Okasan Securities Group (FRA:OKN) E10: €0.24 (As of Mar. 2026)


FRA:OKN Okasan Securities Group Inc FRA:OKN
58 GF Score
Price €5.45
GF Value €4.81
! 4 Warning Signs
View Full Analysis

What is Okasan Securities Group E10?

Okasan Securities Group FRA:OKN +0.93% 58 E10 is €0.24 as of Mar. 2026. GuruFocus rates FRA:OKN with a GF Score™ of 58/100 and a GF Value™ of €4.81. 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.

Okasan Securities Group's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Okasan Securities Group's average E10 Growth Rate was 12.10% 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 -1.70% 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 Okasan Securities Group was 6.40% per year. The lowest was -6.60% per year. And the median was 1.30% per year.

As of today (2026-07-13), Okasan Securities Group's current stock price is €5.45. Okasan Securities Group's E10 for the quarter that ended in Mar. 2026 was €0.24. Okasan Securities Group's Shiller PE Ratio of today is 22.71.

During the past 13 years, the highest Shiller PE Ratio of Okasan Securities Group was 24.28. The lowest was 6.40. And the median was 12.34.


Okasan Securities Group  (FRA:OKN) 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.

Okasan Securities Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.45/0.24
=22.71

* 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 Okasan Securities Group was 24.28. The lowest was 6.40. And the median was 12.34.


Be Aware

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


Okasan Securities Group E10 Related Terms


Okasan Securities Group E10 Historical Data

* Premium members only.

The historical data trend for Okasan Securities Group'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.

Okasan Securities Group E10 Chart

Okasan Securities Group 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 0.36 0.29 0.24 0.24 0.24

Okasan Securities Group 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 0.24 0.22 0.23 0.22 0.24

FRA:OKN vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, Okasan Securities Group'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.


Okasan Securities Group Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Okasan Securities Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Okasan Securities Group's Shiller PE Ratio falls into.


FRA:OKN
58GF Score
Okasan Securities Group Inc FRA:OKN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okasan Securities Group 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, Okasan Securities Group'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)
=0.26/112.7000*112.7000
=0.260

Current CPI (Mar. 2026) = 112.7000.

Okasan Securities Group Quarterly Data

per share eps CPI Adj_EPS
201606 0.123 98.100 0.141
201609 0.084 98.000 0.097
201612 0.132 98.400 0.151
201703 0.104 98.100 0.119
201706 0.054 98.500 0.062
201709 0.001 98.800 0.001
201712 0.110 99.400 0.125
201803 0.061 99.200 0.069
201806 0.021 99.200 0.024
201809 0.038 99.900 0.043
201812 -0.022 99.700 -0.025
201903 -0.005 99.700 -0.006
201906 -0.006 99.800 -0.007
201909 -0.004 100.100 -0.005
201912 0.173 100.500 0.194
202003 -0.013 100.300 -0.015
202006 0.022 99.900 0.025
202009 0.042 99.900 0.047
202012 0.033 99.300 0.037
202103 0.141 99.900 0.159
202106 0.016 99.500 0.018
202109 0.080 100.100 0.090
202112 0.057 100.100 0.064
202203 0.235 101.100 0.262
202206 -0.028 101.800 -0.031
202209 0.029 103.100 0.032
202212 0.084 104.100 0.091
202303 -0.068 104.400 -0.073
202306 0.165 105.200 0.177
202309 0.085 106.200 0.090
202312 0.056 106.800 0.059
202403 0.102 107.200 0.107
202406 0.096 108.200 0.100
202409 0.105 108.900 0.109
202412 0.087 110.700 0.089
202503 0.066 111.100 0.067
202506 0.051 111.700 0.051
202509 0.129 112.000 0.130
202512 0.152 113.000 0.152
202603 0.260 112.700 0.260

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 €0.24 mean?
Okasan Securities Group (FRA:OKN) has a E10 of €0.24 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Okasan Securities Group and its competitors.
Is Okasan Securities Group's E10 too high?
Okasan Securities Group's current E10 is €0.24. Overall, Okasan Securities Group has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Okasan Securities Group's E10 compare to MS and GS?
Okasan Securities Group's E10 of €0.24 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 Okasan Securities Group and its competitors. Okasan Securities Group's current E10 is €0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okasan Securities Group stock overvalued right now?
Okasan Securities Group (FRA:OKN) has a current E10 of €0.24. The stock's GF Value™ is €4.81, compared to a current price of €5.45 — trading 13.3% above its estimated fair value. The current E10 is €0.24. Okasan Securities Group's overall GF Score™ is 58/100 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 Okasan Securities Group (FRA:OKN), the current E10 is €0.24 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 Okasan Securities Group (FRA:OKN) Overvalued in 2026?

Based on GuruFocus' analysis, Okasan Securities Group stock appears to be overvalued. The current stock price of €5.45 is trading 13.3% above its estimated GF Value™ of €4.81.

Key valuation signals for FRA:OKN:

  • E10: €0.24
  • GF Value™: €4.81 vs. price of €5.45 (13.3% above fair value)
  • GF Score™: 58/100 with 4 warning signs

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


Okasan Securities Group Business Description

Other Exchanges 8609:Japan
Address 1-17-6, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8268
Okasan Securities Group Inc is a Japan-based holding company that conducts businesses through a network of domestic and overseas subsidiaries. The company has three business segments. The securities business, which accounts for the majority of sales, is involved in trading, brokerage, underwriting, and distribution of securities, public offering, secondary distribution of securities, and private offering of securities. The asset-management business is involved in investment management and investment advisory. The support business is engaged in information processing services, administrative support services, custodianship, and temping services. The company generates the majority of revenue from Japan.
58GF Score

Get the complete analysis for FRA:OKN

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

€5.45
Price
€4.81
GF Value