Niigata Kotsu Co (TSE:9017) E10: 円185.52 (As of Mar. 2026)

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TSE:9017 Niigata Kotsu Co Ltd TSE:9017
66 GF Score
Price 円1,997.00
GF Value 円2,234.60
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Niigata Kotsu Co E10?

Niigata Kotsu Co TSE:9017 -0.05% 66 E10 is 円185.52 as of Mar. 2026. GuruFocus rates TSE:9017 with a GF Score™ of 66/100 and a GF Value™ of 円2,234.60 (Modestly Undervalued). 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.

Niigata Kotsu Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円57.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円185.52 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 4.70% 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 Niigata Kotsu Co was 5.60% per year. The lowest was -9.10% per year. And the median was -4.20% per year.

As of today (2026-08-30), Niigata Kotsu Co's current stock price is 円1997.00. Niigata Kotsu Co's E10 for the quarter that ended in Mar. 2026 was 円185.52. Niigata Kotsu Co's Shiller PE Ratio of today is 10.76.

During the past 13 years, the highest Shiller PE Ratio of Niigata Kotsu Co was 14.84. The lowest was 10.55. And the median was 11.58.


Niigata Kotsu Co  (TSE:9017) 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.

Niigata Kotsu Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1997.00/185.52
=10.76

* 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 Niigata Kotsu Co was 14.84. The lowest was 10.55. And the median was 11.58.


Be Aware

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


Niigata Kotsu Co E10 Related Terms


Niigata Kotsu Co E10 Historical Data

* Premium members only.

The historical data trend for Niigata Kotsu 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.

Niigata Kotsu Co E10 Chart

Niigata Kotsu 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 137.09 161.44 178.80 0.00 185.52

Niigata Kotsu Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 185.72 188.33 189.93 185.52 0.00

TSE:9017 vs UNP, CSX, NSC: E10 Comparison

For the Railroads subindustry, Niigata Kotsu 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.


Niigata Kotsu Co Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Niigata Kotsu Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:9017
66GF Score
Niigata Kotsu Co Ltd TSE:9017
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Niigata Kotsu 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, Niigata Kotsu 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)
=57.01/112.7000*112.7000
=57.010

Current CPI (Mar. 2026) = 112.7000.

Niigata Kotsu Co Quarterly Data

per share eps CPI Adj_EPS
201512 37.096 98.100 42.617
201603 140.790 97.900 162.074
201606 57.900 98.100 66.517
201609 56.020 98.000 64.423
201612 55.230 98.400 63.256
201703 120.008 98.100 137.869
201706 59.400 98.500 67.963
201709 51.190 98.800 58.392
201712 64.350 99.400 72.960
201803 114.736 99.200 130.350
201806 56.040 99.200 63.666
201809 38.613 99.900 43.560
201812 41.930 99.700 47.397
201903 100.194 99.700 113.258
201906 53.650 99.800 60.585
201909 58.762 100.100 66.159
201912 22.367 100.500 25.082
202003 34.659 100.300 38.944
202006 -207.430 99.900 -234.008
202009 -9.210 99.900 -10.390
202012 17.135 99.300 19.447
202103 -53.690 99.900 -60.569
202106 -21.960 99.500 -24.873
202109 -48.030 100.100 -54.076
202112 6.299 100.100 7.092
202203 -49.373 101.100 -55.038
202206 81.900 101.800 90.669
202209 77.012 103.100 84.183
202212 51.507 104.100 55.762
202303 23.282 104.400 25.133
202306 70.900 105.200 75.955
202309 78.186 106.200 82.971
202312 84.130 106.800 88.778
202403 43.980 107.200 46.236
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 57.810 111.700 58.328
202509 107.540 112.000 108.212
202512 76.780 113.000 76.576
202603 57.010 112.700 57.010

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185.52 mean?
Niigata Kotsu Co (TSE:9017) has a E10 of 円185.52 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Niigata Kotsu Co and its competitors.
Is Niigata Kotsu Co's E10 too high?
Niigata Kotsu Co's current E10 is 円185.52. Overall, Niigata Kotsu Co has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Niigata Kotsu Co's E10 compare to UNP and CSX?
Niigata Kotsu Co's E10 of 円185.52 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Niigata Kotsu Co and its competitors. Niigata Kotsu Co's current E10 is 円185.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niigata Kotsu Co stock overvalued right now?
Based on GuruFocus' analysis, Niigata Kotsu Co (TSE:9017) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,234.60, compared to a current price of 円1,997.00 — trading 10.6% below its estimated fair value. The current E10 is 円185.52. Niigata Kotsu Co's overall GF Score™ is 66/100 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 Niigata Kotsu Co (TSE:9017), the current E10 is 円185.52 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 Niigata Kotsu Co (TSE:9017) Overvalued in 2026?

Based on GuruFocus' analysis, Niigata Kotsu Co stock appears to be undervalued. The current stock price of 円1,997.00 is trading 10.6% below its estimated GF Value™ of 円2,234.60. GuruFocus considers Niigata Kotsu Co to be Modestly Undervalued.

Key valuation signals for TSE:9017:

  • E10: 円185.52
  • GF Value™: 円2,234.60 vs. price of 円1,997.00 (10.6% below fair value)
  • GF Score™: 66/100 with 3 warning signs

No single metric tells the full story. See the TSE:9017 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Niigata Kotsu Co Business Description

Address 1-6-1 Bandai Chuo-ku, Niigata, JPN, 950-8544
Niigata Kotsu Co Ltd provides passenger transport services in Japan. The company's core business activities are categorised into four key segments - Transport, Real Estate, Products Sales, and Ryokan Business. The majority of its revenue is derived from the Transport business segment. It offers stagecoach bus and coach services; hotel and restaurant services; advertising agency services; air transport agency services. In addition, the company is involved in the parking lot management.
66GF Score

Get the complete analysis for TSE:9017

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

円1,997.00
Price
円2,234.60
GF Value