Tri Chemical Laboratories (TSE:4369) E10: 円114.44 (As of Apr. 2026)

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TSE:4369 Tri Chemical Laboratories Inc TSE:4369
88 GF Score
Price 円3,190.00
GF Value 円5,112.01
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Tri Chemical Laboratories E10?

Tri Chemical Laboratories TSE:4369 -6.45% 88 E10 is 円114.44 as of Apr. 2026. GuruFocus rates TSE:4369 with a GF Score™ of 88/100 and a GF Value™ of 円5,112.01 (Significantly Undervalued). 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.

Tri Chemical Laboratories's adjusted earnings per share data for the three months ended in Apr. 2026 was 円57.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円114.44 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Tri Chemical Laboratories's average E10 Growth Rate was 18.80% per year. During the past 3 years, the average E10 Growth Rate was 17.90% per year. During the past 5 years, the average E10 Growth Rate was 23.50% 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 Tri Chemical Laboratories was 42.40% per year. The lowest was 17.90% per year. And the median was 26.50% per year.

As of today (2026-07-21), Tri Chemical Laboratories's current stock price is 円3190.00. Tri Chemical Laboratories's E10 for the quarter that ended in Apr. 2026 was 円114.44. Tri Chemical Laboratories's Shiller PE Ratio of today is 27.87.

During the past 13 years, the highest Shiller PE Ratio of Tri Chemical Laboratories was 124.15. The lowest was 24.01. And the median was 53.72.


Tri Chemical Laboratories  (TSE:4369) 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.

Tri Chemical Laboratories's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3190.00/114.44
=27.87

* 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 Tri Chemical Laboratories was 124.15. The lowest was 24.01. And the median was 53.72.


Be Aware

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


Tri Chemical Laboratories E10 Related Terms


Tri Chemical Laboratories E10 Historical Data

* Premium members only.

The historical data trend for Tri Chemical Laboratories'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.

Tri Chemical Laboratories E10 Chart

Tri Chemical Laboratories Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.59 66.86 75.67 92.83 109.57

Tri Chemical Laboratories Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 96.30 101.00 105.30 109.57 114.44

TSE:4369 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Tri Chemical Laboratories'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.


Tri Chemical Laboratories Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tri Chemical Laboratories's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tri Chemical Laboratories's Shiller PE Ratio falls into.


TSE:4369
88GF Score
Tri Chemical Laboratories Inc TSE:4369
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tri Chemical Laboratories 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, Tri Chemical Laboratories's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=57.09/113.0000*113.0000
=57.090

Current CPI (Apr. 2026) = 113.0000.

Tri Chemical Laboratories Quarterly Data

per share eps CPI Adj_EPS
201607 4.893 97.900 5.648
201610 3.440 98.600 3.942
201701 8.140 98.200 9.367
201704 8.210 98.500 9.419
201707 8.860 98.300 10.185
201710 9.448 98.800 10.806
201801 10.145 99.500 11.521
201804 11.930 99.100 13.603
201807 14.848 99.200 16.914
201810 23.107 100.200 26.059
201901 22.670 99.700 25.694
201904 22.700 100.000 25.651
201907 21.420 99.800 24.253
201910 21.923 100.400 24.674
202001 28.035 100.500 31.522
202004 27.660 100.200 31.193
202007 29.826 100.000 33.703
202010 28.086 99.800 31.801
202101 22.500 99.800 25.476
202104 29.360 99.100 33.478
202107 28.840 99.700 32.687
202110 39.309 99.900 44.464
202201 28.790 100.300 32.435
202204 39.800 101.500 44.309
202207 43.393 102.300 47.932
202210 51.420 103.700 56.031
202301 14.080 104.700 15.196
202304 30.540 105.100 32.836
202307 14.180 105.700 15.159
202310 12.157 107.100 12.827
202401 19.150 106.900 20.243
202404 25.000 107.700 26.230
202407 37.510 108.600 39.030
202410 36.780 109.500 37.956
202501 53.400 111.200 54.264
202504 37.160 111.500 37.660
202507 48.290 111.900 48.765
202510 38.310 112.800 38.378
202601 45.960 112.900 46.001
202604 57.090 113.000 57.090

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114.44 mean?
Tri Chemical Laboratories (TSE:4369) has a E10 of 円114.44 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tri Chemical Laboratories and its competitors.
Is Tri Chemical Laboratories' E10 too high?
Tri Chemical Laboratories' current E10 is 円114.44. Overall, Tri Chemical Laboratories has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tri Chemical Laboratories' E10 compare to LIN and SHW?
Tri Chemical Laboratories' E10 of 円114.44 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 Tri Chemical Laboratories and its competitors. Tri Chemical Laboratories's current E10 is 円114.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tri Chemical Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Tri Chemical Laboratories (TSE:4369) is currently considered Significantly Undervalued. The stock's GF Value™ is 円5,112.01, compared to a current price of 円3,190.00 — trading 37.6% below its estimated fair value. The current E10 is 円114.44. Tri Chemical Laboratories' overall GF Score™ is 88/100 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 Tri Chemical Laboratories (TSE:4369), the current E10 is 円114.44 as of Apr. 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 Tri Chemical Laboratories (TSE:4369) Overvalued in 2026?

Based on GuruFocus' analysis, Tri Chemical Laboratories stock appears to be undervalued. The current stock price of 円3,190.00 is trading 37.6% below its estimated GF Value™ of 円5,112.01. GuruFocus considers Tri Chemical Laboratories to be Significantly Undervalued.

Key valuation signals for TSE:4369:

  • E10: 円114.44
  • GF Value™: 円5,112.01 vs. price of 円3,190.00 (37.6% below fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the TSE:4369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tri Chemical Laboratories Business Description

Other Exchanges 22E:Germany
Address 8154-217 Uenohara, Uenohara-shi, Yamanashi, JPN, 409-0112
Tri Chemical Laboratories Inc is engaged in the manufacturing of high-purity chemical compounds for the semiconductor industry.
88GF Score

Get the complete analysis for TSE:4369

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

円3,190.00
Price
円5,112.01
GF Value