Nippon Chemical Industrial Co (TSE:4092) E10: 円290.69 (As of Mar. 2026)

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TSE:4092 Nippon Chemical Industrial Co Ltd TSE:4092
66 GF Score
Price 円5,270.00
GF Value 円2,456.55
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nippon Chemical Industrial Co E10?

Nippon Chemical Industrial Co TSE:4092 -1.86% 66 E10 is 円290.69 as of Mar. 2026. GuruFocus rates TSE:4092 with a GF Score™ of 66/100 and a GF Value™ of 円2,456.55 (Significantly Overvalued). The stock has 7 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.

Nippon Chemical Industrial Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円121.590. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円290.69 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 6.00% 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 Nippon Chemical Industrial Co was 115.60% per year. The lowest was 6.00% per year. And the median was 56.10% per year.

As of today (2026-08-29), Nippon Chemical Industrial Co's current stock price is 円5270.00. Nippon Chemical Industrial Co's E10 for the quarter that ended in Mar. 2026 was 円290.69. Nippon Chemical Industrial Co's Shiller PE Ratio of today is 18.13.

During the past 13 years, the highest Shiller PE Ratio of Nippon Chemical Industrial Co was 541.58. The lowest was 6.85. And the median was 18.15.


Nippon Chemical Industrial Co  (TSE:4092) 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.

Nippon Chemical Industrial Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5270.00/290.69
=18.13

* 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 Nippon Chemical Industrial Co was 541.58. The lowest was 6.85. And the median was 18.15.


Be Aware

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


Nippon Chemical Industrial Co E10 Related Terms


Nippon Chemical Industrial Co E10 Historical Data

* Premium members only.

The historical data trend for Nippon Chemical Industrial 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.

Nippon Chemical Industrial Co E10 Chart

Nippon Chemical Industrial 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 141.68 244.27 260.37 0.00 290.69

Nippon Chemical Industrial Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 296.43 291.27 287.76 290.69 0.00

TSE:4092 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Nippon Chemical Industrial 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.


Nippon Chemical Industrial Co Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Chemical Industrial Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:4092
66GF Score
Nippon Chemical Industrial Co Ltd TSE:4092
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Chemical Industrial 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, Nippon Chemical Industrial 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)
=121.59/112.7000*112.7000
=121.590

Current CPI (Mar. 2026) = 112.7000.

Nippon Chemical Industrial Co Quarterly Data

per share eps CPI Adj_EPS
201603 39.700 97.900 45.702
201606 78.500 98.100 90.183
201609 56.480 98.000 64.952
201612 65.020 98.400 74.469
201703 90.710 98.100 104.210
201706 62.550 98.500 71.567
201709 60.932 98.800 69.504
201712 86.055 99.400 97.569
201803 105.840 99.200 120.244
201806 83.710 99.200 95.102
201809 65.240 99.900 73.599
201812 48.770 99.700 55.129
201903 47.110 99.700 53.253
201906 65.550 99.800 74.023
201909 61.959 100.100 69.758
201912 47.930 100.500 53.748
202003 35.699 100.300 40.112
202006 63.510 99.900 71.647
202009 10.460 99.900 11.800
202012 72.270 99.300 82.022
202103 101.850 99.900 114.900
202106 123.010 99.500 139.329
202109 107.260 100.100 120.761
202112 94.790 100.100 106.722
202203 99.410 101.100 110.816
202206 79.370 101.800 87.868
202209 4.100 103.100 4.482
202212 46.000 104.100 49.800
202303 -32.340 104.400 -34.911
202306 32.680 105.200 35.010
202309 36.650 106.200 38.893
202312 71.630 106.800 75.587
202403 39.333 107.200 41.351
202406 141.940 108.200 147.843
202409 43.150 108.900 44.656
202503 0.000 111.100 0.000
202506 137.740 111.700 138.973
202509 15.050 112.000 15.144
202512 57.010 113.000 56.859
202603 121.590 112.700 121.590

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290.69 mean?
Nippon Chemical Industrial Co (TSE:4092) has a E10 of 円290.69 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nippon Chemical Industrial Co and its competitors.
Is Nippon Chemical Industrial Co's E10 too high?
Nippon Chemical Industrial Co's current E10 is 円290.69. Overall, Nippon Chemical Industrial Co has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Chemical Industrial Co's E10 compare to LIN and SHW?
Nippon Chemical Industrial Co's E10 of 円290.69 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 Nippon Chemical Industrial Co and its competitors. Nippon Chemical Industrial Co's current E10 is 円290.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Chemical Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Chemical Industrial Co (TSE:4092) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,456.55, compared to a current price of 円5,270.00 — trading 114.5% above its estimated fair value. The current E10 is 円290.69. Nippon Chemical Industrial Co's overall GF Score™ is 66/100 with 7 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 Nippon Chemical Industrial Co (TSE:4092), the current E10 is 円290.69 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 Nippon Chemical Industrial Co (TSE:4092) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Chemical Industrial Co stock appears to be overvalued. The current stock price of 円5,270.00 is trading 114.5% above its estimated GF Value™ of 円2,456.55. GuruFocus considers Nippon Chemical Industrial Co to be Significantly Overvalued.

Key valuation signals for TSE:4092:

  • E10: 円290.69
  • GF Value™: 円2,456.55 vs. price of 円5,270.00 (114.5% above fair value)
  • GF Score™: 66/100 with 7 warning signs

No single metric tells the full story. See the TSE:4092 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Chemical Industrial Co Business Description

Address 9-11-1 Kameido, Koto-ku, Tokyo, JPN, 136-8515
Nippon Chemical Industrial Co Ltd is a Japanese based company. The company is engaged in the manufacturing and sale of chemical products. It offers products under the inorganic and specialty chemicals division. Its inorganic chemical products include chromium, silicates, phosphorus, and barium. It also offers specialty chemicals, such as electronic ceramic materials, barium compounds, circuit materials, battery materials, organic phosphorus compounds, pharmaceutical and agrochemical intermediates, semiconductor materials, and flame retardants, as well as other specialty products comprising thiourea and high-purity thiourea.
66GF Score

Get the complete analysis for TSE:4092

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

円5,270.00
Price
円2,456.55
GF Value