Recruit Holdings Co (TSE:6098) E10: 円177.43 (As of Mar. 2026)


TSE:6098 Recruit Holdings Co Ltd TSE:6098
97 GF Score
Price 円11,530.00
GF Value 円8,902.86
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Recruit Holdings Co E10?

Recruit Holdings Co TSE:6098 +1.77% 97 E10 is 円177.43 as of Mar. 2026. GuruFocus rates TSE:6098 with a GF Score™ of 97/100 and a GF Value™ of 円8,902.86 (Modestly Overvalued). The stock has 5 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.

Recruit Holdings Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円72.950. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円177.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Recruit Holdings Co's average E10 Growth Rate was 22.50% 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.

As of today (2026-07-01), Recruit Holdings Co's current stock price is 円11530.00. Recruit Holdings Co's E10 for the quarter that ended in Mar. 2026 was 円177.43. Recruit Holdings Co's Shiller PE Ratio of today is 64.98.

During the past 13 years, the highest Shiller PE Ratio of Recruit Holdings Co was 86.61. The lowest was 35.85. And the median was 56.72.


Recruit Holdings Co  (TSE:6098) 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.

Recruit Holdings Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11530.00/177.43
=64.98

* 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 Recruit Holdings Co was 86.61. The lowest was 35.85. And the median was 56.72.


Be Aware

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


Recruit Holdings Co E10 Related Terms


Recruit Holdings Co E10 Historical Data

* Premium members only.

The historical data trend for Recruit Holdings 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.

Recruit Holdings Co E10 Chart

Recruit Holdings 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 0.00 0.00 118.17 144.85 177.43

Recruit Holdings Co 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 144.85 152.47 161.04 171.73 177.43

TSE:6098 vs GOOGL, META, SPOT: E10 Comparison

For the Internet Content & Information subindustry, Recruit Holdings 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.


Recruit Holdings Co Shiller PE Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Recruit Holdings Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:6098
97GF Score
Recruit Holdings Co Ltd TSE:6098
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Recruit Holdings 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, Recruit Holdings 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)
=72.95/112.7000*112.7000
=72.950

Current CPI (Mar. 2026) = 112.7000.

Recruit Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201606 20.510 98.100 23.562
201609 29.140 98.000 33.511
201612 20.920 98.400 23.960
201703 10.620 98.100 12.201
201706 24.030 98.500 27.494
201709 25.000 98.800 28.517
201712 27.800 99.400 31.520
201803 13.770 99.200 15.644
201806 28.290 99.200 32.140
201809 27.070 99.900 30.538
201812 31.890 99.700 36.048
201903 16.850 99.700 19.047
201906 35.430 99.800 40.010
201909 32.760 100.100 36.884
201912 31.590 100.500 35.425
202003 8.270 100.300 9.292
202006 13.520 99.900 15.252
202009 24.330 99.900 27.447
202012 33.340 99.300 37.839
202103 8.500 99.900 9.589
202106 47.490 99.500 53.790
202109 53.260 100.100 59.964
202112 50.670 100.100 57.048
202203 29.560 101.100 32.952
202206 52.280 101.800 57.878
202209 52.730 103.100 57.640
202212 48.240 104.100 52.225
202303 14.460 104.400 15.610
202306 61.430 105.200 65.810
202309 72.540 106.200 76.980
202312 67.080 106.800 70.786
202403 22.120 107.200 23.255
202406 68.020 108.200 70.849
202409 74.790 108.900 77.400
202412 78.690 110.700 80.112
202503 46.820 111.100 47.494
202506 83.240 111.700 83.985
202509 88.460 112.000 89.013
202512 102.940 113.000 102.667
202603 72.950 112.700 72.950

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177.43 mean?
Recruit Holdings Co (TSE:6098) has a E10 of 円177.43 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Recruit Holdings Co and its competitors.
Is Recruit Holdings Co's E10 too high?
Recruit Holdings Co's current E10 is 円177.43. Overall, Recruit Holdings Co has a GF Score™ of 97/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Recruit Holdings Co's E10 compare to GOOGL and META?
Recruit Holdings Co's E10 of 円177.43 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good E10 depends on the Interactive Media 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 Recruit Holdings Co and its competitors. Recruit Holdings Co's current E10 is 円177.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Recruit Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Recruit Holdings Co (TSE:6098) is currently considered Modestly Overvalued. The stock's GF Value™ is 円8,902.86, compared to a current price of 円11,530.00 — trading 29.5% above its estimated fair value. The current E10 is 円177.43. Recruit Holdings Co's overall GF Score™ is 97/100 with 5 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 Recruit Holdings Co (TSE:6098), the current E10 is 円177.43 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 Recruit Holdings Co (TSE:6098) Overvalued in 2026?

Based on GuruFocus' analysis, Recruit Holdings Co stock appears to be overvalued. The current stock price of 円11,530.00 is trading 29.5% above its estimated GF Value™ of 円8,902.86. GuruFocus considers Recruit Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:6098:

  • E10: 円177.43
  • GF Value™: 円8,902.86 vs. price of 円11,530.00 (29.5% above fair value)
  • GF Score™: 97/100 with 5 warning signs

No single metric tells the full story. See the TSE:6098 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Recruit Holdings Co Business Description

Address 1-9-2 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6640
Recruit is a holding company for various technology and employment-related businesses. Recruit's primary business is its HR technology segment, in which it owns two out of three globally scaled employment-related platforms: www.indeed.com, an online marketplace for employment; and www.glassdoor.com, an online review site for employers. Recruit also owns various marketing businesses operating in Japan for life events and lifestyle, a software solutions business for small and medium-size enterprises, or SMEs, in Japan, and various staffing businesses operating throughout the developed world.
97GF Score

Get the complete analysis for TSE:6098

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

円11,530.00
Price
円8,902.86
GF Value