JN Group (TSE:6634) E10: 円-26.39 (As of May. 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:6634 JN Group Inc TSE:6634
40 GF Score
Price 円69.00
GF Value 円285.40
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is JN Group E10?

JN Group TSE:6634 -1.43% 40 E10 is 円-26.39 as of May. 2026. GuruFocus rates TSE:6634 with a GF Score™ of 40/100 and a GF Value™ of 円285.40 (Possible Value Trap). 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.

JN Group's adjusted earnings per share data for the three months ended in May. 2026 was 円-24.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円-26.39 for the trailing ten years ended in May. 2026.

During the past 3 years, the average E10 Growth Rate was -45.70% per year. During the past 5 years, the average E10 Growth Rate was 5.10% 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 JN Group was 35.20% per year. The lowest was -45.70% per year. And the median was 20.55% per year.

As of today (2026-08-13), JN Group's current stock price is 円69.00. JN Group's E10 for the quarter that ended in May. 2026 was 円-26.39. JN Group's Shiller PE Ratio of today is .


JN Group  (TSE:6634) 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.


Be Aware

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


JN Group E10 Related Terms


JN Group E10 Historical Data

* Premium members only.

The historical data trend for JN Group'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.

JN Group E10 Chart

JN Group Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.34 -8.13 -15.22 0.00 -20.59

JN Group Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 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 -22.00 -20.59 -20.44 -26.39

TSE:6634 vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, JN Group'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.


JN Group Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, JN Group's Shiller PE Ratio distribution charts can be found below:

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


TSE:6634
40GF Score
JN Group Inc TSE:6634
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JN Group 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, JN Group'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)
=-24.49/113.5000*113.5000
=-24.490

Current CPI (May. 2026) = 113.5000.

JN Group Quarterly Data

per share eps CPI Adj_EPS
201602 -6.930 97.800 -8.042
201605 -18.940 98.200 -21.891
201608 -19.360 97.900 -22.445
201611 -26.558 98.600 -30.571
201702 34.390 98.100 39.789
201705 72.230 98.600 83.145
201708 -23.610 98.500 -27.205
201711 -33.667 99.100 -38.559
201802 81.750 99.500 93.253
201805 -13.220 99.300 -15.110
201808 -0.690 99.800 -0.785
201811 -101.950 100.000 -115.713
201902 -21.950 99.700 -24.988
201905 -45.913 100.000 -52.111
201908 -10.570 100.000 -11.997
201911 -6.971 100.500 -7.873
202002 -6.170 100.300 -6.982
202005 -55.364 100.100 -62.775
202008 -13.210 100.100 -14.978
202011 -16.621 99.500 -18.960
202102 -10.930 99.800 -12.430
202105 35.314 99.400 40.323
202108 -11.930 99.700 -13.581
202111 7.930 100.100 8.992
202202 39.600 100.700 44.634
202205 -9.828 101.800 -10.958
202208 -5.470 102.700 -6.045
202211 21.012 103.900 22.953
202302 1.710 104.000 1.866
202305 1.510 105.100 1.631
202308 -2.960 105.900 -3.172
202311 -24.461 106.900 -25.971
202402 -2.220 106.900 -2.357
202405 -5.210 108.100 -5.470
202411 0.000 110.000 0.000
202505 0.000 111.800 0.000
202508 3.840 112.100 3.888
202511 8.600 113.200 8.623
202602 -14.140 112.200 -14.304
202605 -24.490 113.500 -24.490

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-26.39 mean?
JN Group (TSE:6634) has a E10 of 円-26.39 as of May. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on JN Group and its competitors.
Is JN Group's E10 too high?
JN Group's current E10 is 円-26.39. Overall, JN Group has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JN Group's E10 compare to IBM and ACN?
JN Group's E10 of 円-26.39 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 JN Group and its competitors. JN Group's current E10 is 円-26.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JN Group stock overvalued right now?
Based on GuruFocus' analysis, JN Group (TSE:6634) is currently considered Possible Value Trap. The stock's GF Value™ is 円285.40, compared to a current price of 円69.00 — trading 75.8% below its estimated fair value. The current E10 is 円-26.39. JN Group's overall GF Score™ is 40/100 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 JN Group (TSE:6634), the current E10 is 円-26.39 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 JN Group (TSE:6634) Overvalued in 2026?

Based on GuruFocus' analysis, JN Group stock appears to be undervalued. The current stock price of 円69.00 is trading 75.8% below its estimated GF Value™ of 円285.40. GuruFocus considers JN Group to be Possible Value Trap.

Key valuation signals for TSE:6634:

  • E10: 円-26.39
  • GF Value™: 円285.40 vs. price of 円69.00 (75.8% below fair value)
  • GF Score™: 40/100 with 5 warning signs

No single metric tells the full story. See the TSE:6634 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


JN Group Business Description

Address 2-32-1, Kunugi-no-me, Iwate Prefecture, 2nd District, Hanamaki, JPN, 025-0323
JN Group Inc is engaged in formulating business strategies and managing operations for group companies include planning, development, and sales of agricultural ICT Businesses incidental or related to the above. Its business details are Metaverse Digital Contents Business and Cryptocurrency and blockchain business.
40GF Score

Get the complete analysis for TSE:6634

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

円69.00
Price
円285.40
GF Value