ENEOS Holdings (NGO:5020) E10: 円82.40 (As of Mar. 2026)


NGO:5020 ENEOS Holdings Inc NGO:5020
63 GF Score
Price 円1,305.00
GF Value 円915.53
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is ENEOS Holdings E10?

ENEOS Holdings NGO:5020 63 E10 is 円82.40 as of Mar. 2026. GuruFocus rates NGO:5020 with a GF Score™ of 63/100 and a GF Value™ of 円915.53 (Significantly Overvalued). The stock has 4 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.

ENEOS Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was 円48.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円82.40 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ENEOS Holdings's average E10 Growth Rate was 41.40% per year. During the past 3 years, the average E10 Growth Rate was 40.80% per year. During the past 5 years, the average E10 Growth Rate was 28.80% 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 ENEOS Holdings was 40.80% per year. The lowest was -1.90% per year. And the median was 20.95% per year.

As of today (2026-06-29), ENEOS Holdings's current stock price is 円1305.00. ENEOS Holdings's E10 for the quarter that ended in Mar. 2026 was 円82.40. ENEOS Holdings's Shiller PE Ratio of today is 15.84.

During the past 13 years, the highest Shiller PE Ratio of ENEOS Holdings was 28.74. The lowest was 7.89. And the median was 18.14.


ENEOS Holdings  (NGO:5020) 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.

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

Shiller PE Ratio=Share Price/E10
=1305.00/82.40
=15.84

* 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 ENEOS Holdings was 28.74. The lowest was 7.89. And the median was 18.14.


Be Aware

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


ENEOS Holdings E10 Related Terms


ENEOS Holdings E10 Historical Data

* Premium members only.

The historical data trend for ENEOS Holdings'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.

ENEOS Holdings E10 Chart

ENEOS Holdings 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 30.04 28.03 33.47 61.08 82.40

ENEOS Holdings 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 61.08 52.85 58.02 61.00 82.40

NGO:5020 vs VLO, MPC, PSX: E10 Comparison

For the Oil & Gas Refining & Marketing subindustry, ENEOS Holdings'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.


ENEOS Holdings Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ENEOS Holdings's Shiller PE Ratio distribution charts can be found below:

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


NGO:5020
63GF Score
ENEOS Holdings Inc NGO:5020
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ENEOS Holdings 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, ENEOS Holdings'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)
=48.05/112.7000*112.7000
=48.050

Current CPI (Mar. 2026) = 112.7000.

ENEOS Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 10.600 98.100 12.178
201609 7.450 98.000 8.568
201612 28.930 98.400 33.134
201703 13.360 98.100 15.348
201706 5.560 98.500 6.362
201709 30.520 98.800 34.814
201712 42.730 99.400 48.447
201803 27.080 99.200 30.765
201806 42.640 99.200 48.443
201809 41.360 99.900 46.659
201812 -2.010 99.700 -2.272
201903 13.180 99.700 14.899
201906 5.250 99.800 5.929
201909 16.520 100.100 18.599
201912 16.620 100.500 18.638
202003 -96.090 100.300 -107.970
202006 -1.520 99.900 -1.715
202009 12.830 99.900 14.474
202012 9.500 99.300 10.782
202103 14.600 99.900 16.471
202106 30.330 99.500 34.354
202109 35.340 100.100 39.788
202112 37.420 100.100 42.130
202203 63.780 101.100 71.098
202206 69.140 101.800 76.543
202209 8.800 103.100 9.619
202212 -50.380 104.100 -54.542
202303 15.670 104.400 16.916
202306 15.160 105.200 16.241
202309 41.670 106.200 44.220
202312 11.610 106.800 12.251
202403 27.000 107.200 28.385
202406 27.540 108.200 28.685
202409 -4.190 108.900 -4.336
202412 36.100 110.700 36.752
202503 20.360 111.100 20.653
202506 -5.400 111.700 -5.448
202509 29.430 112.000 29.614
202512 23.920 113.000 23.856
202603 48.050 112.700 48.050

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82.40 mean?
ENEOS Holdings (NGO:5020) has a E10 of 円82.40 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ENEOS Holdings and its competitors.
Is ENEOS Holdings' E10 too high?
ENEOS Holdings' current E10 is 円82.40. Overall, ENEOS Holdings has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ENEOS Holdings' E10 compare to VLO and MPC?
ENEOS Holdings' E10 of 円82.40 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good E10 depends on the Oil & Gas 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 ENEOS Holdings and its competitors. ENEOS Holdings's current E10 is 円82.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENEOS Holdings stock overvalued right now?
Based on GuruFocus' analysis, ENEOS Holdings (NGO:5020) is currently considered Significantly Overvalued. The stock's GF Value™ is 円915.53, compared to a current price of 円1,305.00 — trading 42.5% above its estimated fair value. The current E10 is 円82.40. ENEOS Holdings' overall GF Score™ is 63/100 with 4 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 ENEOS Holdings (NGO:5020), the current E10 is 円82.40 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 ENEOS Holdings (NGO:5020) Overvalued in 2026?

Based on GuruFocus' analysis, ENEOS Holdings stock appears to be overvalued. The current stock price of 円1,305.00 is trading 42.5% above its estimated GF Value™ of 円915.53. GuruFocus considers ENEOS Holdings to be Significantly Overvalued.

Key valuation signals for NGO:5020:

  • E10: 円82.40
  • GF Value™: 円915.53 vs. price of 円1,305.00 (42.5% above fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the NGO:5020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ENEOS Holdings Business Description

Industry EnergyOil & Gas
Address 1-1-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8162
ENEOS Holdings Inc is engaged in the energy and materials business through its group companies. The company operates six reportable segments: Petroleum Products and Other, Oil and Natural Gas Exploration and Development, Functional Materials, Electricity, Renewable Energy, and Others. Its operations include petroleum refining and sales, oil and gas exploration, production of synthetic and special rubber, power generation, and renewable energy activities such as wind and solar power. The Others segment covers asphalt paving, civil engineering, construction, and real estate rental businesses. It generates the majority of its revenue from the Petroleum Products segment.
63GF Score

Get the complete analysis for NGO:5020

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

円1,305.00
Price
円915.53
GF Value