Hoshizaki (TSE:6465) E10: 円0.00 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:6465 Hoshizaki Corp TSE:6465
74 GF Score
Price 円5,788.00
GF Value 円1,671,742.03
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Hoshizaki E10?

Hoshizaki TSE:6465 +1.28% 74 E10 is 円0.00 as of Jun. 2026. GuruFocus rates TSE:6465 with a GF Score™ of 74/100 and a GF Value™ of 円1,671,742.03 (Significantly Undervalued). The stock has 4 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.

Hoshizaki's adjusted earnings per share data for the three months ended in Jun. 2026 was 円0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Hoshizaki's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 10.80% per year. During the past 5 years, the average E10 Growth Rate was 10.50% 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 Hoshizaki was 11.00% per year. The lowest was 6.30% per year. And the median was 9.70% per year.

As of today (2026-08-14), Hoshizaki's current stock price is 円5788.00. Hoshizaki's E10 for the quarter that ended in Jun. 2026 was 円0.00. Hoshizaki's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Hoshizaki was 59.31. The lowest was 25.05. And the median was 33.49.


Hoshizaki  (TSE:6465) 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.

During the past 13 years, the highest Shiller P/E Ratio of Hoshizaki was 59.31. The lowest was 25.05. And the median was 33.49.


Be Aware

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


Hoshizaki E10 Related Terms


Hoshizaki E10 Historical Data

* Premium members only.

The historical data trend for Hoshizaki'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.

Hoshizaki E10 Chart

Hoshizaki 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 131.22 144.78 159.34 179.56 197.10

Hoshizaki Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 187.82 193.36 197.10 200.81 0.00

TSE:6465 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Hoshizaki'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.


Hoshizaki Shiller PE Ratio vs Industrial Products Industry

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

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


TSE:6465
74GF Score
Hoshizaki Corp TSE:6465
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hoshizaki 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, Hoshizaki's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/113.6000*113.6000
=0.000

Current CPI (Jun. 2026) = 113.6000.

Hoshizaki Quarterly Data

per share eps CPI Adj_EPS
201609 46.755 98.000 54.198
201612 35.456 98.400 40.933
201703 42.055 98.100 48.700
201706 48.950 98.500 56.454
201709 54.975 98.800 63.210
201712 13.823 99.400 15.798
201803 39.440 99.200 45.165
201806 56.975 99.200 65.246
201809 59.005 99.900 67.097
201812 22.143 99.700 25.230
201903 48.615 99.700 55.393
201906 39.761 99.800 45.259
201909 53.603 100.100 60.832
201912 26.740 100.500 30.226
202003 38.000 100.300 43.039
202006 6.773 99.900 7.702
202009 28.085 99.900 31.936
202012 6.138 99.300 7.022
202103 53.785 99.900 61.161
202106 33.779 99.500 38.566
202109 34.590 100.100 39.255
202112 27.510 100.100 31.220
202203 54.580 101.100 61.328
202206 59.975 101.800 66.927
202209 66.705 103.100 73.498
202212 -15.750 104.100 -17.187
202303 60.110 104.400 65.407
202306 77.230 105.200 83.397
202309 69.854 106.200 74.721
202312 19.458 106.800 20.697
202403 63.550 107.200 67.344
202406 71.230 108.200 74.785
202409 77.430 108.900 80.772
202412 44.650 110.700 45.820
202503 76.590 111.100 78.313
202506 78.530 111.700 79.866
202509 82.900 112.000 84.084
202512 31.640 113.000 31.808
202603 79.390 112.700 80.024
202606 0.000 113.600 0.000

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0.00 mean?
Hoshizaki (TSE:6465) has a E10 of 円0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hoshizaki and its competitors.
Is Hoshizaki's E10 too high?
Hoshizaki's current E10 is 円0.00. Overall, Hoshizaki has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hoshizaki's E10 compare to GEV and ETN?
Hoshizaki's E10 of 円0.00 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 Hoshizaki and its competitors. Hoshizaki's current E10 is 円0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoshizaki stock overvalued right now?
Based on GuruFocus' analysis, Hoshizaki (TSE:6465) is currently considered Significantly Undervalued. The stock's GF Value™ is 円1,671,742.03, compared to a current price of 円5,788.00 — trading 99.7% below its estimated fair value. The current E10 is 円0.00. Hoshizaki's overall GF Score™ is 74/100 with 4 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 Hoshizaki (TSE:6465), the current E10 is 円0.00 as of Jun. 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 Hoshizaki (TSE:6465) Overvalued in 2026?

Based on GuruFocus' analysis, Hoshizaki stock appears to be undervalued. The current stock price of 円5,788.00 is trading 99.7% below its estimated GF Value™ of 円1,671,742.03. GuruFocus considers Hoshizaki to be Significantly Undervalued.

Key valuation signals for TSE:6465:

  • E10: 円0.00
  • GF Value™: 円1,671,742.03 vs. price of 円5,788.00 (99.7% below fair value)
  • GF Score™: 74/100 with 4 warning signs

No single metric tells the full story. See the TSE:6465 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hoshizaki Business Description

Address 3-16 Minamikan, Sakaemachi, Aichi Prefecture, Toyoake, JPN, 470-1194
Hoshizaki manufactures and sells commercial food service equipment globally. The company's main products include refrigerators, ice machines, dishwashers, beer dispensers, and hygiene control equipment. Its products are used mainly in restaurants, supermarkets, cafeterias, and the agro-fishery industry. The company was formerly known as Hoshizaki Electric and changed its name to Hoshizaki Corp. in 2016. Founded in 1947, Hoshizaki's headquarters are in Toyoake (Aichi prefecture), Japan.
74GF Score

Get the complete analysis for TSE:6465

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

円5,788.00
Price
円1,671,742.03
GF Value