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Mk Seiko Co (TSE:5906) E10 : 円48.85 (As of Dec. 2023)


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What is Mk Seiko 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.

Mk Seiko Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円58.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円48.85 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mk Seiko Co's average E10 Growth Rate was 19.20% per year. During the past 3 years, the average E10 Growth Rate was 13.90% 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 Mk Seiko Co was 13.90% per year. The lowest was 13.00% per year. And the median was 13.45% per year.

As of today (2024-05-26), Mk Seiko Co's current stock price is 円397.00. Mk Seiko Co's E10 for the quarter that ended in Dec. 2023 was 円48.85. Mk Seiko Co's Shiller PE Ratio of today is 8.13.

During the past 13 years, the highest Shiller PE Ratio of Mk Seiko Co was 16.98. The lowest was 8.13. And the median was 9.92.


Mk Seiko Co E10 Historical Data

The historical data trend for Mk Seiko 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.

Mk Seiko Co E10 Chart

Mk Seiko Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.24 28.86 37.61 37.91 42.63

Mk Seiko Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 40.97 42.63 43.07 46.01 48.85

Competitive Comparison of Mk Seiko Co's E10

For the Consumer Electronics subindustry, Mk Seiko 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.


Mk Seiko Co's Shiller PE Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Mk Seiko Co's Shiller PE Ratio distribution charts can be found below:

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



Mk Seiko 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, Mk Seiko Co'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)
=58.3/106.8000*106.8000
=58.300

Current CPI (Dec. 2023) = 106.8000.

Mk Seiko Co Quarterly Data

per share eps CPI Adj_EPS
201403 -10.564 95.700 -11.789
201406 12.630 98.000 13.764
201409 5.630 98.500 6.104
201412 26.020 97.900 28.385
201503 -11.880 97.900 -12.960
201506 11.350 98.400 12.319
201509 9.180 98.500 9.954
201512 26.655 98.100 29.019
201603 -19.990 97.900 -21.807
201606 8.100 98.100 8.818
201609 20.360 98.000 22.188
201612 28.549 98.400 30.986
201703 -14.630 98.100 -15.927
201706 10.390 98.500 11.266
201709 20.290 98.800 21.933
201712 23.330 99.400 25.067
201803 -21.070 99.200 -22.684
201806 12.790 99.200 13.770
201809 20.996 99.900 22.446
201812 38.110 99.700 40.824
201903 -19.246 99.700 -20.617
201906 9.030 99.800 9.663
201909 15.830 100.100 16.890
201912 31.361 100.500 33.327
202003 -26.800 100.300 -28.537
202006 10.510 99.900 11.236
202009 23.730 99.900 25.369
202012 43.085 99.300 46.339
202103 -41.440 99.900 -44.302
202106 14.020 99.500 15.049
202109 16.460 100.100 17.562
202112 20.400 100.100 21.765
202203 -12.010 101.100 -12.687
202206 5.160 101.800 5.413
202209 27.880 103.100 28.881
202212 49.250 104.100 50.527
202303 -2.380 104.400 -2.435
202306 10.990 105.200 11.157
202309 33.770 106.200 33.961
202312 58.300 106.800 58.300

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


Mk Seiko Co  (TSE:5906) 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.

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

Shiller PE Ratio=Share Price/E10
=397.00/48.85
=8.13

* 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 Mk Seiko Co was 16.98. The lowest was 8.13. And the median was 9.92.


Be Aware

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


Mk Seiko Co E10 Related Terms

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


Mk Seiko Co (TSE:5906) Business Description

Traded in Other Exchanges
N/A
Address
1825, Amenomiya, Nagano-ken, Chikuma, JPN, 387 8603
Mk Seiko Co Ltd is a Japanese manufacturer and seller of automotive service equipment, information equipment and household equipment. In automotive service equipment, the company offers car washing machines, freon cleaning and charging machines and others. It offers information equipment like large screen televisions for outside and auditoriums, road information equipment and color display equipment for shops. The household products offered by the company are low-temperature farm product storage, bread makers and oil supply pumps.

Mk Seiko Co (TSE:5906) Headlines

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