Rinko (TSE:9355) E10: 円107.98 (As of Mar. 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:9355 Rinko Corp TSE:9355
49 GF Score
Price 円2,260.00
GF Value 円1,869.82
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Rinko E10?

Rinko TSE:9355 -0.35% 49 E10 is 円107.98 as of Mar. 2026. GuruFocus rates TSE:9355 with a GF Score™ of 49/100 and a GF Value™ of 円1,869.82 (Modestly Overvalued). The stock has 8 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.

Rinko's adjusted earnings per share data for the three months ended in Mar. 2026 was 円166.910. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円107.98 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 12.70% 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 Rinko was 100.80% per year. The lowest was -16.20% per year. And the median was 7.60% per year.

As of today (2026-09-01), Rinko's current stock price is 円2260.00. Rinko's E10 for the quarter that ended in Mar. 2026 was 円107.98. Rinko's Shiller PE Ratio of today is 20.93.

During the past 13 years, the highest Shiller PE Ratio of Rinko was 272.37. The lowest was 15.07. And the median was 21.90.


Rinko  (TSE:9355) 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.

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

Shiller PE Ratio=Share Price/E10
=2260.00/107.98
=20.93

* 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 Rinko was 272.37. The lowest was 15.07. And the median was 21.90.


Be Aware

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


Rinko E10 Related Terms


Rinko E10 Historical Data

* Premium members only.

The historical data trend for Rinko'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.

Rinko E10 Chart

Rinko 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 62.04 75.50 81.32 0.00 107.98

Rinko 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 84.81 91.67 97.08 107.98 0.00

TSE:9355 vs UPS, FDX, EXPD: E10 Comparison

For the Integrated Freight & Logistics subindustry, Rinko'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.


Rinko Shiller PE Ratio vs Transportation Industry

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

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


TSE:9355
49GF Score
Rinko Corp TSE:9355
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rinko 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, Rinko'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)
=166.91/112.7000*112.7000
=166.910

Current CPI (Mar. 2026) = 112.7000.

Rinko Quarterly Data

per share eps CPI Adj_EPS
201512 48.400 98.100 55.603
201603 6.982 97.900 8.038
201606 49.400 98.100 56.752
201609 50.219 98.000 57.752
201612 41.772 98.400 47.843
201703 -24.150 98.100 -27.744
201706 32.730 98.500 37.448
201709 -15.150 98.800 -17.281
201712 95.347 99.400 108.105
201803 52.098 99.200 59.188
201806 74.420 99.200 84.548
201809 50.050 99.900 56.463
201812 72.147 99.700 81.554
201903 13.800 99.700 15.599
201906 48.470 99.800 54.735
201909 27.490 100.100 30.950
201912 63.038 100.500 70.690
202003 -102.004 100.300 -114.615
202006 -44.960 99.900 -50.721
202009 -101.501 99.900 -114.506
202012 -270.690 99.300 -307.218
202103 -163.316 99.900 -184.241
202106 -32.160 99.500 -36.426
202109 103.440 100.100 116.460
202112 51.297 100.100 57.754
202203 46.150 101.100 51.445
202206 156.140 101.800 172.858
202209 9.080 103.100 9.925
202212 44.739 104.100 48.435
202303 43.347 104.400 46.793
202306 78.680 105.200 84.289
202309 9.610 106.200 10.198
202312 58.630 106.800 61.869
202403 -15.065 107.200 -15.838
202409 0.000 108.900 0.000
202503 0.000 111.100 0.000
202506 56.550 111.700 57.056
202509 93.870 112.000 94.457
202512 90.920 113.000 90.679
202603 166.910 112.700 166.910

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107.98 mean?
Rinko (TSE:9355) has a E10 of 円107.98 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Rinko and its competitors.
Is Rinko's E10 too high?
Rinko's current E10 is 円107.98. Overall, Rinko has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rinko's E10 compare to UPS and FDX?
Rinko's E10 of 円107.98 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 Rinko and its competitors. Rinko's current E10 is 円107.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rinko stock overvalued right now?
Based on GuruFocus' analysis, Rinko (TSE:9355) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,869.82, compared to a current price of 円2,260.00 — trading 20.9% above its estimated fair value. The current E10 is 円107.98. Rinko's overall GF Score™ is 49/100 with 8 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 Rinko (TSE:9355), the current E10 is 円107.98 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 Rinko (TSE:9355) Overvalued in 2026?

Based on GuruFocus' analysis, Rinko stock appears to be overvalued. The current stock price of 円2,260.00 is trading 20.9% above its estimated GF Value™ of 円1,869.82. GuruFocus considers Rinko to be Modestly Overvalued.

Key valuation signals for TSE:9355:

  • E10: 円107.98
  • GF Value™: 円1,869.82 vs. price of 円2,260.00 (20.9% above fair value)
  • GF Score™: 49/100 with 8 warning signs

No single metric tells the full story. See the TSE:9355 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rinko Business Description

Address 1-8-21 Shibakoen, 4th Floor, Tokyo Branch Office Shibakoen Ridge Building, Minato-ku, Tokyo, JPN, 950-8540
Rinko Corp is a marine transportation company. It offers harbor transportation services such as loading/discharging at the shipside or shore side, and customs brokerage. In addition, the company arranges every type of nationwide transportation, any type of container, cases, bulk cargoes, liquid cargoes, and temperature-controlled cargoes.
49GF Score

Get the complete analysis for TSE:9355

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

円2,260.00
Price
円1,869.82
GF Value