Chiyoda (FRA:CYA) E10: €-0.56 (As of Dec. 2025)


FRA:CYA Chiyoda Corp FRA:CYA
64 GF Score
Price €3.88
GF Value €1.80
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Chiyoda E10?

Chiyoda FRA:CYA +4.86% 64 E10 is €-0.56 as of Dec. 2025. GuruFocus rates FRA:CYA with a GF Score™ of 64/100 and a GF Value™ of €1.80 (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.

Chiyoda's adjusted earnings per share data for the three months ended in Dec. 2025 was €0.318. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.56 for the trailing ten years ended in Dec. 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Chiyoda was -5.40% per year. The lowest was -14.30% per year. And the median was -9.45% per year.

As of today (2026-06-25), Chiyoda's current stock price is €3.88. Chiyoda's E10 for the quarter that ended in Dec. 2025 was €-0.56. Chiyoda's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Chiyoda was 67.40. The lowest was 21.12. And the median was 43.71.


Chiyoda  (FRA:CYA) 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.

During the past 13 years, the highest Shiller P/E Ratio of Chiyoda was 67.40. The lowest was 21.12. And the median was 43.71.


Be Aware

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


Chiyoda E10 Related Terms


Chiyoda E10 Historical Data

* Premium members only.

The historical data trend for Chiyoda'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.

Chiyoda E10 Chart

Chiyoda 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 -0.57 -0.58 -0.60 -0.66 0.00

Chiyoda 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 -0.66 -0.63 -0.61 -0.56 0.00

FRA:CYA vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Chiyoda'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.


Chiyoda Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Chiyoda's Shiller PE Ratio distribution charts can be found below:

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


FRA:CYA
64GF Score
Chiyoda Corp FRA:CYA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chiyoda 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, Chiyoda'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)
=0.318/113.0000*113.0000
=0.318

Current CPI (Dec. 2025) = 113.0000.

Chiyoda Quarterly Data

per share eps CPI Adj_EPS
201603 -0.150 97.900 -0.173
201606 0.121 98.100 0.139
201609 0.064 98.000 0.074
201612 -1.250 98.400 -1.435
201703 -0.228 98.100 -0.263
201706 0.005 98.500 0.006
201709 0.097 98.800 0.111
201712 0.050 99.400 0.057
201803 0.037 99.200 0.042
201806 -0.111 99.200 -0.126
201809 -3.097 99.900 -3.503
201812 -0.591 99.700 -0.670
201903 -2.669 99.700 -3.025
201906 0.072 99.800 0.082
201909 0.065 100.100 0.073
201912 0.368 100.500 0.414
202003 -0.169 100.300 -0.190
202006 0.038 99.900 0.043
202009 0.025 99.900 0.028
202012 0.005 99.300 0.006
202103 0.030 99.900 0.034
202106 -0.516 99.500 -0.586
202109 0.041 100.100 0.046
202112 0.034 100.100 0.038
202203 0.015 101.100 0.017
202206 0.016 101.800 0.018
202209 0.071 103.100 0.078
202212 0.181 104.100 0.196
202303 0.058 104.400 0.063
202306 0.032 105.200 0.034
202309 0.079 106.200 0.084
202312 0.161 106.800 0.170
202403 -0.760 107.200 -0.801
202406 0.023 108.200 0.024
202409 0.063 108.900 0.065
202412 0.041 110.700 0.042
202503 0.037 111.100 0.038
202506 0.037 111.700 0.037
202509 0.062 112.000 0.063
202512 0.318 113.000 0.318

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 €-0.56 mean?
Chiyoda (FRA:CYA) has a E10 of €-0.56 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Chiyoda and its competitors.
Is Chiyoda's E10 too high?
Chiyoda's current E10 is €-0.56. Overall, Chiyoda has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chiyoda's E10 compare to PWR and FIX?
Chiyoda's E10 of €-0.56 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Chiyoda and its competitors. Chiyoda's current E10 is €-0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chiyoda stock overvalued right now?
Based on GuruFocus' analysis, Chiyoda (FRA:CYA) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.80, compared to a current price of €3.88 — trading 115.6% above its estimated fair value. The current E10 is €-0.56. Chiyoda's overall GF Score™ is 64/100 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 Chiyoda (FRA:CYA), the current E10 is €-0.56 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 Chiyoda (FRA:CYA) Overvalued in 2026?

Based on GuruFocus' analysis, Chiyoda stock appears to be overvalued. The current stock price of €3.88 is trading 115.6% above its estimated GF Value™ of €1.80. GuruFocus considers Chiyoda to be Significantly Overvalued.

Key valuation signals for FRA:CYA:

  • E10: €-0.56
  • GF Value™: €1.80 vs. price of €3.88 (115.6% above fair value)
  • GF Score™: 64/100 with 1 warning sign

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


Chiyoda Business Description

Address Minatomirai 4-chome, Nishi-ku, Minatomirai Grand Central Tower 6-2, Yokohama, JPN, 220-8765
Chiyoda Corp offers engineering, procurement, and construction, or EPC, services to the energy and chemical industries. The Japanese firm is involved in two main areas of activity: energy and environment. Its energy segment involves constructing liquefied natural gas plants and other gas-related facilities. Chiyoda also provides EPC, operation, expansion, and improvement services to petrochemical and metal firms through this business. The environment segment includes EPC work on pharmaceutical manufacturers as well as preservation technology offerings like air pollution control and wastewater treatment. Chiyoda uses artificial intelligence technology to optimize plant operations in their digital transformation business. It earns the majority of its total revenue overseas.
64GF Score

Get the complete analysis for FRA:CYA

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

€3.88
Price
€1.80
GF Value