TKP (TSE:3479) E10: 円50.07 (As of Feb. 2026)

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.
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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:3479 TKP Corp TSE:3479
65 GF Score
Price 円1,772.00
GF Value 円5,106.43
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is TKP E10?

TKP TSE:3479 -2.96% 65 E10 is 円50.07 as of Feb. 2026. GuruFocus rates TSE:3479 with a GF Score™ of 65/100 and a GF Value™ of 円5,106.43 (Possible Value Trap). The stock has 3 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.

TKP's adjusted earnings per share data for the three months ended in Feb. 2026 was 円238.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円50.07 for the trailing ten years ended in Feb. 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 (2026-07-21), TKP's current stock price is 円1772.00. TKP's E10 for the quarter that ended in Feb. 2026 was 円50.07. TKP's Shiller PE Ratio of today is 35.39.

During the past 12 years, the highest Shiller PE Ratio of TKP was 38.87. The lowest was 30.40. And the median was 34.59.


TKP  (TSE:3479) 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.

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

Shiller PE Ratio=Share Price/E10
=1772.00/50.07
=35.39

* 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 TKP was 38.87. The lowest was 30.40. And the median was 34.59.


Be Aware

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


TKP E10 Related Terms


TKP E10 Historical Data

* Premium members only.

The historical data trend for TKP'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.

TKP E10 Chart

TKP Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 50.07

TKP Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 50.07 0.00

TSE:3479 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, TKP'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.


TKP Shiller PE Ratio vs Real Estate Industry

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

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


TSE:3479
65GF Score
TKP Corp TSE:3479
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TKP 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, TKP's adjusted earnings per share data for the three months ended in Feb. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=238.01/112.2000*112.2000
=238.010

Current CPI (Feb. 2026) = 112.2000.

TKP Quarterly Data

per share eps CPI Adj_EPS
201502 0.000 97.600 0.000
201602 0.000 97.800 0.000
201611 0.000 98.600 0.000
201702 0.268 98.100 0.307
201705 23.210 98.600 26.411
201708 24.350 98.500 27.737
201711 12.870 99.100 14.571
201802 2.410 99.500 2.718
201805 29.760 99.300 33.626
201808 -12.150 99.800 -13.660
201811 14.970 100.000 16.796
201902 24.040 99.700 27.054
201905 12.280 100.000 13.778
201908 9.400 100.000 10.547
201911 14.660 100.500 16.367
202002 13.020 100.300 14.565
202005 -38.970 100.100 -43.681
202008 -24.978 100.100 -27.997
202011 -12.060 99.500 -13.599
202102 -17.150 99.800 -19.281
202105 -48.500 99.400 -54.745
202108 -6.223 99.700 -7.003
202111 -19.309 100.100 -21.643
202202 -6.544 100.700 -7.291
202205 9.380 101.800 10.338
202208 -11.900 102.700 -13.001
202211 -50.900 103.900 -54.966
202302 -64.910 104.000 -70.028
202305 109.850 105.100 117.271
202308 25.700 105.900 27.229
202311 10.210 106.900 10.716
202402 28.080 106.900 29.472
202405 44.570 108.100 46.260
202408 13.080 109.100 13.452
202411 21.250 110.000 21.675
202502 11.410 110.800 11.554
202505 27.050 111.800 27.147
202508 14.470 112.100 14.483
202511 38.300 113.200 37.962
202602 238.010 112.200 238.010

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50.07 mean?
TKP (TSE:3479) has a E10 of 円50.07 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on TKP and its competitors.
Is TKP's E10 too high?
TKP's current E10 is 円50.07. Overall, TKP has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TKP's E10 compare to CBRE and BEKE?
TKP's E10 of 円50.07 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 TKP and its competitors. TKP's current E10 is 円50.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TKP stock overvalued right now?
Based on GuruFocus' analysis, TKP (TSE:3479) is currently considered Possible Value Trap. The stock's GF Value™ is 円5,106.43, compared to a current price of 円1,772.00 — trading 65.3% below its estimated fair value. The current E10 is 円50.07. TKP's overall GF Score™ is 65/100 with 3 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 TKP (TSE:3479), the current E10 is 円50.07 as of Feb. 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 TKP (TSE:3479) Overvalued in 2026?

Based on GuruFocus' analysis, TKP stock appears to be undervalued. The current stock price of 円1,772.00 is trading 65.3% below its estimated GF Value™ of 円5,106.43. GuruFocus considers TKP to be Possible Value Trap.

Key valuation signals for TSE:3479:

  • E10: 円50.07
  • GF Value™: 円5,106.43 vs. price of 円1,772.00 (65.3% below fair value)
  • GF Score™: 65/100 with 3 warning signs

No single metric tells the full story. See the TSE:3479 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TKP Business Description

Address 8, Ichigaya Hachiman-cho, TKP Ichigaya Building 2nd Floor, Shinjuku-ku, Tokyo, JPN, 162-0844
TKP Corp is a Japan-based real estate company. It offers conference rooms & banquet halls on a rental basis. The company is also intended to provide in-house production of services associated with conferences, such as food and beverage catering, hotels and resorts, & call centers, among other services. The group operates in three segments: The Space Regeneration & Distribution Business includes flexible offices, hotels & accommodation/training facilities, food & beverage/banquets, & event production. The Lilycolor business consists of three areas: interior business, space solutions business, & real estate investment & development business. The Novarese Escri Business consists of three areas: bridal services, restaurant-focused services, & construction- & real estate-related services.
65GF Score

Get the complete analysis for TSE:3479

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

円1,772.00
Price
円5,106.43
GF Value