Tachikawa (TSE:7989) E10: 円150.24 (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.
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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:7989 Tachikawa Corp TSE:7989
65 GF Score
Price 円2,536.00
GF Value 円715.44
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Tachikawa E10?

Tachikawa TSE:7989 +0.63% 65 E10 is 円150.24 as of Mar. 2026. GuruFocus rates TSE:7989 with a GF Score™ of 65/100 and a GF Value™ of 円715.44 (Significantly Overvalued). The stock has 8 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.

Tachikawa's adjusted earnings per share data for the three months ended in Mar. 2026 was 円52.940. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円150.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Tachikawa's average E10 Growth Rate was 7.30% 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 Tachikawa was 14.70% per year. The lowest was 12.70% per year. And the median was 14.40% per year.

As of today (2026-07-15), Tachikawa's current stock price is 円2536.00. Tachikawa's E10 for the quarter that ended in Mar. 2026 was 円150.24. Tachikawa's Shiller PE Ratio of today is 16.88.

During the past 13 years, the highest Shiller PE Ratio of Tachikawa was 20.19. The lowest was 9.51. And the median was 12.69.


Tachikawa  (TSE:7989) 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.

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

Shiller PE Ratio=Share Price/E10
=2536.00/150.24
=16.88

* 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 Tachikawa was 20.19. The lowest was 9.51. And the median was 12.69.


Be Aware

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


Tachikawa E10 Related Terms


Tachikawa E10 Historical Data

* Premium members only.

The historical data trend for Tachikawa'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.

Tachikawa E10 Chart

Tachikawa 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 98.12 111.48 123.17 0.00 0.00

Tachikawa Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 139.97 141.44 0.00 0.00 150.24

TSE:7989 vs SN, SGI, MHK: E10 Comparison

For the Furnishings, Fixtures & Appliances subindustry, Tachikawa'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.


Tachikawa Shiller PE Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Tachikawa's Shiller PE Ratio distribution charts can be found below:

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


TSE:7989
65GF Score
Tachikawa Corp TSE:7989
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tachikawa 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, Tachikawa'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)
=52.94/112.7000*112.7000
=52.940

Current CPI (Mar. 2026) = 112.7000.

Tachikawa Quarterly Data

per share eps CPI Adj_EPS
201603 30.840 97.900 35.502
201606 16.440 98.100 18.887
201609 24.160 98.000 27.784
201612 18.060 98.400 20.685
201703 41.000 98.100 47.102
201706 26.329 98.500 30.125
201709 25.976 98.800 29.631
201712 23.920 99.400 27.121
201803 42.070 99.200 47.795
201806 15.567 99.200 17.685
201809 21.039 99.900 23.735
201812 40.570 99.700 45.860
201903 45.180 99.700 51.071
201906 29.027 99.800 32.779
201909 38.970 100.100 43.875
201912 28.777 100.500 32.270
202003 48.270 100.300 54.238
202006 34.179 99.900 38.558
202009 36.240 99.900 40.883
202012 30.350 99.300 34.446
202103 55.690 99.900 62.825
202106 25.485 99.500 28.866
202109 22.860 100.100 25.737
202112 43.360 100.100 48.818
202203 55.000 101.100 61.311
202206 24.730 101.800 27.378
202209 23.345 103.100 25.519
202212 26.660 104.100 28.862
202303 55.510 104.400 59.923
202306 22.293 105.200 23.882
202309 22.480 106.200 23.856
202312 42.840 106.800 45.207
202403 50.910 107.200 53.522
202406 32.366 108.200 33.712
202412 0.000 110.700 0.000
202503 52.870 111.100 53.631
202506 33.430 111.700 33.729
202509 0.000 112.000 0.000
202512 0.000 113.000 0.000
202603 52.940 112.700 52.940

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150.24 mean?
Tachikawa (TSE:7989) has a E10 of 円150.24 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tachikawa and its competitors.
Is Tachikawa's E10 too high?
Tachikawa's current E10 is 円150.24. Overall, Tachikawa has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tachikawa's E10 compare to SN and SGI?
Tachikawa's E10 of 円150.24 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good E10 depends on the Furnishings, Fixtures & Appliances 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 Tachikawa and its competitors. Tachikawa's current E10 is 円150.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tachikawa stock overvalued right now?
Based on GuruFocus' analysis, Tachikawa (TSE:7989) is currently considered Significantly Overvalued. The stock's GF Value™ is 円715.44, compared to a current price of 円2,536.00 — trading 254.5% above its estimated fair value. The current E10 is 円150.24. Tachikawa's overall GF Score™ is 65/100 with 8 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 Tachikawa (TSE:7989), the current E10 is 円150.24 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 Tachikawa (TSE:7989) Overvalued in 2026?

Based on GuruFocus' analysis, Tachikawa stock appears to be overvalued. The current stock price of 円2,536.00 is trading 254.5% above its estimated GF Value™ of 円715.44. GuruFocus considers Tachikawa to be Significantly Overvalued.

Key valuation signals for TSE:7989:

  • E10: 円150.24
  • GF Value™: 円715.44 vs. price of 円2,536.00 (254.5% above fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the TSE:7989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tachikawa Business Description

Address 1-12, Mita 3-Chome, Minato-ku, Tokyo, JPN, 108-8334
Tachikawa Corp manufactures and sells window covering products and room partitions. The company also manufactures vertical blinds, roller blinds, Roman shades, pleated shades, curtain rails, and other window coverings and interior finishes. Its product line is used for residential items, offices, and public facilities.
65GF Score

Get the complete analysis for TSE:7989

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

円2,536.00
Price
円715.44
GF Value