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Foster Electric Co (TSE:6794) E10 : 円27.56 (As of Dec. 2023)


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What is Foster Electric 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.

Foster Electric Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円61.415. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円27.56 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Foster Electric Co's average E10 Growth Rate was -17.00% per year. During the past 3 years, the average E10 Growth Rate was -33.30% per year. During the past 5 years, the average E10 Growth Rate was -28.20% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Foster Electric Co was -21.40% per year. The lowest was -33.30% per year. And the median was -31.20% per year.

As of today (2024-05-24), Foster Electric Co's current stock price is 円1370.00. Foster Electric Co's E10 for the quarter that ended in Dec. 2023 was 円27.56. Foster Electric Co's Shiller PE Ratio of today is 49.71.

During the past 13 years, the highest Shiller PE Ratio of Foster Electric Co was 49.49. The lowest was 7.02. And the median was 13.81.


Foster Electric Co E10 Historical Data

The historical data trend for Foster Electric 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.

Foster Electric Co E10 Chart

Foster Electric Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.99 116.82 80.58 44.69 34.64

Foster Electric Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 33.20 34.64 29.18 27.43 27.56

Competitive Comparison of Foster Electric Co's E10

For the Consumer Electronics subindustry, Foster Electric 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.


Foster Electric Co's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Foster Electric 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, Foster Electric 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)
=61.415/106.8000*106.8000
=61.415

Current CPI (Dec. 2023) = 106.8000.

Foster Electric Co Quarterly Data

per share eps CPI Adj_EPS
201403 -74.280 95.700 -82.896
201406 36.180 98.000 39.429
201409 56.490 98.500 61.250
201412 98.560 97.900 107.520
201503 9.670 97.900 10.549
201506 66.700 98.400 72.394
201509 98.005 98.500 106.263
201512 116.760 98.100 127.115
201603 -26.052 97.900 -28.420
201606 37.280 98.100 40.586
201609 -45.790 98.000 -49.902
201612 1.040 98.400 1.129
201703 48.630 98.100 52.943
201706 29.950 98.500 32.474
201709 69.510 98.800 75.138
201712 135.019 99.400 145.071
201803 -68.730 99.200 -73.996
201806 -95.780 99.200 -103.118
201809 26.570 99.900 28.405
201812 -11.830 99.700 -12.672
201903 -2.170 99.700 -2.325
201906 91.450 99.800 97.864
201909 1.017 100.100 1.085
201912 -32.760 100.500 -34.814
202003 9.430 100.300 10.041
202006 -34.890 99.900 -37.300
202009 -1.674 99.900 -1.790
202012 -16.436 99.300 -17.677
202103 -97.136 99.900 -103.845
202106 -38.530 99.500 -41.357
202109 -55.558 100.100 -59.277
202112 -54.180 100.100 -57.806
202203 -167.621 101.100 -177.071
202206 -8.260 101.800 -8.666
202209 -2.990 103.100 -3.097
202212 0.340 104.100 0.349
202303 49.073 104.400 50.201
202306 -1.630 105.200 -1.655
202309 51.800 106.200 52.093
202312 61.415 106.800 61.415

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


Foster Electric Co  (TSE:6794) 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.

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

Shiller PE Ratio=Share Price/E10
=1370.00/27.56
=49.71

* 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 Foster Electric Co was 49.49. The lowest was 7.02. And the median was 13.81.


Be Aware

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


Foster Electric Co E10 Related Terms

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


Foster Electric Co (TSE:6794) Business Description

Traded in Other Exchanges
N/A
Address
1-1-109, Tsutsujigaoka, Akishima City, Tokyo, JPN, 196-8550
Foster Electric is a Japan-based company that conducts operation through four segments. The information and communication components and products segment produces and sells headsets and small speakers for mobile phones and commercial microphones, and this segment contributes around half of total revenue. The automotive components and products segment produces car speakers and car speaker systems. The acoustic components and products segment offers speakers and speaker systems for audio devices and TVs, amplifier built-in speakers, headphones, and others. The other segment offers Fostex brand products, micro acoustic components, and logistics services. The company has manufacturing bases in various countries, such as China, Vietnam, South Korea, Indonesia, and elsewhere.

Foster Electric Co (TSE:6794) Headlines

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