ktk (TSE:3035) E10: 円52.59 (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:3035 ktk Inc TSE:3035
68 GF Score
Price 円809.00
GF Value 円654.50
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is ktk E10?

ktk TSE:3035 +0.75% 68 E10 is 円52.59 as of Feb. 2026. GuruFocus rates TSE:3035 with a GF Score™ of 68/100 and a GF Value™ of 円654.50 (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.

ktk's adjusted earnings per share data for the three months ended in Feb. 2026 was 円19.830. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円52.59 for the trailing ten years ended in Feb. 2026.

During the past 3 years, the average E10 Growth Rate was 15.60% per year. During the past 5 years, the average E10 Growth Rate was 19.60% 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 ktk was 21.80% per year. The lowest was 15.60% per year. And the median was 19.00% per year.

As of today (2026-08-12), ktk's current stock price is 円809.00. ktk's E10 for the quarter that ended in Feb. 2026 was 円52.59. ktk's Shiller PE Ratio of today is 15.38.

During the past 13 years, the highest Shiller PE Ratio of ktk was 25.64. The lowest was 10.71. And the median was 15.32.


ktk  (TSE:3035) 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.

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

Shiller PE Ratio=Share Price/E10
=809.00/52.59
=15.38

* 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 ktk was 25.64. The lowest was 10.71. And the median was 15.32.


Be Aware

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


ktk E10 Related Terms


ktk E10 Historical Data

* Premium members only.

The historical data trend for ktk'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.

ktk E10 Chart

ktk 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 24.98 31.47 35.01 42.07 48.63

ktk Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 47.45 48.63 51.66 52.59 0.00

ktk E10 Competitor Comparison

For the Business Equipment & Supplies subindustry, ktk'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.


ktk Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, ktk's Shiller PE Ratio distribution charts can be found below:

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


TSE:3035
68GF Score
ktk Inc TSE:3035
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ktk 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, ktk'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)
=19.83/112.2000*112.2000
=19.830

Current CPI (Feb. 2026) = 112.2000.

ktk Quarterly Data

per share eps CPI Adj_EPS
201602 7.000 97.800 8.031
201605 12.550 98.200 14.339
201608 -8.046 97.900 -9.221
201611 8.670 98.600 9.866
201702 12.080 98.100 13.816
201705 19.160 98.600 21.803
201708 -1.581 98.500 -1.801
201711 11.890 99.100 13.462
201802 9.330 99.500 10.521
201805 12.220 99.300 13.807
201808 -3.009 99.800 -3.383
201811 13.620 100.000 15.282
201902 9.757 99.700 10.980
201905 12.940 100.000 14.519
201908 1.460 100.000 1.638
201911 16.660 100.500 18.600
202002 9.870 100.300 11.041
202005 18.900 100.100 21.185
202008 -4.016 100.100 -4.501
202011 17.790 99.500 20.061
202102 19.706 99.800 22.154
202105 23.860 99.400 26.933
202108 0.680 99.700 0.765
202111 12.060 100.100 13.518
202202 12.790 100.700 14.251
202205 22.514 101.800 24.814
202208 11.150 102.700 12.181
202211 12.430 103.900 13.423
202302 16.060 104.000 17.326
202305 18.940 105.100 20.219
202308 9.830 105.900 10.415
202311 13.080 106.900 13.728
202402 16.310 106.900 17.119
202405 22.395 108.100 23.244
202408 11.680 109.100 12.012
202502 0.000 110.800 0.000
202505 23.400 111.800 23.484
202508 12.180 112.100 12.191
202511 15.260 113.200 15.125
202602 19.830 112.200 19.830

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52.59 mean?
ktk (TSE:3035) has a E10 of 円52.59 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ktk and its competitors.
Is ktk's E10 too high?
ktk's current E10 is 円52.59. Overall, ktk has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ktk's E10 compare to competitors?
ktk's E10 of 円52.59 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 ktk and its competitors. ktk's current E10 is 円52.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ktk stock overvalued right now?
Based on GuruFocus' analysis, ktk (TSE:3035) is currently considered Modestly Overvalued. The stock's GF Value™ is 円654.50, compared to a current price of 円809.00 — trading 23.6% above its estimated fair value. The current E10 is 円52.59. ktk's overall GF Score™ is 68/100 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 ktk (TSE:3035), the current E10 is 円52.59 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 ktk (TSE:3035) Overvalued in 2026?

Based on GuruFocus' analysis, ktk stock appears to be overvalued. The current stock price of 円809.00 is trading 23.6% above its estimated GF Value™ of 円654.50. GuruFocus considers ktk to be Modestly Overvalued.

Key valuation signals for TSE:3035:

  • E10: 円52.59
  • GF Value™: 円654.50 vs. price of 円809.00 (23.6% above fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the TSE:3035 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ktk Business Description

Address No. 3, No. 3-chome, Higashi-ku, Nagoya, JPN, 461-0001
ktk Inc is engaged in the business of sales of recycled products like repack toner, repack ribbon, expendable items, and stationery office supplies used for automation equipment like printing devices.
68GF Score

Get the complete analysis for TSE:3035

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

円809.00
Price
円654.50
GF Value