EXDW (Exceed World) E10: $0.04 (As of Sep. 2025)


EXDW Exceed World Inc EXDW
44 GF Score
Price $0.29
GF Value $0.15
! 8 Warning Signs
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What is Exceed World E10?

Exceed World EXDW 44 E10 is $0.04 as of Sep. 2025. GuruFocus rates EXDW with a GF Score™ of 44/100 and a GF Value™ of $0.15. The stock has 8 warning signs 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.

Exceed World's adjusted earnings per share data for the three months ended in Sep. 2025 was $-0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.04 for the trailing ten years ended in Sep. 2025.

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.

As of today (2026-06-26), Exceed World's current stock price is $0.2925. Exceed World's E10 for the quarter that ended in Sep. 2025 was $0.04. Exceed World's Shiller PE Ratio of today is 7.31.

During the past 10 years, the highest Shiller PE Ratio of Exceed World was 7.31. The lowest was 0.30. And the median was 4.18.


Exceed World  (OTCPK:EXDW) 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.

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

Shiller PE Ratio=Share Price/E10
=0.2925/0.04
=7.31

* 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 10 years, the highest Shiller P/E Ratio of Exceed World was 7.31. The lowest was 0.30. And the median was 4.18.


Be Aware

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


Exceed World E10 Related Terms


Exceed World E10 Historical Data

* Premium members only.

The historical data trend for Exceed World'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.

Exceed World E10 Chart

Exceed World Annual Data
Trend Nov15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.04

Exceed World Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.06 0.04

EXDW vs ASPU, WAFU, AMBO: E10 Comparison

For the Education & Training Services subindustry, Exceed World'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.


Exceed World Shiller PE Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, Exceed World's Shiller PE Ratio distribution charts can be found below:

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


EXDW
44GF Score
Exceed World Inc EXDW
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Exceed World 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, Exceed World's adjusted earnings per share data for the three months ended in Sep. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=-0.08/112.0000*112.0000
=-0.080

Current CPI (Sep. 2025) = 112.0000.

Exceed World Quarterly Data

per share eps CPI Adj_EPS
201508 0.000 98.400 0.000
201511 0.000 98.100 0.000
201605 -0.001 98.200 -0.001
201608 0.000 97.900 0.000
201612 -0.001 98.400 -0.001
201703 -0.001 98.100 -0.001
201706 0.000 98.500 0.000
201709 0.213 98.800 0.241
201712 -0.090 99.400 -0.101
201803 -0.030 99.200 -0.034
201806 0.070 99.200 0.079
201809 0.170 99.900 0.191
201812 -0.010 99.700 -0.011
201903 0.000 99.700 0.000
201906 0.060 99.800 0.067
201909 -0.054 100.100 -0.060
201912 0.010 100.500 0.011
202003 -0.040 100.300 -0.045
202006 -0.020 99.900 -0.022
202009 0.020 99.900 0.022
202012 0.070 99.300 0.079
202103 -0.020 99.900 -0.022
202106 -0.010 99.500 -0.011
202109 0.030 100.100 0.034
202112 -0.020 100.100 -0.022
202203 0.020 101.100 0.022
202206 0.110 101.800 0.121
202209 0.020 103.100 0.022
202212 0.003 104.100 0.003
202303 0.010 104.400 0.011
202306 -0.020 105.200 -0.021
202309 -0.015 106.200 -0.016
202312 -0.010 106.800 -0.010
202403 0.000 107.200 0.000
202406 0.000 108.200 0.000
202409 0.050 108.900 0.051
202412 -0.020 110.700 -0.020
202503 -0.050 111.100 -0.050
202506 -0.060 111.700 -0.060
202509 -0.080 112.000 -0.080

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 $0.04 mean?
Exceed World (EXDW) has a E10 of $0.04 as of Sep. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Exceed World and its competitors.
Is Exceed World's E10 too high?
Exceed World's current E10 is $0.04. Overall, Exceed World has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Exceed World's E10 compare to ASPU and WAFU?
Exceed World's E10 of $0.04 can be compared against companies in the Education 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 an Education company?
A good E10 depends on the Education 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 Exceed World and its competitors. Exceed World's current E10 is $0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exceed World stock overvalued right now?
Exceed World (EXDW) has a current E10 of $0.04. The stock's GF Value™ is $0.15, compared to a current price of $0.29 — trading 95% above its estimated fair value. The current E10 is $0.04. Exceed World's overall GF Score™ is 44/100 with 8 warning signs 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 Exceed World (EXDW), the current E10 is $0.04 as of Sep. 2025. 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 Exceed World (EXDW) Overvalued in 2026?

Based on GuruFocus' analysis, Exceed World stock appears to be overvalued. The current stock price of $0.29 is trading 95% above its estimated GF Value™ of $0.15.

Key valuation signals for EXDW:

  • E10: $0.04
  • GF Value™: $0.15 vs. price of $0.29 (95% above fair value)
  • GF Score™: 44/100 with 8 warning signs

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


Exceed World Business Description

Address 1-23-38-6th Floor, Esakacho, Suita-shi, Osaka, JPN, 564-0063
Exceed World Inc is engaged in the education service business and provides educational services through an internet platform called Force Club. The company is an education service provider in Japan, offering a range of e-learning education programs and supporting services through Force Club. Its e-learning programs, procured from independent third-party software developers, include pre-school learning resources, resources supplementing elementary, junior high, and senior high school curricula, preparation courses for university entrance and professional qualification examinations, and English learning, serving customers from pre-school children to students and adult learners, mainly as supplemental learning resources and self-learning tools.
44GF Score

Get the complete analysis for EXDW

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

$0.29
Price
$0.15
GF Value