Nippon Sharyo (NGO:7102) E10: 円183.68 (As of Dec. 2025)


NGO:7102 Nippon Sharyo Ltd NGO:7102
60 GF Score
Price 円3,330.00
GF Value 円2,599.73
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nippon Sharyo E10?

Nippon Sharyo NGO:7102 60 E10 is 円183.68 as of Dec. 2025. GuruFocus rates NGO:7102 with a GF Score™ of 60/100 and a GF Value™ of 円2,599.73 (Modestly Overvalued). 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.

Nippon Sharyo's adjusted earnings per share data for the three months ended in Dec. 2025 was 円199.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円183.68 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Nippon Sharyo's average E10 Growth Rate was -100.00% 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 Nippon Sharyo was 35.10% per year. The lowest was -4.50% per year. And the median was 24.70% per year.

As of today (2026-06-29), Nippon Sharyo's current stock price is 円3330.00. Nippon Sharyo's E10 for the quarter that ended in Dec. 2025 was 円183.68. Nippon Sharyo's Shiller PE Ratio of today is 18.13.

During the past 13 years, the highest Shiller PE Ratio of Nippon Sharyo was 25.73. The lowest was 11.73. And the median was 15.92.


Nippon Sharyo  (NGO:7102) 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.

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

Shiller PE Ratio=Share Price/E10
=3330.00/183.68
=18.13

* 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 Nippon Sharyo was 25.73. The lowest was 11.73. And the median was 15.92.


Be Aware

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


Nippon Sharyo E10 Related Terms


Nippon Sharyo E10 Historical Data

* Premium members only.

The historical data trend for Nippon Sharyo'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.

Nippon Sharyo E10 Chart

Nippon Sharyo 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 -39.75 -33.88 -46.95 100.51 0.00

Nippon Sharyo 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 100.51 104.69 149.50 183.68 0.00

NGO:7102 vs UNP, CSX, NSC: E10 Comparison

For the Railroads subindustry, Nippon Sharyo'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.


Nippon Sharyo Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Nippon Sharyo's Shiller PE Ratio distribution charts can be found below:

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


NGO:7102
60GF Score
Nippon Sharyo Ltd NGO:7102
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Sharyo 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, Nippon Sharyo's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=199.04/113.0000*113.0000
=199.040

Current CPI (Dec. 2025) = 113.0000.

Nippon Sharyo Quarterly Data

per share eps CPI Adj_EPS
201603 -411.300 97.900 -474.739
201606 0.700 98.100 0.806
201609 -289.500 98.000 -333.811
201612 33.400 98.400 38.356
201703 -99.621 98.100 -114.752
201706 485.700 98.500 557.199
201709 -1,555.810 98.800 -1,779.418
201712 557.750 99.400 634.062
201803 -60.689 99.200 -69.132
201806 114.090 99.200 129.961
201809 141.530 99.900 160.089
201812 146.041 99.700 165.523
201903 235.620 99.700 267.052
201906 96.510 99.800 109.275
201909 124.568 100.100 140.621
201912 39.213 100.500 44.090
202003 286.698 100.300 323.000
202006 94.450 99.900 106.835
202009 80.093 99.900 90.596
202012 86.259 99.300 98.160
202103 288.470 99.900 326.297
202106 76.180 99.500 86.516
202109 93.259 100.100 105.277
202112 78.960 100.100 89.136
202203 113.705 101.100 127.089
202206 90.100 101.800 100.013
202209 -12.420 103.100 -13.613
202212 36.100 104.100 39.186
202303 102.260 104.400 110.684
202306 104.080 105.200 111.797
202309 42.420 106.200 45.136
202312 103.940 106.800 109.974
202403 122.447 107.200 129.072
202406 37.040 108.200 38.683
202409 165.240 108.900 171.461
202412 75.720 110.700 77.293
202503 166.620 111.100 169.469
202506 91.760 111.700 92.828
202509 307.190 112.000 309.933
202512 199.040 113.000 199.040

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183.68 mean?
Nippon Sharyo (NGO:7102) has a E10 of 円183.68 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nippon Sharyo and its competitors.
Is Nippon Sharyo's E10 too high?
Nippon Sharyo's current E10 is 円183.68. Overall, Nippon Sharyo has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Sharyo's E10 compare to UNP and CSX?
Nippon Sharyo's E10 of 円183.68 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Nippon Sharyo and its competitors. Nippon Sharyo's current E10 is 円183.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Sharyo stock overvalued right now?
Based on GuruFocus' analysis, Nippon Sharyo (NGO:7102) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,599.73, compared to a current price of 円3,330.00 — trading 28.1% above its estimated fair value. The current E10 is 円183.68. Nippon Sharyo's overall GF Score™ is 60/100 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 Nippon Sharyo (NGO:7102), the current E10 is 円183.68 as of Dec. 2025. 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 Nippon Sharyo (NGO:7102) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Sharyo stock appears to be overvalued. The current stock price of 円3,330.00 is trading 28.1% above its estimated GF Value™ of 円2,599.73. GuruFocus considers Nippon Sharyo to be Modestly Overvalued.

Key valuation signals for NGO:7102:

  • E10: 円183.68
  • GF Value™: 円2,599.73 vs. price of 円3,330.00 (28.1% above fair value)
  • GF Score™: 60/100 with 2 warning signs

No single metric tells the full story. See the NGO:7102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Sharyo Business Description

Other Exchanges NPPSF:USA7102:Japan
Address 1-1,Sanbonmatsu-cho, Atsuta-ku, Nagoya, JPN, 456-8691
Nippon Sharyo Ltd is a Japan-based company engaged in the manufacture of railway rolling stock. The company operates through three segments. Its Railway rolling stock segment consists of manufacture and sales of rolling stock. The Transportation equipment and steel structure segment include production and trade of transportation equipment such as freight cars, tank trucks, heavy-duty industrial vehicles, and roadway and railway bridges. Its Construction equipment segment comprises of pile driving rigs, crawler cranes, casing rotators, portable diesel generator sets and emergency generators.
60GF Score

Get the complete analysis for NGO:7102

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

円3,330.00
Price
円2,599.73
GF Value