Nitta Gelatin (TSE:4977) E10: 円45.79 (As of Mar. 2026)

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TSE:4977 Nitta Gelatin Inc TSE:4977
74 GF Score
Price 円1,350.00
GF Value 円771.14
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nitta Gelatin E10?

Nitta Gelatin TSE:4977 +1.28% 74 E10 is 円45.79 as of Mar. 2026. GuruFocus rates TSE:4977 with a GF Score™ of 74/100 and a GF Value™ of 円771.14 (Significantly Overvalued). 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.

Nitta Gelatin's adjusted earnings per share data for the three months ended in Mar. 2026 was 円58.639. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円45.79 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nitta Gelatin's average E10 Growth Rate was 51.00% per year. During the past 3 years, the average E10 Growth Rate was 15.40% per year. During the past 5 years, the average E10 Growth Rate was 1.10% 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 Nitta Gelatin was 15.40% per year. The lowest was -24.20% per year. And the median was -5.55% per year.

As of today (2026-08-07), Nitta Gelatin's current stock price is 円1350.00. Nitta Gelatin's E10 for the quarter that ended in Mar. 2026 was 円45.79. Nitta Gelatin's Shiller PE Ratio of today is 29.48.

During the past 13 years, the highest Shiller PE Ratio of Nitta Gelatin was 57.32. The lowest was 13.62. And the median was 25.44.


Nitta Gelatin  (TSE:4977) 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.

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

Shiller PE Ratio=Share Price/E10
=1350.00/45.79
=29.48

* 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 Nitta Gelatin was 57.32. The lowest was 13.62. And the median was 25.44.


Be Aware

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


Nitta Gelatin E10 Related Terms


Nitta Gelatin E10 Historical Data

* Premium members only.

The historical data trend for Nitta Gelatin'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.

Nitta Gelatin E10 Chart

Nitta Gelatin 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 30.88 29.77 16.12 30.33 45.79

Nitta Gelatin Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 30.33 0.00 0.00 0.00 45.79

TSE:4977 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Nitta Gelatin'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.


Nitta Gelatin Shiller PE Ratio vs Chemicals Industry

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

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


TSE:4977
74GF Score
Nitta Gelatin Inc TSE:4977
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitta Gelatin 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, Nitta Gelatin'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)
=58.639/112.7000*112.7000
=58.639

Current CPI (Mar. 2026) = 112.7000.

Nitta Gelatin Quarterly Data

per share eps CPI Adj_EPS
201512 0.000 98.100 0.000
201603 18.000 97.900 20.721
201606 0.000 98.100 0.000
201609 22.050 98.000 25.358
201612 0.000 98.400 0.000
201703 15.690 98.100 18.025
201706 0.000 98.500 0.000
201709 18.740 98.800 21.376
201712 0.000 99.400 0.000
201803 -51.350 99.200 -58.338
201806 0.000 99.200 0.000
201809 69.230 99.900 78.100
201812 0.000 99.700 0.000
201903 -15.380 99.700 -17.385
201906 0.000 99.800 0.000
201909 35.630 100.100 40.115
201912 0.000 100.500 0.000
202003 -73.420 100.300 -82.497
202006 0.000 99.900 0.000
202009 19.410 99.900 21.897
202012 0.000 99.300 0.000
202103 21.580 99.900 24.345
202106 0.000 99.500 0.000
202109 20.690 100.100 23.294
202112 0.000 100.100 0.000
202203 19.470 101.100 21.704
202206 0.000 101.800 0.000
202209 50.330 103.100 55.016
202212 0.000 104.100 0.000
202303 35.650 104.400 38.484
202306 0.000 105.200 0.000
202309 38.080 106.200 40.411
202312 0.000 106.800 0.000
202403 -140.060 107.200 -147.246
202409 45.170 108.900 46.746
202503 128.744 111.100 130.598
202506 0.000 111.700 0.000
202509 121.880 112.000 122.642
202512 0.000 113.000 0.000
202603 58.639 112.700 58.639

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45.79 mean?
Nitta Gelatin (TSE:4977) has a E10 of 円45.79 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nitta Gelatin and its competitors.
Is Nitta Gelatin's E10 too high?
Nitta Gelatin's current E10 is 円45.79. Overall, Nitta Gelatin has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitta Gelatin's E10 compare to LIN and SHW?
Nitta Gelatin's E10 of 円45.79 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 Nitta Gelatin and its competitors. Nitta Gelatin's current E10 is 円45.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitta Gelatin stock overvalued right now?
Based on GuruFocus' analysis, Nitta Gelatin (TSE:4977) is currently considered Significantly Overvalued. The stock's GF Value™ is 円771.14, compared to a current price of 円1,350.00 — trading 75.1% above its estimated fair value. The current E10 is 円45.79. Nitta Gelatin's overall GF Score™ is 74/100 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 Nitta Gelatin (TSE:4977), the current E10 is 円45.79 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 Nitta Gelatin (TSE:4977) Overvalued in 2026?

Based on GuruFocus' analysis, Nitta Gelatin stock appears to be overvalued. The current stock price of 円1,350.00 is trading 75.1% above its estimated GF Value™ of 円771.14. GuruFocus considers Nitta Gelatin to be Significantly Overvalued.

Key valuation signals for TSE:4977:

  • E10: 円45.79
  • GF Value™: 円771.14 vs. price of 円1,350.00 (75.1% above fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the TSE:4977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitta Gelatin Business Description

Address 4-4-26 Sakuragawa, Naniwa-ku, Osaka, JPN, 556-0022
Nitta Gelatin Inc is a manufacturer of gelatin products. It manufactures and sells gelatin, collagen peptides, collagen casing, collagen, and other products made from animal bones and skin or fish scales and skin.
74GF Score

Get the complete analysis for TSE:4977

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

円1,350.00
Price
円771.14
GF Value