Metalart (TSE:5644) E10: 円531.68 (As of Mar. 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.
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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:5644 Metalart Corp TSE:5644
74 GF Score
Price 円7,390.00
GF Value 円3,628.77
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Metalart E10?

Metalart TSE:5644 -0.67% 74 E10 is 円531.68 as of Mar. 2026. GuruFocus rates TSE:5644 with a GF Score™ of 74/100 and a GF Value™ of 円3,628.77 (Significantly Overvalued). The stock has 3 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.

Metalart's adjusted earnings per share data for the three months ended in Mar. 2026 was 円321.260. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円531.68 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 12.00% 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 Metalart was 15.00% per year. The lowest was 8.80% per year. And the median was 12.00% per year.

As of today (2026-08-25), Metalart's current stock price is 円7390.00. Metalart's E10 for the quarter that ended in Mar. 2026 was 円531.68. Metalart's Shiller PE Ratio of today is 13.90.

During the past 13 years, the highest Shiller PE Ratio of Metalart was 14.52. The lowest was 4.30. And the median was 7.21.


Metalart  (TSE:5644) 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.

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

Shiller PE Ratio=Share Price/E10
=7390.00/531.68
=13.90

* 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 Metalart was 14.52. The lowest was 4.30. And the median was 7.21.


Be Aware

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


Metalart E10 Related Terms


Metalart E10 Historical Data

* Premium members only.

The historical data trend for Metalart'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.

Metalart E10 Chart

Metalart 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 314.86 378.22 411.51 0.00 531.68

Metalart 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 427.44 449.35 482.67 531.68 0.00

TSE:5644 vs CRS, ATI, MLI: E10 Comparison

For the Metal Fabrication subindustry, Metalart'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.


Metalart Shiller PE Ratio vs Industrial Products Industry

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

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


TSE:5644
74GF Score
Metalart Corp TSE:5644
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metalart 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, Metalart'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)
=321.26/112.7000*112.7000
=321.260

Current CPI (Mar. 2026) = 112.7000.

Metalart Quarterly Data

per share eps CPI Adj_EPS
201512 86.916 98.100 99.852
201603 -20.100 97.900 -23.139
201606 -133.100 98.100 -152.909
201609 23.347 98.000 26.849
201612 246.400 98.400 282.208
201703 80.300 98.100 92.251
201706 39.000 98.500 44.622
201709 65.890 98.800 75.160
201712 90.868 99.400 103.026
201803 -68.396 99.200 -77.704
201806 35.060 99.200 39.831
201809 13.350 99.900 15.061
201812 119.846 99.700 135.473
201903 85.470 99.700 96.615
201906 77.940 99.800 88.014
201909 39.730 100.100 44.731
201912 56.699 100.500 63.582
202003 91.520 100.300 102.835
202006 -101.120 99.900 -114.076
202009 160.737 99.900 181.332
202012 183.558 99.300 208.328
202103 207.680 99.900 234.290
202106 195.450 99.500 221.379
202109 132.625 100.100 149.319
202112 200.490 100.100 225.727
202203 204.068 101.100 227.482
202206 182.640 101.800 202.196
202209 171.986 103.100 188.000
202212 230.970 104.100 250.051
202303 294.080 104.400 317.460
202306 143.310 105.200 153.527
202309 262.260 106.200 278.312
202312 208.997 106.800 220.543
202403 104.490 107.200 109.851
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 102.660 111.700 103.579
202509 222.690 112.000 224.082
202512 292.740 113.000 291.963
202603 321.260 112.700 321.260

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531.68 mean?
Metalart (TSE:5644) has a E10 of 円531.68 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Metalart and its competitors.
Is Metalart's E10 too high?
Metalart's current E10 is 円531.68. Overall, Metalart has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metalart's E10 compare to CRS and ATI?
Metalart's E10 of 円531.68 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 Metalart and its competitors. Metalart's current E10 is 円531.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalart stock overvalued right now?
Based on GuruFocus' analysis, Metalart (TSE:5644) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,628.77, compared to a current price of 円7,390.00 — trading 103.7% above its estimated fair value. The current E10 is 円531.68. Metalart's overall GF Score™ is 74/100 with 3 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 Metalart (TSE:5644), the current E10 is 円531.68 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 Metalart (TSE:5644) Overvalued in 2026?

Based on GuruFocus' analysis, Metalart stock appears to be overvalued. The current stock price of 円7,390.00 is trading 103.7% above its estimated GF Value™ of 円3,628.77. GuruFocus considers Metalart to be Significantly Overvalued.

Key valuation signals for TSE:5644:

  • E10: 円531.68
  • GF Value™: 円3,628.77 vs. price of 円7,390.00 (103.7% above fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the TSE:5644 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metalart Business Description

Address 3-2-18, Noji, Shiga Prefecture, Kusatsu, JPN, 525 0059
Metalart Corp is engaged in the manufacture and sale of hot forged products and precision mold forged products used in automobiles, construction machinery, agricultural machinery, ships, and other general industrial machinery.
74GF Score

Get the complete analysis for TSE:5644

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

円7,390.00
Price
円3,628.77
GF Value