Hamakyorex Co (TSE:9037) E10: 円103.61 (As of Mar. 2026)

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TSE:9037 Hamakyorex Co Ltd TSE:9037
89 GF Score
Price 円1,843.00
GF Value 円1,396.17
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hamakyorex Co E10?

Hamakyorex Co TSE:9037 +0.77% 89 E10 is 円103.61 as of Mar. 2026. GuruFocus rates TSE:9037 with a GF Score™ of 89/100 and a GF Value™ of 円1,396.17 (Significantly 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.

Hamakyorex Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円41.620. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円103.61 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hamakyorex Co's average E10 Growth Rate was 9.00% per year. During the past 3 years, the average E10 Growth Rate was 9.80% per year. During the past 5 years, the average E10 Growth Rate was 9.50% 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 Hamakyorex Co was 10.00% per year. The lowest was 7.20% per year. And the median was 8.40% per year.

As of today (2026-07-16), Hamakyorex Co's current stock price is 円1843.00. Hamakyorex Co's E10 for the quarter that ended in Mar. 2026 was 円103.61. Hamakyorex Co's Shiller PE Ratio of today is 17.79.

During the past 13 years, the highest Shiller PE Ratio of Hamakyorex Co was 19.70. The lowest was 9.20. And the median was 12.84.


Hamakyorex Co  (TSE:9037) 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.

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

Shiller PE Ratio=Share Price/E10
=1843.00/103.61
=17.79

* 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 Hamakyorex Co was 19.70. The lowest was 9.20. And the median was 12.84.


Be Aware

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


Hamakyorex Co E10 Related Terms


Hamakyorex Co E10 Historical Data

* Premium members only.

The historical data trend for Hamakyorex 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.

Hamakyorex Co E10 Chart

Hamakyorex 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 71.34 78.29 86.37 95.08 103.61

Hamakyorex 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 95.08 96.97 98.66 101.23 103.61

TSE:9037 vs UPS, FDX, JBHT: E10 Comparison

For the Integrated Freight & Logistics subindustry, Hamakyorex 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.


Hamakyorex Co Shiller PE Ratio vs Transportation Industry

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

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


TSE:9037
89GF Score
Hamakyorex Co Ltd TSE:9037
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hamakyorex 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, Hamakyorex 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)
=41.62/112.7000*112.7000
=41.620

Current CPI (Mar. 2026) = 112.7000.

Hamakyorex Co Quarterly Data

per share eps CPI Adj_EPS
201606 15.605 98.100 17.927
201609 15.206 98.000 17.487
201612 20.253 98.400 23.196
201703 15.403 98.100 17.695
201706 17.095 98.500 19.559
201709 16.074 98.800 18.335
201712 21.463 99.400 24.335
201803 18.703 99.200 21.248
201806 19.065 99.200 21.660
201809 18.218 99.900 20.552
201812 25.050 99.700 28.316
201903 15.338 99.700 17.338
201906 20.100 99.800 22.698
201909 20.310 100.100 22.867
201912 23.150 100.500 25.960
202003 18.438 100.300 20.717
202006 20.380 99.900 22.991
202009 21.488 99.900 24.241
202012 26.325 99.300 29.877
202103 17.219 99.900 19.425
202106 23.953 99.500 27.131
202109 21.145 100.100 23.807
202112 26.294 100.100 29.604
202203 23.308 101.100 25.982
202206 26.068 101.800 28.859
202209 22.690 103.100 24.803
202212 28.530 104.100 30.887
202303 21.185 104.400 22.869
202306 25.428 105.200 27.241
202309 24.551 106.200 26.054
202312 31.945 106.800 33.710
202403 28.695 107.200 30.167
202406 28.720 108.200 29.914
202409 28.630 108.900 29.629
202412 35.040 110.700 35.673
202503 27.740 111.100 28.139
202506 33.630 111.700 33.931
202509 31.650 112.000 31.848
202512 37.930 113.000 37.829
202603 41.620 112.700 41.620

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103.61 mean?
Hamakyorex Co (TSE:9037) has a E10 of 円103.61 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hamakyorex Co and its competitors.
Is Hamakyorex Co's E10 too high?
Hamakyorex Co's current E10 is 円103.61. Overall, Hamakyorex Co has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hamakyorex Co's E10 compare to UPS and FDX?
Hamakyorex Co's E10 of 円103.61 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 Hamakyorex Co and its competitors. Hamakyorex Co's current E10 is 円103.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hamakyorex Co stock overvalued right now?
Based on GuruFocus' analysis, Hamakyorex Co (TSE:9037) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,396.17, compared to a current price of 円1,843.00 — trading 32% above its estimated fair value. The current E10 is 円103.61. Hamakyorex Co's overall GF Score™ is 89/100 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 Hamakyorex Co (TSE:9037), the current E10 is 円103.61 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 Hamakyorex Co (TSE:9037) Overvalued in 2026?

Based on GuruFocus' analysis, Hamakyorex Co stock appears to be overvalued. The current stock price of 円1,843.00 is trading 32% above its estimated GF Value™ of 円1,396.17. GuruFocus considers Hamakyorex Co to be Significantly Overvalued.

Key valuation signals for TSE:9037:

  • E10: 円103.61
  • GF Value™: 円1,396.17 vs. price of 円1,843.00 (32% above fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the TSE:9037 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hamakyorex Co Business Description

Address 1701-1 Terawaki-cho, Minami-ku, Shizuoka, Hamamatsu-shi, JPN, 430 0841
Hamakyorex Co Ltd is a Japan based company engaged in the provision of logistics services. Its business activities include apparel physical distribution, medical equipment logistics, cosmetic logistics, bedding logistics, EC logistics, food distribution, miscellaneous goods distribution and other related activities.
89GF Score

Get the complete analysis for TSE:9037

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

円1,843.00
Price
円1,396.17
GF Value