Valor Holdings Co (NGO:9956) E10: 円170.60 (As of Mar. 2026)

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NGO:9956 Valor Holdings Co Ltd NGO:9956
78 GF Score
Price 円3,425.00
GF Value 円2,976.18
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Valor Holdings Co E10?

Valor Holdings Co NGO:9956 78 E10 is 円170.60 as of Mar. 2026. GuruFocus rates NGO:9956 with a GF Score™ of 78/100 and a GF Value™ of 円2,976.18 (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.

Valor Holdings Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円39.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円170.60 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Valor Holdings Co's average E10 Growth Rate was 5.10% per year. During the past 3 years, the average E10 Growth Rate was 5.30% per year. During the past 5 years, the average E10 Growth Rate was 4.00% 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 Valor Holdings Co was 5.40% per year. The lowest was 2.60% per year. And the median was 4.40% per year.

As of today (2026-07-21), Valor Holdings Co's current stock price is 円3425.00. Valor Holdings Co's E10 for the quarter that ended in Mar. 2026 was 円170.60. Valor Holdings Co's Shiller PE Ratio of today is 20.08.

During the past 13 years, the highest Shiller PE Ratio of Valor Holdings Co was 20.55. The lowest was 9.00. And the median was 12.91.


Valor Holdings Co  (NGO:9956) 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.

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

Shiller PE Ratio=Share Price/E10
=3425.00/170.60
=20.08

* 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 Valor Holdings Co was 20.55. The lowest was 9.00. And the median was 12.91.


Be Aware

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


Valor Holdings Co E10 Related Terms


Valor Holdings Co E10 Historical Data

* Premium members only.

The historical data trend for Valor Holdings 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.

Valor Holdings Co E10 Chart

Valor Holdings 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 186.20 171.12 180.66 198.47 170.60

Valor Holdings Co 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 198.47 190.22 168.60 187.03 170.60

NGO:9956 vs DDS: E10 Comparison

For the Department Stores subindustry, Valor Holdings 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.


Valor Holdings Co Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Valor Holdings Co's Shiller PE Ratio distribution charts can be found below:

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


NGO:9956
78GF Score
Valor Holdings Co Ltd NGO:9956
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valor Holdings 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, Valor Holdings 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)
=39.46/112.7000*112.7000
=39.460

Current CPI (Mar. 2026) = 112.7000.

Valor Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201606 69.610 98.100 79.970
201609 41.120 98.000 47.288
201612 54.380 98.400 62.283
201703 40.600 98.100 46.642
201706 55.830 98.500 63.879
201709 35.710 98.800 40.734
201712 56.520 99.400 64.083
201803 -0.090 99.200 -0.102
201806 55.110 99.200 62.610
201809 44.850 99.900 50.597
201812 57.630 99.700 65.144
201903 -4.550 99.700 -5.143
201906 23.830 99.800 26.910
201909 46.839 100.100 52.735
201912 46.820 100.500 52.504
202003 3.120 100.300 3.506
202006 86.470 99.900 97.549
202009 77.280 99.900 87.182
202012 81.030 99.300 91.965
202103 -10.360 99.900 -11.687
202106 70.660 99.500 80.034
202109 42.980 100.100 48.390
202112 50.730 100.100 57.116
202203 3.440 101.100 3.835
202206 57.640 101.800 63.812
202209 49.150 103.100 53.727
202212 79.610 104.100 86.187
202303 -44.820 104.400 -48.383
202306 64.460 105.200 69.056
202309 59.270 106.200 62.898
202312 85.150 106.800 89.854
202403 14.120 107.200 14.844
202406 61.360 108.200 63.912
202409 64.960 108.900 67.227
202412 95.350 110.700 97.073
202503 35.970 111.100 36.488
202506 73.560 111.700 74.219
202509 83.580 112.000 84.102
202512 116.180 113.000 115.872
202603 39.460 112.700 39.460

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170.60 mean?
Valor Holdings Co (NGO:9956) has a E10 of 円170.60 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Valor Holdings Co and its competitors.
Is Valor Holdings Co's E10 too high?
Valor Holdings Co's current E10 is 円170.60. Overall, Valor Holdings Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valor Holdings Co's E10 compare to DDS?
Valor Holdings Co's E10 of 円170.60 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Valor Holdings Co and its competitors. Valor Holdings Co's current E10 is 円170.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valor Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Valor Holdings Co (NGO:9956) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,976.18, compared to a current price of 円3,425.00 — trading 15.1% above its estimated fair value. The current E10 is 円170.60. Valor Holdings Co's overall GF Score™ is 78/100 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 Valor Holdings Co (NGO:9956), the current E10 is 円170.60 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 Valor Holdings Co (NGO:9956) Overvalued in 2026?

Based on GuruFocus' analysis, Valor Holdings Co stock appears to be overvalued. The current stock price of 円3,425.00 is trading 15.1% above its estimated GF Value™ of 円2,976.18. GuruFocus considers Valor Holdings Co to be Modestly Overvalued.

Key valuation signals for NGO:9956:

  • E10: 円170.60
  • GF Value™: 円2,976.18 vs. price of 円3,425.00 (15.1% above fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the NGO:9956 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Valor Holdings Co Business Description

Other Exchanges 9956:Japan
Address 661-1, Ohari Cho, Tajimi-shi, Gifu, JPN, 507-0062
Valor Holdings Co Ltd is engaged in the processing and retail of food and other lifestyle-related goods. It owns Supermarket, Drug store, Home center, Sports club and Pet Shop among others.
78GF Score

Get the complete analysis for NGO:9956

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

円3,425.00
Price
円2,976.18
GF Value