Hokkai Electrical Construction Co (SSE:1832) E10: 円71.49 (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.

SSE:1832 Hokkai Electrical Construction Co Inc SSE:1832
64 GF Score
Price 円1,388.00
GF Value 円952.81
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Hokkai Electrical Construction Co E10?

Hokkai Electrical Construction Co SSE:1832 -0.07% 64 E10 is 円71.49 as of Mar. 2026. GuruFocus rates SSE:1832 with a GF Score™ of 64/100 and a GF Value™ of 円952.81 (Significantly Overvalued). The stock has 1 warning sign 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.

Hokkai Electrical Construction Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円81.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円71.49 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 36.20% 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 Hokkai Electrical Construction Co was 36.20% per year. The lowest was 36.20% per year. And the median was 36.20% per year.

As of today (2026-08-29), Hokkai Electrical Construction Co's current stock price is 円1388.00. Hokkai Electrical Construction Co's E10 for the quarter that ended in Mar. 2026 was 円71.49. Hokkai Electrical Construction Co's Shiller PE Ratio of today is 19.42.

During the past 13 years, the highest Shiller PE Ratio of Hokkai Electrical Construction Co was 38.57. The lowest was 14.40. And the median was 21.46.


Hokkai Electrical Construction Co  (SSE:1832) 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.

Hokkai Electrical Construction Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1388.00/71.49
=19.42

* 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 Hokkai Electrical Construction Co was 38.57. The lowest was 14.40. And the median was 21.46.


Be Aware

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


Hokkai Electrical Construction Co E10 Related Terms


Hokkai Electrical Construction Co E10 Historical Data

* Premium members only.

The historical data trend for Hokkai Electrical Construction 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.

Hokkai Electrical Construction Co E10 Chart

Hokkai Electrical Construction 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 0.00 28.27 38.50 0.00 71.49

Hokkai Electrical Construction Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 56.60 60.60 66.09 71.49 0.00

SSE:1832 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Hokkai Electrical Construction 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.


Hokkai Electrical Construction Co Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Hokkai Electrical Construction Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hokkai Electrical Construction Co's Shiller PE Ratio falls into.


SSE:1832
64GF Score
Hokkai Electrical Construction Co Inc SSE:1832
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokkai Electrical Construction 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, Hokkai Electrical Construction 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)
=81.65/112.7000*112.7000
=81.650

Current CPI (Mar. 2026) = 112.7000.

Hokkai Electrical Construction Co Quarterly Data

per share eps CPI Adj_EPS
201603 34.940 97.900 40.222
201606 -20.520 98.100 -23.574
201609 -5.050 98.000 -5.808
201612 17.169 98.400 19.664
201703 41.560 98.100 47.745
201706 -9.220 98.500 -10.549
201709 12.498 98.800 14.256
201712 17.736 99.400 20.109
201803 32.516 99.200 36.941
201806 -19.520 99.200 -22.176
201809 -5.470 99.900 -6.171
201812 36.458 99.700 41.212
201903 35.050 99.700 39.620
201906 -25.760 99.800 -29.090
201909 13.170 100.100 14.828
201912 42.050 100.500 47.155
202003 22.680 100.300 25.484
202006 -20.240 99.900 -22.833
202009 6.130 99.900 6.915
202012 18.920 99.300 21.473
202103 23.940 99.900 27.007
202106 -10.760 99.500 -12.187
202109 12.211 100.100 13.748
202112 26.691 100.100 30.051
202203 19.460 101.100 21.693
202206 -16.040 101.800 -17.757
202209 7.900 103.100 8.636
202212 20.996 104.100 22.731
202303 32.386 104.400 34.961
202306 -6.100 105.200 -6.535
202309 13.563 106.200 14.393
202312 37.599 106.800 39.676
202403 52.350 107.200 55.036
202406 12.140 108.200 12.645
202409 17.360 108.900 17.966
202503 0.000 111.100 0.000
202506 16.200 111.700 16.345
202509 22.500 112.000 22.641
202512 59.100 113.000 58.943
202603 81.650 112.700 81.650

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 円71.49 mean?
Hokkai Electrical Construction Co (SSE:1832) has a E10 of 円71.49 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hokkai Electrical Construction Co and its competitors.
Is Hokkai Electrical Construction Co's E10 too high?
Hokkai Electrical Construction Co's current E10 is 円71.49. Overall, Hokkai Electrical Construction Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokkai Electrical Construction Co's E10 compare to PWR and FIX?
Hokkai Electrical Construction Co's E10 of 円71.49 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Hokkai Electrical Construction Co and its competitors. Hokkai Electrical Construction Co's current E10 is 円71.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokkai Electrical Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Hokkai Electrical Construction Co (SSE:1832) is currently considered Significantly Overvalued. The stock's GF Value™ is 円952.81, compared to a current price of 円1,388.00 — trading 45.7% above its estimated fair value. The current E10 is 円71.49. Hokkai Electrical Construction Co's overall GF Score™ is 64/100 with 1 warning sign 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 Hokkai Electrical Construction Co (SSE:1832), the current E10 is 円71.49 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 Hokkai Electrical Construction Co (SSE:1832) Overvalued in 2026?

Based on GuruFocus' analysis, Hokkai Electrical Construction Co stock appears to be overvalued. The current stock price of 円1,388.00 is trading 45.7% above its estimated GF Value™ of 円952.81. GuruFocus considers Hokkai Electrical Construction Co to be Significantly Overvalued.

Key valuation signals for SSE:1832:

  • E10: 円71.49
  • GF Value™: 円952.81 vs. price of 円1,388.00 (45.7% above fair value)
  • GF Score™: 64/100 with 1 warning sign

No single metric tells the full story. See the SSE:1832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokkai Electrical Construction Co Business Description

Address No. 8 No. 21 1-chome, Sapporo Shiroishi-ku, Kikusui Article 2, Sapporo, JPN, 003-8531
Hokkai Electrical Construction Co Inc manufactures electrical equipment and mechanical equipment. The company also manufactures power generation equipment such as photovoltaic power generation and wind power generation, interconnection equipment of low pressure, high pressure, special high pressure for interconnecting to the electric power system, and system requirement equipment such as storage battery installation. The company provides power distribution facility and telecommunications network facility.
64GF Score

Get the complete analysis for SSE:1832

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

円1,388.00
Price
円952.81
GF Value