Shinpo Co (TSE:5903) E10: 円0.00 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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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:5903 Shinpo Co Ltd TSE:5903
60 GF Score
Price 円1,685.00
GF Value 円991.43
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Shinpo Co E10?

Shinpo Co TSE:5903 60 E10 is 円0.00 as of Dec. 2025. GuruFocus rates TSE:5903 with a GF Score™ of 60/100 and a GF Value™ of 円991.43 (Significantly Overvalued). The stock has 6 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.

Shinpo Co's adjusted earnings per share data for the three months ended in Dec. 2025 was 円0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円0.00 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average E10 Growth Rate was 11.60% per year. During the past 5 years, the average E10 Growth Rate was 13.50% 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 Shinpo Co was 16.70% per year. The lowest was 11.60% per year. And the median was 14.80% per year.

As of today (2026-08-08), Shinpo Co's current stock price is 円1685.00. Shinpo Co's E10 for the quarter that ended in Dec. 2025 was 円0.00. Shinpo Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Shinpo Co was 45.82. The lowest was 11.63. And the median was 17.79.


Shinpo Co  (TSE:5903) 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.

During the past 13 years, the highest Shiller P/E Ratio of Shinpo Co was 45.82. The lowest was 11.63. And the median was 17.79.


Be Aware

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


Shinpo Co E10 Related Terms


Shinpo Co E10 Historical Data

* Premium members only.

The historical data trend for Shinpo 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.

Shinpo Co E10 Chart

Shinpo Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.34 72.91 85.34 95.04 101.45

Shinpo Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 100.23 101.45 101.00 0.00 0.00

TSE:5903 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Shinpo 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.


Shinpo Co Shiller PE Ratio vs Industrial Products Industry

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

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


TSE:5903
60GF Score
Shinpo Co Ltd TSE:5903
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinpo 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, Shinpo Co's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0/113.0000*113.0000
=0.000

Current CPI (Dec. 2025) = 113.0000.

Shinpo Co Quarterly Data

per share eps CPI Adj_EPS
201512 23.959 98.100 27.598
201603 12.650 97.900 14.601
201606 18.484 98.100 21.291
201609 19.970 98.000 23.027
201612 22.000 98.400 25.264
201703 14.545 98.100 16.754
201706 19.080 98.500 21.889
201709 15.720 98.800 17.979
201712 36.580 99.400 41.585
201803 17.780 99.200 20.253
201806 20.940 99.200 23.853
201809 14.740 99.900 16.673
201812 32.534 99.700 36.874
201903 18.690 99.700 21.183
201906 26.439 99.800 29.936
201909 24.880 100.100 28.086
201912 34.098 100.500 38.339
202003 17.370 100.300 19.569
202006 2.428 99.900 2.746
202009 11.580 99.900 13.098
202012 26.668 99.300 30.347
202103 22.038 99.900 24.928
202106 30.333 99.500 34.449
202109 17.710 100.100 19.992
202112 23.950 100.100 27.036
202203 24.020 101.100 26.847
202206 28.388 101.800 31.511
202209 26.230 103.100 28.749
202212 37.330 104.100 40.522
202303 32.055 104.400 34.696
202306 25.039 105.200 26.896
202309 24.320 106.200 25.877
202312 42.069 106.800 44.511
202403 29.077 107.200 30.650
202406 21.310 108.200 22.255
202412 0.000 110.700 0.000
202503 18.400 111.100 18.715
202506 19.380 111.700 19.606
202509 25.140 112.000 25.364
202512 0.000 113.000 0.000

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0.00 mean?
Shinpo Co (TSE:5903) has a E10 of 円0.00 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shinpo Co and its competitors.
Is Shinpo Co's E10 too high?
Shinpo Co's current E10 is 円0.00. Overall, Shinpo Co has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinpo Co's E10 compare to GEV and ETN?
Shinpo Co's E10 of 円0.00 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 Shinpo Co and its competitors. Shinpo Co's current E10 is 円0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinpo Co stock overvalued right now?
Based on GuruFocus' analysis, Shinpo Co (TSE:5903) is currently considered Significantly Overvalued. The stock's GF Value™ is 円991.43, compared to a current price of 円1,685.00 — trading 70% above its estimated fair value. The current E10 is 円0.00. Shinpo Co's overall GF Score™ is 60/100 with 6 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 Shinpo Co (TSE:5903), the current E10 is 円0.00 as of Dec. 2025. 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 Shinpo Co (TSE:5903) Overvalued in 2026?

Based on GuruFocus' analysis, Shinpo Co stock appears to be overvalued. The current stock price of 円1,685.00 is trading 70% above its estimated GF Value™ of 円991.43. GuruFocus considers Shinpo Co to be Significantly Overvalued.

Key valuation signals for TSE:5903:

  • E10: 円0.00
  • GF Value™: 円991.43 vs. price of 円1,685.00 (70% above fair value)
  • GF Score™: 60/100 with 6 warning signs

No single metric tells the full story. See the TSE:5903 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinpo Co Business Description

Address 110 Wakabadai Meitou-ku, Aichi, Nagoya, JPN, 465 0015
Shinpo Co Ltd manufactures and distributes patented smokeless grills and related accessories. It offers ceramic charcoal roasters, radiant plate roasters and natural charcoal roasters, among others. It also offers installation and maintenance services.
60GF Score

Get the complete analysis for TSE:5903

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

円1,685.00
Price
円991.43
GF Value