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Fast Retailing Co (Fast Retailing Co) E10 : $3.75 (As of Feb. 2024)


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What is Fast Retailing 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.

Fast Retailing Co's adjusted earnings per share data for the three months ended in Feb. 2024 was $1.917. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.75 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Fast Retailing Co's average E10 Growth Rate was 18.00% per year. During the past 3 years, the average E10 Growth Rate was 15.90% per year. During the past 5 years, the average E10 Growth Rate was 12.10% 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 Fast Retailing Co was 15.90% per year. The lowest was -12.70% per year. And the median was 8.60% per year.

As of today (2024-04-27), Fast Retailing Co's current stock price is $261.044. Fast Retailing Co's E10 for the quarter that ended in Feb. 2024 was $3.75. Fast Retailing Co's Shiller PE Ratio of today is 69.61.

During the past 13 years, the highest Shiller PE Ratio of Fast Retailing Co was 101.66. The lowest was 16.56. And the median was 61.27.


Fast Retailing Co E10 Historical Data

The historical data trend for Fast Retailing 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.

Fast Retailing Co E10 Chart

Fast Retailing Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 3.08 3.34 3.15 3.37

Fast Retailing 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 3.39 3.72 3.37 3.61 3.75

Competitive Comparison of Fast Retailing Co's E10

For the Apparel Retail subindustry, Fast Retailing 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.


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

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

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



Fast Retailing 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, Fast Retailing 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)
=1.917/106.9000*106.9000
=1.917

Current CPI (Feb. 2024) = 106.9000.

Fast Retailing Co Quarterly Data

per share eps CPI Adj_EPS
201405 0.651 98.100 0.709
201408 -0.407 98.300 -0.443
201411 1.934 97.900 2.112
201502 0.988 97.600 1.082
201505 0.746 98.700 0.808
201508 -0.594 98.400 -0.645
201511 1.279 98.100 1.394
201602 -0.028 97.800 -0.031
201605 0.719 98.200 0.783
201608 -0.741 97.900 -0.809
201611 2.098 98.600 2.275
201702 0.796 98.100 0.867
201705 0.665 98.600 0.721
201708 -0.025 98.500 -0.027
201711 2.272 99.100 2.451
201802 0.774 99.500 0.832
201805 1.314 99.300 1.415
201808 0.190 99.800 0.204
201811 2.115 100.000 2.261
201902 1.197 99.700 1.283
201905 1.324 100.000 1.415
201908 0.120 100.000 0.128
201911 2.124 100.500 2.259
202002 0.875 100.300 0.933
202005 -0.299 100.100 -0.319
202008 -0.009 100.100 -0.010
202011 2.197 99.500 2.360
202102 1.097 99.800 1.175
202105 1.358 99.400 1.460
202108 0.549 99.700 0.589
202111 2.676 100.100 2.858
202202 1.505 100.700 1.598
202205 2.300 101.800 2.415
202208 0.855 102.700 0.890
202211 1.945 103.900 2.001
202302 1.672 104.000 1.719
202305 2.022 105.100 2.057
202308 1.297 105.900 1.309
202311 2.344 106.900 2.344
202402 1.917 106.900 1.917

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


Fast Retailing Co  (OTCPK:FRCOF) 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.

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

Shiller PE Ratio=Share Price/E10
=261.044/3.75
=69.61

* 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 Fast Retailing Co was 101.66. The lowest was 16.56. And the median was 61.27.


Be Aware

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


Fast Retailing Co E10 Related Terms

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


Fast Retailing Co (Fast Retailing Co) Business Description

Traded in Other Exchanges
Address
10717-1 Sayama, Yamaguchi, Yamaguchi, JPN, 754-0894
Fast Retailing Co Ltd is Japan's apparel company, operating the casualwear retail chain Uniqlo, known for its high-quality functional apparel at reasonable prices. The business is founded on a private-label apparel model whereby Fast Retailing is in charge of product design, production, and sales. Fast Retailing is ranked the third-largest apparel company by sales globally, it runs 3,630 stores globally, including 813 and 1,439 Uniqlo stores in Japan and overseas, respectively. Other brands in its portfolio include GU and acquired brands including Theory, Comptoir des Cotonniers, Princesse Tam Tam (French lingerie), and J Brand (premium denim).

Fast Retailing Co (Fast Retailing Co) Headlines

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