Shigematsu Works Co (TSE:7980) E10: 円64.67 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:7980 Shigematsu Works Co Ltd TSE:7980
82 GF Score
Price 円848.00
GF Value 円967.88
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shigematsu Works Co E10?

Shigematsu Works Co TSE:7980 +0.95% 82 E10 is 円64.67 as of Mar. 2026. GuruFocus rates TSE:7980 with a GF Score™ of 82/100 and a GF Value™ of 円967.88 (Modestly Undervalued). The stock has 3 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.

Shigematsu Works Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円68.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円64.67 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 12.20% 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 Shigematsu Works Co was 12.20% per year. The lowest was -5.80% per year. And the median was 2.20% per year.

As of today (2026-08-23), Shigematsu Works Co's current stock price is 円848.00. Shigematsu Works Co's E10 for the quarter that ended in Mar. 2026 was 円64.67. Shigematsu Works Co's Shiller PE Ratio of today is 13.11.

During the past 13 years, the highest Shiller PE Ratio of Shigematsu Works Co was 66.06. The lowest was 12.20. And the median was 17.76.


Shigematsu Works Co  (TSE:7980) 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.

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

Shiller PE Ratio=Share Price/E10
=848.00/64.67
=13.11

* 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 Shigematsu Works Co was 66.06. The lowest was 12.20. And the median was 17.76.


Be Aware

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


Shigematsu Works Co E10 Related Terms


Shigematsu Works Co E10 Historical Data

* Premium members only.

The historical data trend for Shigematsu Works 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.

Shigematsu Works Co E10 Chart

Shigematsu Works 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 34.92 45.83 54.06 0.00 64.67

Shigematsu Works Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 59.23 55.45 58.75 64.67 0.00

TSE:7980 vs ISRG, BDX, MDLN: E10 Comparison

For the Medical Instruments & Supplies subindustry, Shigematsu Works 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.


Shigematsu Works Co Shiller PE Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shigematsu Works Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:7980
82GF Score
Shigematsu Works Co Ltd TSE:7980
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shigematsu Works 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, Shigematsu Works 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)
=68.39/112.7000*112.7000
=68.390

Current CPI (Mar. 2026) = 112.7000.

Shigematsu Works Co Quarterly Data

per share eps CPI Adj_EPS
201512 12.730 98.100 14.625
201603 19.220 97.900 22.126
201606 -7.100 98.100 -8.157
201609 -2.534 98.000 -2.914
201612 -8.190 98.400 -9.380
201703 31.560 98.100 36.257
201706 -3.300 98.500 -3.776
201709 -8.030 98.800 -9.160
201712 -4.007 99.400 -4.543
201803 29.870 99.200 33.935
201806 -13.590 99.200 -15.439
201809 -6.434 99.900 -7.258
201812 -4.760 99.700 -5.381
201903 31.355 99.700 35.443
201906 -8.030 99.800 -9.068
201909 3.435 100.100 3.867
201912 -6.170 100.500 -6.919
202003 48.148 100.300 54.100
202006 31.250 99.900 35.254
202009 10.395 99.900 11.727
202012 18.570 99.300 21.076
202103 31.329 99.900 35.343
202106 8.220 99.500 9.310
202109 18.449 100.100 20.771
202112 19.730 100.100 22.213
202203 36.440 101.100 40.621
202206 15.110 101.800 16.728
202209 28.370 103.100 31.012
202212 31.804 104.100 34.431
202303 29.930 104.400 32.309
202306 6.780 105.200 7.263
202309 7.853 106.200 8.334
202312 12.550 106.800 13.243
202403 54.940 107.200 57.759
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 1.940 111.700 1.957
202509 -3.880 112.000 -3.904
202512 32.290 113.000 32.204
202603 68.390 112.700 68.390

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64.67 mean?
Shigematsu Works Co (TSE:7980) has a E10 of 円64.67 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shigematsu Works Co and its competitors.
Is Shigematsu Works Co's E10 too high?
Shigematsu Works Co's current E10 is 円64.67. Overall, Shigematsu Works Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shigematsu Works Co's E10 compare to ISRG and BDX?
Shigematsu Works Co's E10 of 円64.67 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good E10 depends on the Medical Devices & Instruments 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 Shigematsu Works Co and its competitors. Shigematsu Works Co's current E10 is 円64.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shigematsu Works Co stock overvalued right now?
Based on GuruFocus' analysis, Shigematsu Works Co (TSE:7980) is currently considered Modestly Undervalued. The stock's GF Value™ is 円967.88, compared to a current price of 円848.00 — trading 12.4% below its estimated fair value. The current E10 is 円64.67. Shigematsu Works Co's overall GF Score™ is 82/100 with 3 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 Shigematsu Works Co (TSE:7980), the current E10 is 円64.67 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 Shigematsu Works Co (TSE:7980) Overvalued in 2026?

Based on GuruFocus' analysis, Shigematsu Works Co stock appears to be undervalued. The current stock price of 円848.00 is trading 12.4% below its estimated GF Value™ of 円967.88. GuruFocus considers Shigematsu Works Co to be Modestly Undervalued.

Key valuation signals for TSE:7980:

  • E10: 円64.67
  • GF Value™: 円967.88 vs. price of 円848.00 (12.4% below fair value)
  • GF Score™: 82/100 with 3 warning signs

No single metric tells the full story. See the TSE:7980 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shigematsu Works Co Business Description

Address 1-26-1, Nishigahara, Kita-ku, Tokyo, JPN, 114 0024
Shigematsu Works Co Ltd is a Japan based company engaged in the safety business. It manufactures personal and respiratory protective devices related to fire and industrial safety, equipment for air purifying, emergency and rescue operations. The company offers products such as gas respirators, chemical cartridge respirators, particulate respirators, self-contained breathing apparatus, powered air-purifying respirators, supplied-air respirators, eye protector, face shields, earmuffs, safety belts, protective clothing, protective gloves, stretchers, oxygen meters and other related products. The products offered by the organization has application in various industries including textile, chemical, automobile, fishery, mining, warehouse and others.
82GF Score

Get the complete analysis for TSE:7980

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

円848.00
Price
円967.88
GF Value