T&D Holdings (TSE:8795) E10: 円122.92 (As of Mar. 2026)


TSE:8795 T&D Holdings Inc TSE:8795
64 GF Score
Price 円4,682.00
GF Value 円3,765.65
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is T&D Holdings E10?

T&D Holdings TSE:8795 -0.17% 64 E10 is 円122.92 as of Mar. 2026. GuruFocus rates TSE:8795 with a GF Score™ of 64/100 and a GF Value™ of 円3,765.65 (Modestly Overvalued). The stock has 6 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.

T&D Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was 円72.918. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円122.92 for the trailing ten years ended in Mar. 2026.

During the past 12 months, T&D Holdings's average E10 Growth Rate was 17.20% per year. During the past 3 years, the average E10 Growth Rate was 12.90% per year. During the past 5 years, the average E10 Growth Rate was 0.10% 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 T&D Holdings was 19.30% per year. The lowest was -7.30% per year. And the median was 6.70% per year.

As of today (2026-06-29), T&D Holdings's current stock price is 円4682.00. T&D Holdings's E10 for the quarter that ended in Mar. 2026 was 円122.92. T&D Holdings's Shiller PE Ratio of today is 38.09.

During the past 13 years, the highest Shiller PE Ratio of T&D Holdings was 39.81. The lowest was 7.59. And the median was 23.82.


T&D Holdings  (TSE:8795) 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.

T&D Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4682.00/122.92
=38.09

* 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 T&D Holdings was 39.81. The lowest was 7.59. And the median was 23.82.


Be Aware

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


T&D Holdings E10 Related Terms


T&D Holdings E10 Historical Data

* Premium members only.

The historical data trend for T&D Holdings'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.

T&D Holdings E10 Chart

T&D Holdings 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 116.41 85.51 93.03 104.90 122.92

T&D Holdings 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 104.90 109.16 110.83 117.78 122.92

TSE:8795 vs AFL, MET, PRU: E10 Comparison

For the Insurance - Life subindustry, T&D Holdings'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.


T&D Holdings Shiller PE Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, T&D Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where T&D Holdings's Shiller PE Ratio falls into.


TSE:8795
64GF Score
T&D Holdings Inc TSE:8795
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

T&D Holdings 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, T&D Holdings'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)
=72.918/112.7000*112.7000
=72.918

Current CPI (Mar. 2026) = 112.7000.

T&D Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 37.830 98.100 43.460
201609 35.930 98.000 41.320
201612 27.360 98.400 31.336
201703 14.470 98.100 16.624
201706 30.220 98.500 34.577
201709 38.790 98.800 44.247
201712 22.230 99.400 25.204
201803 30.570 99.200 34.730
201806 30.740 99.200 34.923
201809 41.550 99.900 46.874
201812 25.400 99.700 28.712
201903 18.470 99.700 20.878
201906 25.210 99.800 28.469
201909 33.490 100.100 37.706
201912 23.790 100.500 26.678
202003 26.580 100.300 29.866
202006 113.820 99.900 128.404
202009 77.760 99.900 87.723
202012 43.050 99.300 48.859
202103 -53.340 99.900 -60.174
202106 -54.110 99.500 -61.288
202109 108.230 100.100 121.853
202112 40.470 100.100 45.564
202203 -70.230 101.100 -78.288
202206 -105.850 101.800 -117.184
202209 -159.655 103.100 -174.521
202212 -34.824 104.100 -37.701
202303 62.820 104.400 67.814
202306 34.660 105.200 37.131
202309 44.260 106.200 46.969
202312 40.550 106.800 42.790
202403 63.540 107.200 66.800
202406 64.540 108.200 67.224
202409 59.360 108.900 61.431
202412 102.870 110.700 104.729
202503 14.830 111.100 15.044
202506 73.310 111.700 73.966
202509 59.930 112.000 60.305
202512 83.440 113.000 83.218
202603 72.918 112.700 72.918

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122.92 mean?
T&D Holdings (TSE:8795) has a E10 of 円122.92 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on T&D Holdings and its competitors.
Is T&D Holdings' E10 too high?
T&D Holdings' current E10 is 円122.92. Overall, T&D Holdings has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does T&D Holdings' E10 compare to AFL and MET?
T&D Holdings' E10 of 円122.92 can be compared against companies in the Insurance 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 Insurance company?
A good E10 depends on the Insurance 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 T&D Holdings and its competitors. T&D Holdings's current E10 is 円122.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is T&D Holdings stock overvalued right now?
Based on GuruFocus' analysis, T&D Holdings (TSE:8795) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,765.65, compared to a current price of 円4,682.00 — trading 24.3% above its estimated fair value. The current E10 is 円122.92. T&D Holdings' overall GF Score™ is 64/100 with 6 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 T&D Holdings (TSE:8795), the current E10 is 円122.92 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 T&D Holdings (TSE:8795) Overvalued in 2026?

Based on GuruFocus' analysis, T&D Holdings stock appears to be overvalued. The current stock price of 円4,682.00 is trading 24.3% above its estimated GF Value™ of 円3,765.65. GuruFocus considers T&D Holdings to be Modestly Overvalued.

Key valuation signals for TSE:8795:

  • E10: 円122.92
  • GF Value™: 円3,765.65 vs. price of 円4,682.00 (24.3% above fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the TSE:8795 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


T&D Holdings Business Description

Address 2-7-1 Nihonbashi, Chuo-ku, Tokyo, JPN, 103-6031
T&D Holdings Inc is a Japanese holding company. It manages life insurance business. The company has four reportable segments, namely Daido Life Insurance, T&D Financial Life Insurance, T&D United Capital, and Taiyo Life Insurance. The company earns the majority of its revenue from the Taiyo Life Insurance segment, which provides life insurance services to the household market.
64GF Score

Get the complete analysis for TSE:8795

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

円4,682.00
Price
円3,765.65
GF Value