Tokyongyo Co (TSE:8070) E10: 円27.56 (As of Mar. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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:8070 Tokyo Sangyo Co Ltd TSE:8070
52 GF Score
Price 円946.00
GF Value 円738.90
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tokyongyo Co E10?

Tokyongyo Co TSE:8070 +0.85% 52 E10 is 円27.56 as of Mar. 2026. GuruFocus rates TSE:8070 with a GF Score™ of 52/100 and a GF Value™ of 円738.90 (Modestly Overvalued). 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.

Tokyongyo Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円-20.832. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円27.56 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -5.70% 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 Tokyongyo Co was 13.70% per year. The lowest was -22.40% per year. And the median was -5.70% per year.

As of today (2026-08-26), Tokyongyo Co's current stock price is 円946.00. Tokyongyo Co's E10 for the quarter that ended in Mar. 2026 was 円27.56. Tokyongyo Co's Shiller PE Ratio of today is 34.33.

During the past 13 years, the highest Shiller PE Ratio of Tokyongyo Co was 57.02. The lowest was 9.40. And the median was 14.25.


Tokyongyo Co  (TSE:8070) 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.

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

Shiller PE Ratio=Share Price/E10
=946.00/27.56
=34.33

* 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 Tokyongyo Co was 57.02. The lowest was 9.40. And the median was 14.25.


Be Aware

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


Tokyongyo Co E10 Related Terms


Tokyongyo Co E10 Historical Data

* Premium members only.

The historical data trend for Tokyongyo 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.

Tokyongyo Co E10 Chart

Tokyongyo 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 53.29 32.89 23.90 0.00 27.56

Tokyongyo 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 24.70 23.77 31.58 27.56 0.00

TSE:8070 vs MMM, HON: E10 Comparison

For the Conglomerates subindustry, Tokyongyo 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.


Tokyongyo Co Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Tokyongyo Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:8070
52GF Score
Tokyo Sangyo Co Ltd TSE:8070
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyongyo 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, Tokyongyo 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)
=-20.832/112.7000*112.7000
=-20.832

Current CPI (Mar. 2026) = 112.7000.

Tokyongyo Co Quarterly Data

per share eps CPI Adj_EPS
201512 8.152 98.100 9.365
201603 15.040 97.900 17.314
201606 3.580 98.100 4.113
201609 16.014 98.000 18.416
201612 7.709 98.400 8.829
201703 15.230 98.100 17.497
201706 9.780 98.500 11.190
201709 10.080 98.800 11.498
201712 16.497 99.400 18.704
201803 24.224 99.200 27.521
201806 27.560 99.200 31.311
201809 11.820 99.900 13.334
201812 16.000 99.700 18.086
201903 9.280 99.700 10.490
201906 21.730 99.800 24.539
201909 15.830 100.100 17.823
201912 16.080 100.500 18.032
202003 27.302 100.300 30.677
202006 11.710 99.900 13.210
202009 13.110 99.900 14.790
202012 48.930 99.300 55.533
202103 -5.990 99.900 -6.757
202106 11.360 99.500 12.867
202109 16.275 100.100 18.324
202112 5.429 100.100 6.112
202203 12.360 101.100 13.778
202206 25.400 101.800 28.120
202209 24.640 103.100 26.934
202212 8.630 104.100 9.343
202303 -249.890 104.400 -269.757
202306 24.870 105.200 26.643
202309 -141.450 106.200 -150.107
202312 -40.360 106.800 -42.590
202403 95.610 107.200 100.515
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 23.500 111.700 23.710
202509 -0.110 112.000 -0.111
202512 93.650 113.000 93.401
202603 -20.832 112.700 -20.832

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27.56 mean?
Tokyongyo Co (TSE:8070) has a E10 of 円27.56 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tokyongyo Co and its competitors.
Is Tokyongyo Co's E10 too high?
Tokyongyo Co's current E10 is 円27.56. Overall, Tokyongyo Co has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyongyo Co's E10 compare to MMM and HON?
Tokyongyo Co's E10 of 円27.56 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 Tokyongyo Co and its competitors. Tokyongyo Co's current E10 is 円27.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyongyo Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyongyo Co (TSE:8070) is currently considered Modestly Overvalued. The stock's GF Value™ is 円738.90, compared to a current price of 円946.00 — trading 28% above its estimated fair value. The current E10 is 円27.56. Tokyongyo Co's overall GF Score™ is 52/100 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 Tokyongyo Co (TSE:8070), the current E10 is 円27.56 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 Tokyongyo Co (TSE:8070) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyongyo Co stock appears to be overvalued. The current stock price of 円946.00 is trading 28% above its estimated GF Value™ of 円738.90. GuruFocus considers Tokyongyo Co to be Modestly Overvalued.

Key valuation signals for TSE:8070:

  • E10: 円27.56
  • GF Value™: 円738.90 vs. price of 円946.00 (28% above fair value)
  • GF Score™: 52/100 with 3 warning signs

No single metric tells the full story. See the TSE:8070 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyongyo Co Business Description

Address 8th Floor, Shin-Otemachi Building, 2-1, Otemachi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-0004
Tokyo Sangyo Co Ltd is a manufacturer of electric power, environmental and industrial equipment and machinery. It is engaged in the domestic sales of machinery, plant facilities, materials, tools, and chemicals. International trading and Real estate leasing.
52GF Score

Get the complete analysis for TSE:8070

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

円946.00
Price
円738.90
GF Value