GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Miura Co Ltd (TSE:6005) » Definitions » E10

Miura Co (TSE:6005) E10 : 円116.58 (As of Mar. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Miura 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.

Miura Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円51.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円116.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Miura Co's average E10 Growth Rate was 13.80% per year. During the past 3 years, the average E10 Growth Rate was 13.80% per year. During the past 5 years, the average E10 Growth Rate was 13.50% 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 Miura Co was 13.80% per year. The lowest was 9.80% per year. And the median was 13.20% per year.

As of today (2024-05-24), Miura Co's current stock price is 円2845.00. Miura Co's E10 for the quarter that ended in Mar. 2024 was 円116.58. Miura Co's Shiller PE Ratio of today is 24.40.

During the past 13 years, the highest Shiller PE Ratio of Miura Co was 81.38. The lowest was 20.81. And the median was 47.03.


Miura Co E10 Historical Data

The historical data trend for Miura 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.

Miura Co E10 Chart

Miura Co 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 70.96 79.12 89.47 102.43 116.58

Miura 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 102.43 105.67 109.61 113.16 116.58

Competitive Comparison of Miura Co's E10

For the Specialty Industrial Machinery subindustry, Miura 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.


Miura Co's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Miura Co's Shiller PE Ratio distribution charts can be found below:

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



Miura 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, Miura 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)
=51.45/107.2000*107.2000
=51.450

Current CPI (Mar. 2024) = 107.2000.

Miura Co Quarterly Data

per share eps CPI Adj_EPS
201406 7.410 98.000 8.106
201409 17.990 98.500 19.579
201412 14.990 97.900 16.414
201503 25.910 97.900 28.371
201506 9.480 98.400 10.328
201509 19.390 98.500 21.103
201512 19.040 98.100 20.806
201603 18.390 97.900 20.137
201606 8.290 98.100 9.059
201609 25.720 98.000 28.135
201612 24.730 98.400 26.942
201703 21.160 98.100 23.123
201706 13.460 98.500 14.649
201709 28.310 98.800 30.717
201712 26.810 99.400 28.914
201803 23.270 99.200 25.147
201806 21.180 99.200 22.888
201809 31.400 99.900 33.694
201812 27.600 99.700 29.676
201903 28.620 99.700 30.773
201906 17.080 99.800 18.346
201909 39.540 100.100 42.345
201912 30.750 100.500 32.800
202003 34.380 100.300 36.745
202006 15.790 99.900 16.944
202009 35.240 99.900 37.815
202012 32.360 99.300 34.934
202103 29.040 99.900 31.162
202106 20.510 99.500 22.097
202109 39.510 100.100 42.312
202112 31.780 100.100 34.034
202203 34.160 101.100 36.221
202206 20.940 101.800 22.051
202209 44.830 103.100 46.613
202212 40.010 104.100 41.201
202303 43.610 104.400 44.780
202306 32.660 105.200 33.281
202309 48.090 106.200 48.543
202312 43.440 106.800 43.603
202403 51.450 107.200 51.450

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


Miura Co  (TSE:6005) 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.

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

Shiller PE Ratio=Share Price/E10
=2845.00/116.58
=24.40

* 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 Miura Co was 81.38. The lowest was 20.81. And the median was 47.03.


Be Aware

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


Miura Co E10 Related Terms

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


Miura Co (TSE:6005) Business Description

Traded in Other Exchanges
N/A
Address
7 Horie-cho, Matsuyama, Ehime, JPN, 799-2696
Miura Co Ltd is a Japan based company engaged in production, sale, and maintenance of small once-through boilers, marine boilers, exhaust gas boilers, water treatment equipment, food processing equipment, sterilizers, and chemicals, environmental certification, among others.

Miura Co (TSE:6005) Headlines

No Headlines