Moresco (TSE:5018) E10: 円143.78 (As of Feb. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:5018 Moresco Corp TSE:5018
72 GF Score
Price 円2,351.00
GF Value 円1,400.01
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Moresco E10?

Moresco TSE:5018 +3.57% 72 E10 is 円143.78 as of Feb. 2026. GuruFocus rates TSE:5018 with a GF Score™ of 72/100 and a GF Value™ of 円1,400.01 (Significantly Overvalued). The stock has 4 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.

Moresco's adjusted earnings per share data for the three months ended in Feb. 2026 was 円38.180. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円143.78 for the trailing ten years ended in Feb. 2026.

During the past 3 years, the average E10 Growth Rate was 0.70% 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 Moresco was 4.40% per year. The lowest was 0.70% per year. And the median was 2.05% per year.

As of today (2026-08-30), Moresco's current stock price is 円2351.00. Moresco's E10 for the quarter that ended in Feb. 2026 was 円143.78. Moresco's Shiller PE Ratio of today is 16.35.

During the past 13 years, the highest Shiller PE Ratio of Moresco was 16.35. The lowest was 5.51. And the median was 8.76.


Moresco  (TSE:5018) 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.

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

Shiller PE Ratio=Share Price/E10
=2351.00/143.78
=16.35

* 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 Moresco was 16.35. The lowest was 5.51. And the median was 8.76.


Be Aware

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


Moresco E10 Related Terms


Moresco E10 Historical Data

* Premium members only.

The historical data trend for Moresco'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.

Moresco E10 Chart

Moresco Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.96 140.62 143.66 0.00 143.78

Moresco Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 143.52 141.72 147.20 143.78 0.00

TSE:5018 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Moresco'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.


Moresco Shiller PE Ratio vs Chemicals Industry

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

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


TSE:5018
72GF Score
Moresco Corp TSE:5018
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Moresco 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, Moresco's adjusted earnings per share data for the three months ended in Feb. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=38.18/112.2000*112.2000
=38.180

Current CPI (Feb. 2026) = 112.2000.

Moresco Quarterly Data

per share eps CPI Adj_EPS
201602 32.998 97.800 37.857
201605 37.520 98.200 42.869
201608 28.032 97.900 32.127
201611 55.858 98.600 63.563
201702 44.066 98.100 50.400
201705 36.730 98.600 41.796
201708 33.640 98.500 38.319
201711 49.302 99.100 55.819
201802 48.010 99.500 54.138
201805 43.600 99.300 49.264
201808 37.748 99.800 42.438
201811 52.187 100.000 58.554
201902 15.014 99.700 16.896
201905 18.430 100.000 20.678
201908 17.099 100.000 19.185
201911 27.450 100.500 30.646
202002 17.815 100.300 19.929
202005 -1.800 100.100 -2.018
202008 -7.605 100.100 -8.524
202011 40.920 99.500 46.143
202102 22.520 99.800 25.318
202105 116.800 99.400 131.841
202108 28.120 99.700 31.646
202111 39.572 100.100 44.355
202202 8.240 100.700 9.181
202205 33.840 101.800 37.297
202208 20.100 102.700 21.959
202211 23.300 103.900 25.161
202302 -11.271 104.000 -12.160
202305 24.240 105.100 25.878
202308 37.388 105.900 39.612
202311 82.965 106.900 87.078
202402 -5.650 106.900 -5.930
202405 27.200 108.100 28.232
202408 35.548 109.100 36.558
202502 0.000 110.800 0.000
202505 25.860 111.800 25.953
202508 29.290 112.100 29.316
202511 72.900 113.200 72.256
202602 38.180 112.200 38.180

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143.78 mean?
Moresco (TSE:5018) has a E10 of 円143.78 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Moresco and its competitors.
Is Moresco's E10 too high?
Moresco's current E10 is 円143.78. Overall, Moresco has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Moresco's E10 compare to LIN and SHW?
Moresco's E10 of 円143.78 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 Moresco and its competitors. Moresco's current E10 is 円143.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moresco stock overvalued right now?
Based on GuruFocus' analysis, Moresco (TSE:5018) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,400.01, compared to a current price of 円2,351.00 — trading 67.9% above its estimated fair value. The current E10 is 円143.78. Moresco's overall GF Score™ is 72/100 with 4 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 Moresco (TSE:5018), the current E10 is 円143.78 as of Feb. 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 Moresco (TSE:5018) Overvalued in 2026?

Based on GuruFocus' analysis, Moresco stock appears to be overvalued. The current stock price of 円2,351.00 is trading 67.9% above its estimated GF Value™ of 円1,400.01. GuruFocus considers Moresco to be Significantly Overvalued.

Key valuation signals for TSE:5018:

  • E10: 円143.78
  • GF Value™: 円1,400.01 vs. price of 円2,351.00 (67.9% above fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the TSE:5018 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Moresco Business Description

Address 5-5-3 Minatojima Minami-machi, Chuo-ku, Kobe, JPN, 650-0047
Moresco Corp is engaged in the development, manufacture, sale and leasing of chemical products such as special lubricants, synthetic lubricants, raw materials, hot melt adhesives and energy device related products in Japan.
72GF Score

Get the complete analysis for TSE:5018

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

円2,351.00
Price
円1,400.01
GF Value