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Ezaki Glico Co (TSE:2206) E10 : 円238.55 (As of Mar. 2024)


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What is Ezaki Glico Co 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.

Ezaki Glico Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円80.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円238.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ezaki Glico Co's average E10 Growth Rate was 11.10% per year. During the past 3 years, the average E10 Growth Rate was 9.10% per year. During the past 5 years, the average E10 Growth Rate was 9.20% 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 Ezaki Glico Co was 10.00% per year. The lowest was 9.10% per year. And the median was 9.60% per year.

As of today (2024-06-10), Ezaki Glico Co's current stock price is 円4205.00. Ezaki Glico Co's E10 for the quarter that ended in Mar. 2024 was 円238.55. Ezaki Glico Co's Shiller PE Ratio of today is 17.63.

During the past 13 years, the highest Shiller PE Ratio of Ezaki Glico Co was 41.36. The lowest was 15.53. And the median was 25.54.


Ezaki Glico Co E10 Historical Data

The historical data trend for Ezaki Glico Co'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.

Ezaki Glico Co E10 Chart

Ezaki Glico Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.50 167.30 188.09 206.80 217.26

Ezaki Glico Co 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 214.80 215.14 217.80 217.26 238.55

Competitive Comparison of Ezaki Glico Co's E10

For the Packaged Foods subindustry, Ezaki Glico Co'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.


Ezaki Glico Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ezaki Glico Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ezaki Glico Co's Shiller PE Ratio falls into.



Ezaki Glico Co 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, Ezaki Glico Co'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)
=80.51/107.2000*107.2000
=80.510

Current CPI (Mar. 2024) = 107.2000.

Ezaki Glico Co Quarterly Data

per share eps CPI Adj_EPS
201406 168.220 98.000 184.012
201409 65.530 98.500 71.318
201412 55.310 97.900 60.564
201503 32.287 97.900 35.354
201506 69.200 98.400 75.389
201509 86.330 98.500 93.955
201512 54.950 98.100 60.047
201603 1.520 97.900 1.664
201606 84.730 98.100 92.590
201609 91.240 98.000 99.805
201612 82.460 98.400 89.834
201703 17.770 98.100 19.418
201706 79.628 98.500 86.661
201709 93.022 98.800 100.931
201712 52.320 99.400 56.426
201803 6.370 99.200 6.884
201806 75.060 99.200 81.113
201809 75.925 99.900 81.473
201812 33.704 99.700 36.239
201903 -4.790 99.700 -5.150
201906 62.960 99.800 67.628
201909 72.020 100.100 77.128
201912 50.330 100.500 53.685
202003 39.690 100.300 42.420
202006 57.089 99.900 61.261
202009 69.840 99.900 74.943
202012 15.812 99.300 17.070
202103 50.590 99.900 54.287
202106 70.939 99.500 76.429
202109 71.665 100.100 76.748
202112 15.230 100.100 16.310
202203 51.340 101.100 54.438
202206 21.874 101.800 23.034
202209 89.030 103.100 92.570
202212 -36.373 104.100 -37.456
202303 66.520 104.400 68.304
202306 56.408 105.200 57.480
202309 81.380 106.200 82.146
202312 17.940 106.800 18.007
202403 80.510 107.200 80.510

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


Ezaki Glico Co  (TSE:2206) 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.

Ezaki Glico Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4205.00/238.55
=17.63

* 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 Ezaki Glico Co was 41.36. The lowest was 15.53. And the median was 25.54.


Be Aware

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


Ezaki Glico Co E10 Related Terms

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


Ezaki Glico Co (TSE:2206) Business Description

Traded in Other Exchanges
Address
6-5, Utajima, 4-chome, Nishiyodogawa-ku, Osaka, JPN, 555-8502
Ezaki Glico Co Ltd is a Japanese food company. The reportable segments of the company are, 1) Health and Food Business includes the production and sales of health-related products, retort-packed food and others; 2) Dairy Food Business includes the production and sales of dairy products, western-style fresh confectioneries, ice cream and others; 3) Nutritional Confectionery Business includes the production and sales of chocolate, cookies and others; 4) Food Ingredients Business: includes the production and sales of wheat protein, starch, food colouring and others; 5) Other Domestic Business includes directly managed stores business, Office Glico business and others and 6) Overseas Business includes the production and sales of chocolate, cookies and others overseas.

Ezaki Glico Co (TSE:2206) Headlines

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