TDHOY (T&D Holdings) E10: $0.39 (As of Mar. 2026)


TDHOY T&D Holdings Inc TDHOY
74 GF Score
Price $14.49
GF Value $12.05
Valuation Modestly Overvalued
! 6 Warning Signs
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What is T&D Holdings E10?

T&D Holdings TDHOY -1.64% 74 E10 is $0.39 as of Mar. 2026. GuruFocus rates TDHOY with a GF Score™ of 74/100 and a GF Value™ of $12.05 (Modestly Overvalued). 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.

T&D Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.39 for the trailing ten years ended in Mar. 2026.

During the past 12 months, T&D Holdings's average E10 Growth Rate was 17.20% per year. During the past 3 years, the average E10 Growth Rate was 12.90% per year. During the past 5 years, the average E10 Growth Rate was 0.10% 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 T&D Holdings was 19.30% per year. The lowest was -7.30% per year. And the median was 6.70% per year.

As of today (2026-06-27), T&D Holdings's current stock price is $14.49. T&D Holdings's E10 for the quarter that ended in Mar. 2026 was $0.39. T&D Holdings's Shiller PE Ratio of today is 37.15.

During the past 13 years, the highest Shiller PE Ratio of T&D Holdings was 42.00. The lowest was 7.59. And the median was 23.79.


T&D Holdings  (OTCPK:TDHOY) 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.

T&D Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=14.49/0.39
=37.15

* 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 T&D Holdings was 42.00. The lowest was 7.59. And the median was 23.79.


Be Aware

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


T&D Holdings E10 Related Terms


T&D Holdings E10 Historical Data

* Premium members only.

The historical data trend for T&D Holdings'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&D Holdings E10 Chart

T&D Holdings 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 0.48 0.32 0.32 0.36 0.39

T&D Holdings 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 0.36 0.36 0.38 0.38 0.39

TDHOY vs AFL, MET, PRU: E10 Comparison

For the Insurance - Life subindustry, T&D Holdings'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&D Holdings Shiller PE Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, T&D Holdings's Shiller PE Ratio distribution charts can be found below:

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


TDHOY
74GF Score
T&D Holdings Inc TDHOY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T&D Holdings 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&D Holdings'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)
=0.23/112.7000*112.7000
=0.230

Current CPI (Mar. 2026) = 112.7000.

T&D Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.180 98.100 0.207
201609 0.177 98.000 0.204
201612 0.118 98.400 0.135
201703 0.064 98.100 0.074
201706 0.136 98.500 0.156
201709 0.175 98.800 0.200
201712 0.098 99.400 0.111
201803 0.144 99.200 0.164
201806 0.140 99.200 0.159
201809 0.185 99.900 0.209
201812 0.113 99.700 0.128
201903 0.083 99.700 0.094
201906 0.117 99.800 0.132
201909 0.156 100.100 0.176
201912 0.109 100.500 0.122
202003 0.123 100.300 0.138
202006 0.529 99.900 0.597
202009 0.368 99.900 0.415
202012 0.207 99.300 0.235
202103 -0.245 99.900 -0.276
202106 -0.246 99.500 -0.279
202109 0.491 100.100 0.553
202112 0.178 100.100 0.200
202203 -0.296 101.100 -0.330
202206 -0.395 101.800 -0.437
202209 -0.557 103.100 -0.609
202212 -0.129 104.100 -0.140
202303 0.235 104.400 0.254
202306 0.123 105.200 0.132
202309 0.150 106.200 0.159
202312 0.141 106.800 0.149
202403 0.212 107.200 0.223
202406 0.204 108.200 0.212
202409 0.208 108.900 0.215
202412 0.334 110.700 0.340
202503 0.050 111.100 0.051
202506 0.254 111.700 0.256
202509 0.203 112.000 0.204
202512 0.268 113.000 0.267
202603 0.230 112.700 0.230

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 $0.39 mean?
T&D Holdings (TDHOY) has a E10 of $0.39 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on T&D Holdings and its competitors.
Is T&D Holdings' E10 too high?
T&D Holdings' current E10 is $0.39. Overall, T&D Holdings has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does T&D Holdings' E10 compare to AFL and MET?
T&D Holdings' E10 of $0.39 can be compared against companies in the Insurance 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 Insurance company?
A good E10 depends on the Insurance 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&D Holdings and its competitors. T&D Holdings's current E10 is $0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T&D Holdings stock overvalued right now?
Based on GuruFocus' analysis, T&D Holdings (TDHOY) is currently considered Modestly Overvalued. The stock's GF Value™ is $12.05, compared to a current price of $14.49 — trading 20.2% above its estimated fair value. The current E10 is $0.39. T&D Holdings' overall GF Score™ is 74/100 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 T&D Holdings (TDHOY), the current E10 is $0.39 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 T&D Holdings (TDHOY) Overvalued in 2026?

Based on GuruFocus' analysis, T&D Holdings stock appears to be overvalued. The current stock price of $14.49 is trading 20.2% above its estimated GF Value™ of $12.05. GuruFocus considers T&D Holdings to be Modestly Overvalued.

Key valuation signals for TDHOY:

  • E10: $0.39
  • GF Value™: $12.05 vs. price of $14.49 (20.2% above fair value)
  • GF Score™: 74/100 with 6 warning signs

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


T&D Holdings Business Description

Address 2-7-1 Nihonbashi, Chuo-ku, Tokyo, JPN, 103-6031
T&D Holdings Inc is a Japanese holding company. It manages life insurance business. The company has four reportable segments, namely Daido Life Insurance, T&D Financial Life Insurance, T&D United Capital, and Taiyo Life Insurance. The company earns the majority of its revenue from the Taiyo Life Insurance segment, which provides life insurance services to the household market.
74GF Score

Get the complete analysis for TDHOY

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

$14.49
Price
$12.05
GF Value