Pulstec Industrial Co (TSE:6894) E10: 円234.24 (As of Mar. 2026)

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TSE:6894 Pulstec Industrial Co Ltd TSE:6894
75 GF Score
Price 円2,155.00
GF Value 円1,757.44
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Pulstec Industrial Co E10?

Pulstec Industrial Co TSE:6894 -0.19% 75 E10 is 円234.24 as of Mar. 2026. GuruFocus rates TSE:6894 with a GF Score™ of 75/100 and a GF Value™ of 円1,757.44 (Modestly Overvalued). The stock has 4 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.

Pulstec Industrial Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円92.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円234.24 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 5.70% 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 Pulstec Industrial Co was 112.70% per year. The lowest was 5.70% per year. And the median was 57.25% per year.

As of today (2026-08-27), Pulstec Industrial Co's current stock price is 円2155.00. Pulstec Industrial Co's E10 for the quarter that ended in Mar. 2026 was 円234.24. Pulstec Industrial Co's Shiller PE Ratio of today is 9.20.

During the past 13 years, the highest Shiller PE Ratio of Pulstec Industrial Co was 215.40. The lowest was 7.05. And the median was 9.36.


Pulstec Industrial Co  (TSE:6894) 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.

Pulstec Industrial Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2155.00/234.24
=9.20

* 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 Pulstec Industrial Co was 215.40. The lowest was 7.05. And the median was 9.36.


Be Aware

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


Pulstec Industrial Co E10 Related Terms


Pulstec Industrial Co E10 Historical Data

* Premium members only.

The historical data trend for Pulstec Industrial 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.

Pulstec Industrial Co E10 Chart

Pulstec Industrial 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 154.25 198.30 233.41 0.00 234.24

Pulstec Industrial Co 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 221.38 229.66 228.71 234.24 0.00

TSE:6894 vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Pulstec Industrial 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.


Pulstec Industrial Co Shiller PE Ratio vs Industrial Products Industry

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

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


TSE:6894
75GF Score
Pulstec Industrial Co Ltd TSE:6894
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pulstec Industrial 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, Pulstec Industrial 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)
=92.28/112.7000*112.7000
=92.280

Current CPI (Mar. 2026) = 112.7000.

Pulstec Industrial Co Quarterly Data

per share eps CPI Adj_EPS
201603 151.142 97.900 173.991
201606 -5.500 98.100 -6.319
201609 107.768 98.000 123.933
201612 21.284 98.400 24.377
201703 124.070 98.100 142.535
201706 -4.960 98.500 -5.675
201709 41.074 98.800 46.853
201712 11.435 99.400 12.965
201803 120.649 99.200 137.068
201806 29.380 99.200 33.378
201809 58.384 99.900 65.865
201812 80.054 99.700 90.492
201903 162.450 99.700 183.632
201906 14.430 99.800 16.295
201909 37.455 100.100 42.170
201912 36.044 100.500 40.419
202003 72.494 100.300 81.456
202006 -24.680 99.900 -27.842
202009 6.811 99.900 7.684
202012 9.817 99.300 11.142
202103 122.360 99.900 138.038
202106 2.610 99.500 2.956
202109 79.943 100.100 90.006
202112 77.875 100.100 87.677
202203 88.207 101.100 98.328
202206 -13.870 101.800 -15.355
202209 73.979 103.100 80.867
202212 22.897 104.100 24.789
202303 94.514 104.400 102.028
202306 -7.860 105.200 -8.420
202309 63.617 106.200 67.511
202312 35.170 106.800 37.113
202403 148.050 107.200 155.646
202406 -1.620 108.200 -1.687
202409 20.170 108.900 20.874
202503 0.000 111.100 0.000
202506 -13.890 111.700 -14.014
202509 65.720 112.000 66.131
202512 64.790 113.000 64.618
202603 92.280 112.700 92.280

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234.24 mean?
Pulstec Industrial Co (TSE:6894) has a E10 of 円234.24 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Pulstec Industrial Co and its competitors.
Is Pulstec Industrial Co's E10 too high?
Pulstec Industrial Co's current E10 is 円234.24. Overall, Pulstec Industrial Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pulstec Industrial Co's E10 compare to VRT and BE?
Pulstec Industrial Co's E10 of 円234.24 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 Pulstec Industrial Co and its competitors. Pulstec Industrial Co's current E10 is 円234.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pulstec Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Pulstec Industrial Co (TSE:6894) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,757.44, compared to a current price of 円2,155.00 — trading 22.6% above its estimated fair value. The current E10 is 円234.24. Pulstec Industrial Co's overall GF Score™ is 75/100 with 4 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 Pulstec Industrial Co (TSE:6894), the current E10 is 円234.24 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 Pulstec Industrial Co (TSE:6894) Overvalued in 2026?

Based on GuruFocus' analysis, Pulstec Industrial Co stock appears to be overvalued. The current stock price of 円2,155.00 is trading 22.6% above its estimated GF Value™ of 円1,757.44. GuruFocus considers Pulstec Industrial Co to be Modestly Overvalued.

Key valuation signals for TSE:6894:

  • E10: 円234.24
  • GF Value™: 円1,757.44 vs. price of 円2,155.00 (22.6% above fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the TSE:6894 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pulstec Industrial Co Business Description

Address 35, 7000 Nakagawa, Hosoe-cho, Hamana-ku, Shizuoka, Hamamatsu, JPN, 431-1304
Pulstec Industrial Co Ltd is a Japan-based company engaged in the manufacture and sale of electronic applied equipment and systems. Its products include X-ray application, optical application, optical disc, and scanner series. The company is also engaged in engaged in the manufacture and sale of portable X-ray residual stress measuring devices, healthcare, manufacturing of medical equipment, 3D scanners, various measurement, control and data processing devices, and other electronic application devices and equipment.
75GF Score

Get the complete analysis for TSE:6894

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

円2,155.00
Price
円1,757.44
GF Value