Nisshinbo Holdings (TSE:3105) E10: 円57.12 (As of Dec. 2025)

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TSE:3105 Nisshinbo Holdings Inc TSE:3105
62 GF Score
Price 円2,275.50
GF Value 円1,070.13
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Nisshinbo Holdings E10?

Nisshinbo Holdings TSE:3105 +5.81% 62 E10 is 円57.12 as of Dec. 2025. GuruFocus rates TSE:3105 with a GF Score™ of 62/100 and a GF Value™ of 円1,070.13 (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.

Nisshinbo Holdings's adjusted earnings per share data for the three months ended in Dec. 2025 was 円0.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円57.12 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Nisshinbo Holdings's average E10 Growth Rate was 0.20% per year. During the past 3 years, the average E10 Growth Rate was -7.50% per year. During the past 5 years, the average E10 Growth Rate was 0.40% 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 Nisshinbo Holdings was 13.20% per year. The lowest was -7.50% per year. And the median was 3.25% per year.

As of today (2026-07-14), Nisshinbo Holdings's current stock price is 円2275.50. Nisshinbo Holdings's E10 for the quarter that ended in Dec. 2025 was 円57.12. Nisshinbo Holdings's Shiller PE Ratio of today is 39.84.

During the past 13 years, the highest Shiller PE Ratio of Nisshinbo Holdings was 43.42. The lowest was 12.11. And the median was 17.06.


Nisshinbo Holdings  (TSE:3105) 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.

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

Shiller PE Ratio=Share Price/E10
=2275.50/57.12
=39.84

* 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 Nisshinbo Holdings was 43.42. The lowest was 12.11. And the median was 17.06.


Be Aware

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


Nisshinbo Holdings E10 Related Terms


Nisshinbo Holdings E10 Historical Data

* Premium members only.

The historical data trend for Nisshinbo 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.

Nisshinbo Holdings E10 Chart

Nisshinbo Holdings Annual Data
Trend Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.10 72.10 55.69 56.99 57.12

Nisshinbo Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 61.06 57.63 58.83 57.12 0.00

TSE:3105 vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, Nisshinbo 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.


Nisshinbo Holdings Shiller PE Ratio vs Conglomerates Industry

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

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


TSE:3105
62GF Score
Nisshinbo Holdings Inc TSE:3105
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nisshinbo 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, Nisshinbo Holdings's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.63/113.0000*113.0000
=0.630

Current CPI (Dec. 2025) = 113.0000.

Nisshinbo Holdings Quarterly Data

per share eps CPI Adj_EPS
201603 32.070 97.900 37.016
201606 10.870 98.100 12.521
201609 -5.620 98.000 -6.480
201612 13.730 98.400 15.767
201703 3.520 98.100 4.055
201706 103.540 98.500 118.782
201709 -5.800 98.800 -6.634
201712 19.230 99.400 21.861
201803 43.470 99.200 49.517
201806 3.260 99.200 3.714
201809 -3.771 99.900 -4.265
201812 -42.750 99.700 -48.453
201903 29.160 99.700 33.050
201906 -12.870 99.800 -14.572
201909 8.040 100.100 9.076
201912 -64.226 100.500 -72.214
202003 56.360 100.300 63.496
202006 -23.270 99.900 -26.321
202009 2.520 99.900 2.850
202012 45.761 99.300 52.074
202103 74.660 99.900 84.450
202106 28.061 99.500 31.868
202109 -16.130 100.100 -18.209
202112 62.466 100.100 70.516
202203 69.970 101.100 78.206
202206 9.421 101.800 10.457
202209 10.782 103.100 11.817
202212 30.480 104.100 33.086
202303 74.540 104.400 80.680
202306 -0.500 105.200 -0.537
202309 -197.300 106.200 -209.933
202312 -4.354 106.800 -4.607
202403 50.250 107.200 52.969
202406 6.620 108.200 6.914
202409 -38.080 108.900 -39.514
202412 46.610 110.700 47.578
202503 97.650 111.100 99.320
202506 -24.120 111.700 -24.401
202509 14.910 112.000 15.043
202512 0.630 113.000 0.630

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57.12 mean?
Nisshinbo Holdings (TSE:3105) has a E10 of 円57.12 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nisshinbo Holdings and its competitors.
Is Nisshinbo Holdings' E10 too high?
Nisshinbo Holdings' current E10 is 円57.12. Overall, Nisshinbo Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nisshinbo Holdings' E10 compare to HON and MMM?
Nisshinbo Holdings' E10 of 円57.12 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 Nisshinbo Holdings and its competitors. Nisshinbo Holdings's current E10 is 円57.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisshinbo Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nisshinbo Holdings (TSE:3105) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,070.13, compared to a current price of 円2,275.50 — trading 112.6% above its estimated fair value. The current E10 is 円57.12. Nisshinbo Holdings' overall GF Score™ is 62/100 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 Nisshinbo Holdings (TSE:3105), the current E10 is 円57.12 as of Dec. 2025. 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 Nisshinbo Holdings (TSE:3105) Overvalued in 2026?

Based on GuruFocus' analysis, Nisshinbo Holdings stock appears to be overvalued. The current stock price of 円2,275.50 is trading 112.6% above its estimated GF Value™ of 円1,070.13. GuruFocus considers Nisshinbo Holdings to be Significantly Overvalued.

Key valuation signals for TSE:3105:

  • E10: 円57.12
  • GF Value™: 円1,070.13 vs. price of 円2,275.50 (112.6% above fair value)
  • GF Score™: 62/100 with 3 warning signs

No single metric tells the full story. See the TSE:3105 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nisshinbo Holdings Business Description

Other Exchanges NSHBY:USANBO:Germany
Address 2-31-11, Ningyo-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8650
Nisshinbo Holdings Inc is a Japan-based company that is mainly engaged in electronics, automobile brakes, textiles, paper, and precision instrument businesses. The company's electronics business provides shipping navigation technology, network equipment, microwave-related products, semiconductor devices, and others. The automobile brake business manufactures friction materials and assembly products. The textile business mainly manufactures non-iron shirts, non-woven fabrics, and spandex. The paper business mainly manufactures household paper, specialty paper, and processed paper products. The precision instrument business produces plastic molding parts, precision parts, and others.
62GF Score

Get the complete analysis for TSE:3105

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

円2,275.50
Price
円1,070.13
GF Value