Kanto Denka Kogyo Co (TSE:4047) E10: 円92.23 (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:4047 Kanto Denka Kogyo Co Ltd TSE:4047
67 GF Score
Price 円2,701.00
GF Value 円1,068.10
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Kanto Denka Kogyo Co E10?

Kanto Denka Kogyo Co TSE:4047 -7.66% 67 E10 is 円92.23 as of Mar. 2026. GuruFocus rates TSE:4047 with a GF Score™ of 67/100 and a GF Value™ of 円1,068.10 (Significantly 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.

Kanto Denka Kogyo Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円35.920. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円92.23 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kanto Denka Kogyo Co's average E10 Growth Rate was -8.00% per year. During the past 3 years, the average E10 Growth Rate was -4.90% per year. During the past 5 years, the average E10 Growth Rate was 10.10% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Kanto Denka Kogyo Co was 26.10% per year. The lowest was -4.90% per year. And the median was 17.10% per year.

As of today (2026-07-18), Kanto Denka Kogyo Co's current stock price is 円2701.00. Kanto Denka Kogyo Co's E10 for the quarter that ended in Mar. 2026 was 円92.23. Kanto Denka Kogyo Co's Shiller PE Ratio of today is 29.29.

During the past 13 years, the highest Shiller PE Ratio of Kanto Denka Kogyo Co was 45.44. The lowest was 7.09. And the median was 14.86.


Kanto Denka Kogyo Co  (TSE:4047) 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.

Kanto Denka Kogyo Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2701.00/92.23
=29.29

* 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 Kanto Denka Kogyo Co was 45.44. The lowest was 7.09. And the median was 14.86.


Be Aware

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


Kanto Denka Kogyo Co E10 Related Terms


Kanto Denka Kogyo Co E10 Historical Data

* Premium members only.

The historical data trend for Kanto Denka Kogyo 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.

Kanto Denka Kogyo Co E10 Chart

Kanto Denka Kogyo 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 72.11 107.35 99.88 100.29 92.23

Kanto Denka Kogyo 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 100.29 98.86 95.34 95.24 92.23

TSE:4047 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Kanto Denka Kogyo 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.


Kanto Denka Kogyo Co Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kanto Denka Kogyo Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:4047
67GF Score
Kanto Denka Kogyo Co Ltd TSE:4047
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanto Denka Kogyo 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, Kanto Denka Kogyo 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)
=35.92/112.7000*112.7000
=35.920

Current CPI (Mar. 2026) = 112.7000.

Kanto Denka Kogyo Co Quarterly Data

per share eps CPI Adj_EPS
201606 24.570 98.100 28.227
201609 22.390 98.000 25.749
201612 29.670 98.400 33.982
201703 39.600 98.100 45.494
201706 29.550 98.500 33.810
201709 21.730 98.800 24.787
201712 30.370 99.400 34.434
201803 24.668 99.200 28.025
201806 34.290 99.200 38.956
201809 29.200 99.900 32.941
201812 20.861 99.700 23.581
201903 29.550 99.700 33.403
201906 21.870 99.800 24.697
201909 22.234 100.100 25.033
201912 27.880 100.500 31.264
202003 15.290 100.300 17.180
202006 5.320 99.900 6.002
202009 8.953 99.900 10.100
202012 20.114 99.300 22.828
202103 28.320 99.900 31.949
202106 29.420 99.500 33.323
202109 23.378 100.100 26.321
202112 44.960 100.100 50.619
202203 37.355 101.100 41.641
202206 51.030 101.800 56.494
202209 39.350 103.100 43.014
202212 46.440 104.100 50.277
202303 26.491 104.400 28.597
202306 -5.400 105.200 -5.785
202309 9.869 106.200 10.473
202312 -0.540 106.800 -0.570
202403 -84.190 107.200 -88.509
202406 20.290 108.200 21.134
202409 4.640 108.900 4.802
202412 7.600 110.700 7.737
202503 24.000 111.100 24.346
202506 9.240 111.700 9.323
202509 -7.380 112.000 -7.426
202512 28.180 113.000 28.105
202603 35.920 112.700 35.920

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92.23 mean?
Kanto Denka Kogyo Co (TSE:4047) has a E10 of 円92.23 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kanto Denka Kogyo Co and its competitors.
Is Kanto Denka Kogyo Co's E10 too high?
Kanto Denka Kogyo Co's current E10 is 円92.23. Overall, Kanto Denka Kogyo Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanto Denka Kogyo Co's E10 compare to LIN and SHW?
Kanto Denka Kogyo Co's E10 of 円92.23 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Kanto Denka Kogyo Co and its competitors. Kanto Denka Kogyo Co's current E10 is 円92.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanto Denka Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Kanto Denka Kogyo Co (TSE:4047) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,068.10, compared to a current price of 円2,701.00 — trading 152.9% above its estimated fair value. The current E10 is 円92.23. Kanto Denka Kogyo Co's overall GF Score™ is 67/100 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 Kanto Denka Kogyo Co (TSE:4047), the current E10 is 円92.23 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 Kanto Denka Kogyo Co (TSE:4047) Overvalued in 2026?

Based on GuruFocus' analysis, Kanto Denka Kogyo Co stock appears to be overvalued. The current stock price of 円2,701.00 is trading 152.9% above its estimated GF Value™ of 円1,068.10. GuruFocus considers Kanto Denka Kogyo Co to be Significantly Overvalued.

Key valuation signals for TSE:4047:

  • E10: 円92.23
  • GF Value™: 円1,068.10 vs. price of 円2,701.00 (152.9% above fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the TSE:4047 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanto Denka Kogyo Co Business Description

Address 2-3-2 Marunouchi, Chiyoda-ku, Yusen Building, Tokyo, JPN, 100-0005
Kanto Denka Kogyo Co Ltd is a Japan-based company, engages in the production of a chemical product. It operates through Fundamental Chemicals and Fine Chemicals divisions. The Fundamental Chemicals offers caustic soda, hydrochloric acid, sodium hypochlorite, aluminum chloride, trichloroethylene, perchloroethylene, vinylidene chloride, cyclohexanol. The Fine Chemicals division offers reprographics carriers, magnetite, sulfur hexafluoride, carbon tetrafluoride, trifluoromethane, hexafluoroethane, nitrogen trifluoride, among others.
67GF Score

Get the complete analysis for TSE:4047

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

円2,701.00
Price
円1,068.10
GF Value