Nicca Chemical Co (TSE:4463) E10: 円125.20 (As of Jun. 2026)

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TSE:4463 Nicca Chemical Co Ltd TSE:4463
53 GF Score
Price 円2,001.00
GF Value 円1,410.00
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Nicca Chemical Co E10?

Nicca Chemical Co TSE:4463 -1.53% 53 E10 is 円125.20 as of Jun. 2026. GuruFocus rates TSE:4463 with a GF Score™ of 53/100 and a GF Value™ of 円1,410.00 (Significantly Overvalued). The stock has 3 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.

Nicca Chemical Co's adjusted earnings per share data for the three months ended in Jun. 2026 was 円64.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円125.20 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was 2.70% 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 Nicca Chemical Co was 10.60% per year. The lowest was 2.70% per year. And the median was 9.15% per year.

As of today (2026-08-27), Nicca Chemical Co's current stock price is 円2001.00. Nicca Chemical Co's E10 for the quarter that ended in Jun. 2026 was 円125.20. Nicca Chemical Co's Shiller PE Ratio of today is 15.98.

During the past 13 years, the highest Shiller PE Ratio of Nicca Chemical Co was 19.61. The lowest was 7.51. And the median was 11.42.


Nicca Chemical Co  (TSE:4463) 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.

Nicca Chemical Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2001.00/125.20
=15.98

* 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 Nicca Chemical Co was 19.61. The lowest was 7.51. And the median was 11.42.


Be Aware

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


Nicca Chemical Co E10 Related Terms


Nicca Chemical Co E10 Historical Data

* Premium members only.

The historical data trend for Nicca Chemical 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.

Nicca Chemical Co E10 Chart

Nicca Chemical Co 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 93.94 103.58 100.17 0.00 112.36

Nicca Chemical Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 0.00 109.68 112.36 113.76 125.20

TSE:4463 vs DOW: E10 Comparison

For the Chemicals subindustry, Nicca Chemical 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.


Nicca Chemical Co Shiller PE Ratio vs Chemicals Industry

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

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


TSE:4463
53GF Score
Nicca Chemical Co Ltd TSE:4463
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nicca Chemical 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, Nicca Chemical Co'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)
=64.49/113.6000*113.6000
=64.490

Current CPI (Jun. 2026) = 113.6000.

Nicca Chemical Co Quarterly Data

per share eps CPI Adj_EPS
201603 14.210 97.900 16.489
201606 11.430 98.100 13.236
201609 -12.236 98.000 -14.184
201612 8.640 98.400 9.975
201703 9.440 98.100 10.932
201706 26.958 98.500 31.091
201709 21.520 98.800 24.744
201712 30.510 99.400 34.869
201803 81.820 99.200 93.697
201806 34.760 99.200 39.806
201809 16.060 99.900 18.262
201812 24.022 99.700 27.371
201903 -3.730 99.700 -4.250
201906 24.659 99.800 28.069
201909 15.993 100.100 18.150
201912 20.350 100.500 23.003
202003 6.650 100.300 7.532
202006 4.517 99.900 5.136
202009 25.210 99.900 28.667
202012 29.991 99.300 34.310
202103 65.720 99.900 74.733
202106 34.870 99.500 39.811
202109 46.010 100.100 52.215
202112 18.208 100.100 20.664
202203 33.000 101.100 37.080
202206 34.109 101.800 38.063
202209 51.544 103.100 56.793
202212 15.390 104.100 16.794
202303 1.740 104.400 1.893
202306 16.320 105.200 17.623
202309 46.398 106.200 49.631
202312 42.581 106.800 45.292
202403 20.140 107.200 21.342
202406 56.809 108.200 59.644
202412 0.000 110.700 0.000
202506 0.000 111.700 0.000
202509 38.830 112.000 39.385
202512 48.520 113.000 48.778
202603 57.780 112.700 58.241
202606 64.490 113.600 64.490

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125.20 mean?
Nicca Chemical Co (TSE:4463) has a E10 of 円125.20 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nicca Chemical Co and its competitors.
Is Nicca Chemical Co's E10 too high?
Nicca Chemical Co's current E10 is 円125.20. Overall, Nicca Chemical Co has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nicca Chemical Co's E10 compare to DOW?
Nicca Chemical Co's E10 of 円125.20 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 Nicca Chemical Co and its competitors. Nicca Chemical Co's current E10 is 円125.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nicca Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Nicca Chemical Co (TSE:4463) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,410.00, compared to a current price of 円2,001.00 — trading 41.9% above its estimated fair value. The current E10 is 円125.20. Nicca Chemical Co's overall GF Score™ is 53/100 with 3 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 Nicca Chemical Co (TSE:4463), the current E10 is 円125.20 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 Nicca Chemical Co (TSE:4463) Overvalued in 2026?

Based on GuruFocus' analysis, Nicca Chemical Co stock appears to be overvalued. The current stock price of 円2,001.00 is trading 41.9% above its estimated GF Value™ of 円1,410.00. GuruFocus considers Nicca Chemical Co to be Significantly Overvalued.

Key valuation signals for TSE:4463:

  • E10: 円125.20
  • GF Value™: 円1,410.00 vs. price of 円2,001.00 (41.9% above fair value)
  • GF Score™: 53/100 with 3 warning signs

No single metric tells the full story. See the TSE:4463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nicca Chemical Co Business Description

Address 23-1, Bunkyo 4-chome, Fukui, JPN, 910-8670
Nicca Chemical Co Ltd is engaged in the chemical business. It manufactures and sells surfactants for the textile chemicals, metals, pulp and paper, paints, dyes, and synthetic resins, cosmetics, and pharmaceutical products. It also offers a range of surfactants for dry cleaning and professional cleaning agents. The company's segment includes Chemicals and Cosmetics. The company generates the majority of its revenue from Chemicals.
53GF Score

Get the complete analysis for TSE:4463

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

円2,001.00
Price
円1,410.00
GF Value