Toray Industries (STU:TOR1) E10: €0.29 (As of Mar. 2026)


STU:TOR1 Toray Industries Inc STU:TOR1
76 GF Score
Price €6.16
GF Value €5.52
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Toray Industries E10?

Toray Industries STU:TOR1 -0.68% 76 E10 is €0.29 as of Mar. 2026. GuruFocus rates STU:TOR1 with a GF Score™ of 76/100 and a GF Value™ of €5.52 (Modestly Overvalued). 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.

Toray Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.144. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Toray Industries's average E10 Growth Rate was -0.80% per year. During the past 3 years, the average E10 Growth Rate was 0.10% per year. During the past 5 years, the average E10 Growth Rate was 2.00% per year. During the past 10 years, the average E10 Growth Rate was 6.00% 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 Toray Industries was 14.10% per year. The lowest was 0.10% per year. And the median was 4.00% per year.

As of today (2026-07-11), Toray Industries's current stock price is €6.16. Toray Industries's E10 for the quarter that ended in Mar. 2026 was €0.29. Toray Industries's Shiller PE Ratio of today is 21.24.

During the past 13 years, the highest Shiller PE Ratio of Toray Industries was 34.63. The lowest was 8.42. And the median was 17.14.


Toray Industries  (STU:TOR1) 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.

Toray Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.16/0.29
=21.24

* 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 Toray Industries was 34.63. The lowest was 8.42. And the median was 17.14.


Be Aware

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


Toray Industries E10 Related Terms


Toray Industries E10 Historical Data

* Premium members only.

The historical data trend for Toray Industries'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.

Toray Industries E10 Chart

Toray Industries 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 0.35 0.35 0.30 0.32 0.29

Toray Industries 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 0.32 0.30 0.29 0.27 0.29

Toray Industries E10 Competitor Comparison

For the Textile Manufacturing subindustry, Toray Industries'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.


Toray Industries Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toray Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Toray Industries's Shiller PE Ratio falls into.


STU:TOR1
76GF Score
Toray Industries Inc STU:TOR1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toray Industries 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, Toray Industries'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)
=0.144/112.7000*112.7000
=0.144

Current CPI (Mar. 2026) = 112.7000.

Toray Industries Quarterly Data

per share eps CPI Adj_EPS
201606 0.157 98.100 0.180
201609 0.130 98.000 0.150
201612 0.120 98.400 0.137
201703 0.117 98.100 0.134
201706 0.131 98.500 0.150
201709 0.101 98.800 0.115
201712 0.141 99.400 0.160
201803 0.087 99.200 0.099
201806 0.111 99.200 0.126
201809 0.123 99.900 0.139
201812 0.161 99.700 0.182
201903 -0.010 99.700 -0.011
201906 0.129 99.800 0.146
201909 0.132 100.100 0.149
201912 0.124 100.500 0.139
202003 0.049 100.300 0.055
202006 0.049 99.900 0.055
202009 -0.025 99.900 -0.028
202012 0.116 99.300 0.132
202103 0.086 99.900 0.097
202106 0.138 99.500 0.156
202109 0.148 100.100 0.167
202112 0.138 100.100 0.155
202203 -0.024 101.100 -0.027
202206 0.176 101.800 0.195
202209 0.084 103.100 0.092
202212 0.067 104.100 0.073
202303 -0.008 104.400 -0.009
202306 0.057 105.200 0.061
202309 0.059 106.200 0.063
202312 0.067 106.800 0.071
202403 -0.091 107.200 -0.096
202406 0.099 108.200 0.103
202409 0.113 108.900 0.117
202412 0.076 110.700 0.077
202503 0.012 111.100 0.012
202506 0.067 111.700 0.068
202509 0.075 112.000 0.075
202512 0.013 113.000 0.013
202603 0.144 112.700 0.144

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 €0.29 mean?
Toray Industries (STU:TOR1) has a E10 of €0.29 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Toray Industries and its competitors.
Is Toray Industries' E10 too high?
Toray Industries' current E10 is €0.29. Overall, Toray Industries has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toray Industries' E10 compare to competitors?
Toray Industries' E10 of €0.29 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Toray Industries and its competitors. Toray Industries's current E10 is €0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toray Industries stock overvalued right now?
Based on GuruFocus' analysis, Toray Industries (STU:TOR1) is currently considered Modestly Overvalued. The stock's GF Value™ is €5.52, compared to a current price of €6.16 — trading 11.6% above its estimated fair value. The current E10 is €0.29. Toray Industries' overall GF Score™ is 76/100 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 Toray Industries (STU:TOR1), the current E10 is €0.29 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 Toray Industries (STU:TOR1) Overvalued in 2026?

Based on GuruFocus' analysis, Toray Industries stock appears to be overvalued. The current stock price of €6.16 is trading 11.6% above its estimated GF Value™ of €5.52. GuruFocus considers Toray Industries to be Modestly Overvalued.

Key valuation signals for STU:TOR1:

  • E10: €0.29
  • GF Value™: €5.52 vs. price of €6.16 (11.6% above fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the STU:TOR1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toray Industries Business Description

Address 2-1-1 Muromachi, Nihonbashi Mitsui Tower, Chuo-ku, Tokyo, JPN, 103-8666
Toray Industries Inc is a Japan-based company engaged in the textile business, functional chemicals business, carbon fiber composite materials, and other businesses. The Carbon Fiber Composite Materials segment covers carbon fiber, composites, and molded products. The Environment and Engineering segment includes membranes for water treatment, general engineering, industrial machinery, housing, and construction materials. The Functional Chemicals segment handles resins, foams, films, fine chemicals, and electronic materials. The Life Science segment focuses on pharmaceuticals and medical devices. The Textile segment provides fibers, fabrics, non-woven and apparel products, while Others offers analysis, survey, and research services. It generates majority of revenue from the Textile segment.
76GF Score

Get the complete analysis for STU:TOR1

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

€6.16
Price
€5.52
GF Value