Watts Co (TSE:2735) E10: 円56.57 (As of Feb. 2026)

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TSE:2735 Watts Co Ltd TSE:2735
61 GF Score
Price 円675.00
GF Value 円689.31
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Watts Co E10?

Watts Co TSE:2735 +1.50% 61 E10 is 円56.57 as of Feb. 2026. GuruFocus rates TSE:2735 with a GF Score™ of 61/100 and a GF Value™ of 円689.31 (Fairly Valued). The stock has 4 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.

Watts Co's adjusted earnings per share data for the three months ended in Feb. 2026 was 円22.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円56.57 for the trailing ten years ended in Feb. 2026.

During the past 12 months, Watts Co's average E10 Growth Rate was 4.20% per year. During the past 3 years, the average E10 Growth Rate was -1.90% per year. During the past 5 years, the average E10 Growth Rate was -3.20% 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 Watts Co was -1.90% per year. The lowest was -5.70% per year. And the median was -3.30% per year.

As of today (2026-07-21), Watts Co's current stock price is 円675.00. Watts Co's E10 for the quarter that ended in Feb. 2026 was 円56.57. Watts Co's Shiller PE Ratio of today is 11.93.

During the past 13 years, the highest Shiller PE Ratio of Watts Co was 16.99. The lowest was 6.72. And the median was 12.23.


Watts Co  (TSE:2735) 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.

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

Shiller PE Ratio=Share Price/E10
=675.00/56.57
=11.93

* 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 Watts Co was 16.99. The lowest was 6.72. And the median was 12.23.


Be Aware

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


Watts Co E10 Related Terms


Watts Co E10 Historical Data

* Premium members only.

The historical data trend for Watts 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.

Watts Co E10 Chart

Watts Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.48 59.05 52.87 53.52 55.73

Watts Co 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 53.88 55.73 56.80 56.57 0.00

TSE:2735 vs KR: E10 Comparison

For the Grocery Stores subindustry, Watts 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.


Watts Co Shiller PE Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Watts Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:2735
61GF Score
Watts Co Ltd TSE:2735
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Watts 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, Watts Co's adjusted earnings per share data for the three months ended in Feb. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=22.68/112.2000*112.2000
=22.680

Current CPI (Feb. 2026) = 112.2000.

Watts Co Quarterly Data

per share eps CPI Adj_EPS
201605 12.740 98.200 14.556
201608 14.675 97.900 16.819
201611 16.100 98.600 18.321
201702 20.027 98.100 22.905
201705 17.690 98.600 20.130
201708 8.134 98.500 9.265
201711 12.680 99.100 14.356
201802 15.317 99.500 17.272
201805 18.877 99.300 21.329
201808 -0.090 99.800 -0.101
201811 6.470 100.000 7.259
201902 1.204 99.700 1.355
201905 5.001 100.000 5.611
201908 -7.476 100.000 -8.388
201911 6.810 100.500 7.603
202002 24.577 100.300 27.493
202005 4.689 100.100 5.256
202008 21.718 100.100 24.343
202011 39.370 99.500 44.395
202102 20.349 99.800 22.877
202105 15.240 99.400 17.202
202108 -2.875 99.700 -3.235
202111 11.830 100.100 13.260
202202 15.060 100.700 16.780
202205 11.550 101.800 12.730
202208 19.358 102.700 21.149
202211 15.880 103.900 17.149
202302 5.650 104.000 6.095
202305 1.020 105.100 1.089
202308 -4.129 105.900 -4.375
202311 6.790 106.900 7.127
202402 26.110 106.900 27.405
202405 24.610 108.100 25.543
202408 10.914 109.100 11.224
202411 14.570 110.000 14.861
202502 26.180 110.800 26.511
202505 4.220 111.800 4.235
202508 21.030 112.100 21.049
202511 14.720 113.200 14.590
202602 22.680 112.200 22.680

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56.57 mean?
Watts Co (TSE:2735) has a E10 of 円56.57 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Watts Co and its competitors.
Is Watts Co's E10 too high?
Watts Co's current E10 is 円56.57. Overall, Watts Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Watts Co's E10 compare to KR?
Watts Co's E10 of 円56.57 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good E10 depends on the Retail - Defensive 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 Watts Co and its competitors. Watts Co's current E10 is 円56.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watts Co stock overvalued right now?
Based on GuruFocus' analysis, Watts Co (TSE:2735) is currently considered Fairly Valued. The stock's GF Value™ is 円689.31, compared to a current price of 円675.00 — trading 2.1% below its estimated fair value. The current E10 is 円56.57. Watts Co's overall GF Score™ is 61/100 with 4 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 Watts Co (TSE:2735), the current E10 is 円56.57 as of Feb. 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 Watts Co (TSE:2735) Overvalued in 2026?

Based on GuruFocus' analysis, Watts Co stock appears to be undervalued. The current stock price of 円675.00 is trading 2.1% below its estimated GF Value™ of 円689.31. GuruFocus considers Watts Co to be Fairly Valued.

Key valuation signals for TSE:2735:

  • E10: 円56.57
  • GF Value™: 円689.31 vs. price of 円675.00 (2.1% below fair value)
  • GF Score™: 61/100 with 4 warning signs

No single metric tells the full story. See the TSE:2735 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Watts Co Business Description

Address Shiromi 1-4-70, Chuo-ku, Sumitomo Life Insurance OBP Plaza Building, 5th Floor, Osaka, JPN, 540-0001
Watts Co Ltd is engaged in the wholesale of daily necessities, grocery and food products, and other goods. The company's product profile includes Sanitary goods, Cleaning sheet, Water supply equipment, Lunch supplies, and other related products.
61GF Score

Get the complete analysis for TSE:2735

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

円675.00
Price
円689.31
GF Value