Toyo Logistics Co (TSE:9306) E10: 円170.40 (As of Mar. 2026)

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TSE:9306 Toyo Logistics Co Ltd TSE:9306
75 GF Score
Price 円2,009.00
GF Value 円1,641.63
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Toyo Logistics Co E10?

Toyo Logistics Co TSE:9306 +0.15% 75 E10 is 円170.40 as of Mar. 2026. GuruFocus rates TSE:9306 with a GF Score™ of 75/100 and a GF Value™ of 円1,641.63 (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.

Toyo Logistics Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円44.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円170.40 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 9.30% 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 Toyo Logistics Co was 12.30% per year. The lowest was 9.30% per year. And the median was 10.60% per year.

As of today (2026-09-01), Toyo Logistics Co's current stock price is 円2009.00. Toyo Logistics Co's E10 for the quarter that ended in Mar. 2026 was 円170.40. Toyo Logistics Co's Shiller PE Ratio of today is 11.79.

During the past 13 years, the highest Shiller PE Ratio of Toyo Logistics Co was 24.88. The lowest was 8.62. And the median was 13.43.


Toyo Logistics Co  (TSE:9306) 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.

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

Shiller PE Ratio=Share Price/E10
=2009.00/170.40
=11.79

* 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 Toyo Logistics Co was 24.88. The lowest was 8.62. And the median was 13.43.


Be Aware

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


Toyo Logistics Co E10 Related Terms


Toyo Logistics Co E10 Historical Data

* Premium members only.

The historical data trend for Toyo Logistics 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.

Toyo Logistics Co E10 Chart

Toyo Logistics 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 114.69 130.43 143.33 0.00 170.40

Toyo Logistics Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 161.42 163.95 169.60 170.40 0.00

TSE:9306 vs UPS, FDX, EXPD: E10 Comparison

For the Integrated Freight & Logistics subindustry, Toyo Logistics 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.


Toyo Logistics Co Shiller PE Ratio vs Transportation Industry

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

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


TSE:9306
75GF Score
Toyo Logistics Co Ltd TSE:9306
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Logistics 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, Toyo Logistics 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)
=44.1/112.7000*112.7000
=44.100

Current CPI (Mar. 2026) = 112.7000.

Toyo Logistics Co Quarterly Data

per share eps CPI Adj_EPS
201603 18.700 97.900 21.527
201606 25.600 98.100 29.410
201609 28.095 98.000 32.309
201612 24.628 98.400 28.207
201703 18.346 98.100 21.076
201706 27.150 98.500 31.064
201709 29.300 98.800 33.422
201712 47.000 99.400 53.289
201803 12.587 99.200 14.300
201806 39.150 99.200 44.478
201809 26.084 99.900 29.426
201812 46.994 99.700 53.122
201903 21.550 99.700 24.360
201906 31.350 99.800 35.402
201909 38.733 100.100 43.608
201912 38.292 100.500 42.940
202003 27.844 100.300 31.286
202006 35.250 99.900 39.767
202009 34.584 99.900 39.015
202012 52.509 99.300 59.595
202103 33.146 99.900 37.393
202106 52.300 99.500 59.238
202109 44.199 100.100 49.763
202112 56.200 100.100 63.274
202203 36.250 101.100 40.409
202206 53.500 101.800 59.228
202209 36.995 103.100 40.440
202212 45.735 104.100 49.513
202303 41.825 104.400 45.150
202306 56.500 105.200 60.528
202309 43.030 106.200 45.664
202312 54.200 106.800 57.194
202403 27.629 107.200 29.047
202406 46.920 108.200 48.871
202409 44.840 108.900 46.405
202503 0.000 111.100 0.000
202506 73.950 111.700 74.612
202509 45.260 112.000 45.543
202512 57.570 113.000 57.417
202603 44.100 112.700 44.100

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170.40 mean?
Toyo Logistics Co (TSE:9306) has a E10 of 円170.40 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Toyo Logistics Co and its competitors.
Is Toyo Logistics Co's E10 too high?
Toyo Logistics Co's current E10 is 円170.40. Overall, Toyo Logistics Co has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Logistics Co's E10 compare to UPS and FDX?
Toyo Logistics Co's E10 of 円170.40 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 Toyo Logistics Co and its competitors. Toyo Logistics Co's current E10 is 円170.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Logistics Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Logistics Co (TSE:9306) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,641.63, compared to a current price of 円2,009.00 — trading 22.4% above its estimated fair value. The current E10 is 円170.40. Toyo Logistics Co's overall GF Score™ is 75/100 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 Toyo Logistics Co (TSE:9306), the current E10 is 円170.40 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 Toyo Logistics Co (TSE:9306) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Logistics Co stock appears to be overvalued. The current stock price of 円2,009.00 is trading 22.4% above its estimated GF Value™ of 円1,641.63. GuruFocus considers Toyo Logistics Co to be Modestly Overvalued.

Key valuation signals for TSE:9306:

  • E10: 円170.40
  • GF Value™: 円1,641.63 vs. price of 円2,009.00 (22.4% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the TSE:9306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Logistics Co Business Description

Address No. 17 No. 6-chome Nakamura-ku, Nagoya, JPN
Toyo Logistics Co Ltd is a Japan-based company operating in the logistics sector. It is mainly engaged in providing warehousing and transportation services. The company offers international and domestic logistics. In international logistics, the company offers import, export, and international transportation services including customs clearance and ship handling. The company also offers domestic logistics services including trunk room, document storage center, and book storage services. Toyo is also engaged in real estate business including design, construction, management, and development of products.
75GF Score

Get the complete analysis for TSE:9306

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

円2,009.00
Price
円1,641.63
GF Value