Dexerials (TSE:4980) E10: 円76.80 (As of Mar. 2026)


TSE:4980 Dexerials Corp TSE:4980
81 GF Score
Price 円4,277.00
GF Value 円2,324.95
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Dexerials E10?

Dexerials TSE:4980 -2.95% 81 E10 is 円76.80 as of Mar. 2026. GuruFocus rates TSE:4980 with a GF Score™ of 81/100 and a GF Value™ of 円2,324.95 (Significantly Overvalued). The stock has 7 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.

Dexerials's adjusted earnings per share data for the three months ended in Mar. 2026 was 円38.780. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円76.80 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dexerials's average E10 Growth Rate was 22.60% 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.

As of today (2026-06-29), Dexerials's current stock price is 円4277.00. Dexerials's E10 for the quarter that ended in Mar. 2026 was 円76.80. Dexerials's Shiller PE Ratio of today is 55.69.

During the past 12 years, the highest Shiller PE Ratio of Dexerials was 63.27. The lowest was 23.74. And the median was 33.35.


Dexerials  (TSE:4980) 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.

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

Shiller PE Ratio=Share Price/E10
=4277.00/76.80
=55.69

* 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 12 years, the highest Shiller P/E Ratio of Dexerials was 63.27. The lowest was 23.74. And the median was 33.35.


Be Aware

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


Dexerials E10 Related Terms


Dexerials E10 Historical Data

* Premium members only.

The historical data trend for Dexerials'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.

Dexerials E10 Chart

Dexerials 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 0.00 0.00 0.00 62.63 76.80

Dexerials 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 62.63 65.39 69.16 73.18 76.80

TSE:4980 vs APH, GLW: E10 Comparison

For the Electronic Components subindustry, Dexerials'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.


Dexerials Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Dexerials's Shiller PE Ratio distribution charts can be found below:

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


TSE:4980
81GF Score
Dexerials Corp TSE:4980
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dexerials 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, Dexerials'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)
=38.78/112.7000*112.7000
=38.780

Current CPI (Mar. 2026) = 112.7000.

Dexerials Quarterly Data

per share eps CPI Adj_EPS
201606 0.500 98.100 0.574
201609 -0.317 98.000 -0.365
201612 6.207 98.400 7.109
201703 -1.180 98.100 -1.356
201706 6.797 98.500 7.777
201709 8.100 98.800 9.240
201712 8.947 99.400 10.144
201803 -5.197 99.200 -5.904
201806 2.377 99.200 2.700
201809 5.613 99.900 6.332
201812 6.143 99.700 6.944
201903 -1.680 99.700 -1.899
201906 3.087 99.800 3.486
201909 8.230 100.100 9.266
201912 4.167 100.500 4.673
202003 -0.540 100.300 -0.607
202006 4.237 99.900 4.780
202009 7.337 99.900 8.277
202012 10.913 99.300 12.386
202103 6.533 99.900 7.370
202106 16.093 99.500 18.228
202109 25.683 100.100 28.916
202112 27.347 100.100 30.789
202203 21.803 101.100 24.305
202206 25.873 101.800 28.643
202209 43.493 103.100 47.543
202212 34.820 104.100 37.697
202303 12.073 104.400 13.033
202306 18.450 105.200 19.765
202309 38.360 106.200 40.708
202312 36.946 106.800 38.987
202403 27.157 107.200 28.550
202406 38.907 108.200 40.525
202409 49.263 108.900 50.982
202412 41.860 110.700 42.616
202503 24.990 111.100 25.350
202506 31.700 111.700 31.984
202509 44.690 112.000 44.969
202512 44.860 113.000 44.741
202603 38.780 112.700 38.780

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76.80 mean?
Dexerials (TSE:4980) has a E10 of 円76.80 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dexerials and its competitors.
Is Dexerials' E10 too high?
Dexerials' current E10 is 円76.80. Overall, Dexerials has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dexerials' E10 compare to APH and GLW?
Dexerials' E10 of 円76.80 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Dexerials and its competitors. Dexerials's current E10 is 円76.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dexerials stock overvalued right now?
Based on GuruFocus' analysis, Dexerials (TSE:4980) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,324.95, compared to a current price of 円4,277.00 — trading 84% above its estimated fair value. The current E10 is 円76.80. Dexerials' overall GF Score™ is 81/100 with 7 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 Dexerials (TSE:4980), the current E10 is 円76.80 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 Dexerials (TSE:4980) Overvalued in 2026?

Based on GuruFocus' analysis, Dexerials stock appears to be overvalued. The current stock price of 円4,277.00 is trading 84% above its estimated GF Value™ of 円2,324.95. GuruFocus considers Dexerials to be Significantly Overvalued.

Key valuation signals for TSE:4980:

  • E10: 円76.80
  • GF Value™: 円2,324.95 vs. price of 円4,277.00 (84% above fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the TSE:4980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dexerials Business Description

Other Exchanges DEXCF:USA
Address 1724 Shimotsuboyama, Tochigi Prefecture, Shimotsuke, JPN, 323-0194
Dexerials Corp is engaged in the manufacture and sale of electronic components, bonding materials, and optical materials. The company operates through two reportable segments: Optical Materials and Components, which includes products such as anti-reflection films, UV-curable resins for optical discs, optical elastic resin, and phosphor films; and Electronic Materials and Components, which includes industrial functional adhesives, anisotropic conductive films, surface-mount fuses, inorganic polarizers, and semiconductor-related materials.
81GF Score

Get the complete analysis for TSE:4980

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

円4,277.00
Price
円2,324.95
GF Value