JTP Co (TSE:2488) E10: 円54.87 (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:2488 JTP Co Ltd TSE:2488
87 GF Score
Price 円1,491.00
GF Value 円1,326.68
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is JTP Co E10?

JTP Co TSE:2488 -0.60% 87 E10 is 円54.87 as of Mar. 2026. GuruFocus rates TSE:2488 with a GF Score™ of 87/100 and a GF Value™ of 円1,326.68 (Modestly Overvalued). 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.

JTP Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円44.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円54.87 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 19.20% 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 JTP Co was 57.60% per year. The lowest was 19.20% per year. And the median was 31.25% per year.

As of today (2026-09-02), JTP Co's current stock price is 円1491.00. JTP Co's E10 for the quarter that ended in Mar. 2026 was 円54.87. JTP Co's Shiller PE Ratio of today is 27.17.

During the past 13 years, the highest Shiller PE Ratio of JTP Co was 166.96. The lowest was 21.71. And the median was 30.50.


JTP Co  (TSE:2488) 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.

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

Shiller PE Ratio=Share Price/E10
=1491.00/54.87
=27.17

* 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 JTP Co was 166.96. The lowest was 21.71. And the median was 30.50.


Be Aware

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


JTP Co E10 Related Terms


JTP Co E10 Historical Data

* Premium members only.

The historical data trend for JTP 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.

JTP Co E10 Chart

JTP 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 26.03 32.36 41.53 0.00 54.87

JTP 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 46.78 49.09 51.23 54.87 0.00

TSE:2488 vs IBM, ACN, CTSH: E10 Comparison

For the Information Technology Services subindustry, JTP 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.


JTP Co Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, JTP Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:2488
87GF Score
JTP Co Ltd TSE:2488
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JTP 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, JTP 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)
=44.95/112.7000*112.7000
=44.950

Current CPI (Mar. 2026) = 112.7000.

JTP Co Quarterly Data

per share eps CPI Adj_EPS
201512 5.249 98.100 6.030
201603 -3.742 97.900 -4.308
201606 4.210 98.100 4.837
201609 7.156 98.000 8.229
201612 5.907 98.400 6.765
201703 -16.955 98.100 -19.478
201706 2.740 98.500 3.135
201709 8.650 98.800 9.867
201712 10.768 99.400 12.209
201803 14.139 99.200 16.063
201806 4.060 99.200 4.613
201809 4.750 99.900 5.359
201812 13.799 99.700 15.598
201903 7.762 99.700 8.774
201906 10.300 99.800 11.631
201909 19.342 100.100 21.777
201912 15.140 100.500 16.978
202003 16.018 100.300 17.998
202006 -10.890 99.900 -12.285
202009 17.003 99.900 19.182
202012 13.424 99.300 15.235
202103 27.710 99.900 31.260
202106 3.610 99.500 4.089
202109 5.660 100.100 6.372
202112 13.300 100.100 14.974
202203 22.772 101.100 25.385
202206 8.580 101.800 9.499
202209 18.570 103.100 20.299
202212 16.970 104.100 18.372
202303 10.460 104.400 11.292
202306 9.870 105.200 10.574
202309 22.720 106.200 24.111
202312 19.544 106.800 20.624
202403 33.485 107.200 35.203
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 17.910 111.700 18.070
202509 34.520 112.000 34.736
202512 23.270 113.000 23.208
202603 44.950 112.700 44.950

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54.87 mean?
JTP Co (TSE:2488) has a E10 of 円54.87 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on JTP Co and its competitors.
Is JTP Co's E10 too high?
JTP Co's current E10 is 円54.87. Overall, JTP Co has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JTP Co's E10 compare to IBM and ACN?
JTP Co's E10 of 円54.87 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 JTP Co and its competitors. JTP Co's current E10 is 円54.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTP Co stock overvalued right now?
Based on GuruFocus' analysis, JTP Co (TSE:2488) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,326.68, compared to a current price of 円1,491.00 — trading 12.4% above its estimated fair value. The current E10 is 円54.87. JTP Co's overall GF Score™ is 87/100 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 JTP Co (TSE:2488), the current E10 is 円54.87 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 JTP Co (TSE:2488) Overvalued in 2026?

Based on GuruFocus' analysis, JTP Co stock appears to be overvalued. The current stock price of 円1,491.00 is trading 12.4% above its estimated GF Value™ of 円1,326.68. GuruFocus considers JTP Co to be Modestly Overvalued.

Key valuation signals for TSE:2488:

  • E10: 円54.87
  • GF Value™: 円1,326.68 vs. price of 円1,491.00 (12.4% above fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the TSE:2488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JTP Co Business Description

Address Gotenyama Trust Tower, 4-7-35, Kitashinagawa, Shinagawa-ku, Tokyo, JPN, 140-0001
JTP Co Ltd is an information technology service provider in Japan. The solutions offered by the company include humanoid robot support for medical examinations, communication support for nursing care facilities by humanoid robots, and support for autism therapy by humanoid robots.
87GF Score

Get the complete analysis for TSE:2488

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

円1,491.00
Price
円1,326.68
GF Value