Toho Co (FRA:TOH) E10: €0.23 (As of Feb. 2026)


FRA:TOH Toho Co Ltd FRA:TOH
96 GF Score
Price €6.80
GF Value €8.61
Valuation Modestly Undervalued
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What is Toho Co E10?

Toho Co FRA:TOH -2.16% 96 E10 is €0.23 as of Feb. 2026. GuruFocus rates FRA:TOH with a GF Score™ of 96/100 and a GF Value™ of €8.61 (Modestly Undervalued).

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.

Toho Co's adjusted earnings per share data for the three months ended in Feb. 2026 was €0.034. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.23 for the trailing ten years ended in Feb. 2026.

During the past 12 months, Toho Co's average E10 Growth Rate was 8.60% per year. During the past 3 years, the average E10 Growth Rate was 10.40% per year. During the past 5 years, the average E10 Growth Rate was 10.30% 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 Toho Co was 10.80% per year. The lowest was 6.50% per year. And the median was 9.20% per year.

As of today (2026-06-27), Toho Co's current stock price is €6.80. Toho Co's E10 for the quarter that ended in Feb. 2026 was €0.23. Toho Co's Shiller PE Ratio of today is 29.57.

During the past 13 years, the highest Shiller PE Ratio of Toho Co was 48.67. The lowest was 23.42. And the median was 33.11.


Toho Co  (FRA:TOH) 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.

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

Shiller PE Ratio=Share Price/E10
=6.80/0.23
=29.57

* 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 Toho Co was 48.67. The lowest was 23.42. And the median was 33.11.


Be Aware

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


Toho Co E10 Related Terms


Toho Co E10 Historical Data

* Premium members only.

The historical data trend for Toho 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.

Toho Co E10 Chart

Toho Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.22 0.22 0.25 0.23

Toho Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.25 0.25 0.24 0.24 0.23

FRA:TOH vs NFLX, DIS, WBD: E10 Comparison

For the Entertainment subindustry, Toho 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.


Toho Co Shiller PE Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Toho Co's Shiller PE Ratio distribution charts can be found below:

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


FRA:TOH
96GF Score
Toho Co Ltd FRA:TOH
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toho 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, Toho Co's adjusted earnings per share data for the three months ended in Feb. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.034/112.2000*112.2000
=0.034

Current CPI (Feb. 2026) = 112.2000.

Toho Co Quarterly Data

per share eps CPI Adj_EPS
201605 0.077 98.200 0.088
201608 0.076 97.900 0.087
201611 0.108 98.600 0.123
201702 0.047 98.100 0.054
201705 0.109 98.600 0.124
201708 0.091 98.500 0.104
201711 0.045 99.100 0.051
201802 0.044 99.500 0.050
201805 0.069 99.300 0.078
201808 0.076 99.800 0.085
201811 0.060 100.000 0.067
201902 0.057 99.700 0.064
201905 0.100 100.000 0.112
201908 0.112 100.000 0.126
201911 0.061 100.500 0.068
202002 0.066 100.300 0.074
202005 0.002 100.100 0.002
202008 0.032 100.100 0.036
202011 0.068 99.500 0.077
202102 0.030 99.800 0.034
202105 0.057 99.400 0.064
202108 0.074 99.700 0.083
202111 0.044 100.100 0.049
202202 0.081 100.700 0.090
202205 0.096 101.800 0.106
202208 0.083 102.700 0.091
202211 0.044 103.900 0.048
202302 0.051 104.000 0.055
202305 0.095 105.100 0.101
202308 0.069 105.900 0.073
202311 0.047 106.900 0.049
202402 0.120 106.900 0.126
202405 0.112 108.100 0.116
202408 0.076 109.100 0.078
202411 0.055 110.000 0.056
202502 0.069 110.800 0.070
202505 0.084 111.800 0.084
202508 0.150 112.100 0.150
202511 0.086 113.200 0.085
202602 0.034 112.200 0.034

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 €0.23 mean?
Toho Co (FRA:TOH) has a E10 of €0.23 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Toho Co and its competitors.
Is Toho Co's E10 too high?
Toho Co's current E10 is €0.23. Overall, Toho Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toho Co's E10 compare to NFLX and DIS?
Toho Co's E10 of €0.23 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good E10 depends on the Media - Diversified 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 Toho Co and its competitors. Toho Co's current E10 is €0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toho Co stock overvalued right now?
Based on GuruFocus' analysis, Toho Co (FRA:TOH) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.61, compared to a current price of €6.80 — trading 21% below its estimated fair value. The current E10 is €0.23. Toho Co's overall GF Score™ is 96/100. 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 Toho Co (FRA:TOH), the current E10 is €0.23 as of Feb. 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 Toho Co (FRA:TOH) Overvalued in 2026?

Based on GuruFocus' analysis, Toho Co stock appears to be undervalued. The current stock price of €6.80 is trading 21% below its estimated GF Value™ of €8.61. GuruFocus considers Toho Co to be Modestly Undervalued.

Key valuation signals for FRA:TOH:

  • E10: €0.23
  • GF Value™: €8.61 vs. price of €6.80 (21% below fair value)
  • GF Score™: 96/100

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


Toho Co Business Description

Address 1-2-2 Yurakucho, Chiyoda-ku, Tokyo, JPN, 100-8415
Toho Co Ltd is a diversified media company with interests in the film and theater businesses. The company operates through three primary business segments: movie, theater, and real estate. The movie segment generates the vast majority of its revenue and is involved in the production and distribution of feature films. The theater segment is involved in planning, producing, and performing stage productions. The corporate real estate segment leases land and buildings. The company generates the vast majority of its revenue in Japan.
96GF Score

Get the complete analysis for FRA:TOH

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

€6.80
Price
€8.61
GF Value