Miroku Jyoho Service Co (TSE:9928) E10: 円118.46 (As of Mar. 2026)


TSE:9928 Miroku Jyoho Service Co Ltd TSE:9928
91 GF Score
Price 円1,827.00
GF Value 円2,063.42
Valuation Modestly Undervalued
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What is Miroku Jyoho Service Co E10?

Miroku Jyoho Service Co TSE:9928 +0.83% 91 E10 is 円118.46 as of Mar. 2026. GuruFocus rates TSE:9928 with a GF Score™ of 91/100 and a GF Value™ of 円2,063.42 (Modestly Undervalued).

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.

Miroku Jyoho Service Co's adjusted earnings per share data for the three months ended in Mar. 2026 was 円37.760. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円118.46 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Miroku Jyoho Service Co's average E10 Growth Rate was 11.90% per year. During the past 3 years, the average E10 Growth Rate was 12.40% per year. During the past 5 years, the average E10 Growth Rate was 13.00% 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 Miroku Jyoho Service Co was 13.80% per year. The lowest was 9.80% per year. And the median was 12.35% per year.

As of today (2026-07-09), Miroku Jyoho Service Co's current stock price is 円1827.00. Miroku Jyoho Service Co's E10 for the quarter that ended in Mar. 2026 was 円118.46. Miroku Jyoho Service Co's Shiller PE Ratio of today is 15.42.

During the past 13 years, the highest Shiller PE Ratio of Miroku Jyoho Service Co was 72.83. The lowest was 14.24. And the median was 20.09.


Miroku Jyoho Service Co  (TSE:9928) 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.

Miroku Jyoho Service Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1827.00/118.46
=15.42

* 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 Miroku Jyoho Service Co was 72.83. The lowest was 14.24. And the median was 20.09.


Be Aware

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


Miroku Jyoho Service Co E10 Related Terms


Miroku Jyoho Service Co E10 Historical Data

* Premium members only.

The historical data trend for Miroku Jyoho Service 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.

Miroku Jyoho Service Co E10 Chart

Miroku Jyoho Service 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 74.22 83.51 94.18 105.89 118.46

Miroku Jyoho Service Co 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 105.89 107.95 112.54 116.89 118.46

TSE:9928 vs UBER, SHOP, CRM: E10 Comparison

For the Software - Application subindustry, Miroku Jyoho Service 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.


Miroku Jyoho Service Co Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Miroku Jyoho Service Co's Shiller PE Ratio distribution charts can be found below:

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


TSE:9928
91GF Score
Miroku Jyoho Service Co Ltd TSE:9928
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miroku Jyoho Service 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, Miroku Jyoho Service 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)
=37.76/112.7000*112.7000
=37.760

Current CPI (Mar. 2026) = 112.7000.

Miroku Jyoho Service Co Quarterly Data

per share eps CPI Adj_EPS
201606 20.700 98.100 23.781
201609 20.320 98.000 23.368
201612 22.210 98.400 25.438
201703 16.590 98.100 19.059
201706 22.770 98.500 26.053
201709 28.270 98.800 32.247
201712 24.690 99.400 27.994
201803 13.250 99.200 15.053
201806 28.780 99.200 32.697
201809 31.630 99.900 35.683
201812 25.280 99.700 28.576
201903 26.830 99.700 30.328
201906 28.350 99.800 32.014
201909 45.150 100.100 50.833
201912 24.890 100.500 27.911
202003 -53.470 100.300 -60.080
202006 16.450 99.900 18.558
202009 21.870 99.900 24.672
202012 17.830 99.300 20.236
202103 19.120 99.900 21.570
202106 16.460 99.500 18.644
202109 70.190 100.100 79.025
202112 25.870 100.100 29.126
202203 17.610 101.100 19.631
202206 28.020 101.800 31.020
202209 28.140 103.100 30.760
202212 50.550 104.100 54.726
202303 2.620 104.400 2.828
202306 26.980 105.200 28.903
202309 26.130 106.200 27.729
202312 47.370 106.800 49.987
202403 32.190 107.200 33.842
202406 36.380 108.200 37.893
202409 30.590 108.900 31.657
202412 48.860 110.700 49.743
202503 26.590 111.100 26.973
202506 29.100 111.700 29.361
202509 57.180 112.000 57.537
202512 51.620 113.000 51.483
202603 37.760 112.700 37.760

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118.46 mean?
Miroku Jyoho Service Co (TSE:9928) has a E10 of 円118.46 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Miroku Jyoho Service Co and its competitors.
Is Miroku Jyoho Service Co's E10 too high?
Miroku Jyoho Service Co's current E10 is 円118.46. Overall, Miroku Jyoho Service Co has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Miroku Jyoho Service Co's E10 compare to UBER and SHOP?
Miroku Jyoho Service Co's E10 of 円118.46 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Miroku Jyoho Service Co and its competitors. Miroku Jyoho Service Co's current E10 is 円118.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miroku Jyoho Service Co stock overvalued right now?
Based on GuruFocus' analysis, Miroku Jyoho Service Co (TSE:9928) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,063.42, compared to a current price of 円1,827.00 — trading 11.5% below its estimated fair value. The current E10 is 円118.46. Miroku Jyoho Service Co's overall GF Score™ is 91/100. 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 Miroku Jyoho Service Co (TSE:9928), the current E10 is 円118.46 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 Miroku Jyoho Service Co (TSE:9928) Overvalued in 2026?

Based on GuruFocus' analysis, Miroku Jyoho Service Co stock appears to be undervalued. The current stock price of 円1,827.00 is trading 11.5% below its estimated GF Value™ of 円2,063.42. GuruFocus considers Miroku Jyoho Service Co to be Modestly Undervalued.

Key valuation signals for TSE:9928:

  • E10: 円118.46
  • GF Value™: 円2,063.42 vs. price of 円1,827.00 (11.5% below fair value)
  • GF Score™: 91/100

No single metric tells the full story. See the TSE:9928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miroku Jyoho Service Co Business Description

Address 4-29-1 Yotsuya, Tokyo, JPN, 160-0004
Miroku Jyoho Service Co Ltd offers systems, solutions, and services to accounting firms and their client companies, small and mid-sized companies and data-compatible financial accounting systems. The firm's products include software applications, hardware, and supplies. Its services include tax service, account processing service, management guidance service, IT support and provision of management information services and installation and software and hardware support services etc.
91GF Score

Get the complete analysis for TSE:9928

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

円1,827.00
Price
円2,063.42
GF Value