Mitsubishi Paper Mills (TSE:3864) E10: 円0.00 (As of Mar. 2026)


TSE:3864 Mitsubishi Paper Mills Ltd TSE:3864
43 GF Score
Price 円1,015.00
GF Value 円510.09
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Mitsubishi Paper Mills E10?

Mitsubishi Paper Mills TSE:3864 -2.31% 43 E10 is 円0.00 as of Mar. 2026. GuruFocus rates TSE:3864 with a GF Score™ of 43/100 and a GF Value™ of 円510.09 (Significantly Overvalued). The stock has 8 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.

Mitsubishi Paper Mills's adjusted earnings per share data for the three months ended in Mar. 2026 was 円90.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mitsubishi Paper Mills's average E10 Growth Rate was -100.00% 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 Mitsubishi Paper Mills was 53.80% per year. The lowest was 10.00% per year. And the median was 12.40% per year.

As of today (2026-06-30), Mitsubishi Paper Mills's current stock price is 円1015.00. Mitsubishi Paper Mills's E10 for the quarter that ended in Mar. 2026 was 円0.00. Mitsubishi Paper Mills's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Mitsubishi Paper Mills was 284.40. The lowest was 12.16. And the median was 29.42.


Mitsubishi Paper Mills  (TSE:3864) 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.

During the past 13 years, the highest Shiller P/E Ratio of Mitsubishi Paper Mills was 284.40. The lowest was 12.16. And the median was 29.42.


Be Aware

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


Mitsubishi Paper Mills E10 Related Terms


Mitsubishi Paper Mills E10 Historical Data

* Premium members only.

The historical data trend for Mitsubishi Paper Mills'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.

Mitsubishi Paper Mills E10 Chart

Mitsubishi Paper Mills 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 10.15 3.59 12.38 36.94 0.00

Mitsubishi Paper Mills Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 36.94 40.36 36.02 29.58 0.00

Mitsubishi Paper Mills E10 Competitor Comparison

For the Paper & Paper Products subindustry, Mitsubishi Paper Mills'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.


Mitsubishi Paper Mills Shiller PE Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mitsubishi Paper Mills's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mitsubishi Paper Mills's Shiller PE Ratio falls into.


TSE:3864
43GF Score
Mitsubishi Paper Mills Ltd TSE:3864
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsubishi Paper Mills 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, Mitsubishi Paper Mills'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)
=90.08/112.7000*112.7000
=90.080

Current CPI (Mar. 2026) = 112.7000.

Mitsubishi Paper Mills Quarterly Data

per share eps CPI Adj_EPS
201606 -33.230 98.100 -38.176
201609 24.620 98.000 28.313
201612 37.502 98.400 42.952
201703 4.798 98.100 5.512
201706 -23.030 98.500 -26.350
201709 10.795 98.800 12.314
201712 3.820 99.400 4.331
201803 101.958 99.200 115.833
201806 -47.260 99.200 -53.692
201809 13.260 99.900 14.959
201812 -52.310 99.700 -59.131
201903 73.890 99.700 83.525
201906 -26.460 99.800 -29.880
201909 28.526 100.100 32.117
201912 -15.540 100.500 -17.426
202003 31.371 100.300 35.249
202006 -37.210 99.900 -41.978
202009 -15.764 99.900 -17.784
202012 -19.600 99.300 -22.245
202103 15.840 99.900 17.870
202106 -26.010 99.500 -29.461
202109 31.730 100.100 35.724
202112 4.165 100.100 4.689
202203 14.700 101.100 16.387
202206 -12.530 101.800 -13.872
202209 6.020 103.100 6.581
202212 -102.510 104.100 -110.979
202303 96.050 104.400 103.686
202306 20.960 105.200 22.454
202309 16.482 106.200 17.491
202312 -47.960 106.800 -50.609
202403 105.708 107.200 111.131
202406 -0.540 108.200 -0.562
202409 -4.770 108.900 -4.936
202412 60.120 110.700 61.206
202503 44.320 111.100 44.958
202506 -30.040 111.700 -30.309
202509 0.820 112.000 0.825
202512 -17.490 113.000 -17.444
202603 90.080 112.700 90.080

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0.00 mean?
Mitsubishi Paper Mills (TSE:3864) has a E10 of 円0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mitsubishi Paper Mills and its competitors.
Is Mitsubishi Paper Mills' E10 too high?
Mitsubishi Paper Mills' current E10 is 円0.00. Overall, Mitsubishi Paper Mills has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Paper Mills' E10 compare to competitors?
Mitsubishi Paper Mills' E10 of 円0.00 can be compared against companies in the Forest Products 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 Forest Products company?
A good E10 depends on the Forest Products 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 Mitsubishi Paper Mills and its competitors. Mitsubishi Paper Mills's current E10 is 円0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Paper Mills (TSE:3864) is currently considered Significantly Overvalued. The stock's GF Value™ is 円510.09, compared to a current price of 円1,015.00 — trading 99% above its estimated fair value. The current E10 is 円0.00. Mitsubishi Paper Mills' overall GF Score™ is 43/100 with 8 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 Mitsubishi Paper Mills (TSE:3864), the current E10 is 円0.00 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 Mitsubishi Paper Mills (TSE:3864) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Paper Mills stock appears to be overvalued. The current stock price of 円1,015.00 is trading 99% above its estimated GF Value™ of 円510.09. GuruFocus considers Mitsubishi Paper Mills to be Significantly Overvalued.

Key valuation signals for TSE:3864:

  • E10: 円0.00
  • GF Value™: 円510.09 vs. price of 円1,015.00 (99% above fair value)
  • GF Score™: 43/100 with 8 warning signs

No single metric tells the full story. See the TSE:3864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Paper Mills Business Description

Address 2-10-14 Ryogoku, Sumida-ku, Tokyo, JPN, 130-0026
Mitsubishi Paper Mills Ltd is a paper and paper manufacturing company. The company manufactures printing paper, printing plate materials and printing systems supporting offset and other printing. Its segments consist of Paper and Pulp, Imaging Media, Speciality Materials and Warehouse and Transportation. The company generates maximum revenue from the Paper and Pulp segment. Its offers graphic arts material; photographic materials; inkjet media; thermo memory; battery separator; air filter and others. Geographically, it derives a majority of revenue from Japan and also has a presence in Europe; Asia; North America and Other Countries.
43GF Score

Get the complete analysis for TSE:3864

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

円1,015.00
Price
円510.09
GF Value