GLORY (TSE:6457) E10: 円192.29 (As of Mar. 2026)


TSE:6457 GLORY Ltd TSE:6457
83 GF Score
Price 円3,966.00
GF Value 円3,155.17
Valuation Modestly Overvalued
! 5 Warning Signs
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What is GLORY E10?

GLORY TSE:6457 +1.46% 83 E10 is 円192.29 as of Mar. 2026. GuruFocus rates TSE:6457 with a GF Score™ of 83/100 and a GF Value™ of 円3,155.17 (Modestly Overvalued). The stock has 5 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.

GLORY's adjusted earnings per share data for the three months ended in Mar. 2026 was 円195.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円192.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, GLORY's average E10 Growth Rate was 8.30% per year. During the past 3 years, the average E10 Growth Rate was 15.50% per year. During the past 5 years, the average E10 Growth Rate was 6.40% 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 GLORY was 15.50% per year. The lowest was -5.40% per year. And the median was 4.30% per year.

As of today (2026-07-02), GLORY's current stock price is 円3966.00. GLORY's E10 for the quarter that ended in Mar. 2026 was 円192.29. GLORY's Shiller PE Ratio of today is 20.63.

During the past 13 years, the highest Shiller PE Ratio of GLORY was 36.31. The lowest was 12.85. And the median was 19.34.


GLORY  (TSE:6457) 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.

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

Shiller PE Ratio=Share Price/E10
=3966.00/192.29
=20.63

* 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 GLORY was 36.31. The lowest was 12.85. And the median was 19.34.


Be Aware

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


GLORY E10 Related Terms


GLORY E10 Historical Data

* Premium members only.

The historical data trend for GLORY'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.

GLORY E10 Chart

GLORY 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 148.62 124.71 164.46 177.54 192.29

GLORY 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 177.54 177.19 179.90 180.11 192.29

TSE:6457 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, GLORY'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.


GLORY Shiller PE Ratio vs Industrial Products Industry

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

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


TSE:6457
83GF Score
GLORY Ltd TSE:6457
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GLORY 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, GLORY'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)
=195/112.7000*112.7000
=195.000

Current CPI (Mar. 2026) = 112.7000.

GLORY Quarterly Data

per share eps CPI Adj_EPS
201606 -13.100 98.100 -15.050
201609 45.471 98.000 52.292
201612 69.375 98.400 79.457
201703 57.190 98.100 65.701
201706 5.250 98.500 6.007
201709 26.597 98.800 30.339
201712 56.600 99.400 64.173
201803 67.440 99.200 76.618
201806 10.950 99.200 12.440
201809 50.042 99.900 56.454
201812 43.380 99.700 49.036
201903 94.210 99.700 106.494
201906 25.590 99.800 28.898
201909 54.531 100.100 61.395
201912 39.350 100.500 44.127
202003 28.368 100.300 31.875
202006 -25.730 99.900 -29.027
202009 24.732 99.900 27.901
202012 50.039 99.300 56.791
202103 44.692 99.900 50.418
202106 10.440 99.500 11.825
202109 29.816 100.100 33.569
202112 69.736 100.100 78.514
202203 -4.480 101.100 -4.994
202206 -33.210 101.800 -36.766
202209 -74.103 103.100 -81.003
202212 24.580 104.100 26.611
202303 -87.226 104.400 -94.161
202306 36.070 105.200 38.642
202309 112.423 106.200 119.304
202312 226.529 106.800 239.043
202403 156.142 107.200 164.153
202406 103.140 108.200 107.430
202409 38.010 108.900 39.336
202412 84.340 110.700 85.864
202503 62.260 111.100 63.157
202506 6.170 111.700 6.225
202509 55.220 112.000 55.565
202512 19.290 113.000 19.239
202603 195.000 112.700 195.000

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192.29 mean?
GLORY (TSE:6457) has a E10 of 円192.29 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on GLORY and its competitors.
Is GLORY's E10 too high?
GLORY's current E10 is 円192.29. Overall, GLORY has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GLORY's E10 compare to GEV and ETN?
GLORY's E10 of 円192.29 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 GLORY and its competitors. GLORY's current E10 is 円192.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GLORY stock overvalued right now?
Based on GuruFocus' analysis, GLORY (TSE:6457) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,155.17, compared to a current price of 円3,966.00 — trading 25.7% above its estimated fair value. The current E10 is 円192.29. GLORY's overall GF Score™ is 83/100 with 5 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 GLORY (TSE:6457), the current E10 is 円192.29 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 GLORY (TSE:6457) Overvalued in 2026?

Based on GuruFocus' analysis, GLORY stock appears to be overvalued. The current stock price of 円3,966.00 is trading 25.7% above its estimated GF Value™ of 円3,155.17. GuruFocus considers GLORY to be Modestly Overvalued.

Key valuation signals for TSE:6457:

  • E10: 円192.29
  • GF Value™: 円3,155.17 vs. price of 円3,966.00 (25.7% above fair value)
  • GF Score™: 83/100 with 5 warning signs

No single metric tells the full story. See the TSE:6457 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GLORY Business Description

Other Exchanges GLYYY:USA
Address 1-3-1 Shimoteno, Himeji City, Hyogo, JPN, 670-8567
GLORY Ltd is a Japan-based company that provides money-handling machines and systems. Its product portfolio includes open teller systems, coin recyclers, multifunction banknote changers, cash monitoring cabinets, card systems, and others. This company primarily operates through four segments. The financial market segment serves financial institutions, OEM clients, and others in Japan. The retail and transportation market segment serves supermarkets, department stores, railroad companies, and others. The amusement market segment sells products and provides services to amusement halls and others. The overseas market segment serves financial institutions, retail stores, casinos and other customers overseas. The company generates almost all its revenue from markets in Asia and the Americas.
83GF Score

Get the complete analysis for TSE:6457

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

円3,966.00
Price
円3,155.17
GF Value