Fukoku Co (TSE:5185) E10: 円68.82 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:5185 Fukoku Co Ltd TSE:5185
68 GF Score
Price 円2,014.00
GF Value 円1,842.63
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Fukoku Co E10?

Fukoku Co TSE:5185 -0.30% 68 E10 is 円68.82 as of Mar. 2026. GuruFocus rates TSE:5185 with a GF Score™ of 68/100 and a GF Value™ of 円1,842.63 (Fairly Valued). 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.

Fukoku Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円-18.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円68.82 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -3.60% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Fukoku Co was 3.40% per year. The lowest was -5.40% per year. And the median was -3.60% per year.

As of today (2026-09-06), Fukoku Co's current stock price is 円2014.00. Fukoku Co's E10 for the quarter that ended in Mar. 2026 was 円68.82. Fukoku Co's Shiller PE Ratio of today is 29.26.

During the past 13 years, the highest Shiller PE Ratio of Fukoku Co was 30.03. The lowest was 6.30. And the median was 13.00.


Fukoku Co  (TSE:5185) 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.

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

Shiller PE Ratio=Share Price/E10
=2014.00/68.82
=29.26

* 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 Fukoku Co was 30.03. The lowest was 6.30. And the median was 13.00.


Be Aware

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


Fukoku Co E10 Related Terms


Fukoku Co E10 Historical Data

* Premium members only.

The historical data trend for Fukoku 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.

Fukoku Co E10 Chart

Fukoku 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 73.31 76.93 81.96 0.00 68.82

Fukoku Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 77.36 76.87 75.56 68.82 0.00

TSE:5185 vs ORLY, AZO, GPC: E10 Comparison

For the Auto Parts subindustry, Fukoku 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.


Fukoku Co Shiller PE Ratio vs Vehicles & Parts Industry

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

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


TSE:5185
68GF Score
Fukoku Co Ltd TSE:5185
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fukoku 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, Fukoku 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)
=-18.95/112.7000*112.7000
=-18.950

Current CPI (Mar. 2026) = 112.7000.

Fukoku Co Quarterly Data

per share eps CPI Adj_EPS
201512 43.750 98.100 50.261
201603 -10.810 97.900 -12.444
201606 24.830 98.100 28.525
201609 27.910 98.000 32.097
201612 35.500 98.400 40.659
201703 39.900 98.100 45.838
201706 32.010 98.500 36.625
201709 27.048 98.800 30.853
201712 -80.550 99.400 -91.328
201803 6.740 99.200 7.657
201806 38.280 99.200 43.489
201809 37.553 99.900 42.365
201812 2.800 99.700 3.165
201903 -241.130 99.700 -272.571
201906 23.980 99.800 27.080
201909 19.199 100.100 21.616
201912 -1.630 100.500 -1.828
202003 -22.890 100.300 -25.720
202006 -1.390 99.900 -1.568
202009 -25.880 99.900 -29.196
202012 27.712 99.300 31.452
202103 75.137 99.900 84.764
202106 52.240 99.500 59.170
202109 44.880 100.100 50.529
202112 16.402 100.100 18.467
202203 12.984 101.100 14.474
202206 53.510 101.800 59.239
202209 37.820 103.100 41.342
202212 27.398 104.100 29.661
202303 13.870 104.400 14.973
202306 23.800 105.200 25.497
202309 41.219 106.200 43.742
202312 49.579 106.800 52.318
202403 74.710 107.200 78.543
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 30.590 111.700 30.864
202509 28.230 112.000 28.406
202512 33.800 113.000 33.710
202603 -18.950 112.700 -18.950

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68.82 mean?
Fukoku Co (TSE:5185) has a E10 of 円68.82 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fukoku Co and its competitors.
Is Fukoku Co's E10 too high?
Fukoku Co's current E10 is 円68.82. Overall, Fukoku Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fukoku Co's E10 compare to ORLY and AZO?
Fukoku Co's E10 of 円68.82 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 Fukoku Co and its competitors. Fukoku Co's current E10 is 円68.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fukoku Co stock overvalued right now?
Based on GuruFocus' analysis, Fukoku Co (TSE:5185) is currently considered Fairly Valued. The stock's GF Value™ is 円1,842.63, compared to a current price of 円2,014.00 — trading 9.3% above its estimated fair value. The current E10 is 円68.82. Fukoku Co's overall GF Score™ is 68/100 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 Fukoku Co (TSE:5185), the current E10 is 円68.82 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 Fukoku Co (TSE:5185) Overvalued in 2026?

Based on GuruFocus' analysis, Fukoku Co stock appears to be overvalued. The current stock price of 円2,014.00 is trading 9.3% above its estimated GF Value™ of 円1,842.63. GuruFocus considers Fukoku Co to be Fairly Valued.

Key valuation signals for TSE:5185:

  • E10: 円68.82
  • GF Value™: 円1,842.63 vs. price of 円2,014.00 (9.3% above fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the TSE:5185 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fukoku Co Business Description

Address 11-2 Shintoshin Land, Saitama-shi, Akushisu Town 24F Chou-ku, Saitama, JPN, 3306024
Fukoku Co Ltd operates in the rubber industry. The company manufactures automotive wiper blade rubber, seals to protect against gas and liquid leaks, anti-vibration products, and ultrasonic motors.
68GF Score

Get the complete analysis for TSE:5185

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

円2,014.00
Price
円1,842.63
GF Value