Fan Communications (TSE:2461) E10: 円0.00 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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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Charlie Tian
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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:2461 Fan Communications Inc TSE:2461
67 GF Score
Price 円404.00
GF Value 円399.05
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Fan Communications E10?

Fan Communications TSE:2461 -0.49% 67 E10 is 円0.00 as of Dec. 2025. GuruFocus rates TSE:2461 with a GF Score™ of 67/100 and a GF Value™ of 円399.05 (Fairly Valued). The stock has 2 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.

Fan Communications's adjusted earnings per share data for the three months ended in Dec. 2025 was 円0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円0.00 for the trailing ten years ended in Dec. 2025.

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 Fan Communications was 4.70% per year. The lowest was 2.00% per year. And the median was 3.70% per year.

As of today (2026-07-19), Fan Communications's current stock price is 円404.00. Fan Communications's E10 for the quarter that ended in Dec. 2025 was 円0.00. Fan Communications's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Fan Communications was 38.22. The lowest was 9.69. And the median was 11.40.


Fan Communications  (TSE:2461) 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 Fan Communications was 38.22. The lowest was 9.69. And the median was 11.40.


Be Aware

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


Fan Communications E10 Related Terms


Fan Communications E10 Historical Data

* Premium members only.

The historical data trend for Fan Communications'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.

Fan Communications E10 Chart

Fan Communications 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 37.70 39.53 38.68 0.00 0.00

Fan Communications Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 37.75 37.04 0.00 0.00 0.00

TSE:2461 vs APP, OMC, TTD: E10 Comparison

For the Advertising Agencies subindustry, Fan Communications'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.


Fan Communications Shiller PE Ratio vs Media - Diversified Industry

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

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


TSE:2461
67GF Score
Fan Communications Inc TSE:2461
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fan Communications 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, Fan Communications'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)
=0/113.0000*113.0000
=0.000

Current CPI (Dec. 2025) = 113.0000.

Fan Communications Quarterly Data

per share eps CPI Adj_EPS
201512 12.330 98.100 14.203
201603 12.290 97.900 14.186
201606 13.010 98.100 14.986
201609 13.210 98.000 15.232
201612 12.260 98.400 14.079
201703 14.240 98.100 16.403
201706 16.070 98.500 18.436
201709 14.090 98.800 16.115
201712 10.540 99.400 11.982
201803 10.640 99.200 12.120
201806 10.470 99.200 11.927
201809 8.290 99.900 9.377
201812 3.940 99.700 4.466
201903 8.290 99.700 9.396
201906 8.750 99.800 9.907
201909 9.650 100.100 10.894
201912 6.154 100.500 6.919
202003 7.750 100.300 8.731
202006 8.960 99.900 10.135
202009 5.453 99.900 6.168
202012 4.743 99.300 5.397
202103 6.090 99.900 6.889
202106 7.130 99.500 8.097
202109 5.490 100.100 6.198
202112 3.871 100.100 4.370
202203 5.600 101.100 6.259
202206 6.870 101.800 7.626
202209 6.570 103.100 7.201
202212 3.244 104.100 3.521
202303 5.890 104.400 6.375
202306 3.210 105.200 3.448
202309 5.567 106.200 5.923
202312 3.940 106.800 4.169
202403 7.780 107.200 8.201
202406 4.747 108.200 4.958
202412 0.000 110.700 0.000
202503 5.880 111.100 5.981
202506 4.590 111.700 4.643
202509 0.000 112.000 0.000
202512 0.000 113.000 0.000

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0.00 mean?
Fan Communications (TSE:2461) has a E10 of 円0.00 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fan Communications and its competitors.
Is Fan Communications' E10 too high?
Fan Communications' current E10 is 円0.00. Overall, Fan Communications has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fan Communications' E10 compare to APP and OMC?
Fan Communications' E10 of 円0.00 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 Fan Communications and its competitors. Fan Communications's current E10 is 円0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fan Communications stock overvalued right now?
Based on GuruFocus' analysis, Fan Communications (TSE:2461) is currently considered Fairly Valued. The stock's GF Value™ is 円399.05, compared to a current price of 円404.00 — trading 1.2% above its estimated fair value. The current E10 is 円0.00. Fan Communications' overall GF Score™ is 67/100 with 2 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 Fan Communications (TSE:2461), the current E10 is 円0.00 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 Fan Communications (TSE:2461) Overvalued in 2026?

Based on GuruFocus' analysis, Fan Communications stock appears to be overvalued. The current stock price of 円404.00 is trading 1.2% above its estimated GF Value™ of 円399.05. GuruFocus considers Fan Communications to be Fairly Valued.

Key valuation signals for TSE:2461:

  • E10: 円0.00
  • GF Value™: 円399.05 vs. price of 円404.00 (1.2% above fair value)
  • GF Score™: 67/100 with 2 warning signs

No single metric tells the full story. See the TSE:2461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fan Communications Business Description

Address 1-1-8 Shibuya, Aoyama Diamond Building (Reception: 2nd Floor), Shibuya-ku, Tokyo, JPN, 150-0002
Fan Communications Inc is a Japanese Internet marketing company. The company is developing Internet advertising-related businesses. It has its own media operation and advertising agency and is mainly involved in Internet-based performance marketing ad network services. Its product and services are divided into cost per action ad network business (affiliate advertising, smartphone app install advertising) and cost per click/targeting ad network business (smartphone and network, behavioral targeting supply-side platforms). The company provides advertising through A8.net affiliate advertising service platform and A8app a smartphone application to install for promotions.
67GF Score

Get the complete analysis for TSE:2461

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

円404.00
Price
円399.05
GF Value