Shimano (TSE:7309) E10: 円814.72 (As of Dec. 2025)


TSE:7309 Shimano Inc TSE:7309
69 GF Score
Price 円17,160.00
GF Value 円20,441.29
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Shimano E10?

Shimano TSE:7309 -1.07% 69 E10 is 円814.72 as of Dec. 2025. GuruFocus rates TSE:7309 with a GF Score™ of 69/100 and a GF Value™ of 円20,441.29 (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.

Shimano's adjusted earnings per share data for the three months ended in Dec. 2025 was 円205.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円814.72 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Shimano's average E10 Growth Rate was -4.40% per year. During the past 3 years, the average E10 Growth Rate was 2.60% per year. During the past 5 years, the average E10 Growth Rate was 10.10% 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 Shimano was 17.00% per year. The lowest was 2.60% per year. And the median was 12.50% per year.

As of today (2026-07-01), Shimano's current stock price is 円17160.00. Shimano's E10 for the quarter that ended in Dec. 2025 was 円814.72. Shimano's Shiller PE Ratio of today is 21.06.

During the past 13 years, the highest Shiller PE Ratio of Shimano was 62.80. The lowest was 19.02. And the median was 34.31.


Shimano  (TSE:7309) 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.

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

Shiller PE Ratio=Share Price/E10
=17160.00/814.72
=21.06

* 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 Shimano was 62.80. The lowest was 19.02. And the median was 34.31.


Be Aware

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


Shimano E10 Related Terms


Shimano E10 Historical Data

* Premium members only.

The historical data trend for Shimano'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.

Shimano E10 Chart

Shimano 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 618.46 753.62 799.28 852.48 814.72

Shimano 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 841.55 819.87 801.33 814.72 0.00

TSE:7309 vs AS, HAS, LTH: E10 Comparison

For the Leisure subindustry, Shimano'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.


Shimano Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shimano's Shiller PE Ratio distribution charts can be found below:

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


TSE:7309
69GF Score
Shimano Inc TSE:7309
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shimano 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, Shimano's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=205.01/113.0000*113.0000
=205.010

Current CPI (Dec. 2025) = 113.0000.

Shimano Quarterly Data

per share eps CPI Adj_EPS
201603 68.560 97.900 79.135
201606 178.709 98.100 205.852
201609 149.970 98.000 172.925
201612 152.518 98.400 175.148
201703 102.880 98.100 118.506
201706 99.144 98.500 113.739
201709 101.130 98.800 115.665
201712 111.528 99.400 126.787
201803 116.430 99.200 132.627
201806 182.570 99.200 207.968
201809 132.617 99.900 150.007
201812 150.140 99.700 170.169
201903 108.420 99.700 122.883
201906 158.745 99.800 179.741
201909 194.520 100.100 219.588
201912 97.453 100.500 109.574
202003 212.120 100.300 238.979
202006 124.519 99.900 140.847
202009 172.868 99.900 195.536
202012 175.200 99.300 199.372
202103 308.480 99.900 348.931
202106 295.696 99.500 335.816
202109 324.180 100.100 365.957
202112 324.260 100.100 366.048
202203 314.030 101.100 350.993
202206 436.650 101.800 484.690
202209 494.340 103.100 541.808
202212 162.111 104.100 175.971
202303 223.110 104.400 241.489
202306 333.700 105.200 358.442
202309 108.409 106.200 115.350
202312 10.815 106.800 11.443
202403 263.690 107.200 277.957
202406 223.800 108.200 233.728
202409 -25.780 108.900 -26.751
202412 391.650 110.700 399.787
202503 110.200 111.100 112.085
202506 -65.300 111.700 -66.060
202509 138.260 112.000 139.494
202512 205.010 113.000 205.010

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814.72 mean?
Shimano (TSE:7309) has a E10 of 円814.72 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shimano and its competitors.
Is Shimano's E10 too high?
Shimano's current E10 is 円814.72. Overall, Shimano has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shimano's E10 compare to AS and HAS?
Shimano's E10 of 円814.72 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 Shimano and its competitors. Shimano's current E10 is 円814.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimano stock overvalued right now?
Based on GuruFocus' analysis, Shimano (TSE:7309) is currently considered Modestly Undervalued. The stock's GF Value™ is 円20,441.29, compared to a current price of 円17,160.00 — trading 16.1% below its estimated fair value. The current E10 is 円814.72. Shimano's overall GF Score™ is 69/100 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 Shimano (TSE:7309), the current E10 is 円814.72 as of Dec. 2025. 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 Shimano (TSE:7309) Overvalued in 2026?

Based on GuruFocus' analysis, Shimano stock appears to be undervalued. The current stock price of 円17,160.00 is trading 16.1% below its estimated GF Value™ of 円20,441.29. GuruFocus considers Shimano to be Modestly Undervalued.

Key valuation signals for TSE:7309:

  • E10: 円814.72
  • GF Value™: 円20,441.29 vs. price of 円17,160.00 (16.1% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the TSE:7309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shimano Business Description

Address 3-77 Oimatsu-cho, Sakai-ku, Sakai, JPN, 590-8577
Shimano, founded in 1921 and headquartered in Osaka, Japan, is a global leader in the development, production, and distribution of bicycle components, fishing tackle, and rowing equipment. The company also offers lifestyle gear, including apparel, shoes, and bags. With a strong international presence across Japan, Asia, Europe, the Americas, and Oceania, Shimano serves a diverse range of recreational and sporting markets worldwide.
69GF Score

Get the complete analysis for TSE:7309

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

円17,160.00
Price
円20,441.29
GF Value