Mitsubishi Chemical Group (TSE:4188) E10: 円78.71 (As of Mar. 2026)


TSE:4188 Mitsubishi Chemical Group Corp TSE:4188
62 GF Score
Price 円1,176.00
GF Value 円782.99
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Mitsubishi Chemical Group E10?

Mitsubishi Chemical Group TSE:4188 -1.47% 62 E10 is 円78.71 as of Mar. 2026. GuruFocus rates TSE:4188 with a GF Score™ of 62/100 and a GF Value™ of 円782.99 (Significantly Overvalued). The stock has 11 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.

Mitsubishi Chemical Group's adjusted earnings per share data for the three months ended in Mar. 2026 was 円-68.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円78.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mitsubishi Chemical Group's average E10 Growth Rate was -2.40% per year. During the past 3 years, the average E10 Growth Rate was 3.20% per year. During the past 5 years, the average E10 Growth Rate was 7.40% per year. During the past 10 years, the average E10 Growth Rate was 13.00% 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 Mitsubishi Chemical Group was 46.10% per year. The lowest was 2.30% per year. And the median was 9.25% per year.

As of today (2026-07-08), Mitsubishi Chemical Group's current stock price is 円1176.00. Mitsubishi Chemical Group's E10 for the quarter that ended in Mar. 2026 was 円78.71. Mitsubishi Chemical Group's Shiller PE Ratio of today is 14.94.

During the past 13 years, the highest Shiller PE Ratio of Mitsubishi Chemical Group was 35.50. The lowest was 7.93. And the median was 12.30.


Mitsubishi Chemical Group  (TSE:4188) 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.

Mitsubishi Chemical Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1176.00/78.71
=14.94

* 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 Mitsubishi Chemical Group was 35.50. The lowest was 7.93. And the median was 12.30.


Be Aware

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


Mitsubishi Chemical Group E10 Related Terms


Mitsubishi Chemical Group E10 Historical Data

* Premium members only.

The historical data trend for Mitsubishi Chemical Group'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.

Mitsubishi Chemical Group E10 Chart

Mitsubishi Chemical Group 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 64.41 71.55 79.20 80.64 78.71

Mitsubishi Chemical Group 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 80.64 79.71 83.99 87.12 78.71

TSE:4188 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Mitsubishi Chemical Group'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.


Mitsubishi Chemical Group Shiller PE Ratio vs Chemicals Industry

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

* The bar in red indicates where Mitsubishi Chemical Group's Shiller PE Ratio falls into.


TSE:4188
62GF Score
Mitsubishi Chemical Group Corp TSE:4188
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsubishi Chemical Group 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, Mitsubishi Chemical Group'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)
=-68.04/112.7000*112.7000
=-68.040

Current CPI (Mar. 2026) = 112.7000.

Mitsubishi Chemical Group Quarterly Data

per share eps CPI Adj_EPS
201606 17.790 98.100 20.438
201609 36.210 98.000 41.642
201612 35.880 98.400 41.094
201703 16.070 98.100 18.462
201706 30.660 98.500 35.080
201709 33.900 98.800 38.669
201712 43.980 99.400 49.865
201803 27.530 99.200 31.277
201806 37.560 99.200 42.671
201809 40.360 99.900 45.531
201812 -3.550 99.700 -4.013
201903 60.510 99.700 68.400
201906 24.560 99.800 27.735
201909 28.200 100.100 31.750
201912 -3.550 100.500 -3.981
202003 -15.630 100.300 -17.562
202006 3.390 99.900 3.824
202009 -38.630 99.900 -43.580
202012 1.250 99.300 1.419
202103 28.360 99.900 31.994
202106 32.310 99.500 36.596
202109 22.820 100.100 25.692
202112 23.930 100.100 26.942
202203 35.970 101.100 40.097
202206 30.220 101.800 33.456
202209 19.580 103.100 21.403
202212 -40.020 104.100 -43.326
202303 53.440 104.400 57.689
202306 28.610 105.200 30.650
202309 16.610 106.200 17.627
202312 24.660 106.800 26.022
202403 10.890 107.200 11.449
202406 27.850 108.200 29.008
202409 0.890 108.900 0.921
202412 12.960 110.700 13.194
202503 -10.070 111.100 -10.215
202506 13.950 111.700 14.075
202509 65.680 112.000 66.091
202512 -2.960 113.000 -2.952
202603 -68.040 112.700 -68.040

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78.71 mean?
Mitsubishi Chemical Group (TSE:4188) has a E10 of 円78.71 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mitsubishi Chemical Group and its competitors.
Is Mitsubishi Chemical Group's E10 too high?
Mitsubishi Chemical Group's current E10 is 円78.71. Overall, Mitsubishi Chemical Group has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Chemical Group's E10 compare to LIN and SHW?
Mitsubishi Chemical Group's E10 of 円78.71 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 Mitsubishi Chemical Group and its competitors. Mitsubishi Chemical Group's current E10 is 円78.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Chemical Group stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Chemical Group (TSE:4188) is currently considered Significantly Overvalued. The stock's GF Value™ is 円782.99, compared to a current price of 円1,176.00 — trading 50.2% above its estimated fair value. The current E10 is 円78.71. Mitsubishi Chemical Group's overall GF Score™ is 62/100 with 11 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 Mitsubishi Chemical Group (TSE:4188), the current E10 is 円78.71 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 Mitsubishi Chemical Group (TSE:4188) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Chemical Group stock appears to be overvalued. The current stock price of 円1,176.00 is trading 50.2% above its estimated GF Value™ of 円782.99. GuruFocus considers Mitsubishi Chemical Group to be Significantly Overvalued.

Key valuation signals for TSE:4188:

  • E10: 円78.71
  • GF Value™: 円782.99 vs. price of 円1,176.00 (50.2% above fair value)
  • GF Score™: 62/100 with 11 warning signs

No single metric tells the full story. See the TSE:4188 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Chemical Group Business Description

Address 1-1-1 Marunouchi, Palace Building, Chiyoda-ku, Tokyo, JPN, 100-8251
Mitsubishi Chemical Group Corp is a holding company which manufactures and sells chemicals, plastics, and pharmaceuticals. It organizes itself into five segments. The Basic Materials & Polymers segment covers petrochemical substrates, polyolefins, basic chemicals, sustainable polymers, engineering plastics, and carbon. The Industrial Gas segment focuses on industrial gases. The MMA & Derivatives segment includes MMA, PMMA, coatings, additives, and fine chemicals. The Pharmacy segment is engaged in medicines, and the Specialty Materials segment handles advanced films and polymers, advanced solutions, and advanced composites. The Others segment includes businesses such as engineering, transportation, and warehousing. It generates the majority of its revenue from the Industrial gas segment.
62GF Score

Get the complete analysis for TSE:4188

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

円1,176.00
Price
円782.99
GF Value