Tokyo Electric Power Co Holdings (FRA:TPO) E10: €0.11 (As of Mar. 2026)


FRA:TPO Tokyo Electric Power Co Holdings FRA:TPO
67 GF Score
Price €2.71
GF Value €3.40
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Tokyo Electric Power Co Holdings E10?

Tokyo Electric Power Co Holdings FRA:TPO +7.06% 67 E10 is €0.11 as of Mar. 2026. GuruFocus rates FRA:TPO with a GF Score™ of 67/100 and a GF Value™ of €3.40 (Modestly Undervalued). The stock has 6 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.

Tokyo Electric Power Co Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.709. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tokyo Electric Power Co Holdings's average E10 Growth Rate was -58.50% per year. During the past 3 years, the average E10 Growth Rate was -34.50% 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 Tokyo Electric Power Co Holdings was 43.50% per year. The lowest was -34.50% per year. And the median was 16.20% per year.

As of today (2026-06-26), Tokyo Electric Power Co Holdings's current stock price is €2.7085. Tokyo Electric Power Co Holdings's E10 for the quarter that ended in Mar. 2026 was €0.11. Tokyo Electric Power Co Holdings's Shiller PE Ratio of today is 24.62.

During the past 13 years, the highest Shiller PE Ratio of Tokyo Electric Power Co Holdings was 33.21. The lowest was 5.56. And the median was 11.57.


Tokyo Electric Power Co Holdings  (FRA:TPO) 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.

Tokyo Electric Power Co Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.7085/0.11
=24.62

* 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 Tokyo Electric Power Co Holdings was 33.21. The lowest was 5.56. And the median was 11.57.


Be Aware

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


Tokyo Electric Power Co Holdings E10 Related Terms


Tokyo Electric Power Co Holdings E10 Historical Data

* Premium members only.

The historical data trend for Tokyo Electric Power Co 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.

Tokyo Electric Power Co Holdings E10 Chart

Tokyo Electric Power Co 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 0.22 0.50 0.44 0.30 0.11

Tokyo Electric Power Co 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 0.30 -0.06 -0.03 -0.04 0.11

Tokyo Electric Power Co Holdings E10 Competitor Comparison

For the Utilities - Renewable subindustry, Tokyo Electric Power Co 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.


Tokyo Electric Power Co Holdings Shiller PE Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tokyo Electric Power Co Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tokyo Electric Power Co Holdings's Shiller PE Ratio falls into.


FRA:TPO
67GF Score
Tokyo Electric Power Co Holdings FRA:TPO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Electric Power Co 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, Tokyo Electric Power Co 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)
=0.709/112.7000*112.7000
=0.709

Current CPI (Mar. 2026) = 112.7000.

Tokyo Electric Power Co Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.002 98.100 0.002
201609 0.508 98.000 0.584
201612 1.092 98.400 1.251
201703 -0.907 98.100 -1.042
201706 0.240 98.500 0.275
201709 0.299 98.800 0.341
201712 0.067 99.400 0.076
201803 0.441 99.200 0.501
201806 0.026 99.200 0.030
201809 0.349 99.900 0.394
201812 0.053 99.700 0.060
201903 0.655 99.700 0.740
201906 0.467 99.800 0.527
201909 0.733 100.100 0.825
201912 0.073 100.500 0.082
202003 -2.015 100.300 -2.264
202006 0.050 99.900 0.056
202009 0.596 99.900 0.672
202012 -0.090 99.300 -0.102
202103 0.243 99.900 0.274
202106 -0.014 99.500 -0.016
202109 0.442 100.100 0.498
202112 -0.383 100.100 -0.431
202203 -0.033 101.100 -0.037
202206 -0.212 101.800 -0.235
202209 -0.607 103.100 -0.664
202212 -2.114 104.100 -2.289
202303 2.384 104.400 2.574
202306 0.180 105.200 0.193
202309 0.849 106.200 0.901
202312 0.002 106.800 0.002
202403 -0.320 107.200 -0.336
202406 0.094 108.200 0.098
202409 0.141 108.900 0.146
202412 0.067 110.700 0.068
202503 -0.103 111.100 -0.104
202506 -3.213 111.700 -3.242
202509 0.523 112.000 0.526
202512 0.170 113.000 0.170
202603 0.709 112.700 0.709

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 €0.11 mean?
Tokyo Electric Power Co Holdings (FRA:TPO) has a E10 of €0.11 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tokyo Electric Power Co Holdings and its competitors.
Is Tokyo Electric Power Co Holdings' E10 too high?
Tokyo Electric Power Co Holdings' current E10 is €0.11. Overall, Tokyo Electric Power Co Holdings has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Electric Power Co Holdings' E10 compare to competitors?
Tokyo Electric Power Co Holdings' E10 of €0.11 can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good E10 depends on the Utilities - Independent Power Producers 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 Tokyo Electric Power Co Holdings and its competitors. Tokyo Electric Power Co Holdings's current E10 is €0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Electric Power Co Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Electric Power Co Holdings (FRA:TPO) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.40, compared to a current price of €2.71 — trading 20.3% below its estimated fair value. The current E10 is €0.11. Tokyo Electric Power Co Holdings' overall GF Score™ is 67/100 with 6 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 Tokyo Electric Power Co Holdings (FRA:TPO), the current E10 is €0.11 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 Tokyo Electric Power Co Holdings (FRA:TPO) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Electric Power Co Holdings stock appears to be undervalued. The current stock price of €2.71 is trading 20.3% below its estimated GF Value™ of €3.40. GuruFocus considers Tokyo Electric Power Co Holdings to be Modestly Undervalued.

Key valuation signals for FRA:TPO:

  • E10: €0.11
  • GF Value™: €3.40 vs. price of €2.71 (20.3% below fair value)
  • GF Score™: 67/100 with 6 warning signs

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


Tokyo Electric Power Co Holdings Business Description

Address 1-1-3 Uchisaiwaicho, Chiyoda-ku, Tokyo, JPN, 100-8560
Tokyo Electric Power Co Holdings is a Japan-based company engaged in the generation and distribution of electric power. The company operates through five segments. The Energy Partner segment provides optimal total solutions, customer services, and low-cost power procurement. The Fuel & Power segment focuses on thermal power generation, fuel procurement, and related investments. The Holdings segment provides management support, shared services, and oversees nuclear power operations. The Power Grid segment handles electricity transmission, transformation, distribution, and related facility construction and maintenance. The Renewable Power segment generates and sells renewable energy, manages facilities, and develops new renewable projects in Japan and overseas.
67GF Score

Get the complete analysis for FRA:TPO

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

€2.71
Price
€3.40
GF Value