Feed One Co (TSE:2060) E10: 円115.90 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2060 Feed One Co Ltd TSE:2060
64 GF Score
Price 円1,292.00
GF Value 円862.00
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Feed One Co E10?

Feed One Co TSE:2060 +0.86% 64 E10 is 円115.90 as of Mar. 2026. GuruFocus rates TSE:2060 with a GF Score™ of 64/100 and a GF Value™ of 円862.00 (Significantly Overvalued). The stock has 5 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.

Feed One Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円46.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円115.90 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Feed One Co's average E10 Growth Rate was 11.00% 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.

As of today (2026-07-15), Feed One Co's current stock price is 円1292.00. Feed One Co's E10 for the quarter that ended in Mar. 2026 was 円115.90. Feed One Co's Shiller PE Ratio of today is 11.15.

During the past 12 years, the highest Shiller PE Ratio of Feed One Co was 11.95. The lowest was 7.47. And the median was 9.50.


Feed One Co  (TSE:2060) 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.

Feed One Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1292.00/115.90
=11.15

* 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 12 years, the highest Shiller P/E Ratio of Feed One Co was 11.95. The lowest was 7.47. And the median was 9.50.


Be Aware

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


Feed One Co E10 Related Terms


Feed One Co E10 Historical Data

* Premium members only.

The historical data trend for Feed One 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.

Feed One Co E10 Chart

Feed One 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 0.00 0.00 0.00 104.38 115.90

Feed One 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 104.38 106.30 107.36 111.54 115.90

TSE:2060 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, Feed One 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.


Feed One Co Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Feed One Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:2060
64GF Score
Feed One Co Ltd TSE:2060
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Feed One 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, Feed One 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)
=46.83/112.7000*112.7000
=46.830

Current CPI (Mar. 2026) = 112.7000.

Feed One Co Quarterly Data

per share eps CPI Adj_EPS
201606 19.300 98.100 22.172
201609 28.900 98.000 33.235
201612 15.605 98.400 17.873
201703 36.050 98.100 41.415
201706 26.350 98.500 30.149
201709 11.850 98.800 13.517
201712 16.250 99.400 18.424
201803 20.933 99.200 23.782
201806 21.250 99.200 24.142
201809 18.015 99.900 20.323
201812 59.172 99.700 66.888
201903 19.768 99.700 22.346
201906 17.950 99.800 20.270
201909 21.623 100.100 24.345
201912 28.660 100.500 32.139
202003 29.395 100.300 33.029
202006 28.060 99.900 31.655
202009 18.877 99.900 21.296
202012 35.100 99.300 39.837
202103 30.722 99.900 34.658
202106 28.400 99.500 32.168
202109 44.000 100.100 49.538
202112 12.541 100.100 14.120
202203 9.175 101.100 10.228
202206 -25.800 101.800 -28.562
202209 25.020 103.100 27.350
202212 17.432 104.100 18.872
202303 10.320 104.400 11.140
202306 24.120 105.200 25.840
202309 27.950 106.200 29.661
202312 33.137 106.800 34.968
202403 47.747 107.200 50.197
202406 34.090 108.200 35.508
202409 46.700 108.900 48.330
202412 16.210 110.700 16.503
202503 43.840 111.100 44.471
202506 42.850 111.700 43.234
202509 32.300 112.000 32.502
202512 44.740 113.000 44.621
202603 46.830 112.700 46.830

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115.90 mean?
Feed One Co (TSE:2060) has a E10 of 円115.90 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Feed One Co and its competitors.
Is Feed One Co's E10 too high?
Feed One Co's current E10 is 円115.90. Overall, Feed One Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Feed One Co's E10 compare to KHC and GIS?
Feed One Co's E10 of 円115.90 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Feed One Co and its competitors. Feed One Co's current E10 is 円115.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Feed One Co stock overvalued right now?
Based on GuruFocus' analysis, Feed One Co (TSE:2060) is currently considered Significantly Overvalued. The stock's GF Value™ is 円862.00, compared to a current price of 円1,292.00 — trading 49.9% above its estimated fair value. The current E10 is 円115.90. Feed One Co's overall GF Score™ is 64/100 with 5 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 Feed One Co (TSE:2060), the current E10 is 円115.90 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 Feed One Co (TSE:2060) Overvalued in 2026?

Based on GuruFocus' analysis, Feed One Co stock appears to be overvalued. The current stock price of 円1,292.00 is trading 49.9% above its estimated GF Value™ of 円862.00. GuruFocus considers Feed One Co to be Significantly Overvalued.

Key valuation signals for TSE:2060:

  • E10: 円115.90
  • GF Value™: 円862.00 vs. price of 円1,292.00 (49.9% above fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the TSE:2060 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Feed One Co Business Description

Address 2-23-2, Tsuruyacho, Kanagawa-ku, Kanagawa, Yokohama-shi, JPN, 221-0835
Feed One Co Ltd is a Japanese company engaged in the manufacture and sale of mixed feed, animal and fishery feeds. It also provides other ancillary services such as farm-management consulting, management of veterinary examination and treatment facilities.
64GF Score

Get the complete analysis for TSE:2060

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

円1,292.00
Price
円862.00
GF Value