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Kurita Water Industries (Kurita Water Industries) E10 : $1.09 (As of Dec. 2023)


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What is Kurita Water Industries 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.

Kurita Water Industries's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.575. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.09 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kurita Water Industries's average E10 Growth Rate was 9.30% per year. During the past 3 years, the average E10 Growth Rate was 4.80% per year. During the past 5 years, the average E10 Growth Rate was 1.80% 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 Kurita Water Industries was 4.80% per year. The lowest was -1.70% per year. And the median was 2.60% per year.

As of today (2024-04-27), Kurita Water Industries's current stock price is $38.95. Kurita Water Industries's E10 for the quarter that ended in Dec. 2023 was $1.09. Kurita Water Industries's Shiller PE Ratio of today is 35.73.

During the past 13 years, the highest Shiller PE Ratio of Kurita Water Industries was 48.36. The lowest was 17.56. And the median was 31.75.


Kurita Water Industries E10 Historical Data

The historical data trend for Kurita Water Industries'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.

Kurita Water Industries E10 Chart

Kurita Water Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 1.08 1.16 1.08 1.02

Kurita Water Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.07 1.02 1.08 1.06 1.09

Competitive Comparison of Kurita Water Industries's E10

For the Pollution & Treatment Controls subindustry, Kurita Water Industries'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.


Kurita Water Industries's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kurita Water Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kurita Water Industries's Shiller PE Ratio falls into.



Kurita Water Industries 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, Kurita Water Industries's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.575/106.8000*106.8000
=0.575

Current CPI (Dec. 2023) = 106.8000.

Kurita Water Industries Quarterly Data

per share eps CPI Adj_EPS
201403 0.252 95.700 0.281
201406 0.176 98.000 0.192
201409 0.293 98.500 0.318
201412 0.128 97.900 0.140
201503 0.192 97.900 0.209
201506 0.163 98.400 0.177
201509 0.244 98.500 0.265
201512 0.250 98.100 0.272
201603 0.249 97.900 0.272
201606 0.216 98.100 0.235
201609 0.329 98.000 0.359
201612 0.267 98.400 0.290
201703 0.335 98.100 0.365
201706 0.199 98.500 0.216
201709 0.396 98.800 0.428
201712 0.484 99.400 0.520
201803 0.366 99.200 0.394
201806 0.118 99.200 0.127
201809 0.343 99.900 0.367
201812 0.158 99.700 0.169
201903 0.344 99.700 0.368
201906 0.602 99.800 0.644
201909 0.513 100.100 0.547
201912 0.282 100.500 0.300
202003 0.110 100.300 0.117
202006 0.326 99.900 0.349
202009 0.563 99.900 0.602
202012 0.351 99.300 0.378
202103 0.359 99.900 0.384
202106 0.302 99.500 0.324
202109 0.159 100.100 0.170
202112 0.495 100.100 0.528
202203 0.483 101.100 0.510
202206 0.323 101.800 0.339
202209 0.467 103.100 0.484
202212 0.512 104.100 0.525
202303 -0.001 104.400 -0.001
202306 0.358 105.200 0.363
202309 0.415 106.200 0.417
202312 0.575 106.800 0.575

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


Kurita Water Industries  (OTCPK:KTWIF) 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.

Kurita Water Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=38.95/1.09
=35.73

* 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 Kurita Water Industries was 48.36. The lowest was 17.56. And the median was 31.75.


Be Aware

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


Kurita Water Industries E10 Related Terms

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


Kurita Water Industries (Kurita Water Industries) Business Description

Traded in Other Exchanges
Address
Nakano Central Park East , 4-10-1, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments, The Water Treatment Chemical segment, and The Water Treatment Equipment segment. The Water Treatment Chemical segment sells water treatment-related chemicals, for air conditioning, petroleum refining, pulp and paper processing-related applications. The Water Treatment Equipment segment manufactures and sells water production systems, drinking water treatment equipment, water and wastewater treatment equipment for various industries. Additionally, the segment is also responsible for supplying ultrapure water, the provision of maintenance service and the operation of water treatment facilities.

Kurita Water Industries (Kurita Water Industries) Headlines

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