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Taiyo Yuden Co (TSE:6976) E10 : 円168.90 (As of Dec. 2023)


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What is Taiyo Yuden 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.

Taiyo Yuden Co's adjusted earnings per share data for the three months ended in Dec. 2023 was 円1.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円168.90 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Taiyo Yuden 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 Taiyo Yuden Co was 72.70% per year. The lowest was 43.30% per year. And the median was 50.60% per year.

As of today (2024-05-26), Taiyo Yuden Co's current stock price is 円3269.00. Taiyo Yuden Co's E10 for the quarter that ended in Dec. 2023 was 円168.90. Taiyo Yuden Co's Shiller PE Ratio of today is 19.35.

During the past 13 years, the highest Shiller PE Ratio of Taiyo Yuden Co was 306.26. The lowest was 18.77. And the median was 56.62.


Taiyo Yuden Co E10 Historical Data

The historical data trend for Taiyo Yuden 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.

Taiyo Yuden Co E10 Chart

Taiyo Yuden 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 54.11 81.75 145.94 167.89 -

Taiyo Yuden 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 167.89 166.93 169.46 168.90 -

Competitive Comparison of Taiyo Yuden Co's E10

For the Electronic Components subindustry, Taiyo Yuden 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.


Taiyo Yuden Co's Shiller PE Ratio Distribution in the Hardware Industry

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

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



Taiyo Yuden 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, Taiyo Yuden 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)
=1.33/106.8000*106.8000
=1.330

Current CPI (Dec. 2023) = 106.8000.

Taiyo Yuden Co Quarterly Data

per share eps CPI Adj_EPS
201403 7.170 95.700 8.002
201406 -9.350 98.000 -10.190
201409 15.508 98.500 16.815
201412 44.400 97.900 48.436
201503 38.900 97.900 42.436
201506 23.950 98.400 25.995
201509 38.310 98.500 41.538
201512 50.360 98.100 54.826
201603 2.920 97.900 3.185
201606 1.740 98.100 1.894
201609 5.330 98.000 5.809
201612 31.820 98.400 34.536
201703 3.540 98.100 3.854
201706 24.340 98.500 26.391
201709 33.360 98.800 36.061
201712 41.450 99.400 44.536
201803 28.730 99.200 30.931
201806 44.140 99.200 47.522
201809 42.070 99.900 44.976
201812 67.780 99.700 72.607
201903 27.860 99.700 29.844
201906 56.130 99.800 60.067
201909 64.850 100.100 69.191
201912 37.150 100.500 39.479
202003 -15.490 100.300 -16.494
202006 36.090 99.900 38.583
202009 54.820 99.900 58.606
202012 66.590 99.300 71.619
202103 69.820 99.900 74.642
202106 103.020 99.500 110.578
202109 122.910 100.100 131.137
202112 106.480 100.100 113.607
202203 99.780 101.100 105.406
202206 97.920 101.800 102.729
202209 101.120 103.100 104.749
202212 15.770 104.100 16.179
202303 -29.180 104.400 -29.851
202306 7.220 105.200 7.330
202309 19.980 106.200 20.093
202312 1.330 106.800 1.330

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


Taiyo Yuden Co  (TSE:6976) 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.

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

Shiller PE Ratio=Share Price/E10
=3269.00/168.9
=19.35

* 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 Taiyo Yuden Co was 306.26. The lowest was 18.77. And the median was 56.62.


Be Aware

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


Taiyo Yuden Co E10 Related Terms

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


Taiyo Yuden Co (TSE:6976) Business Description

Traded in Other Exchanges
Address
6-16-20, Ueno, Taito-ku, Tokyo, JPN, 110-0005
Taiyo Yuden produces passive components for electronic devices. Passive components are used to enable wireless communication, store electricity, handle electric flow, remove electromagnetic noise from circuits, and so on. Passive components are imperative for electronic circuits—for instance, one high-end smartphone contains more than 1,000 passive components. Taiyo Yuden is the global third multilayer ceramic capacitor player, with 13% market share in 2021.

Taiyo Yuden Co (TSE:6976) Headlines

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