Tokai Holdings (TSE:3167) E10: 円68.95 (As of Mar. 2026)


TSE:3167 Tokai Holdings Corp TSE:3167
70 GF Score
Price 円1,152.00
GF Value 円1,033.66
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Tokai Holdings E10?

Tokai Holdings TSE:3167 +0.79% 70 E10 is 円68.95 as of Mar. 2026. GuruFocus rates TSE:3167 with a GF Score™ of 70/100 and a GF Value™ of 円1,033.66 (Modestly Overvalued). The stock has 6 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.

Tokai Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was 円24.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円68.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tokai Holdings's average E10 Growth Rate was 9.70% per year. During the past 3 years, the average E10 Growth Rate was 9.70% per year. During the past 5 years, the average E10 Growth Rate was 9.20% 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 Tokai Holdings was 9.70% per year. The lowest was 8.80% per year. And the median was 9.10% per year.

As of today (2026-06-29), Tokai Holdings's current stock price is 円1152.00. Tokai Holdings's E10 for the quarter that ended in Mar. 2026 was 円68.95. Tokai Holdings's Shiller PE Ratio of today is 16.71.

During the past 13 years, the highest Shiller PE Ratio of Tokai Holdings was 25.74. The lowest was 14.92. And the median was 17.26.


Tokai Holdings  (TSE:3167) 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.

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

Shiller PE Ratio=Share Price/E10
=1152.00/68.95
=16.71

* 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 Tokai Holdings was 25.74. The lowest was 14.92. And the median was 17.26.


Be Aware

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


Tokai Holdings E10 Related Terms


Tokai Holdings E10 Historical Data

* Premium members only.

The historical data trend for Tokai 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.

Tokai Holdings E10 Chart

Tokai Holdings 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 48.84 52.16 57.55 62.88 68.95

Tokai 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 62.88 64.41 65.90 68.48 68.95

TSE:3167 vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, Tokai 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.


Tokai Holdings Shiller PE Ratio vs Conglomerates Industry

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

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


TSE:3167
70GF Score
Tokai Holdings Corp TSE:3167
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokai 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, Tokai Holdings'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)
=24.93/112.7000*112.7000
=24.930

Current CPI (Mar. 2026) = 112.7000.

Tokai Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 13.510 98.100 15.521
201609 4.700 98.000 5.405
201612 18.850 98.400 21.589
201703 19.250 98.100 22.115
201706 8.990 98.500 10.286
201709 0.430 98.800 0.490
201712 16.660 99.400 18.889
201803 24.290 99.200 27.596
201806 10.940 99.200 12.429
201809 2.320 99.900 2.617
201812 17.030 99.700 19.251
201903 29.065 99.700 32.855
201906 17.100 99.800 19.310
201909 9.539 100.100 10.740
201912 12.264 100.500 13.753
202003 23.960 100.300 26.922
202006 18.680 99.900 21.073
202009 6.360 99.900 7.175
202012 20.288 99.300 23.026
202103 21.983 99.900 24.800
202106 14.280 99.500 16.174
202109 3.129 100.100 3.523
202112 17.960 100.100 20.221
202203 33.110 101.100 36.909
202206 13.720 101.800 15.189
202209 -12.590 103.100 -13.762
202212 20.319 104.100 21.998
202303 27.890 104.400 30.107
202306 10.250 105.200 10.981
202309 6.744 106.200 7.157
202312 20.780 106.800 21.928
202403 27.150 107.200 28.543
202406 14.330 108.200 14.926
202409 3.960 108.900 4.098
202412 24.900 110.700 25.350
202503 27.340 111.100 27.734
202506 18.890 111.700 19.059
202509 8.730 112.000 8.785
202512 29.920 113.000 29.841
202603 24.930 112.700 24.930

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68.95 mean?
Tokai Holdings (TSE:3167) has a E10 of 円68.95 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tokai Holdings and its competitors.
Is Tokai Holdings' E10 too high?
Tokai Holdings' current E10 is 円68.95. Overall, Tokai Holdings has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Holdings' E10 compare to HON and MMM?
Tokai Holdings' E10 of 円68.95 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 Tokai Holdings and its competitors. Tokai Holdings's current E10 is 円68.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tokai Holdings (TSE:3167) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,033.66, compared to a current price of 円1,152.00 — trading 11.4% above its estimated fair value. The current E10 is 円68.95. Tokai Holdings' overall GF Score™ is 70/100 with 6 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 Tokai Holdings (TSE:3167), the current E10 is 円68.95 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 Tokai Holdings (TSE:3167) Overvalued in 2026?

Based on GuruFocus' analysis, Tokai Holdings stock appears to be overvalued. The current stock price of 円1,152.00 is trading 11.4% above its estimated GF Value™ of 円1,033.66. GuruFocus considers Tokai Holdings to be Modestly Overvalued.

Key valuation signals for TSE:3167:

  • E10: 円68.95
  • GF Value™: 円1,033.66 vs. price of 円1,152.00 (11.4% above fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the TSE:3167 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokai Holdings Business Description

Address 2-6-8, Tokiwa-Cho, Aoi-ku, Shizuoka Prefecture, Shizuoka, JPN, 5008828
Tokai Holdings Corp is engaged in miscellaneous business operations. The scope of its activities includes energy, residential real estate and cable television. The energy business relates to the sale of liquefied petroleum gas, liquefied natural gas, oil products, high-pressure gas such as oxygen and nitrogen. The real estate division is responsible for the construction and design of residential buildings and stores. The communication division is engaged in software development, information processing service, optical fiber leasing, data transmission, and the sale of asymmetric digital subscriber line.
70GF Score

Get the complete analysis for TSE:3167

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

円1,152.00
Price
円1,033.66
GF Value