Gumi (TSE:3903) E10: 円-17.35 (As of Apr. 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:3903 Gumi Inc TSE:3903
54 GF Score
Price 円253.00
GF Value 円243.05
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Gumi E10?

Gumi TSE:3903 +2.85% 54 E10 is 円-17.35 as of Apr. 2026. GuruFocus rates TSE:3903 with a GF Score™ of 54/100 and a GF Value™ of 円243.05 (Fairly Valued). The stock has 3 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.

Gumi's adjusted earnings per share data for the three months ended in Apr. 2026 was 円-7.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円-17.35 for the trailing ten years ended in Apr. 2026.

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.

As of today (2026-08-02), Gumi's current stock price is 円253.00. Gumi's E10 for the quarter that ended in Apr. 2026 was 円-17.35. Gumi's Shiller PE Ratio of today is .


Gumi  (TSE:3903) 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.


Be Aware

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


Gumi E10 Related Terms


Gumi E10 Historical Data

* Premium members only.

The historical data trend for Gumi'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.

Gumi E10 Chart

Gumi Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -34.65 -32.59 -17.35

Gumi Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -32.59 -27.76 -23.36 -21.08 -17.35

TSE:3903 vs NTES, EA, TTWO: E10 Comparison

For the Electronic Gaming & Multimedia subindustry, Gumi'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.


Gumi Shiller PE Ratio vs Interactive Media Industry

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

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


TSE:3903
54GF Score
Gumi Inc TSE:3903
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gumi 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, Gumi's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=-7.78/113.0000*113.0000
=-7.780

Current CPI (Apr. 2026) = 113.0000.

Gumi Quarterly Data

per share eps CPI Adj_EPS
201607 1.100 97.900 1.270
201610 16.930 98.600 19.403
201701 18.540 98.200 21.334
201704 9.720 98.500 11.151
201707 3.250 98.300 3.736
201710 2.990 98.800 3.420
201801 22.030 99.500 25.019
201804 -9.570 99.100 -10.912
201807 2.510 99.200 2.859
201810 -16.900 100.200 -19.059
201901 3.104 99.700 3.518
201904 -45.950 100.000 -51.924
201907 -5.700 99.800 -6.454
201910 4.597 100.400 5.174
202001 15.335 100.500 17.242
202004 43.490 100.200 49.046
202007 29.520 100.000 33.358
202010 3.380 99.800 3.827
202101 19.360 99.800 21.921
202104 7.470 99.100 8.518
202107 -53.620 99.700 -60.773
202110 -94.820 99.900 -107.254
202201 -26.720 100.300 -30.103
202204 -39.300 101.500 -43.753
202207 -19.540 102.300 -21.584
202210 17.624 103.700 19.205
202301 7.069 104.700 7.629
202304 5.740 105.100 6.171
202307 -19.380 105.700 -20.718
202310 -16.810 107.100 -17.736
202401 8.254 106.900 8.725
202404 -122.120 107.700 -128.130
202407 -4.050 108.600 -4.214
202410 17.170 109.500 17.719
202501 18.860 111.200 19.165
202504 11.250 111.500 11.401
202507 25.070 111.900 25.316
202510 1.960 112.800 1.963
202601 8.760 112.900 8.768
202604 -7.780 113.000 -7.780

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-17.35 mean?
Gumi (TSE:3903) has a E10 of 円-17.35 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gumi and its competitors.
Is Gumi's E10 too high?
Gumi's current E10 is 円-17.35. Overall, Gumi has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gumi's E10 compare to NTES and EA?
Gumi's E10 of 円-17.35 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 Gumi and its competitors. Gumi's current E10 is 円-17.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gumi stock overvalued right now?
Based on GuruFocus' analysis, Gumi (TSE:3903) is currently considered Fairly Valued. The stock's GF Value™ is 円243.05, compared to a current price of 円253.00 — trading 4.1% above its estimated fair value. The current E10 is 円-17.35. Gumi's overall GF Score™ is 54/100 with 3 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 Gumi (TSE:3903), the current E10 is 円-17.35 as of Apr. 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 Gumi (TSE:3903) Overvalued in 2026?

Based on GuruFocus' analysis, Gumi stock appears to be overvalued. The current stock price of 円253.00 is trading 4.1% above its estimated GF Value™ of 円243.05. GuruFocus considers Gumi to be Fairly Valued.

Key valuation signals for TSE:3903:

  • E10: 円-17.35
  • GF Value™: 円243.05 vs. price of 円253.00 (4.1% above fair value)
  • GF Score™: 54/100 with 3 warning signs

No single metric tells the full story. See the TSE:3903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gumi Business Description

Other Exchanges 1G9:Germany
Address Nishi-Shinjuku 4-34-7, 3rd floor, Sumitomo Fudosan Nishi-Shinjuku Building No. 5, Shinjuku-ku, Tokyo, JPN, 160-0023
Gumi Inc is an entertainment company, which develops, operates, and distributes online games for smartphones and tablets. It provides native application services, game contents can be downloaded from apple store without browser; browser game services, game can be played on the mobile terminal browser, as well as publishing services, in which the company performs localization of game content developed by third parties and then sell them through its various sales channels. In addition, the firm offers VR (Virtual Reality) services.
54GF Score

Get the complete analysis for TSE:3903

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

円253.00
Price
円243.05
GF Value