Raito Kogyo Co (TSE:1926) E10: 円354.54 (As of Mar. 2026)


TSE:1926 Raito Kogyo Co Ltd TSE:1926
87 GF Score
Price 円4,070.00
GF Value 円2,907.71
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Raito Kogyo Co E10?

Raito Kogyo Co TSE:1926 -0.12% 87 E10 is 円354.54 as of Mar. 2026. GuruFocus rates TSE:1926 with a GF Score™ of 87/100 and a GF Value™ of 円2,907.71 (Significantly 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.

Raito Kogyo Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円1,764.790. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円354.54 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Raito Kogyo Co's average E10 Growth Rate was 111.40% per year. During the past 3 years, the average E10 Growth Rate was 36.90% per year. During the past 5 years, the average E10 Growth Rate was 23.00% 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 Raito Kogyo Co was 36.90% per year. The lowest was 12.00% per year. And the median was 15.00% per year.

As of today (2026-07-01), Raito Kogyo Co's current stock price is 円4070.00. Raito Kogyo Co's E10 for the quarter that ended in Mar. 2026 was 円354.54. Raito Kogyo Co's Shiller PE Ratio of today is 11.48.

During the past 13 years, the highest Shiller PE Ratio of Raito Kogyo Co was 25.79. The lowest was 10.69. And the median was 16.94.


Raito Kogyo Co  (TSE:1926) 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.

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

Shiller PE Ratio=Share Price/E10
=4070.00/354.54
=11.48

* 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 Raito Kogyo Co was 25.79. The lowest was 10.69. And the median was 16.94.


Be Aware

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


Raito Kogyo Co E10 Related Terms


Raito Kogyo Co E10 Historical Data

* Premium members only.

The historical data trend for Raito Kogyo 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.

Raito Kogyo Co E10 Chart

Raito Kogyo 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 119.38 138.32 150.49 167.70 354.54

Raito Kogyo 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 167.70 170.06 175.08 182.84 354.54

TSE:1926 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Raito Kogyo 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.


Raito Kogyo Co Shiller PE Ratio vs Construction Industry

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

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


TSE:1926
87GF Score
Raito Kogyo Co Ltd TSE:1926
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raito Kogyo 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, Raito Kogyo 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)
=1764.79/112.7000*112.7000
=1,764.790

Current CPI (Mar. 2026) = 112.7000.

Raito Kogyo Co Quarterly Data

per share eps CPI Adj_EPS
201606 24.020 98.100 27.595
201609 30.400 98.000 34.960
201612 38.075 98.400 43.608
201703 36.650 98.100 42.105
201706 22.100 98.500 25.286
201709 36.271 98.800 41.374
201712 29.891 99.400 33.891
201803 36.100 99.200 41.013
201806 22.750 99.200 25.846
201809 29.253 99.900 33.001
201812 38.290 99.700 43.283
201903 34.040 99.700 38.479
201906 19.140 99.800 21.614
201909 35.520 100.100 39.991
201912 22.770 100.500 25.534
202003 58.770 100.300 66.036
202006 22.500 99.900 25.383
202009 40.840 99.900 46.073
202012 42.500 99.300 48.235
202103 60.740 99.900 68.523
202106 29.710 99.500 33.651
202109 34.330 100.100 38.651
202112 56.650 100.100 63.781
202203 53.430 101.100 59.560
202206 23.040 101.800 25.507
202209 50.080 103.100 54.743
202212 59.360 104.100 64.264
202303 58.110 104.400 62.730
202306 23.690 105.200 25.379
202309 49.850 106.200 52.901
202312 45.390 106.800 47.898
202403 49.230 107.200 51.756
202406 31.700 108.200 33.018
202409 48.130 108.900 49.809
202412 62.080 110.700 63.202
202503 72.390 111.100 73.433
202506 44.360 111.700 44.757
202509 70.190 112.000 70.629
202512 93.360 113.000 93.112
202603 1,764.790 112.700 1,764.790

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354.54 mean?
Raito Kogyo Co (TSE:1926) has a E10 of 円354.54 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Raito Kogyo Co and its competitors.
Is Raito Kogyo Co's E10 too high?
Raito Kogyo Co's current E10 is 円354.54. Overall, Raito Kogyo Co has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Raito Kogyo Co's E10 compare to PWR and FIX?
Raito Kogyo Co's E10 of 円354.54 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 Raito Kogyo Co and its competitors. Raito Kogyo Co's current E10 is 円354.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raito Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Raito Kogyo Co (TSE:1926) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,907.71, compared to a current price of 円4,070.00 — trading 40% above its estimated fair value. The current E10 is 円354.54. Raito Kogyo Co's overall GF Score™ is 87/100 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 Raito Kogyo Co (TSE:1926), the current E10 is 円354.54 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 Raito Kogyo Co (TSE:1926) Overvalued in 2026?

Based on GuruFocus' analysis, Raito Kogyo Co stock appears to be overvalued. The current stock price of 円4,070.00 is trading 40% above its estimated GF Value™ of 円2,907.71. GuruFocus considers Raito Kogyo Co to be Significantly Overvalued.

Key valuation signals for TSE:1926:

  • E10: 円354.54
  • GF Value™: 円2,907.71 vs. price of 円4,070.00 (40% above fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the TSE:1926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raito Kogyo Co Business Description

Address 4-2-35 Kudan-kita, Chiyoda-ku, Tokyo, JPN, 102-8236
Raito Kogyo Co Ltd is a civil engineering contractor. It provides engineering, building construction and sells related products and materials. The company operates in construction business segment that provides slope protection, landslide prevention, foundation/ground improvement, structural repair/reinforcement, environmental restoration, and sewage system construction. It has operations in North America and other countries with revenue from Japan.
87GF Score

Get the complete analysis for TSE:1926

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

円4,070.00
Price
円2,907.71
GF Value