Mie Co (NGO:3442) E10: 円214.89 (As of Mar. 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:3442 Mie Corp Co Ltd NGO:3442
62 GF Score
Price 円1,611.00
GF Value 円1,435.87
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Mie Co E10?

Mie Co NGO:3442 62 E10 is 円214.89 as of Mar. 2026. GuruFocus rates NGO:3442 with a GF Score™ of 62/100 and a GF Value™ of 円1,435.87 (Modestly Overvalued). The stock has 3 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.

Mie Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円82.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円214.89 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 34.00% 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 Mie Co was 55.20% per year. The lowest was 34.00% per year. And the median was 45.70% per year.

As of today (2026-08-21), Mie Co's current stock price is 円1611.00. Mie Co's E10 for the quarter that ended in Mar. 2026 was 円214.89. Mie Co's Shiller PE Ratio of today is 7.50.

During the past 13 years, the highest Shiller PE Ratio of Mie Co was 65.32. The lowest was 7.05. And the median was 10.35.


Mie Co  (NGO:3442) 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.

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

Shiller PE Ratio=Share Price/E10
=1611.00/214.89
=7.50

* 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 Mie Co was 65.32. The lowest was 7.05. And the median was 10.35.


Be Aware

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


Mie Co E10 Related Terms


Mie Co E10 Historical Data

* Premium members only.

The historical data trend for Mie 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.

Mie Co E10 Chart

Mie 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 59.00 89.41 137.48 0.00 214.89

Mie Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 184.77 194.63 205.38 214.89 0.00

NGO:3442 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Mie 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.


Mie Co Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Mie Co's Shiller PE Ratio distribution charts can be found below:

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


NGO:3442
62GF Score
Mie Corp Co Ltd NGO:3442
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mie 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, Mie Co'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)
=82.94/112.7000*112.7000
=82.940

Current CPI (Mar. 2026) = 112.7000.

Mie Co Quarterly Data

per share eps CPI Adj_EPS
201603 17.500 97.900 20.146
201606 -17.200 98.100 -19.760
201609 38.860 98.000 44.689
201612 26.386 98.400 30.221
201703 26.700 98.100 30.674
201706 23.200 98.500 26.545
201709 28.639 98.800 32.668
201712 47.797 99.400 54.192
201803 42.710 99.200 48.522
201806 51.850 99.200 58.906
201809 31.380 99.900 35.401
201812 64.287 99.700 72.669
201903 25.040 99.700 28.305
201906 24.820 99.800 28.028
201909 32.240 100.100 36.298
201912 43.990 100.500 49.330
202003 37.825 100.300 42.501
202006 24.700 99.900 27.865
202009 24.695 99.900 27.859
202012 46.350 99.300 52.605
202103 32.129 99.900 36.246
202106 32.850 99.500 37.208
202109 26.165 100.100 29.458
202112 53.680 100.100 60.437
202203 44.767 101.100 49.903
202206 63.220 101.800 69.989
202209 40.378 103.100 44.138
202212 69.797 104.100 75.563
202303 124.680 104.400 134.592
202306 82.160 105.200 88.017
202309 66.210 106.200 70.262
202312 102.630 106.800 108.300
202403 58.540 107.200 61.543
202406 81.040 108.200 84.410
202409 64.970 108.900 67.237
202503 0.000 111.100 0.000
202506 84.850 111.700 85.610
202509 64.170 112.000 64.571
202512 117.400 113.000 117.088
202603 82.940 112.700 82.940

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214.89 mean?
Mie Co (NGO:3442) has a E10 of 円214.89 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mie Co and its competitors.
Is Mie Co's E10 too high?
Mie Co's current E10 is 円214.89. Overall, Mie Co has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mie Co's E10 compare to NUE and STLD?
Mie Co's E10 of 円214.89 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Mie Co and its competitors. Mie Co's current E10 is 円214.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Co stock overvalued right now?
Based on GuruFocus' analysis, Mie Co (NGO:3442) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,435.87, compared to a current price of 円1,611.00 — trading 12.2% above its estimated fair value. The current E10 is 円214.89. Mie Co's overall GF Score™ is 62/100 with 3 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 Mie Co (NGO:3442), the current E10 is 円214.89 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 Mie Co (NGO:3442) Overvalued in 2026?

Based on GuruFocus' analysis, Mie Co stock appears to be overvalued. The current stock price of 円1,611.00 is trading 12.2% above its estimated GF Value™ of 円1,435.87. GuruFocus considers Mie Co to be Modestly Overvalued.

Key valuation signals for NGO:3442:

  • E10: 円214.89
  • GF Value™: 円1,435.87 vs. price of 円1,611.00 (12.2% above fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the NGO:3442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mie Co Business Description

Address 1001 Oaza Hoshikawa, Mie-ken, Kuwana, JPN, 511-0912
Mie Corp Co Ltd is a Japanese holding company. The company, through its subsidiaries, is engaged in the manufacturing of stainless steel fittings and flanges and the prefabricated piping processing of piping equipment. The products of the company include butt weld type fitting, housing type pipe fitting, and stainless steel pipe flange.
62GF Score

Get the complete analysis for NGO:3442

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

円1,611.00
Price
円1,435.87
GF Value