Fanuc (TSE:6954) E10: 円160.75 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
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Founder & CEO of GuruFocus
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:6954 Fanuc Corp TSE:6954
82 GF Score
Price 円6,637.00
GF Value 円4,795.71
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Fanuc E10?

Fanuc TSE:6954 -5.46% 82 E10 is 円160.75 as of Mar. 2026. GuruFocus rates TSE:6954 with a GF Score™ of 82/100 and a GF Value™ of 円4,795.71 (Significantly 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.

Fanuc's adjusted earnings per share data for the three months ended in Mar. 2026 was 円53.240. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円160.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fanuc's average E10 Growth Rate was 0.90% per year. During the past 3 years, the average E10 Growth Rate was 1.00% per year. During the past 5 years, the average E10 Growth Rate was 2.40% per year. During the past 10 years, the average E10 Growth Rate was 2.60% 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 Fanuc was 7.70% per year. The lowest was 0.90% per year. And the median was 3.35% per year.

As of today (2026-07-18), Fanuc's current stock price is 円6637.00. Fanuc's E10 for the quarter that ended in Mar. 2026 was 円160.75. Fanuc's Shiller PE Ratio of today is 41.29.

During the past 13 years, the highest Shiller PE Ratio of Fanuc was 51.19. The lowest was 16.41. And the median was 29.06.


Fanuc  (TSE:6954) 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.

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

Shiller PE Ratio=Share Price/E10
=6637.00/160.75
=41.29

* 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 Fanuc was 51.19. The lowest was 16.41. And the median was 29.06.


Be Aware

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


Fanuc E10 Related Terms


Fanuc E10 Historical Data

* Premium members only.

The historical data trend for Fanuc'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.

Fanuc E10 Chart

Fanuc 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 146.78 155.98 161.54 159.29 160.75

Fanuc 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 159.29 158.31 158.45 159.67 160.75

TSE:6954 vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Fanuc'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.


Fanuc Shiller PE Ratio vs Industrial Products Industry

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

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


TSE:6954
82GF Score
Fanuc Corp TSE:6954
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fanuc 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, Fanuc'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)
=53.24/112.7000*112.7000
=53.240

Current CPI (Mar. 2026) = 112.7000.

Fanuc Quarterly Data

per share eps CPI Adj_EPS
201606 31.184 98.100 35.825
201609 30.882 98.000 35.514
201612 33.424 98.400 38.281
201703 36.236 98.100 41.629
201706 42.130 98.500 48.204
201709 46.352 98.800 52.873
201712 52.156 99.400 59.135
201803 47.094 99.200 53.503
201806 46.146 99.200 52.426
201809 38.144 99.900 43.031
201812 48.556 99.700 54.887
201903 26.221 99.700 29.640
201906 24.150 99.800 27.272
201909 17.616 100.100 19.833
201912 17.027 100.500 19.094
202003 17.564 100.300 19.735
202006 9.478 99.900 10.692
202009 19.832 99.900 22.373
202012 28.394 99.300 32.226
202103 40.318 99.900 45.484
202106 42.014 99.500 47.588
202109 39.989 100.100 45.023
202112 41.834 100.100 47.100
202203 38.058 101.100 42.425
202206 44.000 101.800 48.711
202209 44.000 103.100 48.097
202212 47.750 104.100 51.695
202303 42.795 104.400 46.197
202306 31.820 105.200 34.089
202309 35.280 106.200 37.439
202312 36.330 106.800 38.337
202403 36.800 107.200 38.688
202406 30.460 108.200 31.727
202409 43.710 108.900 45.235
202412 35.220 110.700 35.856
202503 47.920 111.100 48.610
202506 40.560 111.700 40.923
202509 44.980 112.000 45.261
202512 39.690 113.000 39.585
202603 53.240 112.700 53.240

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160.75 mean?
Fanuc (TSE:6954) has a E10 of 円160.75 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fanuc and its competitors.
Is Fanuc's E10 too high?
Fanuc's current E10 is 円160.75. Overall, Fanuc has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fanuc's E10 compare to GEV and ETN?
Fanuc's E10 of 円160.75 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 Fanuc and its competitors. Fanuc's current E10 is 円160.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fanuc stock overvalued right now?
Based on GuruFocus' analysis, Fanuc (TSE:6954) is currently considered Significantly Overvalued. The stock's GF Value™ is 円4,795.71, compared to a current price of 円6,637.00 — trading 38.4% above its estimated fair value. The current E10 is 円160.75. Fanuc's overall GF Score™ is 82/100 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 Fanuc (TSE:6954), the current E10 is 円160.75 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 Fanuc (TSE:6954) Overvalued in 2026?

Based on GuruFocus' analysis, Fanuc stock appears to be overvalued. The current stock price of 円6,637.00 is trading 38.4% above its estimated GF Value™ of 円4,795.71. GuruFocus considers Fanuc to be Significantly Overvalued.

Key valuation signals for TSE:6954:

  • E10: 円160.75
  • GF Value™: 円4,795.71 vs. price of 円6,637.00 (38.4% above fair value)
  • GF Score™: 82/100 with 1 warning sign

No single metric tells the full story. See the TSE:6954 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fanuc Business Description

Address 3580 Furubaba, Oshino Village, Minamitsuru District, Yamanashi, JPN, 401-0597
Fanuc's primary products include industrial robots, computerized numerical control systems (CNC), and compact machining centers (Robodrills) globally. The company had its beginnings as part of Fujitsu developing early numerical control systems and commands the top global market share with its CNC systems and industrial robots.
82GF Score

Get the complete analysis for TSE:6954

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

円6,637.00
Price
円4,795.71
GF Value