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Alps Alpine Co (TSE:6770) E10 : 円104.77 (As of Dec. 2023)


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What is Alps Alpine 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.

Alps Alpine Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円-131.823. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円104.77 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Alps Alpine 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 Alps Alpine Co was 19.70% per year. The lowest was -0.20% per year. And the median was 19.10% per year.

As of today (2024-06-08), Alps Alpine Co's current stock price is 円1494.50. Alps Alpine Co's E10 for the quarter that ended in Dec. 2023 was 円104.77. Alps Alpine Co's Shiller PE Ratio of today is 14.26.

During the past 13 years, the highest Shiller PE Ratio of Alps Alpine Co was 66.32. The lowest was 7.30. And the median was 16.08.


Alps Alpine Co E10 Historical Data

The historical data trend for Alps Alpine 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.

Alps Alpine Co E10 Chart

Alps Alpine 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 104.36 95.53 105.37 118.88 -

Alps Alpine 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 118.88 118.80 120.88 104.77 -

Competitive Comparison of Alps Alpine Co's E10

For the Electronic Components subindustry, Alps Alpine 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.


Alps Alpine Co's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Alps Alpine 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, Alps Alpine 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)
=-131.823/106.8000*106.8000
=-131.823

Current CPI (Dec. 2023) = 106.8000.

Alps Alpine Co Quarterly Data

per share eps CPI Adj_EPS
201403 17.819 95.700 19.886
201406 9.260 98.000 10.092
201409 62.160 98.500 67.398
201412 86.700 97.900 94.582
201503 31.780 97.900 34.669
201506 44.610 98.400 48.418
201509 102.490 98.500 111.126
201512 40.790 98.100 44.407
201603 7.880 97.900 8.596
201606 13.470 98.100 14.665
201609 31.920 98.000 34.786
201612 98.510 98.400 106.919
201703 34.300 98.100 37.342
201706 32.290 98.500 35.011
201709 94.550 98.800 102.206
201712 99.790 99.400 107.219
201803 15.190 99.200 16.354
201806 19.640 99.200 21.145
201809 69.200 99.900 73.980
201812 49.940 99.700 53.496
201903 -28.650 99.700 -30.690
201906 -5.390 99.800 -5.768
201909 34.190 100.100 36.478
201912 -3.170 100.500 -3.369
202003 -45.386 100.300 -48.327
202006 -44.560 99.900 -47.638
202009 0.577 99.900 0.617
202012 33.360 99.300 35.880
202103 -8.110 99.900 -8.670
202106 -20.980 99.500 -22.519
202109 31.488 100.100 33.596
202112 60.690 100.100 64.752
202203 39.590 101.100 41.822
202206 12.670 101.800 13.292
202209 72.010 103.100 74.594
202212 17.980 104.100 18.446
202303 -46.910 104.400 -47.988
202306 -11.550 105.200 -11.726
202309 44.200 106.200 44.450
202312 -131.823 106.800 -131.823

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


Alps Alpine Co  (TSE:6770) 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.

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

Shiller PE Ratio=Share Price/E10
=1494.50/104.77
=14.26

* 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 Alps Alpine Co was 66.32. The lowest was 7.30. And the median was 16.08.


Be Aware

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


Alps Alpine Co E10 Related Terms

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


Alps Alpine Co (TSE:6770) Business Description

Traded in Other Exchanges
Address
1-7, Yukigaya-otsukamachi, Ota-ku, Tokyo, JPN, 145-8501
Alps Alpine Co Ltd operates in two major business segments: electronic components, automotive infotainment, lodistics and others.. The electronic components segment develops, manufactures, and sells a broad range of electronic components in both consumer and automotive markets. The automotive infotainment segment develops, produces, and markets audio, information, and communication equipment. The company generates the majority of revenue from the electronic components segment and the automotive infotainment segment. It has a business presence worldwide, with the United States, Japan, China, and Germany its four largest markets.

Alps Alpine Co (TSE:6770) Headlines

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