Tobishima Holdings (TSE:256A) E10: 円249.60 (As of Mar. 2026)

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TSE:256A Tobishima Holdings Inc TSE:256A
56 GF Score
Price 円2,214.00
GF Value 円1,693.49
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tobishima Holdings E10?

Tobishima Holdings TSE:256A +1.51% 56 E10 is 円249.60 as of Mar. 2026. GuruFocus rates TSE:256A with a GF Score™ of 56/100 and a GF Value™ of 円1,693.49 (Significantly Overvalued). 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.

Tobishima Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was 円124.250. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円249.60 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 4.60% 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 Tobishima Holdings was 38.10% per year. The lowest was 4.60% per year. And the median was 27.10% per year.

As of today (2026-09-07), Tobishima Holdings's current stock price is 円2214.00. Tobishima Holdings's E10 for the quarter that ended in Mar. 2026 was 円249.60. Tobishima Holdings's Shiller PE Ratio of today is 8.87.

During the past 13 years, the highest Shiller PE Ratio of Tobishima Holdings was 28.80. The lowest was 4.59. And the median was 7.44.


Tobishima Holdings  (TSE:256A) 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.

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

Shiller PE Ratio=Share Price/E10
=2214.00/249.60
=8.87

* 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 Tobishima Holdings was 28.80. The lowest was 4.59. And the median was 7.44.


Be Aware

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


Tobishima Holdings E10 Related Terms


Tobishima Holdings E10 Historical Data

* Premium members only.

The historical data trend for Tobishima Holdings'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.

Tobishima Holdings E10 Chart

Tobishima Holdings 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 199.57 218.19 234.62 0.00 249.60

Tobishima Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 245.24 245.47 242.32 249.60 0.00

TSE:256A vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Tobishima Holdings'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.


Tobishima Holdings Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Tobishima Holdings's Shiller PE Ratio distribution charts can be found below:

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


TSE:256A
56GF Score
Tobishima Holdings Inc TSE:256A
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tobishima Holdings 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, Tobishima Holdings'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)
=124.25/112.7000*112.7000
=124.250

Current CPI (Mar. 2026) = 112.7000.

Tobishima Holdings Quarterly Data

per share eps CPI Adj_EPS
201512 83.800 98.100 96.272
201603 122.500 97.900 141.019
201606 67.100 98.100 77.086
201609 43.100 98.000 49.565
201612 71.152 98.400 81.492
201703 46.281 98.100 53.169
201706 34.700 98.500 39.702
201709 77.965 98.800 88.934
201712 82.360 99.400 93.380
201803 117.859 99.200 133.898
201806 53.630 99.200 60.928
201809 38.178 99.900 43.070
201812 103.938 99.700 117.491
201903 67.700 99.700 76.527
201906 16.330 99.800 18.441
201909 83.141 100.100 93.606
201912 67.604 100.500 75.811
202003 98.880 100.300 111.104
202006 29.880 99.900 33.708
202009 29.610 99.900 33.404
202012 24.130 99.300 27.386
202103 44.479 99.900 50.178
202106 35.890 99.500 40.651
202109 23.610 100.100 26.582
202112 46.675 100.100 52.550
202203 62.103 101.100 69.229
202206 45.680 101.800 50.571
202209 -2.570 103.100 -2.809
202212 50.900 104.100 55.105
202303 64.800 104.400 69.952
202306 39.330 105.200 42.134
202309 9.540 106.200 10.124
202312 50.002 106.800 52.764
202403 78.949 107.200 83.000
202406 32.500 108.200 33.852
202503 0.000 111.100 0.000
202506 61.240 111.700 61.788
202509 38.730 112.000 38.972
202512 28.790 113.000 28.714
202603 124.250 112.700 124.250

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249.60 mean?
Tobishima Holdings (TSE:256A) has a E10 of 円249.60 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tobishima Holdings and its competitors.
Is Tobishima Holdings' E10 too high?
Tobishima Holdings' current E10 is 円249.60. Overall, Tobishima Holdings has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tobishima Holdings' E10 compare to PWR and FIX?
Tobishima Holdings' E10 of 円249.60 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Tobishima Holdings and its competitors. Tobishima Holdings's current E10 is 円249.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tobishima Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tobishima Holdings (TSE:256A) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,693.49, compared to a current price of 円2,214.00 — trading 30.7% above its estimated fair value. The current E10 is 円249.60. Tobishima Holdings' overall GF Score™ is 56/100 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 Tobishima Holdings (TSE:256A), the current E10 is 円249.60 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 Tobishima Holdings (TSE:256A) Overvalued in 2026?

Based on GuruFocus' analysis, Tobishima Holdings stock appears to be overvalued. The current stock price of 円2,214.00 is trading 30.7% above its estimated GF Value™ of 円1,693.49. GuruFocus considers Tobishima Holdings to be Significantly Overvalued.

Key valuation signals for TSE:256A:

  • E10: 円249.60
  • GF Value™: 円1,693.49 vs. price of 円2,214.00 (30.7% above fair value)
  • GF Score™: 56/100 with 3 warning signs

No single metric tells the full story. See the TSE:256A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tobishima Holdings Business Description

Address 1-8-15, Konan, W Bld 5th Floor, Minato-ku, Tokyo, JPN, 108-0075
Tobishima Holdings Inc is engaged in general construction services (both civil engineering and building construction) and related businesses, as well as all associated and related businesses.
56GF Score

Get the complete analysis for TSE:256A

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

円2,214.00
Price
円1,693.49
GF Value