KH Neochem Co (TSE:4189) E10: 円228.43 (As of Dec. 2025)

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TSE:4189 KH Neochem Co Ltd TSE:4189
82 GF Score
Price 円3,010.00
GF Value 円2,477.44
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is KH Neochem Co E10?

KH Neochem Co TSE:4189 -3.06% 82 E10 is 円228.43 as of Dec. 2025. GuruFocus rates TSE:4189 with a GF Score™ of 82/100 and a GF Value™ of 円2,477.44 (Modestly 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.

KH Neochem Co's adjusted earnings per share data for the three months ended in Dec. 2025 was 円61.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円228.43 for the trailing ten years ended in Dec. 2025.

During the past 12 months, KH Neochem Co's average E10 Growth Rate was 0.20% 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.

As of today (2026-07-29), KH Neochem Co's current stock price is 円3010.00. KH Neochem Co's E10 for the quarter that ended in Dec. 2025 was 円228.43. KH Neochem Co's Shiller PE Ratio of today is 13.18.

During the past 11 years, the highest Shiller PE Ratio of KH Neochem Co was 13.64. The lowest was 8.72. And the median was 11.81.


KH Neochem Co  (TSE:4189) 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.

KH Neochem Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3010.00/228.43
=13.18

* 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 11 years, the highest Shiller P/E Ratio of KH Neochem Co was 13.64. The lowest was 8.72. And the median was 11.81.


Be Aware

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


KH Neochem Co E10 Related Terms


KH Neochem Co E10 Historical Data

* Premium members only.

The historical data trend for KH Neochem 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.

KH Neochem Co E10 Chart

KH Neochem Co 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 0.00 227.98 228.43

KH Neochem 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 0.00 0.00 0.00 228.43 0.00

TSE:4189 vs DOW: E10 Comparison

For the Chemicals subindustry, KH Neochem 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.


KH Neochem Co Shiller PE Ratio vs Chemicals Industry

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

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


TSE:4189
82GF Score
KH Neochem Co Ltd TSE:4189
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KH Neochem 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, KH Neochem 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)
=61.88/113.0000*113.0000
=61.880

Current CPI (Dec. 2025) = 113.0000.

KH Neochem Co Quarterly Data

per share eps CPI Adj_EPS
0.000 0.000
201512 0.000 98.100 0.000
201609 44.179 98.000 50.941
201612 41.007 98.400 47.091
201703 55.560 98.100 63.999
201706 54.170 98.500 62.144
201709 66.810 98.800 76.412
201712 43.900 99.400 49.906
201803 52.160 99.200 59.416
201806 25.810 99.200 29.401
201809 38.260 99.900 43.277
201812 65.390 99.700 74.113
201903 61.090 99.700 69.239
201906 34.320 99.800 38.859
201909 53.420 100.100 60.304
201912 37.610 100.500 42.288
202003 37.800 100.300 42.586
202006 7.830 99.900 8.857
202009 17.750 99.900 20.078
202012 45.630 99.300 51.925
202103 62.000 99.900 70.130
202106 90.003 99.500 102.214
202109 119.474 100.100 134.871
202112 97.357 100.100 109.904
202203 91.000 101.100 101.711
202206 27.855 101.800 30.920
202209 32.354 103.100 35.461
202212 66.400 104.100 72.077
202303 40.090 104.400 43.392
202306 42.980 105.200 46.167
202309 42.818 106.200 45.560
202312 58.310 106.800 61.695
202403 47.630 107.200 50.207
202406 41.740 108.200 43.592
202409 43.550 108.900 45.190
202412 92.890 110.700 94.820
202503 47.980 111.100 48.801
202506 60.110 111.700 60.810
202509 48.180 112.000 48.610
202512 61.880 113.000 61.880

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228.43 mean?
KH Neochem Co (TSE:4189) has a E10 of 円228.43 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on KH Neochem Co and its competitors.
Is KH Neochem Co's E10 too high?
KH Neochem Co's current E10 is 円228.43. Overall, KH Neochem Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KH Neochem Co's E10 compare to DOW?
KH Neochem Co's E10 of 円228.43 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 KH Neochem Co and its competitors. KH Neochem Co's current E10 is 円228.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KH Neochem Co stock overvalued right now?
Based on GuruFocus' analysis, KH Neochem Co (TSE:4189) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,477.44, compared to a current price of 円3,010.00 — trading 21.5% above its estimated fair value. The current E10 is 円228.43. KH Neochem Co's overall GF Score™ is 82/100 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 KH Neochem Co (TSE:4189), the current E10 is 円228.43 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 KH Neochem Co (TSE:4189) Overvalued in 2026?

Based on GuruFocus' analysis, KH Neochem Co stock appears to be overvalued. The current stock price of 円3,010.00 is trading 21.5% above its estimated GF Value™ of 円2,477.44. GuruFocus considers KH Neochem Co to be Modestly Overvalued.

Key valuation signals for TSE:4189:

  • E10: 円228.43
  • GF Value™: 円2,477.44 vs. price of 円3,010.00 (21.5% above fair value)
  • GF Score™: 82/100 with 7 warning signs

No single metric tells the full story. See the TSE:4189 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KH Neochem Co Business Description

Address 2-3-1, Nihonbashi-Muromachi, 7th Floor, Muromachi Furukawa Mitsui Building, Chuo-ku, Tokyo, JPN, 103-0022
KH Neochem Co Ltd is engaged in the production and sale of various chemical products. It offers products including solvents, plasticizer alcohols and raw materials for refrigeration lubricants.
82GF Score

Get the complete analysis for TSE:4189

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

円3,010.00
Price
円2,477.44
GF Value