TKC (TSE:9746) E10: 円 (As of Jun. 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.
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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:9746 TKC Corp TSE:9746
92 GF Score
Price 円4,160.00
GF Value 円4,556.56
Valuation Fairly Valued
! 1 Warning Sign
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What is TKC E10?

TKC TSE:9746 +0.36% 92 E10 is 円 as of Jun. 2026. GuruFocus rates TSE:9746 with a GF Score™ of 92/100 and a GF Value™ of 円4,556.56 (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.

TKC's adjusted earnings per share data for the three months ended in Jun. 2026 was 円76.093. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is for the trailing ten years ended in Jun. 2026.

During the past 12 months, TKC's average E10 Growth Rate was 11.90% per year. During the past 3 years, the average E10 Growth Rate was 13.20% per year. During the past 5 years, the average E10 Growth Rate was 13.30% 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 TKC was 13.70% per year. The lowest was 7.80% per year. And the median was 12.45% per year.

As of today (2026-09-20), TKC's current stock price is 円4160.00. TKC's E10 for the quarter that ended in Jun. 2026 was . TKC's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of TKC was 40.50. The lowest was 18.42. And the median was 27.01.


TKC  (TSE:9746) 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 TKC was 40.50. The lowest was 18.42. And the median was 27.01.


Be Aware

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


TKC E10 Related Terms


TKC E10 Historical Data

* Premium members only.

The historical data trend for TKC'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.

TKC E10 Chart

TKC Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
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TKC 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 - - - - -

TSE:9746 vs IBM, ACN, CTSH: E10 Comparison

For the Information Technology Services subindustry, TKC'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.


TKC Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, TKC's Shiller PE Ratio distribution charts can be found below:

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


TSE:9746
92GF Score
TKC Corp TSE:9746
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TKC 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, TKC'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)
=76.0932/113.6000*113.6000
=76.093

Current CPI (Jun. 2026) = 113.6000.

TKC Quarterly Data

per share eps CPI Adj_EPS
201609 -3.560 98.000 -4.127
201612 20.275 98.400 23.407
201703 41.715 98.100 48.306
201706 27.098 98.500 31.252
201709 24.993 98.800 28.736
201712 32.051 99.400 36.630
201803 30.187 99.200 34.569
201806 33.417 99.200 38.267
201809 20.542 99.900 23.360
201812 22.072 99.700 25.149
201903 43.387 99.700 49.436
201906 32.501 99.800 36.995
201909 29.520 100.100 33.501
201912 30.324 100.500 34.277
202003 59.327 100.300 67.194
202006 39.577 99.900 45.004
202009 19.579 99.900 22.264
202012 35.634 99.300 40.765
202103 68.730 99.900 78.155
202106 46.781 99.500 53.411
202109 13.754 100.100 15.609
202112 42.403 100.100 48.122
202203 68.450 101.100 76.914
202206 44.043 101.800 49.148
202209 22.737 103.100 25.052
202212 55.125 104.100 60.156
202303 61.882 104.400 67.335
202306 69.047 105.200 74.560
202309 20.450 106.200 21.875
202312 51.969 106.800 55.278
202403 70.301 107.200 74.498
202406 63.436 108.200 66.601
202409 30.491 108.900 31.807
202412 53.886 110.700 55.297
202503 68.319 111.100 69.856
202506 60.949 111.700 61.985
202509 51.746 112.000 52.485
202512 115.342 113.000 115.954
202603 40.810 112.700 41.135
202606 76.093 113.600 76.093

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 mean?
TKC (TSE:9746) has a E10 of 円 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on TKC and its competitors.
Is TKC's E10 too high?
TKC's current E10 is 円. Overall, TKC has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TKC's E10 compare to IBM and ACN?
TKC's E10 of 円 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 TKC and its competitors. TKC's current E10 is 円. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TKC stock overvalued right now?
Based on GuruFocus' analysis, TKC (TSE:9746) is currently considered Fairly Valued. The stock's GF Value™ is 円4,556.56, compared to a current price of 円4,160.00 — trading 8.7% below its estimated fair value. The current E10 is 円. TKC's overall GF Score™ is 92/100 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 TKC (TSE:9746), the current E10 is 円 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 TKC (TSE:9746) Overvalued in 2026?

Based on GuruFocus' analysis, TKC stock appears to be undervalued. The current stock price of 円4,160.00 is trading 8.7% below its estimated GF Value™ of 円4,556.56. GuruFocus considers TKC to be Fairly Valued.

Key valuation signals for TSE:9746:

  • E10:
  • GF Value™: 円4,556.56 vs. price of 円4,160.00 (8.7% below fair value)
  • GF Score™: 92/100 with 1 warning sign

No single metric tells the full story. See the TSE:9746 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TKC Business Description

Address 1758 Tsurutamachi, Utsunomiya-shi, Tochigi, JPN, 320-0851
TKC Corp provides a variety of information technology, or IT, services. The firm's computer services include batch processing and printing, data storage, and download management. TKC's Internet services include Internet management, cloud computing, database management, data storage, data backup, and data security. The company's other services include software development, system device sales, systems consulting services, and general education and training services. TKC generates the majority of its sales revenue from accounting firms and local governments.
92GF Score

Get the complete analysis for TSE:9746

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

円4,160.00
Price
円4,556.56
GF Value