Shoei Yakuhin Co (TSE:3537) E10: 円137.26 (As of Mar. 2026)

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TSE:3537 Shoei Yakuhin Co Ltd TSE:3537
75 GF Score
Price 円1,712.00
GF Value 円1,688.99
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Shoei Yakuhin Co E10?

Shoei Yakuhin Co TSE:3537 -0.58% 75 E10 is 円137.26 as of Mar. 2026. GuruFocus rates TSE:3537 with a GF Score™ of 75/100 and a GF Value™ of 円1,688.99 (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.

Shoei Yakuhin Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円56.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円137.26 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 (2026-08-28), Shoei Yakuhin Co's current stock price is 円1712.00. Shoei Yakuhin Co's E10 for the quarter that ended in Mar. 2026 was 円137.26. Shoei Yakuhin Co's Shiller PE Ratio of today is 12.47.

During the past 12 years, the highest Shiller PE Ratio of Shoei Yakuhin Co was 12.70. The lowest was 11.37. And the median was 11.84.


Shoei Yakuhin Co  (TSE:3537) 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.

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

Shiller PE Ratio=Share Price/E10
=1712.00/137.26
=12.47

* 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 Shoei Yakuhin Co was 12.70. The lowest was 11.37. And the median was 11.84.


Be Aware

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


Shoei Yakuhin Co E10 Related Terms


Shoei Yakuhin Co E10 Historical Data

* Premium members only.

The historical data trend for Shoei Yakuhin 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.

Shoei Yakuhin Co E10 Chart

Shoei Yakuhin 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 0.00 0.00 0.00 0.00 137.26

Shoei Yakuhin Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.00 0.00 0.00 137.26 0.00

TSE:3537 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Shoei Yakuhin 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.


Shoei Yakuhin Co Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shoei Yakuhin Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:3537
75GF Score
Shoei Yakuhin Co Ltd TSE:3537
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shoei Yakuhin 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, Shoei Yakuhin 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)
=56.06/112.7000*112.7000
=56.060

Current CPI (Mar. 2026) = 112.7000.

Shoei Yakuhin Co Quarterly Data

per share eps CPI Adj_EPS
201503 0.000 97.900 0.000
201603 158.290 97.900 182.219
201606 9.093 98.100 10.446
201609 16.937 98.000 19.478
201612 17.900 98.400 20.501
201703 29.130 98.100 33.465
201706 16.673 98.500 19.077
201709 30.770 98.800 35.099
201712 21.962 99.400 24.901
201803 18.430 99.200 20.938
201806 21.880 99.200 24.858
201809 22.710 99.900 25.620
201812 17.490 99.700 19.771
201903 14.450 99.700 16.334
201906 8.620 99.800 9.734
201909 34.795 100.100 39.175
201912 15.110 100.500 16.944
202003 13.498 100.300 15.167
202006 9.610 99.900 10.841
202009 16.440 99.900 18.546
202012 17.140 99.300 19.453
202103 25.280 99.900 28.519
202106 6.240 99.500 7.068
202109 29.559 100.100 33.280
202112 29.226 100.100 32.905
202203 102.070 101.100 113.781
202206 45.350 101.800 50.206
202209 46.920 103.100 51.289
202212 32.220 104.100 34.882
202303 17.203 104.400 18.571
202306 25.160 105.200 26.954
202309 47.430 106.200 50.333
202312 32.168 106.800 33.945
202403 39.976 107.200 42.027
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 28.860 111.700 29.118
202509 41.980 112.000 42.242
202512 36.020 113.000 35.924
202603 56.060 112.700 56.060

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137.26 mean?
Shoei Yakuhin Co (TSE:3537) has a E10 of 円137.26 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shoei Yakuhin Co and its competitors.
Is Shoei Yakuhin Co's E10 too high?
Shoei Yakuhin Co's current E10 is 円137.26. Overall, Shoei Yakuhin Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shoei Yakuhin Co's E10 compare to LIN and SHW?
Shoei Yakuhin Co's E10 of 円137.26 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Shoei Yakuhin Co and its competitors. Shoei Yakuhin Co's current E10 is 円137.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoei Yakuhin Co stock overvalued right now?
Based on GuruFocus' analysis, Shoei Yakuhin Co (TSE:3537) is currently considered Fairly Valued. The stock's GF Value™ is 円1,688.99, compared to a current price of 円1,712.00 — trading 1.4% above its estimated fair value. The current E10 is 円137.26. Shoei Yakuhin Co's overall GF Score™ is 75/100 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 Shoei Yakuhin Co (TSE:3537), the current E10 is 円137.26 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 Shoei Yakuhin Co (TSE:3537) Overvalued in 2026?

Based on GuruFocus' analysis, Shoei Yakuhin Co stock appears to be overvalued. The current stock price of 円1,712.00 is trading 1.4% above its estimated GF Value™ of 円1,688.99. GuruFocus considers Shoei Yakuhin Co to be Fairly Valued.

Key valuation signals for TSE:3537:

  • E10: 円137.26
  • GF Value™: 円1,688.99 vs. price of 円1,712.00 (1.4% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the TSE:3537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shoei Yakuhin Co Business Description

Address 5-1 Azuchimachi 1-Chome, Senba Shoei Building, Chuo-ku, Osaka, JPN, 541-0052
Shoei Yakuhin Co Ltd is engaged in the manufacture and sale of chemical products, daily goods, and civil engineering materials. The company operates under three main reporting segments: Chemical Products, Daily Goods, and Civil Engineering Materials. The Chemical Products segment includes items such as fatty alcohols, fatty acids, surfactants, and other chemical products. The Daily Goods segment focuses on detergents and various hygiene-related products. The Civil Engineering Materials segment provides soil improvement materials, repair agents, and environmental improvement materials.
75GF Score

Get the complete analysis for TSE:3537

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

円1,712.00
Price
円1,688.99
GF Value