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Hirose Electric Co (Hirose Electric Co) E10 : $4.74 (As of Mar. 2024)


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What is Hirose Electric 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.

Hirose Electric Co's adjusted earnings per share data for the three months ended in Mar. 2024 was $1.137. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $4.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hirose Electric Co's average E10 Growth Rate was 3.30% per year. During the past 3 years, the average E10 Growth Rate was 9.40% per year. During the past 5 years, the average E10 Growth Rate was 7.70% 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 Hirose Electric Co was 9.70% per year. The lowest was 0.20% per year. And the median was 7.60% per year.

As of today (2024-05-26), Hirose Electric Co's current stock price is $105.81. Hirose Electric Co's E10 for the quarter that ended in Mar. 2024 was $4.74. Hirose Electric Co's Shiller PE Ratio of today is 22.32.

During the past 13 years, the highest Shiller PE Ratio of Hirose Electric Co was 37.61. The lowest was 19.02. And the median was 27.10.


Hirose Electric Co E10 Historical Data

The historical data trend for Hirose Electric 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.

Hirose Electric Co E10 Chart

Hirose Electric Co 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 4.95 4.98 4.94 4.77 4.74

Hirose Electric Co 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 4.77 4.92 4.57 5.09 4.74

Competitive Comparison of Hirose Electric Co's E10

For the Electronic Components subindustry, Hirose Electric 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.


Hirose Electric Co's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Hirose Electric 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, Hirose Electric Co'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)
=1.137/107.2000*107.2000
=1.137

Current CPI (Mar. 2024) = 107.2000.

Hirose Electric Co Quarterly Data

per share eps CPI Adj_EPS
201406 1.503 98.000 1.644
201409 1.501 98.500 1.634
201412 1.332 97.900 1.459
201503 1.395 97.900 1.528
201506 1.184 98.400 1.290
201509 1.513 98.500 1.647
201512 1.260 98.100 1.377
201603 1.013 97.900 1.109
201606 1.436 98.100 1.569
201609 1.359 98.000 1.487
201612 1.485 98.400 1.618
201703 1.327 98.100 1.450
201706 1.229 98.500 1.338
201709 1.573 98.800 1.707
201712 1.407 99.400 1.517
201803 0.746 99.200 0.806
201806 1.026 99.200 1.109
201809 1.266 99.900 1.359
201812 1.436 99.700 1.544
201903 0.660 99.700 0.710
201906 1.032 99.800 1.109
201909 1.149 100.100 1.230
201912 0.856 100.500 0.913
202003 0.853 100.300 0.912
202006 1.132 99.900 1.215
202009 1.285 99.900 1.379
202012 1.499 99.300 1.618
202103 1.251 99.900 1.342
202106 1.687 99.500 1.818
202109 2.083 100.100 2.231
202112 2.233 100.100 2.391
202203 1.824 101.100 1.934
202206 2.141 101.800 2.255
202209 2.146 103.100 2.231
202212 1.850 104.100 1.905
202303 1.181 104.400 1.213
202306 1.237 105.200 1.261
202309 1.292 106.200 1.304
202312 1.641 106.800 1.647
202403 1.137 107.200 1.137

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


Hirose Electric Co  (OTCPK:HRSEF) 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.

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

Shiller PE Ratio=Share Price/E10
=105.81/4.74
=22.32

* 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 Hirose Electric Co was 37.61. The lowest was 19.02. And the median was 27.10.


Be Aware

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


Hirose Electric Co E10 Related Terms

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


Hirose Electric Co (Hirose Electric Co) Business Description

Traded in Other Exchanges
Address
5-23. Osaki 5-chome, shinagawa-ku, Tokyo, JPN, 141-8587
Hirose Electric Co Ltd is a Japan-based company that manufactures and distributes electrical and electronic connectors for use in automotive, mobile communication, telecommunications, networking, and smart grid applications. Its product portfolio includes printed circuit boards, optical connectors, fiber optic cables, sealed connectors, microwave components, switches and sensors, modular jacks and plugs, integrated circuit cards and sockets, and coaxial cables. The firm generates revenue in Europe, Asia, and North America.

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