Marutongyo Co (FSE:7894) E10: 円395.72 (As of Feb. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FSE:7894 Maruto Sangyo Co Ltd FSE:7894
58 GF Score
Price 円2,174.00
GF Value 円2,049.59
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Marutongyo Co E10?

Marutongyo Co FSE:7894 58 E10 is 円395.72 as of Feb. 2026. GuruFocus rates FSE:7894 with a GF Score™ of 58/100 and a GF Value™ of 円2,049.59 (Fairly Valued). The stock has 5 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.

Marutongyo Co's adjusted earnings per share data for the three months ended in Feb. 2026 was 円199.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円395.72 for the trailing ten years ended in Feb. 2026.

During the past 3 years, the average E10 Growth Rate was 6.00% 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 Marutongyo Co was 6.00% per year. The lowest was 6.00% per year. And the median was 6.00% per year.

As of today (2026-08-23), Marutongyo Co's current stock price is 円2174.00. Marutongyo Co's E10 for the quarter that ended in Feb. 2026 was 円395.72. Marutongyo Co's Shiller PE Ratio of today is 5.49.

During the past 13 years, the highest Shiller PE Ratio of Marutongyo Co was 6.02. The lowest was 4.71. And the median was 5.52.


Marutongyo Co  (FSE:7894) 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.

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

Shiller PE Ratio=Share Price/E10
=2174.00/395.72
=5.49

* 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 Marutongyo Co was 6.02. The lowest was 4.71. And the median was 5.52.


Be Aware

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


Marutongyo Co E10 Related Terms


Marutongyo Co E10 Historical Data

* Premium members only.

The historical data trend for Marutongyo 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.

Marutongyo Co E10 Chart

Marutongyo 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 0.00 332.65 352.10 0.00 395.72

Marutongyo Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 377.88 381.96 385.66 395.72 0.00

FSE:7894 vs SW, PKG, IP: E10 Comparison

For the Packaging & Containers subindustry, Marutongyo 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.


Marutongyo Co Shiller PE Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Marutongyo Co's Shiller PE Ratio distribution charts can be found below:

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


FSE:7894
58GF Score
Maruto Sangyo Co Ltd FSE:7894
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marutongyo 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, Marutongyo 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)
=199.03/112.2000*112.2000
=199.030

Current CPI (Feb. 2026) = 112.2000.

Marutongyo Co Quarterly Data

per share eps CPI Adj_EPS
201602 61.109 97.800 70.107
201605 97.900 98.200 111.857
201608 172.768 97.900 198.004
201611 97.961 98.600 111.473
201702 71.892 98.100 82.225
201705 157.650 98.600 179.395
201708 86.424 98.500 98.444
201711 118.780 99.100 134.481
201802 65.170 99.500 73.488
201805 131.530 99.300 148.617
201808 115.120 99.800 129.423
201811 105.868 100.000 118.784
201902 60.238 99.700 67.790
201905 62.790 100.000 70.450
201908 83.130 100.000 93.272
201911 104.626 100.500 116.806
202002 88.690 100.300 99.213
202005 117.330 100.100 131.513
202008 113.270 100.100 126.962
202011 109.190 99.500 123.127
202102 104.700 99.800 117.709
202105 84.720 99.400 95.630
202108 106.230 99.700 119.549
202111 86.380 100.100 96.822
202202 97.017 100.700 108.096
202205 73.950 101.800 81.505
202208 52.467 102.700 57.320
202211 98.739 103.900 106.627
202302 37.438 104.000 40.390
202305 103.110 105.100 110.076
202308 44.777 105.900 47.441
202311 42.570 106.900 44.681
202402 40.717 106.900 42.736
202405 63.630 108.100 66.043
202408 34.866 109.100 35.857
202502 0.000 110.800 0.000
202505 78.290 111.800 78.570
202508 65.890 112.100 65.949
202511 59.320 113.200 58.796
202602 199.030 112.200 199.030

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 円395.72 mean?
Marutongyo Co (FSE:7894) has a E10 of 円395.72 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Marutongyo Co and its competitors.
Is Marutongyo Co's E10 too high?
Marutongyo Co's current E10 is 円395.72. Overall, Marutongyo Co has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marutongyo Co's E10 compare to SW and PKG?
Marutongyo Co's E10 of 円395.72 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good E10 depends on the Packaging & Containers 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 Marutongyo Co and its competitors. Marutongyo Co's current E10 is 円395.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marutongyo Co stock overvalued right now?
Based on GuruFocus' analysis, Marutongyo Co (FSE:7894) is currently considered Fairly Valued. The stock's GF Value™ is 円2,049.59, compared to a current price of 円2,174.00 — trading 6.1% above its estimated fair value. The current E10 is 円395.72. Marutongyo Co's overall GF Score™ is 58/100 with 5 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 Marutongyo Co (FSE:7894), the current E10 is 円395.72 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 Marutongyo Co (FSE:7894) Overvalued in 2026?

Based on GuruFocus' analysis, Marutongyo Co stock appears to be overvalued. The current stock price of 円2,174.00 is trading 6.1% above its estimated GF Value™ of 円2,049.59. GuruFocus considers Marutongyo Co to be Fairly Valued.

Key valuation signals for FSE:7894:

  • E10: 円395.72
  • GF Value™: 円2,049.59 vs. price of 円2,174.00 (6.1% above fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the FSE:7894 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marutongyo Co Business Description

Address 892-1 Hikata, Fukuoka, Ogori, JPN, 838-0112
Maruto Sangyo Co Ltd produces and sells laminated films and paper products for the packaging companies in Japan. It is also engaged in photogravure printing and bag-making, photogravure cylinder making, sales of paper packaging, packing paper, and label stickers, plastic molding products, and packing materials. It also sells packaging machinery and industrial machinery, agricultural-related materials, and horticultural equipment.
58GF Score

Get the complete analysis for FSE:7894

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

円2,174.00
Price
円2,049.59
GF Value