Toho Titanium Co (FRA:40A) E10: €0.28 (As of Dec. 2025)


FRA:40A Toho Titanium Co Ltd FRA:40A
53 GF Score
Price €14.90
GF Value €7.91
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Toho Titanium Co E10?

Toho Titanium Co FRA:40A 53 E10 is €0.28 as of Dec. 2025. GuruFocus rates FRA:40A with a GF Score™ of 53/100 and a GF Value™ of €7.91 (Significantly Overvalued). The stock has 4 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.

Toho Titanium Co's adjusted earnings per share data for the three months ended in Dec. 2025 was €0.101. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.28 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Toho Titanium Co's average E10 Growth Rate was -100.00% 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 Toho Titanium Co was 128.60% per year. The lowest was 59.00% per year. And the median was 81.50% per year.

As of today (2026-06-29), Toho Titanium Co's current stock price is €14.90. Toho Titanium Co's E10 for the quarter that ended in Dec. 2025 was €0.28. Toho Titanium Co's Shiller PE Ratio of today is 53.21.

During the past 13 years, the highest Shiller PE Ratio of Toho Titanium Co was 310.08. The lowest was 16.63. And the median was 71.09.


Toho Titanium Co  (FRA:40A) 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.

Toho Titanium Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.90/0.28
=53.21

* 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 Toho Titanium Co was 310.08. The lowest was 16.63. And the median was 71.09.


Be Aware

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


Toho Titanium Co E10 Related Terms


Toho Titanium Co E10 Historical Data

* Premium members only.

The historical data trend for Toho Titanium 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.

Toho Titanium Co E10 Chart

Toho Titanium Co 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 0.10 0.19 0.27 0.33 0.00

Toho Titanium Co 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 0.33 0.31 0.30 0.28 0.00

Toho Titanium Co E10 Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Toho Titanium 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.


Toho Titanium Co Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Toho Titanium Co's Shiller PE Ratio distribution charts can be found below:

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


FRA:40A
53GF Score
Toho Titanium Co Ltd FRA:40A
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toho Titanium 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, Toho Titanium Co's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.101/113.0000*113.0000
=0.101

Current CPI (Dec. 2025) = 113.0000.

Toho Titanium Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.156 97.900 0.180
201606 0.069 98.100 0.079
201609 0.040 98.000 0.046
201612 0.154 98.400 0.177
201703 0.130 98.100 0.150
201706 0.063 98.500 0.072
201709 0.080 98.800 0.091
201712 0.105 99.400 0.119
201803 0.116 99.200 0.132
201806 0.107 99.200 0.122
201809 0.142 99.900 0.161
201812 0.112 99.700 0.127
201903 0.356 99.700 0.403
201906 0.053 99.800 0.060
201909 0.056 100.100 0.063
201912 0.077 100.500 0.087
202003 0.090 100.300 0.101
202006 -0.047 99.900 -0.053
202009 0.013 99.900 0.015
202012 0.016 99.300 0.018
202103 -0.327 99.900 -0.370
202106 0.083 99.500 0.094
202109 0.118 100.100 0.133
202112 0.090 100.100 0.102
202203 0.108 101.100 0.121
202206 0.200 101.800 0.222
202209 0.249 103.100 0.273
202212 0.082 104.100 0.089
202303 0.209 104.400 0.226
202306 0.087 105.200 0.093
202309 0.132 106.200 0.140
202312 0.054 106.800 0.057
202403 0.164 107.200 0.173
202406 0.104 108.200 0.109
202409 -0.011 108.900 -0.011
202412 0.182 110.700 0.186
202503 0.044 111.100 0.045
202506 0.026 111.700 0.026
202509 0.032 112.000 0.032
202512 0.101 113.000 0.101

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 €0.28 mean?
Toho Titanium Co (FRA:40A) has a E10 of €0.28 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Toho Titanium Co and its competitors.
Is Toho Titanium Co's E10 too high?
Toho Titanium Co's current E10 is €0.28. Overall, Toho Titanium Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toho Titanium Co's E10 compare to competitors?
Toho Titanium Co's E10 of €0.28 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good E10 depends on the Metals & Mining 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 Toho Titanium Co and its competitors. Toho Titanium Co's current E10 is €0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Titanium Co stock overvalued right now?
Based on GuruFocus' analysis, Toho Titanium Co (FRA:40A) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.91, compared to a current price of €14.90 — trading 88.4% above its estimated fair value. The current E10 is €0.28. Toho Titanium Co's overall GF Score™ is 53/100 with 4 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 Toho Titanium Co (FRA:40A), the current E10 is €0.28 as of Dec. 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 Toho Titanium Co (FRA:40A) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Titanium Co stock appears to be overvalued. The current stock price of €14.90 is trading 88.4% above its estimated GF Value™ of €7.91. GuruFocus considers Toho Titanium Co to be Significantly Overvalued.

Key valuation signals for FRA:40A:

  • E10: €0.28
  • GF Value™: €7.91 vs. price of €14.90 (88.4% above fair value)
  • GF Score™: 53/100 with 4 warning signs

No single metric tells the full story. See the FRA:40A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toho Titanium Co Business Description

Address 3-3-5,Chigasaki, Chigasaki City, Kanagawa, JPN, 2538510
Toho Titanium Co Ltd is a company which focuses on titanium products. Through its titanium business, the company manufactures titanium ingots, titanium sponge, high-purity titanium, and fabricated titanium products. Products are sold across several industries, mostly for aerospace and electronic materials production. Materials gained in the titanium production process are utilised to create catalysts, titanium dioxide for electronic materials, and nickel powder for capacitors. These products form the catalysts and chemicals business, and the output is largely sold to petrochemical companies and businesses manufacturing electronic materials.
53GF Score

Get the complete analysis for FRA:40A

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

€14.90
Price
€7.91
GF Value