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Good Com Asset Co (TSE:3475) E10 : 円46.59 (As of Jan. 2024)


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What is Good Com Asset 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.

Good Com Asset Co's adjusted earnings per share data for the fiscal year that ended in Oct. 2023 was 円35.770. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円46.59 for the trailing ten years ended in Oct. 2023.

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.

As of today (2024-06-10), Good Com Asset Co's current stock price is 円 710.00. Good Com Asset Co's E10 for the fiscal year that ended in Oct. 2023 was 円46.59. Good Com Asset Co's Shiller PE Ratio of today is 15.24.

During the past 10 years, the highest Shiller PE Ratio of Good Com Asset Co was 22.00. The lowest was 13.80. And the median was 15.93.


Good Com Asset Co E10 Historical Data

The historical data trend for Good Com Asset 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.

Good Com Asset Co E10 Chart

Good Com Asset Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 46.59

Good Com Asset Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - 46.59 -

Competitive Comparison of Good Com Asset Co's E10

For the Real Estate - Diversified subindustry, Good Com Asset 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.


Good Com Asset Co's Shiller PE Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Good Com Asset Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Good Com Asset Co's Shiller PE Ratio falls into.



Good Com Asset 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, Good Com Asset Co's adjusted earnings per share data for the fiscal year that ended in Oct. 2023 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=35.77/107.1000*107.1000
=35.770

Current CPI (Oct. 2023) = 107.1000.

Good Com Asset Co Annual Data

per_share_eps CPI Adj_EPS
201410 8.100 98.200 8.834
201510 33.587 98.500 36.519
201610 33.626 98.600 36.525
201710 25.035 98.800 27.138
201810 38.023 100.200 40.641
201910 37.585 100.400 40.093
202010 61.200 99.800 65.677
202110 67.240 99.900 72.086
202210 99.340 103.700 102.597
202310 35.770 107.100 35.770

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


Good Com Asset Co  (TSE:3475) 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.

Good Com Asset Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=710.00/46.59
=15.24

* 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 10 years, the highest Shiller P/E Ratio of Good Com Asset Co was 22.00. The lowest was 13.80. And the median was 15.93.


Be Aware

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


Good Com Asset Co E10 Related Terms

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


Good Com Asset Co (TSE:3475) Business Description

Traded in Other Exchanges
N/A
Address
7-20-1, Nishishinjuku, 17th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-0023
Good Com Asset Co Ltd is a Japan-based company mainly engaged in planning, development, sale and management of newly built apartments. It primarily engages in planning, developing, managing, and selling mansions primarily in Japan. It is also providing rent management and real estate consultancy services, as well as property and casualty insurance products.

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