Atsugi Co (TSE:3529) E10: 円-99.09 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:3529 Atsugi Co Ltd TSE:3529
56 GF Score
Price 円1,050.00
GF Value 円952.30
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Atsugi Co E10?

Atsugi Co TSE:3529 +1.94% 56 E10 is 円-99.09 as of Mar. 2026. GuruFocus rates TSE:3529 with a GF Score™ of 56/100 and a GF Value™ of 円952.30 (Fairly Valued). 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.

Atsugi Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円-26.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円-99.09 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -7.70% 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 Atsugi Co was -7.70% per year. The lowest was -46.90% per year. And the median was -12.20% per year.

As of today (2026-08-26), Atsugi Co's current stock price is 円1050.00. Atsugi Co's E10 for the quarter that ended in Mar. 2026 was 円-99.09. Atsugi Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Atsugi Co was 83.26. The lowest was 26.16. And the median was 48.19.


Atsugi Co  (TSE:3529) 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 Atsugi Co was 83.26. The lowest was 26.16. And the median was 48.19.


Be Aware

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


Atsugi Co E10 Related Terms


Atsugi Co E10 Historical Data

* Premium members only.

The historical data trend for Atsugi 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.

Atsugi Co E10 Chart

Atsugi 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 -67.57 -79.43 -76.96 0.00 -99.09

Atsugi 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 -88.25 -88.33 -92.65 -99.09 0.00

TSE:3529 vs RL, LEVI, VFC: E10 Comparison

For the Apparel Manufacturing subindustry, Atsugi 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.


Atsugi Co Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Atsugi Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:3529
56GF Score
Atsugi Co Ltd TSE:3529
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atsugi 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, Atsugi 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)
=-26.63/112.7000*112.7000
=-26.630

Current CPI (Mar. 2026) = 112.7000.

Atsugi Co Quarterly Data

per share eps CPI Adj_EPS
201603 20.100 97.900 23.139
201606 -5.500 98.100 -6.319
201609 22.680 98.000 26.082
201612 32.348 98.400 37.049
201703 -8.681 98.100 -9.973
201706 4.420 98.500 5.057
201709 19.110 98.800 21.799
201712 17.050 99.400 19.331
201803 -4.926 99.200 -5.596
201806 -12.960 99.200 -14.724
201809 15.590 99.900 17.588
201812 4.116 99.700 4.653
201903 -198.850 99.700 -224.778
201906 -15.120 99.800 -17.074
201909 2.931 100.100 3.300
201912 -296.420 100.500 -332.403
202003 -61.510 100.300 -69.114
202006 -53.500 99.900 -60.355
202009 11.727 99.900 13.230
202012 -26.075 99.300 -29.594
202103 -170.910 99.900 -192.808
202106 -6.790 99.500 -7.691
202109 -43.735 100.100 -49.240
202112 -5.990 100.100 -6.744
202203 -57.535 101.100 -64.136
202206 -26.560 101.800 -29.404
202209 -16.790 103.100 -18.353
202212 -7.363 104.100 -7.971
202303 -25.160 104.400 -27.160
202306 -9.330 105.200 -9.995
202309 77.137 106.200 81.858
202312 8.960 106.800 9.455
202403 6.242 107.200 6.562
202406 1.400 108.200 1.458
202409 17.280 108.900 17.883
202503 0.000 111.100 0.000
202506 -31.779 111.700 -32.064
202509 9.579 112.000 9.639
202512 -22.180 113.000 -22.121
202603 -26.630 112.700 -26.630

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-99.09 mean?
Atsugi Co (TSE:3529) has a E10 of 円-99.09 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Atsugi Co and its competitors.
Is Atsugi Co's E10 too high?
Atsugi Co's current E10 is 円-99.09. Overall, Atsugi Co has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Atsugi Co's E10 compare to RL and LEVI?
Atsugi Co's E10 of 円-99.09 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Atsugi Co and its competitors. Atsugi Co's current E10 is 円-99.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atsugi Co stock overvalued right now?
Based on GuruFocus' analysis, Atsugi Co (TSE:3529) is currently considered Fairly Valued. The stock's GF Value™ is 円952.30, compared to a current price of 円1,050.00 — trading 10.3% above its estimated fair value. The current E10 is 円-99.09. Atsugi Co's overall GF Score™ is 56/100 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 Atsugi Co (TSE:3529), the current E10 is 円-99.09 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 Atsugi Co (TSE:3529) Overvalued in 2026?

Based on GuruFocus' analysis, Atsugi Co stock appears to be overvalued. The current stock price of 円1,050.00 is trading 10.3% above its estimated GF Value™ of 円952.30. GuruFocus considers Atsugi Co to be Fairly Valued.

Key valuation signals for TSE:3529:

  • E10: 円-99.09
  • GF Value™: 円952.30 vs. price of 円1,050.00 (10.3% above fair value)
  • GF Score™: 56/100 with 2 warning signs

No single metric tells the full story. See the TSE:3529 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Atsugi Co Business Description

Address 3-2 Otanikita 1-chome, Kanagawa Prefecture, Ebina City, JPN, 243-0493
Atsugi Co Ltd manufactures pantyhose, socks and lingerie products for women in Japan. The company also manufactures socks for elderly people.
56GF Score

Get the complete analysis for TSE:3529

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

円1,050.00
Price
円952.30
GF Value