GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Isetan Mitsukoshi Holdings Ltd (TSE:3099) » Definitions » E10

Isetan Mitsukoshi Holdings (TSE:3099) E10 : 円29.05 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Isetan Mitsukoshi Holdings 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.

Isetan Mitsukoshi Holdings's adjusted earnings per share data for the three months ended in Dec. 2023 was 円42.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円29.05 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Isetan Mitsukoshi Holdings'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 Isetan Mitsukoshi Holdings was -10.90% per year. The lowest was -18.40% per year. And the median was -14.65% per year.

As of today (2024-05-24), Isetan Mitsukoshi Holdings's current stock price is 円2923.50. Isetan Mitsukoshi Holdings's E10 for the quarter that ended in Dec. 2023 was 円29.05. Isetan Mitsukoshi Holdings's Shiller PE Ratio of today is 100.64.

During the past 13 years, the highest Shiller PE Ratio of Isetan Mitsukoshi Holdings was 99.05. The lowest was 11.43. And the median was 38.71.


Isetan Mitsukoshi Holdings E10 Historical Data

The historical data trend for Isetan Mitsukoshi Holdings'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.

Isetan Mitsukoshi Holdings E10 Chart

Isetan Mitsukoshi Holdings 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 47.70 36.00 23.69 25.88 -

Isetan Mitsukoshi Holdings 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 25.88 25.96 28.12 29.05 -

Competitive Comparison of Isetan Mitsukoshi Holdings's E10

For the Department Stores subindustry, Isetan Mitsukoshi Holdings'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.


Isetan Mitsukoshi Holdings's Shiller PE Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Isetan Mitsukoshi Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Isetan Mitsukoshi Holdings's Shiller PE Ratio falls into.



Isetan Mitsukoshi Holdings 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, Isetan Mitsukoshi Holdings'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)
=42.44/106.8000*106.8000
=42.440

Current CPI (Dec. 2023) = 106.8000.

Isetan Mitsukoshi Holdings Quarterly Data

per share eps CPI Adj_EPS
201403 3.720 95.700 4.151
201406 12.160 98.000 13.252
201409 3.260 98.500 3.535
201412 30.390 97.900 33.153
201503 29.780 97.900 32.487
201506 22.180 98.400 24.073
201509 5.290 98.500 5.736
201512 33.460 98.100 36.427
201603 6.220 97.900 6.785
201606 12.600 98.100 13.717
201609 8.610 98.000 9.383
201612 28.580 98.400 31.020
201703 -11.710 98.100 -12.749
201706 12.410 98.500 13.456
201709 -12.420 98.800 -13.426
201712 21.830 99.400 23.455
201803 -24.450 99.200 -26.323
201806 11.750 99.200 12.650
201809 -1.720 99.900 -1.839
201812 19.210 99.700 20.578
201903 5.160 99.700 5.527
201906 15.370 99.800 16.448
201909 4.010 100.100 4.278
201912 0.720 100.500 0.765
202003 -50.108 100.300 -53.355
202006 -80.440 99.900 -85.996
202009 -16.305 99.900 -17.431
202012 5.328 99.300 5.730
202103 -16.583 99.900 -17.728
202106 -22.760 99.500 -24.430
202109 1.409 100.100 1.503
202112 23.760 100.100 25.350
202203 29.850 101.100 31.533
202206 14.780 101.800 15.506
202209 5.530 103.100 5.728
202212 30.780 104.100 31.578
202303 33.530 104.400 34.301
202306 17.790 105.200 18.061
202309 21.050 106.200 21.169
202312 42.440 106.800 42.440

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


Isetan Mitsukoshi Holdings  (TSE:3099) 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.

Isetan Mitsukoshi Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2923.50/29.05
=100.64

* 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 Isetan Mitsukoshi Holdings was 99.05. The lowest was 11.43. And the median was 38.71.


Be Aware

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


Isetan Mitsukoshi Holdings E10 Related Terms

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


Isetan Mitsukoshi Holdings (TSE:3099) Business Description

Traded in Other Exchanges
Address
5-16-10 Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022
Isetan Mitsukoshi Holdings Ltd. is a Japan-based holding company. It is engaged in the management planning and management of subsidiaries and group companies engaged in the department store and other businesses as well as the handling of all related operations. The company has three flagship Stores, The Isetan Shinjuku Main Store which gives life to art, music, and future entertainment, The Mitsukoshi Nihombashi Main Store creates art and culture that appeal to a new segment of customers, and The Mitsukoshi Ginza Store which has refined itself to serve the needs of a global clientele.

Isetan Mitsukoshi Holdings (TSE:3099) Headlines

No Headlines