Trusco Nakayama (TSE:9830) E10: 円189.14 (As of Dec. 2025)


TSE:9830 Trusco Nakayama Corp TSE:9830
89 GF Score
Price 円2,319.00
GF Value 円2,853.69
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Trusco Nakayama E10?

Trusco Nakayama TSE:9830 +0.43% 89 E10 is 円189.14 as of Dec. 2025. GuruFocus rates TSE:9830 with a GF Score™ of 89/100 and a GF Value™ of 円2,853.69 (Modestly Undervalued). 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.

Trusco Nakayama's adjusted earnings per share data for the three months ended in Dec. 2025 was 円65.090. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円189.14 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Trusco Nakayama's average E10 Growth Rate was 7.70% per year. During the past 3 years, the average E10 Growth Rate was 9.80% per year. During the past 5 years, the average E10 Growth Rate was 10.40% 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 Trusco Nakayama was 10.70% per year. The lowest was 9.20% per year. And the median was 10.00% per year.

As of today (2026-07-11), Trusco Nakayama's current stock price is 円2319.00. Trusco Nakayama's E10 for the quarter that ended in Dec. 2025 was 円189.14. Trusco Nakayama's Shiller PE Ratio of today is 12.26.

During the past 13 years, the highest Shiller PE Ratio of Trusco Nakayama was 39.25. The lowest was 10.04. And the median was 19.62.


Trusco Nakayama  (TSE:9830) 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.

Trusco Nakayama's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2319.00/189.14
=12.26

* 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 Trusco Nakayama was 39.25. The lowest was 10.04. And the median was 19.62.


Be Aware

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


Trusco Nakayama E10 Related Terms


Trusco Nakayama E10 Historical Data

* Premium members only.

The historical data trend for Trusco Nakayama'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.

Trusco Nakayama E10 Chart

Trusco Nakayama Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129.45 142.79 157.67 175.57 189.14

Trusco Nakayama Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 178.48 182.28 185.02 189.14 0.00

TSE:9830 vs GWW, FAST, FERG: E10 Comparison

For the Industrial Distribution subindustry, Trusco Nakayama'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.


Trusco Nakayama Shiller PE Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Trusco Nakayama's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Trusco Nakayama's Shiller PE Ratio falls into.


TSE:9830
89GF Score
Trusco Nakayama Corp TSE:9830
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trusco Nakayama 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, Trusco Nakayama's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=65.09/113.0000*113.0000
=65.090

Current CPI (Dec. 2025) = 113.0000.

Trusco Nakayama Quarterly Data

per share eps CPI Adj_EPS
201603 40.580 97.900 46.839
201606 32.662 98.100 37.623
201609 32.430 98.000 37.394
201612 45.400 98.400 52.136
201703 42.050 98.100 48.437
201706 34.680 98.500 39.785
201709 35.150 98.800 40.202
201712 42.384 99.400 48.183
201803 40.020 99.200 45.587
201806 32.440 99.200 36.953
201809 29.525 99.900 33.397
201812 45.447 99.700 51.510
201903 38.000 99.700 43.069
201906 34.900 99.800 39.516
201909 31.360 100.100 35.401
201912 41.510 100.500 46.673
202003 35.200 100.300 39.657
202006 30.511 99.900 34.512
202009 20.940 99.900 23.686
202012 34.770 99.300 39.567
202103 41.370 99.900 46.795
202106 38.260 99.500 43.451
202109 34.010 100.100 38.393
202112 62.206 100.100 70.223
202203 38.440 101.100 42.965
202206 26.020 101.800 28.883
202209 33.660 103.100 36.892
202212 63.025 104.100 68.413
202303 40.580 104.400 43.923
202306 51.410 105.200 55.222
202309 40.975 106.200 43.599
202312 53.070 106.800 56.151
202403 53.260 107.200 56.142
202406 49.029 108.200 51.204
202409 73.650 108.900 76.423
202412 68.140 110.700 69.556
202503 60.690 111.100 61.728
202506 60.390 111.700 61.093
202509 54.670 112.000 55.158
202512 65.090 113.000 65.090

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189.14 mean?
Trusco Nakayama (TSE:9830) has a E10 of 円189.14 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Trusco Nakayama and its competitors.
Is Trusco Nakayama's E10 too high?
Trusco Nakayama's current E10 is 円189.14. Overall, Trusco Nakayama has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trusco Nakayama's E10 compare to GWW and FAST?
Trusco Nakayama's E10 of 円189.14 can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good E10 depends on the Industrial Distribution 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 Trusco Nakayama and its competitors. Trusco Nakayama's current E10 is 円189.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trusco Nakayama stock overvalued right now?
Based on GuruFocus' analysis, Trusco Nakayama (TSE:9830) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,853.69, compared to a current price of 円2,319.00 — trading 18.7% below its estimated fair value. The current E10 is 円189.14. Trusco Nakayama's overall GF Score™ is 89/100 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 Trusco Nakayama (TSE:9830), the current E10 is 円189.14 as of Dec. 2025. 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 Trusco Nakayama (TSE:9830) Overvalued in 2026?

Based on GuruFocus' analysis, Trusco Nakayama stock appears to be undervalued. The current stock price of 円2,319.00 is trading 18.7% below its estimated GF Value™ of 円2,853.69. GuruFocus considers Trusco Nakayama to be Modestly Undervalued.

Key valuation signals for TSE:9830:

  • E10: 円189.14
  • GF Value™: 円2,853.69 vs. price of 円2,319.00 (18.7% below fair value)
  • GF Score™: 89/100 with 3 warning signs

No single metric tells the full story. See the TSE:9830 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trusco Nakayama Business Description

Address 4-28-1 Shinbashi, Minato-ku, Tokyo, JPN
Trusco Nakayama Corp is a Japanese wholesaler of tools to the manufacturing industry. The company engages in the wholesale of machine tools, distribution of equipment and environmental safety equipment, consumables, and furniture and fixtures. The products are sold to machinery tools dealers, online shops, and home centers. End clients include manufacturers, general consumers, and construction-related businesses. The company sells its wholesale products in Japan.
89GF Score

Get the complete analysis for TSE:9830

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

円2,319.00
Price
円2,853.69
GF Value