Shionogi (TSE:4507) E10: 円168.79 (As of Mar. 2026)


TSE:4507 Shionogi & Co Ltd TSE:4507
93 GF Score
Price 円2,789.00
GF Value 円2,912.68
Valuation Fairly Valued
! 2 Warning Signs
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What is Shionogi E10?

Shionogi TSE:4507 -0.59% 93 E10 is 円168.79 as of Mar. 2026. GuruFocus rates TSE:4507 with a GF Score™ of 93/100 and a GF Value™ of 円2,912.68 (Fairly Valued). 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.

Shionogi's adjusted earnings per share data for the three months ended in Mar. 2026 was 円55.130. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円168.79 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shionogi's average E10 Growth Rate was 12.40% per year. During the past 3 years, the average E10 Growth Rate was 14.30% per year. During the past 5 years, the average E10 Growth Rate was 15.00% per year. During the past 10 years, the average E10 Growth Rate was 15.30% 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 Shionogi was 17.60% per year. The lowest was 13.30% per year. And the median was 15.55% per year.

As of today (2026-06-30), Shionogi's current stock price is 円2789.00. Shionogi's E10 for the quarter that ended in Mar. 2026 was 円168.79. Shionogi's Shiller PE Ratio of today is 16.52.

During the past 13 years, the highest Shiller PE Ratio of Shionogi was 45.41. The lowest was 14.37. And the median was 23.71.


Shionogi  (TSE:4507) 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.

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

Shiller PE Ratio=Share Price/E10
=2789.00/168.79
=16.52

* 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 Shionogi was 45.41. The lowest was 14.37. And the median was 23.71.


Be Aware

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


Shionogi E10 Related Terms


Shionogi E10 Historical Data

* Premium members only.

The historical data trend for Shionogi'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.

Shionogi E10 Chart

Shionogi 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 96.32 113.06 130.18 150.19 168.79

Shionogi 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 150.19 154.52 158.78 166.62 168.79

TSE:4507 vs ZTS, UTHR: E10 Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Shionogi'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.


Shionogi Shiller PE Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shionogi's Shiller PE Ratio distribution charts can be found below:

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


TSE:4507
93GF Score
Shionogi & Co Ltd TSE:4507
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shionogi 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, Shionogi'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)
=55.13/112.7000*112.7000
=55.130

Current CPI (Mar. 2026) = 112.7000.

Shionogi Quarterly Data

per share eps CPI Adj_EPS
201606 12.637 98.100 14.518
201609 18.813 98.000 21.635
201612 36.950 98.400 42.320
201703 16.890 98.100 19.404
201706 16.477 98.500 18.852
201709 35.330 98.800 40.301
201712 30.293 99.400 34.346
201803 30.377 99.200 34.511
201806 33.317 99.200 37.851
201809 27.230 99.900 30.719
201812 38.713 99.700 43.761
201903 45.643 99.700 51.594
201906 29.007 99.800 32.756
201909 29.137 100.100 32.805
201912 43.093 100.500 48.324
202003 30.623 100.300 34.409
202006 26.860 99.900 30.302
202009 29.907 99.900 33.739
202012 39.637 99.300 44.986
202103 25.160 99.900 28.384
202106 35.637 99.500 40.365
202109 23.090 100.100 25.996
202112 19.750 100.100 22.236
202203 47.733 101.100 53.210
202206 38.377 101.800 42.486
202209 24.987 103.100 27.314
202212 113.327 104.100 122.689
202303 31.157 104.400 33.634
202306 48.190 105.200 51.626
202309 54.673 106.200 58.019
202312 42.297 106.800 44.634
202403 40.863 107.200 42.960
202406 36.010 108.200 37.508
202409 61.690 108.900 63.843
202412 59.550 110.700 60.626
202503 43.040 111.100 43.660
202506 46.250 111.700 46.664
202509 51.910 112.000 52.234
202512 87.750 113.000 87.517
202603 55.130 112.700 55.130

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168.79 mean?
Shionogi (TSE:4507) has a E10 of 円168.79 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shionogi and its competitors.
Is Shionogi's E10 too high?
Shionogi's current E10 is 円168.79. Overall, Shionogi has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shionogi's E10 compare to ZTS and UTHR?
Shionogi's E10 of 円168.79 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good E10 depends on the Drug Manufacturers 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 Shionogi and its competitors. Shionogi's current E10 is 円168.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shionogi stock overvalued right now?
Based on GuruFocus' analysis, Shionogi (TSE:4507) is currently considered Fairly Valued. The stock's GF Value™ is 円2,912.68, compared to a current price of 円2,789.00 — trading 4.2% below its estimated fair value. The current E10 is 円168.79. Shionogi's overall GF Score™ is 93/100 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 Shionogi (TSE:4507), the current E10 is 円168.79 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 Shionogi (TSE:4507) Overvalued in 2026?

Based on GuruFocus' analysis, Shionogi stock appears to be undervalued. The current stock price of 円2,789.00 is trading 4.2% below its estimated GF Value™ of 円2,912.68. GuruFocus considers Shionogi to be Fairly Valued.

Key valuation signals for TSE:4507:

  • E10: 円168.79
  • GF Value™: 円2,912.68 vs. price of 円2,789.00 (4.2% below fair value)
  • GF Score™: 93/100 with 2 warning signs

No single metric tells the full story. See the TSE:4507 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shionogi Business Description

Address 3-1-8 Doshomachi, Chuo-ku, Osaka, JPN, 541-0045
Shionogi & Co Ltd is a specialty and generic drug manufacturing company. The company focuses on the manufacturing and distribution of pharmaceuticals, diagnostic reagents, and medical devices. The company engages in manufacturing, formulation, packaging, and analysis as part of its commercialization research that spans late-stage drug discovery through commercial production. It provides products and services in Japan, Europe, North America, and other regions.
93GF Score

Get the complete analysis for TSE:4507

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

円2,789.00
Price
円2,912.68
GF Value