Furubayashi Shiko Co (TSE:3944) E10: 円294.24 (As of Dec. 2025)


TSE:3944 Furubayashi Shiko Co Ltd TSE:3944
66 GF Score
Price 円2,429.00
GF Value 円2,083.63
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Furubayashi Shiko Co E10?

Furubayashi Shiko Co TSE:3944 +2.06% 66 E10 is 円294.24 as of Dec. 2025. GuruFocus rates TSE:3944 with a GF Score™ of 66/100 and a GF Value™ of 円2,083.63 (Modestly Overvalued). 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.

Furubayashi Shiko Co's adjusted earnings per share data for the three months ended in Dec. 2025 was 円0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円294.24 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Furubayashi Shiko Co's average E10 Growth Rate was 8.20% per year. During the past 3 years, the average E10 Growth Rate was 8.80% per year. During the past 5 years, the average E10 Growth Rate was 10.60% 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 Furubayashi Shiko Co was 14.20% per year. The lowest was 4.90% per year. And the median was 10.40% per year.

As of today (2026-07-11), Furubayashi Shiko Co's current stock price is 円2429.00. Furubayashi Shiko Co's E10 for the quarter that ended in Dec. 2025 was 円294.24. Furubayashi Shiko Co's Shiller PE Ratio of today is 8.26.

During the past 13 years, the highest Shiller PE Ratio of Furubayashi Shiko Co was 23.01. The lowest was 6.70. And the median was 11.37.


Furubayashi Shiko Co  (TSE:3944) 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.

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

Shiller PE Ratio=Share Price/E10
=2429.00/294.24
=8.26

* 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 Furubayashi Shiko Co was 23.01. The lowest was 6.70. And the median was 11.37.


Be Aware

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


Furubayashi Shiko Co E10 Related Terms


Furubayashi Shiko Co E10 Historical Data

* Premium members only.

The historical data trend for Furubayashi Shiko 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.

Furubayashi Shiko Co E10 Chart

Furubayashi Shiko Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 190.73 228.64 259.33 271.85 294.24

Furubayashi Shiko Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.00 0.00 0.00 294.24 0.00

TSE:3944 vs SW, PKG, IP: E10 Comparison

For the Packaging & Containers subindustry, Furubayashi Shiko 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.


Furubayashi Shiko Co Shiller PE Ratio vs Packaging & Containers Industry

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

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


TSE:3944
66GF Score
Furubayashi Shiko Co Ltd TSE:3944
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Furubayashi Shiko 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, Furubayashi Shiko Co's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/113.0000*113.0000
=0.000

Current CPI (Dec. 2025) = 113.0000.

Furubayashi Shiko Co Quarterly Data

per share eps CPI Adj_EPS
201512 101.100 98.100 116.456
201603 23.600 97.900 27.240
201606 70.900 98.100 81.669
201609 56.440 98.000 65.079
201612 153.870 98.400 176.700
201703 34.040 98.100 39.210
201706 129.880 98.500 148.999
201709 41.770 98.800 47.773
201712 162.500 99.400 184.733
201803 37.160 99.200 42.329
201806 104.340 99.200 118.855
201809 72.560 99.900 82.075
201812 188.180 99.700 213.283
201903 48.460 99.700 54.925
201906 217.200 99.800 245.928
201909 163.450 100.100 184.514
201912 96.920 100.500 108.975
202003 93.480 100.300 105.316
202006 -244.770 99.900 -276.867
202009 79.630 99.900 90.072
202012 80.323 99.300 91.405
202103 -32.950 99.900 -37.271
202106 36.205 99.500 41.117
202109 34.130 100.100 38.528
202112 85.250 100.100 96.236
202203 58.300 101.100 65.162
202206 -18.110 101.800 -20.102
202209 141.200 103.100 154.758
202212 117.430 104.100 127.470
202303 96.180 104.400 104.103
202306 159.350 105.200 171.165
202309 100.500 106.200 106.935
202312 40.690 106.800 43.052
202403 -39.820 107.200 -41.974
202406 141.701 108.200 147.987
202412 0.000 110.700 0.000
202503 115.050 111.100 117.018
202506 89.150 111.700 90.188
202509 0.000 112.000 0.000
202512 0.000 113.000 0.000

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294.24 mean?
Furubayashi Shiko Co (TSE:3944) has a E10 of 円294.24 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Furubayashi Shiko Co and its competitors.
Is Furubayashi Shiko Co's E10 too high?
Furubayashi Shiko Co's current E10 is 円294.24. Overall, Furubayashi Shiko Co has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Furubayashi Shiko Co's E10 compare to SW and PKG?
Furubayashi Shiko Co's E10 of 円294.24 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 Furubayashi Shiko Co and its competitors. Furubayashi Shiko Co's current E10 is 円294.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Furubayashi Shiko Co stock overvalued right now?
Based on GuruFocus' analysis, Furubayashi Shiko Co (TSE:3944) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,083.63, compared to a current price of 円2,429.00 — trading 16.6% above its estimated fair value. The current E10 is 円294.24. Furubayashi Shiko Co's overall GF Score™ is 66/100 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 Furubayashi Shiko Co (TSE:3944), the current E10 is 円294.24 as of Dec. 2025. 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 Furubayashi Shiko Co (TSE:3944) Overvalued in 2026?

Based on GuruFocus' analysis, Furubayashi Shiko Co stock appears to be overvalued. The current stock price of 円2,429.00 is trading 16.6% above its estimated GF Value™ of 円2,083.63. GuruFocus considers Furubayashi Shiko Co to be Modestly Overvalued.

Key valuation signals for TSE:3944:

  • E10: 円294.24
  • GF Value™: 円2,083.63 vs. price of 円2,429.00 (16.6% above fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the TSE:3944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Furubayashi Shiko Co Business Description

Address Otedori 3-1-12, Yubinbango, Chuo-ku, Osaka, JPN, 5400021
Furubayashi Shiko Co Ltd is a Japan based manufacturer of printed paper products such as printed paperboard containers for packaging food, liquors, and detergents. The products offered by the company are paper cartons, containers, roll-up packaging materials, labels and other packaging materials, packaging systems, contracts, and others.
66GF Score

Get the complete analysis for TSE:3944

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

円2,429.00
Price
円2,083.63
GF Value