Hokuriku Electrical Construction Co (TSE:1930) E10: 円112.31 (As of Mar. 2026)


TSE:1930 Hokuriku Electrical Construction Co Ltd TSE:1930
75 GF Score
Price 円1,632.00
GF Value 円1,401.97
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Hokuriku Electrical Construction Co E10?

Hokuriku Electrical Construction Co TSE:1930 +0.18% 75 E10 is 円112.31 as of Mar. 2026. GuruFocus rates TSE:1930 with a GF Score™ of 75/100 and a GF Value™ of 円1,401.97 (Modestly 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.

Hokuriku Electrical Construction Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円56.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円112.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hokuriku Electrical Construction Co's average E10 Growth Rate was 2.50% per year. During the past 3 years, the average E10 Growth Rate was 2.80% per year. During the past 5 years, the average E10 Growth Rate was 3.30% 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 Hokuriku Electrical Construction Co was 12.30% per year. The lowest was 2.80% per year. And the median was 5.20% per year.

As of today (2026-07-13), Hokuriku Electrical Construction Co's current stock price is 円1632.00. Hokuriku Electrical Construction Co's E10 for the quarter that ended in Mar. 2026 was 円112.31. Hokuriku Electrical Construction Co's Shiller PE Ratio of today is 14.53.

During the past 13 years, the highest Shiller PE Ratio of Hokuriku Electrical Construction Co was 16.16. The lowest was 6.44. And the median was 10.73.


Hokuriku Electrical Construction Co  (TSE:1930) 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.

Hokuriku Electrical Construction Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1632.00/112.31
=14.53

* 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 Hokuriku Electrical Construction Co was 16.16. The lowest was 6.44. And the median was 10.73.


Be Aware

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


Hokuriku Electrical Construction Co E10 Related Terms


Hokuriku Electrical Construction Co E10 Historical Data

* Premium members only.

The historical data trend for Hokuriku Electrical Construction 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.

Hokuriku Electrical Construction Co E10 Chart

Hokuriku Electrical Construction 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 100.57 103.46 105.41 109.62 112.31

Hokuriku Electrical Construction 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 109.62 108.94 108.72 111.11 112.31

TSE:1930 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Hokuriku Electrical Construction 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.


Hokuriku Electrical Construction Co Shiller PE Ratio vs Construction Industry

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

* The bar in red indicates where Hokuriku Electrical Construction Co's Shiller PE Ratio falls into.


TSE:1930
75GF Score
Hokuriku Electrical Construction Co Ltd TSE:1930
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hokuriku Electrical Construction 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, Hokuriku Electrical Construction 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)
=56.24/112.7000*112.7000
=56.240

Current CPI (Mar. 2026) = 112.7000.

Hokuriku Electrical Construction Co Quarterly Data

per share eps CPI Adj_EPS
201606 18.792 98.100 21.589
201609 27.471 98.000 31.592
201612 30.933 98.400 35.428
201703 37.258 98.100 42.803
201706 12.275 98.500 14.045
201709 24.899 98.800 28.402
201712 26.283 99.400 29.800
201803 53.869 99.200 61.200
201806 10.200 99.200 11.588
201809 16.917 99.900 19.085
201812 25.827 99.700 29.195
201903 46.620 99.700 52.699
201906 14.325 99.800 16.177
201909 20.899 100.100 23.530
201912 33.688 100.500 37.777
202003 42.750 100.300 48.035
202006 14.050 99.900 15.850
202009 26.757 99.900 30.185
202012 18.673 99.300 21.193
202103 53.943 99.900 60.855
202106 9.180 99.500 10.398
202109 13.860 100.100 15.605
202112 21.480 100.100 24.184
202203 35.726 101.100 39.825
202206 1.260 101.800 1.395
202209 7.320 103.100 8.002
202212 7.140 104.100 7.730
202303 42.442 104.400 45.816
202306 -4.910 105.200 -5.260
202309 12.111 106.200 12.852
202312 13.450 106.800 14.193
202403 58.220 107.200 61.207
202406 13.940 108.200 14.520
202409 21.000 108.900 21.733
202412 -14.240 110.700 -14.497
202503 93.190 111.100 94.532
202506 11.210 111.700 11.310
202509 22.530 112.000 22.671
202512 49.740 113.000 49.608
202603 56.240 112.700 56.240

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112.31 mean?
Hokuriku Electrical Construction Co (TSE:1930) has a E10 of 円112.31 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hokuriku Electrical Construction Co and its competitors.
Is Hokuriku Electrical Construction Co's E10 too high?
Hokuriku Electrical Construction Co's current E10 is 円112.31. Overall, Hokuriku Electrical Construction Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Electrical Construction Co's E10 compare to PWR and FIX?
Hokuriku Electrical Construction Co's E10 of 円112.31 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 Hokuriku Electrical Construction Co and its competitors. Hokuriku Electrical Construction Co's current E10 is 円112.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Electrical Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Electrical Construction Co (TSE:1930) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,401.97, compared to a current price of 円1,632.00 — trading 16.4% above its estimated fair value. The current E10 is 円112.31. Hokuriku Electrical Construction Co's overall GF Score™ is 75/100 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 Hokuriku Electrical Construction Co (TSE:1930), the current E10 is 円112.31 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 Hokuriku Electrical Construction Co (TSE:1930) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuriku Electrical Construction Co stock appears to be overvalued. The current stock price of 円1,632.00 is trading 16.4% above its estimated GF Value™ of 円1,401.97. GuruFocus considers Hokuriku Electrical Construction Co to be Modestly Overvalued.

Key valuation signals for TSE:1930:

  • E10: 円112.31
  • GF Value™: 円1,401.97 vs. price of 円1,632.00 (16.4% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the TSE:1930 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokuriku Electrical Construction Co Business Description

Address 269 Konaka, Toyama, JPN, 939-8183
Hokuriku Electrical Construction Co Ltd is engaged in the facility construction business.
75GF Score

Get the complete analysis for TSE:1930

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

円1,632.00
Price
円1,401.97
GF Value