Espoir Co (NGO:3260) E10: 円-35.73 (As of Feb. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:3260 Espoir Co Ltd NGO:3260
46 GF Score
Price 円714.00
GF Value 円1,245.15
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Espoir Co E10?

Espoir Co NGO:3260 -2.06% 46 E10 is 円-35.73 as of Feb. 2026. GuruFocus rates NGO:3260 with a GF Score™ of 46/100 and a GF Value™ of 円1,245.15 (Possible Value Trap). The stock has 7 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.

Espoir Co's adjusted earnings per share data for the three months ended in Feb. 2026 was 円24.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円-35.73 for the trailing ten years ended in Feb. 2026.

During the past 3 years, the average E10 Growth Rate was 20.70% per year. During the past 5 years, the average E10 Growth Rate was -17.40% 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 Espoir Co was 20.70% per year. The lowest was -64.50% per year. And the median was -30.90% per year.

As of today (2026-08-09), Espoir Co's current stock price is 円714.00. Espoir Co's E10 for the quarter that ended in Feb. 2026 was 円-35.73. Espoir Co's Shiller PE Ratio of today is .


Espoir Co  (NGO:3260) 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.


Espoir Co E10 Related Terms


Espoir Co E10 Historical Data

* Premium members only.

The historical data trend for Espoir 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.

Espoir Co E10 Chart

Espoir Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.54 -63.08 -29.35 0.00 -35.73

Espoir Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26
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 -35.71 -36.62 -38.16 -35.73

NGO:3260 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Espoir 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.


Espoir Co Shiller PE Ratio vs Real Estate Industry

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

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


NGO:3260
46GF Score
Espoir Co Ltd NGO:3260
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Espoir 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, Espoir Co's adjusted earnings per share data for the three months ended in Feb. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=24.49/112.2000*112.2000
=24.490

Current CPI (Feb. 2026) = 112.2000.

Espoir Co Quarterly Data

per share eps CPI Adj_EPS
201602 -51.507 97.800 -59.091
201605 -6.757 98.200 -7.720
201608 9.990 97.900 11.449
201611 5.910 98.600 6.725
201702 1.040 98.100 1.189
201705 5.470 98.600 6.224
201708 6.640 98.500 7.564
201711 6.510 99.100 7.371
201802 -0.155 99.500 -0.175
201805 3.480 99.300 3.932
201808 5.213 99.800 5.861
201811 0.078 100.000 0.088
201902 -2.273 99.700 -2.558
201905 -0.777 100.000 -0.872
201908 4.913 100.000 5.512
201911 4.023 100.500 4.491
202002 -31.949 100.300 -35.740
202005 5.620 100.100 6.299
202008 3.952 100.100 4.430
202011 5.920 99.500 6.676
202102 -27.990 99.800 -31.468
202105 1.503 99.400 1.697
202108 -0.397 99.700 -0.447
202111 4.596 100.100 5.152
202202 -22.947 100.700 -25.568
202205 1.480 101.800 1.631
202208 5.270 102.700 5.757
202211 -0.730 103.900 -0.788
202302 -514.247 104.000 -554.793
202305 96.963 105.100 103.513
202308 196.840 105.900 208.550
202311 -0.617 106.900 -0.648
202402 -9.151 106.900 -9.605
202405 -8.547 108.100 -8.871
202408 -15.807 109.100 -16.256
202502 0.000 110.800 0.000
202505 -7.820 111.800 -7.848
202508 -7.820 112.100 -7.827
202511 -6.720 113.200 -6.661
202602 24.490 112.200 24.490

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-35.73 mean?
Espoir Co (NGO:3260) has a E10 of 円-35.73 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Espoir Co and its competitors.
Is Espoir Co's E10 too high?
Espoir Co's current E10 is 円-35.73. Overall, Espoir Co has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Espoir Co's E10 compare to CBRE and BEKE?
Espoir Co's E10 of 円-35.73 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 Espoir Co and its competitors. Espoir Co's current E10 is 円-35.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Espoir Co stock overvalued right now?
Based on GuruFocus' analysis, Espoir Co (NGO:3260) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,245.15, compared to a current price of 円714.00 — trading 42.7% below its estimated fair value. The current E10 is 円-35.73. Espoir Co's overall GF Score™ is 46/100 with 7 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 Espoir Co (NGO:3260), the current E10 is 円-35.73 as of Feb. 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 Espoir Co (NGO:3260) Overvalued in 2026?

Based on GuruFocus' analysis, Espoir Co stock appears to be undervalued. The current stock price of 円714.00 is trading 42.7% below its estimated GF Value™ of 円1,245.15. GuruFocus considers Espoir Co to be Possible Value Trap.

Key valuation signals for NGO:3260:

  • E10: 円-35.73
  • GF Value™: 円1,245.15 vs. price of 円714.00 (42.7% below fair value)
  • GF Score™: 46/100 with 7 warning signs

No single metric tells the full story. See the NGO:3260 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Espoir Co Business Description

Address 15-1 Nanpeidaicho, Minami-daidai-cho 15-1 Lions Mansion, Shibuya-ku, Tokyo, JPN, 150-0036
Espoir Co Ltd provides real estate services. It manages plans and develops real estate properties. It sells residential properties, as well as commercial facilities. Its projects include Baytown Honmoku 5th Avenue, Espoir Court Kanamecho, Yaotome Koenzaka, Espoir City Sapporo, and Espoir Court Hirooka.
46GF Score

Get the complete analysis for NGO:3260

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

円714.00
Price
円1,245.15
GF Value