Tohoku Steel Co (TSE:5484) E10: 円177.95 (As of Mar. 2026)

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TSE:5484 Tohoku Steel Co Ltd TSE:5484
63 GF Score
Price 円4,455.00
GF Value 円1,958.41
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Tohoku Steel Co E10?

Tohoku Steel Co TSE:5484 63 E10 is 円177.95 as of Mar. 2026. GuruFocus rates TSE:5484 with a GF Score™ of 63/100 and a GF Value™ of 円1,958.41 (Significantly Overvalued). The stock has 8 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.

Tohoku Steel Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円51.560. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円177.95 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tohoku Steel Co's average E10 Growth Rate was 8.20% per year. During the past 3 years, the average E10 Growth Rate was 4.10% per year. During the past 5 years, the average E10 Growth Rate was 3.40% 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 Tohoku Steel Co was 4.10% per year. The lowest was -0.70% per year. And the median was 2.30% per year.

As of today (2026-08-13), Tohoku Steel Co's current stock price is 円4455.00. Tohoku Steel Co's E10 for the quarter that ended in Mar. 2026 was 円177.95. Tohoku Steel Co's Shiller PE Ratio of today is 25.04.

During the past 13 years, the highest Shiller PE Ratio of Tohoku Steel Co was 25.04. The lowest was 7.36. And the median was 10.55.


Tohoku Steel Co  (TSE:5484) 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.

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

Shiller PE Ratio=Share Price/E10
=4455.00/177.95
=25.04

* 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 Tohoku Steel Co was 25.04. The lowest was 7.36. And the median was 10.55.


Be Aware

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


Tohoku Steel Co E10 Related Terms


Tohoku Steel Co E10 Historical Data

* Premium members only.

The historical data trend for Tohoku Steel 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.

Tohoku Steel Co E10 Chart

Tohoku Steel 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 153.32 163.11 167.22 0.00 177.95

Tohoku Steel Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 173.83 173.24 177.15 177.95 0.00

TSE:5484 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Tohoku Steel 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.


Tohoku Steel Co Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Tohoku Steel Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:5484
63GF Score
Tohoku Steel Co Ltd TSE:5484
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tohoku Steel 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, Tohoku Steel 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)
=51.56/112.7000*112.7000
=51.560

Current CPI (Mar. 2026) = 112.7000.

Tohoku Steel Co Quarterly Data

per share eps CPI Adj_EPS
201603 -42.513 97.900 -48.940
201606 37.890 98.100 43.529
201609 46.595 98.000 53.584
201612 70.250 98.400 80.459
201703 64.357 98.100 73.935
201706 68.760 98.500 78.673
201709 61.230 98.800 69.844
201712 65.567 99.400 74.340
201803 57.480 99.200 65.302
201806 53.010 99.200 60.224
201809 58.490 99.900 65.984
201812 47.480 99.700 53.671
201903 54.396 99.700 61.489
201906 46.600 99.800 52.623
201909 52.710 100.100 59.345
201912 53.407 100.500 59.890
202003 41.156 100.300 46.244
202006 21.540 99.900 24.300
202009 30.200 99.900 34.069
202012 39.706 99.300 45.064
202103 -34.720 99.900 -39.169
202106 58.240 99.500 65.966
202109 53.750 100.100 60.516
202112 45.066 100.100 50.739
202203 -3.780 101.100 -4.214
202206 46.380 101.800 51.346
202209 42.660 103.100 46.632
202212 33.219 104.100 35.963
202303 26.270 104.400 28.359
202306 55.600 105.200 59.564
202309 25.290 106.200 26.838
202312 31.283 106.800 33.011
202403 17.260 107.200 18.146
202406 42.660 108.200 44.434
202409 30.050 108.900 31.099
202503 0.000 111.100 0.000
202506 40.890 111.700 41.256
202509 29.020 112.000 29.201
202512 50.270 113.000 50.137
202603 51.560 112.700 51.560

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177.95 mean?
Tohoku Steel Co (TSE:5484) has a E10 of 円177.95 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tohoku Steel Co and its competitors.
Is Tohoku Steel Co's E10 too high?
Tohoku Steel Co's current E10 is 円177.95. Overall, Tohoku Steel Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tohoku Steel Co's E10 compare to NUE and STLD?
Tohoku Steel Co's E10 of 円177.95 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Tohoku Steel Co and its competitors. Tohoku Steel Co's current E10 is 円177.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tohoku Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Tohoku Steel Co (TSE:5484) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,958.41, compared to a current price of 円4,455.00 — trading 127.5% above its estimated fair value. The current E10 is 円177.95. Tohoku Steel Co's overall GF Score™ is 63/100 with 8 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 Tohoku Steel Co (TSE:5484), the current E10 is 円177.95 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 Tohoku Steel Co (TSE:5484) Overvalued in 2026?

Based on GuruFocus' analysis, Tohoku Steel Co stock appears to be overvalued. The current stock price of 円4,455.00 is trading 127.5% above its estimated GF Value™ of 円1,958.41. GuruFocus considers Tohoku Steel Co to be Significantly Overvalued.

Key valuation signals for TSE:5484:

  • E10: 円177.95
  • GF Value™: 円1,958.41 vs. price of 円4,455.00 (127.5% above fair value)
  • GF Score™: 63/100 with 8 warning signs

No single metric tells the full story. See the TSE:5484 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tohoku Steel Co Business Description

Address 23 Nishigaoka, Murata-machi, Shibata-gun, Miyagi, Murata, JPN, 989-1393
Tohoku Steel Co Ltd is engaged in manufacturing, processing, and distribution of various types of special steel. It provides magnetic materials, heat-resistant alloys, anti-corrosion alloys, low thermal expansion materials, electronic materials, base materials for deposition, and sealing materials.
63GF Score

Get the complete analysis for TSE:5484

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

円4,455.00
Price
円1,958.41
GF Value