Lasertec (FRA:6K8) E10: €2.09 (As of Jun. 2026)

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FRA:6K8 Lasertec Corp FRA:6K8
78 GF Score
Price €210.00
GF Value €167.49
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Lasertec E10?

Lasertec FRA:6K8 -0.94% 78 E10 is €2.09 as of Jun. 2026. GuruFocus rates FRA:6K8 with a GF Score™ of 78/100 and a GF Value™ of €167.49 (Modestly Overvalued). 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.

Lasertec's adjusted earnings per share data for the three months ended in Jun. 2026 was €1.243. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.09 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Lasertec'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 Lasertec was 51.10% per year. The lowest was 38.30% per year. And the median was 49.40% per year.

As of today (2026-08-11), Lasertec's current stock price is €210.00. Lasertec's E10 for the quarter that ended in Jun. 2026 was €2.09. Lasertec's Shiller PE Ratio of today is 100.48.

During the past 13 years, the highest Shiller PE Ratio of Lasertec was 535.42. The lowest was 42.98. And the median was 155.80.


Lasertec  (FRA:6K8) 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.

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

Shiller PE Ratio=Share Price/E10
=210.00/2.09
=100.48

* 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 Lasertec was 535.42. The lowest was 42.98. And the median was 155.80.


Be Aware

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


Lasertec E10 Related Terms


Lasertec E10 Historical Data

* Premium members only.

The historical data trend for Lasertec'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.

Lasertec E10 Chart

Lasertec Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 2.09

Lasertec Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.00 2.09

FRA:6K8 vs AMAT, LRCX, KLAC: E10 Comparison

For the Semiconductor Equipment & Materials subindustry, Lasertec'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.


Lasertec Shiller PE Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Lasertec's Shiller PE Ratio distribution charts can be found below:

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


FRA:6K8
78GF Score
Lasertec Corp FRA:6K8
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lasertec 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, Lasertec's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.243/113.6000*113.6000
=1.243

Current CPI (Jun. 2026) = 113.6000.

Lasertec Quarterly Data

per share eps CPI Adj_EPS
201609 -0.005 98.000 -0.006
201612 0.178 98.400 0.205
201703 0.067 98.100 0.078
201706 0.079 98.500 0.091
201709 0.017 98.800 0.020
201712 0.184 99.400 0.210
201803 0.080 99.200 0.092
201806 0.087 99.200 0.100
201809 0.066 99.900 0.075
201812 0.266 99.700 0.303
201903 0.039 99.700 0.044
201906 0.149 99.800 0.170
201909 0.093 100.100 0.106
201912 0.420 100.500 0.475
202003 0.067 100.300 0.076
202006 0.413 99.900 0.470
202009 0.282 99.900 0.321
202012 0.456 99.300 0.522
202103 0.438 99.900 0.498
202106 0.482 99.500 0.550
202109 0.134 100.100 0.152
202112 0.704 100.100 0.799
202203 0.277 101.100 0.311
202206 0.927 101.800 1.034
202209 0.526 103.100 0.580
202212 0.531 104.100 0.579
202303 0.552 104.400 0.601
202306 1.841 105.200 1.988
202309 0.541 106.200 0.579
202312 1.023 106.800 1.088
202403 1.315 107.200 1.394
202406 1.144 108.200 1.201
202409 0.624 108.900 0.651
202412 2.365 110.700 2.427
202503 0.645 111.100 0.660
202506 2.125 111.700 2.161
202509 1.217 112.000 1.234
202512 1.626 113.000 1.635
202603 0.675 112.700 0.680
202606 1.243 113.600 1.243

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 €2.09 mean?
Lasertec (FRA:6K8) has a E10 of €2.09 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Lasertec and its competitors.
Is Lasertec's E10 too high?
Lasertec's current E10 is €2.09. Overall, Lasertec has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lasertec's E10 compare to AMAT and LRCX?
Lasertec's E10 of €2.09 can be compared against companies in the Semiconductors 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 Semiconductors company?
A good E10 depends on the Semiconductors 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 Lasertec and its competitors. Lasertec's current E10 is €2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lasertec stock overvalued right now?
Based on GuruFocus' analysis, Lasertec (FRA:6K8) is currently considered Modestly Overvalued. The stock's GF Value™ is €167.49, compared to a current price of €210.00 — trading 25.4% above its estimated fair value. The current E10 is €2.09. Lasertec's overall GF Score™ is 78/100 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 Lasertec (FRA:6K8), the current E10 is €2.09 as of Jun. 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 Lasertec (FRA:6K8) Overvalued in 2026?

Based on GuruFocus' analysis, Lasertec stock appears to be overvalued. The current stock price of €210.00 is trading 25.4% above its estimated GF Value™ of €167.49. GuruFocus considers Lasertec to be Modestly Overvalued.

Key valuation signals for FRA:6K8:

  • E10: €2.09
  • GF Value™: €167.49 vs. price of €210.00 (25.4% above fair value)
  • GF Score™: 78/100 with 1 warning sign

No single metric tells the full story. See the FRA:6K8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lasertec Business Description

Address 2-10-1 Shin-Yokohama, Kohoku-ku, Kanagawa Prefecture, Yokohama, JPN, 222-8552
Lasertec Corp is a Japan-based company mainly engaged in the design, manufacture, and sale of inspection and measurement equipment. The company focuses on providing optical inspection systems and related technologies. The company's main products include semiconductor-related equipment such as photomasks and wafer inspection or measurement systems, SiC wafer inspection equipment for the energy and environment sector, FPD photomask inspection systems, and hybrid laser microscopes.
78GF Score

Get the complete analysis for FRA:6K8

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

€210.00
Price
€167.49
GF Value