Pilot (FRA:W53) E10: €0.00 (As of Dec. 2025)


FRA:W53 Pilot Corp FRA:W53
77 GF Score
Price €26.44
GF Value €25.66
! 7 Warning Signs
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What is Pilot E10?

Pilot FRA:W53 +2.18% 77 E10 is €0.00 as of Dec. 2025. GuruFocus rates FRA:W53 with a GF Score™ of 77/100 and a GF Value™ of €25.66. The stock has 7 warning signs investors should review.

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Pilot's adjusted earnings per share data for the three months ended in Dec. 2025 was €0.085. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Pilot's average E10 Growth Rate was 2.70% per year. During the past 3 years, the average E10 Growth Rate was 7.00% per year. During the past 5 years, the average E10 Growth Rate was 10.40% 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 Pilot was 13.00% per year. The lowest was 7.00% per year. And the median was 11.55% per year.

As of today (2026-06-26), Pilot's current stock price is €26.44. Pilot's E10 for the quarter that ended in Dec. 2025 was €0.00. Pilot's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Pilot was 37.34. The lowest was 10.41. And the median was 14.84.


Pilot  (FRA:W53) 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.

During the past 13 years, the highest Shiller P/E Ratio of Pilot was 37.34. The lowest was 10.41. And the median was 14.84.


Be Aware

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


Pilot E10 Related Terms


Pilot E10 Historical Data

* Premium members only.

The historical data trend for Pilot'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.

Pilot E10 Chart

Pilot 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 0.00 0.00 0.00 0.00 0.00

Pilot 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 0.00 0.00 0.00 0.00 0.00

Pilot E10 Competitor Comparison

For the Business Equipment & Supplies subindustry, Pilot'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.


Pilot Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pilot's Shiller PE Ratio distribution charts can be found below:

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


FRA:W53
77GF Score
Pilot Corp FRA:W53
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pilot 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, Pilot's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.085/113.0000*113.0000
=0.085

Current CPI (Dec. 2025) = 113.0000.

Pilot Quarterly Data

per share eps CPI Adj_EPS
201603 0.170 97.900 0.196
201606 0.271 98.100 0.312
201609 0.174 98.000 0.201
201612 0.244 98.400 0.280
201703 0.149 98.100 0.172
201706 0.348 98.500 0.399
201709 0.191 98.800 0.218
201712 0.254 99.400 0.289
201803 0.196 99.200 0.223
201806 0.363 99.200 0.413
201809 0.167 99.900 0.189
201812 0.228 99.700 0.258
201903 0.175 99.700 0.198
201906 0.291 99.800 0.329
201909 0.174 100.100 0.196
201912 0.281 100.500 0.316
202003 0.144 100.300 0.162
202006 0.214 99.900 0.242
202009 0.150 99.900 0.170
202012 0.176 99.300 0.200
202103 0.174 99.900 0.197
202106 0.285 99.500 0.324
202109 0.224 100.100 0.253
202112 0.243 100.100 0.274
202203 0.218 101.100 0.244
202206 0.364 101.800 0.404
202209 0.187 103.100 0.205
202212 0.187 104.100 0.203
202303 0.214 104.400 0.232
202306 0.343 105.200 0.368
202309 0.115 106.200 0.122
202312 0.090 106.800 0.095
202403 0.140 107.200 0.148
202406 0.310 108.200 0.324
202409 0.159 108.900 0.165
202412 0.178 110.700 0.182
202503 0.100 111.100 0.102
202506 0.302 111.700 0.306
202509 0.137 112.000 0.138
202512 0.085 113.000 0.085

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 €0.00 mean?
Pilot (FRA:W53) has a E10 of €0.00 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Pilot and its competitors.
Is Pilot's E10 too high?
Pilot's current E10 is €0.00. Overall, Pilot has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Pilot's E10 compare to competitors?
Pilot's E10 of €0.00 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Pilot and its competitors. Pilot's current E10 is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pilot stock overvalued right now?
Pilot (FRA:W53) has a current E10 of €0.00. The stock's GF Value™ is €25.66, compared to a current price of €26.44 — trading 3% above its estimated fair value. The current E10 is €0.00. Pilot's overall GF Score™ is 77/100 with 7 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 Pilot (FRA:W53), the current E10 is €0.00 as of Dec. 2025. 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 Pilot (FRA:W53) Overvalued in 2026?

Based on GuruFocus' analysis, Pilot stock appears to be overvalued. The current stock price of €26.44 is trading 3% above its estimated GF Value™ of €25.66.

Key valuation signals for FRA:W53:

  • E10: €0.00
  • GF Value™: €25.66 vs. price of €26.44 (3% above fair value)
  • GF Score™: 77/100 with 7 warning signs

No single metric tells the full story. See the FRA:W53 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pilot Business Description

Other Exchanges POGHF:USA7846:Japan
Address 2-6-21 Kyobashi, Chuo-ku, Tokyo, JPN, 104-8304
Pilot Corp is a Japanese company that manufactures, purchases, and distributes stationery items, including writing instruments, other stationery products, and toys, and relevant services. The company operates through four segments: Japan, the Americas, Europe, and Asia. The Japan segment distributes products through direct sales to retail stores in Japan, and this segment contributes a majority proportion of total group revenue. The Americas segment is mainly engaged in the manufacture and sales of ball pens in the United States, Mexico, and Brazil. The Europe segment operates in Sweden, the United Kingdom, Germany, France, and others. The Asia segment provides writing materials in Taiwan, mainland China, Hong Kong, Indonesia, Malaysia, and Singapore.
77GF Score

Get the complete analysis for FRA:W53

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

€26.44
Price
€25.66
GF Value