Yonex Co (TSE:7906) E10: 円66.48 (As of Mar. 2026)


TSE:7906 Yonex Co Ltd TSE:7906
89 GF Score
Price 円2,297.00
GF Value 円2,844.70
Valuation Modestly Undervalued
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What is Yonex Co E10?

Yonex Co TSE:7906 -0.30% 89 E10 is 円66.48 as of Mar. 2026. GuruFocus rates TSE:7906 with a GF Score™ of 89/100 and a GF Value™ of 円2,844.70 (Modestly Undervalued).

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.

Yonex Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円29.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円66.48 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Yonex Co's average E10 Growth Rate was 22.10% per year. During the past 3 years, the average E10 Growth Rate was 26.40% per year. During the past 5 years, the average E10 Growth Rate was 29.70% 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 Yonex Co was 32.50% per year. The lowest was 5.20% per year. And the median was 24.35% per year.

As of today (2026-06-28), Yonex Co's current stock price is 円2297.00. Yonex Co's E10 for the quarter that ended in Mar. 2026 was 円66.48. Yonex Co's Shiller PE Ratio of today is 34.55.

During the past 13 years, the highest Shiller PE Ratio of Yonex Co was 73.95. The lowest was 20.94. And the median was 40.11.


Yonex Co  (TSE:7906) 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.

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

Shiller PE Ratio=Share Price/E10
=2297.00/66.48
=34.55

* 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 Yonex Co was 73.95. The lowest was 20.94. And the median was 40.11.


Be Aware

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


Yonex Co E10 Related Terms


Yonex Co E10 Historical Data

* Premium members only.

The historical data trend for Yonex 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.

Yonex Co E10 Chart

Yonex Co 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 24.50 32.94 42.63 54.43 66.48

Yonex 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 54.43 59.23 60.93 64.51 66.48

TSE:7906 vs AS, HAS, LTH: E10 Comparison

For the Leisure subindustry, Yonex 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.


Yonex Co Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yonex Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:7906
89GF Score
Yonex Co Ltd TSE:7906
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yonex 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, Yonex 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)
=29.01/112.7000*112.7000
=29.010

Current CPI (Mar. 2026) = 112.7000.

Yonex Co Quarterly Data

per share eps CPI Adj_EPS
201606 6.820 98.100 7.835
201609 9.760 98.000 11.224
201612 3.130 98.400 3.585
201703 15.010 98.100 17.244
201706 6.280 98.500 7.185
201709 8.700 98.800 9.924
201712 -2.970 99.400 -3.367
201803 9.270 99.200 10.532
201806 6.940 99.200 7.884
201809 9.360 99.900 10.559
201812 -3.460 99.700 -3.911
201903 6.840 99.700 7.732
201906 0.550 99.800 0.621
201909 12.820 100.100 14.434
201912 -1.240 100.500 -1.391
202003 6.759 100.300 7.595
202006 -14.610 99.900 -16.482
202009 13.770 99.900 15.534
202012 4.149 99.300 4.709
202103 9.275 99.900 10.463
202106 10.820 99.500 12.255
202109 27.370 100.100 30.815
202112 19.890 100.100 22.394
202203 8.011 101.100 8.930
202206 34.680 101.800 38.393
202209 29.430 103.100 32.170
202212 12.714 104.100 13.764
202303 7.206 104.400 7.779
202306 27.820 105.200 29.803
202309 22.597 106.200 23.980
202312 21.763 106.800 22.965
202403 29.819 107.200 31.349
202406 32.330 108.200 33.675
202409 30.350 108.900 31.409
202412 44.460 110.700 45.263
202503 15.820 111.100 16.048
202506 49.600 111.700 50.044
202509 24.950 112.000 25.106
202512 37.860 113.000 37.759
202603 29.010 112.700 29.010

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66.48 mean?
Yonex Co (TSE:7906) has a E10 of 円66.48 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Yonex Co and its competitors.
Is Yonex Co's E10 too high?
Yonex Co's current E10 is 円66.48. Overall, Yonex Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Yonex Co's E10 compare to AS and HAS?
Yonex Co's E10 of 円66.48 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 Yonex Co and its competitors. Yonex Co's current E10 is 円66.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yonex Co stock overvalued right now?
Based on GuruFocus' analysis, Yonex Co (TSE:7906) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,844.70, compared to a current price of 円2,297.00 — trading 19.3% below its estimated fair value. The current E10 is 円66.48. Yonex Co's overall GF Score™ is 89/100. 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 Yonex Co (TSE:7906), the current E10 is 円66.48 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 Yonex Co (TSE:7906) Overvalued in 2026?

Based on GuruFocus' analysis, Yonex Co stock appears to be undervalued. The current stock price of 円2,297.00 is trading 19.3% below its estimated GF Value™ of 円2,844.70. GuruFocus considers Yonex Co to be Modestly Undervalued.

Key valuation signals for TSE:7906:

  • E10: 円66.48
  • GF Value™: 円2,844.70 vs. price of 円2,297.00 (19.3% below fair value)
  • GF Score™: 89/100

No single metric tells the full story. See the TSE:7906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yonex Co Business Description

Address 3-23-13 Yushima, Bunkyo-ku, Tokyo, JPN, 113-8543
Yonex Co Ltd is a Japan based company engaged in manufacture and sale of sporting goods and golf course management. It produces Badminton Equipment, Tennis, Soft Tennis Equipment, and Golf Equipment. The Badminton Equipment includes Racquets, shuttlecocks, strings, apparel, shoes, bags, etc.; The Tennis, Soft Tennis Equipment includes Racquets, strings, apparel, shoes, bags, balls, etc. and Golf Equipment includes Woods, irons, putters, shafts, apparel, shoes, bags, accessories, etc. It has four geographical segments Japan, North America, Europe, and Asia.
89GF Score

Get the complete analysis for TSE:7906

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

円2,297.00
Price
円2,844.70
GF Value