Toyo Shutter Co (TSE:5936) E10: 円95.18 (As of Mar. 2026)

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TSE:5936 Toyo Shutter Co Ltd TSE:5936
73 GF Score
Price 円887.00
GF Value 円828.52
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Toyo Shutter Co E10?

Toyo Shutter Co TSE:5936 +1.03% 73 E10 is 円95.18 as of Mar. 2026. GuruFocus rates TSE:5936 with a GF Score™ of 73/100 and a GF Value™ of 円828.52 (Fairly Valued). The stock has 1 warning sign 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.

Toyo Shutter Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円51.890. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円95.18 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Toyo Shutter Co's average E10 Growth Rate was 10.50% per year. During the past 3 years, the average E10 Growth Rate was 7.20% per year. During the past 5 years, the average E10 Growth Rate was 6.40% 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 Toyo Shutter Co was 74.40% per year. The lowest was -5.60% per year. And the median was 7.20% per year.

As of today (2026-08-10), Toyo Shutter Co's current stock price is 円887.00. Toyo Shutter Co's E10 for the quarter that ended in Mar. 2026 was 円95.18. Toyo Shutter Co's Shiller PE Ratio of today is 9.32.

During the past 13 years, the highest Shiller PE Ratio of Toyo Shutter Co was 50.60. The lowest was 6.31. And the median was 9.34.


Toyo Shutter Co  (TSE:5936) 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.

Toyo Shutter Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=887.00/95.18
=9.32

* 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 Toyo Shutter Co was 50.60. The lowest was 6.31. And the median was 9.34.


Be Aware

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


Toyo Shutter Co E10 Related Terms


Toyo Shutter Co E10 Historical Data

* Premium members only.

The historical data trend for Toyo Shutter 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.

Toyo Shutter Co E10 Chart

Toyo Shutter 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 76.96 80.53 87.02 0.00 95.18

Toyo Shutter Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 83.21 84.63 94.09 95.18

TSE:5936 vs TT, JCI, CARR: E10 Comparison

For the Building Products & Equipment subindustry, Toyo Shutter 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.


Toyo Shutter Co Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Toyo Shutter Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:5936
73GF Score
Toyo Shutter Co Ltd TSE:5936
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Shutter 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, Toyo Shutter 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)
=51.89/112.7000*112.7000
=51.890

Current CPI (Mar. 2026) = 112.7000.

Toyo Shutter Co Quarterly Data

per share eps CPI Adj_EPS
201603 29.149 97.900 33.556
201606 -7.550 98.100 -8.674
201609 27.370 98.000 31.476
201612 19.735 98.400 22.603
201703 29.900 98.100 34.350
201706 -4.340 98.500 -4.966
201709 14.820 98.800 16.905
201712 21.610 99.400 24.501
201803 45.240 99.200 51.397
201806 2.850 99.200 3.238
201809 13.232 99.900 14.927
201812 66.725 99.700 75.425
201903 -71.866 99.700 -81.237
201906 17.440 99.800 19.694
201909 40.425 100.100 45.513
201912 23.781 100.500 26.668
202003 42.700 100.300 47.979
202006 0.150 99.900 0.169
202009 22.020 99.900 24.841
202012 21.840 99.300 24.787
202103 22.410 99.900 25.281
202106 -0.710 99.500 -0.804
202109 16.090 100.100 18.115
202112 31.017 100.100 34.921
202203 18.749 101.100 20.900
202206 -14.900 101.800 -16.495
202209 10.416 103.100 11.386
202212 46.216 104.100 50.034
202303 46.500 104.400 50.197
202306 29.110 105.200 31.185
202309 29.220 106.200 31.008
202312 38.719 106.800 40.858
202403 54.450 107.200 57.244
202406 6.210 108.200 6.468
202409 32.310 108.900 33.437
202503 0.000 111.100 0.000
202506 6.090 111.700 6.145
202509 25.490 112.000 25.649
202512 47.580 113.000 47.454
202603 51.890 112.700 51.890

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95.18 mean?
Toyo Shutter Co (TSE:5936) has a E10 of 円95.18 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Toyo Shutter Co and its competitors.
Is Toyo Shutter Co's E10 too high?
Toyo Shutter Co's current E10 is 円95.18. Overall, Toyo Shutter Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toyo Shutter Co's E10 compare to TT and JCI?
Toyo Shutter Co's E10 of 円95.18 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Toyo Shutter Co and its competitors. Toyo Shutter Co's current E10 is 円95.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Shutter Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Shutter Co (TSE:5936) is currently considered Fairly Valued. The stock's GF Value™ is 円828.52, compared to a current price of 円887.00 — trading 7.1% above its estimated fair value. The current E10 is 円95.18. Toyo Shutter Co's overall GF Score™ is 73/100 with 1 warning sign 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 Toyo Shutter Co (TSE:5936), the current E10 is 円95.18 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 Toyo Shutter Co (TSE:5936) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Shutter Co stock appears to be overvalued. The current stock price of 円887.00 is trading 7.1% above its estimated GF Value™ of 円828.52. GuruFocus considers Toyo Shutter Co to be Fairly Valued.

Key valuation signals for TSE:5936:

  • E10: 円95.18
  • GF Value™: 円828.52 vs. price of 円887.00 (7.1% above fair value)
  • GF Score™: 73/100 with 1 warning sign

No single metric tells the full story. See the TSE:5936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Shutter Co Business Description

Address 2-3-2 Minamisenba, 12tjh Floor, Minamisenba Heart Building, Chuo-ku, Osaka, JPN
Toyo Shutter Co Ltd is engaged in the manufacture, installation, and sale of various shutters and other building fittings and building materials, production, installation and sale of disaster prevention and crime prevention equipment, and development of computer software and sales of computer equipment.
73GF Score

Get the complete analysis for TSE:5936

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

円887.00
Price
円828.52
GF Value