VLC Holdings Co (NGO:2467) E10: 円-25.65 (As of Mar. 2026)


NGO:2467 VLC Holdings Co Ltd NGO:2467
51 GF Score
Price 円225.00
GF Value 円141.64
Valuation Significantly Overvalued
! 5 Warning Signs
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What is VLC Holdings Co E10?

VLC Holdings Co NGO:2467 -3.43% 51 E10 is 円-25.65 as of Mar. 2026. GuruFocus rates NGO:2467 with a GF Score™ of 51/100 and a GF Value™ of 円141.64 (Significantly Overvalued). The stock has 5 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.

VLC Holdings Co's adjusted earnings per share data for the fiscal year that ended in Mar. 2026 was 円-28.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円-25.65 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -4.70% per year. During the past 5 years, the average E10 Growth Rate was -2.60% 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 VLC Holdings Co was 0.80% per year. The lowest was -25.00% per year. And the median was -4.70% per year.

As of today (2026-06-25), VLC Holdings Co's current stock price is 円 225.00. VLC Holdings Co's E10 for the fiscal year that ended in Mar. 2026 was 円-25.65. VLC Holdings Co's Shiller PE Ratio of today is .


VLC Holdings Co  (NGO:2467) 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.


Be Aware

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


VLC Holdings Co E10 Related Terms


VLC Holdings Co E10 Historical Data

* Premium members only.

The historical data trend for VLC Holdings 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.

VLC Holdings Co E10 Chart

VLC Holdings 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 -21.33 -22.35 -25.67 -21.72 -25.65

VLC Holdings Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -25.67 0.00 -21.72 0.00 -25.65

NGO:2467 vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, VLC Holdings 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.


VLC Holdings Co Shiller PE Ratio vs Software Industry

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

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


NGO:2467
51GF Score
VLC Holdings Co Ltd NGO:2467
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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VLC Holdings 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, VLC Holdings Co's adjusted earnings per share data for the fiscal year that ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-28.32/112.7000*112.7000
=-28.320

Current CPI (Mar. 2026) = 112.7000.

VLC Holdings Co Annual Data

per_share_eps CPI Adj_EPS
201703 0.900 98.100 1.034
201803 5.730 99.200 6.510
201903 -49.430 99.700 -55.875
202003 -146.440 100.300 -164.544
202103 -40.940 99.900 -46.186
202203 3.260 101.100 3.634
202303 5.490 104.400 5.926
202403 -24.530 107.200 -25.789
202503 46.460 111.100 47.129
202603 -28.320 112.700 -28.320

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-25.65 mean?
VLC Holdings Co (NGO:2467) has a E10 of 円-25.65 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on VLC Holdings Co and its competitors.
Is VLC Holdings Co's E10 too high?
VLC Holdings Co's current E10 is 円-25.65. Overall, VLC Holdings Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VLC Holdings Co's E10 compare to IBM and ACN?
VLC Holdings Co's E10 of 円-25.65 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 VLC Holdings Co and its competitors. VLC Holdings Co's current E10 is 円-25.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VLC Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, VLC Holdings Co (NGO:2467) is currently considered Significantly Overvalued. The stock's GF Value™ is 円141.64, compared to a current price of 円225.00 — trading 58.9% above its estimated fair value. The current E10 is 円-25.65. VLC Holdings Co's overall GF Score™ is 51/100 with 5 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 VLC Holdings Co (NGO:2467), the current E10 is 円-25.65 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 VLC Holdings Co (NGO:2467) Overvalued in 2026?

Based on GuruFocus' analysis, VLC Holdings Co stock appears to be overvalued. The current stock price of 円225.00 is trading 58.9% above its estimated GF Value™ of 円141.64. GuruFocus considers VLC Holdings Co to be Significantly Overvalued.

Key valuation signals for NGO:2467:

  • E10: 円-25.65
  • GF Value™: 円141.64 vs. price of 円225.00 (58.9% above fair value)
  • GF Score™: 51/100 with 5 warning signs

No single metric tells the full story. See the NGO:2467 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VLC Holdings Co Business Description

Address No. 2, No. 2, Chuo-ku Nihombashi Bashoku-cho, Asahi Mutual Life Insurance Building, Chuo-ku, Tokyo, JPN, 103-0002
VLC Holdings Co Ltd provides consultancy services. It also offers compliance management, internet marketing research and other survey services. Its consulting business includes information security, marketing research through internet and sales promotion. It provides other services related to cybersecurity products.
51GF Score

Get the complete analysis for NGO:2467

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

円225.00
Price
円141.64
GF Value