Ohba Co (TSE:9765) E10: 円72.27 (As of Feb. 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:9765 Ohba Co Ltd TSE:9765
75 GF Score
Price 円1,113.00
GF Value 円1,141.57
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Ohba Co E10?

Ohba Co TSE:9765 -0.71% 75 E10 is 円72.27 as of Feb. 2026. GuruFocus rates TSE:9765 with a GF Score™ of 75/100 and a GF Value™ of 円1,141.57 (Fairly Valued). The stock has 3 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.

Ohba Co's adjusted earnings per share data for the three months ended in Feb. 2026 was 円23.200. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円72.27 for the trailing ten years ended in Feb. 2026.

During the past 12 months, Ohba Co's average E10 Growth Rate was -100.00% 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 Ohba Co was 22.90% per year. The lowest was 14.60% per year. And the median was 15.40% per year.

As of today (2026-07-24), Ohba Co's current stock price is 円1113.00. Ohba Co's E10 for the quarter that ended in Feb. 2026 was 円72.27. Ohba Co's Shiller PE Ratio of today is 15.40.

During the past 13 years, the highest Shiller PE Ratio of Ohba Co was 37.08. The lowest was 11.64. And the median was 16.88.


Ohba Co  (TSE:9765) 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.

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

Shiller PE Ratio=Share Price/E10
=1113.00/72.27
=15.40

* 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 Ohba Co was 37.08. The lowest was 11.64. And the median was 16.88.


Be Aware

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


Ohba Co E10 Related Terms


Ohba Co E10 Historical Data

* Premium members only.

The historical data trend for Ohba 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.

Ohba Co E10 Chart

Ohba Co Annual Data
Trend May17 May18 May19 May20 May21 May22 May23 May24 May25 May26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.93 54.71 61.33 73.96 0.00

Ohba Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 73.96 65.57 71.78 72.27 0.00

TSE:9765 vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Ohba 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.


Ohba Co Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Ohba Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:9765
75GF Score
Ohba Co Ltd TSE:9765
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ohba 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, Ohba Co's adjusted earnings per share data for the three months ended in Feb. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=23.2/112.2000*112.2000
=23.200

Current CPI (Feb. 2026) = 112.2000.

Ohba Co Quarterly Data

per share eps CPI Adj_EPS
201602 -16.290 97.800 -18.689
201605 68.000 98.200 77.695
201608 -13.480 97.900 -15.449
201611 7.186 98.600 8.177
201702 -9.673 98.100 -11.063
201705 55.110 98.600 62.711
201708 -15.830 98.500 -18.032
201711 3.566 99.100 4.037
201802 -8.206 99.500 -9.253
201805 62.440 99.300 70.552
201808 -12.700 99.800 -14.278
201811 0.310 100.000 0.348
201902 40.650 99.700 45.747
201905 69.550 100.000 78.035
201908 -15.770 100.000 -17.694
201911 7.010 100.500 7.826
202002 -8.222 100.300 -9.197
202005 66.260 100.100 74.269
202008 -8.620 100.100 -9.662
202011 0.570 99.500 0.643
202102 -10.765 99.800 -12.103
202105 70.670 99.400 79.770
202108 0.420 99.700 0.473
202111 8.900 100.100 9.976
202202 24.750 100.700 27.576
202205 30.100 101.800 33.175
202208 0.730 102.700 0.798
202211 17.000 103.900 18.358
202302 0.220 104.000 0.237
202305 45.990 105.100 49.097
202308 1.410 105.900 1.494
202311 22.280 106.900 23.385
202402 19.690 106.900 20.666
202405 36.620 108.100 38.009
202411 0.000 110.000 0.000
202502 17.670 110.800 17.893
202505 28.170 111.800 28.271
202508 7.730 112.100 7.737
202511 30.130 113.200 29.864
202602 23.200 112.200 23.200

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72.27 mean?
Ohba Co (TSE:9765) has a E10 of 円72.27 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ohba Co and its competitors.
Is Ohba Co's E10 too high?
Ohba Co's current E10 is 円72.27. Overall, Ohba Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ohba Co's E10 compare to PWR and FIX?
Ohba Co's E10 of 円72.27 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Ohba Co and its competitors. Ohba Co's current E10 is 円72.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ohba Co stock overvalued right now?
Based on GuruFocus' analysis, Ohba Co (TSE:9765) is currently considered Fairly Valued. The stock's GF Value™ is 円1,141.57, compared to a current price of 円1,113.00 — trading 2.5% below its estimated fair value. The current E10 is 円72.27. Ohba Co's overall GF Score™ is 75/100 with 3 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 Ohba Co (TSE:9765), the current E10 is 円72.27 as of Feb. 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 Ohba Co (TSE:9765) Overvalued in 2026?

Based on GuruFocus' analysis, Ohba Co stock appears to be undervalued. The current stock price of 円1,113.00 is trading 2.5% below its estimated GF Value™ of 円1,141.57. GuruFocus considers Ohba Co to be Fairly Valued.

Key valuation signals for TSE:9765:

  • E10: 円72.27
  • GF Value™: 円1,141.57 vs. price of 円1,113.00 (2.5% below fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the TSE:9765 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ohba Co Business Description

Address Kowa Hitotsubashi Building, 3-7-1 Kanda Nishikicho, Chiyoda-ku, Tokyo, JPN, 153-0042
Ohba Co Ltd is a civil engineering consultant company. Its services include land and air surveying, designing of parks and roads and development/redevelopment of the urban land.
75GF Score

Get the complete analysis for TSE:9765

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

円1,113.00
Price
円1,141.57
GF Value