System Location Co (TSE:2480) E10: 円92.89 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:2480 System Location Co Ltd TSE:2480
79 GF Score
Price 円1,733.00
GF Value 円1,422.33
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is System Location Co E10?

System Location Co TSE:2480 +0.46% 79 E10 is 円92.89 as of Mar. 2026. GuruFocus rates TSE:2480 with a GF Score™ of 79/100 and a GF Value™ of 円1,422.33 (Modestly Overvalued). The stock has 8 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.

System Location Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円-8.960. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円92.89 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 6.10% 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 System Location Co was 27.30% per year. The lowest was 6.10% per year. And the median was 23.20% per year.

As of today (2026-08-27), System Location Co's current stock price is 円1733.00. System Location Co's E10 for the quarter that ended in Mar. 2026 was 円92.89. System Location Co's Shiller PE Ratio of today is 18.66.

During the past 13 years, the highest Shiller PE Ratio of System Location Co was 53.94. The lowest was 14.81. And the median was 25.03.


System Location Co  (TSE:2480) 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.

System Location Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1733.00/92.89
=18.66

* 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 System Location Co was 53.94. The lowest was 14.81. And the median was 25.03.


Be Aware

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


System Location Co E10 Related Terms


System Location Co E10 Historical Data

* Premium members only.

The historical data trend for System Location 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.

System Location Co E10 Chart

System Location 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 67.67 77.87 85.57 0.00 92.89

System Location Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 92.24 93.85 95.47 92.89 0.00

TSE:2480 vs CTAS, CPRT, GPN: E10 Comparison

For the Specialty Business Services subindustry, System Location 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.


System Location Co Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, System Location Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:2480
79GF Score
System Location Co Ltd TSE:2480
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

System Location 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, System Location 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)
=-8.96/112.7000*112.7000
=-8.960

Current CPI (Mar. 2026) = 112.7000.

System Location Co Quarterly Data

per share eps CPI Adj_EPS
201512 9.946 98.100 11.426
201603 10.570 97.900 12.168
201606 10.570 98.100 12.143
201609 10.570 98.000 12.156
201612 -2.470 98.400 -2.829
201703 17.312 98.100 19.889
201706 16.800 98.500 19.222
201709 15.360 98.800 17.521
201712 15.012 99.400 17.021
201803 9.390 99.200 10.668
201806 13.300 99.200 15.110
201809 17.350 99.900 19.573
201812 17.417 99.700 19.688
201903 20.370 99.700 23.026
201906 21.000 99.800 23.714
201909 22.410 100.100 25.231
201912 20.850 100.500 23.381
202003 28.550 100.300 32.080
202006 25.250 99.900 28.485
202009 23.040 99.900 25.992
202012 47.483 99.300 53.891
202103 15.170 99.900 17.114
202106 39.430 99.500 44.661
202109 22.696 100.100 25.553
202112 25.970 100.100 29.239
202203 31.630 101.100 35.259
202206 26.110 101.800 28.906
202209 24.740 103.100 27.044
202212 28.341 104.100 30.682
202303 25.480 104.400 27.506
202306 31.210 105.200 33.435
202309 20.889 106.200 22.168
202312 32.260 106.800 34.042
202403 21.617 107.200 22.726
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 32.790 111.700 33.084
202509 30.610 112.000 30.801
202512 29.750 113.000 29.671
202603 -8.960 112.700 -8.960

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92.89 mean?
System Location Co (TSE:2480) has a E10 of 円92.89 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on System Location Co and its competitors.
Is System Location Co's E10 too high?
System Location Co's current E10 is 円92.89. Overall, System Location Co has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does System Location Co's E10 compare to CTAS and CPRT?
System Location Co's E10 of 円92.89 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 System Location Co and its competitors. System Location Co's current E10 is 円92.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is System Location Co stock overvalued right now?
Based on GuruFocus' analysis, System Location Co (TSE:2480) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,422.33, compared to a current price of 円1,733.00 — trading 21.8% above its estimated fair value. The current E10 is 円92.89. System Location Co's overall GF Score™ is 79/100 with 8 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 System Location Co (TSE:2480), the current E10 is 円92.89 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 System Location Co (TSE:2480) Overvalued in 2026?

Based on GuruFocus' analysis, System Location Co stock appears to be overvalued. The current stock price of 円1,733.00 is trading 21.8% above its estimated GF Value™ of 円1,422.33. GuruFocus considers System Location Co to be Modestly Overvalued.

Key valuation signals for TSE:2480:

  • E10: 円92.89
  • GF Value™: 円1,422.33 vs. price of 円1,733.00 (21.8% above fair value)
  • GF Score™: 79/100 with 8 warning signs

No single metric tells the full story. See the TSE:2480 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


System Location Co Business Description

Address 2-6-3, Higashiyama, Meguro-ku, Tokyo, JPN, 153-0043
System Location Co Ltd is engaged in providing business support for automobile-related businesses. The services offered by the company include a vehicle value calculation system, vehicle catalog database, new car sales support, and auto lease sales support portal site.
79GF Score

Get the complete analysis for TSE:2480

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

円1,733.00
Price
円1,422.33
GF Value