Rikei (TSE:8226) E10: 円14.11 (As of Mar. 2026)

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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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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:8226 Rikei Corp TSE:8226
80 GF Score
Price 円349.00
GF Value 円454.80
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Rikei E10?

Rikei TSE:8226 -1.13% 80 E10 is 円14.11 as of Mar. 2026. GuruFocus rates TSE:8226 with a GF Score™ of 80/100 and a GF Value™ of 円454.80 (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.

Rikei's adjusted earnings per share data for the three months ended in Mar. 2026 was 円40.460. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円14.11 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 53.50% 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 Rikei was 53.50% per year. The lowest was -2.50% per year. And the median was 10.40% per year.

As of today (2026-07-27), Rikei's current stock price is 円349.00. Rikei's E10 for the quarter that ended in Mar. 2026 was 円14.11. Rikei's Shiller PE Ratio of today is 24.73.

During the past 13 years, the highest Shiller PE Ratio of Rikei was 92.57. The lowest was 24.73. And the median was 54.65.


Rikei  (TSE:8226) 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.

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

Shiller PE Ratio=Share Price/E10
=349.00/14.11
=24.73

* 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 Rikei was 92.57. The lowest was 24.73. And the median was 54.65.


Be Aware

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


Rikei E10 Related Terms


Rikei E10 Historical Data

* Premium members only.

The historical data trend for Rikei'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.

Rikei E10 Chart

Rikei 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 4.62 3.90 5.31 0.00 14.11

Rikei Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 6.23 8.71 8.71 14.11

TSE:8226 vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, Rikei'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.


Rikei Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Rikei's Shiller PE Ratio distribution charts can be found below:

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


TSE:8226
80GF Score
Rikei Corp TSE:8226
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rikei 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, Rikei'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)
=40.46/112.7000*112.7000
=40.460

Current CPI (Mar. 2026) = 112.7000.

Rikei Quarterly Data

per share eps CPI Adj_EPS
201603 14.990 97.900 17.256
201606 -10.950 98.100 -12.580
201609 6.690 98.000 7.694
201612 -10.070 98.400 -11.533
201703 21.404 98.100 24.590
201706 -17.270 98.500 -19.760
201709 -0.940 98.800 -1.072
201712 -11.260 99.400 -12.767
201803 17.263 99.200 19.612
201806 -8.770 99.200 -9.963
201809 3.683 99.900 4.155
201812 -8.320 99.700 -9.405
201903 21.517 99.700 24.323
201906 -14.370 99.800 -16.227
201909 7.670 100.100 8.635
201912 -10.251 100.500 -11.495
202003 19.720 100.300 22.158
202006 -5.080 99.900 -5.731
202009 -4.250 99.900 -4.795
202012 -6.041 99.300 -6.856
202103 25.798 99.900 29.103
202106 -7.160 99.500 -8.110
202109 5.470 100.100 6.159
202112 -0.921 100.100 -1.037
202203 11.844 101.100 13.203
202206 -9.460 101.800 -10.473
202209 8.130 103.100 8.887
202212 -10.911 104.100 -11.812
202303 16.664 104.400 17.989
202306 -6.090 105.200 -6.524
202309 1.160 106.200 1.231
202312 2.309 106.800 2.437
202403 27.933 107.200 29.366
202406 0.780 108.200 0.812
202409 10.310 108.900 10.670
202503 0.000 111.100 0.000
202506 0.780 111.700 0.787
202509 13.150 112.000 13.232
202512 -5.020 113.000 -5.007
202603 40.460 112.700 40.460

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14.11 mean?
Rikei (TSE:8226) has a E10 of 円14.11 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Rikei and its competitors.
Is Rikei's E10 too high?
Rikei's current E10 is 円14.11. Overall, Rikei has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rikei's E10 compare to IBM and ACN?
Rikei's E10 of 円14.11 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Rikei and its competitors. Rikei's current E10 is 円14.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rikei stock overvalued right now?
Based on GuruFocus' analysis, Rikei (TSE:8226) is currently considered Modestly Undervalued. The stock's GF Value™ is 円454.80, compared to a current price of 円349.00 — trading 23.3% below its estimated fair value. The current E10 is 円14.11. Rikei's overall GF Score™ is 80/100 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 Rikei (TSE:8226), the current E10 is 円14.11 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 Rikei (TSE:8226) Overvalued in 2026?

Based on GuruFocus' analysis, Rikei stock appears to be undervalued. The current stock price of 円349.00 is trading 23.3% below its estimated GF Value™ of 円454.80. GuruFocus considers Rikei to be Modestly Undervalued.

Key valuation signals for TSE:8226:

  • E10: 円14.11
  • GF Value™: 円454.80 vs. price of 円349.00 (23.3% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the TSE:8226 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rikei Business Description

Address Shinjuku Nomura Building, 1-26-2 Nishi Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0535
Rikei Corp is a solution provider for the IT and electronics industries. Rikei offers a wide variety of solutions and advanced products in the fields of system solutions such as IT infrastructure, office systems, digital marketing, business administration strategy, IoT, VR and information security. It also provides network solutions such as satellite communication, data transfer systems, digital video transfer systems, network systems for telecommunication operators and other private companies. In addition to solutions, it provides electronic components and devices, such as high-frequency components, adhesives for industrial use, testers for automotive audio and navigation equipment, power grid analysis systems, and defence-related machinery.
80GF Score

Get the complete analysis for TSE:8226

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

円349.00
Price
円454.80
GF Value