Hitachi Construction Machinery Co (TSE:6305) E10: 円296.51 (As of Mar. 2026)

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TSE:6305 Hitachi Construction Machinery Co Ltd TSE:6305
86 GF Score
Price 円5,287.00
GF Value 円4,456.64
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Hitachi Construction Machinery Co E10?

Hitachi Construction Machinery Co TSE:6305 +0.72% 86 E10 is 円296.51 as of Mar. 2026. GuruFocus rates TSE:6305 with a GF Score™ of 86/100 and a GF Value™ of 円4,456.64 (Modestly Overvalued). 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.

Hitachi Construction Machinery Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円47.125. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円296.51 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hitachi Construction Machinery Co's average E10 Growth Rate was 12.80% per year. During the past 3 years, the average E10 Growth Rate was 14.20% per year. During the past 5 years, the average E10 Growth Rate was 15.20% 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 Hitachi Construction Machinery Co was 16.20% per year. The lowest was 10.10% per year. And the median was 13.45% per year.

As of today (2026-07-17), Hitachi Construction Machinery Co's current stock price is 円5287.00. Hitachi Construction Machinery Co's E10 for the quarter that ended in Mar. 2026 was 円296.51. Hitachi Construction Machinery Co's Shiller PE Ratio of today is 17.83.

During the past 13 years, the highest Shiller PE Ratio of Hitachi Construction Machinery Co was 48.94. The lowest was 12.56. And the median was 19.24.


Hitachi Construction Machinery Co  (TSE:6305) 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.

Hitachi Construction Machinery Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5287.00/296.51
=17.83

* 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 Hitachi Construction Machinery Co was 48.94. The lowest was 12.56. And the median was 19.24.


Be Aware

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


Hitachi Construction Machinery Co E10 Related Terms


Hitachi Construction Machinery Co E10 Historical Data

* Premium members only.

The historical data trend for Hitachi Construction Machinery 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.

Hitachi Construction Machinery Co E10 Chart

Hitachi Construction Machinery 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 172.30 199.00 229.77 262.97 296.51

Hitachi Construction Machinery 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 262.97 268.20 279.20 297.37 296.51

TSE:6305 vs CAT, DE, PCAR: E10 Comparison

For the Farm & Heavy Construction Machinery subindustry, Hitachi Construction Machinery 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.


Hitachi Construction Machinery Co Shiller PE Ratio vs Farm & Heavy Construction Machinery Industry

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

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


TSE:6305
86GF Score
Hitachi Construction Machinery Co Ltd TSE:6305
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hitachi Construction Machinery 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, Hitachi Construction Machinery 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)
=47.125/112.7000*112.7000
=47.125

Current CPI (Mar. 2026) = 112.7000.

Hitachi Construction Machinery Co Quarterly Data

per share eps CPI Adj_EPS
201606 -7.520 98.100 -8.639
201609 18.170 98.000 20.896
201612 1.240 98.400 1.420
201703 25.830 98.100 29.674
201706 33.440 98.500 38.261
201709 75.770 98.800 86.430
201712 91.620 99.400 103.879
201803 81.330 99.200 92.398
201806 73.880 99.200 83.934
201809 68.340 99.900 77.096
201812 99.050 99.700 111.965
201903 81.040 99.700 91.607
201906 64.170 99.800 72.465
201909 54.310 100.100 61.146
201912 46.630 100.500 52.291
202003 28.500 100.300 32.023
202006 0.950 99.900 1.072
202009 0.040 99.900 0.045
202012 13.710 99.300 15.560
202103 33.920 99.900 38.266
202106 33.510 99.500 37.956
202109 116.440 100.100 131.097
202112 68.530 100.100 77.156
202203 138.080 101.100 153.923
202206 87.320 101.800 96.670
202209 80.470 103.100 87.963
202212 34.680 104.100 37.545
202303 127.530 104.400 137.669
202306 147.740 105.200 158.273
202309 122.630 106.200 130.136
202312 63.830 106.800 67.356
202403 104.480 107.200 109.840
202406 115.580 108.200 120.387
202409 33.680 108.900 34.855
202412 141.660 110.700 144.219
202503 91.910 111.100 93.234
202506 53.030 111.700 53.505
202509 124.430 112.000 125.208
202512 119.475 113.000 119.158
202603 47.125 112.700 47.125

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296.51 mean?
Hitachi Construction Machinery Co (TSE:6305) has a E10 of 円296.51 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hitachi Construction Machinery Co and its competitors.
Is Hitachi Construction Machinery Co's E10 too high?
Hitachi Construction Machinery Co's current E10 is 円296.51. Overall, Hitachi Construction Machinery Co has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hitachi Construction Machinery Co's E10 compare to CAT and DE?
Hitachi Construction Machinery Co's E10 of 円296.51 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 Hitachi Construction Machinery Co and its competitors. Hitachi Construction Machinery Co's current E10 is 円296.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hitachi Construction Machinery Co stock overvalued right now?
Based on GuruFocus' analysis, Hitachi Construction Machinery Co (TSE:6305) is currently considered Modestly Overvalued. The stock's GF Value™ is 円4,456.64, compared to a current price of 円5,287.00 — trading 18.6% above its estimated fair value. The current E10 is 円296.51. Hitachi Construction Machinery Co's overall GF Score™ is 86/100 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 Hitachi Construction Machinery Co (TSE:6305), the current E10 is 円296.51 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 Hitachi Construction Machinery Co (TSE:6305) Overvalued in 2026?

Based on GuruFocus' analysis, Hitachi Construction Machinery Co stock appears to be overvalued. The current stock price of 円5,287.00 is trading 18.6% above its estimated GF Value™ of 円4,456.64. GuruFocus considers Hitachi Construction Machinery Co to be Modestly Overvalued.

Key valuation signals for TSE:6305:

  • E10: 円296.51
  • GF Value™: 円4,456.64 vs. price of 円5,287.00 (18.6% above fair value)
  • GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the TSE:6305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hitachi Construction Machinery Co Business Description

Address 16-1, Higashiueno 2-chome, Taito-ku, Tokyo, JPN, 110-0015
Hitachi Construction Machinery manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining and construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.42% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo.
86GF Score

Get the complete analysis for TSE:6305

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

円5,287.00
Price
円4,456.64
GF Value