Kurita Water Industries (TSE:6370) E10: 円180.98 (As of Mar. 2026)


TSE:6370 Kurita Water Industries Ltd TSE:6370
91 GF Score
Price 円9,071.00
GF Value 円6,315.24
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Kurita Water Industries E10?

Kurita Water Industries TSE:6370 -0.10% 91 E10 is 円180.98 as of Mar. 2026. GuruFocus rates TSE:6370 with a GF Score™ of 91/100 and a GF Value™ of 円6,315.24 (Significantly Overvalued). The stock has 7 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.

Kurita Water Industries's adjusted earnings per share data for the three months ended in Mar. 2026 was 円-103.980. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円180.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Kurita Water Industries's average E10 Growth Rate was 2.70% per year. During the past 3 years, the average E10 Growth Rate was 8.70% per year. During the past 5 years, the average E10 Growth Rate was 8.80% 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 Kurita Water Industries was 11.10% per year. The lowest was 0.80% per year. And the median was 6.75% per year.

As of today (2026-06-29), Kurita Water Industries's current stock price is 円9071.00. Kurita Water Industries's E10 for the quarter that ended in Mar. 2026 was 円180.98. Kurita Water Industries's Shiller PE Ratio of today is 50.12.

During the past 13 years, the highest Shiller PE Ratio of Kurita Water Industries was 52.84. The lowest was 17.56. And the median was 32.41.


Kurita Water Industries  (TSE:6370) 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.

Kurita Water Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9071.00/180.98
=50.12

* 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 Kurita Water Industries was 52.84. The lowest was 17.56. And the median was 32.41.


Be Aware

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


Kurita Water Industries E10 Related Terms


Kurita Water Industries E10 Historical Data

* Premium members only.

The historical data trend for Kurita Water Industries'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.

Kurita Water Industries E10 Chart

Kurita Water Industries 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 128.67 140.76 161.87 176.22 180.98

Kurita Water Industries 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 176.22 179.96 187.62 195.12 180.98

TSE:6370 vs VLTO, ZWS, CECO: E10 Comparison

For the Pollution & Treatment Controls subindustry, Kurita Water Industries'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.


Kurita Water Industries Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kurita Water Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Kurita Water Industries's Shiller PE Ratio falls into.


TSE:6370
91GF Score
Kurita Water Industries Ltd TSE:6370
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kurita Water Industries 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, Kurita Water Industries'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)
=-103.98/112.7000*112.7000
=-103.980

Current CPI (Mar. 2026) = 112.7000.

Kurita Water Industries Quarterly Data

per share eps CPI Adj_EPS
201606 22.770 98.100 26.159
201609 33.538 98.000 38.569
201612 30.999 98.400 35.504
201703 37.780 98.100 43.403
201706 22.100 98.500 25.286
201709 43.890 98.800 50.065
201712 54.610 99.400 61.917
201803 38.762 99.200 44.037
201806 13.040 99.200 14.815
201809 38.400 99.900 43.320
201812 17.710 99.700 20.019
201903 38.180 99.700 43.158
201906 65.070 99.800 73.481
201909 55.190 100.100 62.137
201912 30.760 100.500 34.494
202003 11.844 100.300 13.308
202006 35.020 99.900 39.507
202009 59.420 99.900 67.033
202012 36.450 99.300 41.369
202103 39.042 99.900 44.044
202106 33.290 99.500 37.706
202109 17.480 100.100 19.680
202112 56.300 100.100 63.387
202203 57.300 101.100 63.874
202206 43.290 101.800 47.925
202209 66.860 103.100 73.086
202212 69.120 104.100 74.830
202303 -0.140 104.400 -0.151
202306 50.670 105.200 54.282
202309 61.370 106.200 65.126
202312 82.840 106.800 87.416
202403 64.808 107.200 68.133
202406 50.740 108.200 52.850
202409 82.090 108.900 84.954
202412 82.720 110.700 84.214
202503 -34.890 111.100 -35.392
202506 50.840 111.700 51.295
202509 105.060 112.000 105.717
202512 93.420 113.000 93.172
202603 -103.980 112.700 -103.980

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180.98 mean?
Kurita Water Industries (TSE:6370) has a E10 of 円180.98 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kurita Water Industries and its competitors.
Is Kurita Water Industries' E10 too high?
Kurita Water Industries' current E10 is 円180.98. Overall, Kurita Water Industries has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kurita Water Industries' E10 compare to VLTO and ZWS?
Kurita Water Industries' E10 of 円180.98 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Kurita Water Industries and its competitors. Kurita Water Industries's current E10 is 円180.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kurita Water Industries stock overvalued right now?
Based on GuruFocus' analysis, Kurita Water Industries (TSE:6370) is currently considered Significantly Overvalued. The stock's GF Value™ is 円6,315.24, compared to a current price of 円9,071.00 — trading 43.6% above its estimated fair value. The current E10 is 円180.98. Kurita Water Industries' overall GF Score™ is 91/100 with 7 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 Kurita Water Industries (TSE:6370), the current E10 is 円180.98 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 Kurita Water Industries (TSE:6370) Overvalued in 2026?

Based on GuruFocus' analysis, Kurita Water Industries stock appears to be overvalued. The current stock price of 円9,071.00 is trading 43.6% above its estimated GF Value™ of 円6,315.24. GuruFocus considers Kurita Water Industries to be Significantly Overvalued.

Key valuation signals for TSE:6370:

  • E10: 円180.98
  • GF Value™: 円6,315.24 vs. price of 円9,071.00 (43.6% above fair value)
  • GF Score™: 91/100 with 7 warning signs

No single metric tells the full story. See the TSE:6370 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kurita Water Industries Business Description

Address 10-1 Nakano 4-chome, Nakano Central Park East, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments: the Electronic market and the General water treatment market. The company provides a wide range of water treatment chemicals, systems, and services, including wastewater and ultrapure water solutions, facility maintenance, and environmental remediation, serving both industrial and household needs.
91GF Score

Get the complete analysis for TSE:6370

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

円9,071.00
Price
円6,315.24
GF Value