Members Co (TSE:2130) E10: 円61.60 (As of Mar. 2026)

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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:2130 Members Co Ltd TSE:2130
82 GF Score
Price 円1,105.00
GF Value 円1,307.90
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Members Co E10?

Members Co TSE:2130 +1.38% 82 E10 is 円61.60 as of Mar. 2026. GuruFocus rates TSE:2130 with a GF Score™ of 82/100 and a GF Value™ of 円1,307.90 (Modestly Undervalued). 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.

Members Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円53.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円61.60 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Members Co's average E10 Growth Rate was 14.50% per year. During the past 3 years, the average E10 Growth Rate was 7.10% per year. During the past 5 years, the average E10 Growth Rate was -18.50% 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 Members Co was 8.50% per year. The lowest was -61.40% per year. And the median was -44.50% per year.

As of today (2026-07-21), Members Co's current stock price is 円1105.00. Members Co's E10 for the quarter that ended in Mar. 2026 was 円61.60. Members Co's Shiller PE Ratio of today is 17.94.

During the past 13 years, the highest Shiller PE Ratio of Members Co was 84.51. The lowest was 1.22. And the median was 18.23.


Members Co  (TSE:2130) 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.

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

Shiller PE Ratio=Share Price/E10
=1105.00/61.60
=17.94

* 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 Members Co was 84.51. The lowest was 1.22. And the median was 18.23.


Be Aware

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


Members Co E10 Related Terms


Members Co E10 Historical Data

* Premium members only.

The historical data trend for Members 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.

Members Co E10 Chart

Members 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 42.12 50.17 51.04 53.82 61.60

Members 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 53.82 53.72 54.78 57.59 61.60

TSE:2130 vs APP, OMC, TTD: E10 Comparison

For the Advertising Agencies subindustry, Members 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.


Members Co Shiller PE Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Members Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:2130
82GF Score
Members Co Ltd TSE:2130
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Members 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, Members 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)
=53.01/112.7000*112.7000
=53.010

Current CPI (Mar. 2026) = 112.7000.

Members Co Quarterly Data

per share eps CPI Adj_EPS
201606 -0.320 98.100 -0.368
201609 13.800 98.000 15.870
201612 6.410 98.400 7.342
201703 16.540 98.100 19.002
201706 -3.870 98.500 -4.428
201709 13.070 98.800 14.909
201712 8.690 99.400 9.853
201803 16.740 99.200 19.018
201806 -2.460 99.200 -2.795
201809 13.490 99.900 15.218
201812 15.660 99.700 17.702
201903 20.560 99.700 23.241
201906 -2.220 99.800 -2.507
201909 18.770 100.100 21.133
201912 14.900 100.500 16.709
202003 33.850 100.300 38.035
202006 -0.900 99.900 -1.015
202009 9.960 99.900 11.236
202012 21.840 99.300 24.787
202103 36.890 99.900 41.617
202106 1.340 99.500 1.518
202109 18.160 100.100 20.446
202112 32.130 100.100 36.174
202203 53.840 101.100 60.017
202206 -5.100 101.800 -5.646
202209 16.840 103.100 18.408
202212 16.590 104.100 17.961
202303 47.430 104.400 51.201
202306 -29.710 105.200 -31.828
202309 -0.700 106.200 -0.743
202312 1.260 106.800 1.330
202403 38.840 107.200 40.833
202406 -26.450 108.200 -27.550
202409 1.240 108.900 1.283
202412 17.760 110.700 18.081
202503 34.830 111.100 35.332
202506 -3.220 111.700 -3.249
202509 18.480 112.000 18.596
202512 26.370 113.000 26.300
202603 53.010 112.700 53.010

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61.60 mean?
Members Co (TSE:2130) has a E10 of 円61.60 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Members Co and its competitors.
Is Members Co's E10 too high?
Members Co's current E10 is 円61.60. Overall, Members Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Members Co's E10 compare to APP and OMC?
Members Co's E10 of 円61.60 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good E10 depends on the Media - Diversified 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 Members Co and its competitors. Members Co's current E10 is 円61.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Members Co stock overvalued right now?
Based on GuruFocus' analysis, Members Co (TSE:2130) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,307.90, compared to a current price of 円1,105.00 — trading 15.5% below its estimated fair value. The current E10 is 円61.60. Members Co's overall GF Score™ is 82/100 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 Members Co (TSE:2130), the current E10 is 円61.60 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 Members Co (TSE:2130) Overvalued in 2026?

Based on GuruFocus' analysis, Members Co stock appears to be undervalued. The current stock price of 円1,105.00 is trading 15.5% below its estimated GF Value™ of 円1,307.90. GuruFocus considers Members Co to be Modestly Undervalued.

Key valuation signals for TSE:2130:

  • E10: 円61.60
  • GF Value™: 円1,307.90 vs. price of 円1,105.00 (15.5% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the TSE:2130 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Members Co Business Description

Address Lexington Plaza 5-2-4 Nishi-Gotanda, Shinagawa-ku, Tokyo, JPN
Members Co Ltd is engaged in providing marketing strategy, web video production business, web content planning, web creator dispatch business, web media management, system development service business, and freelance support project.
82GF Score

Get the complete analysis for TSE:2130

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

円1,105.00
Price
円1,307.90
GF Value