Roland (TSE:7944) E10: 円139.14 (As of Mar. 2026)


TSE:7944 Roland Corp TSE:7944
87 GF Score
Price 円4,265.00
GF Value 円4,224.51
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Roland E10?

Roland TSE:7944 +0.47% 87 E10 is 円139.14 as of Mar. 2026. GuruFocus rates TSE:7944 with a GF Score™ of 87/100 and a GF Value™ of 円4,224.51 (Fairly Valued). The stock has 9 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.

Roland's adjusted earnings per share data for the three months ended in Mar. 2026 was 円54.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円139.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Roland's average E10 Growth Rate was 11.10% 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.

As of today (2026-07-04), Roland's current stock price is 円4265.00. Roland's E10 for the quarter that ended in Mar. 2026 was 円139.14. Roland's Shiller PE Ratio of today is 30.65.

During the past 13 years, the highest Shiller PE Ratio of Roland was 62.11. The lowest was 22.65. And the median was 35.62.


Roland  (TSE:7944) 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.

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

Shiller PE Ratio=Share Price/E10
=4265.00/139.14
=30.65

* 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 Roland was 62.11. The lowest was 22.65. And the median was 35.62.


Be Aware

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


Roland E10 Related Terms


Roland E10 Historical Data

* Premium members only.

The historical data trend for Roland'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.

Roland E10 Chart

Roland Annual Data
Trend Mar12 Mar13 Mar14 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 82.95 118.66 132.29

Roland 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 125.29 134.66 142.53 132.29 139.14

TSE:7944 vs AS, HAS, LTH: E10 Comparison

For the Leisure subindustry, Roland'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.


Roland Shiller PE Ratio vs Travel & Leisure Industry

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

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


TSE:7944
87GF Score
Roland Corp TSE:7944
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Roland 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, Roland'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)
=54.2/112.7000*112.7000
=54.200

Current CPI (Mar. 2026) = 112.7000.

Roland Quarterly Data

per share eps CPI Adj_EPS
201103 5.634 94.600 6.712
201106 32.440 94.600 38.647
201109 -10.890 94.700 -12.960
201112 -10.280 94.300 -12.286
201203 -92.430 95.100 -109.536
201206 1.480 94.400 1.767
201209 -10.890 94.400 -13.001
201212 -104.730 94.100 -125.431
201303 -56.820 94.200 -67.979
201306 9.530 94.600 11.353
201309 24.270 95.400 28.671
201312 33.070 95.600 38.985
201403 -49.212 95.700 -57.954
201406 67.640 98.000 77.786
201912 0.000 100.500 0.000
202003 24.360 100.300 27.372
202006 37.092 99.900 41.845
202009 61.476 99.900 69.353
202012 35.711 99.300 40.530
202103 122.160 99.900 137.812
202106 98.280 99.500 111.318
202109 55.710 100.100 62.722
202112 30.110 100.100 33.900
202203 68.290 101.100 76.125
202206 72.510 101.800 80.274
202209 41.740 103.100 45.627
202212 139.420 104.100 150.938
202303 50.920 104.400 54.968
202306 64.550 105.200 69.152
202309 92.690 106.200 98.363
202312 86.170 106.800 90.930
202403 35.280 107.200 37.090
202406 97.560 108.200 101.617
202409 21.310 108.900 22.054
202412 60.610 110.700 61.705
202503 67.290 111.100 68.259
202506 78.690 111.700 79.394
202509 58.000 112.000 58.363
202512 -122.440 113.000 -122.115
202603 54.200 112.700 54.200

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139.14 mean?
Roland (TSE:7944) has a E10 of 円139.14 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Roland and its competitors.
Is Roland's E10 too high?
Roland's current E10 is 円139.14. Overall, Roland has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Roland's E10 compare to AS and HAS?
Roland's E10 of 円139.14 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 Roland and its competitors. Roland's current E10 is 円139.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Roland stock overvalued right now?
Based on GuruFocus' analysis, Roland (TSE:7944) is currently considered Fairly Valued. The stock's GF Value™ is 円4,224.51, compared to a current price of 円4,265.00 — trading 1% above its estimated fair value. The current E10 is 円139.14. Roland's overall GF Score™ is 87/100 with 9 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 Roland (TSE:7944), the current E10 is 円139.14 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 Roland (TSE:7944) Overvalued in 2026?

Based on GuruFocus' analysis, Roland stock appears to be overvalued. The current stock price of 円4,265.00 is trading 1% above its estimated GF Value™ of 円4,224.51. GuruFocus considers Roland to be Fairly Valued.

Key valuation signals for TSE:7944:

  • E10: 円139.14
  • GF Value™: 円4,224.51 vs. price of 円4,265.00 (1% above fair value)
  • GF Score™: 87/100 with 9 warning signs

No single metric tells the full story. See the TSE:7944 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Roland Business Description

Address 1-6-4 Shintoda, Hamana-ku, Shizuoka Prefecture, Hamamatsu, JPN, 431-2103
Roland Corporation is engaged in the development, manufacturing, and sales of electronic musical instruments, electronic equipment, and their software. The company's offerings include pianos, synthesizers, keyboards, guitars and Bass, Drums and Percussion, and Wind Instruments.
87GF Score

Get the complete analysis for TSE:7944

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

円4,265.00
Price
円4,224.51
GF Value