Chino (TSE:6850) E10: 円79.60 (As of Mar. 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:6850 Chino Corp TSE:6850
85 GF Score
Price 円1,702.00
GF Value 円1,364.37
Valuation Modestly Overvalued
View Full Analysis

What is Chino E10?

Chino TSE:6850 -0.35% 85 E10 is 円79.60 as of Mar. 2026. GuruFocus rates TSE:6850 with a GF Score™ of 85/100 and a GF Value™ of 円1,364.37 (Modestly Overvalued).

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.

Chino's adjusted earnings per share data for the three months ended in Mar. 2026 was 円66.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円79.60 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 15.80% 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 Chino was 32.50% per year. The lowest was 15.80% per year. And the median was 17.30% per year.

As of today (2026-08-29), Chino's current stock price is 円1702.00. Chino's E10 for the quarter that ended in Mar. 2026 was 円79.60. Chino's Shiller PE Ratio of today is 21.38.

During the past 13 years, the highest Shiller PE Ratio of Chino was 55.08. The lowest was 15.15. And the median was 19.80.


Chino  (TSE:6850) 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.

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

Shiller PE Ratio=Share Price/E10
=1702.00/79.60
=21.38

* 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 Chino was 55.08. The lowest was 15.15. And the median was 19.80.


Be Aware

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


Chino E10 Related Terms


Chino E10 Historical Data

* Premium members only.

The historical data trend for Chino'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.

Chino E10 Chart

Chino 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 42.99 51.31 61.43 0.00 79.60

Chino Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 67.58 70.95 73.39 79.60 0.00

TSE:6850 vs COHR, KEYS, GRMN: E10 Comparison

For the Scientific & Technical Instruments subindustry, Chino'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.


Chino Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Chino's Shiller PE Ratio distribution charts can be found below:

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


TSE:6850
85GF Score
Chino Corp TSE:6850
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chino 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, Chino'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)
=66.36/112.7000*112.7000
=66.360

Current CPI (Mar. 2026) = 112.7000.

Chino Quarterly Data

per share eps CPI Adj_EPS
201603 15.555 97.900 17.907
201606 -9.550 98.100 -10.971
201609 5.900 98.000 6.785
201612 3.250 98.400 3.722
201703 22.210 98.100 25.515
201706 -2.725 98.500 -3.118
201709 12.750 98.800 14.544
201712 10.825 99.400 12.273
201803 28.275 99.200 32.123
201806 4.205 99.200 4.777
201809 16.670 99.900 18.806
201812 16.414 99.700 18.554
201903 28.449 99.700 32.158
201906 -0.180 99.800 -0.203
201909 35.530 100.100 40.002
201912 3.650 100.500 4.093
202003 32.889 100.300 36.955
202006 21.555 99.900 24.317
202009 10.099 99.900 11.393
202012 6.417 99.300 7.283
202103 37.995 99.900 42.863
202106 2.670 99.500 3.024
202109 12.043 100.100 13.559
202112 13.385 100.100 15.070
202203 33.888 101.100 37.776
202206 11.330 101.800 12.543
202209 15.030 103.100 16.429
202212 21.660 104.100 23.449
202303 42.553 104.400 45.936
202306 15.470 105.200 16.573
202309 20.955 106.200 22.238
202312 28.140 106.800 29.695
202403 38.820 107.200 40.812
202406 12.030 108.200 12.530
202409 25.270 108.900 26.152
202503 0.000 111.100 0.000
202506 6.760 111.700 6.821
202509 20.770 112.000 20.900
202512 26.550 113.000 26.480
202603 66.360 112.700 66.360

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79.60 mean?
Chino (TSE:6850) has a E10 of 円79.60 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Chino and its competitors.
Is Chino's E10 too high?
Chino's current E10 is 円79.60. Overall, Chino has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chino's E10 compare to COHR and KEYS?
Chino's E10 of 円79.60 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Chino and its competitors. Chino's current E10 is 円79.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chino stock overvalued right now?
Based on GuruFocus' analysis, Chino (TSE:6850) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,364.37, compared to a current price of 円1,702.00 — trading 24.7% above its estimated fair value. The current E10 is 円79.60. Chino's overall GF Score™ is 85/100. 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 Chino (TSE:6850), the current E10 is 円79.60 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 Chino (TSE:6850) Overvalued in 2026?

Based on GuruFocus' analysis, Chino stock appears to be overvalued. The current stock price of 円1,702.00 is trading 24.7% above its estimated GF Value™ of 円1,364.37. GuruFocus considers Chino to be Modestly Overvalued.

Key valuation signals for TSE:6850:

  • E10: 円79.60
  • GF Value™: 円1,364.37 vs. price of 円1,702.00 (24.7% above fair value)
  • GF Score™: 85/100

No single metric tells the full story. See the TSE:6850 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chino Business Description

Address 32-8, Kumano-cho, Itabashi-Ku, Tokyo, JPN, 173-8632
Chino Corp is engaged in the manufacture and sale of instrumentation and control equipment. The product line includes - temperature sensors, infrared radiation thermometers, recorders, data loggers, temperature calibration equipment, fuel cell testing systems, compressor performance testing systems, and instrumentation components.
85GF Score

Get the complete analysis for TSE:6850

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

円1,702.00
Price
円1,364.37
GF Value