CHieru Co (TSE:3933) E10: 円43.68 (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.
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:3933 CHieru Co Ltd TSE:3933
62 GF Score
Price 円487.00
GF Value 円1,394.06
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is CHieru Co E10?

CHieru Co TSE:3933 62 E10 is 円43.68 as of Mar. 2026. GuruFocus rates TSE:3933 with a GF Score™ of 62/100 and a GF Value™ of 円1,394.06 (Significantly Undervalued). The stock has 4 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.

CHieru Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円43.580. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円43.68 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CHieru Co's average E10 Growth Rate was 19.10% 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.

As of today (2026-07-16), CHieru Co's current stock price is 円487.00. CHieru Co's E10 for the quarter that ended in Mar. 2026 was 円43.68. CHieru Co's Shiller PE Ratio of today is 11.15.

During the past 12 years, the highest Shiller PE Ratio of CHieru Co was 20.98. The lowest was 9.84. And the median was 17.28.


CHieru Co  (TSE:3933) 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.

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

Shiller PE Ratio=Share Price/E10
=487.00/43.68
=11.15

* 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 12 years, the highest Shiller P/E Ratio of CHieru Co was 20.98. The lowest was 9.84. And the median was 17.28.


Be Aware

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


CHieru Co E10 Related Terms


CHieru Co E10 Historical Data

* Premium members only.

The historical data trend for CHieru 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.

CHieru Co E10 Chart

CHieru 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 0.00 0.00 0.00 0.00 43.68

CHieru Co 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 0.00 0.00 40.26 43.68

TSE:3933 vs UBER, SHOP, CRM: E10 Comparison

For the Software - Application subindustry, CHieru 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.


CHieru Co Shiller PE Ratio vs Software Industry

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

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


TSE:3933
62GF Score
CHieru Co Ltd TSE:3933
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CHieru 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, CHieru Co'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)
=43.58/112.7000*112.7000
=43.580

Current CPI (Mar. 2026) = 112.7000.

CHieru Co Quarterly Data

per share eps CPI Adj_EPS
201603 0.000 97.900 0.000
201606 -12.170 98.100 -13.981
201609 19.460 98.000 22.379
201612 -6.590 98.400 -7.548
201703 19.355 98.100 22.236
201706 -1.935 98.500 -2.214
201709 15.129 98.800 17.257
201712 -3.810 99.400 -4.320
201803 14.175 99.200 16.104
201806 -14.315 99.200 -16.263
201809 -5.455 99.900 -6.154
201812 -14.055 99.700 -15.888
201903 35.200 99.700 39.790
201906 -10.685 99.800 -12.066
201909 23.639 100.100 26.615
201912 -11.040 100.500 -12.380
202003 18.050 100.300 20.282
202006 -2.480 99.900 -2.798
202009 14.939 99.900 16.853
202012 8.640 99.300 9.806
202103 25.460 99.900 28.722
202106 19.750 99.500 22.370
202109 16.750 100.100 18.858
202112 11.970 100.100 13.477
202203 13.160 101.100 14.670
202206 24.050 101.800 26.625
202209 11.780 103.100 12.877
202212 3.820 104.100 4.136
202303 16.700 104.400 18.028
202306 17.780 105.200 19.048
202309 16.380 106.200 17.383
202312 7.730 106.800 8.157
202403 4.870 107.200 5.120
202406 4.880 108.200 5.083
202409 14.090 108.900 14.582
202503 0.000 111.100 0.000
202506 0.780 111.700 0.787
202509 29.610 112.000 29.795
202512 14.010 113.000 13.973
202603 43.580 112.700 43.580

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43.68 mean?
CHieru Co (TSE:3933) has a E10 of 円43.68 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CHieru Co and its competitors.
Is CHieru Co's E10 too high?
CHieru Co's current E10 is 円43.68. Overall, CHieru Co has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CHieru Co's E10 compare to UBER and SHOP?
CHieru Co's E10 of 円43.68 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 CHieru Co and its competitors. CHieru Co's current E10 is 円43.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CHieru Co stock overvalued right now?
Based on GuruFocus' analysis, CHieru Co (TSE:3933) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,394.06, compared to a current price of 円487.00 — trading 65.1% below its estimated fair value. The current E10 is 円43.68. CHieru Co's overall GF Score™ is 62/100 with 4 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 CHieru Co (TSE:3933), the current E10 is 円43.68 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 CHieru Co (TSE:3933) Overvalued in 2026?

Based on GuruFocus' analysis, CHieru Co stock appears to be undervalued. The current stock price of 円487.00 is trading 65.1% below its estimated GF Value™ of 円1,394.06. GuruFocus considers CHieru Co to be Significantly Undervalued.

Key valuation signals for TSE:3933:

  • E10: 円43.68
  • GF Value™: 円1,394.06 vs. price of 円487.00 (65.1% below fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the TSE:3933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CHieru Co Business Description

Address 2-2-24, Higashi-shinagawa, Tennozu Central Tower 3F, Shinagawa-ku, Tokyo, JPN, 140-0002
CHieru Co Ltd is a Japanese firm which provides information and communication technology environments for teaching and learning in schools. It offers services including software and system products, teaching and learning resources and strategic consulting for school ICT environment. Its solutions include CaLabo EX, CaLabo LX, CaLabo TX, interclass cloud.
62GF Score

Get the complete analysis for TSE:3933

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

円487.00
Price
円1,394.06
GF Value