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AIT (TSE:9381) E10 : 円83.76 (As of Feb. 2024)


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What is AIT 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.

AIT's adjusted earnings per share data for the three months ended in Feb. 2024 was 円21.810. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円83.76 for the trailing ten years ended in Feb. 2024.

During the past 12 months, AIT's average E10 Growth Rate was 12.90% per year. During the past 3 years, the average E10 Growth Rate was 15.90% per year. During the past 5 years, the average E10 Growth Rate was 12.90% 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 AIT was 15.90% per year. The lowest was 9.30% per year. And the median was 14.20% per year.

As of today (2024-06-02), AIT's current stock price is 円1800.00. AIT's E10 for the quarter that ended in Feb. 2024 was 円83.76. AIT's Shiller PE Ratio of today is 21.49.

During the past 13 years, the highest Shiller PE Ratio of AIT was 29.97. The lowest was 2.02. And the median was 20.64.


AIT E10 Historical Data

The historical data trend for AIT'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.

AIT E10 Chart

AIT Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.85 53.74 60.87 74.20 83.76

AIT Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 74.20 76.84 79.37 82.44 83.76

Competitive Comparison of AIT's E10

For the Integrated Freight & Logistics subindustry, AIT'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.


AIT's Shiller PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, AIT's Shiller PE Ratio distribution charts can be found below:

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



AIT 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, AIT's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=21.81/106.9000*106.9000
=21.810

Current CPI (Feb. 2024) = 106.9000.

AIT Quarterly Data

per share eps CPI Adj_EPS
201405 7.410 98.100 8.075
201408 12.330 98.300 13.409
201411 19.460 97.900 21.249
201502 14.487 97.600 15.867
201505 10.550 98.700 11.426
201508 11.857 98.400 12.881
201511 21.270 98.100 23.178
201602 10.870 97.800 11.881
201605 11.580 98.200 12.606
201608 12.976 97.900 14.169
201611 16.078 98.600 17.431
201702 10.710 98.100 11.671
201705 14.800 98.600 16.046
201708 12.200 98.500 13.240
201711 16.557 99.100 17.860
201802 14.000 99.500 15.041
201805 10.180 99.300 10.959
201808 17.420 99.800 18.659
201811 21.760 100.000 23.261
201902 11.725 99.700 12.572
201905 10.540 100.000 11.267
201908 16.370 100.000 17.500
201911 24.280 100.500 25.826
202002 4.274 100.300 4.555
202005 14.610 100.100 15.602
202008 15.620 100.100 16.681
202011 24.170 99.500 25.968
202102 19.000 99.800 20.352
202105 22.010 99.400 23.671
202108 19.452 99.700 20.857
202111 43.373 100.100 46.319
202202 15.880 100.700 16.858
202205 34.490 101.800 36.218
202208 45.246 102.700 47.096
202211 59.250 103.900 60.961
202302 17.835 104.000 18.332
202305 32.620 105.100 33.179
202308 33.150 105.900 33.463
202311 39.628 106.900 39.628
202402 21.810 106.900 21.810

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


AIT  (TSE:9381) 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.

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

Shiller PE Ratio=Share Price/E10
=1800.00/83.76
=21.49

* 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 AIT was 29.97. The lowest was 2.02. And the median was 20.64.


Be Aware

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


AIT E10 Related Terms

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


AIT (TSE:9381) Business Description

Traded in Other Exchanges
N/A
Address
15 Floor, Sakaisuji-Honmachi-Center Building, 2-1-6 Honmachi, Chuo-ku, Osaka, JPN, 541-0053
AIT Corp is a Japan-based integrated logistics company. It is engaged in the delivery and cargo services. The services offered by the company include freight forwarding through marine, air, motor truck, railroad, and coastal transport. AIT also offers airfreight agency, customs clearance, warehousing, ship brokerage, import, and export agency, and nonlife insurance services. The company has network operations in Taiwan, Vietnam, Indonesia, Malaysia, Korea, Myanmar, Cambodia, Singapore, Philippine, Bangladesh, India, Sri Lanka, Pakistan, Australia, and Canada.

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