Maruken Lease Co (TSE:9763) E10: 円114.81 (As of Mar. 2026)

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TSE:9763 Maruken Lease Co Ltd TSE:9763
68 GF Score
Price 円1,305.00
GF Value 円1,226.33
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Maruken Lease Co E10?

Maruken Lease Co TSE:9763 -0.84% 68 E10 is 円114.81 as of Mar. 2026. GuruFocus rates TSE:9763 with a GF Score™ of 68/100 and a GF Value™ of 円1,226.33 (Fairly Valued). The stock has 2 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.

Maruken Lease Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円21.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円114.81 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 5.40% 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 Maruken Lease Co was 23.00% per year. The lowest was 5.40% per year. And the median was 17.70% per year.

As of today (2026-08-19), Maruken Lease Co's current stock price is 円1305.00. Maruken Lease Co's E10 for the quarter that ended in Mar. 2026 was 円114.81. Maruken Lease Co's Shiller PE Ratio of today is 11.37.

During the past 13 years, the highest Shiller PE Ratio of Maruken Lease Co was 18.27. The lowest was 5.90. And the median was 9.16.


Maruken Lease Co  (TSE:9763) 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.

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

Shiller PE Ratio=Share Price/E10
=1305.00/114.81
=11.37

* 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 Maruken Lease Co was 18.27. The lowest was 5.90. And the median was 9.16.


Be Aware

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


Maruken Lease Co E10 Related Terms


Maruken Lease Co E10 Historical Data

* Premium members only.

The historical data trend for Maruken 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.

Maruken Lease Co E10 Chart

Maruken 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 90.93 98.19 103.99 0.00 114.81

Maruken Lease Co 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 111.25 112.66 115.91 114.81 0.00

TSE:9763 vs URI, SUNB, AER: E10 Comparison

For the Rental & Leasing Services subindustry, Maruken 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.


Maruken Lease Co Shiller PE Ratio vs Business Services Industry

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

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


TSE:9763
68GF Score
Maruken Lease Co Ltd TSE:9763
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruken 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, Maruken 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)
=21.09/112.7000*112.7000
=21.090

Current CPI (Mar. 2026) = 112.7000.

Maruken Lease Co Quarterly Data

per share eps CPI Adj_EPS
201603 18.697 97.900 21.524
201606 23.033 98.100 26.461
201609 15.698 98.000 18.053
201612 33.467 98.400 38.331
201703 20.798 98.100 23.893
201706 25.000 98.500 28.604
201709 17.398 98.800 19.846
201712 31.497 99.400 35.711
201803 24.398 99.200 27.718
201806 30.800 99.200 34.992
201809 18.597 99.900 20.980
201812 31.698 99.700 35.831
201903 20.501 99.700 23.174
201906 11.737 99.800 13.254
201909 14.400 100.100 16.213
201912 32.463 100.500 36.404
202003 19.493 100.300 21.903
202006 30.067 99.900 33.919
202009 12.167 99.900 13.726
202012 41.703 99.300 47.331
202103 7.190 99.900 8.111
202106 23.447 99.500 26.558
202109 27.503 100.100 30.965
202112 24.203 100.100 27.250
202203 25.163 101.100 28.050
202206 25.363 101.800 28.079
202209 18.530 103.100 20.255
202212 48.997 104.100 53.045
202303 22.269 104.400 24.039
202306 28.466 105.200 30.495
202309 17.953 106.200 19.052
202312 49.583 106.800 52.322
202403 25.927 107.200 27.257
202406 30.757 108.200 32.036
202409 29.590 108.900 30.623
202503 0.000 111.100 0.000
202506 34.393 111.700 34.701
202509 52.373 112.000 52.700
202512 35.033 113.000 34.940
202603 21.090 112.700 21.090

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114.81 mean?
Maruken Lease Co (TSE:9763) has a E10 of 円114.81 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Maruken Lease Co and its competitors.
Is Maruken Lease Co's E10 too high?
Maruken Lease Co's current E10 is 円114.81. Overall, Maruken Lease Co has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maruken Lease Co's E10 compare to URI and SUNB?
Maruken Lease Co's E10 of 円114.81 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 Maruken Lease Co and its competitors. Maruken Lease Co's current E10 is 円114.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruken Lease Co stock overvalued right now?
Based on GuruFocus' analysis, Maruken Lease Co (TSE:9763) is currently considered Fairly Valued. The stock's GF Value™ is 円1,226.33, compared to a current price of 円1,305.00 — trading 6.4% above its estimated fair value. The current E10 is 円114.81. Maruken Lease Co's overall GF Score™ is 68/100 with 2 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 Maruken Lease Co (TSE:9763), the current E10 is 円114.81 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 Maruken Lease Co (TSE:9763) Overvalued in 2026?

Based on GuruFocus' analysis, Maruken Lease Co stock appears to be overvalued. The current stock price of 円1,305.00 is trading 6.4% above its estimated GF Value™ of 円1,226.33. GuruFocus considers Maruken Lease Co to be Fairly Valued.

Key valuation signals for TSE:9763:

  • E10: 円114.81
  • GF Value™: 円1,226.33 vs. price of 円1,305.00 (6.4% above fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the TSE:9763 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruken Lease Co Business Description

Address 2-4-1 Shiba Park, 105-0011 Shiba Park Building A 9th Floor, Minato-ku, Tokyo, JPN, 105-0011
Maruken Lease Co Ltd is engaged in Rental, sales, repair, processing, etc. of heavy temporary steel materials for construction (steel sheet piles, H-beams, steel retaining walls, road surface lining plates, steel plates, etc.), as well as the installation of these piles, retaining walls, and underground diaphragm wall construction.
68GF Score

Get the complete analysis for TSE:9763

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

円1,305.00
Price
円1,226.33
GF Value