Sysmex (TSE:6869) E10: 円72.79 (As of Mar. 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:6869 Sysmex Corp TSE:6869
76 GF Score
Price 円1,541.00
GF Value 円2,909.85
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Sysmex E10?

Sysmex TSE:6869 -1.28% 76 E10 is 円72.79 as of Mar. 2026. GuruFocus rates TSE:6869 with a GF Score™ of 76/100 and a GF Value™ of 円2,909.85 (Significantly Undervalued). The stock has 3 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.

Sysmex's adjusted earnings per share data for the three months ended in Mar. 2026 was 円2.840. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円72.79 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Sysmex's average E10 Growth Rate was -0.60% per year. During the past 3 years, the average E10 Growth Rate was 6.00% per year. During the past 5 years, the average E10 Growth Rate was 9.10% 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 Sysmex was 11.40% per year. The lowest was 6.00% per year. And the median was 10.10% per year.

As of today (2026-07-15), Sysmex's current stock price is 円1541.00. Sysmex's E10 for the quarter that ended in Mar. 2026 was 円72.79. Sysmex's Shiller PE Ratio of today is 21.17.

During the past 13 years, the highest Shiller PE Ratio of Sysmex was 101.01. The lowest was 17.47. And the median was 52.97.


Sysmex  (TSE:6869) 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.

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

Shiller PE Ratio=Share Price/E10
=1541.00/72.79
=21.17

* 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 Sysmex was 101.01. The lowest was 17.47. And the median was 52.97.


Be Aware

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


Sysmex E10 Related Terms


Sysmex E10 Historical Data

* Premium members only.

The historical data trend for Sysmex'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.

Sysmex E10 Chart

Sysmex 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 54.23 61.03 66.93 73.23 72.79

Sysmex Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 73.23 72.91 73.52 74.46 72.79

TSE:6869 vs ABT, SYK, MDT: E10 Comparison

For the Medical Devices subindustry, Sysmex'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.


Sysmex Shiller PE Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sysmex's Shiller PE Ratio distribution charts can be found below:

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


TSE:6869
76GF Score
Sysmex Corp TSE:6869
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sysmex 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, Sysmex'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)
=2.84/112.7000*112.7000
=2.840

Current CPI (Mar. 2026) = 112.7000.

Sysmex Quarterly Data

per share eps CPI Adj_EPS
201606 15.093 98.100 17.339
201609 22.420 98.000 25.783
201612 13.550 98.400 15.519
201703 13.850 98.100 15.911
201706 13.130 98.500 15.023
201709 17.523 98.800 19.988
201712 18.137 99.400 20.564
201803 13.823 99.200 15.704
201806 15.033 99.200 17.079
201809 16.030 99.900 18.084
201812 15.050 99.700 17.012
201903 19.650 99.700 22.212
201906 10.683 99.800 12.064
201909 17.383 100.100 19.571
201912 14.200 100.500 15.924
202003 13.377 100.300 15.031
202006 7.153 99.900 8.070
202009 13.020 99.900 14.688
202012 16.937 99.300 19.223
202103 13.710 99.900 15.467
202106 15.623 99.500 17.696
202109 19.267 100.100 21.692
202112 16.897 100.100 19.024
202203 18.377 101.100 20.486
202206 12.790 101.800 14.159
202209 25.413 103.100 27.779
202212 17.830 104.100 19.303
202303 16.877 104.400 18.219
202306 13.723 105.200 14.701
202309 21.597 106.200 22.919
202312 19.617 106.800 20.701
202403 24.297 107.200 25.544
202406 17.690 108.200 18.426
202409 24.010 108.900 24.848
202412 26.630 110.700 27.111
202503 17.720 111.100 17.975
202506 7.300 111.700 7.365
202509 23.200 112.000 23.345
202512 23.550 113.000 23.487
202603 2.840 112.700 2.840

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72.79 mean?
Sysmex (TSE:6869) has a E10 of 円72.79 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Sysmex and its competitors.
Is Sysmex's E10 too high?
Sysmex's current E10 is 円72.79. Overall, Sysmex has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sysmex's E10 compare to ABT and SYK?
Sysmex's E10 of 円72.79 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good E10 depends on the Medical Devices & Instruments 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 Sysmex and its competitors. Sysmex's current E10 is 円72.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sysmex stock overvalued right now?
Based on GuruFocus' analysis, Sysmex (TSE:6869) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,909.85, compared to a current price of 円1,541.00 — trading 47% below its estimated fair value. The current E10 is 円72.79. Sysmex's overall GF Score™ is 76/100 with 3 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 Sysmex (TSE:6869), the current E10 is 円72.79 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 Sysmex (TSE:6869) Overvalued in 2026?

Based on GuruFocus' analysis, Sysmex stock appears to be undervalued. The current stock price of 円1,541.00 is trading 47% below its estimated GF Value™ of 円2,909.85. GuruFocus considers Sysmex to be Significantly Undervalued.

Key valuation signals for TSE:6869:

  • E10: 円72.79
  • GF Value™: 円2,909.85 vs. price of 円1,541.00 (47% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the TSE:6869 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sysmex Business Description

Address 1-5-1 Wakihama Kaigan-dori, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 651-0073
Sysmex Corp manufactures and sells laboratory testing equipment and reagents. It conducts product development, manufacturing, sales, and service activities in domestic markets, while certain products are also developed, manufactured, and sold through its subsidiaries. The company operates through five reportable segments based on headquarters: Head Office Management, Americas Headquarters, EMEA Headquarters, China Headquarters, and AP Headquarters.
76GF Score

Get the complete analysis for TSE:6869

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

円1,541.00
Price
円2,909.85
GF Value