Laox Holdings Co (TSE:8202) E10: 円-44.83 (As of Dec. 2025)


TSE:8202 Laox Holdings Co Ltd TSE:8202
45 GF Score
Price 円149.00
GF Value 円212.78
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Laox Holdings Co E10?

Laox Holdings Co TSE:8202 +2.05% 45 E10 is 円-44.83 as of Dec. 2025. GuruFocus rates TSE:8202 with a GF Score™ of 45/100 and a GF Value™ of 円212.78 (Possible Value Trap). 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.

Laox Holdings Co's adjusted earnings per share data for the three months ended in Dec. 2025 was 円15.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円-44.83 for the trailing ten years ended in Dec. 2025.

During the past 3 years, the average E10 Growth Rate was -9.10% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Laox Holdings Co was 49.20% per year. The lowest was -41.90% per year. And the median was 7.50% per year.

As of today (2026-06-30), Laox Holdings Co's current stock price is 円149.00. Laox Holdings Co's E10 for the quarter that ended in Dec. 2025 was 円-44.83. Laox Holdings Co's Shiller PE Ratio of today is .


Laox Holdings Co  (TSE:8202) 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.


Be Aware

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


Laox Holdings Co E10 Related Terms


Laox Holdings Co E10 Historical Data

* Premium members only.

The historical data trend for Laox Holdings 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.

Laox Holdings Co E10 Chart

Laox Holdings Co 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 -35.86 -34.49 -26.43 0.00 -44.83

Laox Holdings Co 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 -32.35 -36.46 -41.69 -44.83 0.00

TSE:8202 vs CASY, WSM, DKS: E10 Comparison

For the Specialty Retail subindustry, Laox Holdings 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.


Laox Holdings Co Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Laox Holdings Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:8202
45GF Score
Laox Holdings Co Ltd TSE:8202
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Laox Holdings 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, Laox Holdings Co's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=15.36/113.0000*113.0000
=15.360

Current CPI (Dec. 2025) = 113.0000.

Laox Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201512 13.870 98.100 15.977
201603 -6.470 97.900 -7.468
201606 -0.660 98.100 -0.760
201609 4.881 98.000 5.628
201612 -25.198 98.400 -28.937
201703 -7.690 98.100 -8.858
201706 -10.260 98.500 -11.770
201709 5.790 98.800 6.622
201712 14.917 99.400 16.958
201803 -15.170 99.200 -17.280
201806 20.521 99.200 23.376
201809 -10.890 99.900 -12.318
201812 -11.200 99.700 -12.694
201903 -22.350 99.700 -25.331
201906 -26.198 99.800 -29.663
201909 -9.870 100.100 -11.142
201912 -60.170 100.500 -67.654
202003 -20.980 100.300 -23.636
202006 -132.032 99.900 -149.346
202009 2.730 99.900 3.088
202012 -31.766 99.300 -36.149
202103 -8.520 99.900 -9.637
202106 -20.106 99.500 -22.834
202109 -6.716 100.100 -7.581
202112 -42.450 100.100 -47.921
202203 5.080 101.100 5.678
202206 -5.530 101.800 -6.138
202209 -1.960 103.100 -2.148
202212 3.150 104.100 3.419
202303 -7.230 104.400 -7.826
202306 24.831 105.200 26.672
202309 1.039 106.200 1.106
202312 3.690 106.800 3.904
202403 -8.750 107.200 -9.223
202406 7.756 108.200 8.100
202412 0.000 110.700 0.000
202503 -13.480 111.100 -13.711
202506 -2.180 111.700 -2.205
202509 -0.790 112.000 -0.797
202512 15.360 113.000 15.360

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-44.83 mean?
Laox Holdings Co (TSE:8202) has a E10 of 円-44.83 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Laox Holdings Co and its competitors.
Is Laox Holdings Co's E10 too high?
Laox Holdings Co's current E10 is 円-44.83. Overall, Laox Holdings Co has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Laox Holdings Co's E10 compare to CASY and WSM?
Laox Holdings Co's E10 of 円-44.83 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Laox Holdings Co and its competitors. Laox Holdings Co's current E10 is 円-44.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laox Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Laox Holdings Co (TSE:8202) is currently considered Possible Value Trap. The stock's GF Value™ is 円212.78, compared to a current price of 円149.00 — trading 30% below its estimated fair value. The current E10 is 円-44.83. Laox Holdings Co's overall GF Score™ is 45/100 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 Laox Holdings Co (TSE:8202), the current E10 is 円-44.83 as of Dec. 2025. 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 Laox Holdings Co (TSE:8202) Overvalued in 2026?

Based on GuruFocus' analysis, Laox Holdings Co stock appears to be undervalued. The current stock price of 円149.00 is trading 30% below its estimated GF Value™ of 円212.78. GuruFocus considers Laox Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:8202:

  • E10: 円-44.83
  • GF Value™: 円212.78 vs. price of 円149.00 (30% below fair value)
  • GF Score™: 45/100 with 8 warning signs

No single metric tells the full story. See the TSE:8202 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Laox Holdings Co Business Description

Address 4-3-1 Toranomon, 29th Floor, Shiroyama Trust Tower, Minato-ku, Tokyo, JPN, 105-6029
Laox Holdings Co Ltd is a Japan-based Duty-Free store company. It is engaged in the Gift Solutions, Retail, Trading, and Asset Services. The Retail business includes various products which it sells in real stores and through online sales, Gift Solutions business consists Sales of gift items and lifestyle-related products, and others. The Trading business through the import and export of private label products, etc., and Asset Services Business involves the operation and management of mixed-use commercial facilities, real estate sales and brokerage, and rental property management.
45GF Score

Get the complete analysis for TSE:8202

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

円149.00
Price
円212.78
GF Value