Toba (TSE:7472) E10: 円299.13 (As of Mar. 2026)

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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:7472 Toba Inc TSE:7472
78 GF Score
Price 円3,805.00
GF Value 円3,716.32
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Toba E10?

Toba TSE:7472 78 E10 is 円299.13 as of Mar. 2026. GuruFocus rates TSE:7472 with a GF Score™ of 78/100 and a GF Value™ of 円3,716.32 (Fairly Valued). The stock has 3 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.

Toba's adjusted earnings per share data for the three months ended in Mar. 2026 was 円79.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円299.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Toba's average E10 Growth Rate was 2.90% per year. During the past 3 years, the average E10 Growth Rate was 7.00% per year. During the past 5 years, the average E10 Growth Rate was 9.20% 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 Toba was 11.50% per year. The lowest was 7.00% per year. And the median was 10.50% per year.

As of today (2026-08-14), Toba's current stock price is 円3805.00. Toba's E10 for the quarter that ended in Mar. 2026 was 円299.13. Toba's Shiller PE Ratio of today is 12.72.

During the past 13 years, the highest Shiller PE Ratio of Toba was 22.97. The lowest was 11.61. And the median was 13.22.


Toba  (TSE:7472) 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.

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

Shiller PE Ratio=Share Price/E10
=3805.00/299.13
=12.72

* 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 Toba was 22.97. The lowest was 11.61. And the median was 13.22.


Be Aware

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


Toba E10 Related Terms


Toba E10 Historical Data

* Premium members only.

The historical data trend for Toba'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.

Toba E10 Chart

Toba 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 218.50 246.32 269.46 0.00 299.13

Toba Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 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 0.00 291.37 293.38 296.72 299.13

TSE:7472 vs GWW, FAST, FERG: E10 Comparison

For the Industrial Distribution subindustry, Toba'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.


Toba Shiller PE Ratio vs Industrial Distribution Industry

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

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


TSE:7472
78GF Score
Toba Inc TSE:7472
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toba 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, Toba'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)
=79.6/112.7000*112.7000
=79.600

Current CPI (Mar. 2026) = 112.7000.

Toba Quarterly Data

per share eps CPI Adj_EPS
201512 61.120 98.100 70.216
201603 56.802 97.900 65.389
201606 35.640 98.100 40.944
201609 42.930 98.000 49.370
201612 36.210 98.400 41.472
201703 62.692 98.100 72.022
201706 63.460 98.500 72.609
201709 83.220 98.800 94.928
201712 80.260 99.400 90.999
201803 68.900 99.200 78.277
201806 80.710 99.200 91.694
201809 83.580 99.900 94.289
201812 81.480 99.700 92.104
201903 71.540 99.700 80.868
201906 53.880 99.800 60.844
201909 53.110 100.100 59.795
201912 55.230 100.500 61.935
202003 62.679 100.300 70.428
202006 48.680 99.900 54.917
202009 60.110 99.900 67.812
202012 43.700 99.300 49.597
202103 66.919 99.900 75.493
202106 77.580 99.500 87.872
202109 74.980 100.100 84.418
202112 106.750 100.100 120.187
202203 71.380 101.100 79.570
202206 76.630 101.800 84.835
202209 83.010 103.100 90.739
202212 52.540 104.100 56.880
202303 127.960 104.400 138.133
202306 58.570 105.200 62.746
202309 72.890 106.200 77.351
202312 78.480 106.800 82.816
202403 54.807 107.200 57.619
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 80.730 111.700 81.453
202509 60.660 112.000 61.039
202512 60.670 113.000 60.509
202603 79.600 112.700 79.600

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299.13 mean?
Toba (TSE:7472) has a E10 of 円299.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Toba and its competitors.
Is Toba's E10 too high?
Toba's current E10 is 円299.13. Overall, Toba has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Toba's E10 compare to GWW and FAST?
Toba's E10 of 円299.13 can be compared against companies in the Industrial Distribution 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 Distribution company?
A good E10 depends on the Industrial Distribution 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 Toba and its competitors. Toba's current E10 is 円299.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toba stock overvalued right now?
Based on GuruFocus' analysis, Toba (TSE:7472) is currently considered Fairly Valued. The stock's GF Value™ is 円3,716.32, compared to a current price of 円3,805.00 — trading 2.4% above its estimated fair value. The current E10 is 円299.13. Toba's overall GF Score™ is 78/100 with 3 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 Toba (TSE:7472), the current E10 is 円299.13 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 Toba (TSE:7472) Overvalued in 2026?

Based on GuruFocus' analysis, Toba stock appears to be overvalued. The current stock price of 円3,805.00 is trading 2.4% above its estimated GF Value™ of 円3,716.32. GuruFocus considers Toba to be Fairly Valued.

Key valuation signals for TSE:7472:

  • E10: 円299.13
  • GF Value™: 円3,716.32 vs. price of 円3,805.00 (2.4% above fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the TSE:7472 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toba Business Description

Address 8-6, Suido 2-chome, Bunkyo-ku, Tokyo, JPN, 112 0005
Toba Inc is engaged in import, export, and sales of control machinery, industrial robots, measuring & instrumentation devices, electronic machinery, & chemicals. It also provides installation & related production facility efficiency consulting services. Its products include pneumatic/hydraulic cylinder, solenoid valve, coupler, hydraulic products, integrated gas system, Ionizer, conductive mat and tile, a hydro carbonic cleaning device and drain separator.
78GF Score

Get the complete analysis for TSE:7472

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

円3,805.00
Price
円3,716.32
GF Value