Furyu (TSE:6238) E10: 円87.21 (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:6238 Furyu Corp TSE:6238
83 GF Score
Price 円1,395.00
GF Value 円1,194.20
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Furyu E10?

Furyu TSE:6238 +0.29% 83 E10 is 円87.21 as of Mar. 2026. GuruFocus rates TSE:6238 with a GF Score™ of 83/100 and a GF Value™ of 円1,194.20 (Modestly Overvalued). The stock has 6 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.

Furyu's adjusted earnings per share data for the three months ended in Mar. 2026 was 円7.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円87.21 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 (2026-09-11), Furyu's current stock price is 円1395.00. Furyu's E10 for the quarter that ended in Mar. 2026 was 円87.21. Furyu's Shiller PE Ratio of today is 16.00.

During the past 12 years, the highest Shiller PE Ratio of Furyu was 16.48. The lowest was 11.55. And the median was 14.23.


Furyu  (TSE:6238) 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.

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

Shiller PE Ratio=Share Price/E10
=1395.00/87.21
=16.00

* 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 12 years, the highest Shiller P/E Ratio of Furyu was 16.48. The lowest was 11.55. And the median was 14.23.


Be Aware

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


Furyu E10 Related Terms


Furyu E10 Historical Data

* Premium members only.

The historical data trend for Furyu'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.

Furyu E10 Chart

Furyu 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 87.21

Furyu 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 87.65 89.06 87.21 0.00

TSE:6238 vs AS, HAS, LTH: E10 Comparison

For the Leisure subindustry, Furyu'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.


Furyu Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Furyu's Shiller PE Ratio distribution charts can be found below:

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


TSE:6238
83GF Score
Furyu Corp TSE:6238
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Furyu 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, Furyu'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)
=7.1/112.7000*112.7000
=7.100

Current CPI (Mar. 2026) = 112.7000.

Furyu Quarterly Data

per share eps CPI Adj_EPS
201603 14.317 97.900 16.481
201606 29.920 98.100 34.373
201609 29.800 98.000 34.270
201612 25.820 98.400 29.572
201703 13.346 98.100 15.332
201706 17.530 98.500 20.057
201709 14.600 98.800 16.654
201712 13.890 99.400 15.749
201803 14.964 99.200 17.000
201806 17.640 99.200 20.041
201809 24.760 99.900 27.932
201812 7.452 99.700 8.424
201903 17.340 99.700 19.601
201906 19.450 99.800 21.964
201909 28.710 100.100 32.324
201912 38.790 100.500 43.499
202003 21.522 100.300 24.183
202006 3.460 99.900 3.903
202009 18.829 99.900 21.242
202012 18.989 99.300 21.551
202103 26.135 99.900 29.484
202106 29.690 99.500 33.629
202109 38.360 100.100 43.189
202112 22.871 100.100 25.750
202203 2.080 101.100 2.319
202206 15.210 101.800 16.839
202209 22.770 103.100 24.890
202212 13.740 104.100 14.875
202303 1.636 104.400 1.766
202306 31.770 105.200 34.035
202309 28.106 106.200 29.826
202312 29.040 106.800 30.644
202403 5.292 107.200 5.564
202406 16.490 108.200 17.176
202409 17.530 108.900 18.142
202503 0.000 111.100 0.000
202506 17.490 111.700 17.647
202509 25.020 112.000 25.176
202512 28.200 113.000 28.125
202603 7.100 112.700 7.100

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87.21 mean?
Furyu (TSE:6238) has a E10 of 円87.21 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Furyu and its competitors.
Is Furyu's E10 too high?
Furyu's current E10 is 円87.21. Overall, Furyu has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Furyu's E10 compare to AS and HAS?
Furyu's E10 of 円87.21 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 Furyu and its competitors. Furyu's current E10 is 円87.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Furyu stock overvalued right now?
Based on GuruFocus' analysis, Furyu (TSE:6238) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,194.20, compared to a current price of 円1,395.00 — trading 16.8% above its estimated fair value. The current E10 is 円87.21. Furyu's overall GF Score™ is 83/100 with 6 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 Furyu (TSE:6238), the current E10 is 円87.21 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 Furyu (TSE:6238) Overvalued in 2026?

Based on GuruFocus' analysis, Furyu stock appears to be overvalued. The current stock price of 円1,395.00 is trading 16.8% above its estimated GF Value™ of 円1,194.20. GuruFocus considers Furyu to be Modestly Overvalued.

Key valuation signals for TSE:6238:

  • E10: 円87.21
  • GF Value™: 円1,194.20 vs. price of 円1,395.00 (16.8% above fair value)
  • GF Score™: 83/100 with 6 warning signs

No single metric tells the full story. See the TSE:6238 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Furyu Business Description

Address 2-3 Uguisudani-cho, 2nd Floor, Coms Building, Shibuya-ku, Tokyo, JPN, 150-0032
Furyu Corp is a holding company that mainly plans, develops, manufactures, and markets photo sticker machines. It includes sales, planning and development of photo sticker machines, amusement prizes, mobile services for young women, and video and smart phone games. It also provides ring tunes, decoration mail, mobile games, and other mobile content services.
83GF Score

Get the complete analysis for TSE:6238

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

円1,395.00
Price
円1,194.20
GF Value