Mitsubishi Gas Chemical Co (FRA:MUG) E10: €1.04 (As of Mar. 2026)


FRA:MUG Mitsubishi Gas Chemical Co Inc FRA:MUG
64 GF Score
Price €28.60
GF Value €14.31
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Mitsubishi Gas Chemical Co E10?

Mitsubishi Gas Chemical Co FRA:MUG +0.70% 64 E10 is €1.04 as of Mar. 2026. GuruFocus rates FRA:MUG with a GF Score™ of 64/100 and a GF Value™ of €14.31 (Significantly Overvalued). The stock has 11 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.

Mitsubishi Gas Chemical Co's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.396. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mitsubishi Gas Chemical Co's average E10 Growth Rate was -15.40% per year. During the past 3 years, the average E10 Growth Rate was -1.40% per year. During the past 5 years, the average E10 Growth Rate was 6.80% 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 Mitsubishi Gas Chemical Co was 13.80% per year. The lowest was -1.40% per year. And the median was 11.05% per year.

As of today (2026-06-26), Mitsubishi Gas Chemical Co's current stock price is €28.60. Mitsubishi Gas Chemical Co's E10 for the quarter that ended in Mar. 2026 was €1.04. Mitsubishi Gas Chemical Co's Shiller PE Ratio of today is 27.50.

During the past 13 years, the highest Shiller PE Ratio of Mitsubishi Gas Chemical Co was 34.25. The lowest was 8.09. And the median was 12.58.


Mitsubishi Gas Chemical Co  (FRA:MUG) 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.

Mitsubishi Gas Chemical Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=28.60/1.04
=27.50

* 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 Mitsubishi Gas Chemical Co was 34.25. The lowest was 8.09. And the median was 12.58.


Be Aware

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


Mitsubishi Gas Chemical Co E10 Related Terms


Mitsubishi Gas Chemical Co E10 Historical Data

* Premium members only.

The historical data trend for Mitsubishi Gas Chemical 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.

Mitsubishi Gas Chemical Co E10 Chart

Mitsubishi Gas Chemical Co 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 1.20 1.35 1.26 1.41 1.04

Mitsubishi Gas Chemical 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 1.41 1.33 1.17 1.10 1.04

FRA:MUG vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Mitsubishi Gas Chemical 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.


Mitsubishi Gas Chemical Co Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsubishi Gas Chemical Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mitsubishi Gas Chemical Co's Shiller PE Ratio falls into.


FRA:MUG
64GF Score
Mitsubishi Gas Chemical Co Inc FRA:MUG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsubishi Gas Chemical 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, Mitsubishi Gas Chemical 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)
=-0.396/112.7000*112.7000
=-0.396

Current CPI (Mar. 2026) = 112.7000.

Mitsubishi Gas Chemical Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.330 98.100 0.379
201609 0.398 98.000 0.458
201612 0.614 98.400 0.703
201703 0.493 98.100 0.566
201706 0.674 98.500 0.771
201709 0.608 98.800 0.694
201712 0.295 99.400 0.334
201803 0.594 99.200 0.675
201806 0.676 99.200 0.768
201809 0.693 99.900 0.782
201812 0.449 99.700 0.508
201903 0.180 99.700 0.203
201906 0.138 99.800 0.156
201909 0.182 100.100 0.205
201912 0.260 100.500 0.292
202003 0.257 100.300 0.289
202006 0.271 99.900 0.306
202009 0.287 99.900 0.324
202012 0.448 99.300 0.508
202103 0.373 99.900 0.421
202106 0.520 99.500 0.589
202109 0.513 100.100 0.578
202112 0.417 100.100 0.469
202203 0.329 101.100 0.367
202206 0.549 101.800 0.608
202209 0.625 103.100 0.683
202212 0.351 104.100 0.380
202303 0.156 104.400 0.168
202306 0.633 105.200 0.678
202309 0.353 106.200 0.375
202312 0.277 106.800 0.292
202403 -0.038 107.200 -0.040
202406 0.345 108.200 0.359
202409 0.409 108.900 0.423
202412 0.340 110.700 0.346
202503 0.315 111.100 0.320
202506 0.259 111.700 0.261
202509 -1.075 112.000 -1.082
202512 0.050 113.000 0.050
202603 -0.396 112.700 -0.396

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 €1.04 mean?
Mitsubishi Gas Chemical Co (FRA:MUG) has a E10 of €1.04 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mitsubishi Gas Chemical Co and its competitors.
Is Mitsubishi Gas Chemical Co's E10 too high?
Mitsubishi Gas Chemical Co's current E10 is €1.04. Overall, Mitsubishi Gas Chemical Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Gas Chemical Co's E10 compare to LIN and SHW?
Mitsubishi Gas Chemical Co's E10 of €1.04 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Mitsubishi Gas Chemical Co and its competitors. Mitsubishi Gas Chemical Co's current E10 is €1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Gas Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Gas Chemical Co (FRA:MUG) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.31, compared to a current price of €28.60 — trading 99.9% above its estimated fair value. The current E10 is €1.04. Mitsubishi Gas Chemical Co's overall GF Score™ is 64/100 with 11 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 Mitsubishi Gas Chemical Co (FRA:MUG), the current E10 is €1.04 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 Mitsubishi Gas Chemical Co (FRA:MUG) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Gas Chemical Co stock appears to be overvalued. The current stock price of €28.60 is trading 99.9% above its estimated GF Value™ of €14.31. GuruFocus considers Mitsubishi Gas Chemical Co to be Significantly Overvalued.

Key valuation signals for FRA:MUG:

  • E10: €1.04
  • GF Value™: €14.31 vs. price of €28.60 (99.9% above fair value)
  • GF Score™: 64/100 with 11 warning signs

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


Mitsubishi Gas Chemical Co Business Description

Other Exchanges MBSHY:USA4182:Japan
Address 2-5-2 Marunouchi, Mitsubishi Building Headquarters, Chiyoda-ku, Tokyo, JPN, 100-8324
Mitsubishi Gas Chemical Co Inc is engaged in the manufacture and sale of chemical products. The company operates through two main divisions: the Green Energy & Chemicals Division, which produces methanol, ammonia-based chemicals, life science products, aromatic chemicals, foam plastics, and electricity; and the Functional Chemicals Division, which manufactures inorganic chemicals, plastic lens monomers, engineering plastics, electronic materials, and oxygen absorbers. It generates the majority of its revenue from the Functional Chemicals Division.
64GF Score

Get the complete analysis for FRA:MUG

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

€28.60
Price
€14.31
GF Value