TOKYO PRINTING INK MFG Co (TSE:4635) E10: 円82.69 (As of Mar. 2026)

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TSE:4635 TOKYO PRINTING INK MFG Co Ltd TSE:4635
58 GF Score
Price 円2,108.00
GF Value 円798.09
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is TOKYO PRINTING INK MFG Co E10?

TOKYO PRINTING INK MFG Co TSE:4635 +0.81% 58 E10 is 円82.69 as of Mar. 2026. GuruFocus rates TSE:4635 with a GF Score™ of 58/100 and a GF Value™ of 円798.09 (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.

TOKYO PRINTING INK MFG Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円2.032. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円82.69 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 10.20% 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 TOKYO PRINTING INK MFG Co was 12.10% per year. The lowest was -2.10% per year. And the median was 6.10% per year.

As of today (2026-08-28), TOKYO PRINTING INK MFG Co's current stock price is 円2108.00. TOKYO PRINTING INK MFG Co's E10 for the quarter that ended in Mar. 2026 was 円82.69. TOKYO PRINTING INK MFG Co's Shiller PE Ratio of today is 25.49.

During the past 13 years, the highest Shiller PE Ratio of TOKYO PRINTING INK MFG Co was 25.30. The lowest was 6.30. And the median was 9.46.


TOKYO PRINTING INK MFG Co  (TSE:4635) 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.

TOKYO PRINTING INK MFG Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2108.00/82.69
=25.49

* 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 TOKYO PRINTING INK MFG Co was 25.30. The lowest was 6.30. And the median was 9.46.


Be Aware

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


TOKYO PRINTING INK MFG Co E10 Related Terms


TOKYO PRINTING INK MFG Co E10 Historical Data

* Premium members only.

The historical data trend for TOKYO PRINTING INK MFG 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.

TOKYO PRINTING INK MFG Co E10 Chart

TOKYO PRINTING INK MFG 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 50.35 61.72 65.76 0.00 82.69

TOKYO PRINTING INK MFG Co 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 74.37 76.05 84.78 82.69 0.00

TSE:4635 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, TOKYO PRINTING INK MFG 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.


TOKYO PRINTING INK MFG Co Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOKYO PRINTING INK MFG Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where TOKYO PRINTING INK MFG Co's Shiller PE Ratio falls into.


TSE:4635
58GF Score
TOKYO PRINTING INK MFG Co Ltd TSE:4635
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TOKYO PRINTING INK MFG 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, TOKYO PRINTING INK MFG 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)
=2.032/112.7000*112.7000
=2.032

Current CPI (Mar. 2026) = 112.7000.

TOKYO PRINTING INK MFG Co Quarterly Data

per share eps CPI Adj_EPS
201603 -8.952 97.900 -10.305
201606 16.460 98.100 18.910
201609 16.573 98.000 19.059
201612 26.561 98.400 30.421
201703 15.532 98.100 17.844
201706 28.286 98.500 32.364
201709 17.168 98.800 19.583
201712 28.119 99.400 31.881
201803 12.064 99.200 13.706
201806 16.236 99.200 18.446
201809 10.338 99.900 11.663
201812 24.646 99.700 27.860
201903 23.678 99.700 26.765
201906 7.090 99.800 8.006
201909 4.844 100.100 5.454
201912 23.308 100.500 26.137
202003 13.560 100.300 15.236
202006 5.002 99.900 5.643
202009 -12.100 99.900 -13.650
202012 34.387 99.300 39.027
202103 18.453 99.900 20.817
202106 15.302 99.500 17.332
202109 16.089 100.100 18.114
202112 20.436 100.100 23.008
202203 3.506 101.100 3.908
202206 3.082 101.800 3.412
202209 5.567 103.100 6.085
202212 264.506 104.100 286.358
202303 -147.746 104.400 -159.492
202306 23.034 105.200 24.676
202309 6.180 106.200 6.558
202312 30.740 106.800 32.438
202403 7.144 107.200 7.511
202406 12.334 108.200 12.847
202409 10.586 108.900 10.955
202503 0.000 111.100 0.000
202506 35.114 111.700 35.428
202509 26.614 112.000 26.780
202512 83.642 113.000 83.420
202603 2.032 112.700 2.032

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82.69 mean?
TOKYO PRINTING INK MFG Co (TSE:4635) has a E10 of 円82.69 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on TOKYO PRINTING INK MFG Co and its competitors.
Is TOKYO PRINTING INK MFG Co's E10 too high?
TOKYO PRINTING INK MFG Co's current E10 is 円82.69. Overall, TOKYO PRINTING INK MFG Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TOKYO PRINTING INK MFG Co's E10 compare to LIN and SHW?
TOKYO PRINTING INK MFG Co's E10 of 円82.69 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 TOKYO PRINTING INK MFG Co and its competitors. TOKYO PRINTING INK MFG Co's current E10 is 円82.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOKYO PRINTING INK MFG Co stock overvalued right now?
Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co (TSE:4635) is currently considered Significantly Overvalued. The stock's GF Value™ is 円798.09, compared to a current price of 円2,108.00 — trading 164.1% above its estimated fair value. The current E10 is 円82.69. TOKYO PRINTING INK MFG Co's overall GF Score™ is 58/100 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 TOKYO PRINTING INK MFG Co (TSE:4635), the current E10 is 円82.69 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 TOKYO PRINTING INK MFG Co (TSE:4635) Overvalued in 2026?

Based on GuruFocus' analysis, TOKYO PRINTING INK MFG Co stock appears to be overvalued. The current stock price of 円2,108.00 is trading 164.1% above its estimated GF Value™ of 円798.09. GuruFocus considers TOKYO PRINTING INK MFG Co to be Significantly Overvalued.

Key valuation signals for TSE:4635:

  • E10: 円82.69
  • GF Value™: 円798.09 vs. price of 円2,108.00 (164.1% above fair value)
  • GF Score™: 58/100 with 3 warning signs

No single metric tells the full story. See the TSE:4635 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TOKYO PRINTING INK MFG Co Business Description

Address 1-12-4 Oji, Kita-ku, Tokyo, JPN
TOKYO PRINTING INK MFG Co Ltd is the speciality chemicals manufacturing company. The core business segments of the company comprise of the followings - Ink business, Chemical Products, and Processed Products business. Ink business offers offset printing, gravure ink, inkjet ink, high performance, and high-quality printer ink. Chemical Products includes colorant for plastics, functional additives for plastics, and other functional products. The Processed Products business supply packaging materials, civil engineering materials and agricultural materials for various industrial applications.
58GF Score

Get the complete analysis for TSE:4635

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

円2,108.00
Price
円798.09
GF Value