Canon (NEOE:CANO) E10: C$0.44 (As of Mar. 2026)

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NEOE:CANO Canon Inc NEOE:CANO
67 GF Score
Price C$8.80
GF Value C$9.52
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Canon E10?

Canon NEOE:CANO +2.44% 67 E10 is C$0.44 as of Mar. 2026. GuruFocus rates NEOE:CANO with a GF Score™ of 67/100 and a GF Value™ of C$9.52 (Fairly Valued). The stock has 2 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.

Canon's adjusted earnings per share data for the three months ended in Mar. 2026 was C$0.477. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$0.44 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Canon's average E10 Growth Rate was 7.20% per year. During the past 3 years, the average E10 Growth Rate was 4.20% per year. During the past 5 years, the average E10 Growth Rate was 3.60% per year. During the past 10 years, the average E10 Growth Rate was -0.80% 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 Canon was 23.60% per year. The lowest was -7.70% per year. And the median was 3.50% per year.

As of today (2026-07-20), Canon's current stock price is C$8.80. Canon's E10 for the quarter that ended in Mar. 2026 was C$0.44. Canon's Shiller PE Ratio of today is 20.00.

During the past 13 years, the highest Shiller PE Ratio of Canon was 25.39. The lowest was 8.80. And the median was 16.95.


Canon  (NEOE:CANO) 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.

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

Shiller PE Ratio=Share Price/E10
=8.80/0.44
=20.00

* 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 Canon was 25.39. The lowest was 8.80. And the median was 16.95.


Be Aware

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


Canon E10 Related Terms


Canon E10 Historical Data

* Premium members only.

The historical data trend for Canon'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.

Canon E10 Chart

Canon 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 0.00 0.00 0.00 0.00 0.45

Canon 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 0.00 0.43 0.43 0.45 0.44

NEOE:CANO vs SNDK, DELL, STX: E10 Comparison

For the Computer Hardware subindustry, Canon'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.


Canon Shiller PE Ratio vs Hardware Industry

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

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


NEOE:CANO
67GF Score
Canon Inc NEOE:CANO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canon 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, Canon'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)
=0.477/112.7000*112.7000
=0.477

Current CPI (Mar. 2026) = 112.7000.

Canon Quarterly Data

per share eps CPI Adj_EPS
201606 0.599 98.100 0.688
201609 0.288 98.000 0.331
201612 0.472 98.400 0.541
201703 0.598 98.100 0.687
201706 0.762 98.500 0.872
201709 0.647 98.800 0.738
201712 0.572 99.400 0.649
201803 0.645 99.200 0.733
201806 0.858 99.200 0.975
201809 0.498 99.900 0.562
201812 0.795 99.700 0.899
201903 0.349 99.700 0.395
201906 0.396 99.800 0.447
201909 0.307 100.100 0.346
201912 0.372 100.500 0.417
202003 0.268 100.300 0.301
202006 -0.106 99.900 -0.120
202009 0.200 99.900 0.226
202012 0.632 99.300 0.717
202103 0.491 99.900 0.554
202106 0.649 99.500 0.735
202109 0.542 100.100 0.610
202112 0.643 100.100 0.724
202203 0.469 101.100 0.523
202206 0.543 101.800 0.601
202209 0.492 103.100 0.538
202212 0.841 104.100 0.910
202303 0.568 104.400 0.613
202306 0.609 105.200 0.652
202309 0.573 106.200 0.608
202312 0.760 106.800 0.802
202403 0.548 107.200 0.576
202406 0.797 108.200 0.830
202409 0.681 108.900 0.705
202412 -0.546 110.700 -0.556
202503 0.744 111.100 0.755
202506 0.869 111.700 0.877
202509 0.678 112.000 0.682
202512 1.112 113.000 1.109
202603 0.477 112.700 0.477

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 C$0.44 mean?
Canon (NEOE:CANO) has a E10 of C$0.44 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Canon and its competitors.
Is Canon's E10 too high?
Canon's current E10 is C$0.44. Overall, Canon has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canon's E10 compare to SNDK and DELL?
Canon's E10 of C$0.44 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 Canon and its competitors. Canon's current E10 is C$0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canon stock overvalued right now?
Based on GuruFocus' analysis, Canon (NEOE:CANO) is currently considered Fairly Valued. The stock's GF Value™ is C$9.52, compared to a current price of C$8.80 — trading 7.6% below its estimated fair value. The current E10 is C$0.44. Canon's overall GF Score™ is 67/100 with 2 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 Canon (NEOE:CANO), the current E10 is C$0.44 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 Canon (NEOE:CANO) Overvalued in 2026?

Based on GuruFocus' analysis, Canon stock appears to be undervalued. The current stock price of C$8.80 is trading 7.6% below its estimated GF Value™ of C$9.52. GuruFocus considers Canon to be Fairly Valued.

Key valuation signals for NEOE:CANO:

  • E10: C$0.44
  • GF Value™: C$9.52 vs. price of C$8.80 (7.6% below fair value)
  • GF Score™: 67/100 with 2 warning signs

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


Canon Business Description

Address 30-2, Shimomaruko 3-Chome, Ota-ku, Tokyo, JPN, 146-8501
Canon Inc designs, manufactures, and distributes an extensive range of consumer and electronic products, including copiers, cameras, lenses, and inkjet printers. The company operates five business segments: printing, imaging, medical, industrial, and others. It generates maximum revenue from the printing segment. Printing Business Unit includes Office multifunction devices (MFDs), Document solutions, Laser multifunction printers (MFPs), Laser printers, Inkjet printers, Image scanners, Calculators, Digital continuous feed presses, Digital sheet-fed presses, and Large format printers.
67GF Score

Get the complete analysis for NEOE:CANO

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

C$8.80
Price
C$9.52
GF Value