SRA Holdings (TSE:3817) E10: 円219.77 (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:3817 SRA Holdings Inc TSE:3817
82 GF Score
Price 円4,770.00
GF Value 円4,755.28
Valuation Fairly Valued
View Full Analysis

What is SRA Holdings E10?

SRA Holdings TSE:3817 -2.45% 82 E10 is 円219.77 as of Mar. 2026. GuruFocus rates TSE:3817 with a GF Score™ of 82/100 and a GF Value™ of 円4,755.28 (Fairly Valued).

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.

SRA Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was 円117.190. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円219.77 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 12.80% 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 SRA Holdings was 12.80% per year. The lowest was 0.30% per year. And the median was 8.70% per year.

As of today (2026-08-17), SRA Holdings's current stock price is 円4770.00. SRA Holdings's E10 for the quarter that ended in Mar. 2026 was 円219.77. SRA Holdings's Shiller PE Ratio of today is 21.70.

During the past 13 years, the highest Shiller PE Ratio of SRA Holdings was 26.94. The lowest was 15.95. And the median was 20.23.


SRA Holdings  (TSE:3817) 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.

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

Shiller PE Ratio=Share Price/E10
=4770.00/219.77
=21.70

* 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 SRA Holdings was 26.94. The lowest was 15.95. And the median was 20.23.


Be Aware

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


SRA Holdings E10 Related Terms


SRA Holdings E10 Historical Data

* Premium members only.

The historical data trend for SRA 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.

SRA Holdings E10 Chart

SRA Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 154.73 153.06 175.39 0.00 219.77

SRA Holdings 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 0.00 198.03 205.94 215.26 219.77

TSE:3817 vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, SRA 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.


SRA Holdings Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, SRA Holdings's Shiller PE Ratio distribution charts can be found below:

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


TSE:3817
82GF Score
SRA Holdings Inc TSE:3817
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SRA 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, SRA 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)
=117.19/112.7000*112.7000
=117.190

Current CPI (Mar. 2026) = 112.7000.

SRA Holdings Quarterly Data

per share eps CPI Adj_EPS
201603 -101.160 97.900 -116.453
201606 26.960 98.100 30.972
201609 49.690 98.000 57.144
201612 85.130 98.400 97.502
201703 55.100 98.100 63.300
201706 35.000 98.500 40.046
201709 58.870 98.800 67.152
201712 -37.370 99.400 -42.370
201803 110.470 99.200 125.504
201806 40.570 99.200 46.091
201809 28.520 99.900 32.174
201812 53.000 99.700 59.911
201903 41.988 99.700 47.463
201906 4.340 99.800 4.901
201909 -96.030 100.100 -108.118
201912 -15.460 100.500 -17.337
202003 57.469 100.300 64.574
202006 20.650 99.900 23.296
202009 63.770 99.900 71.941
202012 72.030 99.300 81.750
202103 92.648 99.900 104.519
202106 59.690 99.500 67.609
202109 77.247 100.100 86.970
202112 46.830 100.100 52.725
202203 105.970 101.100 118.129
202206 94.250 101.800 104.342
202209 113.200 103.100 123.740
202212 11.560 104.100 12.515
202303 -148.460 104.400 -160.263
202306 115.370 105.200 123.595
202309 115.930 106.200 123.026
202312 57.540 106.800 60.719
202403 77.500 107.200 81.476
202406 127.890 108.200 133.209
202409 35.250 108.900 36.480
202503 0.000 111.100 0.000
202506 89.900 111.700 90.705
202509 110.270 112.000 110.959
202512 125.980 113.000 125.646
202603 117.190 112.700 117.190

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219.77 mean?
SRA Holdings (TSE:3817) has a E10 of 円219.77 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SRA Holdings and its competitors.
Is SRA Holdings' E10 too high?
SRA Holdings' current E10 is 円219.77. Overall, SRA Holdings has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SRA Holdings' E10 compare to IBM and ACN?
SRA Holdings' E10 of 円219.77 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 SRA Holdings and its competitors. SRA Holdings's current E10 is 円219.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SRA Holdings stock overvalued right now?
Based on GuruFocus' analysis, SRA Holdings (TSE:3817) is currently considered Fairly Valued. The stock's GF Value™ is 円4,755.28, compared to a current price of 円4,770.00 — trading 0.3% above its estimated fair value. The current E10 is 円219.77. SRA Holdings' overall GF Score™ is 82/100. 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 SRA Holdings (TSE:3817), the current E10 is 円219.77 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 SRA Holdings (TSE:3817) Overvalued in 2026?

Based on GuruFocus' analysis, SRA Holdings stock appears to be overvalued. The current stock price of 円4,770.00 is trading 0.3% above its estimated GF Value™ of 円4,755.28. GuruFocus considers SRA Holdings to be Fairly Valued.

Key valuation signals for TSE:3817:

  • E10: 円219.77
  • GF Value™: 円4,755.28 vs. price of 円4,770.00 (0.3% above fair value)
  • GF Score™: 82/100

No single metric tells the full story. See the TSE:3817 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SRA Holdings Business Description

Address 2-32-8 Minami-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022
SRA Holdings Inc is an information technology services provider. The company operates through three business areas: systems development, operation/administration services and product solutions marketing. The systems development includes financial IT services, embedded IT services, academic IT services, business systems development and infrastructure development. The operation/administration services include outsourcing services, infrastructure operation services and system operation services. The product solutions marketing includes cloud security, open source software, and development support. The company has an operational presence across Europe, India, China, and Singapore.
82GF Score

Get the complete analysis for TSE:3817

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

円4,770.00
Price
円4,755.28
GF Value