Nichirin Co (TSE:5184) E10: 円355.93 (As of Dec. 2025)


TSE:5184 Nichirin Co Ltd TSE:5184
83 GF Score
Price 円4,105.00
GF Value 円3,814.95
Valuation Fairly Valued
! 6 Warning Signs
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What is Nichirin Co E10?

Nichirin Co TSE:5184 +1.23% 83 E10 is 円355.93 as of Dec. 2025. GuruFocus rates TSE:5184 with a GF Score™ of 83/100 and a GF Value™ of 円3,814.95 (Fairly Valued). The stock has 6 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.

Nichirin Co's adjusted earnings per share data for the three months ended in Dec. 2025 was 円105.990. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円355.93 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Nichirin Co's average E10 Growth Rate was 6.80% per year. During the past 3 years, the average E10 Growth Rate was 10.60% per year. During the past 5 years, the average E10 Growth Rate was 13.20% 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 Nichirin Co was 15.40% per year. The lowest was 10.20% per year. And the median was 12.40% per year.

As of today (2026-07-03), Nichirin Co's current stock price is 円4105.00. Nichirin Co's E10 for the quarter that ended in Dec. 2025 was 円355.93. Nichirin Co's Shiller PE Ratio of today is 11.53.

During the past 13 years, the highest Shiller PE Ratio of Nichirin Co was 15.43. The lowest was 6.04. And the median was 9.84.


Nichirin Co  (TSE:5184) 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.

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

Shiller PE Ratio=Share Price/E10
=4105.00/355.93
=11.53

* 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 Nichirin Co was 15.43. The lowest was 6.04. And the median was 9.84.


Be Aware

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


Nichirin Co E10 Related Terms


Nichirin Co E10 Historical Data

* Premium members only.

The historical data trend for Nichirin 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.

Nichirin Co E10 Chart

Nichirin Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 227.48 263.43 296.22 333.40 355.93

Nichirin Co 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 342.09 349.11 350.90 355.93 0.00

TSE:5184 vs ORLY, AZO: E10 Comparison

For the Auto Parts subindustry, Nichirin 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.


Nichirin Co Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nichirin Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:5184
83GF Score
Nichirin Co Ltd TSE:5184
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nichirin 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, Nichirin Co's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=105.99/113.0000*113.0000
=105.990

Current CPI (Dec. 2025) = 113.0000.

Nichirin Co Quarterly Data

per share eps CPI Adj_EPS
201603 67.792 97.900 78.248
201606 50.485 98.100 58.153
201609 61.250 98.000 70.625
201612 74.384 98.400 85.421
201703 95.450 98.100 109.948
201706 91.216 98.500 104.644
201709 70.810 98.800 80.987
201712 82.790 99.400 94.117
201803 96.640 99.200 110.084
201806 91.397 99.200 104.112
201809 60.049 99.900 67.923
201812 75.560 99.700 85.640
201903 81.370 99.700 92.225
201906 31.750 99.800 35.949
201909 46.434 100.100 52.418
201912 32.150 100.500 36.149
202003 67.420 100.300 75.957
202006 -33.720 99.900 -38.142
202009 62.640 99.900 70.854
202012 70.835 99.300 80.608
202103 98.130 99.900 110.998
202106 49.510 99.500 56.227
202109 100.030 100.100 112.921
202112 88.370 100.100 99.758
202203 89.620 101.100 100.169
202206 59.000 101.800 65.491
202209 84.889 103.100 93.040
202212 90.940 104.100 98.715
202303 80.740 104.400 87.391
202306 138.340 105.200 148.597
202309 99.760 106.200 106.148
202312 115.000 106.800 121.676
202403 131.500 107.200 138.615
202406 152.699 108.200 159.473
202409 33.140 108.900 34.388
202412 144.400 110.700 147.400
202503 119.950 111.100 122.001
202506 109.070 111.700 110.339
202509 83.260 112.000 84.003
202512 105.990 113.000 105.990

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355.93 mean?
Nichirin Co (TSE:5184) has a E10 of 円355.93 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nichirin Co and its competitors.
Is Nichirin Co's E10 too high?
Nichirin Co's current E10 is 円355.93. Overall, Nichirin Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nichirin Co's E10 compare to ORLY and AZO?
Nichirin Co's E10 of 円355.93 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Nichirin Co and its competitors. Nichirin Co's current E10 is 円355.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichirin Co stock overvalued right now?
Based on GuruFocus' analysis, Nichirin Co (TSE:5184) is currently considered Fairly Valued. The stock's GF Value™ is 円3,814.95, compared to a current price of 円4,105.00 — trading 7.6% above its estimated fair value. The current E10 is 円355.93. Nichirin Co's overall GF Score™ is 83/100 with 6 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 Nichirin Co (TSE:5184), the current E10 is 円355.93 as of Dec. 2025. 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 Nichirin Co (TSE:5184) Overvalued in 2026?

Based on GuruFocus' analysis, Nichirin Co stock appears to be overvalued. The current stock price of 円4,105.00 is trading 7.6% above its estimated GF Value™ of 円3,814.95. GuruFocus considers Nichirin Co to be Fairly Valued.

Key valuation signals for TSE:5184:

  • E10: 円355.93
  • GF Value™: 円3,814.95 vs. price of 円4,105.00 (7.6% above fair value)
  • GF Score™: 83/100 with 6 warning signs

No single metric tells the full story. See the TSE:5184 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nichirin Co Business Description

Address 98-1, Higashimachi-Edomachi Building, Edo-machi, Chuo-ku, Kobe, JPN, 650-0033
Nichirin Co Ltd is engaged in the manufacturing and selling of automotive hoses, housing hoses, and related parts. The company's products are used in Automobile, Motorcycle, and Residential. Some of them are Brake Hose, Water Hose, Air Conditioning Hose, Power Steering Hose, among others.
83GF Score

Get the complete analysis for TSE:5184

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

円4,105.00
Price
円3,814.95
GF Value