Mikuni (TSE:7247) E10: 円23.10 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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
Charlie Tian
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:7247 Mikuni Corp TSE:7247
65 GF Score
Price 円370.00
GF Value 円409.47
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Mikuni E10?

Mikuni TSE:7247 +0.54% 65 E10 is 円23.10 as of Mar. 2026. GuruFocus rates TSE:7247 with a GF Score™ of 65/100 and a GF Value™ of 円409.47 (Modestly Undervalued). 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.

Mikuni's adjusted earnings per share data for the three months ended in Mar. 2026 was 円-3.658. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円23.10 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -14.50% 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 Mikuni was 13.50% per year. The lowest was -14.50% per year. And the median was -10.30% per year.

As of today (2026-09-15), Mikuni's current stock price is 円370.00. Mikuni's E10 for the quarter that ended in Mar. 2026 was 円23.10. Mikuni's Shiller PE Ratio of today is 16.02.

During the past 13 years, the highest Shiller PE Ratio of Mikuni was 25.90. The lowest was 4.04. And the median was 11.35.


Mikuni  (TSE:7247) 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.

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

Shiller PE Ratio=Share Price/E10
=370.00/23.095
=16.02

* 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 Mikuni was 25.90. The lowest was 4.04. And the median was 11.35.


Be Aware

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


Mikuni E10 Related Terms


Mikuni E10 Historical Data

* Premium members only.

The historical data trend for Mikuni'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.

Mikuni E10 Chart

Mikuni 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 40.22 31.81 26.80 23.53 23.10

Mikuni 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 24.10 24.28 25.25 23.10 23.69

TSE:7247 vs ORLY, AZO, GPC: E10 Comparison

For the Auto Parts subindustry, Mikuni'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.


Mikuni Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mikuni's Shiller PE Ratio distribution charts can be found below:

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


TSE:7247
65GF Score
Mikuni Corp TSE:7247
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mikuni 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, Mikuni'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)
=-3.658/112.7000*112.7000
=-3.658

Current CPI (Mar. 2026) = 112.7000.

Mikuni Quarterly Data

per share eps CPI Adj_EPS
201603 14.990 97.900 17.256
201606 11.302 98.100 12.984
201609 11.930 98.000 13.720
201612 30.130 98.400 34.509
201703 26.500 98.100 30.444
201706 17.160 98.500 19.634
201709 12.815 98.800 14.618
201712 28.812 99.400 32.667
201803 16.948 99.200 19.255
201806 20.428 99.200 23.208
201809 10.615 99.900 11.975
201812 13.499 99.700 15.259
201903 22.717 99.700 25.679
201906 4.163 99.800 4.701
201909 -3.892 100.100 -4.382
201912 11.913 100.500 13.359
202003 -131.698 100.300 -147.979
202006 -20.114 99.900 -22.691
202009 -31.300 99.900 -35.310
202012 1.730 99.300 1.964
202103 46.027 99.900 51.924
202106 17.629 99.500 19.967
202109 4.678 100.100 5.267
202112 17.670 100.100 19.894
202203 -1.192 101.100 -1.329
202206 -3.904 101.800 -4.322
202209 -14.183 103.100 -15.503
202212 19.694 104.100 21.321
202303 -52.766 104.400 -56.961
202306 0.774 105.200 0.830
202309 1.784 106.200 1.893
202312 10.550 106.800 11.133
202403 18.157 107.200 19.089
202406 6.092 108.200 6.345
202409 -5.466 108.900 -5.657
202503 59.921 111.100 60.784
202506 22.475 111.700 22.676
202509 3.923 112.000 3.948
202512 13.115 113.000 13.080
202603 -3.658 112.700 -3.658

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23.10 mean?
Mikuni (TSE:7247) has a E10 of 円23.10 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mikuni and its competitors.
Is Mikuni's E10 too high?
Mikuni's current E10 is 円23.10. Overall, Mikuni has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mikuni's E10 compare to ORLY and AZO?
Mikuni's E10 of 円23.10 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Mikuni and its competitors. Mikuni's current E10 is 円23.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mikuni stock overvalued right now?
Based on GuruFocus' analysis, Mikuni (TSE:7247) is currently considered Modestly Undervalued. The stock's GF Value™ is 円409.47, compared to a current price of 円370.00 — trading 9.6% below its estimated fair value. The current E10 is 円23.10. Mikuni's overall GF Score™ is 65/100 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 Mikuni (TSE:7247), the current E10 is 円23.10 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 Mikuni (TSE:7247) Overvalued in 2026?

Based on GuruFocus' analysis, Mikuni stock appears to be undervalued. The current stock price of 円370.00 is trading 9.6% below its estimated GF Value™ of 円409.47. GuruFocus considers Mikuni to be Modestly Undervalued.

Key valuation signals for TSE:7247:

  • E10: 円23.10
  • GF Value™: 円409.47 vs. price of 円370.00 (9.6% below fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the TSE:7247 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mikuni Business Description

Address Mikuni Building, 6-13-11 Sotokanda, Chiyoda-ku, Tokyo, JPN, 101-0021
Mikuni Corp. is engaged in the manufacture of performance carburetors for motorcycles, snowmobiles, and watercraft, humidifiers, negative ion air generators, sprayers, among others.
65GF Score

Get the complete analysis for TSE:7247

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

円370.00
Price
円409.47
GF Value