Shimizu Bank (TSE:8364) E10: 円124.02 (As of Mar. 2026)


TSE:8364 Shimizu Bank Ltd TSE:8364
58 GF Score
Price 円2,364.00
GF Value 円1,776.58
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Shimizu Bank E10?

Shimizu Bank TSE:8364 +0.60% 58 E10 is 円124.02 as of Mar. 2026. GuruFocus rates TSE:8364 with a GF Score™ of 58/100 and a GF Value™ of 円1,776.58 (Significantly Overvalued). The stock has 1 warning sign 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.

Shimizu Bank's adjusted earnings per share data for the three months ended in Mar. 2026 was 円-33.710. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円124.02 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -14.70% 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 Shimizu Bank was 2.30% per year. The lowest was -14.70% per year. And the median was -9.60% per year.

As of today (2026-06-29), Shimizu Bank's current stock price is 円2364.00. Shimizu Bank's E10 for the quarter that ended in Mar. 2026 was 円124.02. Shimizu Bank's Shiller PE Ratio of today is 19.06.

During the past 13 years, the highest Shiller PE Ratio of Shimizu Bank was 21.47. The lowest was 5.24. And the median was 8.14.


Shimizu Bank  (TSE:8364) 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.

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

Shiller PE Ratio=Share Price/E10
=2364.00/124.02
=19.06

* 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 Shimizu Bank was 21.47. The lowest was 5.24. And the median was 8.14.


Be Aware

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


Shimizu Bank E10 Related Terms


Shimizu Bank E10 Historical Data

* Premium members only.

The historical data trend for Shimizu Bank'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.

Shimizu Bank E10 Chart

Shimizu Bank 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 206.95 199.65 153.51 0.00 124.02

Shimizu Bank 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 0.00 144.62 133.96 136.26 124.02

Shimizu Bank E10 Competitor Comparison

For the Banks - Regional subindustry, Shimizu Bank'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.


Shimizu Bank Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Shimizu Bank's Shiller PE Ratio distribution charts can be found below:

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


TSE:8364
58GF Score
Shimizu Bank Ltd TSE:8364
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shimizu Bank 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, Shimizu Bank'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)
=-33.71/112.7000*112.7000
=-33.710

Current CPI (Mar. 2026) = 112.7000.

Shimizu Bank Quarterly Data

per share eps CPI Adj_EPS
201603 98.960 97.900 113.920
201606 106.070 98.100 121.856
201609 80.980 98.000 93.127
201612 57.680 98.400 66.062
201703 67.210 98.100 77.213
201706 105.880 98.500 121.144
201709 0.360 98.800 0.411
201712 92.050 99.400 104.367
201803 45.890 99.200 52.135
201806 102.000 99.200 115.881
201809 45.790 99.900 51.657
201812 -9.360 99.700 -10.580
201903 87.020 99.700 98.367
201906 116.340 99.800 131.378
201909 19.420 100.100 21.864
201912 19.250 100.500 21.587
202003 -497.900 100.300 -559.455
202006 111.240 99.900 125.493
202009 55.630 99.900 62.758
202012 28.330 99.300 32.153
202103 -9.040 99.900 -10.198
202106 115.160 99.500 130.438
202109 95.590 100.100 107.622
202112 59.960 100.100 67.507
202203 -49.060 101.100 -54.689
202206 67.270 101.800 74.473
202209 60.070 103.100 65.663
202212 50.620 104.100 54.802
202303 -51.380 104.400 -55.465
202306 96.380 105.200 103.251
202309 -81.510 106.200 -86.499
202312 60.530 106.800 63.874
202403 -362.500 107.200 -381.098
202406 78.710 108.200 81.984
202409 28.180 108.900 29.163
202503 0.000 111.100 0.000
202506 106.660 111.700 107.615
202509 26.450 112.000 26.615
202512 76.760 113.000 76.556
202603 -33.710 112.700 -33.710

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124.02 mean?
Shimizu Bank (TSE:8364) has a E10 of 円124.02 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shimizu Bank and its competitors.
Is Shimizu Bank's E10 too high?
Shimizu Bank's current E10 is 円124.02. Overall, Shimizu Bank has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shimizu Bank's E10 compare to competitors?
Shimizu Bank's E10 of 円124.02 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 Shimizu Bank and its competitors. Shimizu Bank's current E10 is 円124.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimizu Bank stock overvalued right now?
Based on GuruFocus' analysis, Shimizu Bank (TSE:8364) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,776.58, compared to a current price of 円2,364.00 — trading 33.1% above its estimated fair value. The current E10 is 円124.02. Shimizu Bank's overall GF Score™ is 58/100 with 1 warning sign 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 Shimizu Bank (TSE:8364), the current E10 is 円124.02 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 Shimizu Bank (TSE:8364) Overvalued in 2026?

Based on GuruFocus' analysis, Shimizu Bank stock appears to be overvalued. The current stock price of 円2,364.00 is trading 33.1% above its estimated GF Value™ of 円1,776.58. GuruFocus considers Shimizu Bank to be Significantly Overvalued.

Key valuation signals for TSE:8364:

  • E10: 円124.02
  • GF Value™: 円1,776.58 vs. price of 円2,364.00 (33.1% above fair value)
  • GF Score™: 58/100 with 1 warning sign

No single metric tells the full story. See the TSE:8364 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shimizu Bank Business Description

Address 2-1 Fujimicho, Shimizu-ku, Shizuoka-shi, Shizuoka, JPN, 424-0941
Shimizu Bank Ltd is engaged in the provision of financial services such as leasing, with a focus on banking operations. It provides deposit, loan, domestic exchange, and securities trading services. It engages in securities investment, investment trust sales, insurance agency works, and financial product brokerage services.
58GF Score

Get the complete analysis for TSE:8364

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

円2,364.00
Price
円1,776.58
GF Value