Nippon Dry-Chemical Co (TSE:1909) E10: 円88.08 (As of Mar. 2026)

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TSE:1909 Nippon Dry-Chemical Co Ltd TSE:1909
74 GF Score
Price 円3,695.00
GF Value 円1,034.07
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nippon Dry-Chemical Co E10?

Nippon Dry-Chemical Co TSE:1909 +0.14% 74 E10 is 円88.08 as of Mar. 2026. GuruFocus rates TSE:1909 with a GF Score™ of 74/100 and a GF Value™ of 円1,034.07 (Significantly Overvalued). The stock has 2 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.

Nippon Dry-Chemical Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円36.475. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円88.08 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 17.00% 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 Nippon Dry-Chemical Co was 17.00% per year. The lowest was 14.80% per year. And the median was 15.90% per year.

As of today (2026-07-14), Nippon Dry-Chemical Co's current stock price is 円3695.00. Nippon Dry-Chemical Co's E10 for the quarter that ended in Mar. 2026 was 円88.08. Nippon Dry-Chemical Co's Shiller PE Ratio of today is 41.95.

During the past 13 years, the highest Shiller PE Ratio of Nippon Dry-Chemical Co was 43.36. The lowest was 6.79. And the median was 10.15.


Nippon Dry-Chemical Co  (TSE:1909) 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 Dry-Chemical Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3695.00/88.08
=41.95

* 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 Nippon Dry-Chemical Co was 43.36. The lowest was 6.79. And the median was 10.15.


Be Aware

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


Nippon Dry-Chemical Co E10 Related Terms


Nippon Dry-Chemical Co E10 Historical Data

* Premium members only.

The historical data trend for Nippon Dry-Chemical 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 Dry-Chemical Co E10 Chart

Nippon Dry-Chemical Co 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 47.97 54.45 64.19 0.00 88.08

Nippon Dry-Chemical Co 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 73.80 78.87 86.54 88.08

TSE:1909 vs ALLE, MSA, ADT: E10 Comparison

For the Security & Protection Services subindustry, Nippon Dry-Chemical 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 Dry-Chemical Co Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Nippon Dry-Chemical Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:1909
74GF Score
Nippon Dry-Chemical Co Ltd TSE:1909
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Dry-Chemical 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 Dry-Chemical Co'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)
=36.475/112.7000*112.7000
=36.475

Current CPI (Mar. 2026) = 112.7000.

Nippon Dry-Chemical Co Quarterly Data

per share eps CPI Adj_EPS
201603 23.791 97.900 27.388
201606 1.133 98.100 1.302
201609 0.269 98.000 0.309
201612 5.144 98.400 5.892
201703 23.770 98.100 27.308
201706 -7.293 98.500 -8.344
201709 -1.383 98.800 -1.578
201712 5.389 99.400 6.110
201803 42.270 99.200 48.022
201806 0.753 99.200 0.855
201809 10.066 99.900 11.356
201812 11.040 99.700 12.480
201903 17.543 99.700 19.830
201906 6.733 99.800 7.603
201909 11.687 100.100 13.158
201912 15.536 100.500 17.422
202003 22.073 100.300 24.802
202006 5.175 99.900 5.838
202009 11.883 99.900 13.406
202012 21.022 99.300 23.859
202103 44.483 99.900 50.183
202106 4.958 99.500 5.616
202109 9.615 100.100 10.825
202112 15.813 100.100 17.803
202203 37.134 101.100 41.395
202206 4.178 101.800 4.625
202209 25.330 103.100 27.689
202212 28.125 104.100 30.448
202303 33.995 104.400 36.698
202306 16.805 105.200 18.003
202309 34.478 106.200 36.588
202312 24.018 106.800 25.345
202403 45.085 107.200 47.398
202406 27.373 108.200 28.511
202409 29.540 108.900 30.571
202503 0.000 111.100 0.000
202506 37.345 111.700 37.679
202509 44.258 112.000 44.535
202512 71.533 113.000 71.343
202603 36.475 112.700 36.475

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88.08 mean?
Nippon Dry-Chemical Co (TSE:1909) has a E10 of 円88.08 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nippon Dry-Chemical Co and its competitors.
Is Nippon Dry-Chemical Co's E10 too high?
Nippon Dry-Chemical Co's current E10 is 円88.08. Overall, Nippon Dry-Chemical Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Dry-Chemical Co's E10 compare to ALLE and MSA?
Nippon Dry-Chemical Co's E10 of 円88.08 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 Dry-Chemical Co and its competitors. Nippon Dry-Chemical Co's current E10 is 円88.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Dry-Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Dry-Chemical Co (TSE:1909) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,034.07, compared to a current price of 円3,695.00 — trading 257.3% above its estimated fair value. The current E10 is 円88.08. Nippon Dry-Chemical Co's overall GF Score™ is 74/100 with 2 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 Nippon Dry-Chemical Co (TSE:1909), the current E10 is 円88.08 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 Nippon Dry-Chemical Co (TSE:1909) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Dry-Chemical Co stock appears to be overvalued. The current stock price of 円3,695.00 is trading 257.3% above its estimated GF Value™ of 円1,034.07. GuruFocus considers Nippon Dry-Chemical Co to be Significantly Overvalued.

Key valuation signals for TSE:1909:

  • E10: 円88.08
  • GF Value™: 円1,034.07 vs. price of 円3,695.00 (257.3% above fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the TSE:1909 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Dry-Chemical Co Business Description

Address 2-3-1,Daiba,Minato-ku, Tokyo, JPN
Nippon Dry-Chemical Co Ltd designs, manufactures, sells, and installs fire extinguishing equipment, fire engines and security systems in Japan. The company offers sprinkler systems; drencher equipment; sprinkler systems for apartment buildings; automatic fire alarm systems; water ejector sprinkler systems; indoor/outdoor hydrants; tunnel disaster prevention systems; and consolidated water pipes among other products.
74GF Score

Get the complete analysis for TSE:1909

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

円3,695.00
Price
円1,034.07
GF Value