Central General Development Co (TSE:3238) E10: 円96.51 (As of Mar. 2026)


TSE:3238 Central General Development Co Ltd TSE:3238
53 GF Score
Price 円369.00
GF Value 円581.29
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Central General Development Co E10?

Central General Development Co TSE:3238 -0.81% 53 E10 is 円96.51 as of Mar. 2026. GuruFocus rates TSE:3238 with a GF Score™ of 53/100 and a GF Value™ of 円581.29 (Possible Value Trap). The stock has 8 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.

Central General Development Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円131.510. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円96.51 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 9.30% 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 Central General Development Co was 22.60% per year. The lowest was 6.10% per year. And the median was 8.40% per year.

As of today (2026-07-01), Central General Development Co's current stock price is 円369.00. Central General Development Co's E10 for the quarter that ended in Mar. 2026 was 円96.51. Central General Development Co's Shiller PE Ratio of today is 3.82.

During the past 13 years, the highest Shiller PE Ratio of Central General Development Co was 13.06. The lowest was 3.21. And the median was 6.09.


Central General Development Co  (TSE:3238) 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.

Central General Development Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=369.00/96.51
=3.82

* 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 Central General Development Co was 13.06. The lowest was 3.21. And the median was 6.09.


Be Aware

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


Central General Development Co E10 Related Terms


Central General Development Co E10 Historical Data

* Premium members only.

The historical data trend for Central General Development 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.

Central General Development Co E10 Chart

Central General Development Co 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 67.68 74.01 80.83 0.00 96.51

Central General Development Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 92.97 75.94 80.67 96.51

TSE:3238 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Central General Development 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.


Central General Development Co Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Central General Development Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Central General Development Co's Shiller PE Ratio falls into.


TSE:3238
53GF Score
Central General Development Co Ltd TSE:3238
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Central General Development 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, Central General Development Co'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)
=131.51/112.7000*112.7000
=131.510

Current CPI (Mar. 2026) = 112.7000.

Central General Development Co Quarterly Data

per share eps CPI Adj_EPS
201512 5.060 98.100 5.813
201603 127.700 97.900 147.005
201606 4.260 98.100 4.894
201609 -48.029 98.000 -55.233
201612 5.066 98.400 5.802
201703 109.890 98.100 126.245
201706 -81.340 98.500 -93.066
201709 -77.240 98.800 -88.107
201712 202.950 99.400 230.105
201803 24.209 99.200 27.504
201806 -36.240 99.200 -41.172
201809 -89.511 99.900 -100.980
201812 -28.820 99.700 -32.578
201903 249.620 99.700 282.168
201906 17.510 99.800 19.773
201909 -11.780 100.100 -13.263
201912 96.587 100.500 108.312
202003 24.350 100.300 27.360
202006 -6.450 99.900 -7.276
202009 -65.920 99.900 -74.366
202012 114.350 99.300 129.781
202103 32.270 99.900 36.405
202106 -34.160 99.500 -38.692
202109 -10.142 100.100 -11.419
202112 -47.880 100.100 -53.907
202203 149.043 101.100 166.144
202206 -11.310 101.800 -12.521
202209 -4.443 103.100 -4.857
202212 63.210 104.100 68.432
202303 41.210 104.400 44.486
202306 1.310 105.200 1.403
202309 -23.421 106.200 -24.854
202312 14.178 106.800 14.961
202403 102.479 107.200 107.737
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 -34.950 111.700 -35.263
202509 -55.870 112.000 -56.219
202512 -25.330 113.000 -25.263
202603 131.510 112.700 131.510

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96.51 mean?
Central General Development Co (TSE:3238) has a E10 of 円96.51 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Central General Development Co and its competitors.
Is Central General Development Co's E10 too high?
Central General Development Co's current E10 is 円96.51. Overall, Central General Development Co has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Central General Development Co's E10 compare to CBRE and BEKE?
Central General Development Co's E10 of 円96.51 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Central General Development Co and its competitors. Central General Development Co's current E10 is 円96.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central General Development Co stock overvalued right now?
Based on GuruFocus' analysis, Central General Development Co (TSE:3238) is currently considered Possible Value Trap. The stock's GF Value™ is 円581.29, compared to a current price of 円369.00 — trading 36.5% below its estimated fair value. The current E10 is 円96.51. Central General Development Co's overall GF Score™ is 53/100 with 8 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 Central General Development Co (TSE:3238), the current E10 is 円96.51 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 Central General Development Co (TSE:3238) Overvalued in 2026?

Based on GuruFocus' analysis, Central General Development Co stock appears to be undervalued. The current stock price of 円369.00 is trading 36.5% below its estimated GF Value™ of 円581.29. GuruFocus considers Central General Development Co to be Possible Value Trap.

Key valuation signals for TSE:3238:

  • E10: 円96.51
  • GF Value™: 円581.29 vs. price of 円369.00 (36.5% below fair value)
  • GF Score™: 53/100 with 8 warning signs

No single metric tells the full story. See the TSE:3238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central General Development Co Business Description

Address 3-3-7 Iidabashi, Chiyoda-ku, Tokyo, JPN
Central General Development Co Ltd is engaged in the real estate business in Japan. The company is involved in the management and operation of real estate-related businesses in Japan. It sells condominiums and provides after-sale services, such as inspection and repairs and leases buildings.
53GF Score

Get the complete analysis for TSE:3238

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

円369.00
Price
円581.29
GF Value