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IBJ (TSE:6071) E10 : 円28.19 (As of Mar. 2024)


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What is IBJ 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.

IBJ's adjusted earnings per share data for the three months ended in Mar. 2024 was 円12.540. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円28.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, IBJ's average E10 Growth Rate was 12.20% 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.

As of today (2024-06-08), IBJ's current stock price is 円608.00. IBJ's E10 for the quarter that ended in Mar. 2024 was 円28.19. IBJ's Shiller PE Ratio of today is 21.57.

During the past 13 years, the highest Shiller PE Ratio of IBJ was 70.81. The lowest was 18.38. And the median was 26.24.


IBJ E10 Historical Data

The historical data trend for IBJ'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.

IBJ E10 Chart

IBJ 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 - - - 24.28 28.22

IBJ 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 25.13 26.19 27.63 28.22 28.19

Competitive Comparison of IBJ's E10

For the Personal Services subindustry, IBJ'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.


IBJ's Shiller PE Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, IBJ's Shiller PE Ratio distribution charts can be found below:

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



IBJ 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, IBJ'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)
=12.54/107.2000*107.2000
=12.540

Current CPI (Mar. 2024) = 107.2000.

IBJ Quarterly Data

per share eps CPI Adj_EPS
201406 2.497 98.000 2.731
201409 3.462 98.500 3.768
201412 2.590 97.900 2.836
201503 3.070 97.900 3.362
201506 3.027 98.400 3.298
201509 3.270 98.500 3.559
201512 4.693 98.100 5.128
201603 4.170 97.900 4.566
201606 4.730 98.100 5.169
201609 4.830 98.000 5.283
201612 4.440 98.400 4.837
201703 5.630 98.100 6.152
201706 5.290 98.500 5.757
201709 7.780 98.800 8.441
201712 7.790 99.400 8.401
201803 5.407 99.200 5.843
201806 5.237 99.200 5.659
201809 6.650 99.900 7.136
201812 8.910 99.700 9.580
201903 6.080 99.700 6.537
201906 12.060 99.800 12.954
201909 11.010 100.100 11.791
201912 9.118 100.500 9.726
202003 8.110 100.300 8.668
202006 -2.804 99.900 -3.009
202009 3.340 99.900 3.584
202012 8.498 99.300 9.174
202103 6.310 99.900 6.771
202106 2.867 99.500 3.089
202109 6.710 100.100 7.186
202112 10.435 100.100 11.175
202203 9.020 101.100 9.564
202206 9.500 101.800 10.004
202209 10.590 103.100 11.011
202212 8.060 104.100 8.300
202303 9.090 104.400 9.334
202306 10.880 105.200 11.087
202309 14.240 106.200 14.374
202312 6.501 106.800 6.525
202403 12.540 107.200 12.540

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


IBJ  (TSE:6071) 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.

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

Shiller PE Ratio=Share Price/E10
=608.00/28.19
=21.57

* 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 IBJ was 70.81. The lowest was 18.38. And the median was 26.24.


Be Aware

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


IBJ E10 Related Terms

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


IBJ (TSE:6071) Business Description

Traded in Other Exchanges
Address
1-6-2 Kojimachi, Chiyoda-ku, Tokyo, JPN, 102-0083
IBJ Inc operates marriage consultation business in Japan.

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