Ogura Clutch Co (TSE:6408) E10: 円116.07 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:6408 Ogura Clutch Co Ltd TSE:6408
62 GF Score
Price 円4,315.00
GF Value 円3,114.38
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ogura Clutch Co E10?

Ogura Clutch Co TSE:6408 +1.53% 62 E10 is 円116.07 as of Mar. 2026. GuruFocus rates TSE:6408 with a GF Score™ of 62/100 and a GF Value™ of 円3,114.38 (Significantly 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.

Ogura Clutch Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円541.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円116.07 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 1.60% 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 Ogura Clutch Co was 1.60% per year. The lowest was -40.10% per year. And the median was -29.65% per year.

As of today (2026-08-27), Ogura Clutch Co's current stock price is 円4315.00. Ogura Clutch Co's E10 for the quarter that ended in Mar. 2026 was 円116.07. Ogura Clutch Co's Shiller PE Ratio of today is 37.18.

During the past 13 years, the highest Shiller PE Ratio of Ogura Clutch Co was 4423.08. The lowest was 4.83. And the median was 27.31.


Ogura Clutch Co  (TSE:6408) 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.

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

Shiller PE Ratio=Share Price/E10
=4315.00/116.07
=37.18

* 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 Ogura Clutch Co was 4423.08. The lowest was 4.83. And the median was 27.31.


Be Aware

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


Ogura Clutch Co E10 Related Terms


Ogura Clutch Co E10 Historical Data

* Premium members only.

The historical data trend for Ogura Clutch 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.

Ogura Clutch Co E10 Chart

Ogura Clutch 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 83.26 110.67 37.72 0.00 116.07

Ogura Clutch Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 27.87 37.53 48.99 116.07 0.00

TSE:6408 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Ogura Clutch 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.


Ogura Clutch Co Shiller PE Ratio vs Industrial Products Industry

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

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


TSE:6408
62GF Score
Ogura Clutch Co Ltd TSE:6408
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ogura Clutch 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, Ogura Clutch 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)
=541.62/112.7000*112.7000
=541.620

Current CPI (Mar. 2026) = 112.7000.

Ogura Clutch Co Quarterly Data

per share eps CPI Adj_EPS
201603 -24.040 97.900 -27.674
201606 53.500 98.100 61.462
201609 43.400 98.000 49.910
201612 163.603 98.400 187.379
201703 132.895 98.100 152.673
201706 229.600 98.500 262.700
201709 194.690 98.800 222.081
201712 132.895 99.400 150.677
201803 82.100 99.200 93.273
201806 347.760 99.200 395.086
201809 188.980 99.900 213.194
201812 103.310 99.700 116.781
201903 -104.186 99.700 -117.771
201906 249.370 99.800 281.603
201909 -92.180 100.100 -103.783
201912 -12.021 100.500 -13.480
202003 84.930 100.300 95.430
202006 -133.860 99.900 -151.011
202009 -339.360 99.900 -382.842
202012 -583.140 99.300 -661.832
202103 1.230 99.900 1.388
202106 -46.240 99.500 -52.374
202109 -158.950 100.100 -178.958
202112 -219.760 100.100 -247.422
202203 -333.410 101.100 -371.665
202206 107.320 101.800 118.811
202209 27.240 103.100 29.776
202212 10.018 104.100 10.846
202303 195.460 104.400 210.999
202306 43.210 105.200 46.291
202309 -78.560 106.200 -83.368
202312 -71.504 106.800 -75.454
202403 -293.382 107.200 -308.434
202406 342.800 108.200 357.057
202409 -148.950 108.900 -154.148
202503 0.000 111.100 0.000
202506 -10.750 111.700 -10.846
202509 167.550 112.000 168.597
202512 305.950 113.000 305.138
202603 541.620 112.700 541.620

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116.07 mean?
Ogura Clutch Co (TSE:6408) has a E10 of 円116.07 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ogura Clutch Co and its competitors.
Is Ogura Clutch Co's E10 too high?
Ogura Clutch Co's current E10 is 円116.07. Overall, Ogura Clutch Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ogura Clutch Co's E10 compare to GEV and ETN?
Ogura Clutch Co's E10 of 円116.07 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 Ogura Clutch Co and its competitors. Ogura Clutch Co's current E10 is 円116.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ogura Clutch Co stock overvalued right now?
Based on GuruFocus' analysis, Ogura Clutch Co (TSE:6408) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,114.38, compared to a current price of 円4,315.00 — trading 38.6% above its estimated fair value. The current E10 is 円116.07. Ogura Clutch Co's overall GF Score™ is 62/100 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 Ogura Clutch Co (TSE:6408), the current E10 is 円116.07 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 Ogura Clutch Co (TSE:6408) Overvalued in 2026?

Based on GuruFocus' analysis, Ogura Clutch Co stock appears to be overvalued. The current stock price of 円4,315.00 is trading 38.6% above its estimated GF Value™ of 円3,114.38. GuruFocus considers Ogura Clutch Co to be Significantly Overvalued.

Key valuation signals for TSE:6408:

  • E10: 円116.07
  • GF Value™: 円3,114.38 vs. price of 円4,315.00 (38.6% above fair value)
  • GF Score™: 62/100 with 2 warning signs

No single metric tells the full story. See the TSE:6408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ogura Clutch Co Business Description

Address 2-678, Aioi-cho, Gumma Perfecture, Kiryu, JPN
Ogura Clutch Co Ltd. is engaged in manufacturing and selling of various types of clutch brakes for office machines, machine tools, construction machines and industrial machines, fiber tensioner, automotive A/C clutches, superchargers, power clutches, oil mist separators, high-pressure coolant systems, disaster prevention systems, among others.
62GF Score

Get the complete analysis for TSE:6408

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

円4,315.00
Price
円3,114.38
GF Value