Medical System Network Co (TSE:4350) E10: 円42.02 (As of Mar. 2026)


TSE:4350 Medical System Network Co Ltd TSE:4350
66 GF Score
Price 円473.00
GF Value 円521.78
Valuation Fairly Valued
! 4 Warning Signs
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What is Medical System Network Co E10?

Medical System Network Co TSE:4350 +0.85% 66 E10 is 円42.02 as of Mar. 2026. GuruFocus rates TSE:4350 with a GF Score™ of 66/100 and a GF Value™ of 円521.78 (Fairly Valued). The stock has 4 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.

Medical System Network Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円2.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円42.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Medical System Network Co's average E10 Growth Rate was -5.80% per year. During the past 3 years, the average E10 Growth Rate was 2.80% per year. During the past 5 years, the average E10 Growth Rate was 6.70% 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 Medical System Network Co was 12.80% per year. The lowest was 2.80% per year. And the median was 8.00% per year.

As of today (2026-06-30), Medical System Network Co's current stock price is 円473.00. Medical System Network Co's E10 for the quarter that ended in Mar. 2026 was 円42.02. Medical System Network Co's Shiller PE Ratio of today is 11.26.

During the past 13 years, the highest Shiller PE Ratio of Medical System Network Co was 29.15. The lowest was 8.32. And the median was 13.34.


Medical System Network Co  (TSE:4350) 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.

Medical System Network Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=473.00/42.02
=11.26

* 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 Medical System Network Co was 29.15. The lowest was 8.32. And the median was 13.34.


Be Aware

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


Medical System Network Co E10 Related Terms


Medical System Network Co E10 Historical Data

* Premium members only.

The historical data trend for Medical System Network 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.

Medical System Network Co E10 Chart

Medical System Network 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 35.43 38.73 42.87 44.59 42.02

Medical System Network 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 44.59 43.26 43.32 44.13 42.02

Medical System Network Co E10 Competitor Comparison

For the Pharmaceutical Retailers subindustry, Medical System Network 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.


Medical System Network Co Shiller PE Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medical System Network Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Medical System Network Co's Shiller PE Ratio falls into.


TSE:4350
66GF Score
Medical System Network Co Ltd TSE:4350
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Medical System Network 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, Medical System Network 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)
=2.08/112.7000*112.7000
=2.080

Current CPI (Mar. 2026) = 112.7000.

Medical System Network Co Quarterly Data

per share eps CPI Adj_EPS
201606 -0.330 98.100 -0.379
201609 2.533 98.000 2.913
201612 8.950 98.400 10.251
201703 8.100 98.100 9.306
201706 9.790 98.500 11.201
201709 2.490 98.800 2.840
201712 19.623 99.400 22.249
201803 2.540 99.200 2.886
201806 3.330 99.200 3.783
201809 0.590 99.900 0.666
201812 8.210 99.700 9.281
201903 2.910 99.700 3.289
201906 3.200 99.800 3.614
201909 3.970 100.100 4.470
201912 3.550 100.500 3.981
202003 -40.230 100.300 -45.204
202006 -6.630 99.900 -7.479
202009 25.475 99.900 28.739
202012 46.927 99.300 53.260
202103 6.135 99.900 6.921
202106 19.370 99.500 21.940
202109 28.090 100.100 31.626
202112 23.620 100.100 26.593
202203 8.270 101.100 9.219
202206 3.020 101.800 3.343
202209 13.619 103.100 14.887
202212 22.960 104.100 24.857
202303 13.751 104.400 14.844
202306 4.920 105.200 5.271
202309 23.620 106.200 25.066
202312 27.569 106.800 29.092
202403 5.714 107.200 6.007
202406 5.850 108.200 6.093
202409 1.230 108.900 1.273
202412 42.360 110.700 43.125
202503 -6.240 111.100 -6.330
202506 2.690 111.700 2.714
202509 12.790 112.000 12.870
202512 19.080 113.000 19.029
202603 2.080 112.700 2.080

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42.02 mean?
Medical System Network Co (TSE:4350) has a E10 of 円42.02 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Medical System Network Co and its competitors.
Is Medical System Network Co's E10 too high?
Medical System Network Co's current E10 is 円42.02. Overall, Medical System Network Co has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Medical System Network Co's E10 compare to competitors?
Medical System Network Co's E10 of 円42.02 can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good E10 depends on the Healthcare Providers & 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 Medical System Network Co and its competitors. Medical System Network Co's current E10 is 円42.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medical System Network Co stock overvalued right now?
Based on GuruFocus' analysis, Medical System Network Co (TSE:4350) is currently considered Fairly Valued. The stock's GF Value™ is 円521.78, compared to a current price of 円473.00 — trading 9.3% below its estimated fair value. The current E10 is 円42.02. Medical System Network Co's overall GF Score™ is 66/100 with 4 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 Medical System Network Co (TSE:4350), the current E10 is 円42.02 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 Medical System Network Co (TSE:4350) Overvalued in 2026?

Based on GuruFocus' analysis, Medical System Network Co stock appears to be undervalued. The current stock price of 円473.00 is trading 9.3% below its estimated GF Value™ of 円521.78. GuruFocus considers Medical System Network Co to be Fairly Valued.

Key valuation signals for TSE:4350:

  • E10: 円42.02
  • GF Value™: 円521.78 vs. price of 円473.00 (9.3% below fair value)
  • GF Score™: 66/100 with 4 warning signs

No single metric tells the full story. See the TSE:4350 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Medical System Network Co Business Description

Address AKK floor Building 6 at 3-chome, Kita 24-jo Nishi 10, Chuo-ku, Sapporo, JPN, 060-0010
Medical System Network Co Ltd is involved in its network business of dispensing pharmacy business. It also operates a network database used by pharmacies to access patients' prescriptions. It operates through the following business divisions: Pharmaceutical Product Network; Dispensing Pharmacy; Leasing and Equipment-related Business; Food Supply business and others.
66GF Score

Get the complete analysis for TSE:4350

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

円473.00
Price
円521.78
GF Value