NKOKF (Noritsu Koki Co) E10: $1.12 (As of Mar. 2026)


NKOKF Noritsu Koki Co Ltd NKOKF
94 GF Score
Price $12.45
GF Value $12.11
Valuation Fairly Valued
! 3 Warning Signs
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What is Noritsu Koki Co E10?

Noritsu Koki Co NKOKF 94 E10 is $1.12 as of Mar. 2026. GuruFocus rates NKOKF with a GF Score™ of 94/100 and a GF Value™ of $12.11 (Fairly Valued). 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.

Noritsu Koki Co's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.324. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.12 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Noritsu Koki Co's average E10 Growth Rate was 14.10% per year. During the past 3 years, the average E10 Growth Rate was 12.10% per year. During the past 5 years, the average E10 Growth Rate was 78.80% 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 Noritsu Koki Co was 152.60% per year. The lowest was 12.10% per year. And the median was 75.70% per year.

As of today (2026-06-27), Noritsu Koki Co's current stock price is $12.445. Noritsu Koki Co's E10 for the quarter that ended in Mar. 2026 was $1.12. Noritsu Koki Co's Shiller PE Ratio of today is 11.11.

During the past 13 years, the highest Shiller PE Ratio of Noritsu Koki Co was 60.49. The lowest was 5.49. And the median was 9.88.


Noritsu Koki Co  (OTCPK:NKOKF) 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.

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

Shiller PE Ratio=Share Price/E10
=12.445/1.12
=11.11

* 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 Noritsu Koki Co was 60.49. The lowest was 5.49. And the median was 9.88.


Be Aware

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


Noritsu Koki Co E10 Related Terms


Noritsu Koki Co E10 Historical Data

* Premium members only.

The historical data trend for Noritsu Koki 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.

Noritsu Koki Co E10 Chart

Noritsu Koki Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.35 0.93 0.61 1.20

Noritsu Koki 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 0.68 0.72 0.64 1.20 1.12

NKOKF vs AAPL: E10 Comparison

For the Consumer Electronics subindustry, Noritsu Koki 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.


Noritsu Koki Co Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Noritsu Koki Co's Shiller PE Ratio distribution charts can be found below:

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


NKOKF
94GF Score
Noritsu Koki Co Ltd NKOKF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Noritsu Koki 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, Noritsu Koki 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)
=0.324/112.7000*112.7000
=0.324

Current CPI (Mar. 2026) = 112.7000.

Noritsu Koki Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.018 98.100 0.021
201609 0.000 98.000 0.000
201612 0.083 98.400 0.095
201703 0.212 98.100 0.244
201706 0.086 98.500 0.098
201709 0.052 98.800 0.059
201712 0.087 99.400 0.099
201803 0.524 99.200 0.595
201806 0.037 99.200 0.042
201809 0.029 99.900 0.033
201812 0.141 99.700 0.159
201903 0.015 99.700 0.017
201906 0.049 99.800 0.055
201909 -0.126 100.100 -0.142
201912 0.153 100.500 0.172
202003 0.014 100.300 0.016
202006 0.064 99.900 0.072
202009 0.392 99.900 0.442
202012 0.424 99.300 0.481
202103 0.106 99.900 0.120
202106 0.065 99.500 0.074
202109 0.073 100.100 0.082
202112 0.177 100.100 0.199
202203 7.901 101.100 8.808
202206 0.067 101.800 0.074
202209 0.118 103.100 0.129
202212 -0.102 104.100 -0.110
202303 0.069 104.400 0.074
202306 0.221 105.200 0.237
202309 0.211 106.200 0.224
202312 0.146 106.800 0.154
202403 0.318 107.200 0.334
202406 0.363 108.200 0.378
202409 0.091 108.900 0.094
202412 0.187 110.700 0.190
202503 0.170 111.100 0.172
202506 0.282 111.700 0.285
202509 0.378 112.000 0.380
202512 0.133 113.000 0.133
202603 0.324 112.700 0.324

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 $1.12 mean?
Noritsu Koki Co (NKOKF) has a E10 of $1.12 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Noritsu Koki Co and its competitors.
Is Noritsu Koki Co's E10 too high?
Noritsu Koki Co's current E10 is $1.12. Overall, Noritsu Koki Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Noritsu Koki Co's E10 compare to AAPL?
Noritsu Koki Co's E10 of $1.12 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Noritsu Koki Co and its competitors. Noritsu Koki Co's current E10 is $1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noritsu Koki Co stock overvalued right now?
Based on GuruFocus' analysis, Noritsu Koki Co (NKOKF) is currently considered Fairly Valued. The stock's GF Value™ is $12.11, compared to a current price of $12.45 — trading 2.8% above its estimated fair value. The current E10 is $1.12. Noritsu Koki Co's overall GF Score™ is 94/100 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 Noritsu Koki Co (NKOKF), the current E10 is $1.12 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 Noritsu Koki Co (NKOKF) Overvalued in 2026?

Based on GuruFocus' analysis, Noritsu Koki Co stock appears to be overvalued. The current stock price of $12.45 is trading 2.8% above its estimated GF Value™ of $12.11. GuruFocus considers Noritsu Koki Co to be Fairly Valued.

Key valuation signals for NKOKF:

  • E10: $1.12
  • GF Value™: $12.11 vs. price of $12.45 (2.8% above fair value)
  • GF Score™: 94/100 with 3 warning signs

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


Noritsu Koki Co Business Description

Other Exchanges 7744:Japan
Address Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045
Noritsu Koki Co Ltd is a Japan-based company engaged in the development of the Automatic Photographic Paper Washing Machine. The company has developed and manufactured various photographic processing equipment and expanded its business globally. The Group mainly engages in manufacturing (parts and materials) and manufacturing (audioequipment-related) businesses utilizing globally competitive technologies. The company has two operating segments, which include Manufacturing (parts and materials) and Manufacturing (Audio Equipment Related).
94GF Score

Get the complete analysis for NKOKF

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

$12.45
Price
$12.11
GF Value