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MCJ Co (TSE:6670) E10 : 円75.33 (As of Dec. 2023)


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What is MCJ 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.

MCJ Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円34.653. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円75.33 for the trailing ten years ended in Dec. 2023.

During the past 12 months, MCJ Co's average E10 Growth Rate was -100.00% 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 MCJ Co was 21.00% per year. The lowest was 4.10% per year. And the median was 19.60% per year.

As of today (2024-05-19), MCJ Co's current stock price is 円1289.00. MCJ Co's E10 for the quarter that ended in Dec. 2023 was 円75.33. MCJ Co's Shiller PE Ratio of today is 17.11.

During the past 13 years, the highest Shiller PE Ratio of MCJ Co was 46.24. The lowest was 11.13. And the median was 20.33.


MCJ Co E10 Historical Data

The historical data trend for MCJ 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.

MCJ Co E10 Chart

MCJ 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 38.27 46.72 55.02 65.54 -

MCJ 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 65.54 69.13 72.08 75.33 -

Competitive Comparison of MCJ Co's E10

For the Computer Hardware subindustry, MCJ 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.


MCJ Co's Shiller PE Ratio Distribution in the Hardware Industry

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

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



MCJ 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, MCJ 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)
=34.653/106.8000*106.8000
=34.653

Current CPI (Dec. 2023) = 106.8000.

MCJ Co Quarterly Data

per share eps CPI Adj_EPS
201403 3.955 95.700 4.414
201406 13.350 98.000 14.549
201409 6.391 98.500 6.930
201412 6.975 97.900 7.609
201503 -0.049 97.900 -0.053
201506 7.900 98.400 8.574
201509 6.429 98.500 6.971
201512 9.185 98.100 10.000
201603 8.225 97.900 8.973
201606 15.770 98.100 17.169
201609 16.595 98.000 18.085
201612 9.872 98.400 10.715
201703 9.480 98.100 10.321
201706 14.290 98.500 15.494
201709 10.220 98.800 11.048
201712 17.103 99.400 18.376
201803 18.120 99.200 19.508
201806 18.130 99.200 19.519
201809 13.860 99.900 14.817
201812 17.280 99.700 18.511
201903 18.616 99.700 19.942
201906 21.550 99.800 23.062
201909 25.329 100.100 27.024
201912 16.420 100.500 17.449
202003 13.430 100.300 14.300
202006 43.290 99.900 46.280
202009 21.609 99.900 23.102
202012 23.783 99.300 25.579
202103 13.240 99.900 14.154
202106 35.060 99.500 37.632
202109 18.031 100.100 19.238
202112 22.546 100.100 24.055
202203 18.980 101.100 20.050
202206 27.820 101.800 29.186
202209 25.060 103.100 25.959
202212 21.320 104.100 21.873
202303 23.590 104.400 24.132
202306 34.400 105.200 34.923
202309 28.980 106.200 29.144
202312 34.653 106.800 34.653

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


MCJ Co  (TSE:6670) 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.

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

Shiller PE Ratio=Share Price/E10
=1289.00/75.33
=17.11

* 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 MCJ Co was 46.24. The lowest was 11.13. And the median was 20.33.


Be Aware

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


MCJ Co E10 Related Terms

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


MCJ Co (TSE:6670) Business Description

Traded in Other Exchanges
N/A
Address
6-9-21 Midori-cho, Kasukabe, JPN
MCJ Co Ltd is engaged in PC manufacturing business. It also manufactures monitors and distributes PC peripherals, as well as engages in publishing business.

MCJ Co (TSE:6670) Headlines

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