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Milbon Co (TSE:4919) E10 : 円133.54 (As of Mar. 2024)


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What is Milbon 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.

Milbon Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円29.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円133.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Milbon Co's average E10 Growth Rate was 5.90% per year. During the past 3 years, the average E10 Growth Rate was 9.30% per year. During the past 5 years, the average E10 Growth Rate was 8.90% 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 Milbon Co was 9.40% per year. The lowest was -3.30% per year. And the median was 8.80% per year.

As of today (2024-05-24), Milbon Co's current stock price is 円3467.00. Milbon Co's E10 for the quarter that ended in Mar. 2024 was 円133.54. Milbon Co's Shiller PE Ratio of today is 25.96.

During the past 13 years, the highest Shiller PE Ratio of Milbon Co was 70.25. The lowest was 22.06. And the median was 51.44.


Milbon Co E10 Historical Data

The historical data trend for Milbon 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.

Milbon Co E10 Chart

Milbon Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.35 100.79 109.97 124.70 131.76

Milbon 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 126.05 128.50 128.36 131.76 133.54

Competitive Comparison of Milbon Co's E10

For the Household & Personal Products subindustry, Milbon 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.


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

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

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



Milbon 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, Milbon Co's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=29.91/107.2000*107.2000
=29.910

Current CPI (Mar. 2024) = 107.2000.

Milbon Co Quarterly Data

per share eps CPI Adj_EPS
201406 21.060 98.000 23.037
201409 20.020 98.500 21.788
201412 23.677 97.900 25.926
201503 19.395 97.900 21.237
201506 24.707 98.400 26.917
201509 27.095 98.500 29.488
201512 18.900 98.100 20.653
201603 16.685 97.900 18.270
201606 28.052 98.100 30.654
201609 27.650 98.000 30.246
201612 21.340 98.400 23.248
201703 16.440 98.100 17.965
201706 29.620 98.500 32.236
201709 49.734 98.800 53.962
201712 20.780 99.400 22.411
201803 32.830 99.200 35.478
201806 32.446 99.200 35.063
201809 36.269 99.900 38.919
201812 35.760 99.700 38.450
201903 25.720 99.700 27.655
201906 35.349 99.800 37.970
201909 43.140 100.100 46.200
201912 33.779 100.500 36.031
202003 18.450 100.300 19.719
202006 26.120 99.900 28.029
202009 39.640 99.900 42.537
202012 45.030 99.300 48.612
202103 33.570 99.900 36.023
202106 40.670 99.500 43.817
202109 40.360 100.100 43.223
202112 42.569 100.100 45.588
202203 35.890 101.100 38.055
202206 52.530 101.800 55.316
202209 44.140 103.100 45.895
202212 38.930 104.100 40.089
202303 27.130 104.400 27.858
202306 40.350 105.200 41.117
202309 9.040 106.200 9.125
202312 46.470 106.800 46.644
202403 29.910 107.200 29.910

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


Milbon Co  (TSE:4919) 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.

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

Shiller PE Ratio=Share Price/E10
=3467.00/133.54
=25.96

* 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 Milbon Co was 70.25. The lowest was 22.06. And the median was 51.44.


Be Aware

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


Milbon Co E10 Related Terms

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


Milbon Co (TSE:4919) Business Description

Traded in Other Exchanges
N/A
Address
Research Institute 2-3-35, Zengenji-cho, Miyakojima-ku, Osaka, JPN, 534-0015
Milbon Co Ltd is a Japan-based company that is principally engaged in producing and selling hair care products. Its products consist of hair-coloring products, hair-styling products, shampoos, conditioners, permanent-wave products, scalp lotion, hair treatments, tools for permanent waves, and other. Hair-care products and hair-coloring products jointly contribute the majority of the company's total revenue. The company operates through a global network, including Japan, Mainland China, Korea, Hong Kong, Taiwan, Thailand, Vietnam, Philippines, Malaysia, Indonesia, Turkey, and the United States.

Milbon Co (TSE:4919) Headlines

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