Toshin Holdings Co (TSE:9444) E10: 円30.26 (As of Oct. 2025)

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TSE:9444 Toshin Holdings Co Ltd TSE:9444
38 GF Score
Price 円233.00
GF Value 円652.03
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Toshin Holdings Co E10?

Toshin Holdings Co TSE:9444 +0.87% 38 E10 is 円30.26 as of Oct. 2025. GuruFocus rates TSE:9444 with a GF Score™ of 38/100 and a GF Value™ of 円652.03 (Possible Value Trap). The stock has 6 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.

Toshin Holdings Co's adjusted earnings per share data for the three months ended in Oct. 2025 was 円22.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円30.26 for the trailing ten years ended in Oct. 2025.

During the past 12 months, Toshin Holdings Co's average E10 Growth Rate was 28.90% 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 Toshin Holdings Co was -4.30% per year. The lowest was -10.70% per year. And the median was -7.65% per year.

As of today (2026-07-25), Toshin Holdings Co's current stock price is 円233.00. Toshin Holdings Co's E10 for the quarter that ended in Oct. 2025 was 円30.26. Toshin Holdings Co's Shiller PE Ratio of today is 7.70.

During the past 13 years, the highest Shiller PE Ratio of Toshin Holdings Co was 30.00. The lowest was 6.15. And the median was 19.83.


Toshin Holdings Co  (TSE:9444) 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.

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

Shiller PE Ratio=Share Price/E10
=233.00/30.26
=7.70

* 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 Toshin Holdings Co was 30.00. The lowest was 6.15. And the median was 19.83.


Be Aware

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


Toshin Holdings Co E10 Related Terms


Toshin Holdings Co E10 Historical Data

* Premium members only.

The historical data trend for Toshin 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.

Toshin Holdings Co E10 Chart

Toshin Holdings Co Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.76 27.04 26.35 23.47 0.00

Toshin Holdings Co Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24 Apr25 Jul25 Oct25 Jan26
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 0.00 0.00 25.61 30.26 0.00

TSE:9444 vs CASY, WSM, DKS: E10 Comparison

For the Specialty Retail subindustry, Toshin 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.


Toshin Holdings Co Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Toshin Holdings Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:9444
38GF Score
Toshin Holdings Co Ltd TSE:9444
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toshin 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, Toshin Holdings Co's adjusted earnings per share data for the three months ended in Oct. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Oct. 2025 (Change)*Current CPI (Oct. 2025)
=22.09/112.8000*112.8000
=22.090

Current CPI (Oct. 2025) = 112.8000.

Toshin Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201507 14.990 98.300 17.201
201510 11.170 98.500 12.792
201601 15.399 97.700 17.779
201604 3.180 98.100 3.657
201607 3.510 97.900 4.044
201610 18.350 98.600 20.993
201701 14.250 98.200 16.369
201704 3.690 98.500 4.226
201707 13.540 98.300 15.537
201710 -8.030 98.800 -9.168
201801 19.610 99.500 22.231
201804 -2.840 99.100 -3.233
201807 14.620 99.200 16.624
201810 8.180 100.200 9.209
201901 9.170 99.700 10.375
201904 -11.630 100.000 -13.119
201907 10.100 99.800 11.416
201910 10.439 100.400 11.728
202001 17.176 100.500 19.278
202004 -8.500 100.200 -9.569
202007 24.670 100.000 27.828
202010 20.868 99.800 23.586
202101 24.580 99.800 27.782
202104 -124.020 99.100 -141.165
202107 42.410 99.700 47.982
202110 20.050 99.900 22.639
202201 11.654 100.300 13.106
202204 -25.380 101.500 -28.206
202207 34.420 102.300 37.953
202210 15.950 103.700 17.350
202301 21.756 104.700 23.439
202304 -11.810 105.100 -12.675
202307 34.710 105.700 37.042
202310 24.309 107.100 25.603
202401 26.770 106.900 28.247
202404 -63.800 107.700 -66.821
202410 0.000 109.500 0.000
202504 0.000 111.500 0.000
202507 3.250 111.900 3.276
202510 22.090 112.800 22.090

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30.26 mean?
Toshin Holdings Co (TSE:9444) has a E10 of 円30.26 as of Oct. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Toshin Holdings Co and its competitors.
Is Toshin Holdings Co's E10 too high?
Toshin Holdings Co's current E10 is 円30.26. Overall, Toshin Holdings Co has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Toshin Holdings Co's E10 compare to CASY and WSM?
Toshin Holdings Co's E10 of 円30.26 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Toshin Holdings Co and its competitors. Toshin Holdings Co's current E10 is 円30.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toshin Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Toshin Holdings Co (TSE:9444) is currently considered Possible Value Trap. The stock's GF Value™ is 円652.03, compared to a current price of 円233.00 — trading 64.3% below its estimated fair value. The current E10 is 円30.26. Toshin Holdings Co's overall GF Score™ is 38/100 with 6 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 Toshin Holdings Co (TSE:9444), the current E10 is 円30.26 as of Oct. 2025. 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 Toshin Holdings Co (TSE:9444) Overvalued in 2026?

Based on GuruFocus' analysis, Toshin Holdings Co stock appears to be undervalued. The current stock price of 円233.00 is trading 64.3% below its estimated GF Value™ of 円652.03. GuruFocus considers Toshin Holdings Co to be Possible Value Trap.

Key valuation signals for TSE:9444:

  • E10: 円30.26
  • GF Value™: 円652.03 vs. price of 円233.00 (64.3% below fair value)
  • GF Score™: 38/100 with 6 warning signs

No single metric tells the full story. See the TSE:9444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toshin Holdings Co Business Description

Address Aichi Prefecture, Naka-ku Sakae, 3-4-21 Toshin Sakae Building, Nagoya, JPN, 460 0008
Toshin Holdings Co Ltd is engaged in the sale of mobile phone and other communication equipment. It also offers leasing and sale of real estate properties, provides asset management services, operates golf courses and restaurants, sales drinking water. Its other business includes OA equipment sales, air conditioner sales, drinking water sales, rental conference room operation, golfers salon management.
38GF Score

Get the complete analysis for TSE:9444

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

円233.00
Price
円652.03
GF Value