TOAGF (Toagosei Co) E10: $0.63 (As of Dec. 2025)


TOAGF Toagosei Co Ltd TOAGF
84 GF Score
Price $10.73
GF Value $9.43
! 6 Warning Signs
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What is Toagosei Co E10?

Toagosei Co TOAGF 84 E10 is $0.63 as of Dec. 2025. GuruFocus rates TOAGF with a GF Score™ of 84/100 and a GF Value™ of $9.43. 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.

Toagosei Co's adjusted earnings per share data for the three months ended in Dec. 2025 was $0.282. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.63 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Toagosei Co's average E10 Growth Rate was 8.10% per year. During the past 3 years, the average E10 Growth Rate was 6.80% per year. During the past 5 years, the average E10 Growth Rate was 5.80% per year. During the past 10 years, the average E10 Growth Rate was 3.20% 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 Toagosei Co was 6.80% per year. The lowest was 0.20% per year. And the median was 4.15% per year.

As of today (2026-07-07), Toagosei Co's current stock price is $10.7276. Toagosei Co's E10 for the quarter that ended in Dec. 2025 was $0.63. Toagosei Co's Shiller PE Ratio of today is 17.03.

During the past 13 years, the highest Shiller PE Ratio of Toagosei Co was 19.63. The lowest was 9.13. And the median was 14.89.


Toagosei Co  (OTCPK:TOAGF) 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.

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

Shiller PE Ratio=Share Price/E10
=10.7276/0.63
=17.03

* 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 Toagosei Co was 19.63. The lowest was 9.13. And the median was 14.89.


Be Aware

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


Toagosei Co E10 Related Terms


Toagosei Co E10 Historical Data

* Premium members only.

The historical data trend for Toagosei 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.

Toagosei Co E10 Chart

Toagosei Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.66 0.59 0.75 0.63

Toagosei Co 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 0.82 0.68 0.63 0.63 0.00

TOAGF vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Toagosei 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.


Toagosei Co Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toagosei Co's Shiller PE Ratio distribution charts can be found below:

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


TOAGF
84GF Score
Toagosei Co Ltd TOAGF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Toagosei 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, Toagosei Co's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.282/113.0000*113.0000
=0.282

Current CPI (Dec. 2025) = 113.0000.

Toagosei Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.182 97.900 0.210
201606 0.161 98.100 0.185
201609 0.219 98.000 0.253
201612 0.387 98.400 0.444
201703 0.239 98.100 0.275
201706 0.208 98.500 0.239
201709 0.225 98.800 0.257
201712 0.205 99.400 0.233
201803 0.219 99.200 0.249
201806 0.203 99.200 0.231
201809 0.201 99.900 0.227
201812 0.256 99.700 0.290
201903 0.207 99.700 0.235
201906 0.177 99.800 0.200
201909 0.193 100.100 0.218
201912 0.147 100.500 0.165
202003 0.122 100.300 0.137
202006 0.146 99.900 0.165
202009 0.126 99.900 0.143
202012 0.195 99.300 0.222
202103 0.263 99.900 0.297
202106 0.238 99.500 0.270
202109 0.260 100.100 0.294
202112 0.218 100.100 0.246
202203 0.271 101.100 0.303
202206 0.203 101.800 0.225
202209 0.165 103.100 0.181
202212 0.135 104.100 0.147
202303 0.136 104.400 0.147
202306 0.195 105.200 0.209
202309 0.155 106.200 0.165
202312 0.237 106.800 0.251
202403 0.158 107.200 0.167
202406 0.240 108.200 0.251
202409 0.214 108.900 0.222
202412 0.081 110.700 0.083
202503 0.121 111.100 0.123
202506 0.234 111.700 0.237
202509 0.144 112.000 0.145
202512 0.282 113.000 0.282

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 $0.63 mean?
Toagosei Co (TOAGF) has a E10 of $0.63 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Toagosei Co and its competitors.
Is Toagosei Co's E10 too high?
Toagosei Co's current E10 is $0.63. Overall, Toagosei Co has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Toagosei Co's E10 compare to LIN and SHW?
Toagosei Co's E10 of $0.63 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Toagosei Co and its competitors. Toagosei Co's current E10 is $0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toagosei Co stock overvalued right now?
Toagosei Co (TOAGF) has a current E10 of $0.63. The stock's GF Value™ is $9.43, compared to a current price of $10.73 — trading 13.8% above its estimated fair value. The current E10 is $0.63. Toagosei Co's overall GF Score™ is 84/100 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 Toagosei Co (TOAGF), the current E10 is $0.63 as of Dec. 2025. 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 Toagosei Co (TOAGF) Overvalued in 2026?

Based on GuruFocus' analysis, Toagosei Co stock appears to be overvalued. The current stock price of $10.73 is trading 13.8% above its estimated GF Value™ of $9.43.

Key valuation signals for TOAGF:

  • E10: $0.63
  • GF Value™: $9.43 vs. price of $10.73 (13.8% above fair value)
  • GF Score™: 84/100 with 6 warning signs

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


Toagosei Co Business Description

Other Exchanges 4045:Japan
Address 1-14-1 Nishi Shinbashi, Minatoku, Tokyo, JPN, 105-8419
Toagosei Co Ltd manufactures and sells a wide range of chemicals and chemical-based products. The company operates through five business segments. The Polymer and Oligomer Business, its key segment, provides acrylate esters, acrylic polymers, and UV-curable resins used in paints, textiles, cosmetics, and electronics. The Core Chemicals Business supplies caustic soda, sulfuric acid, and sodium hypochlorite for paper, fertilizer, and water treatment applications. The Adhesive Materials Business offers adhesives and related products. The High-performance Materials Business provides electronic and construction materials. The Resin Processed Products Business sells piping equipment and nursing care products. Majority revenue is generated in Japan.
84GF Score

Get the complete analysis for TOAGF

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

$10.73
Price
$9.43
GF Value