RSNHF (Resona Holdings) E10: $0.55 (As of Mar. 2026)


RSNHF Resona Holdings Inc RSNHF
54 GF Score
Price $13.08
GF Value $7.99
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Resona Holdings E10?

Resona Holdings RSNHF +4.81% 54 E10 is $0.55 as of Mar. 2026. GuruFocus rates RSNHF with a GF Score™ of 54/100 and a GF Value™ of $7.99 (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.

Resona Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.103. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.55 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Resona Holdings's average E10 Growth Rate was 4.90% per year. During the past 3 years, the average E10 Growth Rate was 2.70% per year. During the past 5 years, the average E10 Growth Rate was 0.20% 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 Resona Holdings was 2.70% per year. The lowest was -2.30% per year. And the median was 0.20% per year.

As of today (2026-07-05), Resona Holdings's current stock price is $13.075. Resona Holdings's E10 for the quarter that ended in Mar. 2026 was $0.55. Resona Holdings's Shiller PE Ratio of today is 23.77.

During the past 13 years, the highest Shiller PE Ratio of Resona Holdings was 27.44. The lowest was 3.94. And the median was 7.57.


Resona Holdings  (OTCPK:RSNHF) 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.

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

Shiller PE Ratio=Share Price/E10
=13.075/0.55
=23.77

* 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 Resona Holdings was 27.44. The lowest was 3.94. And the median was 7.57.


Be Aware

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


Resona Holdings E10 Related Terms


Resona Holdings E10 Historical Data

* Premium members only.

The historical data trend for Resona 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.

Resona Holdings E10 Chart

Resona Holdings 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 0.67 0.56 0.50 0.54 0.55

Resona 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 0.54 0.52 0.54 0.55 0.55

Resona Holdings E10 Competitor Comparison

For the Banks - Regional subindustry, Resona 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.


Resona Holdings Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Resona Holdings's Shiller PE Ratio distribution charts can be found below:

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


RSNHF
54GF Score
Resona Holdings Inc RSNHF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Resona 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, Resona Holdings'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)
=0.103/112.7000*112.7000
=0.103

Current CPI (Mar. 2026) = 112.7000.

Resona Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.196 98.100 0.225
201609 0.192 98.000 0.221
201612 0.120 98.400 0.137
201703 0.114 98.100 0.131
201706 0.145 98.500 0.166
201709 0.215 98.800 0.245
201712 0.416 99.400 0.472
201803 0.130 99.200 0.148
201806 0.274 99.200 0.311
201809 0.201 99.900 0.227
201812 0.073 99.700 0.083
201903 0.132 99.700 0.149
201906 0.147 99.800 0.166
201909 0.163 100.100 0.184
201912 0.117 100.500 0.131
202003 0.187 100.300 0.210
202006 0.088 99.900 0.099
202009 0.143 99.900 0.161
202012 0.171 99.300 0.194
202103 0.109 99.900 0.123
202106 0.126 99.500 0.143
202109 0.174 100.100 0.196
202112 0.166 100.100 0.187
202203 -0.056 101.100 -0.062
202206 0.106 101.800 0.117
202209 0.143 103.100 0.156
202212 0.128 104.100 0.139
202303 0.116 104.400 0.125
202306 0.106 105.200 0.114
202309 0.136 106.200 0.144
202312 0.094 106.800 0.099
202403 0.128 107.200 0.135
202406 0.151 108.200 0.157
202409 0.178 108.900 0.184
202412 0.155 110.700 0.158
202503 0.129 111.100 0.131
202506 0.213 111.700 0.215
202509 0.215 112.000 0.216
202512 0.224 113.000 0.223
202603 0.103 112.700 0.103

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 $0.55 mean?
Resona Holdings (RSNHF) has a E10 of $0.55 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Resona Holdings and its competitors.
Is Resona Holdings' E10 too high?
Resona Holdings' current E10 is $0.55. Overall, Resona Holdings has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Resona Holdings' E10 compare to competitors?
Resona Holdings' E10 of $0.55 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 Resona Holdings and its competitors. Resona Holdings's current E10 is $0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resona Holdings stock overvalued right now?
Based on GuruFocus' analysis, Resona Holdings (RSNHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.99, compared to a current price of $13.08 — trading 63.6% above its estimated fair value. The current E10 is $0.55. Resona Holdings' overall GF Score™ is 54/100 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 Resona Holdings (RSNHF), the current E10 is $0.55 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 Resona Holdings (RSNHF) Overvalued in 2026?

Based on GuruFocus' analysis, Resona Holdings stock appears to be overvalued. The current stock price of $13.08 is trading 63.6% above its estimated GF Value™ of $7.99. GuruFocus considers Resona Holdings to be Significantly Overvalued.

Key valuation signals for RSNHF:

  • E10: $0.55
  • GF Value™: $7.99 vs. price of $13.08 (63.6% above fair value)
  • GF Score™: 54/100 with 6 warning signs

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


Resona Holdings Business Description

Address 1-5-65 Kiba, Fukagawa Gatharia W2 Building, Koto-ku, Tokyo, JPN, 135-8582
Resona Holdings is one of the top six Japanese banking groups by assets. Although its banking units are categorized in Japan as "city" banks for historical reasons, it is only around a third of the size of the three megabank groups and effectively a superregional bank operating mainly in the Kansai region (54% of its branches) and the Tokyo metropolitan area (43% of branches), with a strong focus on retail and small and medium-size enterprises, rather than lending to large corporates.
54GF Score

Get the complete analysis for RSNHF

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

$13.08
Price
$7.99
GF Value