SETUF (Shin-Etsu Polymer Co) E10: $0.47 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SETUF Shin-Etsu Polymer Co Ltd SETUF
90 GF Score
Price $9.76
GF Value $7.16
! 6 Warning Signs
View Full Analysis

What is Shin-Etsu Polymer Co E10?

Shin-Etsu Polymer Co SETUF -1.05% 90 E10 is $0.47 as of Mar. 2026. GuruFocus rates SETUF with a GF Score™ of 90/100 and a GF Value™ of $7.16. 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.

Shin-Etsu Polymer Co's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.125. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.47 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shin-Etsu Polymer Co's average E10 Growth Rate was 10.80% per year. During the past 3 years, the average E10 Growth Rate was 15.40% per year. During the past 5 years, the average E10 Growth Rate was 18.60% 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 Shin-Etsu Polymer Co was 22.80% per year. The lowest was 15.40% per year. And the median was 19.10% per year.

As of today (2026-07-21), Shin-Etsu Polymer Co's current stock price is $9.76. Shin-Etsu Polymer Co's E10 for the quarter that ended in Mar. 2026 was $0.47. Shin-Etsu Polymer Co's Shiller PE Ratio of today is 20.77.

During the past 13 years, the highest Shiller PE Ratio of Shin-Etsu Polymer Co was 67.08. The lowest was 16.10. And the median was 23.69.


Shin-Etsu Polymer Co  (OTCPK:SETUF) 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.

Shin-Etsu Polymer Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.76/0.47
=20.77

* 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 Shin-Etsu Polymer Co was 67.08. The lowest was 16.10. And the median was 23.69.


Be Aware

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


Shin-Etsu Polymer Co E10 Related Terms


Shin-Etsu Polymer Co E10 Historical Data

* Premium members only.

The historical data trend for Shin-Etsu Polymer 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.

Shin-Etsu Polymer Co E10 Chart

Shin-Etsu Polymer 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 0.15 0.14 0.16 0.55 0.47

Shin-Etsu Polymer 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 0.55 0.49 0.45 0.45 0.47

SETUF vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Shin-Etsu Polymer 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.


Shin-Etsu Polymer Co Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shin-Etsu Polymer Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Shin-Etsu Polymer Co's Shiller PE Ratio falls into.


SETUF
90GF Score
Shin-Etsu Polymer Co Ltd SETUF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin-Etsu Polymer 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, Shin-Etsu Polymer 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)
=0.125/112.7000*112.7000
=0.125

Current CPI (Mar. 2026) = 112.7000.

Shin-Etsu Polymer Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.096 98.100 0.110
201609 0.163 98.000 0.187
201612 0.124 98.400 0.142
201703 0.093 98.100 0.107
201706 0.138 98.500 0.158
201709 0.142 98.800 0.162
201712 0.172 99.400 0.195
201803 0.149 99.200 0.169
201806 0.160 99.200 0.182
201809 0.168 99.900 0.190
201812 0.195 99.700 0.220
201903 0.142 99.700 0.161
201906 0.147 99.800 0.166
201909 0.204 100.100 0.230
201912 0.188 100.500 0.211
202003 0.178 100.300 0.200
202006 0.144 99.900 0.162
202009 0.105 99.900 0.118
202012 0.158 99.300 0.179
202103 0.120 99.900 0.135
202106 0.203 99.500 0.230
202109 0.188 100.100 0.212
202112 0.234 100.100 0.263
202203 0.069 101.100 0.077
202206 0.249 101.800 0.276
202209 0.200 103.100 0.219
202212 0.237 104.100 0.257
202303 0.082 104.400 0.089
202306 0.200 105.200 0.214
202309 0.192 106.200 0.204
202312 0.191 106.800 0.202
202403 0.150 107.200 0.158
202406 0.177 108.200 0.184
202409 0.200 108.900 0.207
202412 0.220 110.700 0.224
202503 0.174 111.100 0.177
202506 0.266 111.700 0.268
202509 0.198 112.000 0.199
202512 0.223 113.000 0.222
202603 0.125 112.700 0.125

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 $0.47 mean?
Shin-Etsu Polymer Co (SETUF) has a E10 of $0.47 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shin-Etsu Polymer Co and its competitors.
Is Shin-Etsu Polymer Co's E10 too high?
Shin-Etsu Polymer Co's current E10 is $0.47. Overall, Shin-Etsu Polymer Co has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Shin-Etsu Polymer Co's E10 compare to LIN and SHW?
Shin-Etsu Polymer Co's E10 of $0.47 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Shin-Etsu Polymer Co and its competitors. Shin-Etsu Polymer Co's current E10 is $0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin-Etsu Polymer Co stock overvalued right now?
Shin-Etsu Polymer Co (SETUF) has a current E10 of $0.47. The stock's GF Value™ is $7.16, compared to a current price of $9.76 — trading 36.3% above its estimated fair value. The current E10 is $0.47. Shin-Etsu Polymer Co's overall GF Score™ is 90/100 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 Shin-Etsu Polymer Co (SETUF), the current E10 is $0.47 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 Shin-Etsu Polymer Co (SETUF) Overvalued in 2026?

Based on GuruFocus' analysis, Shin-Etsu Polymer Co stock appears to be overvalued. The current stock price of $9.76 is trading 36.3% above its estimated GF Value™ of $7.16.

Key valuation signals for SETUF:

  • E10: $0.47
  • GF Value™: $7.16 vs. price of $9.76 (36.3% above fair value)
  • GF Score™: 90/100 with 6 warning signs

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


Shin-Etsu Polymer Co Business Description

Other Exchanges 7970:Japan
Address Sotetsu Kandasudacho Building, 1-9 Kanda-Sudacho, Chiyoda-ku, Tokyo, JPN, 101-0041
Shin-Etsu Polymer Co Ltd manufactures polyvinyl and rubber products. The company develops applications for using the silicone and various plastics involving materials and compounding, design, molding processes, and evaluation and analysis and meets the needs of customers engaged in the field from automobiles and information devices to semiconductors and construction materials. Shin-Etsu sells its products mainly to the electronic devices industry, housing and living materials industry, precision molding products industry and others but majority of the revenues are derived from precision molding products which includes shipping and carrying containers for semiconductor silicon wafers, materials for automatic mounting of electronic components, office automation device components.
90GF Score

Get the complete analysis for SETUF

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

$9.76
Price
$7.16
GF Value