Nagaoka International (TSE:6239) E10: 円54.99 (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:6239 Nagaoka International Corp TSE:6239
59 GF Score
Price 円1,452.00
GF Value 円1,102.65
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Nagaoka International E10?

Nagaoka International TSE:6239 +0.69% 59 E10 is 円54.99 as of Mar. 2026. GuruFocus rates TSE:6239 with a GF Score™ of 59/100 and a GF Value™ of 円1,102.65 (Significantly Overvalued). The stock has 4 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.

Nagaoka International's adjusted earnings per share data for the three months ended in Mar. 2026 was 円18.880. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円54.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nagaoka International's average E10 Growth Rate was -100.00% 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 (2026-08-30), Nagaoka International's current stock price is 円1452.00. Nagaoka International's E10 for the quarter that ended in Mar. 2026 was 円54.99. Nagaoka International's Shiller PE Ratio of today is 26.40.

During the past 13 years, the highest Shiller PE Ratio of Nagaoka International was 35.75. The lowest was 23.68. And the median was 29.81.


Nagaoka International  (TSE:6239) 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.

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

Shiller PE Ratio=Share Price/E10
=1452.00/54.99
=26.40

* 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 Nagaoka International was 35.75. The lowest was 23.68. And the median was 29.81.


Be Aware

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


Nagaoka International E10 Related Terms


Nagaoka International E10 Historical Data

* Premium members only.

The historical data trend for Nagaoka International'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.

Nagaoka International E10 Chart

Nagaoka International Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 46.78 0.00

Nagaoka International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 46.78 42.07 50.99 54.99 0.00

TSE:6239 vs MPC, VLO, PSX: E10 Comparison

For the Oil & Gas Refining & Marketing subindustry, Nagaoka International'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.


Nagaoka International Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Nagaoka International's Shiller PE Ratio distribution charts can be found below:

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


TSE:6239
59GF Score
Nagaoka International Corp TSE:6239
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nagaoka International 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, Nagaoka International'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)
=18.88/112.7000*112.7000
=18.880

Current CPI (Mar. 2026) = 112.7000.

Nagaoka International Quarterly Data

per share eps CPI Adj_EPS
201603 -125.560 97.900 -144.541
201606 -1.450 98.100 -1.666
201609 -16.200 98.000 -18.630
201612 -34.980 98.400 -40.063
201703 -54.486 98.100 -62.595
201706 -59.335 98.500 -67.889
201709 9.205 98.800 10.500
201712 11.003 99.400 12.475
201803 10.257 99.200 11.653
201806 -4.775 99.200 -5.425
201809 5.410 99.900 6.103
201812 17.530 99.700 19.816
201903 26.350 99.700 29.786
201906 2.954 99.800 3.336
201909 37.480 100.100 42.198
201912 34.870 100.500 39.103
202003 16.464 100.300 18.499
202006 12.679 99.900 14.304
202009 25.310 99.900 28.553
202012 21.230 99.300 24.095
202103 22.830 99.900 25.755
202106 27.333 99.500 30.959
202109 18.660 100.100 21.009
202112 38.824 100.100 43.711
202203 13.120 101.100 14.625
202206 42.170 101.800 46.685
202209 17.810 103.100 19.468
202212 13.907 104.100 15.056
202303 47.340 104.400 51.104
202306 43.989 105.200 47.125
202309 26.020 106.200 27.613
202312 35.400 106.800 37.356
202403 54.780 107.200 57.591
202406 47.978 108.200 49.973
202412 0.000 110.700 0.000
202503 22.810 111.100 23.138
202506 67.960 111.700 68.568
202509 -6.670 112.000 -6.712
202512 24.690 113.000 24.624
202603 18.880 112.700 18.880

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54.99 mean?
Nagaoka International (TSE:6239) has a E10 of 円54.99 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nagaoka International and its competitors.
Is Nagaoka International's E10 too high?
Nagaoka International's current E10 is 円54.99. Overall, Nagaoka International has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nagaoka International's E10 compare to MPC and VLO?
Nagaoka International's E10 of 円54.99 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good E10 depends on the Oil & Gas 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 Nagaoka International and its competitors. Nagaoka International's current E10 is 円54.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nagaoka International stock overvalued right now?
Based on GuruFocus' analysis, Nagaoka International (TSE:6239) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,102.65, compared to a current price of 円1,452.00 — trading 31.7% above its estimated fair value. The current E10 is 円54.99. Nagaoka International's overall GF Score™ is 59/100 with 4 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 Nagaoka International (TSE:6239), the current E10 is 円54.99 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 Nagaoka International (TSE:6239) Overvalued in 2026?

Based on GuruFocus' analysis, Nagaoka International stock appears to be overvalued. The current stock price of 円1,452.00 is trading 31.7% above its estimated GF Value™ of 円1,102.65. GuruFocus considers Nagaoka International to be Significantly Overvalued.

Key valuation signals for TSE:6239:

  • E10: 円54.99
  • GF Value™: 円1,102.65 vs. price of 円1,452.00 (31.7% above fair value)
  • GF Score™: 59/100 with 4 warning signs

No single metric tells the full story. See the TSE:6239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nagaoka International Business Description

Industry EnergyOil & Gas
Address 1-8-15, Azuchimachi, 7th Floor, Nomura Osaka Building, Chuo-ku, Osaka, JPN, 541-0052
Nagaoka International Corp is engaged in the manufacturing and sale of equipment and systems for energy and water-related industries. The company has two reportable segments: energy-related business and water-related business. The energy-related business focuses on producing screen internals and internal equipment for oil refineries and petrochemical plants. The water-related business is involved in the manufacture and sale of water intake screens, Chemiless and Hisys systems, and the construction of water treatment plants. It generates the majority of its revenue from the Energy-related business segment.
59GF Score

Get the complete analysis for TSE:6239

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

円1,452.00
Price
円1,102.65
GF Value