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ktk (TSE:3035) E10 : 円39.75 (As of Feb. 2024)


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What is ktk 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.

ktk's adjusted earnings per share data for the three months ended in Feb. 2024 was 円16.311. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円39.75 for the trailing ten years ended in Feb. 2024.

During the past 12 months, ktk's average E10 Growth Rate was 16.90% per year. During the past 3 years, the average E10 Growth Rate was 21.80% per year. During the past 5 years, the average E10 Growth Rate was 19.00% 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 ktk was 21.80% per year. The lowest was 17.80% per year. And the median was 20.50% per year.

As of today (2024-06-09), ktk's current stock price is 円663.00. ktk's E10 for the quarter that ended in Feb. 2024 was 円39.75. ktk's Shiller PE Ratio of today is 16.68.

During the past 13 years, the highest Shiller PE Ratio of ktk was 24.98. The lowest was 10.71. And the median was 16.33.


ktk E10 Historical Data

The historical data trend for ktk'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.

ktk E10 Chart

ktk Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.98 19.39 24.98 31.47 35.01

ktk Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 34.01 35.58 35.01 37.62 39.75

Competitive Comparison of ktk's E10

For the Business Equipment & Supplies subindustry, ktk'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.


ktk's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ktk's Shiller PE Ratio distribution charts can be found below:

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



ktk 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, ktk's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=16.311/106.9000*106.9000
=16.311

Current CPI (Feb. 2024) = 106.9000.

ktk Quarterly Data

per share eps CPI Adj_EPS
201405 11.610 98.100 12.651
201408 5.640 98.300 6.133
201411 -4.090 97.900 -4.466
201502 -2.985 97.600 -3.269
201505 1.680 98.700 1.820
201508 -8.311 98.400 -9.029
201511 5.460 98.100 5.950
201602 7.000 97.800 7.651
201605 12.550 98.200 13.662
201608 -8.046 97.900 -8.786
201611 8.670 98.600 9.400
201702 12.080 98.100 13.164
201705 19.160 98.600 20.773
201708 -1.581 98.500 -1.716
201711 11.890 99.100 12.826
201802 9.330 99.500 10.024
201805 12.220 99.300 13.155
201808 -3.009 99.800 -3.223
201811 13.620 100.000 14.560
201902 9.757 99.700 10.462
201905 12.940 100.000 13.833
201908 1.460 100.000 1.561
201911 16.660 100.500 17.721
202002 9.870 100.300 10.519
202005 18.900 100.100 20.184
202008 -4.016 100.100 -4.289
202011 17.790 99.500 19.113
202102 19.706 99.800 21.108
202105 23.860 99.400 25.660
202108 0.680 99.700 0.729
202111 12.060 100.100 12.879
202202 12.790 100.700 13.577
202205 22.514 101.800 23.642
202208 11.150 102.700 11.606
202211 12.430 103.900 12.789
202302 16.060 104.000 16.508
202305 18.940 105.100 19.264
202308 9.830 105.900 9.923
202311 13.080 106.900 13.080
202402 16.311 106.900 16.311

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


ktk  (TSE:3035) 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.

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

Shiller PE Ratio=Share Price/E10
=663.00/39.75
=16.68

* 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 ktk was 24.98. The lowest was 10.71. And the median was 16.33.


Be Aware

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


ktk E10 Related Terms

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


ktk (TSE:3035) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, No. 3-chome, Higashi-ku, Nagoya, JPN, 461-0001
ktk Inc is engaged in the business of sales of recycled products like repack toner, repack ribbon, expendable items, and stationery office supplies used for automation equipment like printing devices.

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