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Inabata (TSE:8098) E10 : 円236.22 (As of Dec. 2023)


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What is Inabata 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.

Inabata's adjusted earnings per share data for the three months ended in Dec. 2023 was 円75.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円236.22 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Inabata'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 Inabata was 13.90% per year. The lowest was 11.40% per year. And the median was 13.00% per year.

As of today (2024-06-09), Inabata's current stock price is 円3345.00. Inabata's E10 for the quarter that ended in Dec. 2023 was 円236.22. Inabata's Shiller PE Ratio of today is 14.16.

During the past 13 years, the highest Shiller PE Ratio of Inabata was 15.41. The lowest was 7.15. And the median was 11.94.


Inabata E10 Historical Data

The historical data trend for Inabata'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.

Inabata E10 Chart

Inabata 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 144.77 155.41 184.67 213.70 -

Inabata 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 213.70 224.96 232.13 236.22 -

Competitive Comparison of Inabata's E10

For the Specialty Chemicals subindustry, Inabata'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.


Inabata's Shiller PE Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Inabata's Shiller PE Ratio distribution charts can be found below:

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



Inabata 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, Inabata'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)
=75.01/106.8000*106.8000
=75.010

Current CPI (Dec. 2023) = 106.8000.

Inabata Quarterly Data

per share eps CPI Adj_EPS
201403 26.210 95.700 29.250
201406 45.800 98.000 49.913
201409 34.750 98.500 37.678
201412 42.190 97.900 46.025
201503 14.355 97.900 15.660
201506 53.650 98.400 58.230
201509 22.670 98.500 24.580
201512 46.302 98.100 50.408
201603 29.280 97.900 31.942
201606 40.510 98.100 44.103
201609 34.810 98.000 37.936
201612 47.345 98.400 51.387
201703 33.580 98.100 36.558
201706 47.780 98.500 51.806
201709 -3.390 98.800 -3.664
201712 79.990 99.400 85.945
201803 -14.682 99.200 -15.807
201806 60.570 99.200 65.210
201809 41.688 99.900 44.567
201812 83.210 99.700 89.136
201903 25.869 99.700 27.711
201906 50.480 99.800 54.021
201909 60.896 100.100 64.972
201912 39.250 100.500 41.710
202003 38.180 100.300 40.654
202006 33.560 99.900 35.878
202009 63.640 99.900 68.036
202012 60.386 99.300 64.947
202103 71.530 99.900 76.471
202106 132.370 99.500 142.082
202109 92.190 100.100 98.361
202112 79.120 100.100 84.416
202203 70.550 101.100 74.528
202206 79.850 101.800 83.772
202209 88.730 103.100 91.914
202212 100.162 104.100 102.760
202303 73.350 104.400 75.036
202306 139.670 105.200 141.794
202309 86.747 106.200 87.237
202312 75.010 106.800 75.010

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


Inabata  (TSE:8098) 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.

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

Shiller PE Ratio=Share Price/E10
=3345.00/236.22
=14.16

* 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 Inabata was 15.41. The lowest was 7.15. And the median was 11.94.


Be Aware

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


Inabata E10 Related Terms

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


Inabata (TSE:8098) Business Description

Traded in Other Exchanges
N/A
Address
1-15-14, Minamisemba, Chuo-ku, Osaka, JPN, 542-8558
Inabata & Co Ltd manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into five primary segments based on product type. The plastics segment, which generates more revenue than any other segment, sells plastic polymers used for food and beverage packaging. The information and electronics segment sells polarizing films used in touch screen devices, office printing-related products, and solar panels. The chemicals segment sells multiple chemicals products that include raw materials used to make plastics, rubber, and electronics materials. The life industry segment sells insect repellents and insecticides. The housing and eco materials segment sells lumber and building materials. The vast majority of revenue comes from Asia.

Inabata (TSE:8098) Headlines

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