Enigmo (TSE:3665) E10: 円31.54 (As of Jan. 2026)


TSE:3665 Enigmo Inc TSE:3665
69 GF Score
Price 円401.00
GF Value 円459.42
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Enigmo E10?

Enigmo TSE:3665 -1.47% 69 E10 is 円31.54 as of Jan. 2026. GuruFocus rates TSE:3665 with a GF Score™ of 69/100 and a GF Value™ of 円459.42 (Modestly Undervalued). The stock has 7 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.

Enigmo's adjusted earnings per share data for the three months ended in Jan. 2026 was 円9.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円31.54 for the trailing ten years ended in Jan. 2026.

During the past 12 months, Enigmo's average E10 Growth Rate was 6.00% per year. During the past 3 years, the average E10 Growth Rate was 4.10% 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 Enigmo was 4.30% per year. The lowest was 4.10% per year. And the median was 4.20% per year.

As of today (2026-07-11), Enigmo's current stock price is 円401.00. Enigmo's E10 for the quarter that ended in Jan. 2026 was 円31.54. Enigmo's Shiller PE Ratio of today is 12.71.

During the past 13 years, the highest Shiller PE Ratio of Enigmo was 45.10. The lowest was 9.11. And the median was 13.15.


Enigmo  (TSE:3665) 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.

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

Shiller PE Ratio=Share Price/E10
=401.00/31.54
=12.71

* 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 Enigmo was 45.10. The lowest was 9.11. And the median was 13.15.


Be Aware

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


Enigmo E10 Related Terms


Enigmo E10 Historical Data

* Premium members only.

The historical data trend for Enigmo'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.

Enigmo E10 Chart

Enigmo Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.25 27.96 29.36 29.76 31.54

Enigmo Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 29.67 29.99 30.17 31.54 0.00

TSE:3665 vs AMZN, BABA, PDD: E10 Comparison

For the Internet Retail subindustry, Enigmo'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.


Enigmo Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Enigmo's Shiller PE Ratio distribution charts can be found below:

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


TSE:3665
69GF Score
Enigmo Inc TSE:3665
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enigmo 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, Enigmo's adjusted earnings per share data for the three months ended in Jan. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jan. 2026 (Change)*Current CPI (Jan. 2026)
=9.43/112.9000*112.9000
=9.430

Current CPI (Jan. 2026) = 112.9000.

Enigmo Quarterly Data

per share eps CPI Adj_EPS
201604 6.230 98.100 7.170
201607 6.965 97.900 8.032
201610 5.840 98.600 6.687
201701 8.422 98.200 9.683
201704 6.065 98.500 6.952
201707 4.845 98.300 5.565
201710 -5.605 98.800 -6.405
201801 10.451 99.500 11.858
201804 8.110 99.100 9.239
201807 7.530 99.200 8.570
201810 8.978 100.200 10.116
201901 12.268 99.700 13.892
201904 9.740 100.000 10.996
201907 8.860 99.800 10.023
201910 9.866 100.400 11.094
202001 16.203 100.500 18.202
202004 7.990 100.200 9.003
202007 10.830 100.000 12.227
202010 12.560 99.800 14.209
202101 19.025 99.800 21.522
202104 11.880 99.100 13.534
202107 10.500 99.700 11.890
202110 10.220 99.900 11.550
202201 16.720 100.300 18.820
202204 9.160 101.500 10.189
202207 1.221 102.300 1.348
202210 3.950 103.700 4.300
202301 3.071 104.700 3.312
202304 3.810 105.100 4.093
202307 3.099 105.700 3.310
202310 1.740 107.100 1.834
202401 12.450 106.900 13.149
202404 2.500 107.700 2.621
202407 0.820 108.600 0.852
202410 0.380 109.500 0.392
202501 7.230 111.200 7.341
202504 1.940 111.500 1.964
202507 -3.190 111.900 -3.219
202510 0.050 112.800 0.050
202601 9.430 112.900 9.430

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31.54 mean?
Enigmo (TSE:3665) has a E10 of 円31.54 as of Jan. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Enigmo and its competitors.
Is Enigmo's E10 too high?
Enigmo's current E10 is 円31.54. Overall, Enigmo has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enigmo's E10 compare to AMZN and BABA?
Enigmo's E10 of 円31.54 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Enigmo and its competitors. Enigmo's current E10 is 円31.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enigmo stock overvalued right now?
Based on GuruFocus' analysis, Enigmo (TSE:3665) is currently considered Modestly Undervalued. The stock's GF Value™ is 円459.42, compared to a current price of 円401.00 — trading 12.7% below its estimated fair value. The current E10 is 円31.54. Enigmo's overall GF Score™ is 69/100 with 7 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 Enigmo (TSE:3665), the current E10 is 円31.54 as of Jan. 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 Enigmo (TSE:3665) Overvalued in 2026?

Based on GuruFocus' analysis, Enigmo stock appears to be undervalued. The current stock price of 円401.00 is trading 12.7% below its estimated GF Value™ of 円459.42. GuruFocus considers Enigmo to be Modestly Undervalued.

Key valuation signals for TSE:3665:

  • E10: 円31.54
  • GF Value™: 円459.42 vs. price of 円401.00 (12.7% below fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the TSE:3665 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enigmo Business Description

Address 4-8-15 Akasaka, Akasaka KOSEN Building, Minato-ku, Tokyo, JPN, 107-0052
Enigmo Inc develops internet business models. It operates BUYMA, a marketplace for buying fashion items from personal shoppers; BUYMA TRAVEL, a website that provides private local tours to Japanese travelers living abroad; and STYLE HAUS, a platform that offers fashion, lifestyle, and cosmetics recommendations.
69GF Score

Get the complete analysis for TSE:3665

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

円401.00
Price
円459.42
GF Value