SBSOF (SBS Holdings) E10: $1.06 (As of Dec. 2025)


SBSOF SBS Holdings Inc SBSOF
69 GF Score
Price $18.00
GF Value $14.13
! 2 Warning Signs
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What is SBS Holdings E10?

SBS Holdings SBSOF 69 E10 is $1.06 as of Dec. 2025. GuruFocus rates SBSOF with a GF Score™ of 69/100 and a GF Value™ of $14.13. 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.

SBS Holdings's adjusted earnings per share data for the three months ended in Dec. 2025 was $0.349. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.06 for the trailing ten years ended in Dec. 2025.

During the past 12 months, SBS Holdings's average E10 Growth Rate was 25.20% per year. During the past 3 years, the average E10 Growth Rate was 19.40% per year. During the past 5 years, the average E10 Growth Rate was 21.80% 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 SBS Holdings was 24.30% per year. The lowest was 18.90% per year. And the median was 20.50% per year.

As of today (2026-07-01), SBS Holdings's current stock price is $18.00. SBS Holdings's E10 for the quarter that ended in Dec. 2025 was $1.06. SBS Holdings's Shiller PE Ratio of today is 16.98.

During the past 13 years, the highest Shiller PE Ratio of SBS Holdings was 42.17. The lowest was 12.94. And the median was 24.17.


SBS Holdings  (OTCPK:SBSOF) 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.

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

Shiller PE Ratio=Share Price/E10
=18.00/1.06
=16.98

* 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 SBS Holdings was 42.17. The lowest was 12.94. And the median was 24.17.


Be Aware

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


SBS Holdings E10 Related Terms


SBS Holdings E10 Historical Data

* Premium members only.

The historical data trend for SBS 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.

SBS Holdings E10 Chart

SBS Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.14 1.35 1.06

SBS 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 1.10 1.12 0.95 1.06 0.00

SBSOF vs UPS, FDX, JBHT: E10 Comparison

For the Integrated Freight & Logistics subindustry, SBS 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.


SBS Holdings Shiller PE Ratio vs Transportation Industry

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

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


SBSOF
69GF Score
SBS Holdings Inc SBSOF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SBS 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, SBS 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)
=0.349/113.0000*113.0000
=0.349

Current CPI (Dec. 2025) = 113.0000.

SBS Holdings Quarterly Data

per share eps CPI Adj_EPS
201603 0.162 97.900 0.187
201606 0.782 98.100 0.901
201609 0.147 98.000 0.170
201612 0.112 98.400 0.129
201703 0.143 98.100 0.165
201706 0.176 98.500 0.202
201709 0.349 98.800 0.399
201712 0.332 99.400 0.377
201803 0.120 99.200 0.137
201806 0.164 99.200 0.187
201809 0.141 99.900 0.159
201812 0.575 99.700 0.652
201903 0.511 99.700 0.579
201906 0.256 99.800 0.290
201909 0.321 100.100 0.362
201912 0.312 100.500 0.351
202003 0.719 100.300 0.810
202006 0.248 99.900 0.281
202009 0.294 99.900 0.333
202012 0.355 99.300 0.404
202103 0.514 99.900 0.581
202106 1.278 99.500 1.451
202109 0.448 100.100 0.506
202112 0.226 100.100 0.255
202203 0.673 101.100 0.752
202206 -0.240 101.800 -0.266
202209 0.437 103.100 0.479
202212 1.372 104.100 1.489
202303 1.283 104.400 1.389
202306 0.245 105.200 0.263
202309 0.204 106.200 0.217
202312 0.117 106.800 0.124
202403 0.821 107.200 0.865
202406 0.251 108.200 0.262
202409 0.193 108.900 0.200
202412 0.338 110.700 0.345
202503 0.191 111.100 0.194
202506 0.284 111.700 0.287
202509 1.169 112.000 1.179
202512 0.349 113.000 0.349

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 $1.06 mean?
SBS Holdings (SBSOF) has a E10 of $1.06 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SBS Holdings and its competitors.
Is SBS Holdings' E10 too high?
SBS Holdings' current E10 is $1.06. Overall, SBS Holdings has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does SBS Holdings' E10 compare to UPS and FDX?
SBS Holdings' E10 of $1.06 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 SBS Holdings and its competitors. SBS Holdings's current E10 is $1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBS Holdings stock overvalued right now?
SBS Holdings (SBSOF) has a current E10 of $1.06. The stock's GF Value™ is $14.13, compared to a current price of $18.00 — trading 27.4% above its estimated fair value. The current E10 is $1.06. SBS Holdings' overall GF Score™ is 69/100 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 SBS Holdings (SBSOF), the current E10 is $1.06 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 SBS Holdings (SBSOF) Overvalued in 2026?

Based on GuruFocus' analysis, SBS Holdings stock appears to be overvalued. The current stock price of $18.00 is trading 27.4% above its estimated GF Value™ of $14.13.

Key valuation signals for SBSOF:

  • E10: $1.06
  • GF Value™: $14.13 vs. price of $18.00 (27.4% above fair value)
  • GF Score™: 69/100 with 2 warning signs

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


SBS Holdings Business Description

Other Exchanges 2384:Japan
Address 17-1, Nishi-Shinjuku 8-chome, Shinjuku-ku, Tokyo, JPN, 160-0023
SBS Holdings Inc is engaged in the provision of logistics and related services. The company's operating business includes logistics, real-estate, and others. Its logistics business is involved in the transportation and delivery of raw materials, and the storage associated with it, handling, packaging, and distribution processing services. The real-estate business consists of rental and leasing of real estate properties. Its other business comprises of human resources, environment-related, marketing and other related business services.
69GF Score

Get the complete analysis for SBSOF

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

$18.00
Price
$14.13
GF Value