PhoenixBio Co (TSE:6190) E10: 円-39.44 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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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:6190 PhoenixBio Co Ltd TSE:6190
53 GF Score
Price 円319.00
GF Value 円360.95
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is PhoenixBio Co E10?

PhoenixBio Co TSE:6190 -4.20% 53 E10 is 円-39.44 as of Mar. 2026. GuruFocus rates TSE:6190 with a GF Score™ of 53/100 and a GF Value™ of 円360.95 (Modestly Undervalued). The stock has 2 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.

PhoenixBio Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円7.827. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円-39.44 for the trailing ten years ended in Mar. 2026.

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 (2026-09-09), PhoenixBio Co's current stock price is 円319.00. PhoenixBio Co's E10 for the quarter that ended in Mar. 2026 was 円-39.44. PhoenixBio Co's Shiller PE Ratio of today is .


PhoenixBio Co  (TSE:6190) 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.


Be Aware

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


PhoenixBio Co E10 Related Terms


PhoenixBio Co E10 Historical Data

* Premium members only.

The historical data trend for PhoenixBio 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.

PhoenixBio Co E10 Chart

PhoenixBio 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 0.00 0.00 -39.44

PhoenixBio Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 -41.41 -39.44 0.00

TSE:6190 vs VRTX, REGN, MRNA: E10 Comparison

For the Biotechnology subindustry, PhoenixBio 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.


PhoenixBio Co Shiller PE Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, PhoenixBio Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:6190
53GF Score
PhoenixBio Co Ltd TSE:6190
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PhoenixBio 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, PhoenixBio 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)
=7.827/112.7000*112.7000
=7.827

Current CPI (Mar. 2026) = 112.7000.

PhoenixBio Co Quarterly Data

per share eps CPI Adj_EPS
201603 18.722 97.900 21.552
201606 1.100 98.100 1.264
201609 -12.710 98.000 -14.617
201612 34.895 98.400 39.966
201703 21.080 98.100 24.217
201706 -48.030 98.500 -54.954
201709 -28.486 98.800 -32.494
201712 -2.278 99.400 -2.583
201803 -14.691 99.200 -16.690
201806 -56.890 99.200 -64.632
201809 -29.349 99.900 -33.109
201812 -3.577 99.700 -4.043
201903 -12.314 99.700 -13.920
201906 -26.900 99.800 -30.377
201909 -26.640 100.100 -29.993
201912 -9.596 100.500 -10.761
202003 -78.730 100.300 -88.463
202006 -39.640 99.900 -44.719
202009 -44.340 99.900 -50.021
202012 -24.413 99.300 -27.707
202103 33.247 99.900 37.507
202106 12.910 99.500 14.623
202109 -59.280 100.100 -66.742
202112 -9.442 100.100 -10.631
202203 -68.490 101.100 -76.348
202206 20.760 101.800 22.983
202209 76.212 103.100 83.308
202212 10.050 104.100 10.880
202303 27.384 104.400 29.561
202306 8.010 105.200 8.581
202309 -4.060 106.200 -4.308
202312 -3.640 106.800 -3.841
202403 2.978 107.200 3.131
202406 5.750 108.200 5.989
202409 -36.640 108.900 -37.919
202503 0.000 111.100 0.000
202506 4.740 111.700 4.782
202509 -1.710 112.000 -1.721
202512 19.910 113.000 19.857
202603 7.827 112.700 7.827

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-39.44 mean?
PhoenixBio Co (TSE:6190) has a E10 of 円-39.44 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PhoenixBio Co and its competitors.
Is PhoenixBio Co's E10 too high?
PhoenixBio Co's current E10 is 円-39.44. Overall, PhoenixBio Co has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PhoenixBio Co's E10 compare to VRTX and REGN?
PhoenixBio Co's E10 of 円-39.44 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good E10 depends on the Biotechnology 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 PhoenixBio Co and its competitors. PhoenixBio Co's current E10 is 円-39.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhoenixBio Co stock overvalued right now?
Based on GuruFocus' analysis, PhoenixBio Co (TSE:6190) is currently considered Modestly Undervalued. The stock's GF Value™ is 円360.95, compared to a current price of 円319.00 — trading 11.6% below its estimated fair value. The current E10 is 円-39.44. PhoenixBio Co's overall GF Score™ is 53/100 with 2 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 PhoenixBio Co (TSE:6190), the current E10 is 円-39.44 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 PhoenixBio Co (TSE:6190) Overvalued in 2026?

Based on GuruFocus' analysis, PhoenixBio Co stock appears to be undervalued. The current stock price of 円319.00 is trading 11.6% below its estimated GF Value™ of 円360.95. GuruFocus considers PhoenixBio Co to be Modestly Undervalued.

Key valuation signals for TSE:6190:

  • E10: 円-39.44
  • GF Value™: 円360.95 vs. price of 円319.00 (11.6% below fair value)
  • GF Score™: 53/100 with 2 warning signs

No single metric tells the full story. See the TSE:6190 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PhoenixBio Co Business Description

Address 3-4-1, Kagamiyama, Hiroshima Prefecture, Higashi-Hiroshima, JPN, 739-0046
PhoenixBio Co Ltd conducts study services for drug discovery and early development. It provides outsourcing services for drug development. The Company uses PXB-Mouse to conduct the study. Its services include pharmacokinetics-related tests, safety tests, and hepatitis virus (HBV / HCV) related drug efficacy tests. Geographically, the company generates the majority of its revenue from USA.
53GF Score

Get the complete analysis for TSE:6190

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

円319.00
Price
円360.95
GF Value