Tradia (TSE:9365) E10: 円170.54 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:9365 Tradia Corp TSE:9365
64 GF Score
Price 円1,620.00
GF Value 円1,336.15
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Tradia E10?

Tradia TSE:9365 +0.19% 64 E10 is 円170.54 as of Mar. 2026. GuruFocus rates TSE:9365 with a GF Score™ of 64/100 and a GF Value™ of 円1,336.15 (Modestly Overvalued). The stock has 7 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.

Tradia's adjusted earnings per share data for the three months ended in Mar. 2026 was 円0.010. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円170.54 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 14.20% 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 Tradia was 24.80% per year. The lowest was 7.10% per year. And the median was 14.20% per year.

As of today (2026-08-30), Tradia's current stock price is 円1620.00. Tradia's E10 for the quarter that ended in Mar. 2026 was 円170.54. Tradia's Shiller PE Ratio of today is 9.50.

During the past 13 years, the highest Shiller PE Ratio of Tradia was 31.57. The lowest was 7.69. And the median was 14.67.


Tradia  (TSE:9365) 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.

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

Shiller PE Ratio=Share Price/E10
=1620.00/170.54
=9.50

* 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 Tradia was 31.57. The lowest was 7.69. And the median was 14.67.


Be Aware

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


Tradia E10 Related Terms


Tradia E10 Historical Data

* Premium members only.

The historical data trend for Tradia'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.

Tradia E10 Chart

Tradia 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 82.86 114.47 135.48 0.00 170.54

Tradia 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 162.45 163.70 169.23 170.54 0.00

Tradia E10 Competitor Comparison

For the Marine Shipping subindustry, Tradia'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.


Tradia Shiller PE Ratio vs Transportation Industry

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

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


TSE:9365
64GF Score
Tradia Corp TSE:9365
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tradia 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, Tradia'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)
=0.01/112.7000*112.7000
=0.010

Current CPI (Mar. 2026) = 112.7000.

Tradia Quarterly Data

per share eps CPI Adj_EPS
201603 8.500 97.900 9.785
201606 -28.800 98.100 -33.086
201609 23.110 98.000 26.577
201612 22.510 98.400 25.781
201703 46.490 98.100 53.409
201706 25.830 98.500 29.554
201709 13.983 98.800 15.950
201712 48.579 99.400 55.079
201803 12.679 99.200 14.404
201806 44.590 99.200 50.658
201809 14.210 99.900 16.031
201812 53.250 99.700 60.193
201903 3.390 99.700 3.832
201906 16.540 99.800 18.678
201909 15.876 100.100 17.874
201912 15.330 100.500 17.191
202003 -12.940 100.300 -14.540
202006 -20.590 99.900 -23.228
202009 33.240 99.900 37.499
202012 36.450 99.300 41.369
202103 25.010 99.900 28.214
202106 80.220 99.500 90.862
202109 51.870 100.100 58.399
202112 78.131 100.100 87.966
202203 -0.979 101.100 -1.091
202206 64.510 101.800 71.417
202209 103.595 103.100 113.241
202212 186.270 104.100 201.658
202303 -0.430 104.400 -0.464
202306 64.000 105.200 68.563
202309 87.100 106.200 92.431
202312 54.610 106.800 57.627
202403 17.170 107.200 18.051
202406 51.510 108.200 53.652
202409 49.140 108.900 50.855
202503 0.000 111.100 0.000
202506 138.730 111.700 139.972
202509 46.730 112.000 47.022
202512 61.520 113.000 61.357
202603 0.010 112.700 0.010

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170.54 mean?
Tradia (TSE:9365) has a E10 of 円170.54 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tradia and its competitors.
Is Tradia's E10 too high?
Tradia's current E10 is 円170.54. Overall, Tradia has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tradia's E10 compare to competitors?
Tradia's E10 of 円170.54 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 Tradia and its competitors. Tradia's current E10 is 円170.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tradia stock overvalued right now?
Based on GuruFocus' analysis, Tradia (TSE:9365) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,336.15, compared to a current price of 円1,620.00 — trading 21.2% above its estimated fair value. The current E10 is 円170.54. Tradia's overall GF Score™ is 64/100 with 7 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 Tradia (TSE:9365), the current E10 is 円170.54 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 Tradia (TSE:9365) Overvalued in 2026?

Based on GuruFocus' analysis, Tradia stock appears to be overvalued. The current stock price of 円1,620.00 is trading 21.2% above its estimated GF Value™ of 円1,336.15. GuruFocus considers Tradia to be Modestly Overvalued.

Key valuation signals for TSE:9365:

  • E10: 円170.54
  • GF Value™: 円1,336.15 vs. price of 円1,620.00 (21.2% above fair value)
  • GF Score™: 64/100 with 7 warning signs

No single metric tells the full story. See the TSE:9365 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tradia Business Description

Address 1-2-22 Kaigan-dori, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 650 0024
Tradia Corp operates as a logistics specialist company that transports goods between Japan, India, China and other countries in Asia and around the world. It provides a wide range of services related to port transport and international shipping such as shipping and landing at the port of trade cargo, customs clearance, transportation, storage, inspection and distribution processing.
64GF Score

Get the complete analysis for TSE:9365

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

円1,620.00
Price
円1,336.15
GF Value