Seiryo Electric (TSE:4341) E10: 円45.05 (As of Mar. 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:4341 Seiryo Electric Corp TSE:4341
72 GF Score
Price 円906.00
GF Value 円967.43
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Seiryo Electric E10?

Seiryo Electric TSE:4341 +2.37% 72 E10 is 円45.05 as of Mar. 2026. GuruFocus rates TSE:4341 with a GF Score™ of 72/100 and a GF Value™ of 円967.43 (Fairly Valued). The stock has 1 warning sign 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.

Seiryo Electric's adjusted earnings per share data for the three months ended in Mar. 2026 was 円24.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円45.05 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -6.30% 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 Seiryo Electric was 12.00% per year. The lowest was -7.90% per year. And the median was -1.40% per year.

As of today (2026-08-22), Seiryo Electric's current stock price is 円906.00. Seiryo Electric's E10 for the quarter that ended in Mar. 2026 was 円45.05. Seiryo Electric's Shiller PE Ratio of today is 20.11.

During the past 13 years, the highest Shiller PE Ratio of Seiryo Electric was 34.58. The lowest was 10.85. And the median was 17.29.


Seiryo Electric  (TSE:4341) 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.

Seiryo Electric's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=906.00/45.05
=20.11

* 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 Seiryo Electric was 34.58. The lowest was 10.85. And the median was 17.29.


Be Aware

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


Seiryo Electric E10 Related Terms


Seiryo Electric E10 Historical Data

* Premium members only.

The historical data trend for Seiryo Electric'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.

Seiryo Electric E10 Chart

Seiryo Electric 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 75.75 54.75 43.30 0.00 45.05

Seiryo Electric 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 25.48 34.76 37.42 45.05 0.00

TSE:4341 vs VZ, TMUS, T: E10 Comparison

For the Telecom Services subindustry, Seiryo Electric'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.


Seiryo Electric Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Seiryo Electric's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Seiryo Electric's Shiller PE Ratio falls into.


TSE:4341
72GF Score
Seiryo Electric Corp TSE:4341
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seiryo Electric 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, Seiryo Electric'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)
=24.01/112.7000*112.7000
=24.010

Current CPI (Mar. 2026) = 112.7000.

Seiryo Electric Quarterly Data

per share eps CPI Adj_EPS
201603 96.906 97.900 111.556
201606 -71.800 98.100 -82.486
201609 -10.660 98.000 -12.259
201612 -31.730 98.400 -36.341
201703 133.211 98.100 153.036
201706 -33.460 98.500 -38.284
201709 9.760 98.800 11.133
201712 -16.866 99.400 -19.123
201803 96.907 99.200 110.095
201806 -67.250 99.200 -76.402
201809 20.280 99.900 22.878
201812 -5.440 99.700 -6.149
201903 121.491 99.700 137.332
201906 -42.580 99.800 -48.084
201909 24.870 100.100 28.000
201912 5.600 100.500 6.280
202003 83.472 100.300 93.792
202006 -60.990 99.900 -68.805
202009 9.260 99.900 10.446
202012 16.294 99.300 18.493
202103 101.482 99.900 114.485
202106 -31.390 99.500 -35.554
202109 -30.016 100.100 -33.794
202112 -11.230 100.100 -12.644
202203 128.925 101.100 143.718
202206 -12.470 101.800 -13.805
202209 -20.296 103.100 -22.186
202212 -40.510 104.100 -43.857
202303 -20.296 104.400 -21.910
202306 -69.290 105.200 -74.230
202309 17.080 106.200 18.125
202312 33.732 106.800 35.595
202403 99.481 107.200 104.585
202406 -94.840 108.200 -98.784
202409 -8.550 108.900 -8.848
202503 0.000 111.100 0.000
202506 -50.750 111.700 -51.204
202509 48.740 112.000 49.045
202512 51.500 113.000 51.363
202603 24.010 112.700 24.010

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45.05 mean?
Seiryo Electric (TSE:4341) has a E10 of 円45.05 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Seiryo Electric and its competitors.
Is Seiryo Electric's E10 too high?
Seiryo Electric's current E10 is 円45.05. Overall, Seiryo Electric has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Seiryo Electric's E10 compare to VZ and TMUS?
Seiryo Electric's E10 of 円45.05 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good E10 depends on the Telecommunication Services 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 Seiryo Electric and its competitors. Seiryo Electric's current E10 is 円45.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seiryo Electric stock overvalued right now?
Based on GuruFocus' analysis, Seiryo Electric (TSE:4341) is currently considered Fairly Valued. The stock's GF Value™ is 円967.43, compared to a current price of 円906.00 — trading 6.3% below its estimated fair value. The current E10 is 円45.05. Seiryo Electric's overall GF Score™ is 72/100 with 1 warning sign 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 Seiryo Electric (TSE:4341), the current E10 is 円45.05 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 Seiryo Electric (TSE:4341) Overvalued in 2026?

Based on GuruFocus' analysis, Seiryo Electric stock appears to be undervalued. The current stock price of 円906.00 is trading 6.3% below its estimated GF Value™ of 円967.43. GuruFocus considers Seiryo Electric to be Fairly Valued.

Key valuation signals for TSE:4341:

  • E10: 円45.05
  • GF Value™: 円967.43 vs. price of 円906.00 (6.3% below fair value)
  • GF Score™: 72/100 with 1 warning sign

No single metric tells the full story. See the TSE:4341 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seiryo Electric Business Description

Address 2-4-27, Dojima, Kita-ku, JRWD Dojima Tower, Osaka, JPN, 530-0003
Seiryo Electric Corp sales and maintains information communications products equipped with visual aids, such as traffic monitoring systems and meteorological observation instruments. Its system solutions include Radio system and Tracking management solution which is designed to monitor in real-time critical information from surveillance systems like live videos from CCTV, and warning notifications can be shown on digital signage system and issued for preventive actions. It also provides consulting, designing and operations of systems. The Group has two reportable segments: the Telecommunications Terminal Business, and the Information and Communications Systems Business.
72GF Score

Get the complete analysis for TSE:4341

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

円906.00
Price
円967.43
GF Value