NSHBY (Nisshinbo Holdings) E10: $0.76 (As of Dec. 2025)


NSHBY Nisshinbo Holdings Inc NSHBY
57 GF Score
Price $31.35
GF Value $13.97
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Nisshinbo Holdings E10?

Nisshinbo Holdings NSHBY 57 E10 is $0.76 as of Dec. 2025. GuruFocus rates NSHBY with a GF Score™ of 57/100 and a GF Value™ of $13.97 (Significantly Overvalued). The stock has 8 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.

Nisshinbo Holdings's adjusted earnings per share data for the three months ended in Dec. 2025 was $0.008. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.76 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Nisshinbo Holdings's average E10 Growth Rate was 0.20% per year. During the past 3 years, the average E10 Growth Rate was -7.50% per year. During the past 5 years, the average E10 Growth Rate was 0.40% 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 Nisshinbo Holdings was 13.20% per year. The lowest was -7.50% per year. And the median was 3.25% per year.

As of today (2026-07-04), Nisshinbo Holdings's current stock price is $31.35. Nisshinbo Holdings's E10 for the quarter that ended in Dec. 2025 was $0.76. Nisshinbo Holdings's Shiller PE Ratio of today is 41.25.

During the past 13 years, the highest Shiller PE Ratio of Nisshinbo Holdings was 43.02. The lowest was 12.11. And the median was 17.02.


Nisshinbo Holdings  (OTCPK:NSHBY) 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.

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

Shiller PE Ratio=Share Price/E10
=31.35/0.76
=41.25

* 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 Nisshinbo Holdings was 43.02. The lowest was 12.11. And the median was 17.02.


Be Aware

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


Nisshinbo Holdings E10 Related Terms


Nisshinbo Holdings E10 Historical Data

* Premium members only.

The historical data trend for Nisshinbo 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.

Nisshinbo Holdings E10 Chart

Nisshinbo Holdings Annual Data
Trend Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 1.07 0.77 0.79 0.76

Nisshinbo 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 0.71 0.66 0.55 0.76 0.00

NSHBY vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, Nisshinbo 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.


Nisshinbo Holdings Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nisshinbo Holdings's Shiller PE Ratio distribution charts can be found below:

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


NSHBY
57GF Score
Nisshinbo Holdings Inc NSHBY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nisshinbo 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, Nisshinbo Holdings'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)
=0.008/113.0000*113.0000
=0.008

Current CPI (Dec. 2025) = 113.0000.

Nisshinbo Holdings Quarterly Data

per share eps CPI Adj_EPS
201603 0.568 97.900 0.656
201606 0.206 98.100 0.237
201609 -0.110 98.000 -0.127
201612 0.237 98.400 0.272
201703 0.062 98.100 0.071
201706 1.867 98.500 2.142
201709 -0.105 98.800 -0.120
201712 0.341 99.400 0.388
201803 0.820 99.200 0.934
201806 0.059 99.200 0.067
201809 -0.067 99.900 -0.076
201812 -0.762 99.700 -0.864
201903 0.525 99.700 0.595
201906 -0.238 99.800 -0.269
201909 0.150 100.100 0.169
201912 -1.177 100.500 -1.323
202003 1.047 100.300 1.180
202006 -0.433 99.900 -0.490
202009 0.048 99.900 0.054
202012 0.882 99.300 1.004
202103 1.374 99.900 1.554
202106 0.510 99.500 0.579
202109 -0.293 100.100 -0.331
202112 1.098 100.100 1.240
202203 1.180 101.100 1.319
202206 0.141 101.800 0.157
202209 0.150 103.100 0.164
202212 0.452 104.100 0.491
202303 1.115 104.400 1.207
202306 -0.007 105.200 -0.008
202309 -2.669 106.200 -2.840
202312 -0.060 106.800 -0.063
202403 0.671 107.200 0.707
202406 0.084 108.200 0.088
202409 -0.533 108.900 -0.553
202412 0.606 110.700 0.619
202503 1.310 111.100 1.332
202506 -0.334 111.700 -0.338
202509 0.202 112.000 0.204
202512 0.008 113.000 0.008

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 $0.76 mean?
Nisshinbo Holdings (NSHBY) has a E10 of $0.76 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nisshinbo Holdings and its competitors.
Is Nisshinbo Holdings' E10 too high?
Nisshinbo Holdings' current E10 is $0.76. Overall, Nisshinbo Holdings has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nisshinbo Holdings' E10 compare to HON and MMM?
Nisshinbo Holdings' E10 of $0.76 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 Nisshinbo Holdings and its competitors. Nisshinbo Holdings's current E10 is $0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisshinbo Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nisshinbo Holdings (NSHBY) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.97, compared to a current price of $31.35 — trading 124.4% above its estimated fair value. The current E10 is $0.76. Nisshinbo Holdings' overall GF Score™ is 57/100 with 8 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 Nisshinbo Holdings (NSHBY), the current E10 is $0.76 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 Nisshinbo Holdings (NSHBY) Overvalued in 2026?

Based on GuruFocus' analysis, Nisshinbo Holdings stock appears to be overvalued. The current stock price of $31.35 is trading 124.4% above its estimated GF Value™ of $13.97. GuruFocus considers Nisshinbo Holdings to be Significantly Overvalued.

Key valuation signals for NSHBY:

  • E10: $0.76
  • GF Value™: $13.97 vs. price of $31.35 (124.4% above fair value)
  • GF Score™: 57/100 with 8 warning signs

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


Nisshinbo Holdings Business Description

Other Exchanges 3105:JapanNBO:Germany
Address 2-31-11, Ningyo-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8650
Nisshinbo Holdings Inc is a Japan-based company that is mainly engaged in electronics, automobile brakes, textiles, paper, and precision instrument businesses. The company's electronics business provides shipping navigation technology, network equipment, microwave-related products, semiconductor devices, and others. The automobile brake business manufactures friction materials and assembly products. The textile business mainly manufactures non-iron shirts, non-woven fabrics, and spandex. The paper business mainly manufactures household paper, specialty paper, and processed paper products. The precision instrument business produces plastic molding parts, precision parts, and others.
57GF Score

Get the complete analysis for NSHBY

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

$31.35
Price
$13.97
GF Value