Nihon Shokuhin Kako Co (TSE:2892) E10: 円308.34 (As of Mar. 2026)

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TSE:2892 Nihon Shokuhin Kako Co Ltd TSE:2892
64 GF Score
Price 円4,565.00
GF Value 円3,465.72
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nihon Shokuhin Kako Co E10?

Nihon Shokuhin Kako Co TSE:2892 -0.65% 64 E10 is 円308.34 as of Mar. 2026. GuruFocus rates TSE:2892 with a GF Score™ of 64/100 and a GF Value™ of 円3,465.72 (Significantly Overvalued). The stock has 7 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.

Nihon Shokuhin Kako Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円29.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円308.34 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 9.30% 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 Nihon Shokuhin Kako Co was 15.30% per year. The lowest was -7.50% per year. And the median was 9.30% per year.

As of today (2026-09-09), Nihon Shokuhin Kako Co's current stock price is 円4565.00. Nihon Shokuhin Kako Co's E10 for the quarter that ended in Mar. 2026 was 円308.34. Nihon Shokuhin Kako Co's Shiller PE Ratio of today is 14.81.

During the past 13 years, the highest Shiller PE Ratio of Nihon Shokuhin Kako Co was 17.27. The lowest was 7.31. And the median was 10.12.


Nihon Shokuhin Kako Co  (TSE:2892) 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.

Nihon Shokuhin Kako Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4565.00/308.34
=14.81

* 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 Nihon Shokuhin Kako Co was 17.27. The lowest was 7.31. And the median was 10.12.


Be Aware

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


Nihon Shokuhin Kako Co E10 Related Terms


Nihon Shokuhin Kako Co E10 Historical Data

* Premium members only.

The historical data trend for Nihon Shokuhin Kako 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.

Nihon Shokuhin Kako Co E10 Chart

Nihon Shokuhin Kako 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 200.06 236.16 264.53 0.00 308.34

Nihon Shokuhin Kako Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 309.82 316.48 306.32 308.34 0.00

TSE:2892 vs KHC, GIS: E10 Comparison

For the Packaged Foods subindustry, Nihon Shokuhin Kako 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.


Nihon Shokuhin Kako Co Shiller PE Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nihon Shokuhin Kako Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:2892
64GF Score
Nihon Shokuhin Kako Co Ltd TSE:2892
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nihon Shokuhin Kako 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, Nihon Shokuhin Kako 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)
=29.02/112.7000*112.7000
=29.020

Current CPI (Mar. 2026) = 112.7000.

Nihon Shokuhin Kako Co Quarterly Data

per share eps CPI Adj_EPS
201603 16.900 97.900 19.455
201606 129.050 98.100 148.256
201609 179.200 98.000 206.080
201612 73.589 98.400 84.283
201703 -25.690 98.100 -29.513
201706 80.730 98.500 92.368
201709 130.719 98.800 149.110
201712 4.676 99.400 5.302
201803 -13.440 99.200 -15.269
201806 75.380 99.200 85.638
201809 90.850 99.900 102.490
201812 -50.650 99.700 -57.254
201903 -57.940 99.700 -65.495
201906 5.610 99.800 6.335
201909 78.440 100.100 88.314
201912 -57.127 100.500 -64.062
202003 21.550 100.300 24.214
202006 101.960 99.900 115.024
202009 134.080 99.900 151.259
202012 18.703 99.300 21.227
202103 -4.879 99.900 -5.504
202106 137.450 99.500 155.685
202109 178.902 100.100 201.421
202112 -31.511 100.100 -35.477
202203 -6.480 101.100 -7.224
202206 172.090 101.800 190.516
202209 253.090 103.100 276.656
202212 41.271 104.100 44.681
202303 63.230 104.400 68.257
202306 297.350 105.200 318.549
202309 226.693 106.200 240.568
202312 -20.350 106.800 -21.474
202403 -8.770 107.200 -9.220
202406 116.070 108.200 120.897
202409 154.200 108.900 159.581
202503 0.000 111.100 0.000
202506 129.090 111.700 130.246
202509 128.250 112.000 129.052
202512 -47.810 113.000 -47.683
202603 29.020 112.700 29.020

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308.34 mean?
Nihon Shokuhin Kako Co (TSE:2892) has a E10 of 円308.34 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nihon Shokuhin Kako Co and its competitors.
Is Nihon Shokuhin Kako Co's E10 too high?
Nihon Shokuhin Kako Co's current E10 is 円308.34. Overall, Nihon Shokuhin Kako Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nihon Shokuhin Kako Co's E10 compare to KHC and GIS?
Nihon Shokuhin Kako Co's E10 of 円308.34 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good E10 depends on the Consumer Packaged Goods 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 Nihon Shokuhin Kako Co and its competitors. Nihon Shokuhin Kako Co's current E10 is 円308.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nihon Shokuhin Kako Co stock overvalued right now?
Based on GuruFocus' analysis, Nihon Shokuhin Kako Co (TSE:2892) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,465.72, compared to a current price of 円4,565.00 — trading 31.7% above its estimated fair value. The current E10 is 円308.34. Nihon Shokuhin Kako Co's overall GF Score™ is 64/100 with 7 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 Nihon Shokuhin Kako Co (TSE:2892), the current E10 is 円308.34 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 Nihon Shokuhin Kako Co (TSE:2892) Overvalued in 2026?

Based on GuruFocus' analysis, Nihon Shokuhin Kako Co stock appears to be overvalued. The current stock price of 円4,565.00 is trading 31.7% above its estimated GF Value™ of 円3,465.72. GuruFocus considers Nihon Shokuhin Kako Co to be Significantly Overvalued.

Key valuation signals for TSE:2892:

  • E10: 円308.34
  • GF Value™: 円3,465.72 vs. price of 円4,565.00 (31.7% above fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the TSE:2892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nihon Shokuhin Kako Co Business Description

Address 1-6-5 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Nihon Shokuhin Kako Co Ltd is engaged in the manufacture and sale of starch, sugar products, fine chemicals, and by-products made from corn. Its product portfolio includes Eclipse cornstarch, Eclipse waxy starch, oxidized starch, Eclipse corn steep liquor, Eclipse corn salad oil, Eclipse gluten meal, etc.
64GF Score

Get the complete analysis for TSE:2892

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

円4,565.00
Price
円3,465.72
GF Value