Higashi Holdings Co (TSE:9029) E10: 円81.34 (As of Mar. 2026)

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TSE:9029 Higashi Holdings Co Ltd TSE:9029
93 GF Score
Price 円1,850.00
GF Value 円1,908.99
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Higashi Holdings Co E10?

Higashi Holdings Co TSE:9029 -0.64% 93 E10 is 円81.34 as of Mar. 2026. GuruFocus rates TSE:9029 with a GF Score™ of 93/100 and a GF Value™ of 円1,908.99 (Fairly Valued). The stock has 1 warning sign 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.

Higashi Holdings Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円41.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円81.34 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 16.50% 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 Higashi Holdings Co was 16.90% per year. The lowest was 7.20% per year. And the median was 12.70% per year.

As of today (2026-09-04), Higashi Holdings Co's current stock price is 円1850.00. Higashi Holdings Co's E10 for the quarter that ended in Mar. 2026 was 円81.34. Higashi Holdings Co's Shiller PE Ratio of today is 22.74.

During the past 13 years, the highest Shiller PE Ratio of Higashi Holdings Co was 27.76. The lowest was 11.61. And the median was 16.20.


Higashi Holdings Co  (TSE:9029) 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.

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

Shiller PE Ratio=Share Price/E10
=1850.00/81.34
=22.74

* 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 Higashi Holdings Co was 27.76. The lowest was 11.61. And the median was 16.20.


Be Aware

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


Higashi Holdings Co E10 Related Terms


Higashi Holdings Co E10 Historical Data

* Premium members only.

The historical data trend for Higashi 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.

Higashi Holdings Co E10 Chart

Higashi 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 43.64 51.49 60.61 0.00 81.34

Higashi Holdings 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 67.40 72.79 77.87 81.34 0.00

TSE:9029 vs UPS, FDX, EXPD: E10 Comparison

For the Integrated Freight & Logistics subindustry, Higashi 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.


Higashi Holdings Co Shiller PE Ratio vs Transportation Industry

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

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


TSE:9029
93GF Score
Higashi Holdings Co Ltd TSE:9029
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Higashi 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, Higashi 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)
=41.64/112.7000*112.7000
=41.640

Current CPI (Mar. 2026) = 112.7000.

Higashi Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201512 4.950 98.100 5.687
201603 -13.700 97.900 -15.771
201606 12.460 98.100 14.314
201609 9.790 98.000 11.259
201612 5.949 98.400 6.814
201703 12.805 98.100 14.711
201706 9.970 98.500 11.407
201709 6.040 98.800 6.890
201712 12.290 99.400 13.934
201803 9.984 99.200 11.343
201806 16.710 99.200 18.984
201809 6.190 99.900 6.983
201812 11.334 99.700 12.812
201903 10.400 99.700 11.756
201906 14.000 99.800 15.810
201909 19.701 100.100 22.181
201912 14.550 100.500 16.316
202003 5.330 100.300 5.989
202006 9.710 99.900 10.954
202009 16.310 99.900 18.400
202012 14.720 99.300 16.706
202103 10.590 99.900 11.947
202106 25.840 99.500 29.268
202109 15.270 100.100 17.192
202112 20.250 100.100 22.799
202203 24.552 101.100 27.369
202206 24.600 101.800 27.234
202209 22.210 103.100 24.278
202212 28.860 104.100 31.244
202303 21.148 104.400 22.829
202306 28.230 105.200 30.243
202309 28.250 106.200 29.979
202312 29.210 106.800 30.824
202403 28.800 107.200 30.278
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 38.910 111.700 39.258
202509 54.850 112.000 55.193
202512 63.850 113.000 63.680
202603 41.640 112.700 41.640

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81.34 mean?
Higashi Holdings Co (TSE:9029) has a E10 of 円81.34 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Higashi Holdings Co and its competitors.
Is Higashi Holdings Co's E10 too high?
Higashi Holdings Co's current E10 is 円81.34. Overall, Higashi Holdings Co has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Higashi Holdings Co's E10 compare to UPS and FDX?
Higashi Holdings Co's E10 of 円81.34 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 Higashi Holdings Co and its competitors. Higashi Holdings Co's current E10 is 円81.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Higashi Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Higashi Holdings Co (TSE:9029) is currently considered Fairly Valued. The stock's GF Value™ is 円1,908.99, compared to a current price of 円1,850.00 — trading 3.1% below its estimated fair value. The current E10 is 円81.34. Higashi Holdings Co's overall GF Score™ is 93/100 with 1 warning sign 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 Higashi Holdings Co (TSE:9029), the current E10 is 円81.34 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 Higashi Holdings Co (TSE:9029) Overvalued in 2026?

Based on GuruFocus' analysis, Higashi Holdings Co stock appears to be undervalued. The current stock price of 円1,850.00 is trading 3.1% below its estimated GF Value™ of 円1,908.99. GuruFocus considers Higashi Holdings Co to be Fairly Valued.

Key valuation signals for TSE:9029:

  • E10: 円81.34
  • GF Value™: 円1,908.99 vs. price of 円1,850.00 (3.1% below fair value)
  • GF Score™: 93/100 with 1 warning sign

No single metric tells the full story. See the TSE:9029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Higashi Holdings Co Business Description

Address 3-1-9 Uchikubojicho, Chuo-Ku, Osaka, JPN, 540-0013
Higashi Holdings Co Ltd is a Japan-based company that engages in the business of logistics services. Its operations are carried out through the following business division:3PL Services, Comprehensive logistics services, General affairs logistics and BPO solutions, Office relocation services, In-house logistics services, PC kitting and IT-related services, Nursing care equipment rental and sales service, and Other Solutions.
93GF Score

Get the complete analysis for TSE:9029

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

円1,850.00
Price
円1,908.99
GF Value