Kikusui Holdings (TSE:6912) E10: 円99.42 (As of Mar. 2026)

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TSE:6912 Kikusui Holdings Corp TSE:6912
79 GF Score
Price 円2,416.00
GF Value 円1,650.62
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Kikusui Holdings E10?

Kikusui Holdings TSE:6912 +0.42% 79 E10 is 円99.42 as of Mar. 2026. GuruFocus rates TSE:6912 with a GF Score™ of 79/100 and a GF Value™ of 円1,650.62 (Significantly Overvalued). 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.

Kikusui Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was 円53.075. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円99.42 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 17.60% 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 Kikusui Holdings was 17.60% per year. The lowest was 2.50% per year. And the median was 13.60% per year.

As of today (2026-08-30), Kikusui Holdings's current stock price is 円2416.00. Kikusui Holdings's E10 for the quarter that ended in Mar. 2026 was 円99.42. Kikusui Holdings's Shiller PE Ratio of today is 24.30.

During the past 13 years, the highest Shiller PE Ratio of Kikusui Holdings was 49.06. The lowest was 11.55. And the median was 19.08.


Kikusui Holdings  (TSE:6912) 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.

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

Shiller PE Ratio=Share Price/E10
=2416.00/99.42
=24.30

* 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 Kikusui Holdings was 49.06. The lowest was 11.55. And the median was 19.08.


Be Aware

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


Kikusui Holdings E10 Related Terms


Kikusui Holdings E10 Historical Data

* Premium members only.

The historical data trend for Kikusui Holdings'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.

Kikusui Holdings E10 Chart

Kikusui Holdings 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 51.36 61.18 74.64 0.00 99.42

Kikusui Holdings 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 84.50 88.66 95.03 99.42 0.00

TSE:6912 vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Kikusui Holdings'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.


Kikusui Holdings Shiller PE Ratio vs Industrial Products Industry

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

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


TSE:6912
79GF Score
Kikusui Holdings Corp TSE:6912
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kikusui Holdings 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, Kikusui Holdings'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)
=53.075/112.7000*112.7000
=53.075

Current CPI (Mar. 2026) = 112.7000.

Kikusui Holdings Quarterly Data

per share eps CPI Adj_EPS
201603 32.590 97.900 37.517
201606 3.580 98.100 4.113
201609 5.966 98.000 6.861
201612 -0.844 98.400 -0.967
201703 31.080 98.100 35.706
201706 -6.170 98.500 -7.059
201709 15.030 98.800 17.145
201712 -1.785 99.400 -2.024
201803 33.510 99.200 38.070
201806 -7.520 99.200 -8.543
201809 19.340 99.900 21.818
201812 13.130 99.700 14.842
201903 28.570 99.700 32.295
201906 3.710 99.800 4.190
201909 16.070 100.100 18.093
201912 8.650 100.500 9.700
202003 31.476 100.300 35.367
202006 -7.080 99.900 -7.987
202009 4.908 99.900 5.537
202012 10.730 99.300 12.178
202103 30.590 99.900 34.509
202106 23.870 99.500 27.037
202109 25.720 100.100 28.957
202112 14.030 100.100 15.796
202203 21.510 101.100 23.978
202206 19.350 101.800 21.422
202209 36.610 103.100 40.019
202212 23.710 104.100 25.669
202303 48.654 104.400 52.522
202306 25.720 105.200 27.554
202309 36.330 106.200 38.554
202312 36.360 106.800 38.369
202403 56.970 107.200 59.893
202406 25.180 108.200 26.227
202409 46.740 108.900 48.371
202503 0.000 111.100 0.000
202506 30.960 111.700 31.237
202509 43.940 112.000 44.215
202512 65.270 113.000 65.097
202603 53.075 112.700 53.075

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99.42 mean?
Kikusui Holdings (TSE:6912) has a E10 of 円99.42 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kikusui Holdings and its competitors.
Is Kikusui Holdings' E10 too high?
Kikusui Holdings' current E10 is 円99.42. Overall, Kikusui Holdings has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kikusui Holdings' E10 compare to VRT and BE?
Kikusui Holdings' E10 of 円99.42 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 Kikusui Holdings and its competitors. Kikusui Holdings's current E10 is 円99.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kikusui Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kikusui Holdings (TSE:6912) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,650.62, compared to a current price of 円2,416.00 — trading 46.4% above its estimated fair value. The current E10 is 円99.42. Kikusui Holdings' overall GF Score™ is 79/100 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 Kikusui Holdings (TSE:6912), the current E10 is 円99.42 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 Kikusui Holdings (TSE:6912) Overvalued in 2026?

Based on GuruFocus' analysis, Kikusui Holdings stock appears to be overvalued. The current stock price of 円2,416.00 is trading 46.4% above its estimated GF Value™ of 円1,650.62. GuruFocus considers Kikusui Holdings to be Significantly Overvalued.

Key valuation signals for TSE:6912:

  • E10: 円99.42
  • GF Value™: 円1,650.62 vs. price of 円2,416.00 (46.4% above fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the TSE:6912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kikusui Holdings Business Description

Address 6-1 Chigasakichuo, Southwood 4 Floor, Tsuzuki-ku, Kanagawa, Yokohama, JPN, 224-0023
Kikusui Holdings Corp is engaged in the manufacture and sale of electrical instruments business. The activities of the company include production, development, sales, service, quality assurance, and sales promotion.
79GF Score

Get the complete analysis for TSE:6912

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

円2,416.00
Price
円1,650.62
GF Value