Makino Milling Machine Co (TSE:6135) E10: 円510.25 (As of Mar. 2026)


TSE:6135 Makino Milling Machine Co Ltd TSE:6135
70 GF Score
Price 円15,200.00
GF Value 円8,227.39
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Makino Milling Machine Co E10?

Makino Milling Machine Co TSE:6135 -1.36% 70 E10 is 円510.25 as of Mar. 2026. GuruFocus rates TSE:6135 with a GF Score™ of 70/100 and a GF Value™ of 円8,227.39 (Significantly Overvalued). 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.

Makino Milling Machine Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円297.670. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円510.25 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Makino Milling Machine Co's average E10 Growth Rate was 8.70% per year. During the past 3 years, the average E10 Growth Rate was 9.60% per year. During the past 5 years, the average E10 Growth Rate was 11.60% 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 Makino Milling Machine Co was 18.10% per year. The lowest was 6.40% per year. And the median was 10.80% per year.

As of today (2026-07-03), Makino Milling Machine Co's current stock price is 円15200.00. Makino Milling Machine Co's E10 for the quarter that ended in Mar. 2026 was 円510.25. Makino Milling Machine Co's Shiller PE Ratio of today is 29.79.

During the past 13 years, the highest Shiller PE Ratio of Makino Milling Machine Co was 39.15. The lowest was 7.86. And the median was 14.77.


Makino Milling Machine Co  (TSE:6135) 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.

Makino Milling Machine Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15200.00/510.25
=29.79

* 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 Makino Milling Machine Co was 39.15. The lowest was 7.86. And the median was 14.77.


Be Aware

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


Makino Milling Machine Co E10 Related Terms


Makino Milling Machine Co E10 Historical Data

* Premium members only.

The historical data trend for Makino Milling Machine 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.

Makino Milling Machine Co E10 Chart

Makino Milling Machine 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 334.22 387.12 445.98 469.28 510.25

Makino Milling Machine 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 469.28 469.17 478.59 499.99 510.25

TSE:6135 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Makino Milling Machine 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.


Makino Milling Machine Co Shiller PE Ratio vs Industrial Products Industry

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

* The bar in red indicates where Makino Milling Machine Co's Shiller PE Ratio falls into.


TSE:6135
70GF Score
Makino Milling Machine Co Ltd TSE:6135
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makino Milling Machine 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, Makino Milling Machine 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)
=297.67/112.7000*112.7000
=297.670

Current CPI (Mar. 2026) = 112.7000.

Makino Milling Machine Co Quarterly Data

per share eps CPI Adj_EPS
201606 13.050 98.100 14.992
201609 22.700 98.000 26.105
201612 91.650 98.400 104.969
201703 177.750 98.100 204.204
201706 12.650 98.500 14.474
201709 98.350 98.800 112.187
201712 124.040 99.400 140.637
201803 232.767 99.200 264.444
201806 113.400 99.200 128.832
201809 153.720 99.900 173.416
201812 218.360 99.700 246.832
201903 203.820 99.700 230.396
201906 17.420 99.800 19.672
201909 18.400 100.100 20.716
201912 -18.901 100.500 -21.195
202003 17.040 100.300 19.147
202006 -81.780 99.900 -92.258
202009 -53.490 99.900 -60.344
202012 -22.663 99.300 -25.721
202103 47.110 99.900 53.146
202106 51.580 99.500 58.423
202109 86.978 100.100 97.926
202112 103.810 100.100 116.877
202203 256.860 101.100 286.332
202206 99.770 101.800 110.453
202209 123.357 103.100 134.843
202212 218.640 104.100 236.702
202303 230.090 104.400 248.383
202306 192.410 105.200 206.127
202309 128.925 106.200 136.816
202312 150.820 106.800 159.152
202403 198.350 107.200 208.527
202406 136.590 108.200 142.271
202409 108.280 108.900 112.058
202412 202.430 110.700 206.087
202503 165.870 111.100 168.259
202506 53.350 111.700 53.828
202509 235.780 112.000 237.254
202512 310.690 113.000 309.865
202603 297.670 112.700 297.670

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510.25 mean?
Makino Milling Machine Co (TSE:6135) has a E10 of 円510.25 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Makino Milling Machine Co and its competitors.
Is Makino Milling Machine Co's E10 too high?
Makino Milling Machine Co's current E10 is 円510.25. Overall, Makino Milling Machine Co has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makino Milling Machine Co's E10 compare to GEV and ETN?
Makino Milling Machine Co's E10 of 円510.25 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 Makino Milling Machine Co and its competitors. Makino Milling Machine Co's current E10 is 円510.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makino Milling Machine Co stock overvalued right now?
Based on GuruFocus' analysis, Makino Milling Machine Co (TSE:6135) is currently considered Significantly Overvalued. The stock's GF Value™ is 円8,227.39, compared to a current price of 円15,200.00 — trading 84.7% above its estimated fair value. The current E10 is 円510.25. Makino Milling Machine Co's overall GF Score™ is 70/100 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 Makino Milling Machine Co (TSE:6135), the current E10 is 円510.25 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 Makino Milling Machine Co (TSE:6135) Overvalued in 2026?

Based on GuruFocus' analysis, Makino Milling Machine Co stock appears to be overvalued. The current stock price of 円15,200.00 is trading 84.7% above its estimated GF Value™ of 円8,227.39. GuruFocus considers Makino Milling Machine Co to be Significantly Overvalued.

Key valuation signals for TSE:6135:

  • E10: 円510.25
  • GF Value™: 円8,227.39 vs. price of 円15,200.00 (84.7% above fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the TSE:6135 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Makino Milling Machine Co Business Description

Other Exchanges MKMLF:USA95B:Germany
Address 3-19 Nakane 2-chome, Meguro-ku, Tokyo, JPN, 152-8578
Makino Milling Machine Co Ltd is a software and engineering service provider offering machine tool builders. The company manufactures, sells and exports machines. It offers numeric control (NC) electrical discharge machines, NC milling machines, milling machines, computer-aided design (CAD) computer-aided manufacturing (CAM) systems, and other products. Its product application is spread into various industries such as automotive, aerospace, general machining, medical and construction. The firm also engages in the business of equipment financing.
70GF Score

Get the complete analysis for TSE:6135

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

円15,200.00
Price
円8,227.39
GF Value