Japan Aviation Electronics Industry (FRA:8N9) E10: €0.76 (As of Mar. 2026)

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FRA:8N9 Japan Aviation Electronics Industry Ltd FRA:8N9
77 GF Score
Price €13.00
GF Value €17.29
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Japan Aviation Electronics Industry E10?

Japan Aviation Electronics Industry FRA:8N9 +2.36% 77 E10 is €0.76 as of Mar. 2026. GuruFocus rates FRA:8N9 with a GF Score™ of 77/100 and a GF Value™ of €17.29 (Modestly Undervalued). The stock has 3 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.

Japan Aviation Electronics Industry's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.204. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.76 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Japan Aviation Electronics Industry's average E10 Growth Rate was -2.20% per year. During the past 3 years, the average E10 Growth Rate was 1.00% per year. During the past 5 years, the average E10 Growth Rate was 5.20% 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 Japan Aviation Electronics Industry was 11.00% per year. The lowest was 1.00% per year. And the median was 8.30% per year.

As of today (2026-07-16), Japan Aviation Electronics Industry's current stock price is €13.00. Japan Aviation Electronics Industry's E10 for the quarter that ended in Mar. 2026 was €0.76. Japan Aviation Electronics Industry's Shiller PE Ratio of today is 17.11.

During the past 13 years, the highest Shiller PE Ratio of Japan Aviation Electronics Industry was 29.46. The lowest was 9.55. And the median was 17.49.


Japan Aviation Electronics Industry  (FRA:8N9) 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.

Japan Aviation Electronics Industry's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.00/0.76
=17.11

* 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 Japan Aviation Electronics Industry was 29.46. The lowest was 9.55. And the median was 17.49.


Be Aware

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


Japan Aviation Electronics Industry E10 Related Terms


Japan Aviation Electronics Industry E10 Historical Data

* Premium members only.

The historical data trend for Japan Aviation Electronics Industry'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.

Japan Aviation Electronics Industry E10 Chart

Japan Aviation Electronics Industry 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 0.89 0.94 0.85 0.88 0.76

Japan Aviation Electronics Industry 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 0.88 0.82 0.79 0.75 0.76

FRA:8N9 vs APH, GLW: E10 Comparison

For the Electronic Components subindustry, Japan Aviation Electronics Industry'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.


Japan Aviation Electronics Industry Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Japan Aviation Electronics Industry's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Japan Aviation Electronics Industry's Shiller PE Ratio falls into.


FRA:8N9
77GF Score
Japan Aviation Electronics Industry Ltd FRA:8N9
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Aviation Electronics Industry 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, Japan Aviation Electronics Industry'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)
=0.204/112.7000*112.7000
=0.204

Current CPI (Mar. 2026) = 112.7000.

Japan Aviation Electronics Industry Quarterly Data

per share eps CPI Adj_EPS
201606 0.033 98.100 0.038
201609 0.169 98.000 0.194
201612 0.099 98.400 0.113
201703 0.321 98.100 0.369
201706 0.247 98.500 0.283
201709 0.284 98.800 0.324
201712 0.392 99.400 0.444
201803 0.165 99.200 0.187
201806 0.348 99.200 0.395
201809 0.305 99.900 0.344
201812 0.356 99.700 0.402
201903 0.147 99.700 0.166
201906 0.179 99.800 0.202
201909 0.356 100.100 0.401
201912 0.258 100.500 0.289
202003 0.221 100.300 0.248
202006 -0.120 99.900 -0.135
202009 0.156 99.900 0.176
202012 0.170 99.300 0.193
202103 0.281 99.900 0.317
202106 0.222 99.500 0.251
202109 0.348 100.100 0.392
202112 0.311 100.100 0.350
202203 0.328 101.100 0.366
202206 0.454 101.800 0.503
202209 0.377 103.100 0.412
202212 0.207 104.100 0.224
202303 0.093 104.400 0.100
202306 0.179 105.200 0.192
202309 0.293 106.200 0.311
202312 0.284 106.800 0.300
202403 0.116 107.200 0.122
202406 0.274 108.200 0.285
202409 0.327 108.900 0.338
202412 0.192 110.700 0.195
202503 0.264 111.100 0.268
202506 0.076 111.700 0.077
202509 0.193 112.000 0.194
202512 0.116 113.000 0.116
202603 0.204 112.700 0.204

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 €0.76 mean?
Japan Aviation Electronics Industry (FRA:8N9) has a E10 of €0.76 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Japan Aviation Electronics Industry and its competitors.
Is Japan Aviation Electronics Industry's E10 too high?
Japan Aviation Electronics Industry's current E10 is €0.76. Overall, Japan Aviation Electronics Industry has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Japan Aviation Electronics Industry's E10 compare to APH and GLW?
Japan Aviation Electronics Industry's E10 of €0.76 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Japan Aviation Electronics Industry and its competitors. Japan Aviation Electronics Industry's current E10 is €0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Aviation Electronics Industry stock overvalued right now?
Based on GuruFocus' analysis, Japan Aviation Electronics Industry (FRA:8N9) is currently considered Modestly Undervalued. The stock's GF Value™ is €17.29, compared to a current price of €13.00 — trading 24.8% below its estimated fair value. The current E10 is €0.76. Japan Aviation Electronics Industry's overall GF Score™ is 77/100 with 3 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 Japan Aviation Electronics Industry (FRA:8N9), the current E10 is €0.76 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 Japan Aviation Electronics Industry (FRA:8N9) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Aviation Electronics Industry stock appears to be undervalued. The current stock price of €13.00 is trading 24.8% below its estimated GF Value™ of €17.29. GuruFocus considers Japan Aviation Electronics Industry to be Modestly Undervalued.

Key valuation signals for FRA:8N9:

  • E10: €0.76
  • GF Value™: €17.29 vs. price of €13.00 (24.8% below fair value)
  • GF Score™: 77/100 with 3 warning signs

No single metric tells the full story. See the FRA:8N9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Aviation Electronics Industry Business Description

Other Exchanges 6807:Japan
Address 21-2, Dogenzaka 1-chome, Shibuya-ku, Tokyo, JPN, 150-0043
Japan Aviation Electronics Industry Ltd is a Japan-based company that manufactures and distributes electronic components and equipment. The firm's operations are organized in four segments: the Connector segment, which sells connectors for use in infrastructure, transportation, and mobile device applications; the Interface Solution segment, which sells touch panels, touch controls, and monitors; the Aviation Equipment segment, which includes navigation equipment and motion sensor solutions; and Others, which includes the sale of other products and the transportation business.
77GF Score

Get the complete analysis for FRA:8N9

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

€13.00
Price
€17.29
GF Value