Panasonic Holdings (HAM:MAT1) E10: €0.66 (As of Mar. 2026)


HAM:MAT1 Panasonic Holdings Corp HAM:MAT1
60 GF Score
Price €24.61
GF Value €7.92
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Panasonic Holdings E10?

Panasonic Holdings HAM:MAT1 -1.38% 60 E10 is €0.66 as of Mar. 2026. GuruFocus rates HAM:MAT1 with a GF Score™ of 60/100 and a GF Value™ of €7.92 (Significantly Overvalued). The stock has 12 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.

Panasonic Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.66 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Panasonic Holdings's average E10 Growth Rate was 1.40% per year. During the past 3 years, the average E10 Growth Rate was 9.40% 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 Panasonic Holdings was 60.00% per year. The lowest was -90.80% per year. And the median was -8.20% per year.

As of today (2026-06-27), Panasonic Holdings's current stock price is €24.61. Panasonic Holdings's E10 for the quarter that ended in Mar. 2026 was €0.66. Panasonic Holdings's Shiller PE Ratio of today is 37.29.

During the past 13 years, the highest Shiller PE Ratio of Panasonic Holdings was 1105.00. The lowest was 9.60. And the median was 15.35.


Panasonic Holdings  (HAM:MAT1) 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.

Panasonic Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=24.61/0.66
=37.29

* 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 Panasonic Holdings was 1105.00. The lowest was 9.60. And the median was 15.35.


Be Aware

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


Panasonic Holdings E10 Related Terms


Panasonic Holdings E10 Historical Data

* Premium members only.

The historical data trend for Panasonic 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.

Panasonic Holdings E10 Chart

Panasonic 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 0.00 0.00 0.00 0.42 0.66

Panasonic 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 0.42 0.48 0.46 0.65 0.66

HAM:MAT1 vs AAPL: E10 Comparison

For the Consumer Electronics subindustry, Panasonic 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.


Panasonic Holdings Shiller PE Ratio vs Hardware Industry

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

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


HAM:MAT1
60GF Score
Panasonic Holdings Corp HAM:MAT1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panasonic 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, Panasonic 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)
=0.15/112.7000*112.7000
=0.150

Current CPI (Mar. 2026) = 112.7000.

Panasonic Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.106 98.100 0.122
201609 0.393 98.000 0.452
201612 0.225 98.400 0.258
201703 -0.172 98.100 -0.198
201706 0.168 98.500 0.192
201709 0.228 98.800 0.260
201712 0.260 99.400 0.295
201803 0.118 99.200 0.134
201806 0.191 99.200 0.217
201809 0.184 99.900 0.208
201812 0.202 99.700 0.228
201903 0.377 99.700 0.426
201906 0.175 99.800 0.198
201909 0.185 100.100 0.208
201912 0.273 100.500 0.306
202003 0.171 100.300 0.192
202006 -0.035 99.900 -0.039
202009 0.202 99.900 0.228
202012 0.276 99.300 0.313
202103 0.116 99.900 0.131
202106 0.247 99.500 0.280
202109 0.253 100.100 0.285
202112 0.142 100.100 0.160
202203 0.196 101.100 0.218
202206 0.148 101.800 0.164
202209 0.176 103.100 0.192
202212 0.166 104.100 0.180
202303 0.307 104.400 0.331
202306 0.562 105.200 0.602
202309 0.237 106.200 0.252
202312 0.302 106.800 0.319
202403 0.118 107.200 0.124
202406 0.178 108.200 0.185
202409 0.319 108.900 0.330
202412 0.265 110.700 0.270
202503 0.207 111.100 0.210
202506 0.184 111.700 0.186
202509 0.175 112.000 0.176
202512 -0.040 113.000 -0.040
202603 0.150 112.700 0.150

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 €0.66 mean?
Panasonic Holdings (HAM:MAT1) has a E10 of €0.66 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Panasonic Holdings and its competitors.
Is Panasonic Holdings' E10 too high?
Panasonic Holdings' current E10 is €0.66. Overall, Panasonic Holdings has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Panasonic Holdings' E10 compare to AAPL?
Panasonic Holdings' E10 of €0.66 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 Panasonic Holdings and its competitors. Panasonic Holdings's current E10 is €0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Holdings stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Holdings (HAM:MAT1) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.92, compared to a current price of €24.61 — trading 210.7% above its estimated fair value. The current E10 is €0.66. Panasonic Holdings' overall GF Score™ is 60/100 with 12 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 Panasonic Holdings (HAM:MAT1), the current E10 is €0.66 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 Panasonic Holdings (HAM:MAT1) Overvalued in 2026?

Based on GuruFocus' analysis, Panasonic Holdings stock appears to be overvalued. The current stock price of €24.61 is trading 210.7% above its estimated GF Value™ of €7.92. GuruFocus considers Panasonic Holdings to be Significantly Overvalued.

Key valuation signals for HAM:MAT1:

  • E10: €0.66
  • GF Value™: €7.92 vs. price of €24.61 (210.7% above fair value)
  • GF Score™: 60/100 with 12 warning signs

No single metric tells the full story. See the HAM:MAT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Panasonic Holdings Business Description

Address 1006 Kadoma, Osaka Prefecture, Kadoma, JPN, 571-8501
Panasonic Holdings Corp is engaged in the development, manufacture, and sale of a wide range of electronic and electrical products. The company operates through six segments. The Lifestyle segment provides home appliances such as refrigerators, air conditioners, and beauty and hair care devices. The Automotive segment offers in-vehicle infotainment systems, speaker systems, and advanced driver assistance systems. The Connect segment supplies communication systems, welding machines, and projectors. The Industry segment produces electronic components, motors, and factory automation equipment. The Energy segment develops and sells lithium-ion batteries, dry batteries, and small secondary batteries. The Others segment includes the sale of televisions, cameras, and building materials.
60GF Score

Get the complete analysis for HAM:MAT1

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

€24.61
Price
€7.92
GF Value