Rengo Co (TSE:3941) E10: 円104.15 (As of Mar. 2026)

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TSE:3941 Rengo Co Ltd TSE:3941
81 GF Score
Price 円1,448.50
GF Value 円1,086.98
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Rengo Co E10?

Rengo Co TSE:3941 +0.91% 81 E10 is 円104.15 as of Mar. 2026. GuruFocus rates TSE:3941 with a GF Score™ of 81/100 and a GF Value™ of 円1,086.98 (Significantly Overvalued). The stock has 9 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.

Rengo Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円-36.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円104.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Rengo Co's average E10 Growth Rate was 5.40% per year. During the past 3 years, the average E10 Growth Rate was 12.80% per year. During the past 5 years, the average E10 Growth Rate was 12.70% 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 Rengo Co was 13.90% per year. The lowest was 11.10% per year. And the median was 13.10% per year.

As of today (2026-07-16), Rengo Co's current stock price is 円1448.50. Rengo Co's E10 for the quarter that ended in Mar. 2026 was 円104.15. Rengo Co's Shiller PE Ratio of today is 13.91.

During the past 13 years, the highest Shiller PE Ratio of Rengo Co was 23.88. The lowest was 7.38. And the median was 13.68.


Rengo Co  (TSE:3941) 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.

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

Shiller PE Ratio=Share Price/E10
=1448.50/104.15
=13.91

* 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 Rengo Co was 23.88. The lowest was 7.38. And the median was 13.68.


Be Aware

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


Rengo Co E10 Related Terms


Rengo Co E10 Historical Data

* Premium members only.

The historical data trend for Rengo 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.

Rengo Co E10 Chart

Rengo 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 67.73 72.66 86.37 98.80 104.15

Rengo Co 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 98.80 101.08 102.44 109.48 104.15

TSE:3941 vs SW, PKG, IP: E10 Comparison

For the Packaging & Containers subindustry, Rengo 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.


Rengo Co Shiller PE Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Rengo Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:3941
81GF Score
Rengo Co Ltd TSE:3941
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rengo 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, Rengo 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)
=-36.8/112.7000*112.7000
=-36.800

Current CPI (Mar. 2026) = 112.7000.

Rengo Co Quarterly Data

per share eps CPI Adj_EPS
201606 18.190 98.100 20.897
201609 17.063 98.000 19.622
201612 24.200 98.400 27.717
201703 -3.421 98.100 -3.930
201706 13.860 98.500 15.858
201709 2.298 98.800 2.621
201712 21.559 99.400 24.444
201803 29.415 99.200 33.418
201806 26.540 99.200 30.152
201809 18.207 99.900 20.540
201812 15.270 99.700 17.261
201903 9.300 99.700 10.513
201906 32.280 99.800 36.452
201909 27.810 100.100 31.311
201912 40.866 100.500 45.827
202003 11.280 100.300 12.675
202006 28.060 99.900 31.655
202009 24.380 99.900 27.504
202012 40.940 99.300 46.465
202103 22.130 99.900 24.965
202106 49.790 99.500 56.395
202109 27.260 100.100 30.691
202112 27.400 100.100 30.849
202203 9.381 101.100 10.457
202206 26.260 101.800 29.072
202209 22.360 103.100 24.442
202212 21.890 104.100 23.698
202303 11.958 104.400 12.909
202306 38.840 105.200 41.609
202309 35.480 106.200 37.652
202312 58.829 106.800 62.079
202403 0.178 107.200 0.187
202406 56.490 108.200 58.839
202409 19.710 108.900 20.398
202412 30.140 110.700 30.685
202503 10.600 111.100 10.753
202506 24.220 111.700 24.437
202509 20.280 112.000 20.407
202512 77.000 113.000 76.796
202603 -36.800 112.700 -36.800

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104.15 mean?
Rengo Co (TSE:3941) has a E10 of 円104.15 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Rengo Co and its competitors.
Is Rengo Co's E10 too high?
Rengo Co's current E10 is 円104.15. Overall, Rengo Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rengo Co's E10 compare to SW and PKG?
Rengo Co's E10 of 円104.15 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good E10 depends on the Packaging & Containers 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 Rengo Co and its competitors. Rengo Co's current E10 is 円104.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rengo Co stock overvalued right now?
Based on GuruFocus' analysis, Rengo Co (TSE:3941) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,086.98, compared to a current price of 円1,448.50 — trading 33.3% above its estimated fair value. The current E10 is 円104.15. Rengo Co's overall GF Score™ is 81/100 with 9 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 Rengo Co (TSE:3941), the current E10 is 円104.15 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 Rengo Co (TSE:3941) Overvalued in 2026?

Based on GuruFocus' analysis, Rengo Co stock appears to be overvalued. The current stock price of 円1,448.50 is trading 33.3% above its estimated GF Value™ of 円1,086.98. GuruFocus considers Rengo Co to be Significantly Overvalued.

Key valuation signals for TSE:3941:

  • E10: 円104.15
  • GF Value™: 円1,086.98 vs. price of 円1,448.50 (33.3% above fair value)
  • GF Score™: 81/100 with 9 warning signs

No single metric tells the full story. See the TSE:3941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rengo Co Business Description

Address 2-2-7 Nakanoshima Kita-ku, Osaka, JPN, 530-0005
Rengo Co Ltd manufactures and sells a variety of packaging products. The firm organizes itself into four segments based on product type. The paperboard and packaging segment, which generates the majority of revenue, sells corrugated packaging and boxes used to package food and agricultural products. The flexible packaging segment sells films, labels, and cellophane mainly used for food and beverage packaging. The heavy duty packaging segment sells plastic and paper container bags used by the agricultural, transportation, and chemicals industries. The overseas business sells packaging products outside of Japan. The majority of revenue comes from Japan.
81GF Score

Get the complete analysis for TSE:3941

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

円1,448.50
Price
円1,086.98
GF Value