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Seiko Epson (TSE:6724) E10 : 円172.00 (As of Mar. 2024)


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What is Seiko Epson 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.

Seiko Epson's adjusted earnings per share data for the three months ended in Mar. 2024 was 円30.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円172.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Seiko Epson's average E10 Growth Rate was -3.20% per year. During the past 3 years, the average E10 Growth Rate was 12.60% per year. During the past 5 years, the average E10 Growth Rate was 11.80% 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 Seiko Epson was 23.70% per year. The lowest was 11.50% per year. And the median was 14.15% per year.

As of today (2024-05-20), Seiko Epson's current stock price is 円2436.50. Seiko Epson's E10 for the quarter that ended in Mar. 2024 was 円172.00. Seiko Epson's Shiller PE Ratio of today is 14.17.

During the past 13 years, the highest Shiller PE Ratio of Seiko Epson was 48.38. The lowest was 8.57. And the median was 14.24.


Seiko Epson E10 Historical Data

The historical data trend for Seiko Epson'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.

Seiko Epson E10 Chart

Seiko Epson 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 114.70 120.51 147.41 177.62 172.00

Seiko Epson 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 177.62 183.51 182.84 181.30 172.00

Competitive Comparison of Seiko Epson's E10

For the Computer Hardware subindustry, Seiko Epson'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.


Seiko Epson's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Seiko Epson 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, Seiko Epson'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)
=30.6/107.2000*107.2000
=30.600

Current CPI (Mar. 2024) = 107.2000.

Seiko Epson Quarterly Data

per share eps CPI Adj_EPS
201406 130.230 98.000 142.456
201409 53.090 98.500 57.779
201412 69.570 97.900 76.179
201503 61.726 97.900 67.590
201506 29.430 98.400 32.062
201509 43.320 98.500 47.146
201512 80.890 98.100 88.394
201603 -25.700 97.900 -28.141
201606 11.580 98.100 12.654
201609 40.660 98.000 44.477
201612 81.020 98.400 88.266
201703 3.890 98.100 4.251
201706 28.970 98.500 31.529
201709 13.573 98.800 14.727
201712 55.560 99.400 59.920
201803 20.640 99.200 22.305
201806 31.700 99.200 34.256
201809 25.660 99.900 27.535
201812 72.950 99.700 78.438
201903 22.120 99.700 23.784
201906 0.710 99.800 0.763
201909 34.610 100.100 37.065
201912 35.450 100.500 37.813
202003 -48.250 100.300 -51.569
202006 -0.710 99.900 -0.762
202009 12.940 99.900 13.886
202012 46.420 99.300 50.113
202103 30.710 99.900 32.954
202106 50.550 99.500 54.462
202109 54.910 100.100 58.805
202112 72.280 100.100 77.407
202203 88.900 101.100 94.264
202206 77.080 101.800 81.169
202209 68.860 103.100 71.598
202212 32.750 104.100 33.725
202303 41.400 104.400 42.510
202306 60.890 105.200 62.048
202309 21.990 106.200 22.197
202312 45.190 106.800 45.359
202403 30.600 107.200 30.600

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


Seiko Epson  (TSE:6724) 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.

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

Shiller PE Ratio=Share Price/E10
=2436.50/172
=14.17

* 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 Seiko Epson was 48.38. The lowest was 8.57. And the median was 14.24.


Be Aware

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


Seiko Epson E10 Related Terms

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


Seiko Epson (TSE:6724) Business Description

Traded in Other Exchanges
Address
3-5 Owa 3-chome, Suwa, Nagano, JPN, 392-8502
Seiko Epson Corp is a Japan-based electronics manufacturer of printers and imaging equipment. The firm's product portfolio includes inkjet, dot matrix, and laser printers, scanners, desktop computers, business, multimedia and home theatre projectors, large home theatre televisions, robots and industrial automation equipment, point of sale docket printers and cash registers, laptops, integrated circuits, and associated electronic components. The firm has operations in the Americas, Middle East and Africa, Australia, and Asia-Pacific regions.

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