IR Japan Holdings (TSE:6035) E10: 円82.43 (As of Mar. 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.
Reviewed by: Charlie Tian Charlie Tian
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:6035 IR Japan Holdings Ltd TSE:6035
68 GF Score
Price 円710.00
GF Value 円916.49
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is IR Japan Holdings E10?

IR Japan Holdings TSE:6035 -0.28% 68 E10 is 円82.43 as of Mar. 2026. GuruFocus rates TSE:6035 with a GF Score™ of 68/100 and a GF Value™ of 円916.49 (Modestly Undervalued). The stock has 3 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.

IR Japan Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was 円12.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円82.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, IR Japan Holdings's average E10 Growth Rate was 4.40% per year. During the past 3 years, the average E10 Growth Rate was 5.40% per year. During the past 5 years, the average E10 Growth Rate was 8.20% 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 IR Japan Holdings was 11.80% per year. The lowest was 5.40% per year. And the median was 5.90% per year.

As of today (2026-07-17), IR Japan Holdings's current stock price is 円710.00. IR Japan Holdings's E10 for the quarter that ended in Mar. 2026 was 円82.43. IR Japan Holdings's Shiller PE Ratio of today is 8.61.

During the past 13 years, the highest Shiller PE Ratio of IR Japan Holdings was 401.39. The lowest was 7.52. And the median was 22.98.


IR Japan Holdings  (TSE:6035) 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.

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

Shiller PE Ratio=Share Price/E10
=710.00/82.43
=8.61

* 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 IR Japan Holdings was 401.39. The lowest was 7.52. And the median was 22.98.


Be Aware

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


IR Japan Holdings E10 Related Terms


IR Japan Holdings E10 Historical Data

* Premium members only.

The historical data trend for IR Japan Holdings'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.

IR Japan Holdings E10 Chart

IR Japan Holdings 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 66.44 70.35 74.49 78.97 82.43

IR Japan Holdings 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 78.97 81.54 80.72 82.11 82.43

TSE:6035 vs VRSK, EFX, BAH: E10 Comparison

For the Consulting Services subindustry, IR Japan Holdings'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.


IR Japan Holdings Shiller PE Ratio vs Business Services Industry

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

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


TSE:6035
68GF Score
IR Japan Holdings Ltd TSE:6035
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IR Japan Holdings 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, IR Japan Holdings'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)
=12.2/112.7000*112.7000
=12.200

Current CPI (Mar. 2026) = 112.7000.

IR Japan Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 19.500 98.100 22.402
201609 3.957 98.000 4.551
201612 3.522 98.400 4.034
201703 11.335 98.100 13.022
201706 18.545 98.500 21.218
201709 11.835 98.800 13.500
201712 7.486 99.400 8.488
201803 8.280 99.200 9.407
201806 22.090 99.200 25.096
201809 11.567 99.900 13.049
201812 10.500 99.700 11.869
201903 10.660 99.700 12.050
201906 47.560 99.800 53.708
201909 9.100 100.100 10.245
201912 32.730 100.500 36.703
202003 47.930 100.300 53.856
202006 51.440 99.900 58.031
202009 26.300 99.900 29.670
202012 30.160 99.300 34.230
202103 49.901 99.900 56.295
202106 55.830 99.500 63.237
202109 13.620 100.100 15.334
202112 26.829 100.100 30.206
202203 40.790 101.100 45.470
202206 23.480 101.800 25.994
202209 -3.870 103.100 -4.230
202212 17.245 104.100 18.670
202303 0.970 104.400 1.047
202306 34.370 105.200 36.820
202309 -2.980 106.200 -3.162
202312 8.463 106.800 8.931
202403 3.090 107.200 3.249
202406 26.540 108.200 27.644
202409 -6.460 108.900 -6.685
202412 8.020 110.700 8.165
202503 11.250 111.100 11.412
202506 34.320 111.700 34.627
202509 -9.340 112.000 -9.398
202512 13.410 113.000 13.374
202603 12.200 112.700 12.200

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82.43 mean?
IR Japan Holdings (TSE:6035) has a E10 of 円82.43 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on IR Japan Holdings and its competitors.
Is IR Japan Holdings' E10 too high?
IR Japan Holdings' current E10 is 円82.43. Overall, IR Japan Holdings has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IR Japan Holdings' E10 compare to VRSK and EFX?
IR Japan Holdings' E10 of 円82.43 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 IR Japan Holdings and its competitors. IR Japan Holdings's current E10 is 円82.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IR Japan Holdings stock overvalued right now?
Based on GuruFocus' analysis, IR Japan Holdings (TSE:6035) is currently considered Modestly Undervalued. The stock's GF Value™ is 円916.49, compared to a current price of 円710.00 — trading 22.5% below its estimated fair value. The current E10 is 円82.43. IR Japan Holdings' overall GF Score™ is 68/100 with 3 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 IR Japan Holdings (TSE:6035), the current E10 is 円82.43 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 IR Japan Holdings (TSE:6035) Overvalued in 2026?

Based on GuruFocus' analysis, IR Japan Holdings stock appears to be undervalued. The current stock price of 円710.00 is trading 22.5% below its estimated GF Value™ of 円916.49. GuruFocus considers IR Japan Holdings to be Modestly Undervalued.

Key valuation signals for TSE:6035:

  • E10: 円82.43
  • GF Value™: 円916.49 vs. price of 円710.00 (22.5% below fair value)
  • GF Score™: 68/100 with 3 warning signs

No single metric tells the full story. See the TSE:6035 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IR Japan Holdings Business Description

Address 2-5, Kasumigaseki 3-chome, Chiyoda-ku, 26th floor, Kasumigaseki Building, Tokyo, JPN, 100-6026
IR Japan Holdings Ltd is engaged in the provision of investor relation (IR) and shareholder relation (SR) consulting services to publicly listed companies in Japan. It also provides investment banking business and stock transfer agency business.
68GF Score

Get the complete analysis for TSE:6035

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

円710.00
Price
円916.49
GF Value