Mitsuboshi Belting (TSE:5192) E10: 円245.40 (As of Mar. 2026)


TSE:5192 Mitsuboshi Belting Ltd TSE:5192
87 GF Score
Price 円3,940.00
GF Value 円4,366.96
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Mitsuboshi Belting E10?

Mitsuboshi Belting TSE:5192 -0.51% 87 E10 is 円245.40 as of Mar. 2026. GuruFocus rates TSE:5192 with a GF Score™ of 87/100 and a GF Value™ of 円4,366.96 (Modestly Undervalued). The stock has 2 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.

Mitsuboshi Belting's adjusted earnings per share data for the three months ended in Mar. 2026 was 円63.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円245.40 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mitsuboshi Belting's average E10 Growth Rate was 4.10% per year. During the past 3 years, the average E10 Growth Rate was 6.60% per year. During the past 5 years, the average E10 Growth Rate was 7.80% 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 Mitsuboshi Belting was 9.50% per year. The lowest was 6.60% per year. And the median was 7.80% per year.

As of today (2026-06-29), Mitsuboshi Belting's current stock price is 円3940.00. Mitsuboshi Belting's E10 for the quarter that ended in Mar. 2026 was 円245.40. Mitsuboshi Belting's Shiller PE Ratio of today is 16.06.

During the past 13 years, the highest Shiller PE Ratio of Mitsuboshi Belting was 24.48. The lowest was 6.92. And the median was 16.07.


Mitsuboshi Belting  (TSE:5192) 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.

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

Shiller PE Ratio=Share Price/E10
=3940.00/245.40
=16.06

* 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 Mitsuboshi Belting was 24.48. The lowest was 6.92. And the median was 16.07.


Be Aware

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


Mitsuboshi Belting E10 Related Terms


Mitsuboshi Belting E10 Historical Data

* Premium members only.

The historical data trend for Mitsuboshi Belting'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.

Mitsuboshi Belting E10 Chart

Mitsuboshi Belting 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 184.12 202.66 216.92 235.84 245.40

Mitsuboshi Belting 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 235.84 238.47 240.19 243.36 245.40

TSE:5192 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Mitsuboshi Belting'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.


Mitsuboshi Belting Shiller PE Ratio vs Industrial Products Industry

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

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


TSE:5192
87GF Score
Mitsuboshi Belting Ltd TSE:5192
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsuboshi Belting 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, Mitsuboshi Belting'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)
=63.45/112.7000*112.7000
=63.450

Current CPI (Mar. 2026) = 112.7000.

Mitsuboshi Belting Quarterly Data

per share eps CPI Adj_EPS
201606 42.520 98.100 48.848
201609 50.756 98.000 58.369
201612 86.906 98.400 99.536
201703 32.517 98.100 37.356
201706 56.040 98.500 64.119
201709 63.845 98.800 72.827
201712 59.870 99.400 67.881
201803 26.870 99.200 30.527
201806 66.230 99.200 75.243
201809 50.533 99.900 57.008
201812 53.220 99.700 60.159
201903 33.510 99.700 37.879
201906 52.890 99.800 59.726
201909 48.520 100.100 54.627
201912 45.520 100.500 51.046
202003 36.386 100.300 40.884
202006 31.450 99.900 35.480
202009 23.580 99.900 26.601
202012 39.000 99.300 44.263
202103 45.780 99.900 51.646
202106 56.900 99.500 64.449
202109 43.350 100.100 48.807
202112 63.140 100.100 71.088
202203 56.870 101.100 63.395
202206 71.760 101.800 79.444
202209 66.160 103.100 72.320
202212 59.600 104.100 64.524
202303 51.560 104.400 55.659
202306 77.290 105.200 82.800
202309 49.400 106.200 52.424
202312 54.280 106.800 57.279
202403 69.409 107.200 72.970
202406 156.450 108.200 162.957
202409 58.200 108.900 60.231
202412 77.800 110.700 79.206
202503 27.800 111.100 28.200
202506 73.370 111.700 74.027
202509 64.080 112.000 64.481
202512 62.450 113.000 62.284
202603 63.450 112.700 63.450

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245.40 mean?
Mitsuboshi Belting (TSE:5192) has a E10 of 円245.40 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mitsuboshi Belting and its competitors.
Is Mitsuboshi Belting's E10 too high?
Mitsuboshi Belting's current E10 is 円245.40. Overall, Mitsuboshi Belting has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitsuboshi Belting's E10 compare to GEV and ETN?
Mitsuboshi Belting's E10 of 円245.40 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 Mitsuboshi Belting and its competitors. Mitsuboshi Belting's current E10 is 円245.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsuboshi Belting stock overvalued right now?
Based on GuruFocus' analysis, Mitsuboshi Belting (TSE:5192) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,366.96, compared to a current price of 円3,940.00 — trading 9.8% below its estimated fair value. The current E10 is 円245.40. Mitsuboshi Belting's overall GF Score™ is 87/100 with 2 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 Mitsuboshi Belting (TSE:5192), the current E10 is 円245.40 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 Mitsuboshi Belting (TSE:5192) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsuboshi Belting stock appears to be undervalued. The current stock price of 円3,940.00 is trading 9.8% below its estimated GF Value™ of 円4,366.96. GuruFocus considers Mitsuboshi Belting to be Modestly Undervalued.

Key valuation signals for TSE:5192:

  • E10: 円245.40
  • GF Value™: 円4,366.96 vs. price of 円3,940.00 (9.8% below fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the TSE:5192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsuboshi Belting Business Description

Address 4 - 1 21 Hamazoe dori, Nagata ku, Hyogo-ken, JPN, 6530024
Mitsuboshi Belting Ltd is involved in the business of Power transmission belts and related products, Conveyor belts and systems and related products, Engineering plastics, Engineering structural foam, Waterproofing and Watershielding sheet, Metal nanoparticle related products. Its products include automobile and motorcycle transmission belts, general industrial transmission belts, pulleys, conveyer belts, systems, engineering plastic materials and processed products, waterproofing materials for construction etc.
87GF Score

Get the complete analysis for TSE:5192

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

円3,940.00
Price
円4,366.96
GF Value