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Takada (TSE:1966) E10 : 円153.51 (As of Dec. 2023)


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What is Takada 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.

Takada's adjusted earnings per share data for the three months ended in Dec. 2023 was 円65.139. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円153.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Takada's average E10 Growth Rate was 30.60% per year. During the past 3 years, the average E10 Growth Rate was 16.30% 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 Takada was 16.30% per year. The lowest was 1.80% per year. And the median was 4.50% per year.

As of today (2024-06-06), Takada's current stock price is 円1492.00. Takada's E10 for the quarter that ended in Dec. 2023 was 円153.51. Takada's Shiller PE Ratio of today is 9.72.

During the past 13 years, the highest Shiller PE Ratio of Takada was 16.11. The lowest was 6.03. And the median was 8.29.


Takada E10 Historical Data

The historical data trend for Takada'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.

Takada E10 Chart

Takada 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 84.36 83.08 90.45 96.25 130.61

Takada 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 117.55 130.61 135.62 146.14 153.51

Competitive Comparison of Takada's E10

For the Engineering & Construction subindustry, Takada'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.


Takada's Shiller PE Ratio Distribution in the Construction Industry

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

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



Takada 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, Takada'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)
=65.139/106.8000*106.8000
=65.139

Current CPI (Dec. 2023) = 106.8000.

Takada Quarterly Data

per share eps CPI Adj_EPS
201403 12.940 95.700 14.441
201406 10.370 98.000 11.301
201409 42.810 98.500 46.417
201412 9.540 97.900 10.407
201503 35.680 97.900 38.924
201506 7.900 98.400 8.574
201509 68.454 98.500 74.222
201512 1.240 98.100 1.350
201603 26.027 97.900 28.393
201606 -13.470 98.100 -14.665
201609 48.558 98.000 52.918
201612 17.160 98.400 18.625
201703 46.790 98.100 50.940
201706 4.330 98.500 4.695
201709 59.919 98.800 64.771
201712 10.557 99.400 11.343
201803 -0.350 99.200 -0.377
201806 2.820 99.200 3.036
201809 81.980 99.900 87.642
201812 107.460 99.700 115.113
201903 19.600 99.700 20.996
201906 12.320 99.800 13.184
201909 125.740 100.100 134.156
201912 26.770 100.500 28.448
202003 25.740 100.300 27.408
202006 22.800 99.900 24.375
202009 56.440 99.900 60.338
202012 75.990 99.300 81.729
202103 -32.990 99.900 -35.269
202106 6.450 99.500 6.923
202109 62.030 100.100 66.182
202112 1.760 100.100 1.878
202203 43.800 101.100 46.269
202206 38.130 101.800 40.003
202209 11.048 103.100 11.444
202212 34.796 104.100 35.698
202303 124.700 104.400 127.567
202306 21.010 105.200 21.330
202309 128.480 106.200 129.206
202312 65.139 106.800 65.139

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


Takada  (TSE:1966) 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.

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

Shiller PE Ratio=Share Price/E10
=1492.00/153.51
=9.72

* 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 Takada was 16.11. The lowest was 6.03. And the median was 8.29.


Be Aware

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


Takada E10 Related Terms

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


Takada (TSE:1966) Business Description

Traded in Other Exchanges
Address
1-1 Tsukijimachi, Yahatanishi-ku, Fukuoka Prefecture, Kitakyushu, JPN, 806-8567
Takada Corp provides engineering and construction services in Japan. It is engaged in the design, production, installation, piping, electrical, instrumentation, maintenance, and repair of industrial facilities.

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