Nagase (TSE:8012) E10: 円52.43 (As of Jun. 2026)

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TSE:8012 Nagase & Co Ltd TSE:8012
79 GF Score
Price 円1,225.50
GF Value 円924.00
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Nagase E10?

Nagase TSE:8012 +1.91% 79 E10 is 円52.43 as of Jun. 2026. GuruFocus rates TSE:8012 with a GF Score™ of 79/100 and a GF Value™ of 円924.00 (Significantly Overvalued). The stock has 5 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.

Nagase's adjusted earnings per share data for the three months ended in Jun. 2026 was 円35.930. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円52.43 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Nagase's average E10 Growth Rate was 18.00% per year. During the past 3 years, the average E10 Growth Rate was 11.60% per year. During the past 5 years, the average E10 Growth Rate was 11.20% 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 Nagase was 11.60% per year. The lowest was 7.80% per year. And the median was 9.00% per year.

As of today (2026-08-20), Nagase's current stock price is 円1225.50. Nagase's E10 for the quarter that ended in Jun. 2026 was 円52.43. Nagase's Shiller PE Ratio of today is 23.37.

During the past 13 years, the highest Shiller PE Ratio of Nagase was 25.95. The lowest was 9.95. And the median was 16.11.


Nagase  (TSE:8012) 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.

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

Shiller PE Ratio=Share Price/E10
=1225.50/52.43
=23.37

* 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 Nagase was 25.95. The lowest was 9.95. And the median was 16.11.


Be Aware

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


Nagase E10 Related Terms


Nagase E10 Historical Data

* Premium members only.

The historical data trend for Nagase'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.

Nagase E10 Chart

Nagase 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 32.20 35.22 38.48 43.21 48.96

Nagase Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 44.42 45.64 47.72 48.96 52.43

TSE:8012 vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Nagase'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.


Nagase Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nagase's Shiller PE Ratio distribution charts can be found below:

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


TSE:8012
79GF Score
Nagase & Co Ltd TSE:8012
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nagase 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, Nagase's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=35.93/113.6000*113.6000
=35.930

Current CPI (Jun. 2026) = 113.6000.

Nagase Quarterly Data

per share eps CPI Adj_EPS
201609 4.798 98.000 5.562
201612 8.224 98.400 9.494
201703 2.930 98.100 3.393
201706 6.905 98.500 7.964
201709 10.460 98.800 12.027
201712 11.650 99.400 13.314
201803 5.067 99.200 5.803
201806 10.973 99.200 12.566
201809 9.635 99.900 10.956
201812 11.544 99.700 13.153
201903 8.130 99.700 9.263
201906 8.378 99.800 9.536
201909 6.586 100.100 7.474
201912 9.325 100.500 10.540
202003 6.239 100.300 7.066
202006 13.725 99.900 15.607
202009 6.813 99.900 7.747
202012 12.840 99.300 14.689
202103 4.600 99.900 5.231
202106 14.593 99.500 16.661
202109 15.300 100.100 17.363
202112 15.708 100.100 17.826
202203 7.725 101.100 8.680
202206 16.673 101.800 18.606
202209 16.065 103.100 17.701
202212 9.443 104.100 10.305
202303 7.659 104.400 8.334
202306 9.363 105.200 10.111
202309 12.758 106.200 13.647
202312 16.928 106.800 18.006
202403 9.671 107.200 10.248
202406 16.454 108.200 17.275
202409 19.066 108.900 19.889
202412 13.178 110.700 13.523
202503 8.903 111.100 9.103
202506 17.405 111.700 17.701
202509 17.950 112.000 18.206
202512 23.650 113.000 23.776
202603 19.885 112.700 20.044
202606 35.930 113.600 35.930

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52.43 mean?
Nagase (TSE:8012) has a E10 of 円52.43 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nagase and its competitors.
Is Nagase's E10 too high?
Nagase's current E10 is 円52.43. Overall, Nagase has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nagase's E10 compare to LIN and SHW?
Nagase's E10 of 円52.43 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Nagase and its competitors. Nagase's current E10 is 円52.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nagase stock overvalued right now?
Based on GuruFocus' analysis, Nagase (TSE:8012) is currently considered Significantly Overvalued. The stock's GF Value™ is 円924.00, compared to a current price of 円1,225.50 — trading 32.6% above its estimated fair value. The current E10 is 円52.43. Nagase's overall GF Score™ is 79/100 with 5 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 Nagase (TSE:8012), the current E10 is 円52.43 as of Jun. 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 Nagase (TSE:8012) Overvalued in 2026?

Based on GuruFocus' analysis, Nagase stock appears to be overvalued. The current stock price of 円1,225.50 is trading 32.6% above its estimated GF Value™ of 円924.00. GuruFocus considers Nagase to be Significantly Overvalued.

Key valuation signals for TSE:8012:

  • E10: 円52.43
  • GF Value™: 円924.00 vs. price of 円1,225.50 (32.6% above fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the TSE:8012 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nagase Business Description

Other Exchanges NGSCF:USAP22:Germany
Address 1-1-17 Shinmachi, Nishi-ku, Osaka, JPN, 550-8668
Nagase & Co Ltd is a Japan-based trading company focused on chemicals and related products. The company operates through five segments. The Electronics and Energy segment covers semiconductors, components, AR/VR, renewable energy, and displays. The Functional Material segment handles paints, inks, resins, chemicals, films, and sanitary materials. The Life Related segment offers pharmaceuticals, agrochemicals, food ingredients, cosmetics, reagents, and medical devices. The Mobility segment provides materials and products for batteries, electrification, in-vehicle electronics, and autonomous driving. The Processing Material segment deals with plastics, resins, molding machines, and molds, while Others includes information processing and functional services.
79GF Score

Get the complete analysis for TSE:8012

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

円1,225.50
Price
円924.00
GF Value