Tokyo Tatemono Co (TSE:8804) E10: 円195.92 (As of Dec. 2025)


TSE:8804 Tokyo Tatemono Co Ltd TSE:8804
85 GF Score
Price 円3,318.00
GF Value 円2,887.85
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Tokyo Tatemono Co E10?

Tokyo Tatemono Co TSE:8804 +0.82% 85 E10 is 円195.92 as of Dec. 2025. GuruFocus rates TSE:8804 with a GF Score™ of 85/100 and a GF Value™ of 円2,887.85 (Modestly Overvalued). The stock has 3 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.

Tokyo Tatemono Co's adjusted earnings per share data for the three months ended in Dec. 2025 was 円141.270. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円195.92 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Tokyo Tatemono Co's average E10 Growth Rate was 13.50% per year. During the past 3 years, the average E10 Growth Rate was 7.40% per year. During the past 5 years, the average E10 Growth Rate was 15.60% 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 Tokyo Tatemono Co was 30.20% per year. The lowest was 7.40% per year. And the median was 22.00% per year.

As of today (2026-06-29), Tokyo Tatemono Co's current stock price is 円3318.00. Tokyo Tatemono Co's E10 for the quarter that ended in Dec. 2025 was 円195.92. Tokyo Tatemono Co's Shiller PE Ratio of today is 16.94.

During the past 13 years, the highest Shiller PE Ratio of Tokyo Tatemono Co was 33.46. The lowest was 9.59. And the median was 16.84.


Tokyo Tatemono Co  (TSE:8804) 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.

Tokyo Tatemono Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3318.00/195.92
=16.94

* 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 Tokyo Tatemono Co was 33.46. The lowest was 9.59. And the median was 16.84.


Be Aware

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


Tokyo Tatemono Co E10 Related Terms


Tokyo Tatemono Co E10 Historical Data

* Premium members only.

The historical data trend for Tokyo Tatemono 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.

Tokyo Tatemono Co E10 Chart

Tokyo Tatemono Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.63 157.96 178.59 172.57 195.92

Tokyo Tatemono 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 175.95 177.84 181.15 195.92 0.00

TSE:8804 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Tokyo Tatemono 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.


Tokyo Tatemono Co Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokyo Tatemono Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:8804
85GF Score
Tokyo Tatemono Co Ltd TSE:8804
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Tatemono 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, Tokyo Tatemono Co's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=141.27/113.0000*113.0000
=141.270

Current CPI (Dec. 2025) = 113.0000.

Tokyo Tatemono Co Quarterly Data

per share eps CPI Adj_EPS
201603 11.360 97.900 13.112
201606 14.520 98.100 16.725
201609 22.646 98.000 26.112
201612 42.470 98.400 48.771
201703 11.410 98.100 13.143
201706 18.890 98.500 21.671
201709 16.009 98.800 18.310
201712 57.850 99.400 65.765
201803 70.690 99.200 80.524
201806 18.194 99.200 20.725
201809 20.517 99.900 23.207
201812 16.351 99.700 18.532
201903 46.030 99.700 52.170
201906 48.540 99.800 54.960
201909 23.520 100.100 26.551
201912 23.161 100.500 26.042
202003 38.310 100.300 43.161
202006 13.520 99.900 15.293
202009 28.660 99.900 32.418
202012 71.620 99.300 81.501
202103 66.270 99.900 74.960
202106 30.308 99.500 34.420
202109 53.871 100.100 60.813
202112 16.851 100.100 19.023
202203 82.470 101.100 92.177
202206 86.660 101.800 96.194
202209 19.440 103.100 21.307
202212 17.574 104.100 19.076
202303 85.000 104.400 92.002
202306 29.010 105.200 31.161
202309 25.220 106.200 26.835
202312 76.586 106.800 81.032
202403 55.820 107.200 58.840
202406 95.910 108.200 100.165
202409 18.500 108.900 19.197
202412 145.270 110.700 148.288
202503 68.770 111.100 69.946
202506 29.850 111.700 30.197
202509 43.190 112.000 43.576
202512 141.270 113.000 141.270

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195.92 mean?
Tokyo Tatemono Co (TSE:8804) has a E10 of 円195.92 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tokyo Tatemono Co and its competitors.
Is Tokyo Tatemono Co's E10 too high?
Tokyo Tatemono Co's current E10 is 円195.92. Overall, Tokyo Tatemono Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Tatemono Co's E10 compare to CBRE and BEKE?
Tokyo Tatemono Co's E10 of 円195.92 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Tokyo Tatemono Co and its competitors. Tokyo Tatemono Co's current E10 is 円195.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Tatemono Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Tatemono Co (TSE:8804) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,887.85, compared to a current price of 円3,318.00 — trading 14.9% above its estimated fair value. The current E10 is 円195.92. Tokyo Tatemono Co's overall GF Score™ is 85/100 with 3 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 Tokyo Tatemono Co (TSE:8804), the current E10 is 円195.92 as of Dec. 2025. 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 Tokyo Tatemono Co (TSE:8804) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Tatemono Co stock appears to be overvalued. The current stock price of 円3,318.00 is trading 14.9% above its estimated GF Value™ of 円2,887.85. GuruFocus considers Tokyo Tatemono Co to be Modestly Overvalued.

Key valuation signals for TSE:8804:

  • E10: 円195.92
  • GF Value™: 円2,887.85 vs. price of 円3,318.00 (14.9% above fair value)
  • GF Score™: 85/100 with 3 warning signs

No single metric tells the full story. See the TSE:8804 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Tatemono Co Business Description

Other Exchanges T6R:Germany
Address 1-4-16 Yaesu, Tokyo Tatemono Yaesu Building, Chuo-ku, Tokyo, JPN, 103-8285
Tokyo Tatemono Co Ltd is a Japan-based company engaged in the real estate business. The company operates through three reportable segments: Building Business, Housing Business, and Asset Service Business. The Building Business is involved in the development, leasing, sale, and management of office buildings, commercial facilities, and logistics properties. The Housing Business focuses on the development, sale, leasing, and management of condominiums and other residential properties. The Asset Service Business handles real estate purchases, brokerage, consulting, and parking lot development and operations. It generates the majority of its revenue from the Housing business segment.
85GF Score

Get the complete analysis for TSE:8804

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

円3,318.00
Price
円2,887.85
GF Value