Tokai Lease Co (TSE:9761) E10: 円116.24 (As of Mar. 2026)

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TSE:9761 Tokai Lease Co Ltd TSE:9761
78 GF Score
Price 円2,468.00
GF Value 円2,008.59
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Tokai Lease Co E10?

Tokai Lease Co TSE:9761 +0.73% 78 E10 is 円116.24 as of Mar. 2026. GuruFocus rates TSE:9761 with a GF Score™ of 78/100 and a GF Value™ of 円2,008.59 (Modestly Overvalued). The stock has 4 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.

Tokai Lease Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円38.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円116.24 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 8.50% 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 Tokai Lease Co was 15.10% per year. The lowest was 2.70% per year. And the median was 9.40% per year.

As of today (2026-08-17), Tokai Lease Co's current stock price is 円2468.00. Tokai Lease Co's E10 for the quarter that ended in Mar. 2026 was 円116.24. Tokai Lease Co's Shiller PE Ratio of today is 21.23.

During the past 13 years, the highest Shiller PE Ratio of Tokai Lease Co was 34.86. The lowest was 12.90. And the median was 17.28.


Tokai Lease Co  (TSE:9761) 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.

Tokai Lease Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2468.00/116.24
=21.23

* 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 Tokai Lease Co was 34.86. The lowest was 12.90. And the median was 17.28.


Be Aware

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


Tokai Lease Co E10 Related Terms


Tokai Lease Co E10 Historical Data

* Premium members only.

The historical data trend for Tokai Lease 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.

Tokai Lease Co E10 Chart

Tokai Lease Co 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 92.12 91.04 104.33 0.00 116.24

Tokai Lease Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 110.82 120.71 115.21 116.24

TSE:9761 vs CBRE, BEKE, JLL: E10 Comparison

For the Real Estate Services subindustry, Tokai Lease 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.


Tokai Lease Co Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Tokai Lease Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:9761
78GF Score
Tokai Lease Co Ltd TSE:9761
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokai Lease 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, Tokai Lease 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)
=38.41/112.7000*112.7000
=38.410

Current CPI (Mar. 2026) = 112.7000.

Tokai Lease Co Quarterly Data

per share eps CPI Adj_EPS
201603 27.100 97.900 31.197
201606 -34.500 98.100 -39.635
201609 16.325 98.000 18.774
201612 -5.630 98.400 -6.448
201703 68.390 98.100 78.568
201706 -18.670 98.500 -21.362
201709 2.820 98.800 3.217
201712 45.547 99.400 51.641
201803 51.810 99.200 58.861
201806 -13.820 99.200 -15.701
201809 1.910 99.900 2.155
201812 -41.560 99.700 -46.979
201903 101.160 99.700 114.350
201906 -32.370 99.800 -36.554
201909 37.500 100.100 42.220
201912 -26.312 100.500 -29.506
202003 98.550 100.300 110.734
202006 14.960 99.900 16.877
202009 59.510 99.900 67.135
202012 -17.150 99.300 -19.464
202103 42.865 99.900 48.357
202106 36.670 99.500 41.535
202109 68.930 100.100 77.607
202112 -17.960 100.100 -20.221
202203 39.566 101.100 44.106
202206 -83.970 101.800 -92.961
202209 64.475 103.100 70.478
202212 -4.877 104.100 -5.280
202303 67.380 104.400 72.737
202306 15.120 105.200 16.198
202309 49.340 106.200 52.360
202312 31.675 106.800 33.425
202403 99.453 107.200 104.556
202406 28.320 108.200 29.498
202409 68.540 108.900 70.932
202503 0.000 111.100 0.000
202506 45.660 111.700 46.069
202509 104.620 112.000 105.274
202512 20.190 113.000 20.136
202603 38.410 112.700 38.410

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116.24 mean?
Tokai Lease Co (TSE:9761) has a E10 of 円116.24 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tokai Lease Co and its competitors.
Is Tokai Lease Co's E10 too high?
Tokai Lease Co's current E10 is 円116.24. Overall, Tokai Lease Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Lease Co's E10 compare to CBRE and BEKE?
Tokai Lease Co's E10 of 円116.24 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Tokai Lease Co and its competitors. Tokai Lease Co's current E10 is 円116.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Lease Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Lease Co (TSE:9761) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,008.59, compared to a current price of 円2,468.00 — trading 22.9% above its estimated fair value. The current E10 is 円116.24. Tokai Lease Co's overall GF Score™ is 78/100 with 4 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 Tokai Lease Co (TSE:9761), the current E10 is 円116.24 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 Tokai Lease Co (TSE:9761) Overvalued in 2026?

Based on GuruFocus' analysis, Tokai Lease Co stock appears to be overvalued. The current stock price of 円2,468.00 is trading 22.9% above its estimated GF Value™ of 円2,008.59. GuruFocus considers Tokai Lease Co to be Modestly Overvalued.

Key valuation signals for TSE:9761:

  • E10: 円116.24
  • GF Value™: 円2,008.59 vs. price of 円2,468.00 (22.9% above fair value)
  • GF Score™: 78/100 with 4 warning signs

No single metric tells the full story. See the TSE:9761 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokai Lease Co Business Description

Address 2-6-2 Tenjinbashi, Kita-ku, Osaka, JPN, 530-0041
Tokai Lease Co Ltd is a Japanese company engaged in providing real estate services. The business of the company includes leasing, manufacture, and sale of temporary buildings, construction of temporary buildings, and sale of fixtures.
78GF Score

Get the complete analysis for TSE:9761

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

円2,468.00
Price
円2,008.59
GF Value