Japan Asia Investment Co (TSE:8518) E10: 円10.45 (As of Mar. 2026)


TSE:8518 Japan Asia Investment Co Ltd TSE:8518
49 GF Score
Price 円126.00
GF Value 円135.45
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Japan Asia Investment Co E10?

Japan Asia Investment Co TSE:8518 -0.79% 49 E10 is 円10.45 as of Mar. 2026. GuruFocus rates TSE:8518 with a GF Score™ of 49/100 and a GF Value™ of 円135.45 (Fairly Valued). 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.

Japan Asia Investment Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円14.300. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円10.45 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -11.10% 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 Japan Asia Investment Co was 61.30% per year. The lowest was -11.10% per year. And the median was 54.00% per year.

As of today (2026-07-11), Japan Asia Investment Co's current stock price is 円126.00. Japan Asia Investment Co's E10 for the quarter that ended in Mar. 2026 was 円10.45. Japan Asia Investment Co's Shiller PE Ratio of today is 12.06.

During the past 13 years, the highest Shiller PE Ratio of Japan Asia Investment Co was 351.28. The lowest was 10.28. And the median was 22.87.


Japan Asia Investment Co  (TSE:8518) 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.

Japan Asia Investment Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=126.00/10.45
=12.06

* 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 Japan Asia Investment Co was 351.28. The lowest was 10.28. And the median was 22.87.


Be Aware

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


Japan Asia Investment Co E10 Related Terms


Japan Asia Investment Co E10 Historical Data

* Premium members only.

The historical data trend for Japan Asia Investment 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.

Japan Asia Investment Co E10 Chart

Japan Asia Investment 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 -8.87 14.89 3.14 0.00 10.45

Japan Asia Investment Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 6.81 9.88 10.02 10.45

TSE:8518 vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, Japan Asia Investment 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.


Japan Asia Investment Co Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Japan Asia Investment Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:8518
49GF Score
Japan Asia Investment Co Ltd TSE:8518
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Asia Investment 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, Japan Asia Investment 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)
=14.3/112.7000*112.7000
=14.300

Current CPI (Mar. 2026) = 112.7000.

Japan Asia Investment Co Quarterly Data

per share eps CPI Adj_EPS
201512 -27.330 98.100 -31.397
201603 62.964 97.900 72.483
201606 -5.100 98.100 -5.859
201609 -0.457 98.000 -0.526
201612 7.353 98.400 8.422
201703 30.280 98.100 34.787
201706 17.360 98.500 19.863
201709 14.260 98.800 16.266
201712 -14.360 99.400 -16.281
201803 55.030 99.200 62.519
201806 -30.510 99.200 -34.662
201809 0.282 99.900 0.318
201812 18.970 99.700 21.444
201903 43.833 99.700 49.548
201906 -8.090 99.800 -9.136
201909 -18.020 100.100 -20.288
201912 -14.030 100.500 -15.733
202003 59.480 100.300 66.833
202006 -13.850 99.900 -15.625
202009 -5.510 99.900 -6.216
202012 -1.186 99.300 -1.346
202103 22.369 99.900 25.235
202106 -16.310 99.500 -18.474
202109 -20.505 100.100 -23.086
202112 23.940 100.100 26.953
202203 13.896 101.100 15.490
202206 -15.400 101.800 -17.049
202209 -22.550 103.100 -24.650
202212 32.084 104.100 34.735
202303 -10.870 104.400 -11.734
202306 -5.700 105.200 -6.106
202309 -25.023 106.200 -26.555
202312 -41.235 106.800 -43.513
202403 -24.120 107.200 -25.358
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 -5.920 111.700 -5.973
202509 -3.320 112.000 -3.341
202512 -7.070 113.000 -7.051
202603 14.300 112.700 14.300

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10.45 mean?
Japan Asia Investment Co (TSE:8518) has a E10 of 円10.45 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Japan Asia Investment Co and its competitors.
Is Japan Asia Investment Co's E10 too high?
Japan Asia Investment Co's current E10 is 円10.45. Overall, Japan Asia Investment Co has a GF Score™ of 49/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Asia Investment Co's E10 compare to BLK and BX?
Japan Asia Investment Co's E10 of 円10.45 can be compared against companies in the Asset Management 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 an Asset Management company?
A good E10 depends on the Asset Management 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 Japan Asia Investment Co and its competitors. Japan Asia Investment Co's current E10 is 円10.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Asia Investment Co stock overvalued right now?
Based on GuruFocus' analysis, Japan Asia Investment Co (TSE:8518) is currently considered Fairly Valued. The stock's GF Value™ is 円135.45, compared to a current price of 円126.00 — trading 7% below its estimated fair value. The current E10 is 円10.45. Japan Asia Investment Co's overall GF Score™ is 49/100 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 Japan Asia Investment Co (TSE:8518), the current E10 is 円10.45 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 Japan Asia Investment Co (TSE:8518) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Asia Investment Co stock appears to be undervalued. The current stock price of 円126.00 is trading 7% below its estimated GF Value™ of 円135.45. GuruFocus considers Japan Asia Investment Co to be Fairly Valued.

Key valuation signals for TSE:8518:

  • E10: 円10.45
  • GF Value™: 円135.45 vs. price of 円126.00 (7% below fair value)
  • GF Score™: 49/100 with 4 warning signs

No single metric tells the full story. See the TSE:8518 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Japan Asia Investment Co Business Description

Other Exchanges JAN:Germany
Address 2-4, Kudankita 3-chome, Chiyoda-ku, Tokyo, JPN
Japan Asia Investment Co Ltd (JAIC) provides growth capital to venture companies and small and medium-sized enterprise (SME). The company provides various support to achieve growth strategies of the company by utilizing JAIC's resources in Japan and elsewhere in Asia.
49GF Score

Get the complete analysis for TSE:8518

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

円126.00
Price
円135.45
GF Value