Mizuho Leasing Co (TSE:8425) E10: 円108.92 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:8425 Mizuho Leasing Co Ltd TSE:8425
76 GF Score
Price 円1,335.00
GF Value 円1,229.56
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Mizuho Leasing Co E10?

Mizuho Leasing Co TSE:8425 +1.71% 76 E10 is 円108.92 as of Mar. 2026. GuruFocus rates TSE:8425 with a GF Score™ of 76/100 and a GF Value™ of 円1,229.56 (Modestly Overvalued). The stock has 4 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.

Mizuho Leasing Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円24.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円108.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mizuho Leasing Co's average E10 Growth Rate was 12.60% per year. During the past 3 years, the average E10 Growth Rate was 14.10% per year. During the past 5 years, the average E10 Growth Rate was 13.00% 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 Mizuho Leasing Co was 14.30% per year. The lowest was 6.70% per year. And the median was 10.25% per year.

As of today (2026-08-03), Mizuho Leasing Co's current stock price is 円1335.00. Mizuho Leasing Co's E10 for the quarter that ended in Mar. 2026 was 円108.92. Mizuho Leasing Co's Shiller PE Ratio of today is 12.26.

During the past 13 years, the highest Shiller PE Ratio of Mizuho Leasing Co was 14.36. The lowest was 6.11. And the median was 11.22.


Mizuho Leasing Co  (TSE:8425) 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.

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

Shiller PE Ratio=Share Price/E10
=1335.00/108.92
=12.26

* 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 Mizuho Leasing Co was 14.36. The lowest was 6.11. And the median was 11.22.


Be Aware

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


Mizuho Leasing Co E10 Related Terms


Mizuho Leasing Co E10 Historical Data

* Premium members only.

The historical data trend for Mizuho Leasing 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.

Mizuho Leasing Co E10 Chart

Mizuho Leasing 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 64.83 73.36 83.89 96.71 108.92

Mizuho Leasing Co 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 101.21 104.73 108.10 108.92 0.00

TSE:8425 vs V, MA, AXP: E10 Comparison

For the Credit Services subindustry, Mizuho Leasing 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.


Mizuho Leasing Co Shiller PE Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Mizuho Leasing Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:8425
76GF Score
Mizuho Leasing Co Ltd TSE:8425
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mizuho Leasing 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, Mizuho Leasing 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)
=24.63/112.7000*112.7000
=24.630

Current CPI (Mar. 2026) = 112.7000.

Mizuho Leasing Co Quarterly Data

per share eps CPI Adj_EPS
201606 16.816 98.100 19.319
201609 18.360 98.000 21.114
201612 13.857 98.400 15.871
201703 9.182 98.100 10.549
201706 15.726 98.500 17.993
201709 15.704 98.800 17.913
201712 16.549 99.400 18.763
201803 16.000 99.200 18.177
201806 19.912 99.200 22.622
201809 20.522 99.900 23.151
201812 20.896 99.700 23.621
201903 14.393 99.700 16.270
201906 16.960 99.800 19.152
201909 19.269 100.100 21.694
201912 15.036 100.500 16.861
202003 20.618 100.300 23.167
202006 30.772 99.900 34.715
202009 22.950 99.900 25.891
202012 20.698 99.300 23.491
202103 15.608 99.900 17.608
202106 20.514 99.500 23.235
202109 18.736 100.100 21.094
202112 32.362 100.100 36.436
202203 -9.998 101.100 -11.145
202206 33.652 101.800 37.255
202209 30.760 103.100 33.624
202212 37.900 104.100 41.031
202303 15.038 104.400 16.234
202306 28.194 105.200 30.204
202309 45.606 106.200 48.397
202312 39.849 106.800 42.050
202403 31.414 107.200 33.026
202406 39.140 108.200 40.768
202409 57.750 108.900 59.765
202412 35.990 110.700 36.640
202503 21.660 111.100 21.972
202506 54.390 111.700 54.877
202509 49.370 112.000 49.679
202512 41.590 113.000 41.480
202603 24.630 112.700 24.630

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108.92 mean?
Mizuho Leasing Co (TSE:8425) has a E10 of 円108.92 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mizuho Leasing Co and its competitors.
Is Mizuho Leasing Co's E10 too high?
Mizuho Leasing Co's current E10 is 円108.92. Overall, Mizuho Leasing Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mizuho Leasing Co's E10 compare to V and MA?
Mizuho Leasing Co's E10 of 円108.92 can be compared against companies in the Credit Services 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 Credit Services company?
A good E10 depends on the Credit Services 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 Mizuho Leasing Co and its competitors. Mizuho Leasing Co's current E10 is 円108.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mizuho Leasing Co stock overvalued right now?
Based on GuruFocus' analysis, Mizuho Leasing Co (TSE:8425) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,229.56, compared to a current price of 円1,335.00 — trading 8.6% above its estimated fair value. The current E10 is 円108.92. Mizuho Leasing Co's overall GF Score™ is 76/100 with 4 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 Mizuho Leasing Co (TSE:8425), the current E10 is 円108.92 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 Mizuho Leasing Co (TSE:8425) Overvalued in 2026?

Based on GuruFocus' analysis, Mizuho Leasing Co stock appears to be overvalued. The current stock price of 円1,335.00 is trading 8.6% above its estimated GF Value™ of 円1,229.56. GuruFocus considers Mizuho Leasing Co to be Modestly Overvalued.

Key valuation signals for TSE:8425:

  • E10: 円108.92
  • GF Value™: 円1,229.56 vs. price of 円1,335.00 (8.6% above fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the TSE:8425 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mizuho Leasing Co Business Description

Other Exchanges LFB:Germany
Address 2-6 Toranomon 1-chome, Minato-ku, Tokyo, JPN, 105-0001
Mizuho Leasing Co Ltd is a Japanese firm which provides total financial services to a range of customers from large companies to small and medium-sized companies. The company has four segments namely Leasing, Installment Sales, Loans and Other. The Leasing segment is engaged in leasing and renting services for industrial machinery, transportation equipment, and information-related equipment. Installment Sales segment is engaged in installment sales of production equipment, construction and engineering machinery, and commercial equipment. Loans segment is engaged in corporate finance, vessel finance, and factoring services. Other segment is engaged in investing in securities that are held for the purpose of generating operational revenues, as well as engaged in assurance services.
76GF Score

Get the complete analysis for TSE:8425

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

円1,335.00
Price
円1,229.56
GF Value