E J Holdings (TSE:2153) E10: 円148.93 (As of Nov. 2025)


TSE:2153 E J Holdings Inc TSE:2153
69 GF Score
Price 円1,588.00
GF Value 円1,958.61
Valuation Modestly Undervalued
! 1 Warning Sign
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What is E J Holdings E10?

E J Holdings TSE:2153 +0.51% 69 E10 is 円148.93 as of Nov. 2025. GuruFocus rates TSE:2153 with a GF Score™ of 69/100 and a GF Value™ of 円1,958.61 (Modestly Undervalued). The stock has 1 warning sign 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.

E J Holdings's adjusted earnings per share data for the three months ended in Nov. 2025 was 円-26.330. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円148.93 for the trailing ten years ended in Nov. 2025.

During the past 12 months, E J Holdings's average E10 Growth Rate was 9.30% per year. During the past 3 years, the average E10 Growth Rate was 8.50% 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 E J Holdings was 13.90% per year. The lowest was 8.50% per year. And the median was 11.20% per year.

As of today (2026-06-27), E J Holdings's current stock price is 円1588.00. E J Holdings's E10 for the quarter that ended in Nov. 2025 was 円148.93. E J Holdings's Shiller PE Ratio of today is 10.66.

During the past 13 years, the highest Shiller PE Ratio of E J Holdings was 19.13. The lowest was 10.11. And the median was 12.17.


E J Holdings  (TSE:2153) 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.

E J Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1588.00/148.93
=10.66

* 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 E J Holdings was 19.13. The lowest was 10.11. And the median was 12.17.


Be Aware

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


E J Holdings E10 Related Terms


E J Holdings E10 Historical Data

* Premium members only.

The historical data trend for E J Holdings'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.

E J Holdings E10 Chart

E J Holdings Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.15 111.90 124.56 131.66 142.77

E J Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 145.66 142.77 143.75 148.93 0.00

TSE:2153 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, E J Holdings'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.


E J Holdings Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, E J Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where E J Holdings's Shiller PE Ratio falls into.


TSE:2153
69GF Score
E J Holdings Inc TSE:2153
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

E J Holdings 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, E J Holdings's adjusted earnings per share data for the three months ended in Nov. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Nov. 2025 (Change)*Current CPI (Nov. 2025)
=-26.33/113.2000*113.2000
=-26.330

Current CPI (Nov. 2025) = 113.2000.

E J Holdings Quarterly Data

per share eps CPI Adj_EPS
201602 -18.205 97.800 -21.072
201605 218.206 98.200 251.537
201608 -81.620 97.900 -94.376
201611 -57.015 98.600 -65.457
201702 -29.791 98.100 -34.377
201705 142.795 98.600 163.939
201708 -65.695 98.500 -75.499
201711 -37.440 99.100 -42.767
201802 0.784 99.500 0.892
201805 186.425 99.300 212.521
201808 -73.255 99.800 -83.091
201811 -57.495 100.000 -65.084
201902 2.962 99.700 3.363
201905 206.365 100.000 233.605
201908 -56.365 100.000 -63.805
201911 -20.960 100.500 -23.609
202002 -0.441 100.300 -0.498
202005 226.795 100.100 256.475
202008 -35.440 100.100 -40.078
202011 -12.680 99.500 -14.426
202102 27.829 99.800 31.566
202105 190.447 99.400 216.887
202108 -28.190 99.700 -32.007
202111 -4.585 100.100 -5.185
202202 21.020 100.700 23.629
202205 209.160 101.800 232.583
202208 -40.470 102.700 -44.608
202211 -16.907 103.900 -18.420
202302 19.760 104.000 21.508
202305 232.701 105.100 250.635
202308 -41.970 105.900 -44.863
202311 -21.100 106.900 -22.343
202402 36.097 106.900 38.224
202405 220.152 108.100 230.538
202408 -55.430 109.100 -57.513
202411 -37.320 110.000 -38.406
202502 50.950 110.800 52.054
202505 245.860 111.800 248.939
202508 -65.120 112.100 -65.759
202511 -26.330 113.200 -26.330

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148.93 mean?
E J Holdings (TSE:2153) has a E10 of 円148.93 as of Nov. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on E J Holdings and its competitors.
Is E J Holdings' E10 too high?
E J Holdings' current E10 is 円148.93. Overall, E J Holdings has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does E J Holdings' E10 compare to PWR and FIX?
E J Holdings' E10 of 円148.93 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 E J Holdings and its competitors. E J Holdings's current E10 is 円148.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is E J Holdings stock overvalued right now?
Based on GuruFocus' analysis, E J Holdings (TSE:2153) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,958.61, compared to a current price of 円1,588.00 — trading 18.9% below its estimated fair value. The current E10 is 円148.93. E J Holdings' overall GF Score™ is 69/100 with 1 warning sign 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 E J Holdings (TSE:2153), the current E10 is 円148.93 as of Nov. 2025. 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 E J Holdings (TSE:2153) Overvalued in 2026?

Based on GuruFocus' analysis, E J Holdings stock appears to be undervalued. The current stock price of 円1,588.00 is trading 18.9% below its estimated GF Value™ of 円1,958.61. GuruFocus considers E J Holdings to be Modestly Undervalued.

Key valuation signals for TSE:2153:

  • E10: 円148.93
  • GF Value™: 円1,958.61 vs. price of 円1,588.00 (18.9% below fair value)
  • GF Score™: 69/100 with 1 warning sign

No single metric tells the full story. See the TSE:2153 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


E J Holdings Business Description

Address 3 - chome 1-21 Tsujima - kyo cho Kita - ku, Okayama, JPN, 700 - 0087
E J Holdings Inc is a business service provider. The business of the company includes planning, managing, and supervising business execution of affiliated companies, and oversee the management of entire group.
69GF Score

Get the complete analysis for TSE:2153

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

円1,588.00
Price
円1,958.61
GF Value