Pacific Net Co (TSE:3021) E10: 円61.01 (As of Feb. 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:3021 Pacific Net Co Ltd TSE:3021
70 GF Score
Price 円1,590.00
GF Value 円2,170.64
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Pacific Net Co E10?

Pacific Net Co TSE:3021 -3.11% 70 E10 is 円61.01 as of Feb. 2026. GuruFocus rates TSE:3021 with a GF Score™ of 70/100 and a GF Value™ of 円2,170.64 (Modestly Undervalued). 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.

Pacific Net Co's adjusted earnings per share data for the three months ended in Feb. 2026 was 円57.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円61.01 for the trailing ten years ended in Feb. 2026.

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 Pacific Net Co was 23.40% per year. The lowest was 14.00% per year. And the median was 18.70% per year.

As of today (2026-07-20), Pacific Net Co's current stock price is 円1590.00. Pacific Net Co's E10 for the quarter that ended in Feb. 2026 was 円61.01. Pacific Net Co's Shiller PE Ratio of today is 26.06.

During the past 13 years, the highest Shiller PE Ratio of Pacific Net Co was 133.17. The lowest was 23.42. And the median was 37.01.


Pacific Net Co  (TSE:3021) 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.

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

Shiller PE Ratio=Share Price/E10
=1590.00/61.01
=26.06

* 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 Pacific Net Co was 133.17. The lowest was 23.42. And the median was 37.01.


Be Aware

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


Pacific Net Co E10 Related Terms


Pacific Net Co E10 Historical Data

* Premium members only.

The historical data trend for Pacific Net 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.

Pacific Net Co E10 Chart

Pacific Net Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.27 43.52 49.07 0.00 0.00

Pacific Net Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 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 0.00 54.00 0.00 61.01 0.00

TSE:3021 vs SNDK, DELL, STX: E10 Comparison

For the Computer Hardware subindustry, Pacific Net 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.


Pacific Net Co Shiller PE Ratio vs Hardware Industry

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

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


TSE:3021
70GF Score
Pacific Net Co Ltd TSE:3021
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pacific Net 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, Pacific Net 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)
=57.67/112.2000*112.2000
=57.670

Current CPI (Feb. 2026) = 112.2000.

Pacific Net Co Quarterly Data

per share eps CPI Adj_EPS
201511 5.929 98.100 6.781
201602 4.827 97.800 5.538
201605 5.668 98.200 6.476
201608 -5.900 97.900 -6.762
201611 -4.443 98.600 -5.056
201702 3.680 98.100 4.209
201705 5.400 98.600 6.145
201708 0.440 98.500 0.501
201711 6.930 99.100 7.846
201802 10.310 99.500 11.626
201805 12.985 99.300 14.672
201808 4.590 99.800 5.160
201811 7.666 100.000 8.601
201902 7.550 99.700 8.497
201905 17.330 100.000 19.444
201908 16.000 100.000 17.952
201911 9.501 100.500 10.607
202002 18.660 100.300 20.874
202005 12.924 100.100 14.486
202008 20.050 100.100 22.474
202011 27.320 99.500 30.807
202102 26.705 99.800 30.023
202105 22.440 99.400 25.330
202108 11.300 99.700 12.717
202111 10.000 100.100 11.209
202202 8.660 100.700 9.649
202205 10.590 101.800 11.672
202208 7.410 102.700 8.095
202211 12.110 103.900 13.077
202302 18.510 104.000 19.969
202305 27.060 105.100 28.888
202308 11.840 105.900 12.544
202311 20.190 106.900 21.191
202402 16.990 106.900 17.832
202405 33.330 108.100 34.594
202411 0.000 110.000 0.000
202505 0.000 111.800 0.000
202508 38.960 112.100 38.995
202511 0.000 113.200 0.000
202602 57.670 112.200 57.670

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61.01 mean?
Pacific Net Co (TSE:3021) has a E10 of 円61.01 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Pacific Net Co and its competitors.
Is Pacific Net Co's E10 too high?
Pacific Net Co's current E10 is 円61.01. Overall, Pacific Net Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pacific Net Co's E10 compare to SNDK and DELL?
Pacific Net Co's E10 of 円61.01 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Pacific Net Co and its competitors. Pacific Net Co's current E10 is 円61.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Net Co stock overvalued right now?
Based on GuruFocus' analysis, Pacific Net Co (TSE:3021) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,170.64, compared to a current price of 円1,590.00 — trading 26.7% below its estimated fair value. The current E10 is 円61.01. Pacific Net Co's overall GF Score™ is 70/100 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 Pacific Net Co (TSE:3021), the current E10 is 円61.01 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 Pacific Net Co (TSE:3021) Overvalued in 2026?

Based on GuruFocus' analysis, Pacific Net Co stock appears to be undervalued. The current stock price of 円1,590.00 is trading 26.7% below its estimated GF Value™ of 円2,170.64. GuruFocus considers Pacific Net Co to be Modestly Undervalued.

Key valuation signals for TSE:3021:

  • E10: 円61.01
  • GF Value™: 円2,170.64 vs. price of 円1,590.00 (26.7% below fair value)
  • GF Score™: 70/100 with 4 warning signs

No single metric tells the full story. See the TSE:3021 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pacific Net Co Business Description

Address 5-20-14 Mita Suzuki Building 6th Floor, Shiba, Minato-ku, Tokyo, JPN, 108-0014
Pacific Net Co Ltd is engaged in reusing and recycling personal computers (PC) and other information equipment in Japan. It also provides personal computer rental and data erasing services.
70GF Score

Get the complete analysis for TSE:3021

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

円1,590.00
Price
円2,170.64
GF Value