Azuma Shipping Co (TSE:9380) E10: 円17.58 (As of Mar. 2026)

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TSE:9380 Azuma Shipping Co Ltd TSE:9380
54 GF Score
Price 円438.00
GF Value 円322.18
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Azuma Shipping Co E10?

Azuma Shipping Co TSE:9380 +0.23% 54 E10 is 円17.58 as of Mar. 2026. GuruFocus rates TSE:9380 with a GF Score™ of 54/100 and a GF Value™ of 円322.18 (Significantly Overvalued). The stock has 4 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.

Azuma Shipping Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円11.392. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円17.58 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -1.20% 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 Azuma Shipping Co was 5.60% per year. The lowest was -1.20% per year. And the median was 2.10% per year.

As of today (2026-08-28), Azuma Shipping Co's current stock price is 円438.00. Azuma Shipping Co's E10 for the quarter that ended in Mar. 2026 was 円17.58. Azuma Shipping Co's Shiller PE Ratio of today is 24.91.

During the past 13 years, the highest Shiller PE Ratio of Azuma Shipping Co was 26.68. The lowest was 12.59. And the median was 17.47.


Azuma Shipping Co  (TSE:9380) 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.

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

Shiller PE Ratio=Share Price/E10
=438.00/17.58
=24.91

* 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 Azuma Shipping Co was 26.68. The lowest was 12.59. And the median was 17.47.


Be Aware

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


Azuma Shipping Co E10 Related Terms


Azuma Shipping Co E10 Historical Data

* Premium members only.

The historical data trend for Azuma Shipping 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.

Azuma Shipping Co E10 Chart

Azuma Shipping 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 18.39 18.23 18.15 0.00 17.58

Azuma Shipping 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 17.52 17.89 18.12 17.58 0.00

Azuma Shipping Co E10 Competitor Comparison

For the Marine Shipping subindustry, Azuma Shipping 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.


Azuma Shipping Co Shiller PE Ratio vs Transportation Industry

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

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


TSE:9380
54GF Score
Azuma Shipping Co Ltd TSE:9380
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azuma Shipping 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, Azuma Shipping 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)
=11.392/112.7000*112.7000
=11.392

Current CPI (Mar. 2026) = 112.7000.

Azuma Shipping Co Quarterly Data

per share eps CPI Adj_EPS
201603 6.070 97.900 6.988
201606 -0.950 98.100 -1.091
201609 3.250 98.000 3.738
201612 9.400 98.400 10.766
201703 6.460 98.100 7.421
201706 1.340 98.500 1.533
201709 5.360 98.800 6.114
201712 12.219 99.400 13.854
201803 0.822 99.200 0.934
201806 -0.150 99.200 -0.170
201809 6.248 99.900 7.049
201812 8.390 99.700 9.484
201903 -2.772 99.700 -3.133
201906 0.070 99.800 0.079
201909 2.140 100.100 2.409
201912 7.144 100.500 8.011
202003 0.440 100.300 0.494
202006 3.440 99.900 3.881
202009 3.950 99.900 4.456
202012 8.546 99.300 9.699
202103 -1.780 99.900 -2.008
202106 4.350 99.500 4.927
202109 10.520 100.100 11.844
202112 5.410 100.100 6.091
202203 2.570 101.100 2.865
202206 7.640 101.800 8.458
202209 5.950 103.100 6.504
202212 6.490 104.100 7.026
202303 -12.980 104.400 -14.012
202306 3.120 105.200 3.342
202309 1.275 106.200 1.353
202312 3.020 106.800 3.187
202403 3.935 107.200 4.137
202406 2.260 108.200 2.354
202409 6.630 108.900 6.861
202503 0.000 111.100 0.000
202506 0.950 111.700 0.959
202509 4.990 112.000 5.021
202512 8.650 113.000 8.627
202603 11.392 112.700 11.392

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17.58 mean?
Azuma Shipping Co (TSE:9380) has a E10 of 円17.58 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Azuma Shipping Co and its competitors.
Is Azuma Shipping Co's E10 too high?
Azuma Shipping Co's current E10 is 円17.58. Overall, Azuma Shipping Co has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Azuma Shipping Co's E10 compare to competitors?
Azuma Shipping Co's E10 of 円17.58 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 Azuma Shipping Co and its competitors. Azuma Shipping Co's current E10 is 円17.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azuma Shipping Co stock overvalued right now?
Based on GuruFocus' analysis, Azuma Shipping Co (TSE:9380) is currently considered Significantly Overvalued. The stock's GF Value™ is 円322.18, compared to a current price of 円438.00 — trading 35.9% above its estimated fair value. The current E10 is 円17.58. Azuma Shipping Co's overall GF Score™ is 54/100 with 4 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 Azuma Shipping Co (TSE:9380), the current E10 is 円17.58 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 Azuma Shipping Co (TSE:9380) Overvalued in 2026?

Based on GuruFocus' analysis, Azuma Shipping Co stock appears to be overvalued. The current stock price of 円438.00 is trading 35.9% above its estimated GF Value™ of 円322.18. GuruFocus considers Azuma Shipping Co to be Significantly Overvalued.

Key valuation signals for TSE:9380:

  • E10: 円17.58
  • GF Value™: 円322.18 vs. price of 円438.00 (35.9% above fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the TSE:9380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azuma Shipping Co Business Description

Address 3-2, Nihonbashi Hamacho 3-Chome, Tokyo, JPN
Azuma Shipping Co Ltd is engaged in port transportation, maritime transportation, inland navigation business, freight car transportation, warehousing, sale and repair of the ship, cargo transportation, customs brokerage, supervision and consultancy of new ship creation and repair.
54GF Score

Get the complete analysis for TSE:9380

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

円438.00
Price
円322.18
GF Value