Gunze (FRA:GUN) E10: €0.62 (As of Mar. 2026)


FRA:GUN Gunze Ltd FRA:GUN
68 GF Score
Price €21.60
GF Value €15.19
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Gunze E10?

Gunze FRA:GUN 68 E10 is €0.62 as of Mar. 2026. GuruFocus rates FRA:GUN with a GF Score™ of 68/100 and a GF Value™ of €15.19 (Significantly Overvalued). The stock has 4 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.

Gunze's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.136. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Gunze's average E10 Growth Rate was 6.40% per year. During the past 3 years, the average E10 Growth Rate was 10.70% per year. During the past 5 years, the average E10 Growth Rate was 15.40% 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 Gunze was 17.90% per year. The lowest was 10.70% per year. And the median was 14.80% per year.

As of today (2026-07-07), Gunze's current stock price is €21.60. Gunze's E10 for the quarter that ended in Mar. 2026 was €0.62. Gunze's Shiller PE Ratio of today is 34.84.

During the past 13 years, the highest Shiller PE Ratio of Gunze was 99.17. The lowest was 22.75. And the median was 33.91.


Gunze  (FRA:GUN) 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.

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

Shiller PE Ratio=Share Price/E10
=21.60/0.62
=34.84

* 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 Gunze was 99.17. The lowest was 22.75. And the median was 33.91.


Be Aware

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


Gunze E10 Related Terms


Gunze E10 Historical Data

* Premium members only.

The historical data trend for Gunze'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.

Gunze E10 Chart

Gunze 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 0.47 0.57 0.55 0.66 0.62

Gunze 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 0.59 0.60 0.60 0.62

FRA:GUN vs RL, LEVI, VFC: E10 Comparison

For the Apparel Manufacturing subindustry, Gunze'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.


Gunze Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gunze's Shiller PE Ratio distribution charts can be found below:

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


FRA:GUN
68GF Score
Gunze Ltd FRA:GUN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gunze 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, Gunze'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)
=-0.136/112.7000*112.7000
=-0.136

Current CPI (Mar. 2026) = 112.7000.

Gunze Quarterly Data

per share eps CPI Adj_EPS
201606 -1.290 98.100 -1.482
201609 0.707 98.000 0.813
201612 1.564 98.400 1.791
201703 -0.303 98.100 -0.348
201706 0.367 98.500 0.420
201709 0.169 98.800 0.193
201712 0.332 99.400 0.376
201803 -0.143 99.200 -0.162
201806 0.414 99.200 0.470
201809 0.126 99.900 0.142
201812 0.437 99.700 0.494
201903 -0.107 99.700 -0.121
201906 0.225 99.800 0.254
201909 0.271 100.100 0.305
201912 0.539 100.500 0.604
202003 -0.025 100.300 -0.028
202006 -0.067 99.900 -0.076
202009 0.115 99.900 0.130
202012 0.423 99.300 0.480
202103 0.005 99.900 0.006
202106 0.005 99.500 0.006
202109 1.094 100.100 1.232
202112 0.359 100.100 0.404
202203 -0.802 101.100 -0.894
202206 0.239 101.800 0.265
202209 0.211 103.100 0.231
202212 0.337 104.100 0.365
202303 0.129 104.400 0.139
202306 0.303 105.200 0.325
202309 0.199 106.200 0.211
202312 0.248 106.800 0.262
202403 0.206 107.200 0.217
202406 0.282 108.200 0.294
202409 0.256 108.900 0.265
202412 0.278 110.700 0.283
202503 0.348 111.100 0.353
202506 -0.272 111.700 -0.274
202509 0.145 112.000 0.146
202512 0.334 113.000 0.333
202603 -0.136 112.700 -0.136

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 €0.62 mean?
Gunze (FRA:GUN) has a E10 of €0.62 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gunze and its competitors.
Is Gunze's E10 too high?
Gunze's current E10 is €0.62. Overall, Gunze has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gunze's E10 compare to RL and LEVI?
Gunze's E10 of €0.62 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Gunze and its competitors. Gunze's current E10 is €0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gunze stock overvalued right now?
Based on GuruFocus' analysis, Gunze (FRA:GUN) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.19, compared to a current price of €21.60 — trading 42.2% above its estimated fair value. The current E10 is €0.62. Gunze's overall GF Score™ is 68/100 with 4 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 Gunze (FRA:GUN), the current E10 is €0.62 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 Gunze (FRA:GUN) Overvalued in 2026?

Based on GuruFocus' analysis, Gunze stock appears to be overvalued. The current stock price of €21.60 is trading 42.2% above its estimated GF Value™ of €15.19. GuruFocus considers Gunze to be Significantly Overvalued.

Key valuation signals for FRA:GUN:

  • E10: €0.62
  • GF Value™: €15.19 vs. price of €21.60 (42.2% above fair value)
  • GF Score™: 68/100 with 4 warning signs

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


Gunze Business Description

Other Exchanges 3002:Japan
Address 2-5-25, Umeda, Kita-ku, Herbis Osaka Office Tower, Osaka, JPN, 530-0001
Gunze Ltd has three business lines: Apparel, Functional Solutions, and Lifestyle Creation. Apparel, which is the company's largest business by revenue, manufactures innerwear, legwear, house casual wear, and threads and accessories with brands including Kaiteki Kobo, Body Wild, Tuche, The Gunze, and Sabrina. Functional Solutions produces plastic films, engineering plastics, electronic components, mechatronics, and medical materials for the beverage, electronics, and medical industries. Lifestyle Creations, the smallest business, engages in a variety of service businesses including landscaping, fitness clubs and spas, property development, and energy engineering. Roughly three fourths of the company's sales come from Japan.
68GF Score

Get the complete analysis for FRA:GUN

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

€21.60
Price
€15.19
GF Value