Cookpad (TSE:2193) E10: 円-1.48 (As of Dec. 2025)


TSE:2193 Cookpad Inc TSE:2193
49 GF Score
Price 円111.00
GF Value 円151.18
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Cookpad E10?

Cookpad TSE:2193 -1.77% 49 E10 is 円-1.48 as of Dec. 2025. GuruFocus rates TSE:2193 with a GF Score™ of 49/100 and a GF Value™ of 円151.18 (Modestly Undervalued). The stock has 3 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.

Cookpad's adjusted earnings per share data for the three months ended in Dec. 2025 was 円2.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円-1.48 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Cookpad's average E10 Growth Rate was -180.40% 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 Cookpad was -17.40% per year. The lowest was -57.50% per year. And the median was -35.40% per year.

As of today (2026-06-29), Cookpad's current stock price is 円111.00. Cookpad's E10 for the quarter that ended in Dec. 2025 was 円-1.48. Cookpad's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Cookpad was 198.96. The lowest was 15.25. And the median was 26.53.


Cookpad  (TSE:2193) 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.

During the past 13 years, the highest Shiller P/E Ratio of Cookpad was 198.96. The lowest was 15.25. And the median was 26.53.


Be Aware

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


Cookpad E10 Related Terms


Cookpad E10 Historical Data

* Premium members only.

The historical data trend for Cookpad'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.

Cookpad E10 Chart

Cookpad Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.80 5.29 0.99 1.84 -1.48

Cookpad 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 1.22 -0.02 -0.05 -1.48 0.00

TSE:2193 vs GOOGL, META, SPOT: E10 Comparison

For the Internet Content & Information subindustry, Cookpad'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.


Cookpad Shiller PE Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Cookpad's Shiller PE Ratio distribution charts can be found below:

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


TSE:2193
49GF Score
Cookpad Inc TSE:2193
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cookpad 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, Cookpad's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=2.72/113.0000*113.0000
=2.720

Current CPI (Dec. 2025) = 113.0000.

Cookpad Quarterly Data

per share eps CPI Adj_EPS
201603 9.950 97.900 11.485
201606 11.170 98.100 12.867
201609 13.170 98.000 15.186
201612 -25.940 98.400 -29.789
201703 14.110 98.100 16.253
201706 9.210 98.500 10.566
201709 -0.860 98.800 -0.984
201712 9.930 99.400 11.289
201803 2.790 99.200 3.178
201806 2.860 99.200 3.258
201809 0.840 99.900 0.950
201812 -2.720 99.700 -3.083
201903 1.990 99.700 2.255
201906 0.700 99.800 0.793
201909 1.890 100.100 2.134
201912 -13.600 100.500 -15.292
202003 1.280 100.300 1.442
202006 0.560 99.900 0.633
202009 -0.415 99.900 -0.469
202012 2.860 99.300 3.255
202103 -3.070 99.900 -3.473
202106 -6.246 99.500 -7.093
202109 -6.979 100.100 -7.878
202112 -6.140 100.100 -6.931
202203 -5.189 101.100 -5.800
202206 -6.960 101.800 -7.726
202209 -8.720 103.100 -9.557
202212 -12.600 104.100 -13.677
202303 -15.738 104.400 -17.034
202306 -8.268 105.200 -8.881
202309 -3.420 106.200 -3.639
202312 4.920 106.800 5.206
202403 4.190 107.200 4.417
202406 4.250 108.200 4.439
202409 1.850 108.900 1.920
202412 5.290 110.700 5.400
202503 1.350 111.100 1.373
202506 -0.890 111.700 -0.900
202509 6.370 112.000 6.427
202512 2.720 113.000 2.720

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-1.48 mean?
Cookpad (TSE:2193) has a E10 of 円-1.48 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Cookpad and its competitors.
Is Cookpad's E10 too high?
Cookpad's current E10 is 円-1.48. Overall, Cookpad has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cookpad's E10 compare to GOOGL and META?
Cookpad's E10 of 円-1.48 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good E10 depends on the Interactive Media 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 Cookpad and its competitors. Cookpad's current E10 is 円-1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cookpad stock overvalued right now?
Based on GuruFocus' analysis, Cookpad (TSE:2193) is currently considered Modestly Undervalued. The stock's GF Value™ is 円151.18, compared to a current price of 円111.00 — trading 26.6% below its estimated fair value. The current E10 is 円-1.48. Cookpad's overall GF Score™ is 49/100 with 3 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 Cookpad (TSE:2193), the current E10 is 円-1.48 as of Dec. 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 Cookpad (TSE:2193) Overvalued in 2026?

Based on GuruFocus' analysis, Cookpad stock appears to be undervalued. The current stock price of 円111.00 is trading 26.6% below its estimated GF Value™ of 円151.18. GuruFocus considers Cookpad to be Modestly Undervalued.

Key valuation signals for TSE:2193:

  • E10: 円-1.48
  • GF Value™: 円151.18 vs. price of 円111.00 (26.6% below fair value)
  • GF Score™: 49/100 with 3 warning signs

No single metric tells the full story. See the TSE:2193 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cookpad Business Description

Other Exchanges CKPDY:USA
Address 2-22-44 Ohashi, Meguro-ku, JPN, 153-0044
Cookpad Inc is a Japanese Internet company that specializes in the sharing of user-created food recipes. The company operates Cookpad, Japan's recipe-sharing site, which allows users to upload and browse recipes. The company offers various services to its online users, such as professional recipes, discussion boards, cooking lessons, weight-loss advice, and home food-delivery services The company expanded outside of Japan, where it still generates the majority of its revenue. Cookpad now also operates in Indonesia, the Philippines, South America, the United States, and the United Kingdom.
49GF Score

Get the complete analysis for TSE:2193

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

円111.00
Price
円151.18
GF Value