Subaru Co (TSE:9778) E10: 円192.25 (As of Feb. 2026)

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TSE:9778 Subaru Co Ltd TSE:9778
51 GF Score
Price 円5,540.00
GF Value 円6,709.17
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Subaru Co E10?

Subaru Co TSE:9778 -0.18% 51 E10 is 円192.25 as of Feb. 2026. GuruFocus rates TSE:9778 with a GF Score™ of 51/100 and a GF Value™ of 円6,709.17 (Modestly Undervalued). The stock has 6 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.

Subaru Co's adjusted earnings per share data for the three months ended in Feb. 2026 was 円176.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円192.25 for the trailing ten years ended in Feb. 2026.

During the past 3 years, the average E10 Growth Rate was -1.10% 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 Subaru Co was 28.20% per year. The lowest was -6.00% per year. And the median was 9.00% per year.

As of today (2026-09-03), Subaru Co's current stock price is 円5540.00. Subaru Co's E10 for the quarter that ended in Feb. 2026 was 円192.25. Subaru Co's Shiller PE Ratio of today is 28.82.

During the past 13 years, the highest Shiller PE Ratio of Subaru Co was 45.95. The lowest was 25.42. And the median was 35.27.


Subaru Co  (TSE:9778) 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.

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

Shiller PE Ratio=Share Price/E10
=5540.00/192.25
=28.82

* 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 Subaru Co was 45.95. The lowest was 25.42. And the median was 35.27.


Be Aware

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


Subaru Co E10 Related Terms


Subaru Co E10 Historical Data

* Premium members only.

The historical data trend for Subaru 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.

Subaru Co E10 Chart

Subaru Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.54 198.73 208.71 0.00 192.25

Subaru Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 173.70 189.36 175.00 192.25 0.00

TSE:9778 vs EDU, TAL, LAUR: E10 Comparison

For the Education & Training Services subindustry, Subaru 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.


Subaru Co Shiller PE Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, Subaru Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:9778
51GF Score
Subaru Co Ltd TSE:9778
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Subaru 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, Subaru 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)
=176.02/112.2000*112.2000
=176.020

Current CPI (Feb. 2026) = 112.2000.

Subaru Co Quarterly Data

per share eps CPI Adj_EPS
201602 257.298 97.800 295.182
201605 -188.100 98.200 -214.917
201608 84.160 97.900 96.453
201611 -8.990 98.600 -10.230
201702 164.710 98.100 188.384
201705 -78.050 98.600 -88.816
201708 128.448 98.500 146.313
201711 -27.030 99.100 -30.603
201802 260.660 99.500 293.930
201805 -40.970 99.300 -46.292
201808 126.219 99.800 141.902
201811 -4.302 100.000 -4.827
201902 305.010 99.700 343.251
201905 -19.300 100.000 -21.655
201908 102.461 100.000 114.961
201911 37.840 100.500 42.245
202002 17.500 100.300 19.576
202005 -106.720 100.100 -119.620
202008 60.503 100.100 67.817
202011 -16.100 99.500 -18.155
202102 -44.195 99.800 -49.686
202105 -61.260 99.400 -69.149
202108 131.378 99.700 147.850
202111 14.104 100.100 15.809
202202 146.680 100.700 163.431
202205 -34.870 101.800 -38.432
202208 114.829 102.700 125.451
202211 30.051 103.900 32.452
202302 258.900 104.000 279.313
202305 -129.300 105.100 -138.035
202308 67.160 105.900 71.155
202311 -47.850 106.900 -50.222
202402 170.970 106.900 179.447
202405 -110.290 108.100 -114.473
202408 54.150 109.100 55.689
202502 0.000 110.800 0.000
202505 -112.360 111.800 -112.762
202508 51.040 112.100 51.086
202511 -45.800 113.200 -45.395
202602 176.020 112.200 176.020

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192.25 mean?
Subaru Co (TSE:9778) has a E10 of 円192.25 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Subaru Co and its competitors.
Is Subaru Co's E10 too high?
Subaru Co's current E10 is 円192.25. Overall, Subaru Co has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Subaru Co's E10 compare to EDU and TAL?
Subaru Co's E10 of 円192.25 can be compared against companies in the Education 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 an Education company?
A good E10 depends on the Education 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 Subaru Co and its competitors. Subaru Co's current E10 is 円192.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Subaru Co stock overvalued right now?
Based on GuruFocus' analysis, Subaru Co (TSE:9778) is currently considered Modestly Undervalued. The stock's GF Value™ is 円6,709.17, compared to a current price of 円5,540.00 — trading 17.4% below its estimated fair value. The current E10 is 円192.25. Subaru Co's overall GF Score™ is 51/100 with 6 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 Subaru Co (TSE:9778), the current E10 is 円192.25 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 Subaru Co (TSE:9778) Overvalued in 2026?

Based on GuruFocus' analysis, Subaru Co stock appears to be undervalued. The current stock price of 円5,540.00 is trading 17.4% below its estimated GF Value™ of 円6,709.17. GuruFocus considers Subaru Co to be Modestly Undervalued.

Key valuation signals for TSE:9778:

  • E10: 円192.25
  • GF Value™: 円6,709.17 vs. price of 円5,540.00 (17.4% below fair value)
  • GF Score™: 51/100 with 6 warning signs

No single metric tells the full story. See the TSE:9778 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Subaru Co Business Description

Address No. 9, No. 1, Kajiya-cho, Kagoshima, JPN, 892-0846
Subaru Co Ltd operates cram schools and provides academic tutoring and exam preparation services for kindergarten, elementary, and junior high school students. It also evaluates the academic achievement of the students using computer programs. It also conducts various mimetic tests such as All Kyushu mimetic tests, all Kyushu scholastic tests, trial undertaking, and other.
51GF Score

Get the complete analysis for TSE:9778

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

円5,540.00
Price
円6,709.17
GF Value