiller PE Ratio of Tsuruha Holdings was 55.43. The lowest was 14.18. And the median was 31.48.


Tsuruha Holdings E10 Historical Data

The historical data trend for Tsuruha Holdings'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.

Tsuruha Holdings E10 Chart

Tsuruha Holdings Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.99 2.99 3.78 3.31 3.91

Tsuruha Holdings 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 3.89 3.91 3.49 3.07 3.51

Competitive Comparison of Tsuruha Holdings's E10

For the Pharmaceutical Retailers subindustry, Tsuruha Holdings'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.


Tsuruha Holdings's Shiller PE Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Tsuruha Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tsuruha Holdings's Shiller PE Ratio falls into.



Tsuruha Holdings 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, Tsuruha Holdings'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)
=1.02/106.9000*106.9000
=1.020

Current CPI (Feb. 2024) = 106.9000.

Tsuruha Holdings Quarterly Data

per share eps CPI Adj_EPS
201405 0.692 98.100 0.754
201408 0.884 98.300 0.961
201411 0.718 97.900 0.784
201502 1.036 97.600 1.135
201505 0.520 98.700 0.563
201508 0.985 98.400 1.070
201511 0.701 98.100 0.764
201602 1.044 97.800 1.141
201605 0.683 98.200 0.744
201608 1.279 97.900 1.397
201611 1.194 98.600 1.295
201702 1.173 98.100 1.278
201705 0.795 98.600 0.862
201708 1.314 98.500 1.426
201711 1.108 99.100 1.195
201802 1.309 99.500 1.406
201805 0.919 99.300 0.989
201808 1.340 99.800 1.435
201811 1.040 100.000 1.112
201902 1.215 99.700 1.303
201905 1.009 100.000 1.079
201908 1.694 100.000 1.811
201911 1.293 100.500 1.375
202002 1.451 100.300 1.546
202005 0.882 100.100 0.942
202008 1.772 100.100 1.892
202011 1.465 99.500 1.574
202102 1.163 99.800 1.246
202105 0.701 99.400 0.754
202108 1.409 99.700 1.511
202111 0.938 100.100 1.002
202202 1.098 100.700 1.166
202205 0.396 101.800 0.416
202208 1.139 102.700 1.186
202211 1.028 103.900 1.058
202302 1.095 104.000 1.126
202305 0.528 105.100 0.537
202308 1.171 105.900 1.182
202311 1.069 106.900 1.069
202402 1.020 106.900 1.020

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


Tsuruha Holdings  (OTCPK:TSUSF) 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.

Tsuruha Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=76.12/3.51
=21.69

* 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 Tsuruha Holdings was 55.43. The lowest was 14.18. And the median was 31.48.


Be Aware

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


Tsuruha Holdings E10 Related Terms

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


Tsuruha Holdings (Tsuruha Holdings) Business Description

Traded in Other Exchanges
Address
20, Higashi 24-chome, Higashi Sapporo 1-21, Kitaku, JPN, 065-0024
Tsuruha Holdings Inc manages pharmaceutical companies in Japan, where the drugstore business is the core of their operations. The company generates revenue through selling prescription and over-the-counter drugs, medical supplies, nursing care products, discount cosmetics, health products, and a miscellaneous assortment of general merchandise. Tsuruha also provides blood testing services, disease prevention solutions, and at-home drug delivery services.

Tsuruha Holdings (Tsuruha Holdings) Headlines

From GuruFocus

Mawer Funds Comments on Tsuruha

By Holly LaFon Holly LaFon 07-11-2017