Dualtap Co (TSE:3469) E10: 円0.00 (As of Mar. 2026)

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Vera Yuan
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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.
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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:3469 Dualtap Co Ltd TSE:3469
63 GF Score
Price 円900.00
GF Value 円811.10
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Dualtap Co E10?

Dualtap Co TSE:3469 +0.22% 63 E10 is 円0.00 as of Mar. 2026. GuruFocus rates TSE:3469 with a GF Score™ of 63/100 and a GF Value™ of 円811.10 (Modestly Overvalued). The stock has 2 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.

Dualtap Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円2.370. 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 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 (2026-08-25), Dualtap Co's current stock price is 円900.00. Dualtap Co's E10 for the quarter that ended in Mar. 2026 was 円0.00. Dualtap Co's Shiller PE Ratio of today is .

During the past 12 years, the highest Shiller PE Ratio of Dualtap Co was 21.65. The lowest was 18.45. And the median was 20.34.


Dualtap Co  (TSE:3469) 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 12 years, the highest Shiller P/E Ratio of Dualtap Co was 21.65. The lowest was 18.45. And the median was 20.34.


Be Aware

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


Dualtap Co E10 Related Terms


Dualtap Co E10 Historical Data

* Premium members only.

The historical data trend for Dualtap 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.

Dualtap Co E10 Chart

Dualtap Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 49.91 41.52 0.00

Dualtap Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 41.52 0.00 0.00 0.00 0.00

Dualtap Co E10 Competitor Comparison

For the Real Estate - Diversified subindustry, Dualtap 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.


Dualtap Co Shiller PE Ratio vs Real Estate Industry

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

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


TSE:3469
63GF Score
Dualtap Co Ltd TSE:3469
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dualtap 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, Dualtap 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)
=2.37/112.7000*112.7000
=2.370

Current CPI (Mar. 2026) = 112.7000.

Dualtap Co Quarterly Data

per share eps CPI Adj_EPS
201506 0.000 98.400 0.000
201606 19.525 98.100 22.431
201609 0.607 98.000 0.698
201612 9.302 98.400 10.654
201703 43.667 98.100 50.166
201706 11.680 98.500 13.364
201709 53.170 98.800 60.650
201712 55.580 99.400 63.017
201803 -4.890 99.200 -5.555
201806 -11.470 99.200 -13.031
201809 -8.040 99.900 -9.070
201812 -14.663 99.700 -16.575
201903 42.728 99.700 48.299
201906 34.880 99.800 39.389
201909 -10.560 100.100 -11.889
201912 9.340 100.500 10.474
202003 80.297 100.300 90.224
202006 -6.020 99.900 -6.791
202009 -16.520 99.900 -18.637
202012 -6.724 99.300 -7.631
202103 -23.070 99.900 -26.026
202106 49.757 99.500 56.358
202109 -9.910 100.100 -11.157
202112 -28.190 100.100 -31.738
202203 26.036 101.100 29.023
202206 28.889 101.800 31.982
202209 96.250 103.100 105.212
202212 -16.780 104.100 -18.166
202303 -17.980 104.400 -19.409
202306 -5.490 105.200 -5.881
202309 -47.740 106.200 -50.662
202312 -49.191 106.800 -51.908
202403 -11.341 107.200 -11.923
202406 -4.344 108.200 -4.525
202412 0.000 110.700 0.000
202503 -8.650 111.100 -8.775
202506 29.870 111.700 30.137
202509 -21.280 112.000 -21.413
202512 19.180 113.000 19.129
202603 2.370 112.700 2.370

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?
Dualtap Co (TSE:3469) has a E10 of 円0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dualtap Co and its competitors.
Is Dualtap Co's E10 too high?
Dualtap Co's current E10 is 円0.00. Overall, Dualtap Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dualtap Co's E10 compare to competitors?
Dualtap Co's E10 of 円0.00 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 Dualtap Co and its competitors. Dualtap Co'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 Dualtap Co stock overvalued right now?
Based on GuruFocus' analysis, Dualtap Co (TSE:3469) is currently considered Modestly Overvalued. The stock's GF Value™ is 円811.10, compared to a current price of 円900.00 — trading 11% above its estimated fair value. The current E10 is 円0.00. Dualtap Co's overall GF Score™ is 63/100 with 2 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 Dualtap Co (TSE:3469), the current E10 is 円0.00 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 Dualtap Co (TSE:3469) Overvalued in 2026?

Based on GuruFocus' analysis, Dualtap Co stock appears to be overvalued. The current stock price of 円900.00 is trading 11% above its estimated GF Value™ of 円811.10. GuruFocus considers Dualtap Co to be Modestly Overvalued.

Key valuation signals for TSE:3469:

  • E10: 円0.00
  • GF Value™: 円811.10 vs. price of 円900.00 (11% above fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the TSE:3469 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dualtap Co Business Description

Address 4-7 Hisamatsucho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0005
Dualtap Co Ltd is a real estate company. Along with its subsidiaries, the company operates across various business segments such as the Real estate sales business, Real estate management business, Overseas real estate business, and the Sales support business. A majority of its revenue is generated from the Real estate sales business which plans and develops asset management condominiums, called XEBEC across various wards of Tokyo. The properties developed are sold to individual investors, REITs, real estate funds, corporate corporations, etc.
63GF Score

Get the complete analysis for TSE:3469

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

円900.00
Price
円811.10
GF Value