ArkCore (NGO:3384) E10: 円48.50 (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:3384 ArkCore Inc NGO:3384
68 GF Score
Price 円785.00
GF Value 円826.49
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is ArkCore E10?

ArkCore NGO:3384 68 E10 is 円48.50 as of May. 2026. GuruFocus rates NGO:3384 with a GF Score™ of 68/100 and a GF Value™ of 円826.49 (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.

ArkCore's adjusted earnings per share data for the three months ended in May. 2026 was 円99.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円48.50 for the trailing ten years ended in May. 2026.

During the past 12 months, ArkCore's average E10 Growth Rate was 103.70% 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 ArkCore was -397.00% per year. The lowest was -397.00% per year. And the median was -397.00% per year.

As of today (2026-08-30), ArkCore's current stock price is 円785.00. ArkCore's E10 for the quarter that ended in May. 2026 was 円48.50. ArkCore's Shiller PE Ratio of today is 16.19.

During the past 13 years, the highest Shiller PE Ratio of ArkCore was 37000.00. The lowest was 14.35. And the median was 53.61.


ArkCore  (NGO:3384) 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.

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

Shiller PE Ratio=Share Price/E10
=785.00/48.50
=16.19

* 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 ArkCore was 37000.00. The lowest was 14.35. And the median was 53.61.


Be Aware

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


ArkCore E10 Related Terms


ArkCore E10 Historical Data

* Premium members only.

The historical data trend for ArkCore'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.

ArkCore E10 Chart

ArkCore 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 -19.64 -3.33 2.12 0.00 33.61

ArkCore Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 23.81 29.27 33.85 33.61 48.50

NGO:3384 vs CVNA, PAG, ALTB: E10 Comparison

For the Auto & Truck Dealerships subindustry, ArkCore'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.


ArkCore Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ArkCore's Shiller PE Ratio distribution charts can be found below:

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


NGO:3384
68GF Score
ArkCore Inc NGO:3384
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ArkCore 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, ArkCore's adjusted earnings per share data for the three months ended in May. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=99.83/113.5000*113.5000
=99.830

Current CPI (May. 2026) = 113.5000.

ArkCore Quarterly Data

per share eps CPI Adj_EPS
201605 -83.620 98.200 -96.648
201608 -25.260 97.900 -29.285
201611 -72.763 98.600 -83.759
201702 -49.585 98.100 -57.369
201705 -26.070 98.600 -30.010
201708 7.610 98.500 8.769
201711 -30.968 99.100 -35.468
201802 50.387 99.500 57.477
201805 -9.930 99.300 -11.350
201808 34.540 99.800 39.281
201811 -7.130 100.000 -8.093
201902 5.700 99.700 6.489
201905 1.510 100.000 1.714
201908 21.910 100.000 24.868
201911 7.440 100.500 8.402
202002 -27.420 100.300 -31.029
202005 -34.630 100.100 -39.266
202008 41.025 100.100 46.517
202011 6.170 99.500 7.038
202102 -10.700 99.800 -12.169
202105 24.960 99.400 28.501
202108 17.250 99.700 19.638
202111 21.400 100.100 24.265
202202 -85.525 100.700 -96.396
202205 18.970 101.800 21.150
202208 98.380 102.700 108.726
202211 127.740 103.900 139.543
202302 -27.280 104.000 -29.772
202305 34.030 105.100 36.750
202308 76.000 105.900 81.454
202311 16.820 106.900 17.858
202402 -41.680 106.900 -44.253
202405 80.830 108.100 84.868
202408 51.340 109.100 53.411
202502 0.000 110.800 0.000
202505 80.830 111.800 82.059
202508 50.250 112.100 50.878
202511 53.860 113.200 54.003
202602 -25.480 112.200 -25.775
202605 99.830 113.500 99.830

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48.50 mean?
ArkCore (NGO:3384) has a E10 of 円48.50 as of May. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ArkCore and its competitors.
Is ArkCore's E10 too high?
ArkCore's current E10 is 円48.50. Overall, ArkCore has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ArkCore's E10 compare to CVNA and PAG?
ArkCore's E10 of 円48.50 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 ArkCore and its competitors. ArkCore's current E10 is 円48.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ArkCore stock overvalued right now?
Based on GuruFocus' analysis, ArkCore (NGO:3384) is currently considered Fairly Valued. The stock's GF Value™ is 円826.49, compared to a current price of 円785.00 — trading 5% below its estimated fair value. The current E10 is 円48.50. ArkCore's overall GF Score™ is 68/100 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 ArkCore (NGO:3384), the current E10 is 円48.50 as of May. 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 ArkCore (NGO:3384) Overvalued in 2026?

Based on GuruFocus' analysis, ArkCore stock appears to be undervalued. The current stock price of 円785.00 is trading 5% below its estimated GF Value™ of 円826.49. GuruFocus considers ArkCore to be Fairly Valued.

Key valuation signals for NGO:3384:

  • E10: 円48.50
  • GF Value™: 円826.49 vs. price of 円785.00 (5% below fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the NGO:3384 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ArkCore Business Description

Address 2-14-4, Ikebukuro, 3rd floor, Sky Building, Ikebukuro West Exit, Toshima-ku, Tokyo, JPN
ArkCore Inc. is engaged in the purchase and sales of motorcycles and related products in Japan. It sells bikes through its stores and online. The company operates its stores under the Bike Land and Bike Land Direct Sales Center brand names.
68GF Score

Get the complete analysis for NGO:3384

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

円785.00
Price
円826.49
GF Value