Tohokushinsha Film (TSE:2329) E10: 円21.78 (As of Mar. 2026)

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TSE:2329 Tohokushinsha Film Corp TSE:2329
66 GF Score
Price 円499.00
GF Value 円526.95
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Tohokushinsha Film E10?

Tohokushinsha Film TSE:2329 -0.20% 66 E10 is 円21.78 as of Mar. 2026. GuruFocus rates TSE:2329 with a GF Score™ of 66/100 and a GF Value™ of 円526.95 (Fairly Valued). 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.

Tohokushinsha Film's adjusted earnings per share data for the three months ended in Mar. 2026 was 円3.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円21.78 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 8.00% 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 Tohokushinsha Film was 8.00% per year. The lowest was -3.90% per year. And the median was 0.90% per year.

As of today (2026-07-15), Tohokushinsha Film's current stock price is 円499.00. Tohokushinsha Film's E10 for the quarter that ended in Mar. 2026 was 円21.78. Tohokushinsha Film's Shiller PE Ratio of today is 22.91.

During the past 13 years, the highest Shiller PE Ratio of Tohokushinsha Film was 39.75. The lowest was 8.44. And the median was 13.45.


Tohokushinsha Film  (TSE:2329) 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.

Tohokushinsha Film's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=499.00/21.78
=22.91

* 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 Tohokushinsha Film was 39.75. The lowest was 8.44. And the median was 13.45.


Be Aware

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


Tohokushinsha Film E10 Related Terms


Tohokushinsha Film E10 Historical Data

* Premium members only.

The historical data trend for Tohokushinsha Film'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.

Tohokushinsha Film E10 Chart

Tohokushinsha Film 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 17.12 17.30 18.09 0.00 21.78

Tohokushinsha Film Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 18.99 18.85 21.99 21.78

TSE:2329 vs NFLX, DIS, WBD: E10 Comparison

For the Entertainment subindustry, Tohokushinsha Film'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.


Tohokushinsha Film Shiller PE Ratio vs Media - Diversified Industry

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

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


TSE:2329
66GF Score
Tohokushinsha Film Corp TSE:2329
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tohokushinsha Film 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, Tohokushinsha Film'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)
=3.04/112.7000*112.7000
=3.040

Current CPI (Mar. 2026) = 112.7000.

Tohokushinsha Film Quarterly Data

per share eps CPI Adj_EPS
201512 11.197 98.100 12.863
201603 5.343 97.900 6.151
201606 8.600 98.100 9.880
201609 3.226 98.000 3.710
201612 5.390 98.400 6.173
201703 6.023 98.100 6.919
201706 4.227 98.500 4.836
201709 8.187 98.800 9.339
201712 3.649 99.400 4.137
201803 1.450 99.200 1.647
201806 -0.263 99.200 -0.299
201809 -16.753 99.900 -18.900
201812 3.767 99.700 4.258
201903 1.446 99.700 1.635
201906 3.077 99.800 3.475
201909 4.260 100.100 4.796
201912 6.363 100.500 7.135
202003 -0.593 100.300 -0.666
202006 -2.497 99.900 -2.817
202009 4.064 99.900 4.585
202012 4.767 99.300 5.410
202103 -0.280 99.900 -0.316
202106 2.630 99.500 2.979
202109 7.060 100.100 7.949
202112 6.867 100.100 7.731
202203 6.197 101.100 6.908
202206 3.777 101.800 4.181
202209 5.799 103.100 6.339
202212 3.997 104.100 4.327
202303 9.663 104.400 10.431
202306 -0.643 105.200 -0.689
202309 10.612 106.200 11.262
202312 2.699 106.800 2.848
202403 17.140 107.200 18.019
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 12.480 111.700 12.592
202509 6.600 112.000 6.641
202512 28.480 113.000 28.404
202603 3.040 112.700 3.040

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21.78 mean?
Tohokushinsha Film (TSE:2329) has a E10 of 円21.78 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tohokushinsha Film and its competitors.
Is Tohokushinsha Film's E10 too high?
Tohokushinsha Film's current E10 is 円21.78. Overall, Tohokushinsha Film has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tohokushinsha Film's E10 compare to NFLX and DIS?
Tohokushinsha Film's E10 of 円21.78 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 Tohokushinsha Film and its competitors. Tohokushinsha Film's current E10 is 円21.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tohokushinsha Film stock overvalued right now?
Based on GuruFocus' analysis, Tohokushinsha Film (TSE:2329) is currently considered Fairly Valued. The stock's GF Value™ is 円526.95, compared to a current price of 円499.00 — trading 5.3% below its estimated fair value. The current E10 is 円21.78. Tohokushinsha Film's overall GF Score™ is 66/100 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 Tohokushinsha Film (TSE:2329), the current E10 is 円21.78 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 Tohokushinsha Film (TSE:2329) Overvalued in 2026?

Based on GuruFocus' analysis, Tohokushinsha Film stock appears to be undervalued. The current stock price of 円499.00 is trading 5.3% below its estimated GF Value™ of 円526.95. GuruFocus considers Tohokushinsha Film to be Fairly Valued.

Key valuation signals for TSE:2329:

  • E10: 円21.78
  • GF Value™: 円526.95 vs. price of 円499.00 (5.3% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the TSE:2329 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tohokushinsha Film Business Description

Address 4-8-10 Akasaka, Minato-ku, Tokyo, JPN
Tohokushinsha Film Corp is a Japanese based media company. It operates in four business divisions including media production, distribution, broadcasting and commercial film production. Its business activities include advertising production, sales promotion, digital production, dubbing and subtitling, film distribution, film library, television distribution, and broadcasting operations.
66GF Score

Get the complete analysis for TSE:2329

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

円499.00
Price
円526.95
GF Value