Nitta (TSE:5186) E10: 円325.22 (As of Mar. 2026)


TSE:5186 Nitta Corp TSE:5186
75 GF Score
Price 円6,310.00
GF Value 円3,954.52
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nitta E10?

Nitta TSE:5186 -0.63% 75 E10 is 円325.22 as of Mar. 2026. GuruFocus rates TSE:5186 with a GF Score™ of 75/100 and a GF Value™ of 円3,954.52 (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.

Nitta's adjusted earnings per share data for the three months ended in Mar. 2026 was 円157.820. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円325.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nitta's average E10 Growth Rate was -3.90% per year. During the past 3 years, the average E10 Growth Rate was 3.80% per year. During the past 5 years, the average E10 Growth Rate was 7.40% 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 was 9.80% per year. The lowest was 3.80% per year. And the median was 7.25% per year.

As of today (2026-07-11), Nitta's current stock price is 円6310.00. Nitta's E10 for the quarter that ended in Mar. 2026 was 円325.22. Nitta's Shiller PE Ratio of today is 19.40.

During the past 13 years, the highest Shiller PE Ratio of Nitta was 25.28. The lowest was 7.55. And the median was 11.71.


Nitta  (TSE:5186) 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's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6310.00/325.22
=19.40

* 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 was 25.28. The lowest was 7.55. And the median was 11.71.


Be Aware

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


Nitta E10 Related Terms


Nitta E10 Historical Data

* Premium members only.

The historical data trend for Nitta'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 E10 Chart

Nitta 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 258.05 290.80 312.10 338.55 325.22

Nitta 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 338.55 340.95 342.79 350.72 325.22

TSE:5186 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Nitta'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 Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nitta's Shiller PE Ratio distribution charts can be found below:

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


TSE:5186
75GF Score
Nitta Corp TSE:5186
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitta 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'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)
=157.82/112.7000*112.7000
=157.820

Current CPI (Mar. 2026) = 112.7000.

Nitta Quarterly Data

per share eps CPI Adj_EPS
201606 70.050 98.100 80.475
201609 63.800 98.000 73.370
201612 65.690 98.400 75.236
201703 71.693 98.100 82.363
201706 74.500 98.500 85.240
201709 93.300 98.800 106.426
201712 75.200 99.400 85.262
201803 71.740 99.200 81.503
201806 80.130 99.200 91.035
201809 88.150 99.900 99.444
201812 92.760 99.700 104.855
201903 46.740 99.700 52.834
201906 62.610 99.800 70.703
201909 53.070 100.100 59.750
201912 49.740 100.500 55.778
202003 45.550 100.300 51.181
202006 33.540 99.900 37.837
202009 21.912 99.900 24.720
202012 63.160 99.300 71.683
202103 45.950 99.900 51.837
202106 92.870 99.500 105.190
202109 121.314 100.100 136.584
202112 82.178 100.100 92.522
202203 71.410 101.100 79.603
202206 97.170 101.800 107.574
202209 93.229 103.100 101.910
202212 105.669 104.100 114.399
202303 89.130 104.400 96.216
202306 90.000 105.200 96.416
202309 90.210 106.200 95.731
202312 93.760 106.800 98.940
202403 79.810 107.200 83.905
202406 108.050 108.200 112.544
202409 101.080 108.900 104.607
202412 129.500 110.700 131.840
202503 98.100 111.100 99.513
202506 99.100 111.700 99.987
202509 98.750 112.000 99.367
202512 134.800 113.000 134.442
202603 157.820 112.700 157.820

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325.22 mean?
Nitta (TSE:5186) has a E10 of 円325.22 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nitta and its competitors.
Is Nitta's E10 too high?
Nitta's current E10 is 円325.22. Overall, Nitta has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitta's E10 compare to GEV and ETN?
Nitta's E10 of 円325.22 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 and its competitors. Nitta's current E10 is 円325.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitta stock overvalued right now?
Based on GuruFocus' analysis, Nitta (TSE:5186) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,954.52, compared to a current price of 円6,310.00 — trading 59.6% above its estimated fair value. The current E10 is 円325.22. Nitta's overall GF Score™ is 75/100 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 Nitta (TSE:5186), the current E10 is 円325.22 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 (TSE:5186) Overvalued in 2026?

Based on GuruFocus' analysis, Nitta stock appears to be overvalued. The current stock price of 円6,310.00 is trading 59.6% above its estimated GF Value™ of 円3,954.52. GuruFocus considers Nitta to be Significantly Overvalued.

Key valuation signals for TSE:5186:

  • E10: 円325.22
  • GF Value™: 円3,954.52 vs. price of 円6,310.00 (59.6% above fair value)
  • GF Score™: 75/100 with 7 warning signs

No single metric tells the full story. See the TSE:5186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitta Business Description

Address 4-4-26 Sakuragawa, Naniwa-ku, Osaka, JPN, 556-0022
Nitta Corp is a Japan-based company that manufactures and distributes a wide range of industrial products. The company's product line comprises conveyor belts and units, tubes and fittings, industrial wiper and molded rubber products, mechatronic products, magnetic sheets, and so on. The company's conveyor belt products are distributed under trademarks including PolySprint, Polybelt, New Light Grip, and SEB. The company's conveyor unit products include curve conveyor units, spiral conveyor units, and nonsnaking conveyor units. Nitta Corp's tube and fitting products are applied in pneumatic equipment, semiconductor equipment, industrial robots, and others. The company's wiper products include slide seals, lip seals, telesco seals, and others.
75GF Score

Get the complete analysis for TSE:5186

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

円6,310.00
Price
円3,954.52
GF Value