GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Toshiba Tec Corp (TSE:6588) » Definitions » E10

Toshiba Tec (TSE:6588) E10 : 円-152.99 (As of Dec. 2023)


View and export this data going back to 1962. Start your Free Trial

What is Toshiba Tec 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.

Toshiba Tec's adjusted earnings per share data for the three months ended in Dec. 2023 was 円-318.895. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円-152.99 for the trailing ten years ended in Dec. 2023.

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 Toshiba Tec was 5.70% per year. The lowest was -13.50% per year. And the median was 1.50% per year.

As of today (2024-05-27), Toshiba Tec's current stock price is 円3065.00. Toshiba Tec's E10 for the quarter that ended in Dec. 2023 was 円-152.99. Toshiba Tec's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Toshiba Tec was 53.53. The lowest was 0.00. And the median was 37.31.


Toshiba Tec E10 Historical Data

The historical data trend for Toshiba Tec'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.

Toshiba Tec E10 Chart

Toshiba Tec 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 -75.98 -75.17 -71.15 -111.00 -

Toshiba Tec 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 -111.00 -115.05 -116.92 -152.99 -

Competitive Comparison of Toshiba Tec's E10

For the Computer Hardware subindustry, Toshiba Tec'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.


Toshiba Tec's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Toshiba Tec 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, Toshiba Tec'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)
=-318.895/106.8000*106.8000
=-318.895

Current CPI (Dec. 2023) = 106.8000.

Toshiba Tec Quarterly Data

per share eps CPI Adj_EPS
201403 27.500 95.700 30.690
201406 29.650 98.000 32.312
201409 64.050 98.500 69.447
201412 -18.250 97.900 -19.909
201503 -84.127 97.900 -91.775
201506 -87.700 98.400 -95.187
201509 -1,252.550 98.500 -1,358.095
201512 -72.837 98.100 -79.297
201603 -470.550 97.900 -513.327
201606 5.450 98.100 5.933
201609 72.900 98.000 79.446
201612 11.950 98.400 12.970
201703 50.700 98.100 55.196
201706 26.500 98.500 28.733
201709 67.130 98.800 72.566
201712 120.280 99.400 129.234
201803 104.470 99.200 112.474
201806 29.240 99.200 31.480
201809 49.030 99.900 52.416
201812 88.340 99.700 94.631
201903 37.110 99.700 39.753
201906 76.380 99.800 81.737
201909 66.950 100.100 71.431
201912 45.740 100.500 48.607
202003 -121.470 100.300 -129.342
202006 -79.660 99.900 -85.162
202009 -47.066 99.900 -50.317
202012 65.329 99.300 70.263
202103 190.863 99.900 204.046
202106 48.910 99.500 52.498
202109 -4.130 100.100 -4.406
202112 67.740 100.100 72.274
202203 -14.870 101.100 -15.708
202206 -39.070 101.800 -40.989
202209 -76.073 103.100 -78.803
202212 78.865 104.100 80.910
202303 -212.140 104.400 -217.017
202306 0.700 105.200 0.711
202309 38.400 106.200 38.617
202312 -318.895 106.800 -318.895

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


Toshiba Tec  (TSE:6588) 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.

During the past 13 years, the highest Shiller P/E Ratio of Toshiba Tec was 53.53. The lowest was 0.00. And the median was 37.31.


Be Aware

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


Toshiba Tec E10 Related Terms

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


Toshiba Tec (TSE:6588) Business Description

Traded in Other Exchanges
Address
1-11-1, Osaki, Shinagawa-ku, Gate City Ohsaki West Tower, Tokyo, JPN, 141-8562
Toshiba Tec Corp is a Japan-based company that designs, manufactures, and distributes office equipment and machinery. Its product lineup is organized in four segments--retail solutions, which includes point-of-sale systems, self-checkout machines, kiosks and displays; printing solutions, which includes desktop, mobile, barcode, and multifunction printers; inkjet solutions, which includes high resolution inkjet printers; and original design manufacturer solutions, which include print heads, power supplies, barcodes, knives, cutters, display units, and other modules. The firm has operations in the Americas, Europe, Middle East and Africa, and Asia-Pacific regions.

Toshiba Tec (TSE:6588) Headlines

No Headlines