Nippon Ceramic Co (TSE:6929) E10: 円159.70 (As of Mar. 2026)


TSE:6929 Nippon Ceramic Co Ltd TSE:6929
95 GF Score
Price 円3,755.00
GF Value 円3,318.59
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Nippon Ceramic Co E10?

Nippon Ceramic Co TSE:6929 -0.79% 95 E10 is 円159.70 as of Mar. 2026. GuruFocus rates TSE:6929 with a GF Score™ of 95/100 and a GF Value™ of 円3,318.59 (Modestly Overvalued). The stock has 1 warning sign 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.

Nippon Ceramic Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円63.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円159.70 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nippon Ceramic Co's average E10 Growth Rate was 22.00% per year. During the past 3 years, the average E10 Growth Rate was 15.80% per year. During the past 5 years, the average E10 Growth Rate was 14.20% 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 Nippon Ceramic Co was 15.80% per year. The lowest was 4.00% per year. And the median was 9.40% per year.

As of today (2026-06-29), Nippon Ceramic Co's current stock price is 円3755.00. Nippon Ceramic Co's E10 for the quarter that ended in Mar. 2026 was 円159.70. Nippon Ceramic Co's Shiller PE Ratio of today is 23.51.

During the past 13 years, the highest Shiller PE Ratio of Nippon Ceramic Co was 44.91. The lowest was 19.07. And the median was 26.88.


Nippon Ceramic Co  (TSE:6929) 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.

Nippon Ceramic Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3755.00/159.70
=23.51

* 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 Nippon Ceramic Co was 44.91. The lowest was 19.07. And the median was 26.88.


Be Aware

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


Nippon Ceramic Co E10 Related Terms


Nippon Ceramic Co E10 Historical Data

* Premium members only.

The historical data trend for Nippon Ceramic 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.

Nippon Ceramic Co E10 Chart

Nippon Ceramic Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.74 99.95 111.75 126.88 155.18

Nippon Ceramic Co 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 130.90 144.22 148.74 155.18 159.70

TSE:6929 vs APH, GLW: E10 Comparison

For the Electronic Components subindustry, Nippon Ceramic 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.


Nippon Ceramic Co Shiller PE Ratio vs Hardware Industry

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

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


TSE:6929
95GF Score
Nippon Ceramic Co Ltd TSE:6929
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Ceramic 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, Nippon Ceramic 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)
=63.09/112.7000*112.7000
=63.090

Current CPI (Mar. 2026) = 112.7000.

Nippon Ceramic Co Quarterly Data

per share eps CPI Adj_EPS
201606 4.210 98.100 4.837
201609 15.760 98.000 18.124
201612 44.000 98.400 50.394
201703 20.040 98.100 23.023
201706 23.740 98.500 27.162
201709 22.120 98.800 25.232
201712 21.933 99.400 24.868
201803 16.260 99.200 18.473
201806 36.335 99.200 41.280
201809 30.010 99.900 33.855
201812 25.019 99.700 28.281
201903 23.960 99.700 27.084
201906 25.880 99.800 29.225
201909 24.550 100.100 27.640
201912 26.670 100.500 29.908
202003 22.850 100.300 25.675
202006 11.253 99.900 12.695
202009 20.440 99.900 23.059
202012 27.560 99.300 31.279
202103 30.210 99.900 34.081
202106 31.030 99.500 35.147
202109 20.718 100.100 23.326
202112 28.630 100.100 32.234
202203 37.070 101.100 41.323
202206 90.530 101.800 100.223
202209 74.900 103.100 81.874
202212 1.991 104.100 2.155
202303 41.610 104.400 44.918
202306 41.520 105.200 44.480
202309 44.337 106.200 47.051
202312 29.060 106.800 30.665
202403 36.780 107.200 38.667
202406 49.760 108.200 51.830
202409 36.120 108.900 37.380
202412 58.630 110.700 59.689
202503 49.310 111.100 50.020
202506 143.720 111.700 145.007
202509 65.140 112.000 65.547
202512 66.420 113.000 66.244
202603 63.090 112.700 63.090

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159.70 mean?
Nippon Ceramic Co (TSE:6929) has a E10 of 円159.70 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nippon Ceramic Co and its competitors.
Is Nippon Ceramic Co's E10 too high?
Nippon Ceramic Co's current E10 is 円159.70. Overall, Nippon Ceramic Co has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Ceramic Co's E10 compare to APH and GLW?
Nippon Ceramic Co's E10 of 円159.70 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 Nippon Ceramic Co and its competitors. Nippon Ceramic Co's current E10 is 円159.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Ceramic Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Ceramic Co (TSE:6929) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,318.59, compared to a current price of 円3,755.00 — trading 13.2% above its estimated fair value. The current E10 is 円159.70. Nippon Ceramic Co's overall GF Score™ is 95/100 with 1 warning sign 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 Nippon Ceramic Co (TSE:6929), the current E10 is 円159.70 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 Nippon Ceramic Co (TSE:6929) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Ceramic Co stock appears to be overvalued. The current stock price of 円3,755.00 is trading 13.2% above its estimated GF Value™ of 円3,318.59. GuruFocus considers Nippon Ceramic Co to be Modestly Overvalued.

Key valuation signals for TSE:6929:

  • E10: 円159.70
  • GF Value™: 円3,318.59 vs. price of 円3,755.00 (13.2% above fair value)
  • GF Score™: 95/100 with 1 warning sign

No single metric tells the full story. See the TSE:6929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Ceramic Co Business Description

Address 176-17 Hirooka, Tottori-shi, Tottori, JPN, 689-1193
Nippon Ceramic Co Ltd is a Japan based company engaged in development, manufacturing and sale of ceramic sensors, ferrite, module and others. Its products are applicable for household equipment and plant facilities; automobiles; home electronics and office automation equipment; and electronics. Its Household equipment & plant faculties include lighting, sensor, security system, fire detection sensor etc. In automobile industry its products are applicable in sensor, DC- DC Converter, charging & discharging battery etc. Its products in home electronics include Microwave, airconditioner and IH cooker. Under electronics industry its products are power supplies, fan motors, inverters.
95GF Score

Get the complete analysis for TSE:6929

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

円3,755.00
Price
円3,318.59
GF Value