Nippon Kanzai Holdings Co (TSE:9347) E10: 円157.44 (As of Mar. 2026)


TSE:9347 Nippon Kanzai Holdings Co Ltd TSE:9347
88 GF Score
Price 円2,631.00
GF Value 円3,274.55
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Nippon Kanzai Holdings Co E10?

Nippon Kanzai Holdings Co TSE:9347 -0.75% 88 E10 is 円157.44 as of Mar. 2026. GuruFocus rates TSE:9347 with a GF Score™ of 88/100 and a GF Value™ of 円3,274.55 (Modestly Undervalued). 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.

Nippon Kanzai Holdings Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円42.440. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円157.44 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nippon Kanzai Holdings Co's average E10 Growth Rate was 5.00% per year. During the past 3 years, the average E10 Growth Rate was 2.90% per year. During the past 5 years, the average E10 Growth Rate was 3.10% 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 Nippon Kanzai Holdings Co was 4.70% per year. The lowest was 2.80% per year. And the median was 3.80% per year.

As of today (2026-07-02), Nippon Kanzai Holdings Co's current stock price is 円2631.00. Nippon Kanzai Holdings Co's E10 for the quarter that ended in Mar. 2026 was 円157.44. Nippon Kanzai Holdings Co's Shiller PE Ratio of today is 16.71.

During the past 13 years, the highest Shiller PE Ratio of Nippon Kanzai Holdings Co was 20.60. The lowest was 11.43. And the median was 17.13.


Nippon Kanzai Holdings Co  (TSE:9347) 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.

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

Shiller PE Ratio=Share Price/E10
=2631.00/157.44
=16.71

* 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 Nippon Kanzai Holdings Co was 20.60. The lowest was 11.43. And the median was 17.13.


Be Aware

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


Nippon Kanzai Holdings Co E10 Related Terms


Nippon Kanzai Holdings Co E10 Historical Data

* Premium members only.

The historical data trend for Nippon Kanzai 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.

Nippon Kanzai Holdings Co E10 Chart

Nippon Kanzai Holdings Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 138.14 144.47 151.11 149.89 157.44

Nippon Kanzai Holdings Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 149.89 152.88 153.73 157.09 157.44

TSE:9347 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Nippon Kanzai 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.


Nippon Kanzai Holdings Co Shiller PE Ratio vs Real Estate Industry

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

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


TSE:9347
88GF Score
Nippon Kanzai Holdings Co Ltd TSE:9347
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Kanzai 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, Nippon Kanzai 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)
=42.44/112.7000*112.7000
=42.440

Current CPI (Mar. 2026) = 112.7000.

Nippon Kanzai Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201603 19.490 97.900 22.436
201606 24.170 98.100 27.767
201609 34.320 98.000 39.468
201612 28.220 98.400 32.321
201703 36.718 98.100 42.183
201706 24.540 98.500 28.078
201709 37.366 98.800 42.623
201712 37.880 99.400 42.948
201803 29.540 99.200 33.560
201806 26.810 99.200 30.459
201809 28.300 99.900 31.926
201812 42.650 99.700 48.211
201903 27.170 99.700 30.713
201906 26.170 99.800 29.553
201909 32.560 100.100 36.658
201912 33.830 100.500 37.937
202003 24.660 100.300 27.709
202006 23.670 99.900 26.703
202009 29.300 99.900 33.054
202012 42.077 99.300 47.755
202103 42.690 99.900 48.160
202106 29.450 99.500 33.357
202109 61.500 100.100 69.241
202112 35.711 100.100 40.206
202203 38.570 101.100 42.995
202206 43.670 101.800 48.346
202209 38.413 103.100 41.990
202212 36.020 104.100 38.996
202306 41.030 105.200 43.955
202309 40.440 106.200 42.915
202312 42.520 106.800 44.869
202403 27.954 107.200 29.388
202406 11.490 108.200 11.968
202409 49.700 108.900 51.434
202412 17.210 110.700 17.521
202503 79.220 111.100 80.361
202506 53.520 111.700 53.999
202509 48.440 112.000 48.743
202512 51.630 113.000 51.493
202603 42.440 112.700 42.440

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157.44 mean?
Nippon Kanzai Holdings Co (TSE:9347) has a E10 of 円157.44 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nippon Kanzai Holdings Co and its competitors.
Is Nippon Kanzai Holdings Co's E10 too high?
Nippon Kanzai Holdings Co's current E10 is 円157.44. Overall, Nippon Kanzai Holdings Co has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Kanzai Holdings Co's E10 compare to CBRE and BEKE?
Nippon Kanzai Holdings Co's E10 of 円157.44 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 Nippon Kanzai Holdings Co and its competitors. Nippon Kanzai Holdings Co's current E10 is 円157.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Kanzai Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Kanzai Holdings Co (TSE:9347) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,274.55, compared to a current price of 円2,631.00 — trading 19.7% below its estimated fair value. The current E10 is 円157.44. Nippon Kanzai Holdings Co's overall GF Score™ is 88/100 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 Nippon Kanzai Holdings Co (TSE:9347), the current E10 is 円157.44 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 Nippon Kanzai Holdings Co (TSE:9347) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Kanzai Holdings Co stock appears to be undervalued. The current stock price of 円2,631.00 is trading 19.7% below its estimated GF Value™ of 円3,274.55. GuruFocus considers Nippon Kanzai Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:9347:

  • E10: 円157.44
  • GF Value™: 円3,274.55 vs. price of 円2,631.00 (19.7% below fair value)
  • GF Score™: 88/100 with 1 warning sign

No single metric tells the full story. See the TSE:9347 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Kanzai Holdings Co Business Description

Address 9-16 Rokutojicho, Hyogo Prefecture, Nishinomiya, JPN, 662-8588
Nippon Kanzai Holdings Co Ltd is a Japan-based fund management company. Itengaged in a wide range of comprehensive building management services, Security and Guard Services, Construction-related services for general tenant buildings and government facilities, real estate fund management services, and Others. The company's business segments include Building Management and Operation Business, Environmental Facility Management Business, Real Estate Fund Management Business, and Other Businesses which consist mainly of event planning and management, printing and design, among others. The company generates the majority of its revenue from the Building Management and Operation Business.
88GF Score

Get the complete analysis for TSE:9347

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

円2,631.00
Price
円3,274.55
GF Value