Marudai Food Co (TSE:2288) E10: 円38.13 (As of Mar. 2026)


TSE:2288 Marudai Food Co Ltd TSE:2288
52 GF Score
Price 円2,233.00
GF Value 円1,819.24
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Marudai Food Co E10?

Marudai Food Co TSE:2288 -0.89% 52 E10 is 円38.13 as of Mar. 2026. GuruFocus rates TSE:2288 with a GF Score™ of 52/100 and a GF Value™ of 円1,819.24 (Modestly Overvalued). 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.

Marudai Food Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円192.970. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円38.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Marudai Food Co's average E10 Growth Rate was 309.60% per year. During the past 3 years, the average E10 Growth Rate was -0.70% 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 Marudai Food Co was -0.70% per year. The lowest was -47.80% per year. And the median was -13.70% per year.

As of today (2026-07-01), Marudai Food Co's current stock price is 円2233.00. Marudai Food Co's E10 for the quarter that ended in Mar. 2026 was 円38.13. Marudai Food Co's Shiller PE Ratio of today is 58.56.

During the past 13 years, the highest Shiller PE Ratio of Marudai Food Co was 380.84. The lowest was 17.00. And the median was 24.17.


Marudai Food Co  (TSE:2288) 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.

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

Shiller PE Ratio=Share Price/E10
=2233.00/38.13
=58.56

* 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 Marudai Food Co was 380.84. The lowest was 17.00. And the median was 24.17.


Be Aware

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


Marudai Food Co E10 Related Terms


Marudai Food Co E10 Historical Data

* Premium members only.

The historical data trend for Marudai Food 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.

Marudai Food Co E10 Chart

Marudai Food 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 65.42 38.95 -5.28 9.31 38.13

Marudai Food 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 9.31 12.16 16.37 18.44 38.13

TSE:2288 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, Marudai Food 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.


Marudai Food Co Shiller PE Ratio vs Consumer Packaged Goods Industry

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

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


TSE:2288
52GF Score
Marudai Food Co Ltd TSE:2288
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marudai Food 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, Marudai Food 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)
=192.97/112.7000*112.7000
=192.970

Current CPI (Mar. 2026) = 112.7000.

Marudai Food Co Quarterly Data

per share eps CPI Adj_EPS
201606 43.200 98.100 49.629
201609 28.000 98.000 32.200
201612 55.750 98.400 63.852
201703 -2.017 98.100 -2.317
201706 40.200 98.500 45.995
201709 5.590 98.800 6.376
201712 38.000 99.400 43.085
201803 -13.952 99.200 -15.851
201806 11.650 99.200 13.235
201809 13.360 99.900 15.072
201812 46.530 99.700 52.597
201903 -14.075 99.700 -15.910
201906 44.000 99.800 49.687
201909 12.420 100.100 13.983
201912 28.400 100.500 31.848
202003 -19.824 100.300 -22.275
202006 -8.580 99.900 -9.679
202009 18.330 99.900 20.679
202012 33.270 99.300 37.760
202103 -26.770 99.900 -30.200
202106 7.030 99.500 7.963
202109 -3.160 100.100 -3.558
202112 24.420 100.100 27.494
202203 -43.220 101.100 -48.179
202206 -2.210 101.800 -2.447
202209 -20.680 103.100 -22.606
202212 32.270 104.100 34.936
202303 -208.549 104.400 -225.129
202306 39.030 105.200 41.813
202309 0.270 106.200 0.287
202312 58.430 106.800 61.658
202403 -476.727 107.200 -501.186
202406 128.940 108.200 134.303
202409 42.970 108.900 44.469
202412 60.000 110.700 61.084
202503 -9.850 111.100 -9.992
202506 58.060 111.700 58.580
202509 72.420 112.000 72.873
202512 76.440 113.000 76.237
202603 192.970 112.700 192.970

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38.13 mean?
Marudai Food Co (TSE:2288) has a E10 of 円38.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Marudai Food Co and its competitors.
Is Marudai Food Co's E10 too high?
Marudai Food Co's current E10 is 円38.13. Overall, Marudai Food Co has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marudai Food Co's E10 compare to KHC and GIS?
Marudai Food Co's E10 of 円38.13 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 Marudai Food Co and its competitors. Marudai Food Co's current E10 is 円38.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marudai Food Co stock overvalued right now?
Based on GuruFocus' analysis, Marudai Food Co (TSE:2288) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,819.24, compared to a current price of 円2,233.00 — trading 22.7% above its estimated fair value. The current E10 is 円38.13. Marudai Food Co's overall GF Score™ is 52/100 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 Marudai Food Co (TSE:2288), the current E10 is 円38.13 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 Marudai Food Co (TSE:2288) Overvalued in 2026?

Based on GuruFocus' analysis, Marudai Food Co stock appears to be overvalued. The current stock price of 円2,233.00 is trading 22.7% above its estimated GF Value™ of 円1,819.24. GuruFocus considers Marudai Food Co to be Modestly Overvalued.

Key valuation signals for TSE:2288:

  • E10: 円38.13
  • GF Value™: 円1,819.24 vs. price of 円2,233.00 (22.7% above fair value)
  • GF Score™: 52/100 with 3 warning signs

No single metric tells the full story. See the TSE:2288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marudai Food Co Business Description

Other Exchanges MFL1:Germany
Address 21-3, Midori-cho, Takatsuki-shi, Osaka, JPN
Marudai Food Co Ltd is a food manufacturing company, which through its subsidiaries, is engaged in the manufacturing and sale of hams and sausages, including bone-less hams, bacon, wiener sausages, fish hams and sausages.
52GF Score

Get the complete analysis for TSE:2288

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

円2,233.00
Price
円1,819.24
GF Value