NKK Switches Co (TSE:6943) E10: 円167.84 (As of Mar. 2026)

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TSE:6943 NKK Switches Co Ltd TSE:6943
61 GF Score
Price 円5,560.00
GF Value 円4,000.05
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is NKK Switches Co E10?

NKK Switches Co TSE:6943 -0.71% 61 E10 is 円167.84 as of Mar. 2026. GuruFocus rates TSE:6943 with a GF Score™ of 61/100 and a GF Value™ of 円4,000.05 (Significantly Overvalued). The stock has 2 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.

NKK Switches Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円156.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円167.84 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -6.60% 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 NKK Switches Co was 10.90% per year. The lowest was -6.60% per year. And the median was -4.20% per year.

As of today (2026-08-26), NKK Switches Co's current stock price is 円5560.00. NKK Switches Co's E10 for the quarter that ended in Mar. 2026 was 円167.84. NKK Switches Co's Shiller PE Ratio of today is 33.13.

During the past 13 years, the highest Shiller PE Ratio of NKK Switches Co was 61.51. The lowest was 12.44. And the median was 25.08.


NKK Switches Co  (TSE:6943) 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.

NKK Switches Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5560.00/167.84
=33.13

* 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 NKK Switches Co was 61.51. The lowest was 12.44. And the median was 25.08.


Be Aware

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


NKK Switches Co E10 Related Terms


NKK Switches Co E10 Historical Data

* Premium members only.

The historical data trend for NKK Switches 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.

NKK Switches Co E10 Chart

NKK Switches 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 165.98 205.75 199.96 0.00 167.84

NKK Switches 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 140.02 138.16 144.33 167.84 0.00

TSE:6943 vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, NKK Switches 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.


NKK Switches Co Shiller PE Ratio vs Industrial Products Industry

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

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


TSE:6943
61GF Score
NKK Switches Co Ltd TSE:6943
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NKK Switches 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, NKK Switches 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)
=156.86/112.7000*112.7000
=156.860

Current CPI (Mar. 2026) = 112.7000.

NKK Switches Co Quarterly Data

per share eps CPI Adj_EPS
201603 8.384 97.900 9.651
201606 -64.000 98.100 -73.525
201609 -579.590 98.000 -666.529
201612 33.599 98.400 38.482
201703 -119.290 98.100 -137.044
201706 94.360 98.500 107.963
201709 -17.457 98.800 -19.913
201712 244.740 99.400 277.487
201803 -56.885 99.200 -64.626
201806 30.160 99.200 34.264
201809 -24.000 99.900 -27.075
201812 -99.570 99.700 -112.553
201903 -474.639 99.700 -536.528
201906 17.410 99.800 19.660
201909 -110.930 100.100 -124.893
201912 -4.460 100.500 -5.001
202003 5.904 100.300 6.634
202006 -156.100 99.900 -176.101
202009 45.515 99.900 51.347
202012 18.130 99.300 20.577
202103 168.040 99.900 189.571
202106 423.940 99.500 480.181
202109 172.656 100.100 194.389
202112 202.408 100.100 227.886
202203 -92.870 101.100 -103.526
202206 438.690 101.800 485.662
202209 345.030 103.100 377.157
202212 315.256 104.100 341.300
202303 -94.910 104.400 -102.456
202306 209.990 105.200 224.961
202309 134.104 106.200 142.312
202312 58.038 106.800 61.244
202403 70.926 107.200 74.565
202406 33.650 108.200 35.049
202409 29.380 108.900 30.405
202503 0.000 111.100 0.000
202506 -14.990 111.700 -15.124
202509 53.710 112.000 54.046
202512 160.070 113.000 159.645
202603 156.860 112.700 156.860

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167.84 mean?
NKK Switches Co (TSE:6943) has a E10 of 円167.84 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on NKK Switches Co and its competitors.
Is NKK Switches Co's E10 too high?
NKK Switches Co's current E10 is 円167.84. Overall, NKK Switches Co has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NKK Switches Co's E10 compare to VRT and BE?
NKK Switches Co's E10 of 円167.84 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 NKK Switches Co and its competitors. NKK Switches Co's current E10 is 円167.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NKK Switches Co stock overvalued right now?
Based on GuruFocus' analysis, NKK Switches Co (TSE:6943) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,000.05, compared to a current price of 円5,560.00 — trading 39% above its estimated fair value. The current E10 is 円167.84. NKK Switches Co's overall GF Score™ is 61/100 with 2 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 NKK Switches Co (TSE:6943), the current E10 is 円167.84 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 NKK Switches Co (TSE:6943) Overvalued in 2026?

Based on GuruFocus' analysis, NKK Switches Co stock appears to be overvalued. The current stock price of 円5,560.00 is trading 39% above its estimated GF Value™ of 円4,000.05. GuruFocus considers NKK Switches Co to be Significantly Overvalued.

Key valuation signals for TSE:6943:

  • E10: 円167.84
  • GF Value™: 円4,000.05 vs. price of 円5,560.00 (39% above fair value)
  • GF Score™: 61/100 with 2 warning signs

No single metric tells the full story. See the TSE:6943 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NKK Switches Co Business Description

Address 715-1 Unane, Takatsu-ku, Kawasaki-shi, JPN, 213 8553
NKK Switches Co Ltd is a Japan-based company that engages in the manufacture and sale of switches and peripheral equipment. It offers DIP, illuminated, keylock, membrane keypads, pushbutton, rocker, rotary, slide, surface mount, tactile, tilt, toggle, and touch screen switches; switch guides; and accessories.
61GF Score

Get the complete analysis for TSE:6943

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

円5,560.00
Price
円4,000.05
GF Value