UT Group Co (TSE:2146) E10: 円8.62 (As of Mar. 2026)


TSE:2146 UT Group Co Ltd TSE:2146
89 GF Score
Price 円173.00
GF Value 円165.77
Valuation Fairly Valued
! 2 Warning Signs
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What is UT Group Co E10?

UT Group Co TSE:2146 89 E10 is 円8.62 as of Mar. 2026. GuruFocus rates TSE:2146 with a GF Score™ of 89/100 and a GF Value™ of 円165.77 (Fairly Valued). 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.

UT Group Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円2.850. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円8.62 for the trailing ten years ended in Mar. 2026.

During the past 12 months, UT Group Co's average E10 Growth Rate was -100.00% 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 UT Group Co was 20.80% per year. The lowest was 13.20% per year. And the median was 16.30% per year.

As of today (2026-07-01), UT Group Co's current stock price is 円173.00. UT Group Co's E10 for the quarter that ended in Mar. 2026 was 円8.62. UT Group Co's Shiller PE Ratio of today is 20.07.

During the past 13 years, the highest Shiller PE Ratio of UT Group Co was 125.15. The lowest was 15.78. And the median was 36.30.


UT Group Co  (TSE:2146) 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.

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

Shiller PE Ratio=Share Price/E10
=173.00/8.62
=20.07

* 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 UT Group Co was 125.15. The lowest was 15.78. And the median was 36.30.


Be Aware

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


UT Group Co E10 Related Terms


UT Group Co E10 Historical Data

* Premium members only.

The historical data trend for UT Group 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.

UT Group Co E10 Chart

UT Group 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 4.60 5.22 6.20 7.65 8.62

UT Group 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 7.65 7.87 8.12 8.44 8.62

TSE:2146 vs KFY, RHI, TNET: E10 Comparison

For the Staffing & Employment Services subindustry, UT Group 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.


UT Group Co Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, UT Group Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:2146
89GF Score
UT Group Co Ltd TSE:2146
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

UT Group 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, UT Group 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)
=2.85/112.7000*112.7000
=2.850

Current CPI (Mar. 2026) = 112.7000.

UT Group Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.779 98.100 0.895
201609 1.121 98.000 1.289
201612 0.889 98.400 1.018
201703 0.767 98.100 0.881
201706 0.959 98.500 1.097
201709 1.370 98.800 1.563
201712 1.440 99.400 1.633
201803 2.039 99.200 2.316
201806 1.784 99.200 2.027
201809 1.582 99.900 1.785
201812 3.054 99.700 3.452
201903 1.782 99.700 2.014
201906 0.500 99.800 0.565
201909 2.390 100.100 2.691
201912 2.313 100.500 2.594
202003 2.243 100.300 2.520
202006 1.909 99.900 2.154
202009 1.942 99.900 2.191
202012 2.315 99.300 2.627
202103 0.933 99.900 1.053
202106 0.316 99.500 0.358
202109 0.857 100.100 0.965
202112 1.876 100.100 2.112
202203 2.137 101.100 2.382
202206 3.478 101.800 3.850
202209 3.857 103.100 4.216
202212 -4.430 104.100 -4.796
202303 3.423 104.400 3.695
202306 3.037 105.200 3.254
202309 2.534 106.200 2.689
202312 3.557 106.800 3.754
202403 0.961 107.200 1.010
202406 7.660 108.200 7.979
202409 2.335 108.900 2.416
202412 3.100 110.700 3.156
202503 1.122 111.100 1.138
202506 2.547 111.700 2.570
202509 2.801 112.000 2.819
202512 3.462 113.000 3.453
202603 2.850 112.700 2.850

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8.62 mean?
UT Group Co (TSE:2146) has a E10 of 円8.62 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on UT Group Co and its competitors.
Is UT Group Co's E10 too high?
UT Group Co's current E10 is 円8.62. Overall, UT Group Co has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does UT Group Co's E10 compare to KFY and RHI?
UT Group Co's E10 of 円8.62 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 UT Group Co and its competitors. UT Group Co's current E10 is 円8.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UT Group Co stock overvalued right now?
Based on GuruFocus' analysis, UT Group Co (TSE:2146) is currently considered Fairly Valued. The stock's GF Value™ is 円165.77, compared to a current price of 円173.00 — trading 4.4% above its estimated fair value. The current E10 is 円8.62. UT Group Co's overall GF Score™ is 89/100 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 UT Group Co (TSE:2146), the current E10 is 円8.62 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 UT Group Co (TSE:2146) Overvalued in 2026?

Based on GuruFocus' analysis, UT Group Co stock appears to be overvalued. The current stock price of 円173.00 is trading 4.4% above its estimated GF Value™ of 円165.77. GuruFocus considers UT Group Co to be Fairly Valued.

Key valuation signals for TSE:2146:

  • E10: 円8.62
  • GF Value™: 円165.77 vs. price of 円173.00 (4.4% above fair value)
  • GF Score™: 89/100 with 2 warning signs

No single metric tells the full story. See the TSE:2146 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


UT Group Co Business Description

Address 1-11-15 Higashi-Gotanda, Denpa Building. 6th Floor, Shinagawa-ku, Tokyo, JPN, 141-0022
UT Group Co Ltd is engaged in worker dispatch and outsourcing of permanent employees in manufacturing, design, and development, construction, and other sectors. The firm operates in three segments: Manufacturing Business, Solution Business, and Engineering Business.
89GF Score

Get the complete analysis for TSE:2146

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

円173.00
Price
円165.77
GF Value