IX Knowledge (TSE:9753) E10: 円91.42 (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:9753 IX Knowledge Inc TSE:9753
88 GF Score
Price 円1,342.00
GF Value 円1,232.42
Valuation Fairly Valued
View Full Analysis

What is IX Knowledge E10?

IX Knowledge TSE:9753 +0.90% 88 E10 is 円91.42 as of Mar. 2026. GuruFocus rates TSE:9753 with a GF Score™ of 88/100 and a GF Value™ of 円1,232.42 (Fairly Valued).

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.

IX Knowledge's adjusted earnings per share data for the three months ended in Mar. 2026 was 円43.610. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円91.42 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 19.90% 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 IX Knowledge was 27.10% per year. The lowest was 19.90% per year. And the median was 23.90% per year.

As of today (2026-08-22), IX Knowledge's current stock price is 円1342.00. IX Knowledge's E10 for the quarter that ended in Mar. 2026 was 円91.42. IX Knowledge's Shiller PE Ratio of today is 14.68.

During the past 13 years, the highest Shiller PE Ratio of IX Knowledge was 49.70. The lowest was 12.82. And the median was 17.85.


IX Knowledge  (TSE:9753) 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.

IX Knowledge's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1342.00/91.42
=14.68

* 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 IX Knowledge was 49.70. The lowest was 12.82. And the median was 17.85.


Be Aware

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


IX Knowledge E10 Related Terms


IX Knowledge E10 Historical Data

* Premium members only.

The historical data trend for IX Knowledge'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.

IX Knowledge E10 Chart

IX Knowledge 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 42.53 53.09 66.94 0.00 91.42

IX Knowledge 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 80.35 83.34 88.32 91.42 0.00

TSE:9753 vs IBM, ACN, FISV: E10 Comparison

For the Information Technology Services subindustry, IX Knowledge'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.


IX Knowledge Shiller PE Ratio vs Software Industry

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

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


TSE:9753
88GF Score
IX Knowledge Inc TSE:9753
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IX Knowledge 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, IX Knowledge'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)
=43.61/112.7000*112.7000
=43.610

Current CPI (Mar. 2026) = 112.7000.

IX Knowledge Quarterly Data

per share eps CPI Adj_EPS
201603 -6.676 97.900 -7.685
201606 7.700 98.100 8.846
201609 7.550 98.000 8.683
201612 6.800 98.400 7.788
201703 16.690 98.100 19.174
201706 8.370 98.500 9.577
201709 8.860 98.800 10.106
201712 15.590 99.400 17.676
201803 12.800 99.200 14.542
201806 11.780 99.200 13.383
201809 17.950 99.900 20.250
201812 22.670 99.700 25.626
201903 6.049 99.700 6.838
201906 15.550 99.800 17.560
201909 6.800 100.100 7.656
201912 16.130 100.500 18.088
202003 15.826 100.300 17.783
202006 12.610 99.900 14.226
202009 16.018 99.900 18.070
202012 20.116 99.300 22.831
202103 14.548 99.900 16.412
202106 27.840 99.500 31.533
202109 21.810 100.100 24.555
202112 24.080 100.100 27.111
202203 11.980 101.100 13.355
202206 30.000 101.800 33.212
202209 25.300 103.100 27.656
202212 38.260 104.100 41.421
202303 11.696 104.400 12.626
202306 38.580 105.200 41.330
202309 25.190 106.200 26.732
202312 34.660 106.800 36.575
202403 33.780 107.200 35.513
202406 35.230 108.200 36.695
202409 34.600 108.900 35.807
202503 0.000 111.100 0.000
202506 51.170 111.700 51.628
202509 34.920 112.000 35.138
202512 49.520 113.000 49.389
202603 43.610 112.700 43.610

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91.42 mean?
IX Knowledge (TSE:9753) has a E10 of 円91.42 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on IX Knowledge and its competitors.
Is IX Knowledge's E10 too high?
IX Knowledge's current E10 is 円91.42. Overall, IX Knowledge has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IX Knowledge's E10 compare to IBM and ACN?
IX Knowledge's E10 of 円91.42 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 IX Knowledge and its competitors. IX Knowledge's current E10 is 円91.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IX Knowledge stock overvalued right now?
Based on GuruFocus' analysis, IX Knowledge (TSE:9753) is currently considered Fairly Valued. The stock's GF Value™ is 円1,232.42, compared to a current price of 円1,342.00 — trading 8.9% above its estimated fair value. The current E10 is 円91.42. IX Knowledge's overall GF Score™ is 88/100. 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 IX Knowledge (TSE:9753), the current E10 is 円91.42 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 IX Knowledge (TSE:9753) Overvalued in 2026?

Based on GuruFocus' analysis, IX Knowledge stock appears to be overvalued. The current stock price of 円1,342.00 is trading 8.9% above its estimated GF Value™ of 円1,232.42. GuruFocus considers IX Knowledge to be Fairly Valued.

Key valuation signals for TSE:9753:

  • E10: 円91.42
  • GF Value™: 円1,232.42 vs. price of 円1,342.00 (8.9% above fair value)
  • GF Score™: 88/100

No single metric tells the full story. See the TSE:9753 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IX Knowledge Business Description

Address 3-22-23 Kaigan, MSC Center Building, Minato-ku, Tokyo, JPN, 108-0022
IX Knowledge Inc is engaged in consulting service, system construction, and outsourcing service. The other service offered by the company include system verification, system management, system development, total quality solutions, cloud based services, consulting, and others.
88GF Score

Get the complete analysis for TSE:9753

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

円1,342.00
Price
円1,232.42
GF Value