GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Japan Investment Adviser Co Ltd (TSE:7172) » Definitions » E10

Japan Investment Adviser Co (TSE:7172) E10 : 円72.78 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Japan Investment Adviser 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.

Japan Investment Adviser Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円67.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円72.78 for the trailing ten years ended in Mar. 2024.

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), Japan Investment Adviser Co's current stock price is 円1423.00. Japan Investment Adviser Co's E10 for the quarter that ended in Mar. 2024 was 円72.78. Japan Investment Adviser Co's Shiller PE Ratio of today is 19.55.

During the past 11 years, the highest Shiller PE Ratio of Japan Investment Adviser Co was 19.69. The lowest was 12.02. And the median was 14.10.


Japan Investment Adviser Co E10 Historical Data

The historical data trend for Japan Investment Adviser 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.

Japan Investment Adviser Co E10 Chart

Japan Investment Adviser Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 67.12

Japan Investment Adviser 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 - - - 67.12 72.78

Competitive Comparison of Japan Investment Adviser Co's E10

For the Rental & Leasing Services subindustry, Japan Investment Adviser 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.


Japan Investment Adviser Co's Shiller PE Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Japan Investment Adviser Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Japan Investment Adviser Co's Shiller PE Ratio falls into.



Japan Investment Adviser 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, Japan Investment Adviser Co'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)
=67.51/107.2000*107.2000
=67.510

Current CPI (Mar. 2024) = 107.2000.

Japan Investment Adviser Co Quarterly Data

per share eps CPI Adj_EPS
201406 15.840 98.000 17.327
201409 0.181 98.500 0.197
201412 6.937 97.900 7.596
201503 2.338 97.900 2.560
201506 0.533 98.400 0.581
201509 9.160 98.500 9.969
201512 8.494 98.100 9.282
201603 5.083 97.900 5.566
201606 0.803 98.100 0.877
201609 -1.885 98.000 -2.062
201612 30.973 98.400 33.743
201703 8.919 98.100 9.746
201706 12.596 98.500 13.709
201709 5.117 98.800 5.552
201712 37.070 99.400 39.979
201803 22.445 99.200 24.255
201806 24.603 99.200 26.587
201809 22.216 99.900 23.839
201812 36.933 99.700 39.711
201903 10.233 99.700 11.003
201906 25.751 99.800 27.660
201909 -2.605 100.100 -2.790
201912 59.626 100.500 63.601
202003 41.591 100.300 44.452
202006 14.271 99.900 15.314
202009 7.548 99.900 8.100
202012 15.387 99.300 16.611
202103 28.157 99.900 30.215
202106 0.360 99.500 0.388
202109 13.093 100.100 14.022
202112 18.321 100.100 19.620
202203 37.702 101.100 39.977
202206 71.652 101.800 75.453
202209 9.470 103.100 9.847
202212 -28.188 104.100 -29.027
202303 9.880 104.400 10.145
202306 22.577 105.200 23.006
202309 10.971 106.200 11.074
202312 2.623 106.800 2.633
202403 67.510 107.200 67.510

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


Japan Investment Adviser Co  (TSE:7172) 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.

Japan Investment Adviser Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1423.00/72.78
=19.55

* 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 11 years, the highest Shiller P/E Ratio of Japan Investment Adviser Co was 19.69. The lowest was 12.02. And the median was 14.10.


Be Aware

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


Japan Investment Adviser Co E10 Related Terms

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


Japan Investment Adviser Co (TSE:7172) Business Description

Traded in Other Exchanges
N/A
Address
Kasumigaseki Common Gate West Building, 3-1-1, Tokyo Head Office 34-1, Kasumigaseki, Tokyo, JPN
Japan Investment Adviser Co Ltd is a financial solution provider. It provides financial solution services through its operating lease and other financial businesses.

Japan Investment Adviser Co (TSE:7172) Headlines

No Headlines