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Iwatsuka Confectionery Co (TSE:2221) E10 : 円149.63 (As of Dec. 2023)


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What is Iwatsuka Confectionery 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.

Iwatsuka Confectionery Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円38.244. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円149.63 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Iwatsuka Confectionery Co's average E10 Growth Rate was -100.00% 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 Iwatsuka Confectionery Co was 17.30% per year. The lowest was 12.80% per year. And the median was 16.80% per year.

As of today (2024-06-11), Iwatsuka Confectionery Co's current stock price is 円2560.00. Iwatsuka Confectionery Co's E10 for the quarter that ended in Dec. 2023 was 円149.63. Iwatsuka Confectionery Co's Shiller PE Ratio of today is 17.11.

During the past 13 years, the highest Shiller PE Ratio of Iwatsuka Confectionery Co was 40.63. The lowest was 14.00. And the median was 19.15.


Iwatsuka Confectionery Co E10 Historical Data

The historical data trend for Iwatsuka Confectionery 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.

Iwatsuka Confectionery Co E10 Chart

Iwatsuka Confectionery Co 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 90.29 104.45 111.69 143.83 -

Iwatsuka Confectionery 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 143.83 139.08 151.55 149.63 -

Competitive Comparison of Iwatsuka Confectionery Co's E10

For the Confectioners subindustry, Iwatsuka Confectionery 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.


Iwatsuka Confectionery Co's Shiller PE Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Iwatsuka Confectionery 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, Iwatsuka Confectionery Co'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)
=38.244/106.8000*106.8000
=38.244

Current CPI (Dec. 2023) = 106.8000.

Iwatsuka Confectionery Co Quarterly Data

per share eps CPI Adj_EPS
201403 -9.891 95.700 -11.038
201406 82.140 98.000 89.516
201409 1.310 98.500 1.420
201412 73.685 97.900 80.384
201503 -9.456 97.900 -10.316
201506 47.015 98.400 51.028
201509 1.484 98.500 1.609
201512 89.987 98.100 97.967
201603 -112.685 97.900 -122.929
201606 58.735 98.100 63.944
201609 0.744 98.000 0.811
201612 54.580 98.400 59.239
201703 -6.224 98.100 -6.776
201706 50.640 98.500 54.907
201709 -2.641 98.800 -2.855
201712 55.174 99.400 59.282
201803 -11.845 99.200 -12.752
201806 3.320 99.200 3.574
201809 82.429 99.900 88.122
201812 39.949 99.700 42.794
201903 -8.721 99.700 -9.342
201906 0.285 99.800 0.305
201909 115.990 100.100 123.754
201912 43.068 100.500 45.768
202003 -1.476 100.300 -1.572
202006 3.160 99.900 3.378
202009 135.485 99.900 144.843
202012 42.865 99.300 46.103
202103 -2.550 99.900 -2.726
202106 -6.310 99.500 -6.773
202109 42.384 100.100 45.221
202112 5.020 100.100 5.356
202203 32.785 101.100 34.633
202206 27.625 101.800 28.982
202209 260.955 103.100 270.320
202212 -3.670 104.100 -3.765
202303 69.345 104.400 70.939
202306 14.750 105.200 14.974
202309 119.030 106.200 119.702
202312 38.244 106.800 38.244

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


Iwatsuka Confectionery Co  (TSE:2221) 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.

Iwatsuka Confectionery Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2560.00/149.63
=17.11

* 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 Iwatsuka Confectionery Co was 40.63. The lowest was 14.00. And the median was 19.15.


Be Aware

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


Iwatsuka Confectionery Co E10 Related Terms

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


Iwatsuka Confectionery Co (TSE:2221) Business Description

Traded in Other Exchanges
N/A
Address
9750 Ura, Niigata Prefecture, Nagaoka, JPN, 949-5492
Iwatsuka Confectionery Co., Ltd. manufactures and sells rice crackers. It a Japanese firm. Its products include black bean rice crackers, pinch black pepper shrimp, cake flour, wet rice crackers and rice crackers for babies.

Iwatsuka Confectionery Co (TSE:2221) Headlines

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