FreeBit Co (TSE:3843) E10: 円52.20 (As of Oct. 2025)

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.
Reviewed by: Charlie Tian Charlie Tian
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:3843 FreeBit Co Ltd TSE:3843
79 GF Score
Price 円1,600.00
GF Value 円1,485.02
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is FreeBit Co E10?

FreeBit Co TSE:3843 79 E10 is 円52.20 as of Oct. 2025. GuruFocus rates TSE:3843 with a GF Score™ of 79/100 and a GF Value™ of 円1,485.02 (Fairly Valued). The stock has 5 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.

FreeBit Co's adjusted earnings per share data for the three months ended in Oct. 2025 was 円54.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円52.20 for the trailing ten years ended in Oct. 2025.

During the past 12 months, FreeBit Co's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 51.60% 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 FreeBit Co was 54.70% per year. The lowest was -8.70% per year. And the median was 39.05% per year.

As of today (2026-07-15), FreeBit Co's current stock price is 円1600.00. FreeBit Co's E10 for the quarter that ended in Oct. 2025 was 円52.20. FreeBit Co's Shiller PE Ratio of today is 30.65.

During the past 13 years, the highest Shiller PE Ratio of FreeBit Co was 179.03. The lowest was 26.18. And the median was 60.49.


FreeBit Co  (TSE:3843) 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.

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

Shiller PE Ratio=Share Price/E10
=1600.00/52.20
=30.65

* 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 FreeBit Co was 179.03. The lowest was 26.18. And the median was 60.49.


Be Aware

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


FreeBit Co E10 Related Terms


FreeBit Co E10 Historical Data

* Premium members only.

The historical data trend for FreeBit 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.

FreeBit Co E10 Chart

FreeBit Co Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.40 15.91 25.99 43.10 0.00

FreeBit Co Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25
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 43.10 0.00 0.00 47.35 52.20

TSE:3843 vs GOOGL, META, SPOT: E10 Comparison

For the Internet Content & Information subindustry, FreeBit 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.


FreeBit Co Shiller PE Ratio vs Interactive Media Industry

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

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


TSE:3843
79GF Score
FreeBit Co Ltd TSE:3843
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FreeBit 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, FreeBit Co's adjusted earnings per share data for the three months ended in Oct. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Oct. 2025 (Change)*Current CPI (Oct. 2025)
=54.62/112.8000*112.8000
=54.620

Current CPI (Oct. 2025) = 112.8000.

FreeBit Co Quarterly Data

per share eps CPI Adj_EPS
201507 5.630 98.300 6.460
201510 4.080 98.500 4.672
201601 5.500 97.700 6.350
201604 9.510 98.100 10.935
201607 4.710 97.900 5.427
201610 3.940 98.600 4.507
201701 2.710 98.200 3.113
201704 -18.144 98.500 -20.778
201707 -13.810 98.300 -15.847
201710 -22.533 98.800 -25.726
201801 3.690 99.500 4.183
201804 7.090 99.100 8.070
201807 -6.660 99.200 -7.573
201810 7.080 100.200 7.970
201901 -1.480 99.700 -1.674
201904 13.647 100.000 15.394
201907 -8.140 99.800 -9.200
201910 -0.060 100.400 -0.067
202001 -2.562 100.500 -2.876
202004 -17.344 100.200 -19.525
202007 9.950 100.000 11.224
202010 54.280 99.800 61.351
202101 36.300 99.800 41.028
202104 -27.718 99.100 -31.550
202107 26.830 99.700 30.355
202110 27.470 99.900 31.017
202201 26.280 100.300 29.555
202204 -38.890 101.500 -43.220
202207 16.140 102.300 17.797
202210 28.410 103.700 30.903
202301 42.920 104.700 46.240
202304 6.840 105.100 7.341
202307 42.800 105.700 45.675
202310 55.410 107.100 58.359
202401 44.000 106.900 46.428
202404 34.530 107.700 36.165
202410 0.000 109.500 0.000
202504 0.000 111.500 0.000
202507 48.420 111.900 48.809
202510 54.620 112.800 54.620

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52.20 mean?
FreeBit Co (TSE:3843) has a E10 of 円52.20 as of Oct. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on FreeBit Co and its competitors.
Is FreeBit Co's E10 too high?
FreeBit Co's current E10 is 円52.20. Overall, FreeBit Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does FreeBit Co's E10 compare to GOOGL and META?
FreeBit Co's E10 of 円52.20 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 FreeBit Co and its competitors. FreeBit Co's current E10 is 円52.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FreeBit Co stock overvalued right now?
Based on GuruFocus' analysis, FreeBit Co (TSE:3843) is currently considered Fairly Valued. The stock's GF Value™ is 円1,485.02, compared to a current price of 円1,600.00 — trading 7.7% above its estimated fair value. The current E10 is 円52.20. FreeBit Co's overall GF Score™ is 79/100 with 5 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 FreeBit Co (TSE:3843), the current E10 is 円52.20 as of Oct. 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 FreeBit Co (TSE:3843) Overvalued in 2026?

Based on GuruFocus' analysis, FreeBit Co stock appears to be overvalued. The current stock price of 円1,600.00 is trading 7.7% above its estimated GF Value™ of 円1,485.02. GuruFocus considers FreeBit Co to be Fairly Valued.

Key valuation signals for TSE:3843:

  • E10: 円52.20
  • GF Value™: 円1,485.02 vs. price of 円1,600.00 (7.7% above fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the TSE:3843 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FreeBit Co Business Description

Address 3-6 Maruyamacho, E Space Tower, Shibuya-ku, Tokyo, JPN, 150-0044
FreeBit Co Ltd provides Internet-related services mainly to corporations and individuals, in areas such as development of core Internet technologies and the operation of large-scale systems. The group's reportable segments are 5G infrastructure support business, 5G lifestyle support business, and 5G DX support business for companies and creators. Maximum revenue is generated from the 5G lifestyle support business, which provides mobile communication services for individuals, internet connection services for individuals and collective housing, and company housing management services. The 5G infrastructure support business provides business support services for ISPs, MVNOs (MVNE), and corporations, and the 5G DX support business offers online marketing and ad technology-related services.
79GF Score

Get the complete analysis for TSE:3843

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

円1,600.00
Price
円1,485.02
GF Value