Nippon Gas Co (STU:NG0) E10: €0.47 (As of Jun. 2026)

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STU:NG0 Nippon Gas Co Ltd STU:NG0
78 GF Score
Price €17.00
GF Value €15.86
! 7 Warning Signs
View Full Analysis

What is Nippon Gas Co E10?

Nippon Gas Co STU:NG0 +2.41% 78 E10 is €0.47 as of Jun. 2026. GuruFocus rates STU:NG0 with a GF Score™ of 78/100 and a GF Value™ of €15.86. The stock has 7 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.

Nippon Gas Co's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.131. 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 Jun. 2026.

During the past 12 months, Nippon Gas Co's average E10 Growth Rate was 10.00% per year. During the past 3 years, the average E10 Growth Rate was 8.50% per year. During the past 5 years, the average E10 Growth Rate was 10.10% 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 Nippon Gas Co was 13.00% per year. The lowest was 8.50% per year. And the median was 10.20% per year.

As of today (2026-09-14), Nippon Gas Co's current stock price is €17.00. Nippon Gas Co's E10 for the quarter that ended in Jun. 2026 was €0.47. Nippon Gas Co's Shiller PE Ratio of today is 36.17.

During the past 13 years, the highest Shiller PE Ratio of Nippon Gas Co was 52.34. The lowest was 20.01. And the median was 32.15.


Nippon Gas Co  (STU:NG0) 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.

Nippon Gas Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=17.00/0.47
=36.17

* 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 Nippon Gas Co was 52.34. The lowest was 20.01. And the median was 32.15.


Be Aware

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


Nippon Gas Co E10 Related Terms


Nippon Gas Co E10 Historical Data

* Premium members only.

The historical data trend for Nippon Gas 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.

Nippon Gas Co E10 Chart

Nippon Gas 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 0.46 0.43 0.48 0.48

Nippon Gas Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.46 0.46 0.45 0.48 0.47

STU:NG0 vs ATO, NI: E10 Comparison

For the Utilities - Regulated Gas subindustry, Nippon Gas 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.


Nippon Gas Co Shiller PE Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Nippon Gas Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nippon Gas Co's Shiller PE Ratio falls into.


STU:NG0
78GF Score
Nippon Gas Co Ltd STU:NG0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Gas 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, Nippon Gas Co's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.131/113.6000*113.6000
=0.131

Current CPI (Jun. 2026) = 113.6000.

Nippon Gas Co Quarterly Data

per share eps CPI Adj_EPS
201609 0.013 98.000 0.015
201612 0.088 98.400 0.102
201703 0.156 98.100 0.181
201706 0.103 98.500 0.119
201709 -0.033 98.800 -0.038
201712 0.120 99.400 0.137
201803 0.278 99.200 0.318
201806 0.062 99.200 0.071
201809 -0.038 99.900 -0.043
201812 0.037 99.700 0.042
201903 0.208 99.700 0.237
201906 0.142 99.800 0.162
201909 -0.010 100.100 -0.011
201912 0.083 100.500 0.094
202003 0.311 100.300 0.352
202006 0.182 99.900 0.207
202009 -0.015 99.900 -0.017
202012 0.137 99.300 0.157
202103 0.319 99.900 0.363
202106 0.114 99.500 0.130
202109 0.045 100.100 0.051
202112 0.183 100.100 0.208
202203 0.319 101.100 0.358
202206 0.164 101.800 0.183
202209 -0.048 103.100 -0.053
202212 0.142 104.100 0.155
202303 0.390 104.400 0.424
202306 0.165 105.200 0.178
202309 0.023 106.200 0.025
202312 0.191 106.800 0.203
202403 0.226 107.200 0.239
202406 0.077 108.200 0.081
202409 0.009 108.900 0.009
202412 0.241 110.700 0.247
202503 0.318 111.100 0.325
202506 0.145 111.700 0.147
202509 0.043 112.000 0.044
202512 0.211 113.000 0.212
202603 0.363 112.700 0.366
202606 0.131 113.600 0.131

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?
Nippon Gas Co (STU:NG0) has a E10 of €0.47 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nippon Gas Co and its competitors.
Is Nippon Gas Co's E10 too high?
Nippon Gas Co's current E10 is €0.47. Overall, Nippon Gas Co has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Gas Co's E10 compare to ATO and NI?
Nippon Gas Co's E10 of €0.47 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good E10 depends on the Utilities - Regulated 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 Nippon Gas Co and its competitors. Nippon Gas 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 Nippon Gas Co stock overvalued right now?
Nippon Gas Co (STU:NG0) has a current E10 of €0.47. The stock's GF Value™ is €15.86, compared to a current price of €17.00 — trading 7.2% above its estimated fair value. The current E10 is €0.47. Nippon Gas Co's overall GF Score™ is 78/100 with 7 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 Nippon Gas Co (STU:NG0), the current E10 is €0.47 as of Jun. 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 Nippon Gas Co (STU:NG0) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Gas Co stock appears to be overvalued. The current stock price of €17.00 is trading 7.2% above its estimated GF Value™ of €15.86.

Key valuation signals for STU:NG0:

  • E10: €0.47
  • GF Value™: €15.86 vs. price of €17.00 (7.2% above fair value)
  • GF Score™: 78/100 with 7 warning signs

No single metric tells the full story. See the STU:NG0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Gas Co Business Description

Other Exchanges NPNGY:USA8174:Japan
Address 10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540
Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.
78GF Score

Get the complete analysis for STU:NG0

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

€17.00
Price
€15.86
GF Value