Toabo (TSE:3204) E10: 円0.00 (As of Dec. 2025)

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.
Reviewed by: Charlie Tian Charlie Tian
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:3204 Toabo Corp TSE:3204
60 GF Score
Price 円517.00
GF Value 円402.47
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Toabo E10?

Toabo TSE:3204 +2.17% 60 E10 is 円0.00 as of Dec. 2025. GuruFocus rates TSE:3204 with a GF Score™ of 60/100 and a GF Value™ of 円402.47 (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.

Toabo's adjusted earnings per share data for the three months ended in Dec. 2025 was 円0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円0.00 for the trailing ten years ended in Dec. 2025.

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 Toabo was -3.70% per year. The lowest was -11.00% per year. And the median was -10.40% per year.

As of today (2026-07-15), Toabo's current stock price is 円517.00. Toabo's E10 for the quarter that ended in Dec. 2025 was 円0.00. Toabo's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Toabo was 13.95. The lowest was 7.29. And the median was 10.90.


Toabo  (TSE:3204) 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.

During the past 13 years, the highest Shiller P/E Ratio of Toabo was 13.95. The lowest was 7.29. And the median was 10.90.


Be Aware

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


Toabo E10 Related Terms


Toabo E10 Historical Data

* Premium members only.

The historical data trend for Toabo'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.

Toabo E10 Chart

Toabo Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.15 34.63 37.97 0.00 0.00

Toabo Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 38.01 37.03 0.00 0.00 0.00

TSE:3204 vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, Toabo'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.


Toabo Shiller PE Ratio vs Conglomerates Industry

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

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


TSE:3204
60GF Score
Toabo Corp TSE:3204
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toabo 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, Toabo'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)
=0/113.0000*113.0000
=0.000

Current CPI (Dec. 2025) = 113.0000.

Toabo Quarterly Data

per share eps CPI Adj_EPS
201512 12.970 98.100 14.940
201603 27.020 97.900 31.188
201606 4.036 98.100 4.649
201609 -12.680 98.000 -14.621
201612 11.400 98.400 13.091
201703 9.330 98.100 10.747
201706 13.342 98.500 15.306
201709 -0.250 98.800 -0.286
201712 7.624 99.400 8.667
201803 3.290 99.200 3.748
201806 6.950 99.200 7.917
201809 6.615 99.900 7.482
201812 10.988 99.700 12.454
201903 0.080 99.700 0.091
201906 5.790 99.800 6.556
201909 -2.018 100.100 -2.278
201912 14.688 100.500 16.515
202003 -4.210 100.300 -4.743
202006 15.585 99.900 17.629
202009 -1.570 99.900 -1.776
202012 10.700 99.300 12.176
202103 2.750 99.900 3.111
202106 9.755 99.500 11.079
202109 3.320 100.100 3.748
202112 13.119 100.100 14.810
202203 3.940 101.100 4.404
202206 8.858 101.800 9.833
202209 10.877 103.100 11.921
202212 6.440 104.100 6.991
202303 11.570 104.400 12.523
202306 13.007 105.200 13.971
202309 9.580 106.200 10.193
202312 30.052 106.800 31.797
202403 13.130 107.200 13.840
202406 16.300 108.200 17.023
202412 0.000 110.700 0.000
202503 -0.440 111.100 -0.448
202506 29.090 111.700 29.429
202509 0.000 112.000 0.000
202512 0.000 113.000 0.000

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0.00 mean?
Toabo (TSE:3204) has a E10 of 円0.00 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Toabo and its competitors.
Is Toabo's E10 too high?
Toabo's current E10 is 円0.00. Overall, Toabo has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toabo's E10 compare to HON and MMM?
Toabo's E10 of 円0.00 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 Toabo and its competitors. Toabo's current E10 is 円0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toabo stock overvalued right now?
Based on GuruFocus' analysis, Toabo (TSE:3204) is currently considered Modestly Overvalued. The stock's GF Value™ is 円402.47, compared to a current price of 円517.00 — trading 28.5% above its estimated fair value. The current E10 is 円0.00. Toabo's overall GF Score™ is 60/100 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 Toabo (TSE:3204), the current E10 is 円0.00 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 Toabo (TSE:3204) Overvalued in 2026?

Based on GuruFocus' analysis, Toabo stock appears to be overvalued. The current stock price of 円517.00 is trading 28.5% above its estimated GF Value™ of 円402.47. GuruFocus considers Toabo to be Modestly Overvalued.

Key valuation signals for TSE:3204:

  • E10: 円0.00
  • GF Value™: 円402.47 vs. price of 円517.00 (28.5% above fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the TSE:3204 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toabo Business Description

Address 2-27, Shiromi 1-chome, 18th floor, Crystal Tower, Osaka Prefecture, Osaka, JPN, 540-6018
Toabo Corp is engaged in the manufacture and sale of parts for electronic devices, fine chemicals, textile products, sales of healthcare products and cosmetics, and business management of real estate leasing subsidiaries.
60GF Score

Get the complete analysis for TSE:3204

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

円517.00
Price
円402.47
GF Value