Daio Paper (FRA:DPR) E10: €0.23 (As of Dec. 2025)


FRA:DPR Daio Paper Corp FRA:DPR
68 GF Score
Price €4.74
GF Value €4.97
Valuation Fairly Valued
! 5 Warning Signs
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What is Daio Paper E10?

Daio Paper FRA:DPR +1.28% 68 E10 is €0.23 as of Dec. 2025. GuruFocus rates FRA:DPR with a GF Score™ of 68/100 and a GF Value™ of €4.97 (Fairly Valued). The stock has 5 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.

Daio Paper's adjusted earnings per share data for the three months ended in Dec. 2025 was €0.146. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.23 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Daio Paper'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 Daio Paper was 43.10% per year. The lowest was -22.80% per year. And the median was 12.20% per year.

As of today (2026-06-24), Daio Paper's current stock price is €4.74. Daio Paper's E10 for the quarter that ended in Dec. 2025 was €0.23. Daio Paper's Shiller PE Ratio of today is 20.61.

During the past 13 years, the highest Shiller PE Ratio of Daio Paper was 58.04. The lowest was 12.80. And the median was 24.08.


Daio Paper  (FRA:DPR) 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.

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

Shiller PE Ratio=Share Price/E10
=4.74/0.23
=20.61

* 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 Daio Paper was 58.04. The lowest was 12.80. And the median was 24.08.


Be Aware

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


Daio Paper E10 Related Terms


Daio Paper E10 Historical Data

* Premium members only.

The historical data trend for Daio Paper'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.

Daio Paper E10 Chart

Daio Paper 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 0.64 0.39 0.34 0.25 0.00

Daio Paper 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 0.25 0.23 0.23 0.23 0.00

Daio Paper E10 Competitor Comparison

For the Paper & Paper Products subindustry, Daio Paper'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.


Daio Paper Shiller PE Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Daio Paper's Shiller PE Ratio distribution charts can be found below:

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


FRA:DPR
68GF Score
Daio Paper Corp FRA:DPR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Daio Paper 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, Daio Paper'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)
=0.146/113.0000*113.0000
=0.146

Current CPI (Dec. 2025) = 113.0000.

Daio Paper Quarterly Data

per share eps CPI Adj_EPS
201603 0.429 97.900 0.495
201606 0.063 98.100 0.073
201609 0.124 98.000 0.143
201612 0.168 98.400 0.193
201703 0.254 98.100 0.293
201706 0.038 98.500 0.044
201709 0.153 98.800 0.175
201712 0.029 99.400 0.033
201803 -0.045 99.200 -0.051
201806 0.082 99.200 0.093
201809 0.125 99.900 0.141
201812 -0.088 99.700 -0.100
201903 0.088 99.700 0.100
201906 0.112 99.800 0.127
201909 0.432 100.100 0.488
201912 0.223 100.500 0.251
202003 0.196 100.300 0.221
202006 0.295 99.900 0.334
202009 0.165 99.900 0.187
202012 0.353 99.300 0.402
202103 0.250 99.900 0.283
202106 0.305 99.500 0.346
202109 0.220 100.100 0.248
202112 0.260 100.100 0.294
202203 0.309 101.100 0.345
202206 0.058 101.800 0.064
202209 -0.410 103.100 -0.449
202212 -0.664 104.100 -0.721
202303 -0.448 104.400 -0.485
202306 0.130 105.200 0.140
202309 0.024 106.200 0.026
202312 -0.073 106.800 -0.077
202403 0.091 107.200 0.096
202406 -0.038 108.200 -0.040
202409 -0.090 108.900 -0.093
202412 -0.105 110.700 -0.107
202503 -0.183 111.100 -0.186
202506 0.012 111.700 0.012
202509 0.140 112.000 0.141
202512 0.146 113.000 0.146

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 €0.23 mean?
Daio Paper (FRA:DPR) has a E10 of €0.23 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Daio Paper and its competitors.
Is Daio Paper's E10 too high?
Daio Paper's current E10 is €0.23. Overall, Daio Paper has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Daio Paper's E10 compare to competitors?
Daio Paper's E10 of €0.23 can be compared against companies in the Forest Products 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 Forest Products company?
A good E10 depends on the Forest Products 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 Daio Paper and its competitors. Daio Paper's current E10 is €0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daio Paper stock overvalued right now?
Based on GuruFocus' analysis, Daio Paper (FRA:DPR) is currently considered Fairly Valued. The stock's GF Value™ is €4.97, compared to a current price of €4.74 — trading 4.6% below its estimated fair value. The current E10 is €0.23. Daio Paper's overall GF Score™ is 68/100 with 5 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 Daio Paper (FRA:DPR), the current E10 is €0.23 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 Daio Paper (FRA:DPR) Overvalued in 2026?

Based on GuruFocus' analysis, Daio Paper stock appears to be undervalued. The current stock price of €4.74 is trading 4.6% below its estimated GF Value™ of €4.97. GuruFocus considers Daio Paper to be Fairly Valued.

Key valuation signals for FRA:DPR:

  • E10: €0.23
  • GF Value™: €4.97 vs. price of €4.74 (4.6% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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


Daio Paper Business Description

Other Exchanges 3880:Japan
Address 10-2, Fujimi 2 chome, Iidabashi Grand Bloom, Chiyoda-ku, Tokyo, JPN, 102-0071
Daio Paper Corp is a Japan-based paper, pulp and paperboard manufacturer. It produces general printing paper for magazines and catalogs, newsprint, office paper, corrugated materials, kraft liner, facial and toilet tissue, paper towels etc. The company's main products Newsprint, coated paper, wood free paper, publication paper, PPC paper, carbonless paper, adhesive printing paper, functional materials, wrapping paper, household paper products like facial tissue, toilet tissue, paper towels, sanitary napkins, disposable diapers, among others, kraft linerboard (containerboard), and various types of pulp.
68GF Score

Get the complete analysis for FRA:DPR

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

€4.74
Price
€4.97
GF Value