T.O. Holdings Co (SSE:9812) E10: 円0.00 (As of Feb. 2026)

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Director of Data and Quant Analytics at GuruFocus
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SSE:9812 T.O. Holdings Co Ltd SSE:9812
46 GF Score
Price 円226.00
GF Value 円292.04
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is T.O. Holdings Co E10?

T.O. Holdings Co SSE:9812 -0.88% 46 E10 is 円0.00 as of Feb. 2026. GuruFocus rates SSE:9812 with a GF Score™ of 46/100 and a GF Value™ of 円292.04 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

T.O. Holdings Co's adjusted earnings per share data for the three months ended in Feb. 2026 was 円-26.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円0.00 for the trailing ten years ended in Feb. 2026.

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 T.O. Holdings Co was 6.70% per year. The lowest was -13.90% per year. And the median was -10.40% per year.

As of today (2026-07-17), T.O. Holdings Co's current stock price is 円226.00. T.O. Holdings Co's E10 for the quarter that ended in Feb. 2026 was 円0.00. T.O. Holdings Co's Shiller PE Ratio of today is .


T.O. Holdings Co  (SSE:9812) 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.


Be Aware

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


T.O. Holdings Co E10 Related Terms


T.O. Holdings Co E10 Historical Data

* Premium members only.

The historical data trend for T.O. Holdings 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.

T.O. Holdings Co E10 Chart

T.O. Holdings Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

T.O. Holdings Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 0.00 0.00 0.00

SSE:9812 vs : E10 Comparison

For the Building Materials subindustry, T.O. Holdings 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.


T.O. Holdings Co Shiller PE Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, T.O. Holdings Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where T.O. Holdings Co's Shiller PE Ratio falls into.


SSE:9812
46GF Score
T.O. Holdings Co Ltd SSE:9812
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T.O. Holdings 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, T.O. Holdings Co's adjusted earnings per share data for the three months ended in Feb. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=-26.92/326.7850*326.7850
=-26.920

Current CPI (Feb. 2026) = 326.7850.

T.O. Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201511 10.690 237.336 14.719
201602 -29.097 237.111 -40.101
201605 2.709 240.229 3.685
201608 28.780 240.849 39.049
201611 2.890 241.353 3.913
201702 -17.634 243.603 -23.655
201705 -81.620 244.733 -108.985
201708 -11.060 245.519 -14.721
201711 -29.011 246.669 -38.434
201802 -36.238 248.991 -47.560
201805 -127.000 251.588 -164.959
201808 -11.470 252.146 -14.865
201811 37.000 252.038 47.973
201902 -21.250 252.776 -27.472
201905 -45.388 256.092 -57.917
201908 -35.570 256.558 -45.306
201911 20.346 257.208 25.850
202002 -47.430 258.678 -59.918
202005 -238.720 256.394 -304.259
202008 13.220 259.918 16.621
202011 -10.955 260.229 -13.757
202102 -24.300 263.014 -30.192
202105 41.266 269.195 50.094
202108 -9.220 273.567 -11.014
202111 7.060 277.948 8.300
202202 -6.681 283.716 -7.695
202205 4.430 292.296 4.953
202208 -3.660 296.171 -4.038
202211 8.570 297.711 9.407
202302 -16.500 300.840 -17.923
202305 -69.810 304.127 -75.011
202308 24.920 307.026 26.524
202311 -39.240 307.051 -41.762
202402 6.749 310.326 7.107
202405 24.970 314.069 25.981
202411 0.000 315.493 0.000
202505 0.000 321.465 0.000
202508 -4.810 323.976 -4.852
202511 0.170 324.122 0.171
202602 -26.920 326.785 -26.920

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0.00 mean?
T.O. Holdings Co (SSE:9812) has a E10 of 円0.00 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on T.O. Holdings Co and its competitors.
Is T.O. Holdings Co's E10 too high?
T.O. Holdings Co's current E10 is 円0.00. Overall, T.O. Holdings Co has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does T.O. Holdings Co's E10 compare to ?
T.O. Holdings Co's E10 of 円0.00 can be compared against companies in the Building Materials 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 Building Materials company?
A good E10 depends on the Building Materials 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 T.O. Holdings Co and its competitors. T.O. Holdings Co's current E10 is 円0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T.O. Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, T.O. Holdings Co (SSE:9812) is currently considered Modestly Undervalued. The stock's GF Value™ is 円292.04, compared to a current price of 円226.00 — trading 22.6% below its estimated fair value. The current E10 is 円0.00. T.O. Holdings Co's overall GF Score™ is 46/100 with 4 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 T.O. Holdings Co (SSE:9812), the current E10 is 円0.00 as of Feb. 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 T.O. Holdings Co (SSE:9812) Overvalued in 2026?

Based on GuruFocus' analysis, T.O. Holdings Co stock appears to be undervalued. The current stock price of 円226.00 is trading 22.6% below its estimated GF Value™ of 円292.04. GuruFocus considers T.O. Holdings Co to be Modestly Undervalued.

Key valuation signals for SSE:9812:

  • E10: 円0.00
  • GF Value™: 円292.04 vs. price of 円226.00 (22.6% below fair value)
  • GF Score™: 46/100 with 4 warning signs

No single metric tells the full story. See the SSE:9812 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T.O. Holdings Co Business Description

Comparable Companies
Other Exchanges 9812:Japan
Address 3 - chome 18-15, Hokkaido Minato-cho, Hakodate, JPN, 041-8610
T.O. Holdings Co Ltd is engaged in the sale of timbers, clothing, wood materials, furniture and electrical appliances. Its segments include Lumber, Distribution, Housing, Construction, Real Estate Leasing, Automobile and Services.
46GF Score

Get the complete analysis for SSE:9812

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

円226.00
Price
円292.04
GF Value