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Nitto Seimo Co (TSE:3524) E10 : 円183.88 (As of Jan. 2024)


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What is Nitto Seimo 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.

Nitto Seimo Co's adjusted earnings per share data for the three months ended in Jan. 2024 was 円-48.272. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円183.88 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Nitto Seimo Co's average E10 Growth Rate was 2.60% per year. During the past 3 years, the average E10 Growth Rate was 4.00% per year. During the past 5 years, the average E10 Growth Rate was 7.70% 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 Nitto Seimo Co was 14.30% per year. The lowest was 4.00% per year. And the median was 6.90% per year.

As of today (2024-06-08), Nitto Seimo Co's current stock price is 円1475.00. Nitto Seimo Co's E10 for the quarter that ended in Jan. 2024 was 円183.88. Nitto Seimo Co's Shiller PE Ratio of today is 8.02.

During the past 13 years, the highest Shiller PE Ratio of Nitto Seimo Co was 15.09. The lowest was 6.87. And the median was 8.58.


Nitto Seimo Co E10 Historical Data

The historical data trend for Nitto Seimo 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.

Nitto Seimo Co E10 Chart

Nitto Seimo Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.05 157.91 183.58 182.00 177.44

Nitto Seimo 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 179.25 177.44 181.64 187.11 183.88

Competitive Comparison of Nitto Seimo Co's E10

For the Textile Manufacturing subindustry, Nitto Seimo 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.


Nitto Seimo Co's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitto Seimo Co's Shiller PE Ratio distribution charts can be found below:

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



Nitto Seimo 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, Nitto Seimo Co's adjusted earnings per share data for the three months ended in Jan. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=-48.272/106.9000*106.9000
=-48.272

Current CPI (Jan. 2024) = 106.9000.

Nitto Seimo Co Quarterly Data

per share eps CPI Adj_EPS
201404 163.099 97.700 178.457
201407 5.800 98.100 6.320
201410 52.400 98.200 57.042
201501 -2.600 97.800 -2.842
201504 105.000 98.400 114.070
201507 24.700 98.300 26.861
201510 33.330 98.500 36.172
201601 -35.840 97.700 -39.215
201604 206.812 98.100 225.364
201607 32.190 97.900 35.149
201610 100.670 98.600 109.144
201701 44.544 98.200 48.490
201704 37.666 98.500 40.878
201707 39.490 98.300 42.945
201710 85.750 98.800 92.780
201801 17.174 99.500 18.451
201804 134.620 99.100 145.216
201807 -30.490 99.200 -32.857
201810 91.112 100.200 97.204
201901 -15.350 99.700 -16.459
201904 188.970 100.000 202.009
201907 -9.930 99.800 -10.636
201910 93.316 100.400 99.357
202001 -68.030 100.500 -72.362
202004 93.499 100.200 99.751
202007 47.050 100.000 50.296
202010 56.798 99.800 60.839
202101 -35.170 99.800 -37.672
202104 93.194 99.100 100.529
202107 -11.010 99.700 -11.805
202110 -5.361 99.900 -5.737
202201 17.480 100.300 18.630
202204 72.340 101.500 76.189
202207 6.280 102.300 6.562
202210 40.599 103.700 41.852
202301 -23.524 104.700 -24.018
202304 -3.780 105.100 -3.845
202307 25.490 105.700 25.779
202310 88.350 107.100 88.185
202401 -48.272 106.900 -48.272

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


Nitto Seimo Co  (TSE:3524) 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.

Nitto Seimo Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1475.00/183.88
=8.02

* 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 Nitto Seimo Co was 15.09. The lowest was 6.87. And the median was 8.58.


Be Aware

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


Nitto Seimo Co E10 Related Terms

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


Nitto Seimo Co (TSE:3524) Business Description

Traded in Other Exchanges
Address
2-20-15 Shimbashi, Minato-ku, Tokyo, JPN
Nitto Seimo Co Ltd is engaged in manufacturing and sales of knotless nets, knotted nets, minnow nets, and ropes for fishery and onshore use and sales of laborsaving machinery and equipment for vessels and fishing operation as well as marine products.

Nitto Seimo Co (TSE:3524) Headlines

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