Dentsu Group (TSE:4324) E10: 円0.00 (As of Jun. 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:4324 Dentsu Group Inc TSE:4324
68 GF Score
Price 円3,662.00
GF Value 円3,110.73
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Dentsu Group E10?

Dentsu Group TSE:4324 +3.59% 68 E10 is 円0.00 as of Jun. 2026. GuruFocus rates TSE:4324 with a GF Score™ of 68/100 and a GF Value™ of 円3,110.73 (Modestly Overvalued). The stock has 8 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.

Dentsu Group's adjusted earnings per share data for the three months ended in Jun. 2026 was 円0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Dentsu Group's average E10 Growth Rate was -100.00% 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 Dentsu Group was 6.50% per year. The lowest was -30.20% per year. And the median was -7.55% per year.

As of today (2026-08-28), Dentsu Group's current stock price is 円3662.00. Dentsu Group's E10 for the quarter that ended in Jun. 2026 was 円0.00. Dentsu Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Dentsu Group was 1335.63. The lowest was 9.39. And the median was 26.25.


Dentsu Group  (TSE:4324) 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.

During the past 13 years, the highest Shiller P/E Ratio of Dentsu Group was 1335.63. The lowest was 9.39. And the median was 26.25.


Be Aware

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


Dentsu Group E10 Related Terms


Dentsu Group E10 Historical Data

* Premium members only.

The historical data trend for Dentsu 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.

Dentsu Group E10 Chart

Dentsu Group 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 160.07 173.32 158.37 54.49 -121.85

Dentsu Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 2.47 -0.52 -121.85 -113.07 0.00

TSE:4324 vs APP, OMC, TTD: E10 Comparison

For the Advertising Agencies subindustry, Dentsu 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.


Dentsu Group Shiller PE Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dentsu Group's Shiller PE Ratio distribution charts can be found below:

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


TSE:4324
68GF Score
Dentsu Group Inc TSE:4324
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dentsu 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, Dentsu Group's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/113.6000*113.6000
=0.000

Current CPI (Jun. 2026) = 113.6000.

Dentsu Group Quarterly Data

per share eps CPI Adj_EPS
201609 53.110 98.000 61.564
201612 114.230 98.400 131.875
201703 63.020 98.100 72.977
201706 45.230 98.500 52.164
201709 48.950 98.800 56.283
201712 215.800 99.400 246.629
201803 38.270 99.200 43.825
201806 -0.010 99.200 -0.011
201809 168.200 99.900 191.266
201812 113.920 99.700 129.803
201903 -9.170 99.700 -10.448
201906 4.630 99.800 5.270
201909 21.360 100.100 24.241
201912 -304.760 100.500 -344.485
202003 55.850 100.300 63.256
202006 1.560 99.900 1.774
202009 -19.580 99.900 -22.265
202012 -608.090 99.300 -695.660
202103 17.340 99.900 19.718
202106 110.790 99.500 126.490
202109 235.730 100.100 267.522
202112 24.890 100.100 28.247
202203 86.810 101.100 97.543
202206 68.440 101.800 76.373
202209 59.640 103.100 65.714
202212 6.320 104.100 6.897
202303 44.650 104.400 48.585
202306 12.970 105.200 14.006
202309 25.190 106.200 26.945
202312 -123.700 106.800 -131.576
202403 20.960 107.200 22.211
202406 0.040 108.200 0.042
202409 -15.320 108.900 -15.981
202412 -740.310 110.700 -759.704
202503 24.080 111.100 24.622
202506 -307.800 111.700 -313.036
202509 46.680 112.000 47.347
202512 -1,025.000 113.000 -1,030.442
202603 154.050 112.700 155.280
202606 0.000 113.600 0.000

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0.00 mean?
Dentsu Group (TSE:4324) has a E10 of 円0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dentsu Group and its competitors.
Is Dentsu Group's E10 too high?
Dentsu Group's current E10 is 円0.00. Overall, Dentsu Group has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dentsu Group's E10 compare to APP and OMC?
Dentsu Group's E10 of 円0.00 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good E10 depends on the Media - Diversified 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 Dentsu Group and its competitors. Dentsu Group's current E10 is 円0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dentsu Group stock overvalued right now?
Based on GuruFocus' analysis, Dentsu Group (TSE:4324) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,110.73, compared to a current price of 円3,662.00 — trading 17.7% above its estimated fair value. The current E10 is 円0.00. Dentsu Group's overall GF Score™ is 68/100 with 8 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 Dentsu Group (TSE:4324), the current E10 is 円0.00 as of Jun. 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 Dentsu Group (TSE:4324) Overvalued in 2026?

Based on GuruFocus' analysis, Dentsu Group stock appears to be overvalued. The current stock price of 円3,662.00 is trading 17.7% above its estimated GF Value™ of 円3,110.73. GuruFocus considers Dentsu Group to be Modestly Overvalued.

Key valuation signals for TSE:4324:

  • E10: 円0.00
  • GF Value™: 円3,110.73 vs. price of 円3,662.00 (17.7% above fair value)
  • GF Score™: 68/100 with 8 warning signs

No single metric tells the full story. See the TSE:4324 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dentsu Group Business Description

Other Exchanges DNTUY:USADNTUF:USA
Address 1-8-1 Higashi Shinbashi, Minato-ku, Tokyo, JPN, 105-7001
Dentsu Group is the top advertising agency in Japan and the fifth-largest advertising network in the world. It is the oldest advertising agency in Japan, with the original company being established in 1901. Over the years, Dentsu expanded its global footprint through mergers and acquisitions. Currently, international sales account for about 60% of total revenue.
68GF Score

Get the complete analysis for TSE:4324

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

円3,662.00
Price
円3,110.73
GF Value