Ricoh Co (LSE:RICO) E10: 円28.46 (As of Mar. 2026)


LSE:RICO Ricoh Co Ltd LSE:RICO
81 GF Score
Price 円1,456.00
GF Value 円1,566.28
Valuation Fairly Valued
! 3 Warning Signs
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What is Ricoh Co E10?

Ricoh Co LSE:RICO 81 E10 is 円28.46 as of Mar. 2026. GuruFocus rates LSE:RICO with a GF Score™ of 81/100 and a GF Value™ of 円1,566.28 (Fairly Valued). 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.

Ricoh Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円15.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円28.46 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ricoh Co's average E10 Growth Rate was 0.80% per year. During the past 3 years, the average E10 Growth Rate was -4.90% per year. During the past 5 years, the average E10 Growth Rate was 6.40% per year. During the past 10 years, the average E10 Growth Rate was -6.80% 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 Ricoh Co was 19.20% per year. The lowest was -33.60% per year. And the median was -8.40% per year.

As of today (2026-06-25), Ricoh Co's current stock price is 円1456.00. Ricoh Co's E10 for the quarter that ended in Mar. 2026 was 円28.46. Ricoh Co's Shiller PE Ratio of today is 51.16.

During the past 13 years, the highest Shiller PE Ratio of Ricoh Co was 82.94. The lowest was 10.83. And the median was 38.68.


Ricoh Co  (LSE:RICO) 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.

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

Shiller PE Ratio=Share Price/E10
=1456.00/28.46
=51.16

* 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 Ricoh Co was 82.94. The lowest was 10.83. And the median was 38.68.


Be Aware

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


Ricoh Co E10 Related Terms


Ricoh Co E10 Historical Data

* Premium members only.

The historical data trend for Ricoh 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.

Ricoh Co E10 Chart

Ricoh Co 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 28.88 32.94 29.89 28.04 28.46

Ricoh 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 28.04 27.86 28.31 28.63 28.46

Ricoh Co E10 Competitor Comparison

For the Business Equipment & Supplies subindustry, Ricoh 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.


Ricoh Co Shiller PE Ratio vs Industrial Products Industry

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

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


LSE:RICO
81GF Score
Ricoh Co Ltd LSE:RICO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ricoh 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, Ricoh Co'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)
=15.48/112.7000*112.7000
=15.480

Current CPI (Mar. 2026) = 112.7000.

Ricoh Co Quarterly Data

per share eps CPI Adj_EPS
201606 6.580 98.100 7.559
201609 0.320 98.000 0.368
201612 -1.230 98.400 -1.409
201703 -0.870 98.100 -0.999
201706 14.890 98.500 17.037
201709 -8.650 98.800 -9.867
201712 17.669 99.400 20.033
201803 -210.668 99.200 -239.338
201806 12.810 99.200 14.553
201809 36.920 99.900 41.650
201812 20.130 99.700 22.755
201903 -1.530 99.700 -1.729
201906 21.550 99.800 24.336
201909 18.810 100.100 21.178
201912 16.860 100.500 18.907
202003 -2.650 100.300 -2.978
202006 -25.760 99.900 -29.061
202009 -4.880 99.900 -5.505
202012 -0.380 99.300 -0.431
202103 -14.180 99.900 -15.997
202106 6.770 99.500 7.668
202109 9.340 100.100 10.516
202112 18.430 100.100 20.750
202203 11.280 101.100 12.574
202206 11.980 101.800 13.263
202209 11.890 103.100 12.997
202212 20.560 104.100 22.259
202303 43.820 104.400 47.304
202306 14.430 105.200 15.459
202309 11.190 106.200 11.875
202312 24.060 106.800 25.389
202403 22.860 107.200 24.033
202406 13.020 108.200 13.561
202409 2.570 108.900 2.660
202412 31.840 110.700 32.415
202503 30.610 111.100 31.051
202506 16.940 111.700 17.092
202509 26.180 112.000 26.344
202512 39.060 113.000 38.956
202603 15.480 112.700 15.480

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28.46 mean?
Ricoh Co (LSE:RICO) has a E10 of 円28.46 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ricoh Co and its competitors.
Is Ricoh Co's E10 too high?
Ricoh Co's current E10 is 円28.46. Overall, Ricoh Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ricoh Co's E10 compare to competitors?
Ricoh Co's E10 of 円28.46 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 Ricoh Co and its competitors. Ricoh Co's current E10 is 円28.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ricoh Co stock overvalued right now?
Based on GuruFocus' analysis, Ricoh Co (LSE:RICO) is currently considered Fairly Valued. The stock's GF Value™ is 円1,566.28, compared to a current price of 円1,456.00 — trading 7% below its estimated fair value. The current E10 is 円28.46. Ricoh Co's overall GF Score™ is 81/100 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 Ricoh Co (LSE:RICO), the current E10 is 円28.46 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 Ricoh Co (LSE:RICO) Overvalued in 2026?

Based on GuruFocus' analysis, Ricoh Co stock appears to be undervalued. The current stock price of 円1,456.00 is trading 7% below its estimated GF Value™ of 円1,566.28. GuruFocus considers Ricoh Co to be Fairly Valued.

Key valuation signals for LSE:RICO:

  • E10: 円28.46
  • GF Value™: 円1,566.28 vs. price of 円1,456.00 (7% below fair value)
  • GF Score™: 81/100 with 3 warning signs

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


Ricoh Co Business Description

Address 3-6, Nakamagome 1-chome, Ohta-ku, Tokyo, JPN, 143-8555
Ricoh Co Ltd is engaged in the manufacture and sale of office automation equipment, electronic devices, and photographic instruments. Digital Products segment manufactures multifunction printers, printing machines, scanners, fax machines, network equipment, auto ID systems, electrical units, and related consumables. Digital Services segment covers sales of printers, PCs, servers, network equipment, software, support, solutions, and document-related services. Graphic Communications segment provides production printers, imaging systems, industrial printers, inkjet heads, and consumables. Industrial Solutions segment offers thermal paper, media, optical components, and precision parts. Others segment includes digital cameras, 360-degree cameras, environmental & healthcare-related businesses.
81GF Score

Get the complete analysis for LSE:RICO

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

円1,456.00
Price
円1,566.28
GF Value