SE Holdings andubations Co (TSE:9478) E10: 円28.60 (As of Mar. 2026)

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TSE:9478 SE Holdings and Incubations Co Ltd TSE:9478
74 GF Score
Price 円525.00
GF Value 円347.98
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is SE Holdings andubations Co E10?

SE Holdings andubations Co TSE:9478 -2.05% 74 E10 is 円28.60 as of Mar. 2026. GuruFocus rates TSE:9478 with a GF Score™ of 74/100 and a GF Value™ of 円347.98 (Significantly Overvalued). 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.

SE Holdings andubations Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円15.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円28.60 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 16.60% 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 SE Holdings andubations Co was 171.70% per year. The lowest was 16.60% per year. And the median was 58.10% per year.

As of today (2026-09-07), SE Holdings andubations Co's current stock price is 円525.00. SE Holdings andubations Co's E10 for the quarter that ended in Mar. 2026 was 円28.60. SE Holdings andubations Co's Shiller PE Ratio of today is 18.36.

During the past 13 years, the highest Shiller PE Ratio of SE Holdings andubations Co was 20000.00. The lowest was 10.07. And the median was 17.24.


SE Holdings andubations Co  (TSE:9478) 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.

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

Shiller PE Ratio=Share Price/E10
=525.00/28.60
=18.36

* 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 SE Holdings andubations Co was 20000.00. The lowest was 10.07. And the median was 17.24.


Be Aware

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


SE Holdings andubations Co E10 Related Terms


SE Holdings andubations Co E10 Historical Data

* Premium members only.

The historical data trend for SE Holdings andubations 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.

SE Holdings andubations Co E10 Chart

SE Holdings andubations 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 9.63 18.06 21.90 0.00 28.60

SE Holdings andubations 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 26.07 26.75 27.87 28.60 0.00

TSE:9478 vs NYT, WLY: E10 Comparison

For the Publishing subindustry, SE Holdings andubations 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.


SE Holdings andubations Co Shiller PE Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, SE Holdings andubations Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:9478
74GF Score
SE Holdings and Incubations Co Ltd TSE:9478
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SE Holdings andubations 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, SE Holdings andubations 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)
=15.43/112.7000*112.7000
=15.430

Current CPI (Mar. 2026) = 112.7000.

SE Holdings andubations Co Quarterly Data

per share eps CPI Adj_EPS
201603 1.209 97.900 1.392
201606 2.750 98.100 3.159
201609 2.504 98.000 2.880
201612 -1.200 98.400 -1.374
201703 -0.432 98.100 -0.496
201706 10.560 98.500 12.082
201709 3.040 98.800 3.468
201712 5.828 99.400 6.608
201803 2.072 99.200 2.354
201806 1.960 99.200 2.227
201809 2.610 99.900 2.944
201812 5.800 99.700 6.556
201903 0.851 99.700 0.962
201906 4.110 99.800 4.641
201909 0.190 100.100 0.214
201912 5.700 100.500 6.392
202003 -0.799 100.300 -0.898
202006 3.790 99.900 4.276
202009 7.340 99.900 8.280
202012 7.812 99.300 8.866
202103 6.610 99.900 7.457
202106 14.230 99.500 16.118
202109 7.448 100.100 8.386
202112 12.620 100.100 14.209
202203 7.341 101.100 8.183
202206 11.920 101.800 13.196
202209 9.840 103.100 10.756
202212 12.440 104.100 13.468
202303 12.440 104.400 13.429
202306 10.690 105.200 11.452
202309 8.890 106.200 9.434
202312 13.840 106.800 14.605
202403 4.980 107.200 5.236
202406 6.350 108.200 6.614
202409 11.480 108.900 11.881
202503 0.000 111.100 0.000
202506 6.350 111.700 6.407
202509 6.180 112.000 6.219
202512 11.830 113.000 11.799
202603 15.430 112.700 15.430

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28.60 mean?
SE Holdings andubations Co (TSE:9478) has a E10 of 円28.60 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on SE Holdings andubations Co and its competitors.
Is SE Holdings andubations Co's E10 too high?
SE Holdings andubations Co's current E10 is 円28.60. Overall, SE Holdings andubations Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SE Holdings andubations Co's E10 compare to NYT and WLY?
SE Holdings andubations Co's E10 of 円28.60 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good E10 depends on the Media - Diversified 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 SE Holdings andubations Co and its competitors. SE Holdings andubations Co's current E10 is 円28.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SE Holdings andubations Co stock overvalued right now?
Based on GuruFocus' analysis, SE Holdings andubations Co (TSE:9478) is currently considered Significantly Overvalued. The stock's GF Value™ is 円347.98, compared to a current price of 円525.00 — trading 50.9% above its estimated fair value. The current E10 is 円28.60. SE Holdings andubations Co's overall GF Score™ is 74/100 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 SE Holdings andubations Co (TSE:9478), the current E10 is 円28.60 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 SE Holdings andubations Co (TSE:9478) Overvalued in 2026?

Based on GuruFocus' analysis, SE Holdings andubations Co stock appears to be overvalued. The current stock price of 円525.00 is trading 50.9% above its estimated GF Value™ of 円347.98. GuruFocus considers SE Holdings andubations Co to be Significantly Overvalued.

Key valuation signals for TSE:9478:

  • E10: 円28.60
  • GF Value™: 円347.98 vs. price of 円525.00 (50.9% above fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the TSE:9478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SE Holdings andubations Co Business Description

Address 5 Funamachi, Shinjuku-ku, Tokyo, JPN, 160-0006
SE Holdings and Incubations Co Ltd is engaged in diversified businesses namely IT technology information services; mobile internet services; marketing services for IT-related enterprises; store operations utilizing IT technology and Development of IT engineers and human resources services.
74GF Score

Get the complete analysis for TSE:9478

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

円525.00
Price
円347.98
GF Value