Nippon Road Co (TSE:1884) E10: 円130.37 (As of Mar. 2025)


TSE:1884 Nippon Road Co Ltd TSE:1884
17 GF Score
Price 円2,511.00
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What is Nippon Road Co E10?

Nippon Road Co TSE:1884 -0.16% 17 E10 is 円130.37 as of Mar. 2025. GuruFocus rates TSE:1884 with a GF Score™ of 17/100.

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.

Nippon Road Co's adjusted earnings per share data for the three months ended in Mar. 2025 was 円43.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円130.37 for the trailing ten years ended in Mar. 2025.

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.

As of today (2026-06-30), Nippon Road Co's current stock price is 円2511.00. Nippon Road Co's E10 for the quarter that ended in Mar. 2025 was 円130.37. Nippon Road Co's Shiller PE Ratio of today is 19.26.


Nippon Road Co  (TSE:1884) 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.

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

Shiller PE Ratio=Share Price/E10
=2511.00/130.37
=19.26

* 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.


Be Aware

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


Nippon Road Co E10 Related Terms


Nippon Road Co E10 Historical Data

* Premium members only.

The historical data trend for Nippon Road 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.

Nippon Road Co E10 Chart

Nippon Road Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.17 121.37 128.56 129.77 130.37

Nippon Road Co Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 131.15 131.96 133.45 130.37 0.00

TSE:1884 vs PWR, EME, FIX: E10 Comparison

For the Engineering & Construction subindustry, Nippon Road 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.


Nippon Road Co Shiller PE Ratio vs Construction Industry

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

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


TSE:1884
17GF Score
Nippon Road Co Ltd TSE:1884
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Nippon Road 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, Nippon Road Co's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=43.4/111.1000*111.1000
=43.400

Current CPI (Mar. 2025) = 111.1000.

Nippon Road Co Quarterly Data

per share eps CPI Adj_EPS
201506 7.200 98.400 8.129
201509 21.640 98.500 24.408
201512 59.354 98.100 67.219
201603 23.340 97.900 26.487
201606 5.700 98.100 6.455
201609 22.407 98.000 25.402
201612 40.879 98.400 46.155
201703 32.280 98.100 36.558
201706 4.280 98.500 4.827
201709 27.322 98.800 30.723
201712 48.639 99.400 54.364
201803 -47.282 99.200 -52.954
201806 8.536 99.200 9.560
201809 17.155 99.900 19.078
201812 42.045 99.700 46.853
201903 35.788 99.700 39.880
201906 47.654 99.800 53.050
201909 21.796 100.100 24.191
201912 44.593 100.500 49.296
202003 40.498 100.300 44.859
202006 32.030 99.900 35.621
202009 29.278 99.900 32.560
202012 67.754 99.300 75.805
202103 43.819 99.900 48.732
202106 15.090 99.500 16.849
202109 32.808 100.100 36.413
202112 51.346 100.100 56.988
202203 29.695 101.100 32.632
202206 -10.812 101.800 -11.800
202209 62.713 103.100 67.579
202212 35.976 104.100 38.395
202303 41.910 104.400 44.600
202306 14.126 105.200 14.918
202309 19.634 106.200 20.540
202312 47.810 106.800 49.735
202403 33.429 107.200 34.645
202406 2.520 108.200 2.588
202409 36.300 108.900 37.033
202412 61.700 110.700 61.923
202503 43.400 111.100 43.400

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130.37 mean?
Nippon Road Co (TSE:1884) has a E10 of 円130.37 as of Mar. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nippon Road Co and its competitors.
Is Nippon Road Co's E10 too high?
Nippon Road Co's current E10 is 円130.37. Overall, Nippon Road Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Nippon Road Co's E10 compare to PWR and EME?
Nippon Road Co's E10 of 円130.37 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 Nippon Road Co and its competitors. Nippon Road Co's current E10 is 円130.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Road Co stock overvalued right now?
Nippon Road Co (TSE:1884) has a current E10 of 円130.37. The current E10 is 円130.37. Nippon Road Co's overall GF Score™ is 17/100. 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 Nippon Road Co (TSE:1884), the current E10 is 円130.37 as of Mar. 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.

Nippon Road Co Business Description

Address 6-5, Shimbashi 1-chome, Minato-ku, Tokyo, JPN, 105-0004
Nippon Road Co Ltd is engaged in the business of general construction. The company is involved in the construction design, supervision, and management activities, road construction and paving work, general civil engineering works, building construction, construction of environmental, and sport and leisure facilities. In addition, it also manufactures and sells asphalt mixture materials and is also in the consulting business.
17GF Score

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

円2,511.00
Price