Mirai Industry Co (TSE:7931) E10: 円200.73 (As of Mar. 2026)

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TSE:7931 Mirai Industry Co Ltd TSE:7931
86 GF Score
Price 円3,630.00
GF Value 円3,922.23
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Mirai Industry Co E10?

Mirai Industry Co TSE:7931 +1.68% 86 E10 is 円200.73 as of Mar. 2026. GuruFocus rates TSE:7931 with a GF Score™ of 86/100 and a GF Value™ of 円3,922.23 (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.

Mirai Industry Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円54.720. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円200.73 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 11.60% 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 Mirai Industry Co was 11.60% per year. The lowest was 7.50% per year. And the median was 9.25% per year.

As of today (2026-08-21), Mirai Industry Co's current stock price is 円3630.00. Mirai Industry Co's E10 for the quarter that ended in Mar. 2026 was 円200.73. Mirai Industry Co's Shiller PE Ratio of today is 18.08.

During the past 13 years, the highest Shiller PE Ratio of Mirai Industry Co was 33.73. The lowest was 10.05. And the median was 17.10.


Mirai Industry Co  (TSE:7931) 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.

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

Shiller PE Ratio=Share Price/E10
=3630.00/200.73
=18.08

* 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 Mirai Industry Co was 33.73. The lowest was 10.05. And the median was 17.10.


Be Aware

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


Mirai Industry Co E10 Related Terms


Mirai Industry Co E10 Historical Data

* Premium members only.

The historical data trend for Mirai Industry 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.

Mirai Industry Co E10 Chart

Mirai Industry 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 133.64 144.27 163.83 0.00 200.73

Mirai Industry Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 184.77 190.96 199.69 200.73 0.00

TSE:7931 vs VRT, BE: E10 Comparison

For the Electrical Equipment & Parts subindustry, Mirai Industry 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.


Mirai Industry Co Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mirai Industry Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:7931
86GF Score
Mirai Industry Co Ltd TSE:7931
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mirai Industry 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, Mirai Industry 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)
=54.72/112.7000*112.7000
=54.720

Current CPI (Mar. 2026) = 112.7000.

Mirai Industry Co Quarterly Data

per share eps CPI Adj_EPS
201603 25.710 97.900 29.597
201606 11.570 98.100 13.292
201609 32.000 98.000 36.800
201612 42.864 98.400 49.093
201703 11.690 98.100 13.430
201706 26.490 98.500 30.309
201709 34.870 98.800 39.776
201712 43.007 99.400 48.761
201803 22.107 99.200 25.116
201806 20.920 99.200 23.767
201809 80.699 99.900 91.039
201812 45.110 99.700 50.992
201903 30.900 99.700 34.929
201906 28.790 99.800 32.511
201909 42.880 100.100 48.277
201912 54.810 100.500 61.464
202003 30.695 100.300 34.490
202006 24.200 99.900 27.301
202009 34.480 99.900 38.898
202012 58.768 99.300 66.698
202103 47.130 99.900 53.169
202106 32.920 99.500 37.287
202109 41.800 100.100 47.062
202112 54.650 100.100 61.529
202203 17.915 101.100 19.971
202206 30.430 101.800 33.688
202209 41.740 103.100 45.627
202212 57.860 104.100 62.640
202303 29.370 104.400 31.705
202306 60.550 105.200 64.867
202309 70.271 106.200 74.572
202312 102.840 106.800 108.521
202403 70.482 107.200 74.098
202406 69.920 108.200 72.828
202409 78.796 108.900 81.546
202503 0.000 111.100 0.000
202506 63.980 111.700 64.553
202509 71.970 112.000 72.420
202512 100.060 113.000 99.794
202603 54.720 112.700 54.720

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200.73 mean?
Mirai Industry Co (TSE:7931) has a E10 of 円200.73 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mirai Industry Co and its competitors.
Is Mirai Industry Co's E10 too high?
Mirai Industry Co's current E10 is 円200.73. Overall, Mirai Industry Co has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mirai Industry Co's E10 compare to VRT and BE?
Mirai Industry Co's E10 of 円200.73 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Mirai Industry Co and its competitors. Mirai Industry Co's current E10 is 円200.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirai Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Mirai Industry Co (TSE:7931) is currently considered Fairly Valued. The stock's GF Value™ is 円3,922.23, compared to a current price of 円3,630.00 — trading 7.5% below its estimated fair value. The current E10 is 円200.73. Mirai Industry Co's overall GF Score™ is 86/100 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 Mirai Industry Co (TSE:7931), the current E10 is 円200.73 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 Mirai Industry Co (TSE:7931) Overvalued in 2026?

Based on GuruFocus' analysis, Mirai Industry Co stock appears to be undervalued. The current stock price of 円3,630.00 is trading 7.5% below its estimated GF Value™ of 円3,922.23. GuruFocus considers Mirai Industry Co to be Fairly Valued.

Key valuation signals for TSE:7931:

  • E10: 円200.73
  • GF Value™: 円3,922.23 vs. price of 円3,630.00 (7.5% below fair value)
  • GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the TSE:7931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mirai Industry Co Business Description

Address 1695-1 Niremata, Wanouchi-cho, Anpachi-gun, Gifu, JPN, 503-0201
Mirai Industry Co Ltd is engaged in the Manufacture and sale of electrical equipment materials, water supply and drainage equipment materials, and gas equipment materials. The segments of the company are the Electrical and Piping Materials business and the Wiring Device business.
86GF Score

Get the complete analysis for TSE:7931

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

円3,630.00
Price
円3,922.23
GF Value