Nipponnso Holdings (FRA:NPX) E10: €0.97 (As of Mar. 2026)


FRA:NPX Nippon Sanso Holdings Corp FRA:NPX
90 GF Score
Price €31.68
GF Value €26.92
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Nipponnso Holdings E10?

Nipponnso Holdings FRA:NPX -1.00% 90 E10 is €0.97 as of Mar. 2026. GuruFocus rates FRA:NPX with a GF Score™ of 90/100 and a GF Value™ of €26.92 (Modestly Overvalued). 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.

Nipponnso Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.387. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nipponnso Holdings's average E10 Growth Rate was 15.30% per year. During the past 3 years, the average E10 Growth Rate was 17.70% per year. During the past 5 years, the average E10 Growth Rate was 18.70% 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 Nipponnso Holdings was 20.50% per year. The lowest was 12.90% per year. And the median was 17.25% per year.

As of today (2026-07-02), Nipponnso Holdings's current stock price is €31.68. Nipponnso Holdings's E10 for the quarter that ended in Mar. 2026 was €0.97. Nipponnso Holdings's Shiller PE Ratio of today is 32.66.

During the past 13 years, the highest Shiller PE Ratio of Nipponnso Holdings was 42.03. The lowest was 17.75. And the median was 30.65.


Nipponnso Holdings  (FRA:NPX) 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.

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

Shiller PE Ratio=Share Price/E10
=31.68/0.97
=32.66

* 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 Nipponnso Holdings was 42.03. The lowest was 17.75. And the median was 30.65.


Be Aware

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


Nipponnso Holdings E10 Related Terms


Nipponnso Holdings E10 Historical Data

* Premium members only.

The historical data trend for Nipponnso Holdings'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.

Nipponnso Holdings E10 Chart

Nipponnso Holdings 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 0.66 0.74 0.78 0.93 0.97

Nipponnso Holdings 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 0.93 0.91 0.92 0.91 0.97

FRA:NPX vs DOW: E10 Comparison

For the Chemicals subindustry, Nipponnso Holdings'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.


Nipponnso Holdings Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nipponnso Holdings's Shiller PE Ratio distribution charts can be found below:

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


FRA:NPX
90GF Score
Nippon Sanso Holdings Corp FRA:NPX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nipponnso Holdings 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, Nipponnso Holdings'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)
=0.387/112.7000*112.7000
=0.387

Current CPI (Mar. 2026) = 112.7000.

Nipponnso Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.127 98.100 0.146
201609 0.202 98.000 0.232
201612 0.181 98.400 0.207
201703 0.167 98.100 0.192
201706 0.141 98.500 0.161
201709 0.176 98.800 0.201
201712 0.386 99.400 0.438
201803 0.158 99.200 0.180
201806 0.174 99.200 0.198
201809 0.141 99.900 0.159
201812 0.173 99.700 0.196
201903 0.259 99.700 0.293
201906 0.231 99.800 0.261
201909 0.303 100.100 0.341
201912 0.260 100.500 0.292
202003 0.233 100.300 0.262
202006 0.142 99.900 0.160
202009 0.252 99.900 0.284
202012 0.299 99.300 0.339
202103 0.320 99.900 0.361
202106 0.280 99.500 0.317
202109 0.325 100.100 0.366
202112 0.285 100.100 0.321
202203 0.247 101.100 0.275
202206 0.282 101.800 0.312
202209 0.291 103.100 0.318
202212 0.279 104.100 0.302
202303 0.334 104.400 0.361
202306 0.370 105.200 0.396
202309 0.351 106.200 0.372
202312 0.366 106.800 0.386
202403 0.461 107.200 0.485
202406 0.395 108.200 0.411
202409 0.293 108.900 0.303
202412 0.406 110.700 0.413
202503 0.305 111.100 0.309
202506 0.394 111.700 0.398
202509 0.386 112.000 0.388
202512 0.452 113.000 0.451
202603 0.387 112.700 0.387

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 €0.97 mean?
Nipponnso Holdings (FRA:NPX) has a E10 of €0.97 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nipponnso Holdings and its competitors.
Is Nipponnso Holdings' E10 too high?
Nipponnso Holdings' current E10 is €0.97. Overall, Nipponnso Holdings has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nipponnso Holdings' E10 compare to DOW?
Nipponnso Holdings' E10 of €0.97 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 Nipponnso Holdings and its competitors. Nipponnso Holdings's current E10 is €0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nipponnso Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nipponnso Holdings (FRA:NPX) is currently considered Modestly Overvalued. The stock's GF Value™ is €26.92, compared to a current price of €31.68 — trading 17.7% above its estimated fair value. The current E10 is €0.97. Nipponnso Holdings' overall GF Score™ is 90/100 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 Nipponnso Holdings (FRA:NPX), the current E10 is €0.97 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 Nipponnso Holdings (FRA:NPX) Overvalued in 2026?

Based on GuruFocus' analysis, Nipponnso Holdings stock appears to be overvalued. The current stock price of €31.68 is trading 17.7% above its estimated GF Value™ of €26.92. GuruFocus considers Nipponnso Holdings to be Modestly Overvalued.

Key valuation signals for FRA:NPX:

  • E10: €0.97
  • GF Value™: €26.92 vs. price of €31.68 (17.7% above fair value)
  • GF Score™: 90/100 with 5 warning signs

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


Nipponnso Holdings Business Description

Address 1-3-26 Oyama, Shinagawa-ku, Tokyo, JPN, 142-0062
Nippon Sanso Holdings Corp is engaged in the gas business both domestically and internationally, supplying industries such as steel, chemicals, and electronics. The company operates through five reportable segments: Japan, the United States, Europe, Asia/Oceania, and Thermos. It provides industrial and medical gases, gas-related equipment, and electronic material gases, along with the manufacturing and construction of related systems. The Thermos segment focuses on household products such as stainless steel thermoses.
90GF Score

Get the complete analysis for FRA:NPX

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

€31.68
Price
€26.92
GF Value