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ITOCHU (TSE:8001) E10 : 円415.03 (As of Mar. 2025)


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What is ITOCHU 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.

ITOCHU's adjusted earnings per share data for the three months ended in Mar. 2025 was 円143.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円415.03 for the trailing ten years ended in Mar. 2025.

During the past 12 months, ITOCHU's average E10 Growth Rate was 15.20% per year. During the past 3 years, the average E10 Growth Rate was 15.70% per year. During the past 5 years, the average E10 Growth Rate was 14.80% per year. During the past 10 years, the average E10 Growth Rate was 11.80% 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 ITOCHU was 16.20% per year. The lowest was 4.90% per year. And the median was 12.15% per year.

As of today (2025-07-02), ITOCHU's current stock price is 円7605.00. ITOCHU's E10 for the quarter that ended in Mar. 2025 was 円415.03. ITOCHU's Shiller PE Ratio of today is 18.32.

During the past 13 years, the highest Shiller PE Ratio of ITOCHU was 21.79. The lowest was 7.69. And the median was 12.47.


ITOCHU E10 Historical Data

The historical data trend for ITOCHU'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.

ITOCHU E10 Chart

ITOCHU Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 229.63 267.94 313.84 360.40 415.03

ITOCHU Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 360.40 372.72 386.47 404.16 415.03

Competitive Comparison of ITOCHU's E10

For the Conglomerates subindustry, ITOCHU'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.


ITOCHU's Shiller PE Ratio Distribution in the Conglomerates Industry

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

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


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ITOCHU 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, ITOCHU's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=143.8/111.1000*111.1000
=143.800

Current CPI (Mar. 2025) = 111.1000.

ITOCHU Quarterly Data

per share eps CPI Adj_EPS
201506 75.480 98.400 85.222
201509 57.770 98.500 65.160
201512 43.180 98.100 48.902
201603 -25.670 97.900 -29.131
201606 46.260 98.100 52.390
201609 81.730 98.000 92.655
201612 62.430 98.400 70.488
201703 33.240 98.100 37.645
201706 69.460 98.500 78.345
201709 86.620 98.800 97.404
201712 73.970 99.400 82.677
201803 27.920 99.200 31.269
201806 73.140 99.200 81.914
201809 93.320 99.900 103.782
201812 90.190 99.700 100.503
201903 67.430 99.700 75.140
201906 97.880 99.800 108.963
201909 95.140 100.100 105.595
201912 92.340 100.500 102.079
202003 50.190 100.300 55.594
202006 70.290 99.900 78.170
202009 99.270 99.900 110.399
202012 75.220 99.300 84.159
202103 25.050 99.900 27.858
202106 180.090 99.500 201.085
202109 156.960 100.100 174.208
202112 120.010 100.100 133.198
202203 95.800 101.100 105.276
202206 156.960 101.800 171.299
202209 171.780 103.100 185.109
202212 135.880 104.100 145.017
202303 81.440 104.400 86.667
202306 146.530 105.200 154.748
202309 137.320 106.200 143.656
202312 137.190 106.800 142.714
202403 131.940 107.200 136.740
202406 143.590 108.200 147.439
202409 161.400 108.900 164.661
202412 166.860 110.700 167.463
202503 143.800 111.100 143.800

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


ITOCHU  (TSE:8001) 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.

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

Shiller PE Ratio=Share Price/E10
=7605.00/415.03
=18.32

* 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 ITOCHU was 21.79. The lowest was 7.69. And the median was 12.47.


Be Aware

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


ITOCHU E10 Related Terms

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


ITOCHU Business Description

Traded in Other Exchanges
Address
5-1, Kita Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8077
ITOCHU Corp is a group of businesses that engage in importing, exporting, and trading various products. The traded goods include textiles, machinery, metals, minerals, energy, chemicals, food, general products, realty, and information and communications technology. The largest segments by net profit to the group are Food; Energy and Chemicals. The Food segment pursues efficiency-oriented operations from production and distribution to retail in all areas of food from raw materials to finished products both in Japan and overseas. The energy and chemicals segment trades crude oil and oil derivatives and chemicals.

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