HULCF (Hulic Co) E10: $0.67 (As of Dec. 2025)


HULCF Hulic Co Ltd HULCF
87 GF Score
Price $9.17
GF Value $13.41
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Hulic Co E10?

Hulic Co HULCF 87 E10 is $0.67 as of Dec. 2025. GuruFocus rates HULCF with a GF Score™ of 87/100 and a GF Value™ of $13.41 (Possible Value Trap). The stock has 3 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.

Hulic Co's adjusted earnings per share data for the three months ended in Dec. 2025 was $0.454. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.67 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Hulic Co's average E10 Growth Rate was 11.50% per year. During the past 3 years, the average E10 Growth Rate was 13.90% per year. During the past 5 years, the average E10 Growth Rate was 27.50% 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 Hulic Co was 48.70% per year. The lowest was 13.90% per year. And the median was 31.55% per year.

As of today (2026-06-26), Hulic Co's current stock price is $9.166. Hulic Co's E10 for the quarter that ended in Dec. 2025 was $0.67. Hulic Co's Shiller PE Ratio of today is 13.68.

During the past 13 years, the highest Shiller PE Ratio of Hulic Co was 61.61. The lowest was 13.85. And the median was 16.96.


Hulic Co  (OTCPK:HULCF) 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.

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

Shiller PE Ratio=Share Price/E10
=9.166/0.67
=13.68

* 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 Hulic Co was 61.61. The lowest was 13.85. And the median was 16.96.


Be Aware

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


Hulic Co E10 Related Terms


Hulic Co E10 Historical Data

* Premium members only.

The historical data trend for Hulic 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.

Hulic Co E10 Chart

Hulic Co 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 0.57 0.53 0.58 0.62 0.67

Hulic Co 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 0.66 0.76 0.68 0.67 0.00

HULCF vs CBRE, BEKE: E10 Comparison

For the Real Estate Services subindustry, Hulic 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.


Hulic Co Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hulic Co's Shiller PE Ratio distribution charts can be found below:

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


HULCF
87GF Score
Hulic Co Ltd HULCF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hulic 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, Hulic Co'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)
=0.454/113.0000*113.0000
=0.454

Current CPI (Dec. 2025) = 113.0000.

Hulic Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.135 97.900 0.156
201606 0.111 98.100 0.128
201609 0.126 98.000 0.145
201612 0.115 98.400 0.132
201703 0.092 98.100 0.106
201706 0.192 98.500 0.220
201709 0.088 98.800 0.101
201712 0.203 99.400 0.231
201803 0.126 99.200 0.144
201806 0.205 99.200 0.234
201809 0.132 99.900 0.149
201812 0.218 99.700 0.247
201903 0.091 99.700 0.103
201906 0.274 99.800 0.310
201909 0.149 100.100 0.168
201912 0.301 100.500 0.338
202003 0.183 100.300 0.206
202006 0.200 99.900 0.226
202009 0.016 99.900 0.018
202012 0.504 99.300 0.574
202103 0.173 99.900 0.196
202106 0.318 99.500 0.361
202109 0.061 100.100 0.069
202112 0.335 100.100 0.378
202203 0.203 101.100 0.227
202206 0.183 101.800 0.203
202209 0.107 103.100 0.117
202212 0.297 104.100 0.322
202303 0.216 104.400 0.234
202306 0.206 105.200 0.221
202309 0.130 106.200 0.138
202312 0.328 106.800 0.347
202403 0.139 107.200 0.147
202406 0.235 108.200 0.245
202409 0.096 108.900 0.100
202412 0.408 110.700 0.416
202503 0.140 111.100 0.142
202506 0.265 111.700 0.268
202509 0.140 112.000 0.141
202512 0.454 113.000 0.454

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 $0.67 mean?
Hulic Co (HULCF) has a E10 of $0.67 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hulic Co and its competitors.
Is Hulic Co's E10 too high?
Hulic Co's current E10 is $0.67. Overall, Hulic Co has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hulic Co's E10 compare to CBRE and BEKE?
Hulic Co's E10 of $0.67 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Hulic Co and its competitors. Hulic Co's current E10 is $0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hulic Co stock overvalued right now?
Based on GuruFocus' analysis, Hulic Co (HULCF) is currently considered Possible Value Trap. The stock's GF Value™ is $13.41, compared to a current price of $9.17 — trading 31.6% below its estimated fair value. The current E10 is $0.67. Hulic Co's overall GF Score™ is 87/100 with 3 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 Hulic Co (HULCF), the current E10 is $0.67 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 Hulic Co (HULCF) Overvalued in 2026?

Based on GuruFocus' analysis, Hulic Co stock appears to be undervalued. The current stock price of $9.17 is trading 31.6% below its estimated GF Value™ of $13.41. GuruFocus considers Hulic Co to be Possible Value Trap.

Key valuation signals for HULCF:

  • E10: $0.67
  • GF Value™: $13.41 vs. price of $9.17 (31.6% below fair value)
  • GF Score™: 87/100 with 3 warning signs

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


Hulic Co Business Description

Other Exchanges 3003:Japan87W:Germany
Address 7-3 Nihonbashi Odenmacho, Chuo-ku, Tokyo, JPN, 103-0011
Hulic Co Ltd is a real estate developer with its core operations in real estate business such as development, reconstruction, and investment. The company operates a real estate leasing business based on ownership of numerous properties located in Tokyo 23 wards.
87GF Score

Get the complete analysis for HULCF

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

$9.17
Price
$13.41
GF Value