Space Co (TSE:9622) E10: 円0.00 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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:9622 Space Co Ltd TSE:9622
83 GF Score
Price 円1,418.00
GF Value 円1,109.17
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Space Co E10?

Space Co TSE:9622 -1.05% 83 E10 is 円0.00 as of Jun. 2026. GuruFocus rates TSE:9622 with a GF Score™ of 83/100 and a GF Value™ of 円1,109.17 (Modestly Overvalued). The stock has 2 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.

Space Co's adjusted earnings per share data for the three months ended in Jun. 2026 was 円0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Space Co's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 5.20% per year. During the past 5 years, the average E10 Growth Rate was 4.70% 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 Space Co was 5.20% per year. The lowest was 2.60% per year. And the median was 3.30% per year.

As of today (2026-09-07), Space Co's current stock price is 円1418.00. Space Co's E10 for the quarter that ended in Jun. 2026 was 円0.00. Space Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Space Co was 20.24. The lowest was 10.22. And the median was 12.91.


Space Co  (TSE:9622) 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.

During the past 13 years, the highest Shiller P/E Ratio of Space Co was 20.24. The lowest was 10.22. And the median was 12.91.


Be Aware

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


Space Co E10 Related Terms


Space Co E10 Historical Data

* Premium members only.

The historical data trend for Space 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.

Space Co E10 Chart

Space Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.31 79.92 81.06 86.31 93.01

Space Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 89.45 90.12 93.01 95.97 0.00

TSE:9622 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Space 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.


Space Co Shiller PE Ratio vs Construction Industry

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

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


TSE:9622
83GF Score
Space Co Ltd TSE:9622
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Space 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, Space Co's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/113.6000*113.6000
=0.000

Current CPI (Jun. 2026) = 113.6000.

Space Co Quarterly Data

per share eps CPI Adj_EPS
201609 23.749 98.000 27.529
201612 29.025 98.400 33.509
201703 25.970 98.100 30.073
201706 30.883 98.500 35.617
201709 23.930 98.800 27.515
201712 22.300 99.400 25.486
201803 23.790 99.200 27.243
201806 24.898 99.200 28.512
201809 17.734 99.900 20.166
201812 20.390 99.700 23.233
201903 13.860 99.700 15.792
201906 36.069 99.800 41.056
201909 21.210 100.100 24.070
201912 8.674 100.500 9.805
202003 10.410 100.300 11.790
202006 20.230 99.900 23.004
202009 8.008 99.900 9.106
202012 6.902 99.300 7.896
202103 3.240 99.900 3.684
202106 23.033 99.500 26.297
202109 2.280 100.100 2.587
202112 32.760 100.100 37.178
202203 6.600 101.100 7.416
202206 18.180 101.800 20.287
202209 14.490 103.100 15.966
202212 17.440 104.100 19.032
202303 24.540 104.400 26.703
202306 -3.082 105.200 -3.328
202309 12.842 106.200 13.737
202312 34.450 106.800 36.643
202403 39.660 107.200 42.028
202406 22.328 108.200 23.442
202409 10.310 108.900 10.755
202412 31.600 110.700 32.428
202503 45.930 111.100 46.964
202506 26.970 111.700 27.429
202509 27.730 112.000 28.126
202512 53.130 113.000 53.412
202603 52.480 112.700 52.899
202606 0.000 113.600 0.000

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0.00 mean?
Space Co (TSE:9622) has a E10 of 円0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Space Co and its competitors.
Is Space Co's E10 too high?
Space Co's current E10 is 円0.00. Overall, Space Co has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Space Co's E10 compare to PWR and FIX?
Space Co's E10 of 円0.00 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Space Co and its competitors. Space Co's current E10 is 円0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Co stock overvalued right now?
Based on GuruFocus' analysis, Space Co (TSE:9622) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,109.17, compared to a current price of 円1,418.00 — trading 27.8% above its estimated fair value. The current E10 is 円0.00. Space Co's overall GF Score™ is 83/100 with 2 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 Space Co (TSE:9622), the current E10 is 円0.00 as of Jun. 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 Space Co (TSE:9622) Overvalued in 2026?

Based on GuruFocus' analysis, Space Co stock appears to be overvalued. The current stock price of 円1,418.00 is trading 27.8% above its estimated GF Value™ of 円1,109.17. GuruFocus considers Space Co to be Modestly Overvalued.

Key valuation signals for TSE:9622:

  • E10: 円0.00
  • GF Value™: 円1,109.17 vs. price of 円1,418.00 (27.8% above fair value)
  • GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the TSE:9622 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Space Co Business Description

Other Exchanges SPAEF:USA
Address 3-9-4 Nihonbashi, Ningyo-cho, Tokyo, JPN, 103-0013
Space Co Ltd is engaged in the planning and design, supervision and construction of commercial facilities, including shopping centres, department stores, speciality stores, restaurants, and cafes. In addition, the company is also involved in the planning, design, production, sales and import and export of display equipment and fixtures, indoor and outdoor decorative items.
83GF Score

Get the complete analysis for TSE:9622

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

円1,418.00
Price
円1,109.17
GF Value