NCBDF (BANDAI NAMCO Holdings) E10: $0.90 (As of Mar. 2026)


NCBDF BANDAI NAMCO Holdings Inc NCBDF
93 GF Score
Price $22.50
GF Value $28.82
Valuation Modestly Undervalued
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What is BANDAI NAMCO Holdings E10?

BANDAI NAMCO Holdings NCBDF 93 E10 is $0.90 as of Mar. 2026. GuruFocus rates NCBDF with a GF Score™ of 93/100 and a GF Value™ of $28.82 (Modestly Undervalued).

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.

BANDAI NAMCO Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.251. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.90 for the trailing ten years ended in Mar. 2026.

During the past 12 months, BANDAI NAMCO Holdings's average E10 Growth Rate was 14.80% per year. During the past 3 years, the average E10 Growth Rate was 15.90% per year. During the past 5 years, the average E10 Growth Rate was 16.00% 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 BANDAI NAMCO Holdings was 20.10% per year. The lowest was 15.00% per year. And the median was 16.00% per year.

As of today (2026-06-25), BANDAI NAMCO Holdings's current stock price is $22.50. BANDAI NAMCO Holdings's E10 for the quarter that ended in Mar. 2026 was $0.90. BANDAI NAMCO Holdings's Shiller PE Ratio of today is 25.00.

During the past 13 years, the highest Shiller PE Ratio of BANDAI NAMCO Holdings was 51.46. The lowest was 26.47. And the median was 37.30.


BANDAI NAMCO Holdings  (OTCPK:NCBDF) 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.

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

Shiller PE Ratio=Share Price/E10
=22.50/0.90
=25.00

* 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 BANDAI NAMCO Holdings was 51.46. The lowest was 26.47. And the median was 37.30.


Be Aware

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


BANDAI NAMCO Holdings E10 Related Terms


BANDAI NAMCO Holdings E10 Historical Data

* Premium members only.

The historical data trend for BANDAI NAMCO 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.

BANDAI NAMCO Holdings E10 Chart

BANDAI NAMCO 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 0.63 0.61 0.68 0.82 0.90

BANDAI NAMCO 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 0.82 0.76 0.88 0.88 0.90

NCBDF vs AS, HAS, LTH: E10 Comparison

For the Leisure subindustry, BANDAI NAMCO 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.


BANDAI NAMCO Holdings Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, BANDAI NAMCO Holdings's Shiller PE Ratio distribution charts can be found below:

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


NCBDF
93GF Score
BANDAI NAMCO Holdings Inc NCBDF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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BANDAI NAMCO 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, BANDAI NAMCO 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)
=0.251/112.7000*112.7000
=0.251

Current CPI (Mar. 2026) = 112.7000.

BANDAI NAMCO Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.266 98.100 0.306
201609 0.174 98.000 0.200
201612 0.214 98.400 0.245
201703 -0.031 98.100 -0.036
201706 0.185 98.500 0.212
201709 0.201 98.800 0.229
201712 0.170 99.400 0.193
201803 0.189 99.200 0.215
201806 0.202 99.200 0.229
201809 0.265 99.900 0.299
201812 0.261 99.700 0.295
201903 0.135 99.700 0.153
201906 0.238 99.800 0.269
201909 0.249 100.100 0.280
201912 0.254 100.500 0.285
202003 0.067 100.300 0.075
202006 0.186 99.900 0.210
202009 0.266 99.900 0.300
202012 0.277 99.300 0.314
202103 -0.024 99.900 -0.027
202106 0.288 99.500 0.326
202109 0.256 100.100 0.288
202112 0.296 100.100 0.333
202203 0.397 101.100 0.443
202206 0.419 101.800 0.464
202209 0.312 103.100 0.341
202212 0.201 104.100 0.218
202303 0.067 104.400 0.072
202306 0.234 105.200 0.251
202309 0.311 106.200 0.330
202312 0.087 106.800 0.092
202403 0.416 107.200 0.437
202406 0.330 108.200 0.344
202409 0.499 108.900 0.516
202412 0.477 110.700 0.486
202503 0.008 111.100 0.008
202506 0.410 111.700 0.414
202509 0.424 112.000 0.427
202512 0.358 113.000 0.357
202603 0.251 112.700 0.251

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 $0.90 mean?
BANDAI NAMCO Holdings (NCBDF) has a E10 of $0.90 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BANDAI NAMCO Holdings and its competitors.
Is BANDAI NAMCO Holdings' E10 too high?
BANDAI NAMCO Holdings' current E10 is $0.90. Overall, BANDAI NAMCO Holdings has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BANDAI NAMCO Holdings' E10 compare to AS and HAS?
BANDAI NAMCO Holdings' E10 of $0.90 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 BANDAI NAMCO Holdings and its competitors. BANDAI NAMCO Holdings's current E10 is $0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BANDAI NAMCO Holdings stock overvalued right now?
Based on GuruFocus' analysis, BANDAI NAMCO Holdings (NCBDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $28.82, compared to a current price of $22.50 — trading 21.9% below its estimated fair value. The current E10 is $0.90. BANDAI NAMCO Holdings' overall GF Score™ is 93/100. 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 BANDAI NAMCO Holdings (NCBDF), the current E10 is $0.90 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 BANDAI NAMCO Holdings (NCBDF) Overvalued in 2026?

Based on GuruFocus' analysis, BANDAI NAMCO Holdings stock appears to be undervalued. The current stock price of $22.50 is trading 21.9% below its estimated GF Value™ of $28.82. GuruFocus considers BANDAI NAMCO Holdings to be Modestly Undervalued.

Key valuation signals for NCBDF:

  • E10: $0.90
  • GF Value™: $28.82 vs. price of $22.50 (21.9% below fair value)
  • GF Score™: 93/100

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


BANDAI NAMCO Holdings Business Description

Address 5-37-8 Shiba, Bandai Namco Future Research Institute, Minato-ku, Tokyo, JPN, 108-0014
Bandai Namco was established in 2005 through the merger of Bandai (established 1950), a toy manufacturer, and Namco (established 1955), a video game developer and arcade operator. Since then, Bandai Namco has emerged as one of the top entertainment companies in Japan, producing and selling games, toys, animation, and music content for a portfolio of over 400 internationally popular intellectual properties. The company's most notable franchises—Gundam, Dragon Ball, and One Piece are among the highest-grossing franchises in the world.
93GF Score

Get the complete analysis for NCBDF

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

$22.50
Price
$28.82
GF Value