MORIO DENKI Co (TSE:6647) E10: 円223.71 (As of Mar. 2026)

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TSE:6647 MORIO DENKI Co Ltd TSE:6647
56 GF Score
Price 円3,550.00
GF Value 円2,014.34
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is MORIO DENKI Co E10?

MORIO DENKI Co TSE:6647 56 E10 is 円223.71 as of Mar. 2026. GuruFocus rates TSE:6647 with a GF Score™ of 56/100 and a GF Value™ of 円2,014.34 (Significantly 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.

MORIO DENKI Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円259.287. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円223.71 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 12.40% 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 MORIO DENKI Co was 12.40% per year. The lowest was 5.70% per year. And the median was 6.50% per year.

As of today (2026-09-15), MORIO DENKI Co's current stock price is 円3550.00. MORIO DENKI Co's E10 for the quarter that ended in Mar. 2026 was 円223.71. MORIO DENKI Co's Shiller PE Ratio of today is 15.87.

During the past 13 years, the highest Shiller PE Ratio of MORIO DENKI Co was 22.26. The lowest was 10.76. And the median was 14.22.


MORIO DENKI Co  (TSE:6647) 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.

MORIO DENKI Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3550.00/223.712
=15.87

* 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 MORIO DENKI Co was 22.26. The lowest was 10.76. And the median was 14.22.


Be Aware

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


MORIO DENKI Co E10 Related Terms


MORIO DENKI Co E10 Historical Data

* Premium members only.

The historical data trend for MORIO DENKI 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.

MORIO DENKI Co E10 Chart

MORIO DENKI 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 134.43 137.85 144.59 182.33 222.52

MORIO DENKI Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 189.28 184.61 198.62 223.71 243.62

TSE:6647 vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, MORIO DENKI 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.


MORIO DENKI Co Shiller PE Ratio vs Industrial Products Industry

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

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


TSE:6647
56GF Score
MORIO DENKI Co Ltd TSE:6647
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MORIO DENKI 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, MORIO DENKI 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)
=259.2874/112.7000*112.7000
=259.287

Current CPI (Mar. 2026) = 112.7000.

MORIO DENKI Co Quarterly Data

per share eps CPI Adj_EPS
201512 47.700 98.100 54.799
201603 2.700 97.900 3.108
201606 -26.100 98.100 -29.984
201609 37.600 98.000 43.240
201612 92.400 98.400 105.828
201703 6.500 98.100 7.467
201706 23.900 98.500 27.345
201709 -1.600 98.800 -1.825
201712 27.220 99.400 30.862
201803 103.070 99.200 117.097
201806 12.695 99.200 14.423
201809 32.272 99.900 36.407
201812 99.125 99.700 112.050
201903 -38.928 99.700 -44.004
201906 -14.233 99.800 -16.072
201909 -55.597 100.100 -62.595
201912 97.497 100.500 109.332
202003 176.688 100.300 198.532
202006 -2.741 99.900 -3.092
202009 62.197 99.900 70.166
202012 -27.291 99.300 -30.973
202103 116.532 99.900 131.463
202106 58.442 99.500 66.195
202109 -67.808 100.100 -76.343
202112 209.390 100.100 235.747
202203 -3.409 101.100 -3.801
202206 94.952 101.800 105.119
202209 -38.837 103.100 -42.453
202212 -6.144 104.100 -6.652
202303 58.334 104.400 62.971
202306 43.239 105.200 46.322
202309 56.440 106.200 59.894
202312 -7.510 106.800 -7.925
202403 61.870 107.200 65.045
202409 35.120 108.900 36.345
202503 303.792 111.100 308.167
202506 71.360 111.700 71.999
202509 -20.368 112.000 -20.495
202512 178.627 113.000 178.153
202603 259.287 112.700 259.287

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223.71 mean?
MORIO DENKI Co (TSE:6647) has a E10 of 円223.71 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on MORIO DENKI Co and its competitors.
Is MORIO DENKI Co's E10 too high?
MORIO DENKI Co's current E10 is 円223.71. Overall, MORIO DENKI Co has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MORIO DENKI Co's E10 compare to VRT and BE?
MORIO DENKI Co's E10 of 円223.71 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 MORIO DENKI Co and its competitors. MORIO DENKI Co's current E10 is 円223.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MORIO DENKI Co stock overvalued right now?
Based on GuruFocus' analysis, MORIO DENKI Co (TSE:6647) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,014.34, compared to a current price of 円3,550.00 — trading 76.2% above its estimated fair value. The current E10 is 円223.71. MORIO DENKI Co's overall GF Score™ is 56/100 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 MORIO DENKI Co (TSE:6647), the current E10 is 円223.71 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 MORIO DENKI Co (TSE:6647) Overvalued in 2026?

Based on GuruFocus' analysis, MORIO DENKI Co stock appears to be overvalued. The current stock price of 円3,550.00 is trading 76.2% above its estimated GF Value™ of 円2,014.34. GuruFocus considers MORIO DENKI Co to be Significantly Overvalued.

Key valuation signals for TSE:6647:

  • E10: 円223.71
  • GF Value™: 円2,014.34 vs. price of 円3,550.00 (76.2% above fair value)
  • GF Score™: 56/100 with 5 warning signs

No single metric tells the full story. See the TSE:6647 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MORIO DENKI Co Business Description

Address 4-34-1, Tateishi, Katsushika-ku, Tokyo, JPN, 125-0062
MORIO DENKI Co Ltd is an electrical equipment manufacturer. The company supplies various kinds of electric and electronic equipment for public transportation uses, such as rolling stock component parts at the core, traffic information display system, and electric equipment for ships.
56GF Score

Get the complete analysis for TSE:6647

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

円3,550.00
Price
円2,014.34
GF Value