Komatsu (TSE:6301) E10: 円 (As of Jun. 2026)

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TSE:6301 Komatsu Ltd TSE:6301
84 GF Score
Price 円7,012.00
GF Value 円4,981.69
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Komatsu E10?

Komatsu TSE:6301 -0.67% 84 E10 is 円 as of Jun. 2026. GuruFocus rates TSE:6301 with a GF Score™ of 84/100 and a GF Value™ of 円4,981.69 (Significantly 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.

Komatsu's adjusted earnings per share data for the three months ended in Jun. 2026 was 円107.239. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is for the trailing ten years ended in Jun. 2026.

During the past 12 months, Komatsu's average E10 Growth Rate was 10.70% per year. During the past 3 years, the average E10 Growth Rate was 13.70% per year. During the past 5 years, the average E10 Growth Rate was 12.80% per year. During the past 10 years, the average E10 Growth Rate was 8.30% 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 Komatsu was 15.10% per year. The lowest was 3.10% per year. And the median was 8.05% per year.

As of today (2026-09-19), Komatsu's current stock price is 円7012.00. Komatsu's E10 for the quarter that ended in Jun. 2026 was . Komatsu's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Komatsu was 31.49. The lowest was 8.63. And the median was 17.62.


Komatsu  (TSE:6301) 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.

During the past 13 years, the highest Shiller P/E Ratio of Komatsu was 31.49. The lowest was 8.63. And the median was 17.62.


Be Aware

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


Komatsu E10 Related Terms


Komatsu E10 Historical Data

* Premium members only.

The historical data trend for Komatsu'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.

Komatsu E10 Chart

Komatsu 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 176.32 201.90 230.18 267.53 296.01

Komatsu Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 276.49 282.57 290.79 297.71

TSE:6301 vs CAT, DE, PCAR: E10 Comparison

For the Farm & Heavy Construction Machinery subindustry, Komatsu'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.


Komatsu Shiller PE Ratio vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Komatsu's Shiller PE Ratio distribution charts can be found below:

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


TSE:6301
84GF Score
Komatsu Ltd TSE:6301
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Komatsu 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, Komatsu's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=107.239/113.6000*113.6000
=107.239

Current CPI (Jun. 2026) = 113.6000.

Komatsu Quarterly Data

per share eps CPI Adj_EPS
201609 23.230 98.000 26.928
201612 32.640 98.400 37.682
201703 47.710 98.100 55.248
201706 38.544 98.500 44.453
201709 69.206 98.800 79.573
201712 56.439 99.400 64.502
201803 43.773 99.200 50.127
201806 66.668 99.200 76.346
201809 66.074 99.900 75.135
201812 62.247 99.700 70.925
201903 76.520 99.700 87.188
201906 50.250 99.800 57.198
201909 45.070 100.100 51.148
201912 47.832 100.500 54.067
202003 19.649 100.300 22.255
202006 17.195 99.900 19.553
202009 22.264 99.900 25.317
202012 30.338 99.300 34.707
202103 42.562 99.900 48.399
202106 43.257 99.500 49.387
202109 55.273 100.100 62.727
202112 65.958 100.100 74.853
202203 73.356 101.100 82.426
202206 85.096 101.800 94.960
202209 86.843 103.100 95.687
202212 73.324 104.100 80.015
202303 99.840 104.400 108.638
202306 111.481 105.200 120.383
202309 105.858 106.200 113.234
202312 104.350 106.800 110.994
202403 94.162 107.200 99.784
202406 116.470 108.200 122.283
202409 99.290 108.900 103.575
202412 117.390 110.700 120.465
202503 139.988 111.100 143.138
202506 99.151 111.700 100.838
202509 92.651 112.000 93.975
202512 104.080 113.000 104.633
202603 118.058 112.700 119.001
202606 107.239 113.600 107.239

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 mean?
Komatsu (TSE:6301) has a E10 of 円 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Komatsu and its competitors.
Is Komatsu's E10 too high?
Komatsu's current E10 is 円. Overall, Komatsu has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Komatsu's E10 compare to CAT and DE?
Komatsu's E10 of 円 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good E10 depends on the Farm & Heavy Construction Machinery 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 Komatsu and its competitors. Komatsu's current E10 is 円. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komatsu stock overvalued right now?
Based on GuruFocus' analysis, Komatsu (TSE:6301) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,981.69, compared to a current price of 円7,012.00 — trading 40.8% above its estimated fair value. The current E10 is 円. Komatsu's overall GF Score™ is 84/100 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 Komatsu (TSE:6301), the current E10 is 円 as of Jun. 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 Komatsu (TSE:6301) Overvalued in 2026?

Based on GuruFocus' analysis, Komatsu stock appears to be overvalued. The current stock price of 円7,012.00 is trading 40.8% above its estimated GF Value™ of 円4,981.69. GuruFocus considers Komatsu to be Significantly Overvalued.

Key valuation signals for TSE:6301:

  • E10:
  • GF Value™: 円4,981.69 vs. price of 円7,012.00 (40.8% above fair value)
  • GF Score™: 84/100 with 6 warning signs

No single metric tells the full story. See the TSE:6301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Komatsu Business Description

Address 1-2-20 Kaigan, Shiodome Building, Minato-ku, Tokyo, JPN, 105-8316
Komatsu, headquartered in Tokyo, is the world's second-largest manufacturer of construction, mining, and utility equipment, with a legacy dating back to 1921. Operating in over 150 countries, Komatsu delivers a full suite of heavy machinery, intelligent solutions, and lifecycle services across infrastructure, energy, natural resources, and industrial sectors.
84GF Score

Get the complete analysis for TSE:6301

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

円7,012.00
Price
円4,981.69
GF Value