Nippon Electric Glass Co (TSE:5214) E10: 円134.12 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:5214 Nippon Electric Glass Co Ltd TSE:5214
78 GF Score
Price 円4,791.00
GF Value 円4,684.44
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Nippon Electric Glass Co E10?

Nippon Electric Glass Co TSE:5214 +2.24% 78 E10 is 円134.12 as of Jun. 2026. GuruFocus rates TSE:5214 with a GF Score™ of 78/100 and a GF Value™ of 円4,684.44 (Fairly Valued). 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.

Nippon Electric Glass Co's adjusted earnings per share data for the three months ended in Jun. 2026 was 円-25.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円134.12 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Nippon Electric Glass Co's average E10 Growth Rate was 26.40% per year. During the past 3 years, the average E10 Growth Rate was -0.70% per year. During the past 5 years, the average E10 Growth Rate was 2.10% 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 Nippon Electric Glass Co was 1.30% per year. The lowest was -25.70% per year. And the median was -7.50% per year.

As of today (2026-09-09), Nippon Electric Glass Co's current stock price is 円4791.00. Nippon Electric Glass Co's E10 for the quarter that ended in Jun. 2026 was 円134.12. Nippon Electric Glass Co's Shiller PE Ratio of today is 35.72.

During the past 13 years, the highest Shiller PE Ratio of Nippon Electric Glass Co was 59.93. The lowest was 7.31. And the median was 22.77.


Nippon Electric Glass Co  (TSE:5214) 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.

Nippon Electric Glass Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4791.00/134.12
=35.72

* 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 Nippon Electric Glass Co was 59.93. The lowest was 7.31. And the median was 22.77.


Be Aware

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


Nippon Electric Glass Co E10 Related Terms


Nippon Electric Glass Co E10 Historical Data

* Premium members only.

The historical data trend for Nippon Electric Glass 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.

Nippon Electric Glass Co E10 Chart

Nippon Electric Glass 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 90.45 125.93 84.71 93.97 123.26

Nippon Electric Glass Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 106.11 114.83 123.26 133.34 134.12

TSE:5214 vs APH, GLW, TEL: E10 Comparison

For the Electronic Components subindustry, Nippon Electric Glass 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.


Nippon Electric Glass Co Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Nippon Electric Glass Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:5214
78GF Score
Nippon Electric Glass Co Ltd TSE:5214
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Electric Glass 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, Nippon Electric Glass Co's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-25.14/113.6000*113.6000
=-25.140

Current CPI (Jun. 2026) = 113.6000.

Nippon Electric Glass Co Quarterly Data

per share eps CPI Adj_EPS
201609 15.642 98.000 18.132
201612 47.068 98.400 54.339
201703 41.630 98.100 48.208
201706 79.390 98.500 91.560
201709 57.540 98.800 66.159
201712 94.722 99.400 108.254
201803 31.480 99.200 36.050
201806 49.780 99.200 57.006
201809 36.200 99.900 41.164
201812 36.800 99.700 41.931
201903 40.140 99.700 45.736
201906 16.738 99.800 19.052
201909 -24.230 100.100 -27.498
201912 -381.150 100.500 -430.832
202003 23.120 100.300 26.186
202006 47.500 99.900 54.014
202009 54.180 99.900 61.610
202012 33.040 99.300 37.798
202103 70.410 99.900 80.066
202106 69.620 99.500 79.486
202109 75.338 100.100 85.498
202112 75.610 100.100 85.807
202203 153.610 101.100 172.602
202206 108.850 101.800 121.467
202209 51.240 103.100 56.458
202212 -10.941 104.100 -11.939
202303 9.090 104.400 9.891
202306 -177.950 105.200 -192.159
202309 -5.590 106.200 -5.980
202312 -111.695 106.800 -118.807
202403 224.610 107.200 238.020
202406 122.246 108.200 128.347
202409 9.520 108.900 9.931
202412 -214.930 110.700 -220.561
202503 62.470 111.100 63.876
202506 65.040 111.700 66.146
202509 85.900 112.000 87.127
202512 168.920 113.000 169.817
202603 111.480 112.700 112.370
202606 -25.140 113.600 -25.140

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134.12 mean?
Nippon Electric Glass Co (TSE:5214) has a E10 of 円134.12 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nippon Electric Glass Co and its competitors.
Is Nippon Electric Glass Co's E10 too high?
Nippon Electric Glass Co's current E10 is 円134.12. Overall, Nippon Electric Glass Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Electric Glass Co's E10 compare to APH and GLW?
Nippon Electric Glass Co's E10 of 円134.12 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Nippon Electric Glass Co and its competitors. Nippon Electric Glass Co's current E10 is 円134.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Electric Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Electric Glass Co (TSE:5214) is currently considered Fairly Valued. The stock's GF Value™ is 円4,684.44, compared to a current price of 円4,791.00 — trading 2.3% above its estimated fair value. The current E10 is 円134.12. Nippon Electric Glass Co's overall GF Score™ is 78/100 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 Nippon Electric Glass Co (TSE:5214), the current E10 is 円134.12 as of Jun. 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 Nippon Electric Glass Co (TSE:5214) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Electric Glass Co stock appears to be overvalued. The current stock price of 円4,791.00 is trading 2.3% above its estimated GF Value™ of 円4,684.44. GuruFocus considers Nippon Electric Glass Co to be Fairly Valued.

Key valuation signals for TSE:5214:

  • E10: 円134.12
  • GF Value™: 円4,684.44 vs. price of 円4,791.00 (2.3% above fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the TSE:5214 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Electric Glass Co Business Description

Address 2-7-1 Seiran, Shiga Prefecture, Otsu, JPN, 520-8639
Nippon Electric Glass Co Ltd is in the business of the production and sale of glass products and glassmaking machinery. Its business is divided into two categories: Electronics and Information Technology, and Performance Materials and Others. The company produces glass for flat panel displays, optical devices, chemical strengthening, electronic devices, solar cells, fiber, and building materials. The company generates the majority of its sales from the electronics and information technology category.
78GF Score

Get the complete analysis for TSE:5214

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

円4,791.00
Price
円4,684.44
GF Value