Willplus Holdings (TSE:3538) E10: 円123.11 (As of Mar. 2026)

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TSE:3538 Willplus Holdings Corp TSE:3538
73 GF Score
Price 円1,030.00
GF Value 円1,590.10
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Willplus Holdings E10?

Willplus Holdings TSE:3538 +0.59% 73 E10 is 円123.11 as of Mar. 2026. GuruFocus rates TSE:3538 with a GF Score™ of 73/100 and a GF Value™ of 円1,590.10 (Significantly Undervalued). The stock has 4 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.

Willplus Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was 円12.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円123.11 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 (2026-09-02), Willplus Holdings's current stock price is 円1030.00. Willplus Holdings's E10 for the quarter that ended in Mar. 2026 was 円123.11. Willplus Holdings's Shiller PE Ratio of today is 8.37.

During the past 12 years, the highest Shiller PE Ratio of Willplus Holdings was 8.71. The lowest was 7.33. And the median was 8.34.


Willplus Holdings  (TSE:3538) 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.

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

Shiller PE Ratio=Share Price/E10
=1030.00/123.11
=8.37

* 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 Willplus Holdings was 8.71. The lowest was 7.33. And the median was 8.34.


Be Aware

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


Willplus Holdings E10 Related Terms


Willplus Holdings E10 Historical Data

* Premium members only.

The historical data trend for Willplus Holdings'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.

Willplus Holdings E10 Chart

Willplus Holdings 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 0.00 0.00 0.00

Willplus Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 120.87 124.26 123.11 0.00

TSE:3538 vs CVNA, PAG, ALTB: E10 Comparison

For the Auto & Truck Dealerships subindustry, Willplus Holdings'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.


Willplus Holdings Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Willplus Holdings's Shiller PE Ratio distribution charts can be found below:

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


TSE:3538
73GF Score
Willplus Holdings Corp TSE:3538
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Willplus Holdings 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, Willplus Holdings'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)
=12.98/112.7000*112.7000
=12.980

Current CPI (Mar. 2026) = 112.7000.

Willplus Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 1.575 98.100 1.809
201609 9.650 98.000 11.098
201612 22.592 98.400 25.875
201703 17.330 98.100 19.909
201706 18.780 98.500 21.487
201709 18.530 98.800 21.137
201712 23.410 99.400 26.542
201803 20.150 99.200 22.892
201806 21.690 99.200 24.642
201809 18.210 99.900 20.543
201812 16.660 99.700 18.832
201903 15.790 99.700 17.849
201906 25.020 99.800 28.254
201909 32.540 100.100 36.636
201912 18.300 100.500 20.521
202003 16.390 100.300 18.416
202006 15.960 99.900 18.005
202009 31.910 99.900 35.999
202012 51.300 99.300 58.223
202103 36.260 99.900 40.906
202106 38.850 99.500 44.004
202109 41.040 100.100 46.206
202112 50.850 100.100 57.251
202203 38.620 101.100 43.051
202206 29.190 101.800 32.315
202209 32.810 103.100 35.865
202212 32.290 104.100 34.958
202303 37.880 104.400 40.892
202306 30.580 105.200 32.760
202309 20.510 106.200 21.765
202312 23.760 106.800 25.073
202403 24.060 107.200 25.294
202406 46.980 108.200 48.934
202409 29.910 108.900 30.954
202412 43.750 110.700 44.540
202503 51.570 111.100 52.313
202506 32.950 111.700 33.245
202509 25.570 112.000 25.730
202512 53.570 113.000 53.428
202603 12.980 112.700 12.980

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123.11 mean?
Willplus Holdings (TSE:3538) has a E10 of 円123.11 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Willplus Holdings and its competitors.
Is Willplus Holdings' E10 too high?
Willplus Holdings' current E10 is 円123.11. Overall, Willplus Holdings has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Willplus Holdings' E10 compare to CVNA and PAG?
Willplus Holdings' E10 of 円123.11 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Willplus Holdings and its competitors. Willplus Holdings's current E10 is 円123.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Willplus Holdings stock overvalued right now?
Based on GuruFocus' analysis, Willplus Holdings (TSE:3538) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,590.10, compared to a current price of 円1,030.00 — trading 35.2% below its estimated fair value. The current E10 is 円123.11. Willplus Holdings' overall GF Score™ is 73/100 with 4 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 Willplus Holdings (TSE:3538), the current E10 is 円123.11 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 Willplus Holdings (TSE:3538) Overvalued in 2026?

Based on GuruFocus' analysis, Willplus Holdings stock appears to be undervalued. The current stock price of 円1,030.00 is trading 35.2% below its estimated GF Value™ of 円1,590.10. GuruFocus considers Willplus Holdings to be Significantly Undervalued.

Key valuation signals for TSE:3538:

  • E10: 円123.11
  • GF Value™: 円1,590.10 vs. price of 円1,030.00 (35.2% below fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the TSE:3538 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Willplus Holdings Business Description

Address Shiba 5-chome Shiba 5-chome, Minato-ku, Shiba Mita Mori Building, 8th Floor, Tokyo, JPN
Willplus Holdings Corp is a Japanese firm. It is a retailer of the imported car. The Company sells cars of brands including Jaguar, Fiat, Chrysler, Jeep, BMW, Porsche, and Volvo.
73GF Score

Get the complete analysis for TSE:3538

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

円1,030.00
Price
円1,590.10
GF Value