ONEX (TSE:5987) 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:5987 ONEX Corp TSE:5987
59 GF Score
Price 円1,631.00
GF Value 円1,399.66
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is ONEX E10?

ONEX TSE:5987 59 E10 is 円0.00 as of Dec. 2025. GuruFocus rates TSE:5987 with a GF Score™ of 59/100 and a GF Value™ of 円1,399.66 (Modestly Overvalued). The stock has 4 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.

ONEX'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 -24.70% per year. During the past 5 years, the average E10 Growth Rate was -26.10% 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 ONEX was -12.30% per year. The lowest was -28.50% per year. And the median was -23.70% per year.

As of today (2026-08-05), ONEX's current stock price is 円1631.00. ONEX's E10 for the quarter that ended in Dec. 2025 was 円0.00. ONEX's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of ONEX was 112.08. The lowest was 4.44. And the median was 17.85.


ONEX  (TSE:5987) 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 ONEX was 112.08. The lowest was 4.44. And the median was 17.85.


Be Aware

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


ONEX E10 Related Terms


ONEX E10 Historical Data

* Premium members only.

The historical data trend for ONEX'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.

ONEX E10 Chart

ONEX 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 68.90 46.30 56.02 30.64 19.74

ONEX 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 25.23 19.74 25.57 0.00 0.00

TSE:5987 vs CRS, ATI, MLI: E10 Comparison

For the Metal Fabrication subindustry, ONEX'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.


ONEX Shiller PE Ratio vs Industrial Products Industry

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

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


TSE:5987
59GF Score
ONEX Corp TSE:5987
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ONEX 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, ONEX'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.

ONEX Quarterly Data

per share eps CPI Adj_EPS
201512 7.000 98.100 8.063
201603 17.500 97.900 20.199
201606 -117.000 98.100 -134.771
201609 10.000 98.000 11.531
201612 25.070 98.400 28.790
201703 33.687 98.100 38.804
201706 8.897 98.500 10.207
201709 71.300 98.800 81.548
201712 50.258 99.400 57.134
201803 26.650 99.200 30.357
201806 -9.395 99.200 -10.702
201809 25.840 99.900 29.228
201812 44.667 99.700 50.626
201903 24.659 99.700 27.949
201906 2.360 99.800 2.672
201909 -9.890 100.100 -11.165
201912 36.660 100.500 41.220
202003 12.890 100.300 14.522
202006 -31.730 99.900 -35.891
202009 -82.260 99.900 -93.047
202012 -14.980 99.300 -17.047
202103 52.630 99.900 59.531
202106 -77.121 99.500 -87.585
202109 -11.290 100.100 -12.745
202112 -6.770 100.100 -7.642
202203 59.561 101.100 66.572
202206 56.200 101.800 62.383
202209 10.160 103.100 11.136
202212 16.916 104.100 18.362
202303 5.638 104.400 6.102
202306 101.000 105.200 108.489
202309 152.180 106.200 161.924
202312 -16.150 106.800 -17.088
202403 0.623 107.200 0.657
202406 -364.646 108.200 -380.823
202412 0.000 110.700 0.000
202503 12.810 111.100 13.029
202506 -10.820 111.700 -10.946
202509 62.240 112.000 62.796
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?
ONEX (TSE:5987) 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 ONEX and its competitors.
Is ONEX's E10 too high?
ONEX's current E10 is 円0.00. Overall, ONEX has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ONEX's E10 compare to CRS and ATI?
ONEX'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 ONEX and its competitors. ONEX'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 ONEX stock overvalued right now?
Based on GuruFocus' analysis, ONEX (TSE:5987) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,399.66, compared to a current price of 円1,631.00 — trading 16.5% above its estimated fair value. The current E10 is 円0.00. ONEX's overall GF Score™ is 59/100 with 4 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 ONEX (TSE:5987), 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 ONEX (TSE:5987) Overvalued in 2026?

Based on GuruFocus' analysis, ONEX stock appears to be overvalued. The current stock price of 円1,631.00 is trading 16.5% above its estimated GF Value™ of 円1,399.66. GuruFocus considers ONEX to be Modestly Overvalued.

Key valuation signals for TSE:5987:

  • E10: 円0.00
  • GF Value™: 円1,399.66 vs. price of 円1,631.00 (16.5% above fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the TSE:5987 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ONEX Business Description

Address 1-7-23 Morino, 4th Floor, Taiju Life Machida Building, Machida, Tokyo, JPN, 194-0022
ONEX Corp is a Japan-based company engaged in the Metal heat treatment and processing business and the Metal remediation and processing business. The proprietary technologies of the company comprise of Carburizing Technology, Arbonitriding Heat Treatment, Vacuum Heat Treatment, High Frequency Heat Treatment, and Bright Heat Treatment, among other technologies.
59GF Score

Get the complete analysis for TSE:5987

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

円1,631.00
Price
円1,399.66
GF Value