Meitec Group Holdings (TSE:9744) E10: 円137.91 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:9744 Meitec Group Holdings Inc TSE:9744
80 GF Score
Price 円3,224.00
GF Value 円3,314.85
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Meitec Group Holdings E10?

Meitec Group Holdings TSE:9744 +0.19% 80 E10 is 円137.91 as of Mar. 2026. GuruFocus rates TSE:9744 with a GF Score™ of 80/100 and a GF Value™ of 円3,314.85 (Fairly Valued). 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.

Meitec Group Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was 円50.870. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円137.91 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Meitec Group Holdings's average E10 Growth Rate was 8.80% per year. During the past 3 years, the average E10 Growth Rate was 12.50% per year. During the past 5 years, the average E10 Growth Rate was 13.00% 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 Meitec Group Holdings was 14.00% per year. The lowest was 10.40% per year. And the median was 12.70% per year.

As of today (2026-07-16), Meitec Group Holdings's current stock price is 円3224.00. Meitec Group Holdings's E10 for the quarter that ended in Mar. 2026 was 円137.91. Meitec Group Holdings's Shiller PE Ratio of today is 23.38.

During the past 13 years, the highest Shiller PE Ratio of Meitec Group Holdings was 41.77. The lowest was 18.37. And the median was 26.83.


Meitec Group Holdings  (TSE:9744) 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.

Meitec Group Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3224.00/137.91
=23.38

* 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 Meitec Group Holdings was 41.77. The lowest was 18.37. And the median was 26.83.


Be Aware

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


Meitec Group Holdings E10 Related Terms


Meitec Group Holdings E10 Historical Data

* Premium members only.

The historical data trend for Meitec Group Holdings'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.

Meitec Group Holdings E10 Chart

Meitec Group Holdings 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 85.50 96.93 110.65 126.81 137.91

Meitec Group Holdings 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 126.81 130.06 132.08 136.10 137.91

TSE:9744 vs KFY, RHI, TNET: E10 Comparison

For the Staffing & Employment Services subindustry, Meitec Group Holdings'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.


Meitec Group Holdings Shiller PE Ratio vs Business Services Industry

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

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


TSE:9744
80GF Score
Meitec Group Holdings Inc TSE:9744
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meitec Group Holdings 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, Meitec Group Holdings'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)
=50.87/112.7000*112.7000
=50.870

Current CPI (Mar. 2026) = 112.7000.

Meitec Group Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 17.543 98.100 20.154
201609 21.827 98.000 25.101
201612 24.176 98.400 27.689
201703 27.267 98.100 31.325
201706 19.867 98.500 22.731
201709 21.453 98.800 24.471
201712 32.060 99.400 36.350
201803 22.167 99.200 25.184
201806 22.463 99.200 25.520
201809 23.667 99.900 26.699
201812 37.413 99.700 42.291
201903 21.585 99.700 24.399
201906 18.543 99.800 20.940
201909 29.093 100.100 32.755
201912 32.953 100.500 36.953
202003 28.863 100.300 32.431
202006 20.143 99.900 22.724
202009 17.765 99.900 20.041
202012 22.757 99.300 25.828
202103 24.593 99.900 27.744
202106 19.680 99.500 22.291
202109 23.800 100.100 26.796
202112 36.180 100.100 40.734
202203 34.296 101.100 38.231
202206 29.580 101.800 32.747
202209 34.158 103.100 37.339
202212 42.410 104.100 45.914
202303 47.720 104.400 51.514
202306 33.650 105.200 36.049
202309 39.680 106.200 42.109
202312 51.780 106.800 54.641
202403 32.885 107.200 34.572
202406 41.750 108.200 43.486
202409 29.980 108.900 31.026
202412 55.220 110.700 56.218
202503 38.060 111.100 38.608
202506 43.160 111.700 43.546
202509 46.640 112.000 46.932
202512 54.290 113.000 54.146
202603 50.870 112.700 50.870

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137.91 mean?
Meitec Group Holdings (TSE:9744) has a E10 of 円137.91 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Meitec Group Holdings and its competitors.
Is Meitec Group Holdings' E10 too high?
Meitec Group Holdings' current E10 is 円137.91. Overall, Meitec Group Holdings has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meitec Group Holdings' E10 compare to KFY and RHI?
Meitec Group Holdings' E10 of 円137.91 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 Meitec Group Holdings and its competitors. Meitec Group Holdings's current E10 is 円137.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meitec Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Meitec Group Holdings (TSE:9744) is currently considered Fairly Valued. The stock's GF Value™ is 円3,314.85, compared to a current price of 円3,224.00 — trading 2.7% below its estimated fair value. The current E10 is 円137.91. Meitec Group Holdings' overall GF Score™ is 80/100 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 Meitec Group Holdings (TSE:9744), the current E10 is 円137.91 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 Meitec Group Holdings (TSE:9744) Overvalued in 2026?

Based on GuruFocus' analysis, Meitec Group Holdings stock appears to be undervalued. The current stock price of 円3,224.00 is trading 2.7% below its estimated GF Value™ of 円3,314.85. GuruFocus considers Meitec Group Holdings to be Fairly Valued.

Key valuation signals for TSE:9744:

  • E10: 円137.91
  • GF Value™: 円3,314.85 vs. price of 円3,224.00 (2.7% below fair value)
  • GF Score™: 80/100 with 1 warning sign

No single metric tells the full story. See the TSE:9744 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meitec Group Holdings Business Description

Address 1-1-10 Ueno, Taito-ku, Tokyo, JPN, 110-0005
Meitec Group Holdings Inc formerly Meitec Corp offers staffing in the flexible labour market and engineering solutions for manufacturers. The company provides temporary engineering staffing, senior-workforce development, career development and career change support, global engineering solution outsourcing, prototyping and mold making, mounting and design of circuit boards, and information technology solutions. The core business segment is temporary staffing offering flexible staffing for engineering companies. Meitec operates in Japan.
80GF Score

Get the complete analysis for TSE:9744

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

円3,224.00
Price
円3,314.85
GF Value