SPARX Group Co (TSE:8739) E10: 円107.01 (As of Mar. 2026)


TSE:8739 SPARX Group Co Ltd TSE:8739
92 GF Score
Price 円2,161.00
GF Value 円1,986.30
Valuation Fairly Valued
! 5 Warning Signs
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What is SPARX Group Co E10?

SPARX Group Co TSE:8739 +0.23% 92 E10 is 円107.01 as of Mar. 2026. GuruFocus rates TSE:8739 with a GF Score™ of 92/100 and a GF Value™ of 円1,986.30 (Fairly Valued). The stock has 5 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.

SPARX Group Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円48.350. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円107.01 for the trailing ten years ended in Mar. 2026.

During the past 12 months, SPARX Group Co's average E10 Growth Rate was 10.40% per year. During the past 3 years, the average E10 Growth Rate was 14.80% per year. During the past 5 years, the average E10 Growth Rate was 23.50% 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 SPARX Group Co was 55.80% per year. The lowest was 14.80% per year. And the median was 31.80% per year.

As of today (2026-06-27), SPARX Group Co's current stock price is 円2161.00. SPARX Group Co's E10 for the quarter that ended in Mar. 2026 was 円107.01. SPARX Group Co's Shiller PE Ratio of today is 20.19.

During the past 13 years, the highest Shiller PE Ratio of SPARX Group Co was 92.45. The lowest was 14.04. And the median was 24.04.


SPARX Group Co  (TSE:8739) 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.

SPARX Group Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2161.00/107.01
=20.19

* 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 SPARX Group Co was 92.45. The lowest was 14.04. And the median was 24.04.


Be Aware

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


SPARX Group Co E10 Related Terms


SPARX Group Co E10 Historical Data

* Premium members only.

The historical data trend for SPARX Group 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.

SPARX Group Co E10 Chart

SPARX Group 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 51.63 70.77 84.66 96.95 107.01

SPARX Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 96.95 99.92 100.70 103.92 107.01

TSE:8739 vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, SPARX Group 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.


SPARX Group Co Shiller PE Ratio vs Asset Management Industry

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

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


TSE:8739
92GF Score
SPARX Group Co Ltd TSE:8739
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPARX Group 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, SPARX Group 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)
=48.35/112.7000*112.7000
=48.350

Current CPI (Mar. 2026) = 112.7000.

SPARX Group Co Quarterly Data

per share eps CPI Adj_EPS
201606 1.150 98.100 1.321
201609 13.950 98.000 16.043
201612 25.750 98.400 29.492
201703 16.850 98.100 19.358
201706 11.350 98.500 12.986
201709 27.650 98.800 31.540
201712 51.850 99.400 58.788
201803 25.300 99.200 28.743
201806 18.350 99.200 20.847
201809 19.950 99.900 22.506
201812 17.450 99.700 19.725
201903 24.850 99.700 28.090
201906 19.050 99.800 21.512
201909 12.000 100.100 13.510
201912 20.050 100.500 22.484
202003 6.300 100.300 7.079
202006 13.200 99.900 14.891
202009 21.943 99.900 24.755
202012 30.299 99.300 34.388
202103 21.300 99.900 24.029
202106 26.550 99.500 30.072
202109 29.450 100.100 33.157
202112 36.160 100.100 40.712
202203 -71.790 101.100 -80.027
202206 26.800 101.800 29.670
202209 30.170 103.100 32.979
202212 20.779 104.100 22.496
202303 35.140 104.400 37.934
202306 50.690 105.200 54.304
202309 32.950 106.200 34.967
202312 29.930 106.800 31.583
202403 50.220 107.200 52.797
202406 28.170 108.200 29.342
202409 29.230 108.900 30.250
202412 26.100 110.700 26.572
202503 48.660 111.100 49.361
202506 41.180 111.700 41.549
202509 31.580 112.000 31.777
202512 40.300 113.000 40.193
202603 48.350 112.700 48.350

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107.01 mean?
SPARX Group Co (TSE:8739) has a E10 of 円107.01 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SPARX Group Co and its competitors.
Is SPARX Group Co's E10 too high?
SPARX Group Co's current E10 is 円107.01. Overall, SPARX Group Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SPARX Group Co's E10 compare to BLK and BX?
SPARX Group Co's E10 of 円107.01 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 SPARX Group Co and its competitors. SPARX Group Co's current E10 is 円107.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPARX Group Co stock overvalued right now?
Based on GuruFocus' analysis, SPARX Group Co (TSE:8739) is currently considered Fairly Valued. The stock's GF Value™ is 円1,986.30, compared to a current price of 円2,161.00 — trading 8.8% above its estimated fair value. The current E10 is 円107.01. SPARX Group Co's overall GF Score™ is 92/100 with 5 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 SPARX Group Co (TSE:8739), the current E10 is 円107.01 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 SPARX Group Co (TSE:8739) Overvalued in 2026?

Based on GuruFocus' analysis, SPARX Group Co stock appears to be overvalued. The current stock price of 円2,161.00 is trading 8.8% above its estimated GF Value™ of 円1,986.30. GuruFocus considers SPARX Group Co to be Fairly Valued.

Key valuation signals for TSE:8739:

  • E10: 円107.01
  • GF Value™: 円1,986.30 vs. price of 円2,161.00 (8.8% above fair value)
  • GF Score™: 92/100 with 5 warning signs

No single metric tells the full story. See the TSE:8739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SPARX Group Co Business Description

Address 1-2-70 Konan, Shinagawa Season Terrace, 6th Floor, Minato-ku, Tokyo, JPN, 108 0075
SPARX Group Co Ltd is a Japan-based holding company engaged in the Asset Management Business and Investment Advisory Business, through its subsidiaries. It operates a variety of investment strategies through a host of entities. The group invests on behalf of corporate pension annuities, government entities, private and trust banks, and public pension funds. Strategies include Japanese equity, Asia ex-Japan alternatives, and Korean strategies. In addition to mutual fund offerings, the company offers advisory services to customers in Japan. Mutual fund offerings are offered directly or through brokerage houses, banks, and other intermediaries globally.
92GF Score

Get the complete analysis for TSE:8739

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

円2,161.00
Price
円1,986.30
GF Value