Shinnihon (TSE:1879) E10: 円214.42 (As of Mar. 2026)


TSE:1879 Shinnihon Corp TSE:1879
84 GF Score
Price 円2,095.00
GF Value 円1,666.93
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Shinnihon E10?

Shinnihon TSE:1879 -0.10% 84 E10 is 円214.42 as of Mar. 2026. GuruFocus rates TSE:1879 with a GF Score™ of 84/100 and a GF Value™ of 円1,666.93 (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.

Shinnihon's adjusted earnings per share data for the three months ended in Mar. 2026 was 円125.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円214.42 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shinnihon's average E10 Growth Rate was 7.10% per year. During the past 3 years, the average E10 Growth Rate was 10.00% per year. During the past 5 years, the average E10 Growth Rate was 12.40% 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 Shinnihon was 16.10% per year. The lowest was 10.00% per year. And the median was 14.20% per year.

As of today (2026-06-29), Shinnihon's current stock price is 円2095.00. Shinnihon's E10 for the quarter that ended in Mar. 2026 was 円214.42. Shinnihon's Shiller PE Ratio of today is 9.77.

During the past 13 years, the highest Shiller PE Ratio of Shinnihon was 17.97. The lowest was 4.72. And the median was 8.15.


Shinnihon  (TSE:1879) 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.

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

Shiller PE Ratio=Share Price/E10
=2095.00/214.42
=9.77

* 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 Shinnihon was 17.97. The lowest was 4.72. And the median was 8.15.


Be Aware

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


Shinnihon E10 Related Terms


Shinnihon E10 Historical Data

* Premium members only.

The historical data trend for Shinnihon'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.

Shinnihon E10 Chart

Shinnihon 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 138.34 160.93 179.64 200.19 214.42

Shinnihon 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 200.19 204.94 206.38 208.46 214.42

TSE:1879 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Shinnihon'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.


Shinnihon Shiller PE Ratio vs Construction Industry

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

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


TSE:1879
84GF Score
Shinnihon Corp TSE:1879
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinnihon 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, Shinnihon'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)
=125.55/112.7000*112.7000
=125.550

Current CPI (Mar. 2026) = 112.7000.

Shinnihon Quarterly Data

per share eps CPI Adj_EPS
201606 100.510 98.100 115.469
201609 34.295 98.000 39.439
201612 33.423 98.400 38.280
201703 48.970 98.100 56.258
201706 24.800 98.500 28.375
201709 37.033 98.800 42.243
201712 46.730 99.400 52.983
201803 44.180 99.200 50.192
201806 28.260 99.200 32.106
201809 40.813 99.900 46.042
201812 61.066 99.700 69.028
201903 42.045 99.700 47.527
201906 20.570 99.800 23.229
201909 59.937 100.100 67.482
201912 38.360 100.500 43.017
202003 61.409 100.300 69.001
202006 22.090 99.900 24.920
202009 30.396 99.900 34.291
202012 35.620 99.300 40.427
202103 76.610 99.900 86.426
202106 19.560 99.500 22.155
202109 40.215 100.100 45.277
202112 51.870 100.100 58.399
202203 73.024 101.100 81.403
202206 23.560 101.800 26.083
202209 49.487 103.100 54.095
202212 43.220 104.100 46.791
202303 89.178 104.400 96.268
202306 26.480 105.200 28.368
202309 52.026 106.200 55.210
202312 41.010 106.800 43.276
202403 90.540 107.200 95.185
202406 22.480 108.200 23.415
202409 51.960 108.900 53.773
202412 42.190 110.700 42.952
202503 102.500 111.100 103.976
202506 45.590 111.700 45.998
202509 43.090 112.000 43.359
202512 46.070 113.000 45.948
202603 125.550 112.700 125.550

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214.42 mean?
Shinnihon (TSE:1879) has a E10 of 円214.42 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shinnihon and its competitors.
Is Shinnihon's E10 too high?
Shinnihon's current E10 is 円214.42. Overall, Shinnihon has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinnihon's E10 compare to PWR and FIX?
Shinnihon's E10 of 円214.42 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 Shinnihon and its competitors. Shinnihon's current E10 is 円214.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinnihon stock overvalued right now?
Based on GuruFocus' analysis, Shinnihon (TSE:1879) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,666.93, compared to a current price of 円2,095.00 — trading 25.7% above its estimated fair value. The current E10 is 円214.42. Shinnihon's overall GF Score™ is 84/100 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 Shinnihon (TSE:1879), the current E10 is 円214.42 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 Shinnihon (TSE:1879) Overvalued in 2026?

Based on GuruFocus' analysis, Shinnihon stock appears to be overvalued. The current stock price of 円2,095.00 is trading 25.7% above its estimated GF Value™ of 円1,666.93. GuruFocus considers Shinnihon to be Modestly Overvalued.

Key valuation signals for TSE:1879:

  • E10: 円214.42
  • GF Value™: 円1,666.93 vs. price of 円2,095.00 (25.7% above fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the TSE:1879 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinnihon Business Description

Address 1-4-3 Hibino, Shin Nippon Building, Mihama-ku, Chiba, JPN, 261-0021
Shinnihon Corp is engaged in engineering and construction services. The company operates in two divisions namely Construction Division and Development Business Division. The construction division is engaged in the construction of joint housing, government office, hotel, office building, shopping center, shop, hospital/welfare facilities, and factories. The Development Business Division is engaged in Distribution and rental of condominium / detached house, planning and development business of commercial facilities, offices, and warehouses.
84GF Score

Get the complete analysis for TSE:1879

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

円2,095.00
Price
円1,666.93
GF Value