Olympus (TSE:7733) E10: 円74.72 (As of Mar. 2026)


TSE:7733 Olympus Corp TSE:7733
82 GF Score
Price 円1,724.00
GF Value 円2,593.47
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Olympus E10?

Olympus TSE:7733 +2.38% 82 E10 is 円74.72 as of Mar. 2026. GuruFocus rates TSE:7733 with a GF Score™ of 82/100 and a GF Value™ of 円2,593.47 (Significantly Undervalued). 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.

Olympus's adjusted earnings per share data for the three months ended in Mar. 2026 was 円22.400. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円74.72 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Olympus's average E10 Growth Rate was 2.70% per year. During the past 3 years, the average E10 Growth Rate was 23.60% per year. During the past 5 years, the average E10 Growth Rate was 39.60% 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 Olympus was 78.00% per year. The lowest was 23.60% per year. And the median was 40.05% per year.

As of today (2026-06-29), Olympus's current stock price is 円1724.00. Olympus's E10 for the quarter that ended in Mar. 2026 was 円74.72. Olympus's Shiller PE Ratio of today is 23.07.

During the past 13 years, the highest Shiller PE Ratio of Olympus was 2257.35. The lowest was 17.63. And the median was 92.18.


Olympus  (TSE:7733) 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.

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

Shiller PE Ratio=Share Price/E10
=1724.00/74.72
=23.07

* 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 Olympus was 2257.35. The lowest was 17.63. And the median was 92.18.


Be Aware

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


Olympus E10 Related Terms


Olympus E10 Historical Data

* Premium members only.

The historical data trend for Olympus'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.

Olympus E10 Chart

Olympus 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 28.07 39.59 59.49 72.78 74.72

Olympus 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 72.78 72.58 73.00 74.34 74.72

TSE:7733 vs ABT, SYK, MDT: E10 Comparison

For the Medical Devices subindustry, Olympus'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.


Olympus Shiller PE Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Olympus's Shiller PE Ratio distribution charts can be found below:

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


TSE:7733
82GF Score
Olympus Corp TSE:7733
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Olympus 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, Olympus'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)
=22.4/112.7000*112.7000
=22.400

Current CPI (Mar. 2026) = 112.7000.

Olympus Quarterly Data

per share eps CPI Adj_EPS
201606 6.558 98.100 7.534
201609 10.680 98.000 12.282
201612 11.573 98.400 13.255
201703 2.428 98.100 2.789
201706 7.343 98.500 8.402
201709 14.445 98.800 16.477
201712 13.293 99.400 15.072
201803 6.613 99.200 7.513
201806 -12.220 99.200 -13.883
201809 8.190 99.900 9.239
201812 8.800 99.700 9.947
201903 1.180 99.700 1.334
201906 6.320 99.800 7.137
201909 20.900 100.100 23.531
201912 17.940 100.500 20.118
202003 -5.390 100.300 -6.056
202006 -2.130 99.900 -2.403
202009 -15.530 99.900 -17.520
202012 18.910 99.300 21.462
202103 8.780 99.900 9.905
202106 14.530 99.500 16.458
202109 33.980 100.100 38.257
202112 19.650 100.100 22.123
202203 22.010 101.100 24.535
202206 19.520 101.800 21.610
202209 32.930 103.100 35.996
202212 32.600 104.100 35.293
202303 28.040 104.400 30.269
202306 191.500 105.200 205.153
202309 -19.640 106.200 -20.842
202312 15.810 106.800 16.683
202403 8.290 107.200 8.715
202406 12.490 108.200 13.009
202409 29.770 108.900 30.809
202412 24.190 110.700 24.627
202503 36.490 111.100 37.016
202506 7.960 111.700 8.031
202509 18.050 112.000 18.163
202512 12.840 113.000 12.806
202603 22.400 112.700 22.400

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74.72 mean?
Olympus (TSE:7733) has a E10 of 円74.72 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Olympus and its competitors.
Is Olympus' E10 too high?
Olympus' current E10 is 円74.72. Overall, Olympus has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Olympus' E10 compare to ABT and SYK?
Olympus' E10 of 円74.72 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good E10 depends on the Medical Devices & Instruments 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 Olympus and its competitors. Olympus's current E10 is 円74.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olympus stock overvalued right now?
Based on GuruFocus' analysis, Olympus (TSE:7733) is currently considered Significantly Undervalued. The stock's GF Value™ is 円2,593.47, compared to a current price of 円1,724.00 — trading 33.5% below its estimated fair value. The current E10 is 円74.72. Olympus' overall GF Score™ is 82/100 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 Olympus (TSE:7733), the current E10 is 円74.72 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 Olympus (TSE:7733) Overvalued in 2026?

Based on GuruFocus' analysis, Olympus stock appears to be undervalued. The current stock price of 円1,724.00 is trading 33.5% below its estimated GF Value™ of 円2,593.47. GuruFocus considers Olympus to be Significantly Undervalued.

Key valuation signals for TSE:7733:

  • E10: 円74.72
  • GF Value™: 円2,593.47 vs. price of 円1,724.00 (33.5% below fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the TSE:7733 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Olympus Business Description

Address 2951 Ishikawacho, Hachioji, JPN, 192-8507
Olympus is a medical-device maker with a leading position in the endoscope market and a diversified global revenue stream. Originally founded in 1919 in Japan as a microscope and camera maker, Olympus has gradually pivoted into endoscopic and therapeutic solutions. As of March 2025, more than 60% of its revenue comes from endoscopic solutions. In addition, North America is the biggest revenue contributor by region, accounting for 38% of its total revenue.
82GF Score

Get the complete analysis for TSE:7733

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

円1,724.00
Price
円2,593.47
GF Value