Marvelous (TSE:7844) E10: 円50.91 (As of Mar. 2026)


TSE:7844 Marvelous Inc TSE:7844
72 GF Score
Price 円426.00
GF Value 円744.89
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Marvelous E10?

Marvelous TSE:7844 +0.71% 72 E10 is 円50.91 as of Mar. 2026. GuruFocus rates TSE:7844 with a GF Score™ of 72/100 and a GF Value™ of 円744.89 (Significantly Undervalued). The stock has 2 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.

Marvelous's adjusted earnings per share data for the three months ended in Mar. 2026 was 円7.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円50.91 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -3.80% 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 Marvelous was 64.10% per year. The lowest was -3.80% per year. And the median was 3.30% per year.

As of today (2026-06-29), Marvelous's current stock price is 円426.00. Marvelous's E10 for the quarter that ended in Mar. 2026 was 円50.91. Marvelous's Shiller PE Ratio of today is 8.37.

During the past 13 years, the highest Shiller PE Ratio of Marvelous was 108.42. The lowest was 8.31. And the median was 12.50.


Marvelous  (TSE:7844) 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.

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

Shiller PE Ratio=Share Price/E10
=426.00/50.91
=8.37

* 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 Marvelous was 108.42. The lowest was 8.31. And the median was 12.50.


Be Aware

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


Marvelous E10 Related Terms


Marvelous E10 Historical Data

* Premium members only.

The historical data trend for Marvelous'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.

Marvelous E10 Chart

Marvelous 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 56.06 57.15 53.89 0.00 50.91

Marvelous Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 53.16 51.26 52.01 50.91

TSE:7844 vs NTES, EA, TTWO: E10 Comparison

For the Electronic Gaming & Multimedia subindustry, Marvelous'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.


Marvelous Shiller PE Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Marvelous's Shiller PE Ratio distribution charts can be found below:

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


TSE:7844
72GF Score
Marvelous Inc TSE:7844
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marvelous 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, Marvelous'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)
=7.37/112.7000*112.7000
=7.370

Current CPI (Mar. 2026) = 112.7000.

Marvelous Quarterly Data

per share eps CPI Adj_EPS
201603 17.620 97.900 20.284
201606 5.860 98.100 6.732
201609 9.590 98.000 11.029
201612 39.070 98.400 44.748
201703 26.005 98.100 29.875
201706 10.220 98.500 11.693
201709 13.689 98.800 15.615
201712 15.250 99.400 17.290
201803 28.770 99.200 32.685
201806 8.510 99.200 9.668
201809 29.021 99.900 32.739
201812 17.420 99.700 19.691
201903 9.840 99.700 11.123
201906 6.640 99.800 7.498
201909 7.734 100.100 8.708
201912 11.460 100.500 12.851
202003 8.910 100.300 10.012
202006 11.060 99.900 12.477
202009 9.290 99.900 10.480
202012 19.616 99.300 22.263
202103 15.258 99.900 17.213
202106 17.800 99.500 20.161
202109 16.640 100.100 18.735
202112 14.210 100.100 15.999
202203 14.572 101.100 16.244
202206 12.450 101.800 13.783
202209 14.953 103.100 16.345
202212 12.480 104.100 13.511
202303 -8.040 104.400 -8.679
202306 10.080 105.200 10.799
202309 8.270 106.200 8.776
202312 1.057 106.800 1.115
202403 -27.960 107.200 -29.395
202406 3.280 108.200 3.416
202409 -1.980 108.900 -2.049
202503 0.000 111.100 0.000
202506 1.860 111.700 1.877
202509 1.180 112.000 1.187
202512 22.520 113.000 22.460
202603 7.370 112.700 7.370

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50.91 mean?
Marvelous (TSE:7844) has a E10 of 円50.91 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Marvelous and its competitors.
Is Marvelous' E10 too high?
Marvelous' current E10 is 円50.91. Overall, Marvelous has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marvelous' E10 compare to NTES and EA?
Marvelous' E10 of 円50.91 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good E10 depends on the Interactive Media 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 Marvelous and its competitors. Marvelous's current E10 is 円50.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marvelous stock overvalued right now?
Based on GuruFocus' analysis, Marvelous (TSE:7844) is currently considered Significantly Undervalued. The stock's GF Value™ is 円744.89, compared to a current price of 円426.00 — trading 42.8% below its estimated fair value. The current E10 is 円50.91. Marvelous' overall GF Score™ is 72/100 with 2 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 Marvelous (TSE:7844), the current E10 is 円50.91 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 Marvelous (TSE:7844) Overvalued in 2026?

Based on GuruFocus' analysis, Marvelous stock appears to be undervalued. The current stock price of 円426.00 is trading 42.8% below its estimated GF Value™ of 円744.89. GuruFocus considers Marvelous to be Significantly Undervalued.

Key valuation signals for TSE:7844:

  • E10: 円50.91
  • GF Value™: 円744.89 vs. price of 円426.00 (42.8% below fair value)
  • GF Score™: 72/100 with 2 warning signs

No single metric tells the full story. See the TSE:7844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marvelous Business Description

Address 4-12-8 Higashi-Shinagawa, 5 Floor, Shinagawa Seaside East Tower, Shinagawa-ku, Tokyo, JPN, 140-0002
Marvelous Inc is a Japanese technology company that engages in planning, developing, and selling online games, consumer game software, and audio-visual content. The company's segments include online business, which develops and operates online games and applications, focusing on social games for social networking sites; consumer business, which develops and sells home game software and commercial equipment for amusement facilities; and music video business, which produces and operates music and video contents with a focus on animation.
72GF Score

Get the complete analysis for TSE:7844

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

円426.00
Price
円744.89
GF Value