Cosmos Initia Co (TSE:8844) E10: 円126.31 (As of Mar. 2026)

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Vera Yuan
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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.
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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:8844 Cosmos Initia Co Ltd TSE:8844
63 GF Score
Price 円1,378.00
GF Value 円1,023.50
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Cosmos Initia Co E10?

Cosmos Initia Co TSE:8844 -0.93% 63 E10 is 円126.31 as of Mar. 2026. GuruFocus rates TSE:8844 with a GF Score™ of 63/100 and a GF Value™ of 円1,023.50 (Significantly Overvalued). The stock has 7 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.

Cosmos Initia Co's adjusted earnings per share data for the fiscal year that ended in Mar. 2026 was 円242.983. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円126.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cosmos Initia Co's average E10 Growth Rate was 12.00% per year. During the past 3 years, the average E10 Growth Rate was 13.60% per year. During the past 5 years, the average E10 Growth Rate was 19.90% 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 Cosmos Initia Co was 36.70% per year. The lowest was -32.30% per year. And the median was 22.50% per year.

As of today (2026-07-20), Cosmos Initia Co's current stock price is 円 1378.00. Cosmos Initia Co's E10 for the fiscal year that ended in Mar. 2026 was 円126.31. Cosmos Initia Co's Shiller PE Ratio of today is 10.91.

During the past 13 years, the highest Shiller PE Ratio of Cosmos Initia Co was 43.92. The lowest was 2.68. And the median was 8.41.


Cosmos Initia Co  (TSE:8844) 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.

Cosmos Initia Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1378.00/126.31
=10.91

* 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 Cosmos Initia Co was 43.92. The lowest was 2.68. And the median was 8.41.


Be Aware

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


Cosmos Initia Co E10 Related Terms


Cosmos Initia Co E10 Historical Data

* Premium members only.

The historical data trend for Cosmos Initia 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.

Cosmos Initia Co E10 Chart

Cosmos Initia 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 58.84 86.20 99.23 112.74 126.31

Cosmos Initia Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 99.23 0.00 112.74 0.00 126.31

TSE:8844 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Cosmos Initia 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.


Cosmos Initia Co Shiller PE Ratio vs Real Estate Industry

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

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


TSE:8844
63GF Score
Cosmos Initia Co Ltd TSE:8844
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cosmos Initia 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, Cosmos Initia Co's adjusted earnings per share data for the fiscal year that ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=242.983/112.7000*112.7000
=242.983

Current CPI (Mar. 2026) = 112.7000.

Cosmos Initia Co Annual Data

per_share_eps CPI Adj_EPS
201703 89.380 98.100 102.682
201803 108.980 99.200 123.811
201903 134.550 99.700 152.094
202003 100.880 100.300 113.352
202103 59.250 99.900 66.842
202203 50.290 101.100 56.060
202303 104.780 104.400 113.110
202403 126.330 107.200 132.811
202503 157.062 111.100 159.324
202603 242.983 112.700 242.983

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126.31 mean?
Cosmos Initia Co (TSE:8844) has a E10 of 円126.31 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Cosmos Initia Co and its competitors.
Is Cosmos Initia Co's E10 too high?
Cosmos Initia Co's current E10 is 円126.31. Overall, Cosmos Initia Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cosmos Initia Co's E10 compare to CBRE and BEKE?
Cosmos Initia Co's E10 of 円126.31 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 Cosmos Initia Co and its competitors. Cosmos Initia Co's current E10 is 円126.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cosmos Initia Co stock overvalued right now?
Based on GuruFocus' analysis, Cosmos Initia Co (TSE:8844) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,023.50, compared to a current price of 円1,378.00 — trading 34.6% above its estimated fair value. The current E10 is 円126.31. Cosmos Initia Co's overall GF Score™ is 63/100 with 7 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 Cosmos Initia Co (TSE:8844), the current E10 is 円126.31 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 Cosmos Initia Co (TSE:8844) Overvalued in 2026?

Based on GuruFocus' analysis, Cosmos Initia Co stock appears to be overvalued. The current stock price of 円1,378.00 is trading 34.6% above its estimated GF Value™ of 円1,023.50. GuruFocus considers Cosmos Initia Co to be Significantly Overvalued.

Key valuation signals for TSE:8844:

  • E10: 円126.31
  • GF Value™: 円1,023.50 vs. price of 円1,378.00 (34.6% above fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the TSE:8844 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cosmos Initia Co Business Description

Address Shiba 5-34-6, Shintamachi Building, Minato-ku, Tokyo, JPN, 108-8416
Cosmos Initia Co Ltd is a real estate company. The company is engaged in the construction, leasing, and sale of real estate. The company also offers real estate rental and real estate brokerage.
63GF Score

Get the complete analysis for TSE:8844

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

円1,378.00
Price
円1,023.50
GF Value