AUCNET (TSE:3964) E10: 円38.48 (As of Jun. 2026)

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TSE:3964 AUCNET Inc TSE:3964
95 GF Score
Price 円1,355.00
GF Value 円1,011.17
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is AUCNET E10?

AUCNET TSE:3964 +1.35% 95 E10 is 円38.48 as of Jun. 2026. GuruFocus rates TSE:3964 with a GF Score™ of 95/100 and a GF Value™ of 円1,011.17 (Significantly Overvalued). The stock has 2 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.

AUCNET's adjusted earnings per share data for the three months ended in Jun. 2026 was 円29.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円38.48 for the trailing ten years ended in Jun. 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 (2026-09-04), AUCNET's current stock price is 円1355.00. AUCNET's E10 for the quarter that ended in Jun. 2026 was 円38.48. AUCNET's Shiller PE Ratio of today is 35.21.

During the past 12 years, the highest Shiller PE Ratio of AUCNET was 41.28. The lowest was 29.64. And the median was 34.98.


AUCNET  (TSE:3964) 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.

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

Shiller PE Ratio=Share Price/E10
=1355.00/38.48
=35.21

* 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 AUCNET was 41.28. The lowest was 29.64. And the median was 34.98.


Be Aware

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


AUCNET E10 Related Terms


AUCNET E10 Historical Data

* Premium members only.

The historical data trend for AUCNET'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.

AUCNET E10 Chart

AUCNET Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 34.61

AUCNET Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 34.61 36.12 38.48

TSE:3964 vs AMZN, BABA, PDD: E10 Comparison

For the Internet Retail subindustry, AUCNET'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.


AUCNET Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, AUCNET's Shiller PE Ratio distribution charts can be found below:

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


TSE:3964
95GF Score
AUCNET Inc TSE:3964
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=29.34/113.6000*113.6000
=29.340

Current CPI (Jun. 2026) = 113.6000.

AUCNET Quarterly Data

per share eps CPI Adj_EPS
201609 0.000 98.000 0.000
201612 7.586 98.400 8.758
201703 6.145 98.100 7.116
201706 3.790 98.500 4.371
201709 3.638 98.800 4.183
201712 2.813 99.400 3.215
201803 5.410 99.200 6.195
201806 3.148 99.200 3.605
201809 4.395 99.900 4.998
201812 2.400 99.700 2.735
201903 4.330 99.700 4.934
201906 1.598 99.800 1.819
201909 2.688 100.100 3.051
201912 4.003 100.500 4.525
202003 6.483 100.300 7.343
202006 3.015 99.900 3.428
202009 5.018 99.900 5.706
202012 2.488 99.300 2.846
202103 11.433 99.900 13.001
202106 9.880 99.500 11.280
202109 5.925 100.100 6.724
202112 5.158 100.100 5.854
202203 11.675 101.100 13.118
202206 10.468 101.800 11.681
202209 9.015 103.100 9.933
202212 8.460 104.100 9.232
202303 13.228 104.400 14.394
202306 11.728 105.200 12.664
202309 9.645 106.200 10.317
202312 9.153 106.800 9.736
202403 14.643 107.200 15.517
202406 12.118 108.200 12.723
202409 10.925 108.900 11.397
202412 9.290 110.700 9.533
202503 21.620 111.100 22.106
202506 18.745 111.700 19.064
202509 9.945 112.000 10.087
202512 14.615 113.000 14.693
202603 23.770 112.700 23.960
202606 29.340 113.600 29.340

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38.48 mean?
AUCNET (TSE:3964) has a E10 of 円38.48 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on AUCNET and its competitors.
Is AUCNET's E10 too high?
AUCNET's current E10 is 円38.48. Overall, AUCNET has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AUCNET's E10 compare to AMZN and BABA?
AUCNET's E10 of 円38.48 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 AUCNET and its competitors. AUCNET's current E10 is 円38.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AUCNET stock overvalued right now?
Based on GuruFocus' analysis, AUCNET (TSE:3964) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,011.17, compared to a current price of 円1,355.00 — trading 34% above its estimated fair value. The current E10 is 円38.48. AUCNET's overall GF Score™ is 95/100 with 2 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 AUCNET (TSE:3964), the current E10 is 円38.48 as of Jun. 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 AUCNET (TSE:3964) Overvalued in 2026?

Based on GuruFocus' analysis, AUCNET stock appears to be overvalued. The current stock price of 円1,355.00 is trading 34% above its estimated GF Value™ of 円1,011.17. GuruFocus considers AUCNET to be Significantly Overvalued.

Key valuation signals for TSE:3964:

  • E10: 円38.48
  • GF Value™: 円1,011.17 vs. price of 円1,355.00 (34% above fair value)
  • GF Score™: 95/100 with 2 warning signs

No single metric tells the full story. See the TSE:3964 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AUCNET Business Description

Other Exchanges AUCTF:USA
Address Aoyama OM Square, 5-8 Kita-Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107‐8349
AUCNET Inc is a Japanese based auction services provider. It provides new information distribution services using media, including LaserDisc, satellite communications, and the internet. It operates in the used cars auction business, motorcycle business, the flower business, the digital products business, the brand items business, and the medical equipment business. Company operates in two segments-Lifestyle products segment, this segment consists of the digital products business and the fashion resale business and second Digital products business which involves auctions and consumer-oriented sales of used digital devices such as used smartphones and used PCs.
95GF Score

Get the complete analysis for TSE:3964

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

円1,355.00
Price
円1,011.17
GF Value