Japan Engine (TSE:6016) E10: 円181.49 (As of Mar. 2026)


TSE:6016 Japan Engine Corp TSE:6016
77 GF Score
Price 円7,980.00
GF Value 円5,726.88
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Japan Engine E10?

Japan Engine TSE:6016 +0.50% 77 E10 is 円181.49 as of Mar. 2026. GuruFocus rates TSE:6016 with a GF Score™ of 77/100 and a GF Value™ of 円5,726.88 (Significantly Overvalued). 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.

Japan Engine's adjusted earnings per share data for the three months ended in Mar. 2026 was 円93.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円181.49 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Japan Engine's average E10 Growth Rate was 46.60% 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 Japan Engine was 49.40% per year. The lowest was -7.20% per year. And the median was 2.20% per year.

As of today (2026-07-11), Japan Engine's current stock price is 円7980.00. Japan Engine's E10 for the quarter that ended in Mar. 2026 was 円181.49. Japan Engine's Shiller PE Ratio of today is 43.97.

During the past 13 years, the highest Shiller PE Ratio of Japan Engine was 330.54. The lowest was 23.27. And the median was 70.39.


Japan Engine  (TSE:6016) 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.

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

Shiller PE Ratio=Share Price/E10
=7980.00/181.49
=43.97

* 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 Japan Engine was 330.54. The lowest was 23.27. And the median was 70.39.


Be Aware

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


Japan Engine E10 Related Terms


Japan Engine E10 Historical Data

* Premium members only.

The historical data trend for Japan Engine'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.

Japan Engine E10 Chart

Japan Engine 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 -21.68 -3.54 41.38 123.82 181.49

Japan Engine Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 123.82 144.98 159.66 175.04 181.49

TSE:6016 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Japan Engine'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.


Japan Engine Shiller PE Ratio vs Industrial Products Industry

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

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


TSE:6016
77GF Score
Japan Engine Corp TSE:6016
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Engine 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, Japan Engine'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)
=93/112.7000*112.7000
=93.000

Current CPI (Mar. 2026) = 112.7000.

Japan Engine Quarterly Data

per share eps CPI Adj_EPS
201606 -11.600 98.100 -13.326
201609 -9.950 98.000 -11.443
201612 -21.957 98.400 -25.148
201703 -11.855 98.100 -13.619
201706 11.037 98.500 12.628
201709 37.947 98.800 43.286
201712 9.828 99.400 11.143
201803 68.727 99.200 78.080
201806 -5.957 99.200 -6.768
201809 19.438 99.900 21.929
201812 6.813 99.700 7.701
201903 17.219 99.700 19.464
201906 6.010 99.800 6.787
201909 1.077 100.100 1.213
201912 9.968 100.500 11.178
202003 25.620 100.300 28.787
202006 5.820 99.900 6.566
202009 1.963 99.900 2.215
202012 7.850 99.300 8.909
202103 22.941 99.900 25.880
202106 19.867 99.500 22.503
202109 7.596 100.100 8.552
202112 8.210 100.100 9.243
202203 28.726 101.100 32.022
202206 13.713 101.800 15.181
202209 20.183 103.100 22.062
202212 26.426 104.100 28.609
202303 36.143 104.400 39.016
202306 25.897 105.200 27.743
202309 47.873 106.200 50.803
202312 61.915 106.800 65.335
202403 168.233 107.200 176.864
202406 198.087 108.200 206.325
202409 125.593 108.900 129.975
202412 126.460 110.700 128.745
202503 65.870 111.100 66.819
202506 173.700 111.700 175.255
202509 144.350 112.000 145.252
202512 156.530 113.000 156.114
202603 93.000 112.700 93.000

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181.49 mean?
Japan Engine (TSE:6016) has a E10 of 円181.49 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Japan Engine and its competitors.
Is Japan Engine's E10 too high?
Japan Engine's current E10 is 円181.49. Overall, Japan Engine has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Japan Engine's E10 compare to GEV and ETN?
Japan Engine's E10 of 円181.49 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 Japan Engine and its competitors. Japan Engine's current E10 is 円181.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Engine stock overvalued right now?
Based on GuruFocus' analysis, Japan Engine (TSE:6016) is currently considered Significantly Overvalued. The stock's GF Value™ is 円5,726.88, compared to a current price of 円7,980.00 — trading 39.3% above its estimated fair value. The current E10 is 円181.49. Japan Engine's overall GF Score™ is 77/100 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 Japan Engine (TSE:6016), the current E10 is 円181.49 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 Japan Engine (TSE:6016) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Engine stock appears to be overvalued. The current stock price of 円7,980.00 is trading 39.3% above its estimated GF Value™ of 円5,726.88. GuruFocus considers Japan Engine to be Significantly Overvalued.

Key valuation signals for TSE:6016:

  • E10: 円181.49
  • GF Value™: 円5,726.88 vs. price of 円7,980.00 (39.3% above fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the TSE:6016 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Engine Business Description

Other Exchanges KDCLF:USA
Address 1-38, Minamifutami, Futami-cho, Hyogo Prefecture, Akashi, JPN, 674 0093
Japan Engine Corp is a Japanese company engaged in the production and sale of various types of UE diesel engines. It also manufactures machinery and equipment related to marine, factory automation and energy saving. The organization has a business presence in Japan and other countries.
77GF Score

Get the complete analysis for TSE:6016

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

円7,980.00
Price
円5,726.88
GF Value