DIP (TSE:2379) E10: 円136.15 (As of May. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2379 DIP Corp TSE:2379
87 GF Score
Price 円1,808.00
GF Value 円2,409.19
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is DIP E10?

DIP TSE:2379 -0.17% 87 E10 is 円136.15 as of May. 2026. GuruFocus rates TSE:2379 with a GF Score™ of 87/100 and a GF Value™ of 円2,409.19 (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.

DIP's adjusted earnings per share data for the three months ended in May. 2026 was 円11.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円136.15 for the trailing ten years ended in May. 2026.

During the past 12 months, DIP's average E10 Growth Rate was -0.20% per year. During the past 3 years, the average E10 Growth Rate was 10.90% per year. During the past 5 years, the average E10 Growth Rate was 13.50% 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 DIP was 18.70% per year. The lowest was 9.40% per year. And the median was 14.00% per year.

As of today (2026-07-19), DIP's current stock price is 円1808.00. DIP's E10 for the quarter that ended in May. 2026 was 円136.15. DIP's Shiller PE Ratio of today is 13.28.

During the past 13 years, the highest Shiller PE Ratio of DIP was 79.71. The lowest was 12.69. And the median was 33.96.


DIP  (TSE:2379) 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.

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

Shiller PE Ratio=Share Price/E10
=1808.00/136.15
=13.28

* 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 DIP was 79.71. The lowest was 12.69. And the median was 33.96.


Be Aware

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


DIP E10 Related Terms


DIP E10 Historical Data

* Premium members only.

The historical data trend for DIP'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.

DIP E10 Chart

DIP Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.25 100.13 117.49 132.99 136.41

DIP Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 136.48 137.92 140.17 136.41 136.15

TSE:2379 vs GOOGL, META, SPOT: E10 Comparison

For the Internet Content & Information subindustry, DIP'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.


DIP Shiller PE Ratio vs Interactive Media Industry

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

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


TSE:2379
87GF Score
DIP Corp TSE:2379
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DIP 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, DIP's adjusted earnings per share data for the three months ended in May. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=11.91/113.5000*113.5000
=11.910

Current CPI (May. 2026) = 113.5000.

DIP Quarterly Data

per share eps CPI Adj_EPS
201608 24.380 97.900 28.265
201611 28.590 98.600 32.910
201702 31.740 98.100 36.723
201705 32.540 98.600 37.457
201708 30.410 98.500 35.041
201711 39.400 99.100 45.125
201802 32.980 99.500 37.620
201805 38.560 99.300 44.074
201808 37.080 99.800 42.170
201811 43.640 100.000 49.531
201902 45.170 99.700 51.422
201905 44.910 100.000 50.973
201908 45.100 100.000 51.189
201911 50.030 100.500 56.502
202002 43.720 100.300 49.474
202005 35.560 100.100 40.320
202008 15.260 100.100 17.303
202011 -50.774 99.500 -57.918
202102 9.209 99.800 10.473
202105 21.740 99.400 24.824
202108 17.070 99.700 19.433
202111 9.160 100.100 10.386
202202 14.640 100.700 16.501
202205 35.880 101.800 40.004
202208 30.140 102.700 33.310
202211 45.680 103.900 49.901
202302 29.950 104.000 32.686
202305 38.490 105.100 41.566
202308 39.970 105.900 42.838
202311 44.510 106.900 47.258
202402 40.180 106.900 42.661
202405 51.420 108.100 53.989
202408 42.050 109.100 43.746
202411 29.500 110.000 30.439
202502 45.350 110.800 46.455
202505 43.860 111.800 44.527
202508 27.140 112.100 27.479
202511 35.970 113.200 36.065
202602 6.820 112.200 6.899
202605 11.910 113.500 11.910

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136.15 mean?
DIP (TSE:2379) has a E10 of 円136.15 as of May. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on DIP and its competitors.
Is DIP's E10 too high?
DIP's current E10 is 円136.15. Overall, DIP has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DIP's E10 compare to GOOGL and META?
DIP's E10 of 円136.15 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 DIP and its competitors. DIP's current E10 is 円136.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DIP stock overvalued right now?
Based on GuruFocus' analysis, DIP (TSE:2379) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,409.19, compared to a current price of 円1,808.00 — trading 25% below its estimated fair value. The current E10 is 円136.15. DIP's overall GF Score™ is 87/100 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 DIP (TSE:2379), the current E10 is 円136.15 as of May. 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 DIP (TSE:2379) Overvalued in 2026?

Based on GuruFocus' analysis, DIP stock appears to be undervalued. The current stock price of 円1,808.00 is trading 25% below its estimated GF Value™ of 円2,409.19. GuruFocus considers DIP to be Modestly Undervalued.

Key valuation signals for TSE:2379:

  • E10: 円136.15
  • GF Value™: 円2,409.19 vs. price of 円1,808.00 (25% below fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the TSE:2379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DIP Business Description

Address 32nd Floor, Izumi Garden Tower, 1-6-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6032
DIP Corp is a Japan-based technology company that mainly provides job information and employment agency services online. The company has five business divisions. The Baitoru Com segment offers job information to contractors and recruiting companies. The Job Engine segment provides job offering and career change information to recruiting companies. The Hatarako Net provides staff service job information to staffing companies. The Other division specializes in services for restaurant customers, while the Agent segment provides employment services for healthcare facilities.
87GF Score

Get the complete analysis for TSE:2379

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

円1,808.00
Price
円2,409.19
GF Value