eBASE Co (TSE:3835) E10: 円21.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:3835 eBASE Co Ltd TSE:3835
71 GF Score
Price 円428.00
GF Value 円646.92
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is eBASE Co E10?

eBASE Co TSE:3835 +0.47% 71 E10 is 円21.00 as of Mar. 2026. GuruFocus rates TSE:3835 with a GF Score™ of 71/100 and a GF Value™ of 円646.92 (Significantly Undervalued). The stock has 2 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.

eBASE Co's adjusted earnings per share data for the fiscal year that ended in Mar. 2026 was 円22.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円21.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, eBASE Co's average E10 Growth Rate was 7.10% per year. During the past 3 years, the average E10 Growth Rate was 11.50% per year. During the past 5 years, the average E10 Growth Rate was 12.10% 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 eBASE Co was 19.00% per year. The lowest was 11.50% per year. And the median was 13.40% per year.

As of today (2026-07-15), eBASE Co's current stock price is 円 428.00. eBASE Co's E10 for the fiscal year that ended in Mar. 2026 was 円21.00. eBASE Co's Shiller PE Ratio of today is 20.38.

During the past 13 years, the highest Shiller PE Ratio of eBASE Co was 146.26. The lowest was 18.48. And the median was 48.65.


eBASE Co  (TSE:3835) 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.

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

Shiller PE Ratio=Share Price/E10
=428.00/21.00
=20.38

* 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 eBASE Co was 146.26. The lowest was 18.48. And the median was 48.65.


Be Aware

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


eBASE Co E10 Related Terms


eBASE Co E10 Historical Data

* Premium members only.

The historical data trend for eBASE Co'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.

eBASE Co E10 Chart

eBASE Co 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 13.43 15.13 17.25 19.61 21.00

eBASE Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 17.25 0.00 19.61 0.00 21.00

TSE:3835 vs UBER, SHOP, CRM: E10 Comparison

For the Software - Application subindustry, eBASE Co'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.


eBASE Co Shiller PE Ratio vs Software Industry

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

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


TSE:3835
71GF Score
eBASE Co Ltd TSE:3835
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

eBASE Co 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, eBASE Co's adjusted earnings per share data for the fiscal year that ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=22.98/112.7000*112.7000
=22.980

Current CPI (Mar. 2026) = 112.7000.

eBASE Co Annual Data

per_share_eps CPI Adj_EPS
201703 12.415 98.100 14.263
201803 14.995 99.200 17.036
201903 17.020 99.700 19.239
202003 19.590 100.300 22.012
202103 18.830 99.900 21.243
202203 16.110 101.100 17.958
202303 19.380 104.400 20.921
202403 24.990 107.200 26.272
202503 27.650 111.100 28.048
202603 22.980 112.700 22.980

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21.00 mean?
eBASE Co (TSE:3835) has a E10 of 円21.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on eBASE Co and its competitors.
Is eBASE Co's E10 too high?
eBASE Co's current E10 is 円21.00. Overall, eBASE Co has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does eBASE Co's E10 compare to UBER and SHOP?
eBASE Co's E10 of 円21.00 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 eBASE Co and its competitors. eBASE Co's current E10 is 円21.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eBASE Co stock overvalued right now?
Based on GuruFocus' analysis, eBASE Co (TSE:3835) is currently considered Significantly Undervalued. The stock's GF Value™ is 円646.92, compared to a current price of 円428.00 — trading 33.8% below its estimated fair value. The current E10 is 円21.00. eBASE Co's overall GF Score™ is 71/100 with 2 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 eBASE Co (TSE:3835), the current E10 is 円21.00 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 eBASE Co (TSE:3835) Overvalued in 2026?

Based on GuruFocus' analysis, eBASE Co stock appears to be undervalued. The current stock price of 円428.00 is trading 33.8% below its estimated GF Value™ of 円646.92. GuruFocus considers eBASE Co to be Significantly Undervalued.

Key valuation signals for TSE:3835:

  • E10: 円21.00
  • GF Value™: 円646.92 vs. price of 円428.00 (33.8% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the TSE:3835 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


eBASE Co Business Description

Address 5-chome, 4-9 Toyosaki, Osaka, JPN
eBASE Co Ltd is engaged in the planning, development, sales and maintenance of e BASE series which is a content management software. The solutions provided by the company include food industry solutions, residential industry solutions, printing industry solutions, data pool solution, and sales support solutions.
71GF Score

Get the complete analysis for TSE:3835

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

円428.00
Price
円646.92
GF Value