KU Holdings Co (TSE:9856) E10: 円161.55 (As of Mar. 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:9856 KU Holdings Co Ltd TSE:9856
87 GF Score
Price 円1,265.00
GF Value 円1,262.62
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is KU Holdings Co E10?

KU Holdings Co TSE:9856 -0.16% 87 E10 is 円161.55 as of Mar. 2026. GuruFocus rates TSE:9856 with a GF Score™ of 87/100 and a GF Value™ of 円1,262.62 (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.

KU Holdings Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円19.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円161.55 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 8.10% 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 KU Holdings Co was 12.30% per year. The lowest was 6.90% per year. And the median was 8.10% per year.

As of today (2026-08-28), KU Holdings Co's current stock price is 円1265.00. KU Holdings Co's E10 for the quarter that ended in Mar. 2026 was 円161.55. KU Holdings Co's Shiller PE Ratio of today is 7.83.

During the past 13 years, the highest Shiller PE Ratio of KU Holdings Co was 14.17. The lowest was 6.91. And the median was 9.22.


KU Holdings Co  (TSE:9856) 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.

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

Shiller PE Ratio=Share Price/E10
=1265.00/161.55
=7.83

* 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 KU Holdings Co was 14.17. The lowest was 6.91. And the median was 9.22.


Be Aware

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


KU Holdings Co E10 Related Terms


KU Holdings Co E10 Historical Data

* Premium members only.

The historical data trend for KU Holdings 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.

KU Holdings Co E10 Chart

KU Holdings 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 111.26 127.77 140.29 0.00 161.55

KU Holdings 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 153.74 156.61 162.44 161.55 0.00

TSE:9856 vs CVNA, PAG, KMX: E10 Comparison

For the Auto & Truck Dealerships subindustry, KU Holdings 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.


KU Holdings Co Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, KU Holdings Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:9856
87GF Score
KU Holdings Co Ltd TSE:9856
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KU Holdings 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, KU Holdings 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)
=19.86/112.7000*112.7000
=19.860

Current CPI (Mar. 2026) = 112.7000.

KU Holdings Co Quarterly Data

per share eps CPI Adj_EPS
201603 31.510 97.900 36.274
201606 16.420 98.100 18.864
201609 24.600 98.000 28.290
201612 29.790 98.400 34.119
201703 37.830 98.100 43.460
201706 24.390 98.500 27.906
201709 34.380 98.800 39.217
201712 35.510 99.400 40.261
201803 33.070 99.200 37.570
201806 25.030 99.200 28.436
201809 30.310 99.900 34.194
201812 33.490 99.700 37.857
201903 33.630 99.700 38.015
201906 21.810 99.800 24.629
201909 33.020 100.100 37.176
201912 30.500 100.500 34.202
202003 27.780 100.300 31.214
202006 5.100 99.900 5.753
202009 36.760 99.900 41.470
202012 40.540 99.300 46.011
202103 34.930 99.900 39.406
202106 33.730 99.500 38.205
202109 46.040 100.100 51.835
202112 45.150 100.100 50.833
202203 46.890 101.100 52.270
202206 45.840 101.800 50.748
202209 58.440 103.100 63.882
202212 56.570 104.100 61.243
202303 37.650 104.400 40.643
202306 44.060 105.200 47.201
202309 48.850 106.200 51.840
202312 52.640 106.800 55.548
202403 35.710 107.200 37.542
202406 44.700 108.200 46.559
202409 52.400 108.900 54.228
202503 0.000 111.100 0.000
202506 33.260 111.700 33.558
202509 47.320 112.000 47.616
202512 67.330 113.000 67.151
202603 19.860 112.700 19.860

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161.55 mean?
KU Holdings Co (TSE:9856) has a E10 of 円161.55 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on KU Holdings Co and its competitors.
Is KU Holdings Co's E10 too high?
KU Holdings Co's current E10 is 円161.55. Overall, KU Holdings Co has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KU Holdings Co's E10 compare to CVNA and PAG?
KU Holdings Co's E10 of 円161.55 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 KU Holdings Co and its competitors. KU Holdings Co's current E10 is 円161.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KU Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, KU Holdings Co (TSE:9856) is currently considered Fairly Valued. The stock's GF Value™ is 円1,262.62, compared to a current price of 円1,265.00 — trading 0.2% above its estimated fair value. The current E10 is 円161.55. KU Holdings Co's overall GF Score™ is 87/100 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 KU Holdings Co (TSE:9856), the current E10 is 円161.55 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 KU Holdings Co (TSE:9856) Overvalued in 2026?

Based on GuruFocus' analysis, KU Holdings Co stock appears to be overvalued. The current stock price of 円1,265.00 is trading 0.2% above its estimated GF Value™ of 円1,262.62. GuruFocus considers KU Holdings Co to be Fairly Valued.

Key valuation signals for TSE:9856:

  • E10: 円161.55
  • GF Value™: 円1,262.62 vs. price of 円1,265.00 (0.2% above fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the TSE:9856 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KU Holdings Co Business Description

Address Tsuruma 1670 in Machida, Tokyo, JPN, 194-8555
KU Holdings Co Ltd is a holding company.
87GF Score

Get the complete analysis for TSE:9856

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

円1,265.00
Price
円1,262.62
GF Value