Gun Ei Chemical Industry Co (TSE:4229) E10: 円263.38 (As of Mar. 2026)

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TSE:4229 Gun Ei Chemical Industry Co Ltd TSE:4229
74 GF Score
Price 円4,410.00
GF Value 円3,202.99
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Gun Ei Chemical Industry Co E10?

Gun Ei Chemical Industry Co TSE:4229 +2.44% 74 E10 is 円263.38 as of Mar. 2026. GuruFocus rates TSE:4229 with a GF Score™ of 74/100 and a GF Value™ of 円3,202.99 (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.

Gun Ei Chemical Industry Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円41.919. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円263.38 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 6.10% 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 Gun Ei Chemical Industry Co was 11.70% per year. The lowest was 5.40% per year. And the median was 6.80% per year.

As of today (2026-08-28), Gun Ei Chemical Industry Co's current stock price is 円4410.00. Gun Ei Chemical Industry Co's E10 for the quarter that ended in Mar. 2026 was 円263.38. Gun Ei Chemical Industry Co's Shiller PE Ratio of today is 16.74.

During the past 13 years, the highest Shiller PE Ratio of Gun Ei Chemical Industry Co was 26.27. The lowest was 10.49. And the median was 13.54.


Gun Ei Chemical Industry Co  (TSE:4229) 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.

Gun Ei Chemical Industry Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4410.00/263.38
=16.74

* 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 Gun Ei Chemical Industry Co was 26.27. The lowest was 10.49. And the median was 13.54.


Be Aware

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


Gun Ei Chemical Industry Co E10 Related Terms


Gun Ei Chemical Industry Co E10 Historical Data

* Premium members only.

The historical data trend for Gun Ei Chemical Industry 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.

Gun Ei Chemical Industry Co E10 Chart

Gun Ei Chemical Industry 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 212.30 220.59 239.39 0.00 263.38

Gun Ei Chemical Industry Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 258.88 260.04 265.62 263.38

TSE:4229 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Gun Ei Chemical Industry 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.


Gun Ei Chemical Industry Co Shiller PE Ratio vs Chemicals Industry

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

* The bar in red indicates where Gun Ei Chemical Industry Co's Shiller PE Ratio falls into.


TSE:4229
74GF Score
Gun Ei Chemical Industry Co Ltd TSE:4229
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gun Ei Chemical Industry 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, Gun Ei Chemical Industry 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)
=41.919/112.7000*112.7000
=41.919

Current CPI (Mar. 2026) = 112.7000.

Gun Ei Chemical Industry Co Quarterly Data

per share eps CPI Adj_EPS
201603 9.886 97.900 11.381
201606 71.500 98.100 82.141
201609 70.476 98.000 81.047
201612 102.536 98.400 117.437
201703 18.466 98.100 21.214
201706 71.340 98.500 81.625
201709 70.403 98.800 80.308
201712 64.200 99.400 72.790
201803 22.503 99.200 25.565
201806 50.640 99.200 57.532
201809 50.776 99.900 57.282
201812 49.620 99.700 56.090
201903 18.617 99.700 21.044
201906 52.800 99.800 59.625
201909 63.211 100.100 71.168
201912 57.210 100.500 64.155
202003 25.594 100.300 28.758
202006 47.700 99.900 53.812
202009 60.038 99.900 67.731
202012 57.610 99.300 65.384
202103 76.660 99.900 86.482
202106 87.060 99.500 98.610
202109 71.650 100.100 80.669
202112 80.258 100.100 90.360
202203 52.020 101.100 57.989
202206 50.220 101.800 55.597
202209 61.840 103.100 67.598
202212 56.810 104.100 61.503
202303 12.372 104.400 13.356
202306 93.380 105.200 100.037
202309 98.160 106.200 104.168
202312 86.540 106.800 91.321
202403 29.716 107.200 31.241
202406 93.380 108.200 97.264
202409 55.580 108.900 57.519
202503 0.000 111.100 0.000
202506 69.900 111.700 70.526
202509 76.840 112.000 77.320
202512 108.690 113.000 108.401
202603 41.919 112.700 41.919

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263.38 mean?
Gun Ei Chemical Industry Co (TSE:4229) has a E10 of 円263.38 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Gun Ei Chemical Industry Co and its competitors.
Is Gun Ei Chemical Industry Co's E10 too high?
Gun Ei Chemical Industry Co's current E10 is 円263.38. Overall, Gun Ei Chemical Industry Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gun Ei Chemical Industry Co's E10 compare to LIN and SHW?
Gun Ei Chemical Industry Co's E10 of 円263.38 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 Gun Ei Chemical Industry Co and its competitors. Gun Ei Chemical Industry Co's current E10 is 円263.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gun Ei Chemical Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Gun Ei Chemical Industry Co (TSE:4229) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,202.99, compared to a current price of 円4,410.00 — trading 37.7% above its estimated fair value. The current E10 is 円263.38. Gun Ei Chemical Industry Co's overall GF Score™ is 74/100 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 Gun Ei Chemical Industry Co (TSE:4229), the current E10 is 円263.38 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 Gun Ei Chemical Industry Co (TSE:4229) Overvalued in 2026?

Based on GuruFocus' analysis, Gun Ei Chemical Industry Co stock appears to be overvalued. The current stock price of 円4,410.00 is trading 37.7% above its estimated GF Value™ of 円3,202.99. GuruFocus considers Gun Ei Chemical Industry Co to be Significantly Overvalued.

Key valuation signals for TSE:4229:

  • E10: 円263.38
  • GF Value™: 円3,202.99 vs. price of 円4,410.00 (37.7% above fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the TSE:4229 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gun Ei Chemical Industry Co Business Description

Address 700 Shukuorui-machi, Takasaki, JPN, 370-0032
Gun Ei Chemical Industry Co Ltd is a chemical manufacturer. The company operates in two business segments. The Chemical segment manufactures and sells industrial phenol resin, urea-melamine-based adhesives, casting binders, spherical resin, plasticizers, formalin, Bisphenol F, resin and hardener for molding processes, high-function fiber, and resin-coated sand. The Real Estate Utilization segment is involved the real estate leasing business.
74GF Score

Get the complete analysis for TSE:4229

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

円4,410.00
Price
円3,202.99
GF Value