Asteria (TSE:3853) E10: 円9.37 (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:3853 Asteria Corp TSE:3853
63 GF Score
Price 円1,153.00
GF Value 円788.14
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Asteria E10?

Asteria TSE:3853 -1.79% 63 E10 is 円9.37 as of Mar. 2026. GuruFocus rates TSE:3853 with a GF Score™ of 63/100 and a GF Value™ of 円788.14 (Significantly Overvalued). The stock has 1 warning sign 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.

Asteria's adjusted earnings per share data for the three months ended in Mar. 2026 was 円3.550. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円9.37 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -16.50% 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 Asteria was 37.70% per year. The lowest was -24.10% per year. And the median was 13.70% per year.

As of today (2026-08-18), Asteria's current stock price is 円1153.00. Asteria's E10 for the quarter that ended in Mar. 2026 was 円9.37. Asteria's Shiller PE Ratio of today is 123.05.

During the past 13 years, the highest Shiller PE Ratio of Asteria was 310.39. The lowest was 15.59. And the median was 102.24.


Asteria  (TSE:3853) 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.

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

Shiller PE Ratio=Share Price/E10
=1153.00/9.37
=123.05

* 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 Asteria was 310.39. The lowest was 15.59. And the median was 102.24.


Be Aware

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


Asteria E10 Related Terms


Asteria E10 Historical Data

* Premium members only.

The historical data trend for Asteria'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.

Asteria E10 Chart

Asteria 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 25.26 16.07 4.88 0.00 9.37

Asteria 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 5.97 7.21 9.19 9.37

TSE:3853 vs QH, SHOP, UBER: E10 Comparison

For the Software - Application subindustry, Asteria'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.


Asteria Shiller PE Ratio vs Software Industry

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

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


TSE:3853
63GF Score
Asteria Corp TSE:3853
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asteria 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, Asteria'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)
=3.55/112.7000*112.7000
=3.550

Current CPI (Mar. 2026) = 112.7000.

Asteria Quarterly Data

per share eps CPI Adj_EPS
201603 7.450 97.900 8.576
201606 0.825 98.100 0.948
201609 5.108 98.000 5.874
201612 3.419 98.400 3.916
201703 6.166 98.100 7.084
201706 4.070 98.500 4.657
201709 3.800 98.800 4.335
201712 2.990 99.400 3.390
201803 1.000 99.200 1.136
201806 5.240 99.200 5.953
201809 -5.080 99.900 -5.731
201812 5.540 99.700 6.262
201903 10.110 99.700 11.428
201906 -4.310 99.800 -4.867
201909 4.540 100.100 5.111
201912 -1.480 100.500 -1.660
202003 -9.550 100.300 -10.731
202006 6.950 99.900 7.840
202009 7.510 99.900 8.472
202012 3.370 99.300 3.825
202103 31.190 99.900 35.186
202106 4.720 99.500 5.346
202109 29.210 100.100 32.887
202112 7.380 100.100 8.309
202203 111.120 101.100 123.870
202206 13.760 101.800 15.233
202209 185.830 103.100 203.133
202212 -143.700 104.100 -155.571
202303 -155.510 104.400 -167.873
202306 -80.550 105.200 -86.293
202309 -38.350 106.200 -40.697
202312 -15.910 106.800 -16.789
202403 26.970 107.200 28.354
202406 -6.240 108.200 -6.500
202409 -1.250 108.900 -1.294
202503 0.000 111.100 0.000
202506 13.950 111.700 14.075
202509 11.280 112.000 11.351
202512 19.360 113.000 19.309
202603 3.550 112.700 3.550

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9.37 mean?
Asteria (TSE:3853) has a E10 of 円9.37 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Asteria and its competitors.
Is Asteria's E10 too high?
Asteria's current E10 is 円9.37. Overall, Asteria has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asteria's E10 compare to QH and SHOP?
Asteria's E10 of 円9.37 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 Asteria and its competitors. Asteria's current E10 is 円9.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asteria stock overvalued right now?
Based on GuruFocus' analysis, Asteria (TSE:3853) is currently considered Significantly Overvalued. The stock's GF Value™ is 円788.14, compared to a current price of 円1,153.00 — trading 46.3% above its estimated fair value. The current E10 is 円9.37. Asteria's overall GF Score™ is 63/100 with 1 warning sign 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 Asteria (TSE:3853), the current E10 is 円9.37 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 Asteria (TSE:3853) Overvalued in 2026?

Based on GuruFocus' analysis, Asteria stock appears to be overvalued. The current stock price of 円1,153.00 is trading 46.3% above its estimated GF Value™ of 円788.14. GuruFocus considers Asteria to be Significantly Overvalued.

Key valuation signals for TSE:3853:

  • E10: 円9.37
  • GF Value™: 円788.14 vs. price of 円1,153.00 (46.3% above fair value)
  • GF Score™: 63/100 with 1 warning sign

No single metric tells the full story. See the TSE:3853 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asteria Business Description

Address 1-47-1 Oi, 10th Floor, NT Building, Tokyo, JPN, 140-0014
Asteria Corp is engaged in the business to develop and sell software products. The product line consists of Handbooks, Gravio, and Platio. It also offers a wide range of digital services.
63GF Score

Get the complete analysis for TSE:3853

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

円1,153.00
Price
円788.14
GF Value