SELECT * FROM `stock_list` WHERE `symbol` = "HTHIY" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
SELECT * FROM `stock_list` where symbol='HTHIY' AND exchange = 'OTCPK' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "HTHIY" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 HTHIY (Hitachi) E10
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hitachi Ltd (OTCPK:HTHIY) » Definitions » E10

Hitachi (Hitachi) E10 : $5.74 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Hitachi 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.

Hitachi's adjusted earnings per share data for the three months ended in Mar. 2024 was $2.083. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $5.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hitachi's average E10 Growth Rate was 6.50% per year. During the past 3 years, the average E10 Growth Rate was 10.50% per year. During the past 5 years, the average E10 Growth Rate was 10.10% 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 Hitachi was 209.40% per year. The lowest was -39.40% per year. And the median was -6.50% per year.

As of today (2024-05-01), Hitachi's current stock price is $183.95. Hitachi's E10 for the quarter that ended in Mar. 2024 was $5.74. Hitachi's Shiller PE Ratio of today is 32.05.

During the past 13 years, the highest Shiller PE Ratio of Hitachi was 1379.87. The lowest was 8.56. And the median was 20.78.


Hitachi E10 Historical Data

The historical data trend for Hitachi'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.

Hitachi E10 Chart

Hitachi 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 5.50 6.01 5.72 6.25 5.74

Hitachi 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 6.25 5.90 5.88 6.47 5.74

Competitive Comparison of Hitachi's E10

For the Conglomerates subindustry, Hitachi'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.


Hitachi's Shiller PE Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hitachi's Shiller PE Ratio distribution charts can be found below:

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



Hitachi 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, Hitachi'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)
=2.083/107.2000*107.2000
=2.083

Current CPI (Mar. 2024) = 107.2000.

Hitachi Quarterly Data

per share eps CPI Adj_EPS
201406 0.848 98.000 0.928
201409 1.460 98.500 1.589
201412 0.776 97.900 0.850
201503 0.947 97.900 1.037
201506 0.918 98.400 1.000
201509 0.735 98.500 0.800
201512 1.283 98.100 1.402
201603 -0.015 97.900 -0.016
201606 1.110 98.100 1.213
201609 1.160 98.000 1.269
201612 1.388 98.400 1.512
201703 0.733 98.100 0.801
201706 1.401 98.500 1.525
201709 1.598 98.800 1.734
201712 1.795 99.400 1.936
201803 2.038 99.200 2.202
201806 1.979 99.200 2.139
201809 8.099 99.900 8.691
201812 -2.037 99.700 -2.190
201903 2.605 99.700 2.801
201906 2.303 99.800 2.474
201909 1.327 100.100 1.421
201912 -2.546 100.500 -2.716
202003 0.624 100.300 0.667
202006 4.292 99.900 4.606
202009 0.539 99.900 0.578
202012 1.138 99.300 1.229
202103 3.683 99.900 3.952
202106 2.295 99.500 2.473
202109 3.757 100.100 4.023
202112 2.330 100.100 2.495
202203 2.312 101.100 2.451
202206 0.575 101.800 0.606
202209 1.982 103.100 2.061
202212 1.888 104.100 1.944
202303 5.644 104.400 5.795
202306 1.057 105.200 1.077
202309 2.022 106.200 2.041
202312 3.535 106.800 3.548
202403 2.083 107.200 2.083

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


Hitachi  (OTCPK:HTHIY) 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.

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

Shiller PE Ratio=Share Price/E10
=183.95/5.74
=32.05

* 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 Hitachi was 1379.87. The lowest was 8.56. And the median was 20.78.


Be Aware

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


Hitachi E10 Related Terms

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


Hitachi (Hitachi) Business Description

Traded in Other Exchanges
Address
6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8280
Hitachi Ltd provides IT services and has an expertise in the range of business fields, including financial services. The company's main products and services include system integration, consulting, cloud services, servers, storage, software, telecommunications and networks, and ATMs. Hitachi operates in various segments namely, Information and Telecommunication Systems; Social Infrastructure and Industrial Systems; Electronic Systems and Equipment; Construction Machinery; High Functional Materials and Components; Automotive Systems; Smart Life and Ecofriendly Systems; Financial Services; and Others.