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NSK (NPSKY) E10 : $0.94 (As of Mar. 2024)


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What is NSK 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.

NSK's adjusted earnings per share data for the three months ended in Mar. 2024 was $0.102. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.94 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NSK's average E10 Growth Rate was -3.60% per year. During the past 3 years, the average E10 Growth Rate was -0.60% per year. During the past 5 years, the average E10 Growth Rate was -1.20% 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 NSK was 5.60% per year. The lowest was -1.70% per year. And the median was 0.70% per year.

As of today (2024-05-21), NSK's current stock price is $9.695. NSK's E10 for the quarter that ended in Mar. 2024 was $0.94. NSK's Shiller PE Ratio of today is 10.31.

During the past 13 years, the highest Shiller PE Ratio of NSK was 33.78. The lowest was 7.36. And the median was 12.83.


NSK E10 Historical Data

The historical data trend for NSK'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.

NSK E10 Chart

NSK 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 1.48 1.31 1.17 1.14 0.94

NSK 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 1.14 1.02 1.02 1.03 0.94

Competitive Comparison of NSK's E10

For the Auto Parts subindustry, NSK'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.


NSK's Shiller PE Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NSK's Shiller PE Ratio distribution charts can be found below:

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



NSK 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, NSK'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)
=0.102/107.2000*107.2000
=0.102

Current CPI (Mar. 2024) = 107.2000.

NSK Quarterly Data

per share eps CPI Adj_EPS
201406 0.510 98.000 0.558
201409 0.406 98.500 0.442
201412 0.553 97.900 0.606
201503 0.480 97.900 0.526
201506 0.514 98.400 0.560
201509 0.471 98.500 0.513
201512 0.488 98.100 0.533
201603 0.559 97.900 0.612
201606 0.415 98.100 0.453
201609 0.306 98.000 0.335
201612 0.340 98.400 0.370
201703 0.511 98.100 0.558
201706 0.564 98.500 0.614
201709 0.404 98.800 0.438
201712 0.659 99.400 0.711
201803 0.756 99.200 0.817
201806 0.608 99.200 0.657
201809 0.450 99.900 0.483
201812 0.549 99.700 0.590
201903 0.320 99.700 0.344
201906 0.319 99.800 0.343
201909 0.108 100.100 0.116
201912 0.159 100.500 0.170
202003 0.041 100.300 0.044
202006 -0.352 99.900 -0.378
202009 -0.096 99.900 -0.103
202012 0.163 99.300 0.176
202103 0.298 99.900 0.320
202106 0.166 99.500 0.179
202109 0.108 100.100 0.116
202112 0.147 100.100 0.157
202203 0.149 101.100 0.158
202206 0.038 101.800 0.040
202209 0.128 103.100 0.133
202212 0.141 104.100 0.145
202303 0.218 104.400 0.224
202306 -0.026 105.200 -0.026
202309 0.044 106.200 0.044
202312 0.115 106.800 0.115
202403 0.102 107.200 0.102

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


NSK  (OTCPK:NPSKY) 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.

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

Shiller PE Ratio=Share Price/E10
=9.695/0.94
=10.31

* 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 NSK was 33.78. The lowest was 7.36. And the median was 12.83.


Be Aware

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


NSK E10 Related Terms

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


NSK (NPSKY) Business Description

Traded in Other Exchanges
Address
Nissei Building, 1-6-3 Ohsaki, Shinagawa-ku, Tokyo, JPN, 141-8560
NSK Ltd is a Japan-based company which manufactures and sells automotive products, precision machinery and mechatronic products. The company has two business segments, the Industrial Machinery business and the Automotive Business. The Industrial machinery bearing business is comprised of three sub-segments the general machinery, electrical and IT equipment and Aftermarket segment. The Automotive business is engaged in production and sales of bearings for car manufacturers and automotive component manufacturers, steering columns and automatic transmission components. Its products include ball bearings, roller bearings, Plummer blocks, electric power steering and super precision bearings.

NSK (NPSKY) Headlines

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