Digital Plus (TSE:3691) E10: 円-56.10 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3691 Digital Plus Inc TSE:3691
54 GF Score
Price 円1,619.00
GF Value 円972.03
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Digital Plus E10?

Digital Plus TSE:3691 +1.00% 54 E10 is 円-56.10 as of Mar. 2026. GuruFocus rates TSE:3691 with a GF Score™ of 54/100 and a GF Value™ of 円972.03 (Significantly Overvalued). The stock has 9 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.

Digital Plus's adjusted earnings per share data for the three months ended in Mar. 2026 was 円-12.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円-56.10 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -14.20% 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 Digital Plus was -14.20% per year. The lowest was -14.20% per year. And the median was -14.20% per year.

As of today (2026-07-15), Digital Plus's current stock price is 円1619.00. Digital Plus's E10 for the quarter that ended in Mar. 2026 was 円-56.10. Digital Plus's Shiller PE Ratio of today is .


Digital Plus  (TSE:3691) 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.


Be Aware

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


Digital Plus E10 Related Terms


Digital Plus E10 Historical Data

* Premium members only.

The historical data trend for Digital Plus'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.

Digital Plus E10 Chart

Digital Plus Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -50.52 -52.91

Digital Plus Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 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 -54.82 -52.91 -54.22 -56.10

TSE:3691 vs GOOGL, META, SPOT: E10 Comparison

For the Internet Content & Information subindustry, Digital Plus'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.


Digital Plus Shiller PE Ratio vs Interactive Media Industry

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

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


TSE:3691
54GF Score
Digital Plus Inc TSE:3691
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Digital Plus 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, Digital Plus'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)
=-12.91/112.7000*112.7000
=-12.910

Current CPI (Mar. 2026) = 112.7000.

Digital Plus Quarterly Data

per share eps CPI Adj_EPS
201603 20.280 97.900 23.346
201606 10.470 98.100 12.028
201609 -69.810 98.000 -80.282
201612 1.090 98.400 1.248
201703 -0.470 98.100 -0.540
201706 -25.110 98.500 -28.730
201709 -37.990 98.800 -43.335
201712 -35.590 99.400 -40.352
201803 -13.790 99.200 -15.667
201806 -18.475 99.200 -20.989
201809 -28.400 99.900 -32.039
201812 -38.670 99.700 -43.712
201903 150.200 99.700 169.785
201906 -35.550 99.800 -40.145
201909 -83.383 100.100 -93.879
201912 -12.670 100.500 -14.208
202003 -25.053 100.300 -28.150
202006 -34.462 99.900 -38.878
202009 -80.290 99.900 -90.577
202012 29.920 99.300 33.958
202103 -9.950 99.900 -11.225
202106 -3.500 99.500 -3.964
202109 -6.920 100.100 -7.791
202112 1.960 100.100 2.207
202203 2.540 101.100 2.831
202206 -3.030 101.800 -3.354
202209 -57.210 103.100 -62.537
202212 -16.710 104.100 -18.090
202303 -10.590 104.400 -11.432
202306 -12.750 105.200 -13.659
202309 -36.380 106.200 -38.607
202312 3.180 106.800 3.356
202403 0.530 107.200 0.557
202406 3.240 108.200 3.375
202409 -0.680 108.900 -0.704
202503 0.000 111.100 0.000
202506 -13.200 111.700 -13.318
202509 6.950 112.000 6.993
202512 2.410 113.000 2.404
202603 -12.910 112.700 -12.910

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-56.10 mean?
Digital Plus (TSE:3691) has a E10 of 円-56.10 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Digital Plus and its competitors.
Is Digital Plus' E10 too high?
Digital Plus' current E10 is 円-56.10. Overall, Digital Plus has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Plus' E10 compare to GOOGL and META?
Digital Plus' E10 of 円-56.10 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 Digital Plus and its competitors. Digital Plus's current E10 is 円-56.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Plus stock overvalued right now?
Based on GuruFocus' analysis, Digital Plus (TSE:3691) is currently considered Significantly Overvalued. The stock's GF Value™ is 円972.03, compared to a current price of 円1,619.00 — trading 66.6% above its estimated fair value. The current E10 is 円-56.10. Digital Plus' overall GF Score™ is 54/100 with 9 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 Digital Plus (TSE:3691), the current E10 is 円-56.10 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 Digital Plus (TSE:3691) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Plus stock appears to be overvalued. The current stock price of 円1,619.00 is trading 66.6% above its estimated GF Value™ of 円972.03. GuruFocus considers Digital Plus to be Significantly Overvalued.

Key valuation signals for TSE:3691:

  • E10: 円-56.10
  • GF Value™: 円972.03 vs. price of 円1,619.00 (66.6% above fair value)
  • GF Score™: 54/100 with 9 warning signs

No single metric tells the full story. See the TSE:3691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Digital Plus Business Description

Address 30-13 Motoyoyogi-cho, Tokyo ONEST Motoyoyogi Square, Shibuya-ku, JPN, 151-0062
Digital Plus Inc formerly Realworld Inc provides crowd sourcing services. The Company also offers cloud media and point exchange services. The Group is comprises of service segments based on business divisions that provide different services, with two reportable segments being the Digital Marketing Business and the FinTech Business. Digital marketing segments manages advertising agency, solution development and sales, consulting services Owned media management and alliance media management. The Fintech includes operation of Digital wallet, application of new technologies such as the blockchain used in Bitcoin, business development in the financial field such as investment, factoring.
54GF Score

Get the complete analysis for TSE:3691

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

円1,619.00
Price
円972.03
GF Value