GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Synclayer Inc (TSE:1724) » Definitions » E10

Synclayer (TSE:1724) E10 : 円88.31 (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Synclayer 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.

Synclayer's adjusted earnings per share data for the three months ended in Mar. 2024 was 円29.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円88.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Synclayer's average E10 Growth Rate was 15.40% per year. During the past 3 years, the average E10 Growth Rate was 34.20% 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 Synclayer was 34.20% per year. The lowest was 34.00% per year. And the median was 34.10% per year.

As of today (2024-05-26), Synclayer's current stock price is 円730.00. Synclayer's E10 for the quarter that ended in Mar. 2024 was 円88.31. Synclayer's Shiller PE Ratio of today is 8.27.

During the past 13 years, the highest Shiller PE Ratio of Synclayer was 84.51. The lowest was 6.95. And the median was 20.22.


Synclayer E10 Historical Data

The historical data trend for Synclayer'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.

Synclayer E10 Chart

Synclayer Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.72 37.23 62.36 81.07 90.01

Synclayer 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 76.54 84.02 87.72 90.01 88.31

Competitive Comparison of Synclayer's E10

For the Communication Equipment subindustry, Synclayer'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.


Synclayer's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Synclayer 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, Synclayer'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)
=29.23/107.2000*107.2000
=29.230

Current CPI (Mar. 2024) = 107.2000.

Synclayer Quarterly Data

per share eps CPI Adj_EPS
201406 -46.140 98.000 -50.472
201409 -33.450 98.500 -36.404
201412 0.940 97.900 1.029
201503 -109.860 97.900 -120.296
201506 -51.400 98.400 -55.997
201509 2.980 98.500 3.243
201512 -36.897 98.100 -40.320
201603 70.466 97.900 77.160
201606 -47.120 98.100 -51.491
201609 26.355 98.000 28.829
201612 24.968 98.400 27.201
201703 61.540 98.100 67.249
201706 -1.350 98.500 -1.469
201709 43.278 98.800 46.958
201712 21.880 99.400 23.597
201803 34.678 99.200 37.475
201806 31.900 99.200 34.473
201809 29.480 99.900 31.634
201812 29.100 99.700 31.289
201903 90.970 99.700 97.813
201906 -2.440 99.800 -2.621
201909 68.890 100.100 73.776
201912 71.415 100.500 76.176
202003 57.340 100.300 61.285
202006 13.460 99.900 14.444
202009 18.606 99.900 19.966
202012 54.850 99.300 59.214
202103 134.550 99.900 144.382
202106 21.580 99.500 23.250
202109 37.305 100.100 39.951
202112 29.600 100.100 31.700
202203 47.470 101.100 50.334
202206 -19.506 101.800 -20.541
202209 15.605 103.100 16.226
202212 20.060 104.100 20.657
202303 12.150 104.400 12.476
202306 9.275 105.200 9.451
202309 16.177 106.200 16.329
202312 55.720 106.800 55.929
202403 29.230 107.200 29.230

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


Synclayer  (TSE:1724) 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.

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

Shiller PE Ratio=Share Price/E10
=730.00/88.31
=8.27

* 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 Synclayer was 84.51. The lowest was 6.95. And the median was 20.22.


Be Aware

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


Synclayer E10 Related Terms

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


Synclayer (TSE:1724) Business Description

Traded in Other Exchanges
N/A
Address
2-21-18 Chiyoda, Naka-ku, Nagoya, JPN
Synclayer Inc is engaged in design, construction, maintenance and consultant related to cable television system, and information communication system, production, purchase and sale of cable television system equipment, information communication system equipment and their peripheral equipment, and provide information on introduction of cable television system, information communication system, and education and guidance.

Synclayer (TSE:1724) Headlines

No Headlines