Nikkiso Co (TSE:6376) E10: 円115.76 (As of Dec. 2025)


TSE:6376 Nikkiso Co Ltd TSE:6376
72 GF Score
Price 円4,050.00
GF Value 円1,304.00
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Nikkiso Co E10?

Nikkiso Co TSE:6376 -2.53% 72 E10 is 円115.76 as of Dec. 2025. GuruFocus rates TSE:6376 with a GF Score™ of 72/100 and a GF Value™ of 円1,304.00 (Significantly Overvalued). The stock has 8 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.

Nikkiso Co's adjusted earnings per share data for the three months ended in Dec. 2025 was 円95.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円115.76 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Nikkiso Co's average E10 Growth Rate was 18.00% per year. During the past 3 years, the average E10 Growth Rate was 11.20% per year. During the past 5 years, the average E10 Growth Rate was 10.10% 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 Nikkiso Co was 11.80% per year. The lowest was 3.80% per year. And the median was 8.60% per year.

As of today (2026-06-30), Nikkiso Co's current stock price is 円4050.00. Nikkiso Co's E10 for the quarter that ended in Dec. 2025 was 円115.76. Nikkiso Co's Shiller PE Ratio of today is 34.99.

During the past 13 years, the highest Shiller PE Ratio of Nikkiso Co was 36.54. The lowest was 9.48. And the median was 13.95.


Nikkiso Co  (TSE:6376) 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.

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

Shiller PE Ratio=Share Price/E10
=4050.00/115.76
=34.99

* 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 Nikkiso Co was 36.54. The lowest was 9.48. And the median was 13.95.


Be Aware

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


Nikkiso Co E10 Related Terms


Nikkiso Co E10 Historical Data

* Premium members only.

The historical data trend for Nikkiso 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.

Nikkiso Co E10 Chart

Nikkiso Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.19 84.20 91.35 98.11 115.76

Nikkiso 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 99.51 105.18 107.89 115.76 0.00

TSE:6376 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Nikkiso 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.


Nikkiso Co Shiller PE Ratio vs Industrial Products Industry

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

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


TSE:6376
72GF Score
Nikkiso Co Ltd TSE:6376
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nikkiso 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, Nikkiso Co's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=95.45/113.0000*113.0000
=95.450

Current CPI (Dec. 2025) = 113.0000.

Nikkiso Co Quarterly Data

per share eps CPI Adj_EPS
201603 -4.620 97.900 -5.333
201606 -1.370 98.100 -1.578
201609 9.410 98.000 10.850
201612 54.620 98.400 62.724
201703 3.640 98.100 4.193
201706 16.590 98.500 19.032
201709 9.020 98.800 10.316
201712 33.060 99.400 37.583
201803 0.240 99.200 0.273
201806 24.540 99.200 27.954
201809 30.030 99.900 33.968
201812 42.370 99.700 48.022
201903 19.670 99.700 22.294
201906 7.050 99.800 7.982
201909 38.310 100.100 43.247
201912 30.490 100.500 34.282
202003 10.280 100.300 11.582
202006 29.630 99.900 33.515
202009 19.750 99.900 22.340
202012 32.330 99.300 36.790
202103 31.220 99.900 35.314
202106 -20.660 99.500 -23.463
202109 3.210 100.100 3.624
202112 -10.690 100.100 -12.068
202203 8.760 101.100 9.791
202206 18.040 101.800 20.025
202209 185.190 103.100 202.973
202212 -15.280 104.100 -16.586
202303 2.470 104.400 2.673
202306 55.990 105.200 60.141
202309 36.140 106.200 38.454
202312 42.300 106.800 44.756
202403 42.650 107.200 44.958
202406 47.160 108.200 49.252
202409 -26.630 108.900 -27.633
202412 56.820 110.700 58.001
202503 34.140 111.100 34.724
202506 40.160 111.700 40.627
202509 36.210 112.000 36.533
202512 95.450 113.000 95.450

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115.76 mean?
Nikkiso Co (TSE:6376) has a E10 of 円115.76 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nikkiso Co and its competitors.
Is Nikkiso Co's E10 too high?
Nikkiso Co's current E10 is 円115.76. Overall, Nikkiso Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nikkiso Co's E10 compare to GEV and ETN?
Nikkiso Co's E10 of 円115.76 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 Nikkiso Co and its competitors. Nikkiso Co's current E10 is 円115.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikkiso Co stock overvalued right now?
Based on GuruFocus' analysis, Nikkiso Co (TSE:6376) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,304.00, compared to a current price of 円4,050.00 — trading 210.6% above its estimated fair value. The current E10 is 円115.76. Nikkiso Co's overall GF Score™ is 72/100 with 8 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 Nikkiso Co (TSE:6376), the current E10 is 円115.76 as of Dec. 2025. 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 Nikkiso Co (TSE:6376) Overvalued in 2026?

Based on GuruFocus' analysis, Nikkiso Co stock appears to be overvalued. The current stock price of 円4,050.00 is trading 210.6% above its estimated GF Value™ of 円1,304.00. GuruFocus considers Nikkiso Co to be Significantly Overvalued.

Key valuation signals for TSE:6376:

  • E10: 円115.76
  • GF Value™: 円1,304.00 vs. price of 円4,050.00 (210.6% above fair value)
  • GF Score™: 72/100 with 8 warning signs

No single metric tells the full story. See the TSE:6376 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nikkiso Co Business Description

Other Exchanges NKO:Germany
Address 4-20-3, Ebisu, Shibuya-ku, Tokyo, JPN, 150-6022
Nikkiso Co Ltd is a Japan-based industrial company that operates through four divisions. The industrial division manufactures and distributes fluid equipment for process industries. The precision equipment business division manufactures and sells water conditioning systems, particle characterization instruments, multilayer ceramic electronic components production equipment, and systems. The aerospace division manufactures, distributes, and consults for carbon-fiber-reinforced plastic products. The medical division manufactures and sells hemodialysis machines, dialyzers, blood tubing sets, and other products. The company has a presence, with the majority of its sales coming from Japan, Asia excluding Japan, North America, and Europe.
72GF Score

Get the complete analysis for TSE:6376

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

円4,050.00
Price
円1,304.00
GF Value