Lasertec (FRA:6K8A) E10: €0.40 (As of Mar. 2026)

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FRA:6K8A Lasertec Corp FRA:6K8A
74 GF Score
Price €45.40
GF Value €31.34
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Lasertec E10?

Lasertec FRA:6K8A -4.22% 74 E10 is €0.40 as of Mar. 2026. GuruFocus rates FRA:6K8A with a GF Score™ of 74/100 and a GF Value™ of €31.34 (Significantly 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 Mar. 2026 was €0.135. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.40 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lasertec's average E10 Growth Rate was 36.80% per year. During the past 3 years, the average E10 Growth Rate was 51.10% per year. During the past 5 years, the average E10 Growth Rate was 49.20% 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 (2026-07-27), Lasertec's current stock price is €45.40. Lasertec's E10 for the quarter that ended in Mar. 2026 was €0.40. Lasertec's Shiller PE Ratio of today is 113.50.

During the past 13 years, the highest Shiller PE Ratio of Lasertec was 535.42. The lowest was 42.98. And the median was 153.51.


Lasertec  (FRA:6K8A) 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
=45.40/0.40
=113.50

* 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 153.51.


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 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Lasertec 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 0.40

FRA:6K8A 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:6K8A
74GF Score
Lasertec Corp FRA:6K8A
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 Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.135/112.7000*112.7000
=0.135

Current CPI (Mar. 2026) = 112.7000.

Lasertec Quarterly Data

per share eps CPI Adj_EPS
201606 0.029 98.100 0.033
201609 -0.001 98.000 -0.001
201612 0.036 98.400 0.041
201703 0.013 98.100 0.015
201706 0.016 98.500 0.018
201709 0.003 98.800 0.003
201712 0.037 99.400 0.042
201803 0.016 99.200 0.018
201806 0.017 99.200 0.019
201809 0.013 99.900 0.015
201812 0.053 99.700 0.060
201903 0.008 99.700 0.009
201906 0.030 99.800 0.034
201909 0.019 100.100 0.021
201912 0.084 100.500 0.094
202003 0.013 100.300 0.015
202006 0.083 99.900 0.094
202009 0.056 99.900 0.063
202012 0.091 99.300 0.103
202103 0.088 99.900 0.099
202106 0.096 99.500 0.109
202109 0.027 100.100 0.030
202112 0.141 100.100 0.159
202203 0.055 101.100 0.061
202206 0.185 101.800 0.205
202209 0.105 103.100 0.115
202212 0.106 104.100 0.115
202303 0.110 104.400 0.119
202306 0.368 105.200 0.394
202309 0.108 106.200 0.115
202312 0.205 106.800 0.216
202403 0.263 107.200 0.276
202406 0.229 108.200 0.239
202409 0.125 108.900 0.129
202412 0.473 110.700 0.482
202503 0.129 111.100 0.131
202506 0.425 111.700 0.429
202509 0.243 112.000 0.245
202512 0.325 113.000 0.324
202603 0.135 112.700 0.135

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 €0.40 mean?
Lasertec (FRA:6K8A) has a E10 of €0.40 as of Mar. 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 €0.40. Overall, Lasertec has a GF Score™ of 74/100 and is considered Significantly 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 €0.40 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 €0.40. 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:6K8A) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.34, compared to a current price of €45.40 — trading 44.9% above its estimated fair value. The current E10 is €0.40. Lasertec's overall GF Score™ is 74/100 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:6K8A), the current E10 is €0.40 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 Lasertec (FRA:6K8A) Overvalued in 2026?

Based on GuruFocus' analysis, Lasertec stock appears to be overvalued. The current stock price of €45.40 is trading 44.9% above its estimated GF Value™ of €31.34. GuruFocus considers Lasertec to be Significantly Overvalued.

Key valuation signals for FRA:6K8A:

  • E10: €0.40
  • GF Value™: €31.34 vs. price of €45.40 (44.9% above fair value)
  • GF Score™: 74/100 with 1 warning sign

No single metric tells the full story. See the FRA:6K8A 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.
74GF Score

Get the complete analysis for FRA:6K8A

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

€45.40
Price
€31.34
GF Value