Voltage (TSE:3639) E10: 円0.00 (As of Dec. 2025)


TSE:3639 Voltage Inc TSE:3639
45 GF Score
Price 円213.00
GF Value 円148.31
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Voltage E10?

Voltage TSE:3639 45 E10 is 円0.00 as of Dec. 2025. GuruFocus rates TSE:3639 with a GF Score™ of 45/100 and a GF Value™ of 円148.31 (Significantly Overvalued). 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.

Voltage's adjusted earnings per share data for the three months ended in Dec. 2025 was 円0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円0.00 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average E10 Growth Rate was -18.80% 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 Voltage was -18.80% per year. The lowest was -91.30% per year. And the median was -55.05% per year.

As of today (2026-07-01), Voltage's current stock price is 円213.00. Voltage's E10 for the quarter that ended in Dec. 2025 was 円0.00. Voltage's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Voltage was 342.94. The lowest was 20.20. And the median was 52.66.


Voltage  (TSE:3639) 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 Voltage was 342.94. The lowest was 20.20. And the median was 52.66.


Be Aware

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


Voltage E10 Related Terms


Voltage E10 Historical Data

* Premium members only.

The historical data trend for Voltage'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.

Voltage E10 Chart

Voltage Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.87 -22.49 -26.96 -34.08 -37.71

Voltage Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26
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 -35.78 -37.71 0.00 0.00

TSE:3639 vs NTES, EA, TTWO: E10 Comparison

For the Electronic Gaming & Multimedia subindustry, Voltage'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.


Voltage Shiller PE Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Voltage's Shiller PE Ratio distribution charts can be found below:

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


TSE:3639
45GF Score
Voltage Inc TSE:3639
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voltage 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, Voltage's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/113.0000*113.0000
=0.000

Current CPI (Dec. 2025) = 113.0000.

Voltage Quarterly Data

per share eps CPI Adj_EPS
201509 -14.590 98.500 -16.738
201512 33.934 98.100 39.088
201603 22.630 97.900 26.120
201606 -1.620 98.100 -1.866
201609 -11.270 98.000 -12.995
201612 19.718 98.400 22.644
201703 -11.360 98.100 -13.085
201706 7.299 98.500 8.373
201709 -76.830 98.800 -87.872
201712 -71.520 99.400 -81.305
201803 -91.604 99.200 -104.347
201806 -19.996 99.200 -22.778
201809 -19.370 99.900 -21.910
201812 -3.253 99.700 -3.687
201903 -4.970 99.700 -5.633
201906 -41.670 99.800 -47.181
201909 -23.080 100.100 -26.054
201912 -7.750 100.500 -8.714
202003 -15.160 100.300 -17.080
202006 15.052 99.900 17.026
202009 7.060 99.900 7.986
202012 14.270 99.300 16.239
202103 -2.700 99.900 -3.054
202106 6.840 99.500 7.768
202109 -34.990 100.100 -39.499
202112 -30.951 100.100 -34.940
202203 0.410 101.100 0.458
202206 1.347 101.800 1.495
202209 -10.620 103.100 -11.640
202212 4.730 104.100 5.134
202303 2.620 104.400 2.836
202306 -2.831 105.200 -3.041
202309 -15.490 106.200 -16.482
202312 -2.980 106.800 -3.153
202403 6.170 107.200 6.504
202406 13.118 108.200 13.700
202412 0.000 110.700 0.000
202503 -0.480 111.100 -0.488
202506 5.060 111.700 5.119
202512 0.000 113.000 0.000

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0.00 mean?
Voltage (TSE:3639) has a E10 of 円0.00 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Voltage and its competitors.
Is Voltage's E10 too high?
Voltage's current E10 is 円0.00. Overall, Voltage has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Voltage's E10 compare to NTES and EA?
Voltage's E10 of 円0.00 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good E10 depends on the Interactive Media 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 Voltage and its competitors. Voltage's current E10 is 円0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voltage stock overvalued right now?
Based on GuruFocus' analysis, Voltage (TSE:3639) is currently considered Significantly Overvalued. The stock's GF Value™ is 円148.31, compared to a current price of 円213.00 — trading 43.6% above its estimated fair value. The current E10 is 円0.00. Voltage's overall GF Score™ is 45/100 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 Voltage (TSE:3639), the current E10 is 円0.00 as of Dec. 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 Voltage (TSE:3639) Overvalued in 2026?

Based on GuruFocus' analysis, Voltage stock appears to be overvalued. The current stock price of 円213.00 is trading 43.6% above its estimated GF Value™ of 円148.31. GuruFocus considers Voltage to be Significantly Overvalued.

Key valuation signals for TSE:3639:

  • E10: 円0.00
  • GF Value™: 円148.31 vs. price of 円213.00 (43.6% above fair value)
  • GF Score™: 45/100 with 3 warning signs

No single metric tells the full story. See the TSE:3639 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voltage Business Description

Address 4-20-3 Ebisu, 28th Floor, Ebisu Garden Place Tower, Shibuya-ku, Tokyo, JPN, 150-6027
Voltage Inc is involved in planning, designing, developing, producing, and operating mobile content in Japan and internationally. It is involved in planning, manufacturing, and sales of event merchandise, videos, and music using intellectual property (IP) content.
45GF Score

Get the complete analysis for TSE:3639

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

円213.00
Price
円148.31
GF Value