TIS (TISNF) E10: $0.95 (As of Mar. 2026)


TISNF TIS Inc TISNF
89 GF Score
Price $20.00
GF Value $27.73
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What is TIS E10?

TIS TISNF 89 E10 is $0.95 as of Mar. 2026. GuruFocus rates TISNF with a GF Score™ of 89/100 and a GF Value™ of $27.73.

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.

TIS's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.239. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, TIS's average E10 Growth Rate was 11.90% per year. During the past 3 years, the average E10 Growth Rate was 16.40% per year. During the past 5 years, the average E10 Growth Rate was 21.00% 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 TIS was 24.60% per year. The lowest was 16.40% per year. And the median was 22.10% per year.

As of today (2026-06-26), TIS's current stock price is $20.00. TIS's E10 for the quarter that ended in Mar. 2026 was $0.95. TIS's Shiller PE Ratio of today is 21.05.

During the past 13 years, the highest Shiller PE Ratio of TIS was 51.23. The lowest was 18.93. And the median was 37.12.


TIS  (OTCPK:TISNF) 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.

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

Shiller PE Ratio=Share Price/E10
=20.00/0.95
=21.05

* 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 TIS was 51.23. The lowest was 18.93. And the median was 37.12.


Be Aware

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


TIS E10 Related Terms


TIS E10 Historical Data

* Premium members only.

The historical data trend for TIS'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.

TIS E10 Chart

TIS 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 0.61 0.79 0.82 0.96 0.95

TIS 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 0.96 0.98 1.02 0.98 0.95

TISNF vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, TIS'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.


TIS Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, TIS's Shiller PE Ratio distribution charts can be found below:

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


TISNF
89GF Score
TIS Inc TISNF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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TIS 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, TIS'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)
=0.239/112.7000*112.7000
=0.239

Current CPI (Mar. 2026) = 112.7000.

TIS Quarterly Data

per share eps CPI Adj_EPS
201606 0.101 98.100 0.116
201609 0.110 98.000 0.127
201612 0.184 98.400 0.211
201703 0.173 98.100 0.199
201706 0.129 98.500 0.148
201709 0.173 98.800 0.197
201712 0.168 99.400 0.190
201803 0.264 99.200 0.300
201806 0.154 99.200 0.175
201809 0.223 99.900 0.252
201812 0.220 99.700 0.249
201903 0.321 99.700 0.363
201906 0.223 99.800 0.252
201909 0.264 100.100 0.297
201912 0.260 100.500 0.292
202003 0.331 100.300 0.372
202006 0.205 99.900 0.231
202009 0.179 99.900 0.202
202012 0.301 99.300 0.342
202103 0.351 99.900 0.396
202106 0.254 99.500 0.288
202109 0.308 100.100 0.347
202112 0.488 100.100 0.549
202203 0.339 101.100 0.378
202206 0.264 101.800 0.292
202209 0.288 103.100 0.315
202212 0.406 104.100 0.440
202303 0.717 104.400 0.774
202306 0.297 105.200 0.318
202309 0.286 106.200 0.304
202312 0.343 106.800 0.362
202403 0.466 107.200 0.490
202406 0.289 108.200 0.301
202409 0.306 108.900 0.317
202412 0.382 110.700 0.389
202503 0.449 111.100 0.455
202506 0.374 111.700 0.377
202509 0.332 112.000 0.334
202512 0.410 113.000 0.409
202603 0.239 112.700 0.239

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 $0.95 mean?
TIS (TISNF) has a E10 of $0.95 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on TIS and its competitors.
Is TIS's E10 too high?
TIS's current E10 is $0.95. Overall, TIS has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does TIS's E10 compare to IBM and ACN?
TIS's E10 of $0.95 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 TIS and its competitors. TIS's current E10 is $0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TIS stock overvalued right now?
TIS (TISNF) has a current E10 of $0.95. The stock's GF Value™ is $27.73, compared to a current price of $20.00 — trading 27.9% below its estimated fair value. The current E10 is $0.95. TIS's overall GF Score™ is 89/100. 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 TIS (TISNF), the current E10 is $0.95 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 TIS (TISNF) Overvalued in 2026?

Based on GuruFocus' analysis, TIS stock appears to be undervalued. The current stock price of $20.00 is trading 27.9% below its estimated GF Value™ of $27.73.

Key valuation signals for TISNF:

  • E10: $0.95
  • GF Value™: $27.73 vs. price of $20.00 (27.9% below fair value)
  • GF Score™: 89/100

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


TIS Business Description

Address 17-1, Nishishinjuku 8-chome, Shinjuku-ku, Tokyo, JPN, 160-0023
TIS is one of Japan's largest independent IT services companies, combining enterprise systems integration and outsourcing with issuer-side payment-processing infrastructure for banks and card issuers, a mix that is uncommon among domestic peers. The company serves clients in financial services, manufacturing, distribution, and the public sector, and recurring operation-and-cloud revenue represented 33.4% of group sales in fiscal 2026. For fiscal 2026, TIS generated JPY 596.5 billion of revenue and JPY 76.2 billion of operating profit, or a 12.8% margin. Its five reporting segments are regional IT solutions, industrial IT, offering service, financial IT, and BPM.
89GF Score

Get the complete analysis for TISNF

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

$20.00
Price
$27.73
GF Value