JMC (TSE:5704) E10: 円-2.47 (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.
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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:5704 JMC Corp TSE:5704
65 GF Score
Price 円384.00
GF Value 円467.81
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is JMC E10?

JMC TSE:5704 -0.52% 65 E10 is 円-2.47 as of Jun. 2026. GuruFocus rates TSE:5704 with a GF Score™ of 65/100 and a GF Value™ of 円467.81 (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.

JMC's adjusted earnings per share data for the three months ended in Jun. 2026 was 円-9.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円-2.47 for the trailing ten years ended in Jun. 2026.

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.

As of today (2026-08-28), JMC's current stock price is 円384.00. JMC's E10 for the quarter that ended in Jun. 2026 was 円-2.47. JMC's Shiller PE Ratio of today is .


JMC  (TSE:5704) 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.


Be Aware

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


JMC E10 Related Terms


JMC E10 Historical Data

* Premium members only.

The historical data trend for JMC'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.

JMC E10 Chart

JMC 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 0.00 0.00 0.00 0.00 0.00

JMC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.00 0.00 0.00 -1.48 -2.47

TSE:5704 vs CTAS, CPRT, GPN: E10 Comparison

For the Specialty Business Services subindustry, JMC'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.


JMC Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, JMC's Shiller PE Ratio distribution charts can be found below:

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


TSE:5704
65GF Score
JMC Corp TSE:5704
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JMC 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, JMC'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)
=-9.69/113.6000*113.6000
=-9.690

Current CPI (Jun. 2026) = 113.6000.

JMC Quarterly Data

per share eps CPI Adj_EPS
201606 0.000 98.100 0.000
201609 6.712 98.000 7.780
201612 -2.646 98.400 -3.055
201703 -1.045 98.100 -1.210
201706 1.850 98.500 2.134
201709 -6.430 98.800 -7.393
201712 8.671 99.400 9.910
201803 8.170 99.200 9.356
201806 12.260 99.200 14.040
201809 18.350 99.900 20.866
201812 -0.390 99.700 -0.444
201903 27.330 99.700 31.140
201906 10.000 99.800 11.383
201909 -4.960 100.100 -5.629
201912 -3.430 100.500 -3.877
202003 -1.310 100.300 -1.484
202006 -20.440 99.900 -23.243
202009 -5.392 99.900 -6.131
202012 -5.618 99.300 -6.427
202103 4.930 99.900 5.606
202106 -7.220 99.500 -8.243
202109 1.257 100.100 1.427
202112 22.370 100.100 25.387
202203 14.960 101.100 16.810
202206 5.870 101.800 6.550
202209 12.310 103.100 13.564
202212 11.520 104.100 12.571
202303 12.030 104.400 13.090
202306 21.980 105.200 23.735
202309 20.090 106.200 21.490
202312 11.190 106.800 11.902
202403 13.360 107.200 14.158
202406 -4.670 108.200 -4.903
202412 0.000 110.700 0.000
202503 4.580 111.100 4.683
202506 -17.600 111.700 -17.899
202509 12.210 112.000 12.384
202512 -226.950 113.000 -228.155
202603 14.230 112.700 14.344
202606 -9.690 113.600 -9.690

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-2.47 mean?
JMC (TSE:5704) has a E10 of 円-2.47 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on JMC and its competitors.
Is JMC's E10 too high?
JMC's current E10 is 円-2.47. Overall, JMC has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JMC's E10 compare to CTAS and CPRT?
JMC's E10 of 円-2.47 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 JMC and its competitors. JMC's current E10 is 円-2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JMC stock overvalued right now?
Based on GuruFocus' analysis, JMC (TSE:5704) is currently considered Modestly Undervalued. The stock's GF Value™ is 円467.81, compared to a current price of 円384.00 — trading 17.9% below its estimated fair value. The current E10 is 円-2.47. JMC's overall GF Score™ is 65/100 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 JMC (TSE:5704), the current E10 is 円-2.47 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 JMC (TSE:5704) Overvalued in 2026?

Based on GuruFocus' analysis, JMC stock appears to be undervalued. The current stock price of 円384.00 is trading 17.9% below its estimated GF Value™ of 円467.81. GuruFocus considers JMC to be Modestly Undervalued.

Key valuation signals for TSE:5704:

  • E10: 円-2.47
  • GF Value™: 円467.81 vs. price of 円384.00 (17.9% below fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the TSE:5704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JMC Business Description

Address 2-5-5, Shinyokohama, Kohoku-ku, Real Estate Shin-Yokohama Building, 1st floor, Kanagawa, Yokohama, JPN, 222-0033
JMC Corp provides 3D printing services as well as sand casting services. It manufactures and sale trial products like 3D printers and sand mold casting, various parts/products. It also sales inspection/measurement services of CT for industrial use.
65GF Score

Get the complete analysis for TSE:5704

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

円384.00
Price
円467.81
GF Value