Starts Publishing (TSE:7849) E10: 円0.00 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TSE:7849 Starts Publishing Corp TSE:7849
84 GF Score
Price 円3,105.00
GF Value 円2,937.74
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Starts Publishing E10?

Starts Publishing TSE:7849 84 E10 is 円0.00 as of Jun. 2026. GuruFocus rates TSE:7849 with a GF Score™ of 84/100 and a GF Value™ of 円2,937.74 (Fairly Valued). 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.

Starts Publishing's adjusted earnings per share data for the three months ended in Jun. 2026 was 円0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Starts Publishing's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 27.10% 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 Starts Publishing was 27.90% per year. The lowest was 6.00% per year. And the median was 20.35% per year.

As of today (2026-08-29), Starts Publishing's current stock price is 円3105.00. Starts Publishing's E10 for the quarter that ended in Jun. 2026 was 円0.00. Starts Publishing's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Starts Publishing was 41.87. The lowest was 13.92. And the median was 20.26.


Starts Publishing  (TSE:7849) 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.

During the past 13 years, the highest Shiller P/E Ratio of Starts Publishing was 41.87. The lowest was 13.92. And the median was 20.26.


Be Aware

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


Starts Publishing E10 Related Terms


Starts Publishing E10 Historical Data

* Premium members only.

The historical data trend for Starts Publishing'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.

Starts Publishing E10 Chart

Starts Publishing 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 77.36 103.64 144.93 0.00 212.76

Starts Publishing Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 192.64 199.55 212.76 216.38 0.00

TSE:7849 vs NYT, WLY: E10 Comparison

For the Publishing subindustry, Starts Publishing'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.


Starts Publishing Shiller PE Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Starts Publishing's Shiller PE Ratio distribution charts can be found below:

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


TSE:7849
84GF Score
Starts Publishing Corp TSE:7849
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starts Publishing 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, Starts Publishing's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/113.6000*113.6000
=0.000

Current CPI (Jun. 2026) = 113.6000.

Starts Publishing Quarterly Data

per share eps CPI Adj_EPS
201606 9.375 98.100 10.856
201609 17.274 98.000 20.024
201612 21.455 98.400 24.769
201703 35.980 98.100 41.665
201706 5.700 98.500 6.574
201709 3.038 98.800 3.493
201712 26.020 99.400 29.737
201803 27.200 99.200 31.148
201806 20.125 99.200 23.046
201809 20.204 99.900 22.975
201812 30.698 99.700 34.978
201903 19.130 99.700 21.797
201906 33.945 99.800 38.639
201909 26.849 100.100 30.470
201912 28.160 100.500 31.831
202003 6.990 100.300 7.917
202006 -24.255 99.900 -27.581
202009 -3.500 99.900 -3.980
202012 65.932 99.300 75.427
202103 21.075 99.900 23.965
202106 49.420 99.500 56.423
202109 24.310 100.100 27.589
202112 52.725 100.100 59.836
202203 36.540 101.100 41.058
202206 78.134 101.800 87.191
202209 77.029 103.100 84.874
202212 112.360 104.100 122.614
202303 134.660 104.400 146.527
202306 99.278 105.200 107.205
202309 109.032 106.200 116.629
202312 120.070 106.800 127.715
202403 125.730 107.200 133.236
202406 124.927 108.200 131.162
202412 0.000 110.700 0.000
202503 91.090 111.100 93.140
202506 79.660 111.700 81.015
202509 68.650 112.000 69.631
202512 119.300 113.000 119.933
202603 60.000 112.700 60.479
202606 0.000 113.600 0.000

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0.00 mean?
Starts Publishing (TSE:7849) has a E10 of 円0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Starts Publishing and its competitors.
Is Starts Publishing's E10 too high?
Starts Publishing's current E10 is 円0.00. Overall, Starts Publishing has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Starts Publishing's E10 compare to NYT and WLY?
Starts Publishing's E10 of 円0.00 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good E10 depends on the Media - Diversified 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 Starts Publishing and its competitors. Starts Publishing's current E10 is 円0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starts Publishing stock overvalued right now?
Based on GuruFocus' analysis, Starts Publishing (TSE:7849) is currently considered Fairly Valued. The stock's GF Value™ is 円2,937.74, compared to a current price of 円3,105.00 — trading 5.7% above its estimated fair value. The current E10 is 円0.00. Starts Publishing's overall GF Score™ is 84/100 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 Starts Publishing (TSE:7849), the current E10 is 円0.00 as of Jun. 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 Starts Publishing (TSE:7849) Overvalued in 2026?

Based on GuruFocus' analysis, Starts Publishing stock appears to be overvalued. The current stock price of 円3,105.00 is trading 5.7% above its estimated GF Value™ of 円2,937.74. GuruFocus considers Starts Publishing to be Fairly Valued.

Key valuation signals for TSE:7849:

  • E10: 円0.00
  • GF Value™: 円2,937.74 vs. price of 円3,105.00 (5.7% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the TSE:7849 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Starts Publishing Business Description

Address 5-33-14 Nakakasai, Edogawa-ku, Tokyo, JPN, 104-0031
Starts Publishing Corp is engaged in Tokyo marketing domain which include event planning and management and sales to publishing store, and post contents of the domain. Its segments include: Book content business; and Media Solutions Business. It derives maximum revenue from Book content business segment.
84GF Score

Get the complete analysis for TSE:7849

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

円3,105.00
Price
円2,937.74
GF Value