BayCurrent (TSE:6532) E10: 円114.77 (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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:6532 BayCurrent Inc TSE:6532
97 GF Score
Price 円7,379.00
GF Value 円8,733.61
Valuation Modestly Undervalued
View Full Analysis

What is BayCurrent E10?

BayCurrent TSE:6532 -0.19% 97 E10 is 円114.77 as of May. 2026. GuruFocus rates TSE:6532 with a GF Score™ of 97/100 and a GF Value™ of 円8,733.61 (Modestly Undervalued).

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.

BayCurrent's adjusted earnings per share data for the three months ended in May. 2026 was 円70.990. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円114.77 for the trailing ten years ended in May. 2026.

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.

As of today (2026-08-13), BayCurrent's current stock price is 円7379.00. BayCurrent's E10 for the quarter that ended in May. 2026 was 円114.77. BayCurrent's Shiller PE Ratio of today is 64.29.

During the past 11 years, the highest Shiller PE Ratio of BayCurrent was 67.41. The lowest was 40.30. And the median was 52.55.


BayCurrent  (TSE:6532) 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.

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

Shiller PE Ratio=Share Price/E10
=7379.00/114.77
=64.29

* 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 11 years, the highest Shiller P/E Ratio of BayCurrent was 67.41. The lowest was 40.30. And the median was 52.55.


Be Aware

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


BayCurrent E10 Related Terms


BayCurrent E10 Historical Data

* Premium members only.

The historical data trend for BayCurrent'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.

BayCurrent E10 Chart

BayCurrent Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 106.87

BayCurrent Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.00 0.00 102.55 106.87 114.77

TSE:6532 vs VRSK, EFX, BAH: E10 Comparison

For the Consulting Services subindustry, BayCurrent'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.


BayCurrent Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, BayCurrent's Shiller PE Ratio distribution charts can be found below:

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


TSE:6532
97GF Score
BayCurrent Inc TSE:6532
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_EPS= Earnings per Share (Diluted) /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=70.99/113.5000*113.5000
=70.990

Current CPI (May. 2026) = 113.5000.

BayCurrent Quarterly Data

per share eps CPI Adj_EPS
201608 1.044 97.900 1.210
201611 1.401 98.600 1.613
201702 1.229 98.100 1.422
201705 4.710 98.600 5.422
201708 5.248 98.500 6.047
201711 4.747 99.100 5.437
201802 3.810 99.500 4.346
201805 3.271 99.300 3.739
201808 0.099 99.800 0.113
201811 5.797 100.000 6.580
201902 7.841 99.700 8.926
201905 7.231 100.000 8.207
201908 5.319 100.000 6.037
201911 9.563 100.500 10.800
202002 16.570 100.300 18.751
202005 13.075 100.100 14.825
202008 10.538 100.100 11.949
202011 16.032 99.500 18.288
202102 25.674 99.800 29.198
202105 23.467 99.400 26.796
202108 21.253 99.700 24.195
202111 27.090 100.100 30.716
202202 32.410 100.700 36.530
202205 30.160 101.800 33.626
202208 28.140 102.700 31.099
202211 38.410 103.900 41.959
202302 46.248 104.000 50.473
202305 38.050 105.100 41.091
202308 35.660 105.900 38.219
202311 41.380 106.900 43.935
202402 50.950 106.900 54.096
202405 45.710 108.100 47.993
202408 42.090 109.100 43.787
202411 51.510 110.000 53.149
202502 62.850 110.800 64.382
202505 59.320 111.800 60.222
202508 54.120 112.100 54.796
202511 58.040 113.200 58.194
202602 77.680 112.200 78.580
202605 70.990 113.500 70.990

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114.77 mean?
BayCurrent (TSE:6532) has a E10 of 円114.77 as of May. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BayCurrent and its competitors.
Is BayCurrent's E10 too high?
BayCurrent's current E10 is 円114.77. Overall, BayCurrent has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BayCurrent's E10 compare to VRSK and EFX?
BayCurrent's E10 of 円114.77 can be compared against companies in the Business Services 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 a Business Services company?
A good E10 depends on the Business Services 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 BayCurrent and its competitors. BayCurrent's current E10 is 円114.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BayCurrent stock overvalued right now?
Based on GuruFocus' analysis, BayCurrent (TSE:6532) is currently considered Modestly Undervalued. The stock's GF Value™ is 円8,733.61, compared to a current price of 円7,379.00 — trading 15.5% below its estimated fair value. The current E10 is 円114.77. BayCurrent's overall GF Score™ is 97/100. 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 BayCurrent (TSE:6532), the current E10 is 円114.77 as of May. 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 BayCurrent (TSE:6532) Overvalued in 2026?

Based on GuruFocus' analysis, BayCurrent stock appears to be undervalued. The current stock price of 円7,379.00 is trading 15.5% below its estimated GF Value™ of 円8,733.61. GuruFocus considers BayCurrent to be Modestly Undervalued.

Key valuation signals for TSE:6532:

  • E10: 円114.77
  • GF Value™: 円8,733.61 vs. price of 円7,379.00 (15.5% below fair value)
  • GF Score™: 97/100

No single metric tells the full story. See the TSE:6532 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BayCurrent Business Description

Other Exchanges BYCRF:USA
Address 1-3-1 Azabudai, Azabudai Hills Mori JP Tower, Minato-ku, Tokyo, JPN, 106-0041
BayCurrent Consulting is a Japanese IT consulting firm specializing in digital transformation implementation. The company deployed 5,590 consultants at the end of fiscal 2026 to execute IT modernization, data analytics, and artificial intelligence projects for enterprise clients. Unlike traditional strategy firms, BayCurrent focuses on project execution, with consultants embedded in client organizations to deliver outcomes. The firm serves a variety of industries, with financial services and manufacturing each accounting for 20% to 25% of revenue. Its one-pool staffing model enables flexible consultant allocation across industries and helps the company maintain a high utilization rate, thereby achieving a higher profitability than peers.
97GF Score

Get the complete analysis for TSE:6532

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

円7,379.00
Price
円8,733.61
GF Value