CUGKF (Chugoku Marine Paints) E10: $0.84 (As of Mar. 2026)

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CUGKF Chugoku Marine Paints Ltd CUGKF
83 GF Score
Price $28.53
GF Value $20.08
! 1 Warning Sign
View Full Analysis

What is Chugoku Marine Paints E10?

Chugoku Marine Paints CUGKF 83 E10 is $0.84 as of Mar. 2026. GuruFocus rates CUGKF with a GF Score™ of 83/100 and a GF Value™ of $20.08. The stock has 1 warning sign investors should review.

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.

Chugoku Marine Paints's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.279. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.84 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Chugoku Marine Paints's average E10 Growth Rate was 12.90% per year. During the past 3 years, the average E10 Growth Rate was 27.30% per year. During the past 5 years, the average E10 Growth Rate was 18.90% 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 Chugoku Marine Paints was 27.30% per year. The lowest was -11.00% per year. And the median was 4.30% per year.

As of today (2026-07-15), Chugoku Marine Paints's current stock price is $28.53. Chugoku Marine Paints's E10 for the quarter that ended in Mar. 2026 was $0.84. Chugoku Marine Paints's Shiller PE Ratio of today is 33.96.

During the past 13 years, the highest Shiller PE Ratio of Chugoku Marine Paints was 52.54. The lowest was 12.62. And the median was 21.38.


Chugoku Marine Paints  (OTCPK:CUGKF) 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.

Chugoku Marine Paints's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28.53/0.84
=33.96

* 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 Chugoku Marine Paints was 52.54. The lowest was 12.62. And the median was 21.38.


Be Aware

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


Chugoku Marine Paints E10 Related Terms


Chugoku Marine Paints E10 Historical Data

* Premium members only.

The historical data trend for Chugoku Marine Paints'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.

Chugoku Marine Paints E10 Chart

Chugoku Marine Paints Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.84

Chugoku Marine Paints Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.84

CUGKF vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Chugoku Marine Paints'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.


Chugoku Marine Paints Shiller PE Ratio vs Chemicals Industry

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

* The bar in red indicates where Chugoku Marine Paints's Shiller PE Ratio falls into.


CUGKF
83GF Score
Chugoku Marine Paints Ltd CUGKF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Chugoku Marine Paints 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, Chugoku Marine Paints's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.279/112.7000*112.7000
=0.279

Current CPI (Mar. 2026) = 112.7000.

Chugoku Marine Paints Quarterly Data

per share eps CPI Adj_EPS
201606 0.081 98.100 0.093
201609 0.137 98.000 0.158
201612 0.141 98.400 0.161
201703 0.145 98.100 0.167
201706 0.094 98.500 0.108
201709 0.108 98.800 0.123
201712 0.110 99.400 0.125
201803 0.024 99.200 0.027
201806 -0.040 99.200 -0.045
201809 -0.031 99.900 -0.035
201812 0.000 99.700 0.000
201903 -0.032 99.700 -0.036
201906 0.009 99.800 0.010
201909 0.137 100.100 0.154
201912 0.122 100.500 0.137
202003 -0.288 100.300 -0.324
202006 0.165 99.900 0.186
202009 0.175 99.900 0.197
202012 0.221 99.300 0.251
202103 -0.022 99.900 -0.025
202106 0.139 99.500 0.157
202109 0.022 100.100 0.025
202112 -0.083 100.100 -0.093
202203 -0.034 101.100 -0.038
202206 -0.068 101.800 -0.075
202209 0.059 103.100 0.064
202212 0.310 104.100 0.336
202303 0.265 104.400 0.286
202306 0.247 105.200 0.265
202309 0.367 106.200 0.389
202312 0.457 106.800 0.482
202403 0.299 107.200 0.314
202406 0.633 108.200 0.659
202409 0.477 108.900 0.494
202412 0.309 110.700 0.315
202503 0.410 111.100 0.416
202506 0.353 111.700 0.356
202509 0.461 112.000 0.464
202512 0.373 113.000 0.372
202603 0.279 112.700 0.279

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.84 mean?
Chugoku Marine Paints (CUGKF) has a E10 of $0.84 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Chugoku Marine Paints and its competitors.
Is Chugoku Marine Paints' E10 too high?
Chugoku Marine Paints' current E10 is $0.84. Overall, Chugoku Marine Paints has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Chugoku Marine Paints' E10 compare to LIN and SHW?
Chugoku Marine Paints' E10 of $0.84 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Chemicals company?
A good E10 depends on the Chemicals industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Chugoku Marine Paints and its competitors. Chugoku Marine Paints's current E10 is $0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chugoku Marine Paints stock overvalued right now?
Chugoku Marine Paints (CUGKF) has a current E10 of $0.84. The stock's GF Value™ is $20.08, compared to a current price of $28.53 — trading 42.1% above its estimated fair value. The current E10 is $0.84. Chugoku Marine Paints' overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Chugoku Marine Paints (CUGKF), the current E10 is $0.84 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chugoku Marine Paints (CUGKF) Overvalued in 2026?

Based on GuruFocus' analysis, Chugoku Marine Paints stock appears to be overvalued. The current stock price of $28.53 is trading 42.1% above its estimated GF Value™ of $20.08.

Key valuation signals for CUGKF:

  • E10: $0.84
  • GF Value™: $20.08 vs. price of $28.53 (42.1% above fair value)
  • GF Score™: 83/100 with 1 warning sign

No single metric tells the full story. See the CUGKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chugoku Marine Paints Business Description

Other Exchanges 4617:Japan
Address 3-6-6 Kasumigaseki, Tokyo Club Building, Chiyoda-ku, Tokyo, JPN, 100-0013
Chugoku Marine Paints Ltd is a Japanese paint manufacturing firm. The company engages in manufacturing and marketing a variety of paints and coating materials which include marine paints, industrial paints, and container paints. Its products are used for various industry applications such as anti-fouling and epoxy paint for ships, caulking material for railways, and UV curable paint for plastics. It also undertakes painting contracts and serves a wide range of client base from across the world.
83GF Score

Get the complete analysis for CUGKF

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$28.53
Price
$20.08
GF Value