NHKGF (NHK Spring Co) E10: $0.65 (As of Mar. 2026)


NHKGF NHK Spring Co Ltd NHKGF
78 GF Score
Price $24.51
GF Value $11.30
Valuation Significantly Overvalued
! 6 Warning Signs
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What is NHK Spring Co E10?

NHK Spring Co NHKGF 78 E10 is $0.65 as of Mar. 2026. GuruFocus rates NHKGF with a GF Score™ of 78/100 and a GF Value™ of $11.30 (Significantly Overvalued). The stock has 6 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.

NHK Spring Co's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.084. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.65 for the trailing ten years ended in Mar. 2026.

During the past 12 months, NHK Spring Co's average E10 Growth Rate was 5.20% per year. During the past 3 years, the average E10 Growth Rate was 10.40% per year. During the past 5 years, the average E10 Growth Rate was 9.20% 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 NHK Spring Co was 10.40% per year. The lowest was -2.60% per year. And the median was 5.05% per year.

As of today (2026-06-27), NHK Spring Co's current stock price is $24.51. NHK Spring Co's E10 for the quarter that ended in Mar. 2026 was $0.65. NHK Spring Co's Shiller PE Ratio of today is 37.71.

During the past 13 years, the highest Shiller PE Ratio of NHK Spring Co was 36.42. The lowest was 7.81. And the median was 12.62.


NHK Spring Co  (OTCPK:NHKGF) 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.

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

Shiller PE Ratio=Share Price/E10
=24.51/0.65
=37.71

* 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 NHK Spring Co was 36.42. The lowest was 7.81. And the median was 12.62.


Be Aware

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


NHK Spring Co E10 Related Terms


NHK Spring Co E10 Historical Data

* Premium members only.

The historical data trend for NHK Spring 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.

NHK Spring Co E10 Chart

NHK Spring 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 0.66 0.64 0.54 0.79 0.65

NHK Spring 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 0.79 0.82 0.69 0.68 0.65

NHKGF vs ORLY, AZO: E10 Comparison

For the Auto Parts subindustry, NHK Spring 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.


NHK Spring Co Shiller PE Ratio vs Vehicles & Parts Industry

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

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


NHKGF
78GF Score
NHK Spring Co Ltd NHKGF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NHK Spring 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, NHK Spring 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)
=0.084/112.7000*112.7000
=0.084

Current CPI (Mar. 2026) = 112.7000.

NHK Spring Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.181 98.100 0.208
201609 0.218 98.000 0.251
201612 0.360 98.400 0.412
201703 0.150 98.100 0.172
201706 0.275 98.500 0.315
201709 0.199 98.800 0.227
201712 0.274 99.400 0.311
201803 -0.002 99.200 -0.002
201806 0.260 99.200 0.295
201809 0.213 99.900 0.240
201812 0.236 99.700 0.267
201903 -0.462 99.700 -0.522
201906 -0.061 99.800 -0.069
201909 0.055 100.100 0.062
201912 0.201 100.500 0.225
202003 -0.018 100.300 -0.020
202006 -0.324 99.900 -0.366
202009 0.008 99.900 0.009
202012 0.332 99.300 0.377
202103 0.369 99.900 0.416
202106 0.224 99.500 0.254
202109 0.111 100.100 0.125
202112 0.223 100.100 0.251
202203 0.658 101.100 0.733
202206 0.281 101.800 0.311
202209 0.345 103.100 0.377
202212 0.124 104.100 0.134
202303 -0.071 104.400 -0.077
202306 0.223 105.200 0.239
202309 0.215 106.200 0.228
202312 0.203 106.800 0.214
202403 0.538 107.200 0.566
202406 0.439 108.200 0.457
202409 0.213 108.900 0.220
202412 0.252 110.700 0.257
202503 0.578 111.100 0.586
202506 0.306 111.700 0.309
202509 0.165 112.000 0.166
202512 0.356 113.000 0.355
202603 0.084 112.700 0.084

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 $0.65 mean?
NHK Spring Co (NHKGF) has a E10 of $0.65 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on NHK Spring Co and its competitors.
Is NHK Spring Co's E10 too high?
NHK Spring Co's current E10 is $0.65. Overall, NHK Spring Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NHK Spring Co's E10 compare to ORLY and AZO?
NHK Spring Co's E10 of $0.65 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 NHK Spring Co and its competitors. NHK Spring Co's current E10 is $0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NHK Spring Co stock overvalued right now?
Based on GuruFocus' analysis, NHK Spring Co (NHKGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.30, compared to a current price of $24.51 — trading 116.9% above its estimated fair value. The current E10 is $0.65. NHK Spring Co's overall GF Score™ is 78/100 with 6 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 NHK Spring Co (NHKGF), the current E10 is $0.65 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 NHK Spring Co (NHKGF) Overvalued in 2026?

Based on GuruFocus' analysis, NHK Spring Co stock appears to be overvalued. The current stock price of $24.51 is trading 116.9% above its estimated GF Value™ of $11.30. GuruFocus considers NHK Spring Co to be Significantly Overvalued.

Key valuation signals for NHKGF:

  • E10: $0.65
  • GF Value™: $11.30 vs. price of $24.51 (116.9% above fair value)
  • GF Score™: 78/100 with 6 warning signs

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


NHK Spring Co Business Description

Other Exchanges 5991:Japan
Address 3-10 Fukuura, Kanazawa-ku, Yokohama, JPN, 236-0004
NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company operates through five segments. The Disc drive suspension (DDS) segment covers disc drive suspension products. The Industrial Equipment segment includes semiconductor process parts, ceramic products, spring mechanisms, piping support devices, parking devices, and other equipment. The Precision Parts segment handles HDD components, wire, and thin plate springs, motor cores, probe units, fasteners, and other precision products. The Sheet segment provides automobile seats, seat mechanisms, and interior parts, while the Suspension Spring segment offers coil springs, leaf springs, stabilizers, accumulators, torsion bars, and related components.
78GF Score

Get the complete analysis for NHKGF

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

$24.51
Price
$11.30
GF Value