ITOCHU (WBO:IOC) E10: €0.52 (As of Mar. 2026)


WBO:IOC ITOCHU Corp WBO:IOC
79 GF Score
Price €9.98
GF Value €8.71
Valuation Modestly Overvalued
! 4 Warning Signs
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What is ITOCHU E10?

ITOCHU WBO:IOC +0.30% 79 E10 is €0.52 as of Mar. 2026. GuruFocus rates WBO:IOC with a GF Score™ of 79/100 and a GF Value™ of €8.71 (Modestly Overvalued). The stock has 4 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.

ITOCHU's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.152. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ITOCHU's average E10 Growth Rate was 12.80% per year. During the past 3 years, the average E10 Growth Rate was 14.20% per year. During the past 5 years, the average E10 Growth Rate was 15.40% per year. During the past 10 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 ITOCHU was 16.20% per year. The lowest was 4.90% per year. And the median was 12.50% per year.

As of today (2026-06-27), ITOCHU's current stock price is €9.98. ITOCHU's E10 for the quarter that ended in Mar. 2026 was €0.52. ITOCHU's Shiller PE Ratio of today is 19.19.

During the past 13 years, the highest Shiller PE Ratio of ITOCHU was 25.09. The lowest was 7.95. And the median was 13.37.


ITOCHU  (WBO:IOC) 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.

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

Shiller PE Ratio=Share Price/E10
=9.98/0.52
=19.19

* 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 ITOCHU was 25.09. The lowest was 7.95. And the median was 13.37.


Be Aware

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


ITOCHU E10 Related Terms


ITOCHU E10 Historical Data

* Premium members only.

The historical data trend for ITOCHU'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.

ITOCHU E10 Chart

ITOCHU 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 0.40 0.44 0.44 0.51 0.52

ITOCHU 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 0.51 0.51 0.51 0.50 0.52

WBO:IOC vs HON, MMM: E10 Comparison

For the Conglomerates subindustry, ITOCHU'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.


ITOCHU Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, ITOCHU's Shiller PE Ratio distribution charts can be found below:

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


WBO:IOC
79GF Score
ITOCHU Corp WBO:IOC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ITOCHU 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, ITOCHU'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)
=0.152/112.7000*112.7000
=0.152

Current CPI (Mar. 2026) = 112.7000.

ITOCHU Quarterly Data

per share eps CPI Adj_EPS
201606 0.078 98.100 0.090
201609 0.143 98.000 0.164
201612 0.102 98.400 0.117
201703 0.055 98.100 0.063
201706 0.111 98.500 0.127
201709 0.131 98.800 0.149
201712 0.111 99.400 0.126
201803 0.043 99.200 0.049
201806 0.114 99.200 0.130
201809 0.143 99.900 0.161
201812 0.141 99.700 0.159
201903 0.107 99.700 0.121
201906 0.160 99.800 0.181
201909 0.161 100.100 0.181
201912 0.152 100.500 0.170
202003 0.084 100.300 0.094
202006 0.116 99.900 0.131
202009 0.160 99.900 0.181
202012 0.119 99.300 0.135
202103 0.039 99.900 0.044
202106 0.272 99.500 0.308
202109 0.242 100.100 0.272
202112 0.187 100.100 0.211
202203 0.147 101.100 0.164
202206 0.222 101.800 0.246
202209 0.242 103.100 0.265
202212 0.190 104.100 0.206
202303 0.114 104.400 0.123
202306 0.191 105.200 0.205
202309 0.174 106.200 0.185
202312 0.175 106.800 0.185
202403 0.162 107.200 0.170
202406 0.169 108.200 0.176
202409 0.203 108.900 0.210
202412 0.207 110.700 0.211
202503 0.178 111.100 0.181
202506 0.241 111.700 0.243
202509 0.177 112.000 0.178
202512 0.160 113.000 0.160
202603 0.152 112.700 0.152

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 €0.52 mean?
ITOCHU (WBO:IOC) has a E10 of €0.52 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on ITOCHU and its competitors.
Is ITOCHU's E10 too high?
ITOCHU's current E10 is €0.52. Overall, ITOCHU has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ITOCHU's E10 compare to HON and MMM?
ITOCHU's E10 of €0.52 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 ITOCHU and its competitors. ITOCHU's current E10 is €0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITOCHU stock overvalued right now?
Based on GuruFocus' analysis, ITOCHU (WBO:IOC) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.71, compared to a current price of €9.98 — trading 14.6% above its estimated fair value. The current E10 is €0.52. ITOCHU's overall GF Score™ is 79/100 with 4 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 ITOCHU (WBO:IOC), the current E10 is €0.52 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 ITOCHU (WBO:IOC) Overvalued in 2026?

Based on GuruFocus' analysis, ITOCHU stock appears to be overvalued. The current stock price of €9.98 is trading 14.6% above its estimated GF Value™ of €8.71. GuruFocus considers ITOCHU to be Modestly Overvalued.

Key valuation signals for WBO:IOC:

  • E10: €0.52
  • GF Value™: €8.71 vs. price of €9.98 (14.6% above fair value)
  • GF Score™: 79/100 with 4 warning signs

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


ITOCHU Business Description

Address 5-1, Kita Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8077
Itochu is a general trading house, or sogo shosha, a conglomerate type unique to Japan. The primary driver for sogo shoshas is trading and intermediation between businesses and leveraging their wide domestic and global information and contact networks to extract value. Itochu has historical roots as a textile trader, but over the years has expanded its portfolio from upstream minerals production, to midstream industrial machinery, food processing, and information and communication technology, and all the way to downstream textiles, convenience stores (Family Mart) and realty. Among the Big Five sogo shoshas, Itochu has the highest exposure to the nonresources businesses, and to the domestic business. It continues to skew its future investments toward the downstream and consumer businesses.
79GF Score

Get the complete analysis for WBO:IOC

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

€9.98
Price
€8.71
GF Value