Kusuri No Aoki Holdings (TSE:3549) E10: 円134.02 (As of Nov. 2025)


TSE:3549 Kusuri No Aoki Holdings TSE:3549
92 GF Score
Price 円3,640.00
GF Value 円4,067.87
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Kusuri No Aoki Holdings E10?

Kusuri No Aoki Holdings TSE:3549 +3.03% 92 E10 is 円134.02 as of Nov. 2025. GuruFocus rates TSE:3549 with a GF Score™ of 92/100 and a GF Value™ of 円4,067.87 (Modestly 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.

Kusuri No Aoki Holdings's adjusted earnings per share data for the three months ended in Nov. 2025 was 円47.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円134.02 for the trailing ten years ended in Nov. 2025.

During the past 12 months, Kusuri No Aoki Holdings's average E10 Growth Rate was 13.00% per year. During the past 3 years, the average E10 Growth Rate was 13.90% per year. During the past 5 years, the average E10 Growth Rate was 14.50% 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 Kusuri No Aoki Holdings was 22.00% per year. The lowest was 13.60% per year. And the median was 15.70% per year.

As of today (2026-06-29), Kusuri No Aoki Holdings's current stock price is 円3640.00. Kusuri No Aoki Holdings's E10 for the quarter that ended in Nov. 2025 was 円134.02. Kusuri No Aoki Holdings's Shiller PE Ratio of today is 27.16.

During the past 13 years, the highest Shiller PE Ratio of Kusuri No Aoki Holdings was 73.16. The lowest was 19.95. And the median was 31.40.


Kusuri No Aoki Holdings  (TSE:3549) 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.

Kusuri No Aoki Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3640.00/134.02
=27.16

* 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 13 years, the highest Shiller P/E Ratio of Kusuri No Aoki Holdings was 73.16. The lowest was 19.95. And the median was 31.40.


Be Aware

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


Kusuri No Aoki Holdings E10 Related Terms


Kusuri No Aoki Holdings E10 Historical Data

* Premium members only.

The historical data trend for Kusuri No Aoki 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.

Kusuri No Aoki Holdings E10 Chart

Kusuri No Aoki Holdings Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.37 85.72 98.74 110.50 126.58

Kusuri No Aoki Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 123.17 126.58 130.25 134.02 0.00

Kusuri No Aoki Holdings E10 Competitor Comparison

For the Pharmaceutical Retailers subindustry, Kusuri No Aoki 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.


Kusuri No Aoki Holdings Shiller PE Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kusuri No Aoki Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kusuri No Aoki Holdings's Shiller PE Ratio falls into.


TSE:3549
92GF Score
Kusuri No Aoki Holdings TSE:3549
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kusuri No Aoki 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, Kusuri No Aoki Holdings's adjusted earnings per share data for the three months ended in Nov. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Nov. 2025 (Change)*Current CPI (Nov. 2025)
=47.46/113.2000*113.2000
=47.460

Current CPI (Nov. 2025) = 113.2000.

Kusuri No Aoki Holdings Quarterly Data

per share eps CPI Adj_EPS
201511 16.073 98.100 18.547
201602 16.723 97.800 19.356
201605 15.930 98.200 18.363
201608 23.793 97.900 27.511
201702 0.000 98.100 0.000
201705 18.650 98.600 21.412
201708 24.817 98.500 28.521
201711 20.773 99.100 23.729
201802 24.757 99.500 28.166
201805 22.997 99.300 26.216
201808 26.433 99.800 29.982
201811 28.030 100.000 31.730
201902 31.290 99.700 35.527
201905 26.840 100.000 30.383
201908 26.770 100.000 30.304
201911 24.920 100.500 28.069
202002 35.497 100.300 40.062
202005 44.083 100.100 49.852
202008 37.973 100.100 42.942
202011 30.053 99.500 34.191
202102 38.043 99.800 43.151
202105 21.447 99.400 24.425
202108 24.820 99.700 28.181
202111 24.810 100.100 28.057
202202 31.993 100.700 35.964
202205 22.390 101.800 24.897
202208 43.813 102.700 48.292
202211 39.957 103.900 43.534
202302 42.620 104.000 46.390
202305 3.911 105.100 4.212
202308 50.633 105.900 54.123
202311 -14.453 106.900 -15.305
202402 51.207 106.900 54.225
202405 42.719 108.100 44.734
202408 53.970 109.100 55.998
202411 31.280 110.000 32.190
202502 51.200 110.800 52.309
202505 37.820 111.800 38.294
202508 50.250 112.100 50.743
202511 47.460 113.200 47.460

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134.02 mean?
Kusuri No Aoki Holdings (TSE:3549) has a E10 of 円134.02 as of Nov. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kusuri No Aoki Holdings and its competitors.
Is Kusuri No Aoki Holdings' E10 too high?
Kusuri No Aoki Holdings' current E10 is 円134.02. Overall, Kusuri No Aoki Holdings has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kusuri No Aoki Holdings' E10 compare to competitors?
Kusuri No Aoki Holdings' E10 of 円134.02 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good E10 depends on the Healthcare Providers & Services 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 Kusuri No Aoki Holdings and its competitors. Kusuri No Aoki Holdings's current E10 is 円134.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kusuri No Aoki Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kusuri No Aoki Holdings (TSE:3549) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,067.87, compared to a current price of 円3,640.00 — trading 10.5% below its estimated fair value. The current E10 is 円134.02. Kusuri No Aoki Holdings' overall GF Score™ is 92/100 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 Kusuri No Aoki Holdings (TSE:3549), the current E10 is 円134.02 as of Nov. 2025. 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 Kusuri No Aoki Holdings (TSE:3549) Overvalued in 2026?

Based on GuruFocus' analysis, Kusuri No Aoki Holdings stock appears to be undervalued. The current stock price of 円3,640.00 is trading 10.5% below its estimated GF Value™ of 円4,067.87. GuruFocus considers Kusuri No Aoki Holdings to be Modestly Undervalued.

Key valuation signals for TSE:3549:

  • E10: 円134.02
  • GF Value™: 円4,067.87 vs. price of 円3,640.00 (10.5% below fair value)
  • GF Score™: 92/100 with 4 warning signs

No single metric tells the full story. See the TSE:3549 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kusuri No Aoki Holdings Business Description

Address 1st Yokoe-cho 4 Block, Ishikawa Prefecture, Hakusan, JPN, 924-8510
Kusuri No Aoki Holdings is a pharmaceutical retail chain that sells health, beauty, and cleaning supplies. The company operates stores that focus primarily on residential areas in Japan. Kusuri's business includes pharmaceutical drugs, and the company also operates a bone-marrow bank. The company breaks out its sales into four different product lines, including health, beauty, life, and dispensing. The vast majority of the company's revenue is derived from its life product category, followed by beauty products. Most of Kusuri's revenue is derived from the Hokuriku region.
92GF Score

Get the complete analysis for TSE:3549

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

円3,640.00
Price
円4,067.87
GF Value