Toshiba Tec (FRA:TEC) E10: €0.31 (As of Mar. 2026)


FRA:TEC Toshiba Tec Corp FRA:TEC
53 GF Score
Price €7.55
GF Value €8.53
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Toshiba Tec E10?

Toshiba Tec FRA:TEC 53 E10 is €0.31 as of Mar. 2026. GuruFocus rates FRA:TEC with a GF Score™ of 53/100 and a GF Value™ of €8.53 (Modestly Undervalued). 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.

Toshiba Tec's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.336. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.31 for the trailing ten years ended in Mar. 2026.

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 Toshiba Tec was 8.20% per year. The lowest was -23.60% per year. And the median was -7.60% per year.

As of today (2026-07-11), Toshiba Tec's current stock price is €7.55. Toshiba Tec's E10 for the quarter that ended in Mar. 2026 was €0.31. Toshiba Tec's Shiller PE Ratio of today is 24.35.

During the past 13 years, the highest Shiller PE Ratio of Toshiba Tec was 70.22. The lowest was 22.08. And the median was 51.68.


Toshiba Tec  (FRA:TEC) 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.

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

Shiller PE Ratio=Share Price/E10
=7.55/0.31
=24.35

* 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 Toshiba Tec was 70.22. The lowest was 22.08. And the median was 51.68.


Be Aware

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


Toshiba Tec E10 Related Terms


Toshiba Tec E10 Historical Data

* Premium members only.

The historical data trend for Toshiba Tec'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.

Toshiba Tec E10 Chart

Toshiba Tec 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 0.00 0.00 0.00 -0.26 0.31

Toshiba Tec 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 -0.26 -0.25 0.12 0.15 0.31

FRA:TEC vs SNDK, DELL, STX: E10 Comparison

For the Computer Hardware subindustry, Toshiba Tec'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.


Toshiba Tec Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Toshiba Tec's Shiller PE Ratio distribution charts can be found below:

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


FRA:TEC
53GF Score
Toshiba Tec Corp FRA:TEC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toshiba Tec 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, Toshiba Tec'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)
=0.336/112.7000*112.7000
=0.336

Current CPI (Mar. 2026) = 112.7000.

Toshiba Tec Quarterly Data

per share eps CPI Adj_EPS
201606 0.023 98.100 0.026
201609 0.319 98.000 0.367
201612 0.049 98.400 0.056
201703 0.210 98.100 0.241
201706 0.106 98.500 0.121
201709 0.254 98.800 0.290
201712 0.450 99.400 0.510
201803 0.399 99.200 0.453
201806 0.114 99.200 0.130
201809 0.187 99.900 0.211
201812 0.346 99.700 0.391
201903 0.148 99.700 0.167
201906 0.313 99.800 0.353
201909 0.283 100.100 0.319
201912 0.189 100.500 0.212
202003 -0.511 100.300 -0.574
202006 -0.329 99.900 -0.371
202009 -0.189 99.900 -0.213
202012 0.259 99.300 0.294
202103 0.737 99.900 0.831
202106 0.184 99.500 0.208
202109 -0.016 100.100 -0.018
202112 0.263 100.100 0.296
202203 -0.057 101.100 -0.064
202206 -0.138 101.800 -0.153
202209 -0.268 103.100 -0.293
202212 0.276 104.100 0.299
202303 -0.741 104.400 -0.800
202306 0.002 105.200 0.002
202309 0.122 106.200 0.129
202312 -1.016 106.800 -1.072
202403 0.448 107.200 0.471
202406 0.191 108.200 0.199
202409 1.379 108.900 1.427
202412 0.034 110.700 0.035
202503 0.161 111.100 0.163
202506 -0.283 111.700 -0.286
202509 -0.266 112.000 -0.268
202512 0.056 113.000 0.056
202603 0.336 112.700 0.336

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 €0.31 mean?
Toshiba Tec (FRA:TEC) has a E10 of €0.31 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Toshiba Tec and its competitors.
Is Toshiba Tec's E10 too high?
Toshiba Tec's current E10 is €0.31. Overall, Toshiba Tec has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toshiba Tec's E10 compare to SNDK and DELL?
Toshiba Tec's E10 of €0.31 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Toshiba Tec and its competitors. Toshiba Tec's current E10 is €0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toshiba Tec stock overvalued right now?
Based on GuruFocus' analysis, Toshiba Tec (FRA:TEC) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.53, compared to a current price of €7.55 — trading 11.5% below its estimated fair value. The current E10 is €0.31. Toshiba Tec's overall GF Score™ is 53/100 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 Toshiba Tec (FRA:TEC), the current E10 is €0.31 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 Toshiba Tec (FRA:TEC) Overvalued in 2026?

Based on GuruFocus' analysis, Toshiba Tec stock appears to be undervalued. The current stock price of €7.55 is trading 11.5% below its estimated GF Value™ of €8.53. GuruFocus considers Toshiba Tec to be Modestly Undervalued.

Key valuation signals for FRA:TEC:

  • E10: €0.31
  • GF Value™: €8.53 vs. price of €7.55 (11.5% below fair value)
  • GF Score™: 53/100 with 4 warning signs

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


Toshiba Tec Business Description

Address 1-11-1, Osaki, Shinagawa-ku, Gate City Ohsaki West Tower, Tokyo, JPN, 141-8562
Toshiba Tec Corp is a Japan-based company that designs, manufactures, and distributes office equipment and machinery. Its product lineup is organized in four segments--retail solutions, which includes point-of-sale systems, self-checkout machines, kiosks and displays; printing solutions, which includes desktop, mobile, barcode, and multifunction printers; inkjet solutions, which includes high resolution inkjet printers; and original design manufacturer solutions, which include print heads, power supplies, barcodes, knives, cutters, display units, and other modules. The firm has operations in the Americas, Europe, Middle East and Africa, and Asia-Pacific regions.
53GF Score

Get the complete analysis for FRA:TEC

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

€7.55
Price
€8.53
GF Value