Otsuka (FRA:OTK) E10: €0.66 (As of Mar. 2026)


FRA:OTK Otsuka Corp FRA:OTK
81 GF Score
Price €14.80
GF Value €22.14
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Otsuka E10?

Otsuka FRA:OTK +0.68% 81 E10 is €0.66 as of Mar. 2026. GuruFocus rates FRA:OTK with a GF Score™ of 81/100 and a GF Value™ of €22.14 (Significantly Undervalued). The stock has 2 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.

Otsuka's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.66 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Otsuka's average E10 Growth Rate was 10.50% per year. During the past 3 years, the average E10 Growth Rate was 10.80% per year. During the past 5 years, the average E10 Growth Rate was 10.90% 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 Otsuka was 12.50% per year. The lowest was 10.70% per year. And the median was 10.90% per year.

As of today (2026-06-27), Otsuka's current stock price is €14.80. Otsuka's E10 for the quarter that ended in Mar. 2026 was €0.66. Otsuka's Shiller PE Ratio of today is 22.42.

During the past 13 years, the highest Shiller PE Ratio of Otsuka was 51.33. The lowest was 22.44. And the median was 33.09.


Otsuka  (FRA:OTK) 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.

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

Shiller PE Ratio=Share Price/E10
=14.80/0.66
=22.42

* 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 Otsuka was 51.33. The lowest was 22.44. And the median was 33.09.


Be Aware

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


Otsuka E10 Related Terms


Otsuka E10 Historical Data

* Premium members only.

The historical data trend for Otsuka'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.

Otsuka E10 Chart

Otsuka 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 0.60 0.62 0.61 0.65 0.65

Otsuka 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 0.68 0.67 0.67 0.65 0.66

FRA:OTK vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, Otsuka'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.


Otsuka Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Otsuka's Shiller PE Ratio distribution charts can be found below:

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


FRA:OTK
81GF Score
Otsuka Corp FRA:OTK
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Otsuka 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, Otsuka'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)
=0.24/112.7000*112.7000
=0.240

Current CPI (Mar. 2026) = 112.7000.

Otsuka Quarterly Data

per share eps CPI Adj_EPS
201606 0.211 98.100 0.242
201609 0.087 98.000 0.100
201612 0.150 98.400 0.172
201703 0.176 98.100 0.202
201706 0.222 98.500 0.254
201709 0.097 98.800 0.111
201712 0.161 99.400 0.183
201803 0.163 99.200 0.185
201806 0.220 99.200 0.250
201809 0.102 99.900 0.115
201812 0.202 99.700 0.228
201903 0.211 99.700 0.239
201906 0.291 99.800 0.329
201909 0.194 100.100 0.218
201912 0.245 100.500 0.275
202003 0.241 100.300 0.271
202006 0.216 99.900 0.244
202009 0.163 99.900 0.184
202012 0.226 99.300 0.256
202103 0.234 99.900 0.264
202106 0.242 99.500 0.274
202109 0.127 100.100 0.143
202112 0.205 100.100 0.231
202203 0.212 101.100 0.236
202206 0.230 101.800 0.255
202209 0.128 103.100 0.140
202212 0.190 104.100 0.206
202303 0.214 104.400 0.231
202306 0.238 105.200 0.255
202309 0.129 106.200 0.137
202312 0.240 106.800 0.253
202403 0.189 107.200 0.199
202406 0.237 108.200 0.247
202409 0.161 108.900 0.167
202412 0.276 110.700 0.281
202503 0.237 111.100 0.240
202506 0.311 111.700 0.314
202509 0.188 112.000 0.189
202512 0.254 113.000 0.253
202603 0.240 112.700 0.240

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 €0.66 mean?
Otsuka (FRA:OTK) has a E10 of €0.66 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Otsuka and its competitors.
Is Otsuka's E10 too high?
Otsuka's current E10 is €0.66. Overall, Otsuka has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Otsuka's E10 compare to IBM and ACN?
Otsuka's E10 of €0.66 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Otsuka and its competitors. Otsuka's current E10 is €0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Otsuka stock overvalued right now?
Based on GuruFocus' analysis, Otsuka (FRA:OTK) is currently considered Significantly Undervalued. The stock's GF Value™ is €22.14, compared to a current price of €14.80 — trading 33.2% below its estimated fair value. The current E10 is €0.66. Otsuka's overall GF Score™ is 81/100 with 2 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 Otsuka (FRA:OTK), the current E10 is €0.66 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 Otsuka (FRA:OTK) Overvalued in 2026?

Based on GuruFocus' analysis, Otsuka stock appears to be undervalued. The current stock price of €14.80 is trading 33.2% below its estimated GF Value™ of €22.14. GuruFocus considers Otsuka to be Significantly Undervalued.

Key valuation signals for FRA:OTK:

  • E10: €0.66
  • GF Value™: €22.14 vs. price of €14.80 (33.2% below fair value)
  • GF Score™: 81/100 with 2 warning signs

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


Otsuka Business Description

Other Exchanges 4768:JapanOTK:Germany
Address 2-18-4 Iidabashi, Chiyoda-ku, Tokyo, JPN, 102-8573
Otsuka is Japan's leading one-stop provider of IT solutions and office supplies, primarily targeting small and midsize enterprises. The System Integration business sells and integrates everything from PCs and servers to the proprietary "Smile" ERP system. This is complemented by the Service & Support business, featuring the "Tanomail" office-supply mail-order service and "Tayoreru" maintenance contracts. Operating through a dense nationwide network, Otsuka functions as the outsourced IT department for companies that lack one, providing a single, trusted point of contact for all technology and office needs.
81GF Score

Get the complete analysis for FRA:OTK

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

€14.80
Price
€22.14
GF Value