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Shizuoka Gas Co (TSE:9543) E10 : 円86.67 (As of Mar. 2024)


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What is Shizuoka Gas 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.

Shizuoka Gas Co's adjusted earnings per share data for the three months ended in Mar. 2024 was 円34.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円86.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shizuoka Gas Co's average E10 Growth Rate was 5.40% per year. During the past 3 years, the average E10 Growth Rate was 11.50% per year. During the past 5 years, the average E10 Growth Rate was 5.20% 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 Shizuoka Gas Co was 11.50% per year. The lowest was 0.50% per year. And the median was 6.10% per year.

As of today (2024-05-27), Shizuoka Gas Co's current stock price is 円961.00. Shizuoka Gas Co's E10 for the quarter that ended in Mar. 2024 was 円86.67. Shizuoka Gas Co's Shiller PE Ratio of today is 11.09.

During the past 13 years, the highest Shiller PE Ratio of Shizuoka Gas Co was 23.79. The lowest was 10.55. And the median was 15.08.


Shizuoka Gas Co E10 Historical Data

The historical data trend for Shizuoka Gas 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.

Shizuoka Gas Co E10 Chart

Shizuoka Gas 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 62.86 61.15 64.76 69.45 84.68

Shizuoka Gas 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 82.20 86.14 87.34 84.68 86.67

Competitive Comparison of Shizuoka Gas Co's E10

For the Utilities - Regulated Gas subindustry, Shizuoka Gas 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.


Shizuoka Gas Co's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shizuoka Gas Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shizuoka Gas Co's Shiller PE Ratio falls into.



Shizuoka Gas 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, Shizuoka Gas 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)
=34.6/107.2000*107.2000
=34.600

Current CPI (Mar. 2024) = 107.2000.

Shizuoka Gas Co Quarterly Data

per share eps CPI Adj_EPS
201406 23.080 98.000 25.247
201409 4.540 98.500 4.941
201412 -4.160 97.900 -4.555
201503 37.470 97.900 41.029
201506 37.670 98.400 41.039
201509 23.010 98.500 25.042
201512 5.320 98.100 5.813
201603 63.260 97.900 69.269
201606 40.070 98.100 43.787
201609 -1.410 98.000 -1.542
201612 -10.910 98.400 -11.886
201703 24.880 98.100 27.188
201706 18.660 98.500 20.308
201709 15.490 98.800 16.807
201712 8.400 99.400 9.059
201803 39.040 99.200 42.188
201806 9.630 99.200 10.407
201809 7.690 99.900 8.252
201812 -11.900 99.700 -12.795
201903 31.030 99.700 33.364
201906 35.160 99.800 37.767
201909 10.730 100.100 11.491
201912 -2.450 100.500 -2.613
202003 24.510 100.300 26.196
202006 -13.380 99.900 -14.358
202009 37.090 99.900 39.800
202012 1.750 99.300 1.889
202103 38.740 99.900 41.571
202106 19.620 99.500 21.138
202109 0.300 100.100 0.321
202112 -3.210 100.100 -3.438
202203 28.050 101.100 29.742
202206 52.250 101.800 55.022
202209 -19.550 103.100 -20.327
202212 19.700 104.100 20.287
202303 140.030 104.400 143.786
202306 46.290 105.200 47.170
202309 14.340 106.200 14.475
202312 -10.770 106.800 -10.810
202403 34.600 107.200 34.600

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


Shizuoka Gas Co  (TSE:9543) 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.

Shizuoka Gas Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=961.00/86.67
=11.09

* 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 Shizuoka Gas Co was 23.79. The lowest was 10.55. And the median was 15.08.


Be Aware

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


Shizuoka Gas Co E10 Related Terms

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


Shizuoka Gas Co (TSE:9543) Business Description

Traded in Other Exchanges
N/A
Address
1-5-38 Yawata, Suruga-ku, Shizuoka, JPN, 422-8688
Shizuoka Gas Co Ltd, or Shizgas, is a Japanese electric power and gas company. Shizgas is primarily involved in the distribution of city gas through its pipeline network to Japanese municipalities between Tokyo and Nagoya along the coastline of the Pacific Ocean near Mount Fuji. The company segments its operations into gas, LPG, and other energy services, and other businesses units. Shizuoka Gas derives the vast majority of its revenue from sales of natural gas. The company's customers are mainly split between wholesale and industrial consumers in terms of sales volume. Shizuoka Gas also generates revenue from the sale of liquefied natural gas that it imports from overseas, utility facility construction, and natural gas piping installations in Japan.

Shizuoka Gas Co (TSE:9543) Headlines

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