Shoei Co (TSE:7839) E10: 円94.36 (As of Mar. 2026)


TSE:7839 Shoei Co Ltd TSE:7839
99 GF Score
Price 円1,841.00
GF Value 円1,976.67
Valuation Fairly Valued
! 1 Warning Sign
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What is Shoei Co E10?

Shoei Co TSE:7839 +2.39% 99 E10 is 円94.36 as of Mar. 2026. GuruFocus rates TSE:7839 with a GF Score™ of 99/100 and a GF Value™ of 円1,976.67 (Fairly Valued). 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.

Shoei Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円32.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円94.36 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Shoei Co's average E10 Growth Rate was 10.80% per year. During the past 3 years, the average E10 Growth Rate was 18.60% per year. During the past 5 years, the average E10 Growth Rate was 22.60% 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 Shoei Co was 26.10% per year. The lowest was 18.60% per year. And the median was 24.30% per year.

As of today (2026-07-04), Shoei Co's current stock price is 円1841.00. Shoei Co's E10 for the quarter that ended in Mar. 2026 was 円94.36. Shoei Co's Shiller PE Ratio of today is 19.51.

During the past 13 years, the highest Shiller PE Ratio of Shoei Co was 70.20. The lowest was 17.17. And the median was 41.47.


Shoei Co  (TSE:7839) 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.

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

Shiller PE Ratio=Share Price/E10
=1841.00/94.36
=19.51

* 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 Shoei Co was 70.20. The lowest was 17.17. And the median was 41.47.


Be Aware

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


Shoei Co E10 Related Terms


Shoei Co E10 Historical Data

* Premium members only.

The historical data trend for Shoei Co'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.

Shoei Co E10 Chart

Shoei Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.39 53.89 67.22 79.66 89.89

Shoei Co 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 85.16 87.60 89.89 92.82 94.36

TSE:7839 vs NKE, DECK, ONON: E10 Comparison

For the Footwear & Accessories subindustry, Shoei Co'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.


Shoei Co Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shoei Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:7839
99GF Score
Shoei Co Ltd TSE:7839
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shoei Co 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, Shoei Co'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)
=32.44/112.7000*112.7000
=32.440

Current CPI (Mar. 2026) = 112.7000.

Shoei Co Quarterly Data

per share eps CPI Adj_EPS
201606 12.571 98.100 14.442
201609 8.633 98.000 9.928
201612 8.375 98.400 9.592
201703 9.751 98.100 11.202
201706 13.745 98.500 15.727
201709 10.949 98.800 12.489
201712 9.148 99.400 10.372
201803 11.225 99.200 12.753
201806 16.275 99.200 18.490
201809 10.155 99.900 11.456
201812 10.620 99.700 12.005
201903 10.373 99.700 11.726
201906 18.190 99.800 20.541
201909 14.101 100.100 15.876
201912 13.755 100.500 15.425
202003 12.200 100.300 13.708
202006 19.525 99.900 22.027
202009 16.460 99.900 18.569
202012 18.655 99.300 21.172
202103 17.272 99.900 19.485
202106 27.915 99.500 31.618
202109 18.245 100.100 20.542
202112 29.125 100.100 32.791
202203 21.475 101.100 23.939
202206 30.856 101.800 34.160
202209 30.731 103.100 33.592
202212 31.920 104.100 34.557
202303 32.490 104.400 35.073
202306 41.580 105.200 44.544
202309 25.740 106.200 27.315
202312 35.880 106.800 37.862
202403 34.720 107.200 36.501
202406 35.890 108.200 37.383
202409 33.410 108.900 34.576
202412 34.340 110.700 34.960
202503 23.520 111.100 23.859
202506 30.190 111.700 30.460
202509 32.170 112.000 32.371
202512 28.110 113.000 28.035
202603 32.440 112.700 32.440

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94.36 mean?
Shoei Co (TSE:7839) has a E10 of 円94.36 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shoei Co and its competitors.
Is Shoei Co's E10 too high?
Shoei Co's current E10 is 円94.36. Overall, Shoei Co has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shoei Co's E10 compare to NKE and DECK?
Shoei Co's E10 of 円94.36 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 Shoei Co and its competitors. Shoei Co's current E10 is 円94.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoei Co stock overvalued right now?
Based on GuruFocus' analysis, Shoei Co (TSE:7839) is currently considered Fairly Valued. The stock's GF Value™ is 円1,976.67, compared to a current price of 円1,841.00 — trading 6.9% below its estimated fair value. The current E10 is 円94.36. Shoei Co's overall GF Score™ is 99/100 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 Shoei Co (TSE:7839), the current E10 is 円94.36 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 Shoei Co (TSE:7839) Overvalued in 2026?

Based on GuruFocus' analysis, Shoei Co stock appears to be undervalued. The current stock price of 円1,841.00 is trading 6.9% below its estimated GF Value™ of 円1,976.67. GuruFocus considers Shoei Co to be Fairly Valued.

Key valuation signals for TSE:7839:

  • E10: 円94.36
  • GF Value™: 円1,976.67 vs. price of 円1,841.00 (6.9% below fair value)
  • GF Score™: 99/100 with 1 warning sign

No single metric tells the full story. See the TSE:7839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shoei Co Business Description

Other Exchanges SHOFF:USA
Address 5-8-5 Ueno, Taito-ku, Tokyo, JPN, 110-0005
Shoei Co Ltd main business is the manufacture and sale of helmets for passengers. The items handled are helmets and related products and are designed for riding on general motorcycles. Geographically the company derives the majority of its revenue from Japan. The company also generates revenue from France, Germany, the United States, china, and other countries.
99GF Score

Get the complete analysis for TSE:7839

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

円1,841.00
Price
円1,976.67
GF Value