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Mebuki Financial Group (TSE:7167) E10 : 円53.57 (As of Dec. 2023)


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What is Mebuki Financial Group 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.

Mebuki Financial Group's adjusted earnings per share data for the three months ended in Dec. 2023 was 円8.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円53.57 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Mebuki Financial Group'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.

As of today (2024-06-10), Mebuki Financial Group's current stock price is 円593.60. Mebuki Financial Group's E10 for the quarter that ended in Dec. 2023 was 円53.57. Mebuki Financial Group's Shiller PE Ratio of today is 11.08.

During the past 13 years, the highest Shiller PE Ratio of Mebuki Financial Group was 11.76. The lowest was 0.18. And the median was 6.62.


Mebuki Financial Group E10 Historical Data

The historical data trend for Mebuki Financial Group'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.

Mebuki Financial Group E10 Chart

Mebuki Financial Group 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 - - 1,331.26 49.24 -

Mebuki Financial Group 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 49.24 53.89 53.80 53.57 -

Competitive Comparison of Mebuki Financial Group's E10

For the Banks - Regional subindustry, Mebuki Financial Group'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.


Mebuki Financial Group's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mebuki Financial Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mebuki Financial Group's Shiller PE Ratio falls into.



Mebuki Financial Group 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, Mebuki Financial Group'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)
=8.59/106.8000*106.8000
=8.590

Current CPI (Dec. 2023) = 106.8000.

Mebuki Financial Group Quarterly Data

per share eps CPI Adj_EPS
201403 -9.930 95.700 -11.082
201406 6.430 98.000 7.007
201409 16.894 98.500 18.318
201412 13.660 97.900 14.902
201503 14.248 97.900 15.543
201506 23.120 98.400 25.094
201509 10.035 98.500 10.881
201512 10.350 98.100 11.268
201603 23.860 97.900 26.029
201606 19.240 98.100 20.946
201609 16.850 98.000 18.363
201612 119.712 98.400 129.931
201703 -3.460 98.100 -3.767
201706 10.230 98.500 11.092
201709 10.920 98.800 11.804
201712 11.840 99.400 12.721
201803 3.550 99.200 3.822
201806 11.450 99.200 12.327
201809 11.680 99.900 12.487
201812 9.100 99.700 9.748
201903 7.220 99.700 7.734
201906 9.940 99.800 10.637
201909 9.270 100.100 9.890
201912 11.030 100.500 11.721
202003 0.880 100.300 0.937
202006 11.280 99.900 12.059
202009 7.350 99.900 7.858
202012 6.790 99.300 7.303
202103 6.010 99.900 6.425
202106 16.620 99.500 17.839
202109 5.520 100.100 5.889
202112 12.520 100.100 13.358
202203 4.280 101.100 4.521
202206 14.210 101.800 14.908
202209 10.720 103.100 11.105
202212 4.530 104.100 4.647
202303 0.346 104.400 0.354
202306 14.650 105.200 14.873
202309 7.600 106.200 7.643
202312 8.590 106.800 8.590

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


Mebuki Financial Group  (TSE:7167) 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.

Mebuki Financial Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=593.60/53.57
=11.08

* 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 Mebuki Financial Group was 11.76. The lowest was 0.18. And the median was 6.62.


Be Aware

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


Mebuki Financial Group E10 Related Terms

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


Mebuki Financial Group (TSE:7167) Business Description

Traded in Other Exchanges
Address
1-25, Sakura 4-chome Utsunomiya, Utsunomiya, Tochigi, JPN, 320-8610
Mebuki Financial Group Inc is a Japan-based company, engages in the provision of banking and other financial services including credit card services in Japan. Its services include loans and bills discounted, deposits, other loans, and assets. It also engages in call money transactions in the short-term markets; and invests in securities primarily comprising bonds, as well as money markets. Its other services include foreign currency exchange and international remittances.

Mebuki Financial Group (TSE:7167) Headlines

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