Palma Co (TSE:3461) E10: 円24.90 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:3461 Palma Co Ltd TSE:3461
62 GF Score
Price 円608.00
GF Value 円362.39
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Palma Co E10?

Palma Co TSE:3461 -0.33% 62 E10 is 円24.90 as of Mar. 2026. GuruFocus rates TSE:3461 with a GF Score™ of 62/100 and a GF Value™ of 円362.39 (Significantly Overvalued). The stock has 5 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.

Palma Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円5.530. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円24.90 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-08-30), Palma Co's current stock price is 円608.00. Palma Co's E10 for the quarter that ended in Mar. 2026 was 円24.90. Palma Co's Shiller PE Ratio of today is 24.42.

During the past 12 years, the highest Shiller PE Ratio of Palma Co was 25.23. The lowest was 20.45. And the median was 22.09.


Palma Co  (TSE:3461) 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.

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

Shiller PE Ratio=Share Price/E10
=608.00/24.90
=24.42

* 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 12 years, the highest Shiller P/E Ratio of Palma Co was 25.23. The lowest was 20.45. And the median was 22.09.


Be Aware

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


Palma Co E10 Related Terms


Palma Co E10 Historical Data

* Premium members only.

The historical data trend for Palma 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.

Palma Co E10 Chart

Palma Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 24.74

Palma Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 24.10 24.74 24.89 24.90 0.00

TSE:3461 vs CTAS, CPRT, GPN: E10 Comparison

For the Specialty Business Services subindustry, Palma 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.


Palma Co Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Palma Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:3461
62GF Score
Palma Co Ltd TSE:3461
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Palma 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, Palma 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)
=5.53/112.7000*112.7000
=5.530

Current CPI (Mar. 2026) = 112.7000.

Palma Co Quarterly Data

per share eps CPI Adj_EPS
201603 2.070 97.900 2.383
201606 7.023 98.100 8.068
201609 6.470 98.000 7.441
201612 5.220 98.400 5.979
201703 5.198 98.100 5.972
201706 -3.745 98.500 -4.285
201709 13.127 98.800 14.974
201712 4.960 99.400 5.624
201803 3.520 99.200 3.999
201806 1.130 99.200 1.284
201809 25.810 99.900 29.117
201812 0.870 99.700 0.983
201903 4.850 99.700 5.482
201906 5.220 99.800 5.895
201909 39.260 100.100 44.202
201912 5.270 100.500 5.910
202003 -4.060 100.300 -4.562
202006 2.670 99.900 3.012
202009 27.360 99.900 30.866
202012 6.630 99.300 7.525
202103 -5.750 99.900 -6.487
202106 3.780 99.500 4.281
202109 6.800 100.100 7.656
202112 -6.510 100.100 -7.329
202203 3.890 101.100 4.336
202206 8.084 101.800 8.950
202209 -1.040 103.100 -1.137
202212 -2.440 104.100 -2.642
202303 0.904 104.400 0.976
202306 1.170 105.200 1.253
202309 16.927 106.200 17.963
202312 -0.770 106.800 -0.813
202403 1.126 107.200 1.184
202406 12.140 108.200 12.645
202409 -0.550 108.900 -0.569
202503 0.000 111.100 0.000
202506 4.370 111.700 4.409
202509 8.820 112.000 8.875
202512 3.870 113.000 3.860
202603 5.530 112.700 5.530

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24.90 mean?
Palma Co (TSE:3461) has a E10 of 円24.90 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Palma Co and its competitors.
Is Palma Co's E10 too high?
Palma Co's current E10 is 円24.90. Overall, Palma Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Palma Co's E10 compare to CTAS and CPRT?
Palma Co's E10 of 円24.90 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 Palma Co and its competitors. Palma Co's current E10 is 円24.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palma Co stock overvalued right now?
Based on GuruFocus' analysis, Palma Co (TSE:3461) is currently considered Significantly Overvalued. The stock's GF Value™ is 円362.39, compared to a current price of 円608.00 — trading 67.8% above its estimated fair value. The current E10 is 円24.90. Palma Co's overall GF Score™ is 62/100 with 5 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 Palma Co (TSE:3461), the current E10 is 円24.90 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 Palma Co (TSE:3461) Overvalued in 2026?

Based on GuruFocus' analysis, Palma Co stock appears to be overvalued. The current stock price of 円608.00 is trading 67.8% above its estimated GF Value™ of 円362.39. GuruFocus considers Palma Co to be Significantly Overvalued.

Key valuation signals for TSE:3461:

  • E10: 円24.90
  • GF Value™: 円362.39 vs. price of 円608.00 (67.8% above fair value)
  • GF Score™: 62/100 with 5 warning signs

No single metric tells the full story. See the TSE:3461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Palma Co Business Description

Address 4-5-20 Kojimachi, 5th Floor, KS Building, Chiyoda-ku, Tokyo, JPN, 102-0083
Palma Co Ltd is engaged in the self-storage business for business process outsourcing. Its three solutions services include business solution services, IT solution services, and turnkey solutions. Its IT solution services include WEB reservation settlement and an inventory management system, and turn-key solutions include facility development, sales, and property management.
62GF Score

Get the complete analysis for TSE:3461

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

円608.00
Price
円362.39
GF Value