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Sony Group (BSP:SNEC34) E10 : R$16.53 (As of Mar. 2024)


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What is Sony 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.

Sony Group's adjusted earnings per share data for the three months ended in Mar. 2024 was R$5.105. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$16.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sony Group's average E10 Growth Rate was 26.30% per year. During the past 3 years, the average E10 Growth Rate was 38.80% per year. During the past 5 years, the average E10 Growth Rate was 77.10% 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 Sony Group was 125.70% per year. The lowest was -459.30% per year. And the median was -2.35% per year.

As of today (2024-06-06), Sony Group's current stock price is R$457.65. Sony Group's E10 for the quarter that ended in Mar. 2024 was R$16.53. Sony Group's Shiller PE Ratio of today is 27.69.

During the past 13 years, the highest Shiller PE Ratio of Sony Group was 1889.69. The lowest was 23.45. And the median was 56.25.


Sony Group E10 Historical Data

The historical data trend for Sony 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.

Sony Group E10 Chart

Sony Group 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 3.40 9.75 11.92 15.14 16.53

Sony Group 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 15.14 13.83 14.89 15.89 16.53

Competitive Comparison of Sony Group's E10

For the Consumer Electronics subindustry, Sony 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.


Sony Group's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Sony 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, Sony Group'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)
=5.105/107.2000*107.2000
=5.105

Current CPI (Mar. 2024) = 107.2000.

Sony Group Quarterly Data

per share eps CPI Adj_EPS
201406 0.503 98.000 0.550
201409 -2.706 98.500 -2.945
201412 1.704 97.900 1.866
201503 -2.385 97.900 -2.612
201506 1.770 98.400 1.928
201509 0.848 98.500 0.923
201512 2.978 98.100 3.254
201603 -2.293 97.900 -2.511
201606 0.534 98.100 0.584
201609 0.120 98.000 0.131
201612 0.441 98.400 0.480
201703 0.594 98.100 0.649
201706 1.863 98.500 2.028
201709 2.866 98.800 3.110
201712 6.678 99.400 7.202
201803 -0.416 99.200 -0.450
201806 5.989 99.200 6.472
201809 4.891 99.900 5.248
201812 11.448 99.700 12.309
201903 2.358 99.700 2.535
201906 4.254 99.800 4.569
201909 5.692 100.100 6.096
201912 6.881 100.500 7.340
202003 0.458 100.300 0.490
202006 7.489 99.900 8.036
202009 18.773 99.900 20.145
202012 12.317 99.300 13.297
202103 2.724 99.900 2.923
202106 7.728 99.500 8.326
202109 8.159 100.100 8.738
202112 13.743 100.100 14.718
202203 3.734 101.100 3.959
202206 7.900 101.800 8.319
202209 8.290 103.100 8.620
202212 10.094 104.100 10.395
202303 4.034 104.400 4.142
202306 6.032 105.200 6.147
202309 5.403 106.200 5.454
202312 10.033 106.800 10.071
202403 5.105 107.200 5.105

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


Sony Group  (BSP:SNEC34) 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.

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

Shiller PE Ratio=Share Price/E10
=457.65/16.53
=27.69

* 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 Sony Group was 1889.69. The lowest was 23.45. And the median was 56.25.


Be Aware

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


Sony Group E10 Related Terms

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


Sony Group (BSP:SNEC34) Business Description

Address
7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075
Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.

Sony Group (BSP:SNEC34) Headlines

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