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Canon Electronics (TSE:7739) E10 : 円168.79 (As of Mar. 2024)


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What is Canon Electronics 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.

Canon Electronics's adjusted earnings per share data for the three months ended in Mar. 2024 was 円47.730. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円168.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Canon Electronics's average E10 Growth Rate was 1.50% per year. During the past 3 years, the average E10 Growth Rate was 1.20% per year. During the past 5 years, the average E10 Growth Rate was -0.50% 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 Canon Electronics was 1.20% per year. The lowest was -11.70% per year. And the median was -1.65% per year.

As of today (2024-05-26), Canon Electronics's current stock price is 円2250.00. Canon Electronics's E10 for the quarter that ended in Mar. 2024 was 円168.79. Canon Electronics's Shiller PE Ratio of today is 13.33.

During the past 13 years, the highest Shiller PE Ratio of Canon Electronics was 15.25. The lowest was 7.90. And the median was 10.55.


Canon Electronics E10 Historical Data

The historical data trend for Canon Electronics'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.

Canon Electronics E10 Chart

Canon Electronics 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 173.15 161.53 159.39 166.64 167.57

Canon Electronics 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 166.25 164.49 164.45 167.57 168.79

Competitive Comparison of Canon Electronics's E10

For the Computer Hardware subindustry, Canon Electronics'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.


Canon Electronics's Shiller PE Ratio Distribution in the Hardware Industry

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

* The bar in red indicates where Canon Electronics's Shiller PE Ratio falls into.



Canon Electronics 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, Canon Electronics'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)
=47.73/107.2000*107.2000
=47.730

Current CPI (Mar. 2024) = 107.2000.

Canon Electronics Quarterly Data

per share eps CPI Adj_EPS
201406 42.440 98.000 46.424
201409 46.370 98.500 50.466
201412 52.620 97.900 57.619
201503 43.000 97.900 47.085
201506 60.210 98.400 65.595
201509 40.594 98.500 44.179
201512 26.480 98.100 28.936
201603 22.750 97.900 24.911
201606 36.750 98.100 40.159
201609 35.910 98.000 39.281
201612 40.640 98.400 44.274
201703 52.510 98.100 57.381
201706 45.031 98.500 49.008
201709 40.760 98.800 44.225
201712 51.300 99.400 55.326
201803 48.310 99.200 52.206
201806 50.140 99.200 54.184
201809 45.790 99.900 49.136
201812 29.866 99.700 32.113
201903 42.440 99.700 45.633
201906 40.540 99.800 43.546
201909 37.430 100.100 40.085
201912 29.410 100.500 31.371
202003 30.120 100.300 32.192
202006 18.587 99.900 19.945
202009 20.914 99.900 22.442
202012 38.410 99.300 41.466
202103 39.720 99.900 42.622
202106 22.420 99.500 24.155
202109 18.300 100.100 19.598
202112 51.540 100.100 55.196
202203 27.080 101.100 28.714
202206 42.790 101.800 45.060
202209 27.480 103.100 28.573
202212 71.981 104.100 74.125
202303 38.110 104.400 39.132
202306 38.570 105.200 39.303
202309 37.980 106.200 38.338
202312 45.959 106.800 46.131
202403 47.730 107.200 47.730

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


Canon Electronics  (TSE:7739) 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.

Canon Electronics's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2250.00/168.79
=13.33

* 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 Canon Electronics was 15.25. The lowest was 7.90. And the median was 10.55.


Be Aware

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


Canon Electronics E10 Related Terms

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


Canon Electronics (TSE:7739) Business Description

Traded in Other Exchanges
Address
1248 Shimokagemori, Chichibu-shi, Saitama, JPN, 369-1892
Canon Electronics Inc is a Japanese company engaged in the development, production, and sales of precision machines and instruments, electric and electronic machines and instruments; information devices; software for computers and communications devices. The company mainly manufactures various scanners such as document scanners, network scanner, and check scanner.

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