Masaru (TSE:1795) E10: 円430.84 (As of Mar. 2026)


TSE:1795 Masaru Corp TSE:1795
68 GF Score
Price 円5,200.00
GF Value 円4,533.49
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Masaru E10?

Masaru TSE:1795 +4.31% 68 E10 is 円430.84 as of Mar. 2026. GuruFocus rates TSE:1795 with a GF Score™ of 68/100 and a GF Value™ of 円4,533.49 (Modestly Overvalued). The stock has 3 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.

Masaru's adjusted earnings per share data for the three months ended in Mar. 2026 was 円419.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円430.84 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 8.20% per year. During the past 5 years, the average E10 Growth Rate was 8.40% 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 Masaru was 23.90% per year. The lowest was 8.20% per year. And the median was 11.30% per year.

As of today (2026-07-13), Masaru's current stock price is 円5200.00. Masaru's E10 for the quarter that ended in Mar. 2026 was 円430.84. Masaru's Shiller PE Ratio of today is 12.07.

During the past 13 years, the highest Shiller PE Ratio of Masaru was 23.11. The lowest was 9.31. And the median was 11.73.


Masaru  (TSE:1795) 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.

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

Shiller PE Ratio=Share Price/E10
=5200.00/430.84
=12.07

* 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 Masaru was 23.11. The lowest was 9.31. And the median was 11.73.


Be Aware

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


Masaru E10 Related Terms


Masaru E10 Historical Data

* Premium members only.

The historical data trend for Masaru'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.

Masaru E10 Chart

Masaru Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 281.39 297.36 355.67 360.55 376.61

Masaru Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 337.85 376.61 366.81 430.84

TSE:1795 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Masaru'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.


Masaru Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Masaru's Shiller PE Ratio distribution charts can be found below:

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


TSE:1795
68GF Score
Masaru Corp TSE:1795
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Masaru 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, Masaru'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)
=419.95/112.7000*112.7000
=419.950

Current CPI (Mar. 2026) = 112.7000.

Masaru Quarterly Data

per share eps CPI Adj_EPS
201603 400.950 97.900 461.563
201606 -59.767 98.100 -68.662
201609 264.700 98.000 304.405
201612 -81.450 98.400 -93.287
201703 324.663 98.100 372.982
201706 -90.148 98.500 -103.144
201709 88.090 98.800 100.483
201712 -157.840 99.400 -178.959
201803 432.000 99.200 490.790
201806 -180.883 99.200 -205.499
201809 202.800 99.900 228.784
201812 -138.070 99.700 -156.073
201903 460.520 99.700 520.568
201906 -111.806 99.800 -126.258
201909 212.786 100.100 239.570
201912 -153.160 100.500 -171.753
202003 536.080 100.300 602.355
202006 -40.790 99.900 -46.016
202009 139.543 99.900 157.422
202012 -55.460 99.300 -62.944
202103 380.250 99.900 428.971
202106 -114.950 99.500 -130.200
202109 159.241 100.100 179.285
202112 -74.270 100.100 -83.619
202203 280.160 101.100 312.305
202206 -111.859 101.800 -123.836
202209 124.190 103.100 135.754
202212 -121.380 104.100 -131.408
202303 324.150 104.400 349.921
202306 -172.554 105.200 -184.856
202309 360.640 106.200 382.713
202312 -128.070 106.800 -135.145
202403 432.996 107.200 455.211
202406 -185.610 108.200 -193.329
202409 192.700 108.900 199.424
202503 0.000 111.100 0.000
202506 -96.510 111.700 -97.374
202509 241.250 112.000 242.758
202512 -92.370 113.000 -92.125
202603 419.950 112.700 419.950

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 円430.84 mean?
Masaru (TSE:1795) has a E10 of 円430.84 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Masaru and its competitors.
Is Masaru's E10 too high?
Masaru's current E10 is 円430.84. Overall, Masaru has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Masaru's E10 compare to PWR and FIX?
Masaru's E10 of 円430.84 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Masaru and its competitors. Masaru's current E10 is 円430.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Masaru stock overvalued right now?
Based on GuruFocus' analysis, Masaru (TSE:1795) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,533.49, compared to a current price of 円5,200.00 — trading 14.7% above its estimated fair value. The current E10 is 円430.84. Masaru's overall GF Score™ is 68/100 with 3 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 Masaru (TSE:1795), the current E10 is 円430.84 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 Masaru (TSE:1795) Overvalued in 2026?

Based on GuruFocus' analysis, Masaru stock appears to be overvalued. The current stock price of 円5,200.00 is trading 14.7% above its estimated GF Value™ of 円4,533.49. GuruFocus considers Masaru to be Modestly Overvalued.

Key valuation signals for TSE:1795:

  • E10: 円430.84
  • GF Value™: 円4,533.49 vs. price of 円5,200.00 (14.7% above fair value)
  • GF Score™: 68/100 with 3 warning signs

No single metric tells the full story. See the TSE:1795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Masaru Business Description

Address Sumitomo Real Estate Hamacho, 3rd floor, Building No. 42-3, Nihonbashi Hamacho, Chuo-ku, Tokyo, JPN, 103-0007
Masaru Corporation is engaged in the construction activities in Japan. The company is involved in the renewal of apartments and building. Further it is also involved in the sealing and waterproofing business.
68GF Score

Get the complete analysis for TSE:1795

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

円5,200.00
Price
円4,533.49
GF Value