Kirin Holdings Co (FRA:KIR) E10: €0.83 (As of Mar. 2026)


FRA:KIR Kirin Holdings Co Ltd FRA:KIR
76 GF Score
Price €15.35
GF Value €13.06
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Kirin Holdings Co E10?

Kirin Holdings Co FRA:KIR +1.22% 76 E10 is €0.83 as of Mar. 2026. GuruFocus rates FRA:KIR with a GF Score™ of 76/100 and a GF Value™ of €13.06 (Modestly Overvalued). The stock has 9 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.

Kirin Holdings Co's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.182. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.83 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kirin Holdings Co's average E10 Growth Rate was 21.20% per year. During the past 3 years, the average E10 Growth Rate was 11.20% per year. During the past 5 years, the average E10 Growth Rate was 9.80% per year. During the past 10 years, the average E10 Growth Rate was 11.50% 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 Kirin Holdings Co was 26.90% per year. The lowest was -4.40% per year. And the median was 5.90% per year.

As of today (2026-06-28), Kirin Holdings Co's current stock price is €15.345. Kirin Holdings Co's E10 for the quarter that ended in Mar. 2026 was €0.83. Kirin Holdings Co's Shiller PE Ratio of today is 18.49.

During the past 13 years, the highest Shiller PE Ratio of Kirin Holdings Co was 45.85. The lowest was 15.39. And the median was 22.02.


Kirin Holdings Co  (FRA:KIR) 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.

Kirin Holdings Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.345/0.83
=18.49

* 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 Kirin Holdings Co was 45.85. The lowest was 15.39. And the median was 22.02.


Be Aware

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


Kirin Holdings Co E10 Related Terms


Kirin Holdings Co E10 Historical Data

* Premium members only.

The historical data trend for Kirin Holdings Co'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.

Kirin Holdings Co E10 Chart

Kirin Holdings Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.76 0.74 0.75 0.81

Kirin Holdings Co 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 0.78 0.75 0.75 0.81 0.83

FRA:KIR vs STZ, TAP: E10 Comparison

For the Beverages - Brewers subindustry, Kirin Holdings Co'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.


Kirin Holdings Co Shiller PE Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kirin Holdings Co's Shiller PE Ratio falls into.


FRA:KIR
76GF Score
Kirin Holdings Co Ltd FRA:KIR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kirin Holdings Co 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, Kirin Holdings Co'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)
=0.182/112.7000*112.7000
=0.182

Current CPI (Mar. 2026) = 112.7000.

Kirin Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.217 98.100 0.249
201609 0.396 98.000 0.455
201612 0.661 98.400 0.757
201703 0.203 98.100 0.233
201706 1.296 98.500 1.483
201709 0.393 98.800 0.448
201712 0.203 99.400 0.230
201803 0.419 99.200 0.476
201806 0.313 99.200 0.356
201809 0.367 99.900 0.414
201812 0.316 99.700 0.357
201903 -0.308 99.700 -0.348
201906 0.312 99.800 0.352
201909 0.323 100.100 0.364
201912 0.250 100.500 0.280
202003 0.199 100.300 0.224
202006 0.129 99.900 0.146
202009 0.371 99.900 0.419
202012 0.004 99.300 0.005
202103 0.157 99.900 0.177
202106 0.061 99.500 0.069
202109 0.258 100.100 0.290
202112 0.076 100.100 0.086
202203 0.160 101.100 0.178
202206 0.323 101.800 0.358
202209 0.638 103.100 0.697
202212 -0.149 104.100 -0.161
202303 0.048 104.400 0.052
202306 0.213 105.200 0.228
202309 0.406 106.200 0.431
202312 0.226 106.800 0.238
202403 0.196 107.200 0.206
202406 0.228 108.200 0.237
202409 0.172 108.900 0.178
202412 -0.161 110.700 -0.164
202503 0.186 111.100 0.189
202506 0.211 111.700 0.213
202509 0.356 112.000 0.358
202512 0.302 113.000 0.301
202603 0.182 112.700 0.182

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 €0.83 mean?
Kirin Holdings Co (FRA:KIR) has a E10 of €0.83 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kirin Holdings Co and its competitors.
Is Kirin Holdings Co's E10 too high?
Kirin Holdings Co's current E10 is €0.83. Overall, Kirin Holdings Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kirin Holdings Co's E10 compare to STZ and TAP?
Kirin Holdings Co's E10 of €0.83 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good E10 depends on the Beverages - Alcoholic 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 Kirin Holdings Co and its competitors. Kirin Holdings Co's current E10 is €0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kirin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Kirin Holdings Co (FRA:KIR) is currently considered Modestly Overvalued. The stock's GF Value™ is €13.06, compared to a current price of €15.35 — trading 17.5% above its estimated fair value. The current E10 is €0.83. Kirin Holdings Co's overall GF Score™ is 76/100 with 9 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 Kirin Holdings Co (FRA:KIR), the current E10 is €0.83 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 Kirin Holdings Co (FRA:KIR) Overvalued in 2026?

Based on GuruFocus' analysis, Kirin Holdings Co stock appears to be overvalued. The current stock price of €15.35 is trading 17.5% above its estimated GF Value™ of €13.06. GuruFocus considers Kirin Holdings Co to be Modestly Overvalued.

Key valuation signals for FRA:KIR:

  • E10: €0.83
  • GF Value™: €13.06 vs. price of €15.35 (17.5% above fair value)
  • GF Score™: 76/100 with 9 warning signs

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


Kirin Holdings Co Business Description

Address 10-2 Nakano 4-chome, Nakano Central Park South, Nakano-ku, Tokyo, JPN, 164-0001
Kirin is the second-largest brewer in Japan with a 28% market share. It holds a top share in the happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of alcoholic and soft beverage products in Japan. It has made several acquisitions, including Lion Nathan and National Foods in Australia, the second-largest Brazilian brewer Schincariol and Myanmar's biggest brewer over the past decade. It sold the businesses in Brazil and Myanmar in 2017 and 2023, respectively. In 2023, the company made a tender offer to bring Fancl on as a wholly owned subsidiary. Its revenue accounts for roughly 5% of Kirin's total sales. Its overseas business, which includes alcoholic and nonalcoholic beverages, represents about 40% of the group's revenue.
76GF Score

Get the complete analysis for FRA:KIR

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

€15.35
Price
€13.06
GF Value