Nisshin Group Holdings Co (TSE:8881) E10: 円86.52 (As of Mar. 2026)

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TSE:8881 Nisshin Group Holdings Co Ltd TSE:8881
68 GF Score
Price 円666.00
GF Value 円577.87
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Nisshin Group Holdings Co E10?

Nisshin Group Holdings Co TSE:8881 -0.15% 68 E10 is 円86.52 as of Mar. 2026. GuruFocus rates TSE:8881 with a GF Score™ of 68/100 and a GF Value™ of 円577.87 (Modestly Overvalued). The stock has 2 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.

Nisshin Group Holdings Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円35.470. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円86.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nisshin Group Holdings Co's average E10 Growth Rate was 0.90% per year. During the past 3 years, the average E10 Growth Rate was 0.40% per year. During the past 5 years, the average E10 Growth Rate was 1.90% 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 Nisshin Group Holdings Co was 22.60% per year. The lowest was 0.40% per year. And the median was 2.35% per year.

As of today (2026-07-21), Nisshin Group Holdings Co's current stock price is 円666.00. Nisshin Group Holdings Co's E10 for the quarter that ended in Mar. 2026 was 円86.52. Nisshin Group Holdings Co's Shiller PE Ratio of today is 7.70.

During the past 13 years, the highest Shiller PE Ratio of Nisshin Group Holdings Co was 19.78. The lowest was 4.16. And the median was 6.14.


Nisshin Group Holdings Co  (TSE:8881) 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.

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

Shiller PE Ratio=Share Price/E10
=666.00/86.52
=7.70

* 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 Nisshin Group Holdings Co was 19.78. The lowest was 4.16. And the median was 6.14.


Be Aware

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


Nisshin Group Holdings Co E10 Related Terms


Nisshin Group Holdings Co E10 Historical Data

* Premium members only.

The historical data trend for Nisshin Group Holdings 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.

Nisshin Group Holdings Co E10 Chart

Nisshin Group Holdings 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 80.67 85.54 85.16 85.75 86.52

Nisshin Group Holdings 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 85.75 86.47 88.88 89.25 86.52

TSE:8881 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Nisshin Group Holdings 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.


Nisshin Group Holdings Co Shiller PE Ratio vs Real Estate Industry

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

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


TSE:8881
68GF Score
Nisshin Group Holdings Co Ltd TSE:8881
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nisshin Group Holdings 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, Nisshin Group Holdings 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)
=35.47/112.7000*112.7000
=35.470

Current CPI (Mar. 2026) = 112.7000.

Nisshin Group Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201606 11.130 98.100 12.786
201609 36.720 98.000 42.228
201612 19.080 98.400 21.853
201703 56.999 98.100 65.482
201706 14.000 98.500 16.018
201709 31.789 98.800 36.261
201712 12.385 99.400 14.042
201803 42.830 99.200 48.659
201806 4.450 99.200 5.056
201809 21.430 99.900 24.176
201812 10.516 99.700 11.887
201903 52.839 99.700 59.729
201906 8.300 99.800 9.373
201909 35.190 100.100 39.620
201912 11.575 100.500 12.980
202003 29.118 100.300 32.718
202006 3.210 99.900 3.621
202009 14.450 99.900 16.301
202012 23.450 99.300 26.614
202103 31.857 99.900 35.939
202106 1.740 99.500 1.971
202109 7.831 100.100 8.817
202112 6.028 100.100 6.787
202203 59.650 101.100 66.494
202206 -3.550 101.800 -3.930
202209 8.700 103.100 9.510
202212 -3.677 104.100 -3.981
202303 57.638 104.400 62.220
202306 -7.000 105.200 -7.499
202309 -3.450 106.200 -3.661
202312 -0.747 106.800 -0.788
202403 56.220 107.200 59.104
202406 -3.760 108.200 -3.916
202409 7.070 108.900 7.317
202412 3.030 110.700 3.085
202503 37.680 111.100 38.223
202506 9.430 111.700 9.514
202509 34.870 112.000 35.088
202512 10.070 113.000 10.043
202603 35.470 112.700 35.470

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86.52 mean?
Nisshin Group Holdings Co (TSE:8881) has a E10 of 円86.52 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nisshin Group Holdings Co and its competitors.
Is Nisshin Group Holdings Co's E10 too high?
Nisshin Group Holdings Co's current E10 is 円86.52. Overall, Nisshin Group Holdings Co has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nisshin Group Holdings Co's E10 compare to CBRE and BEKE?
Nisshin Group Holdings Co's E10 of 円86.52 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 Nisshin Group Holdings Co and its competitors. Nisshin Group Holdings Co's current E10 is 円86.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nisshin Group Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nisshin Group Holdings Co (TSE:8881) is currently considered Modestly Overvalued. The stock's GF Value™ is 円577.87, compared to a current price of 円666.00 — trading 15.3% above its estimated fair value. The current E10 is 円86.52. Nisshin Group Holdings Co's overall GF Score™ is 68/100 with 2 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 Nisshin Group Holdings Co (TSE:8881), the current E10 is 円86.52 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 Nisshin Group Holdings Co (TSE:8881) Overvalued in 2026?

Based on GuruFocus' analysis, Nisshin Group Holdings Co stock appears to be overvalued. The current stock price of 円666.00 is trading 15.3% above its estimated GF Value™ of 円577.87. GuruFocus considers Nisshin Group Holdings Co to be Modestly Overvalued.

Key valuation signals for TSE:8881:

  • E10: 円86.52
  • GF Value™: 円577.87 vs. price of 円666.00 (15.3% above fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the TSE:8881 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nisshin Group Holdings Co Business Description

Address 5-8-1, Shinjuku, Tokyo, JPN, 160-8411
Nisshin Group Holdings Co Ltd is a Japan-based company operating in the real estate sector. The company is primarily engaged in the planning, development, and sale of apartments. It sells apartments under the brand name Palais Stage and Duo stage. The company is also engaged in building and apartment rental work, renovation, second-hand property, new construction condominium and general real estate business. Nisshin Fudosan has properties located at Tokyo, Kanagawa, Saitama in Japan.
68GF Score

Get the complete analysis for TSE:8881

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

円666.00
Price
円577.87
GF Value