Nishio Holdings Co (TSE:9699) E10: 円381.00 (As of Mar. 2026)


TSE:9699 Nishio Holdings Co Ltd TSE:9699
83 GF Score
Price 円3,950.00
GF Value 円4,972.68
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Nishio Holdings Co E10?

Nishio Holdings Co TSE:9699 +0.77% 83 E10 is 円381.00 as of Mar. 2026. GuruFocus rates TSE:9699 with a GF Score™ of 83/100 and a GF Value™ of 円4,972.68 (Modestly Undervalued). The stock has 1 warning sign 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.

Nishio Holdings Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円242.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円381.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Nishio Holdings Co's average E10 Growth Rate was 8.30% per year. During the past 3 years, the average E10 Growth Rate was 6.00% per year. During the past 5 years, the average E10 Growth Rate was 8.10% 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 Nishio Holdings Co was 14.50% per year. The lowest was 6.00% per year. And the median was 10.70% per year.

As of today (2026-06-29), Nishio Holdings Co's current stock price is 円3950.00. Nishio Holdings Co's E10 for the quarter that ended in Mar. 2026 was 円381.00. Nishio Holdings Co's Shiller PE Ratio of today is 10.37.

During the past 13 years, the highest Shiller PE Ratio of Nishio Holdings Co was 24.88. The lowest was 8.24. And the median was 11.53.


Nishio Holdings Co  (TSE:9699) 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.

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

Shiller PE Ratio=Share Price/E10
=3950.00/381.00
=10.37

* 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 Nishio Holdings Co was 24.88. The lowest was 8.24. And the median was 11.53.


Be Aware

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


Nishio Holdings Co E10 Related Terms


Nishio Holdings Co E10 Historical Data

* Premium members only.

The historical data trend for Nishio 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.

Nishio Holdings Co E10 Chart

Nishio Holdings Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 275.02 305.31 329.14 342.30 363.65

Nishio Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 351.95 359.00 363.65 369.33 381.00

TSE:9699 vs URI, SUNB, AER: E10 Comparison

For the Rental & Leasing Services subindustry, Nishio 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.


Nishio Holdings Co Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Nishio Holdings Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:9699
83GF Score
Nishio Holdings Co Ltd TSE:9699
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nishio 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, Nishio Holdings 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)
=242.09/112.7000*112.7000
=242.090

Current CPI (Mar. 2026) = 112.7000.

Nishio Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201606 19.200 98.100 22.057
201609 48.520 98.000 55.798
201612 79.390 98.400 90.927
201703 94.320 98.100 108.357
201706 30.460 98.500 34.851
201709 71.380 98.800 81.422
201712 116.980 99.400 132.632
201803 102.730 99.200 116.710
201806 27.770 99.200 31.549
201809 98.270 99.900 110.861
201812 109.110 99.700 123.337
201903 102.830 99.700 116.238
201906 41.440 99.800 46.796
201909 93.370 100.100 105.123
201912 110.910 100.500 124.374
202003 107.510 100.300 120.801
202006 -8.950 99.900 -10.097
202009 22.210 99.900 25.056
202012 69.620 99.300 79.015
202103 99.680 99.900 112.452
202106 41.420 99.500 46.915
202109 107.230 100.100 120.727
202112 98.420 100.100 110.809
202203 105.690 101.100 117.817
202206 40.640 101.800 44.991
202209 85.380 103.100 93.330
202212 111.680 104.100 120.906
202303 102.420 104.400 110.563
202306 50.610 105.200 54.218
202309 105.730 106.200 112.201
202312 121.240 106.800 127.938
202403 109.300 107.200 114.908
202406 100.750 108.200 104.940
202409 86.380 108.900 89.394
202412 145.500 110.700 148.129
202503 117.270 111.100 118.959
202506 74.700 111.700 75.369
202509 98.580 112.000 99.196
202512 128.700 113.000 128.358
202603 242.090 112.700 242.090

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381.00 mean?
Nishio Holdings Co (TSE:9699) has a E10 of 円381.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Nishio Holdings Co and its competitors.
Is Nishio Holdings Co's E10 too high?
Nishio Holdings Co's current E10 is 円381.00. Overall, Nishio Holdings Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nishio Holdings Co's E10 compare to URI and SUNB?
Nishio Holdings Co's E10 of 円381.00 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 Nishio Holdings Co and its competitors. Nishio Holdings Co's current E10 is 円381.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishio Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Nishio Holdings Co (TSE:9699) is currently considered Modestly Undervalued. The stock's GF Value™ is 円4,972.68, compared to a current price of 円3,950.00 — trading 20.6% below its estimated fair value. The current E10 is 円381.00. Nishio Holdings Co's overall GF Score™ is 83/100 with 1 warning sign 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 Nishio Holdings Co (TSE:9699), the current E10 is 円381.00 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 Nishio Holdings Co (TSE:9699) Overvalued in 2026?

Based on GuruFocus' analysis, Nishio Holdings Co stock appears to be undervalued. The current stock price of 円3,950.00 is trading 20.6% below its estimated GF Value™ of 円4,972.68. GuruFocus considers Nishio Holdings Co to be Modestly Undervalued.

Key valuation signals for TSE:9699:

  • E10: 円381.00
  • GF Value™: 円4,972.68 vs. price of 円3,950.00 (20.6% below fair value)
  • GF Score™: 83/100 with 1 warning sign

No single metric tells the full story. See the TSE:9699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nishio Holdings Co Business Description

Address No. 1-11-17, Higashi Shinsaibashi, Chou-ku, Osaka, JPN, 542-0083
Nishio Holdings Co Ltd is a provider of rental construction and industrial machinery. The company offers rental solutions for construction and industrial machinery, mounting and tunnelling machines for mining operations, and water purification and recycling equipment. The company, through its subsidiaries, also designs, manufactures, and repairs tunnelling machines and other special vehicles, such as special transfer locomotives and battery-driven vehicles at construction sites. The company operates in Asia.
83GF Score

Get the complete analysis for TSE:9699

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

円3,950.00
Price
円4,972.68
GF Value