Kiwoom Securities Co (XKRX:039490) E10: ₩25,976.47 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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XKRX:039490 Kiwoom Securities Co Ltd XKRX:039490
72 GF Score
Price ₩277,500.00
GF Value ₩198,916.88
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Kiwoom Securities Co E10?

Kiwoom Securities Co XKRX:039490 -0.36% 72 E10 is ₩25,976.47 as of Jun. 2026. GuruFocus rates XKRX:039490 with a GF Score™ of 72/100 and a GF Value™ of ₩198,916.88 (Significantly Overvalued). 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.

Kiwoom Securities Co's adjusted earnings per share data for the three months ended in Jun. 2026 was ₩25,945.383. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₩25,976.47 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Kiwoom Securities Co's average E10 Growth Rate was 32.60% per year. During the past 3 years, the average E10 Growth Rate was 15.30% per year. During the past 5 years, the average E10 Growth Rate was 17.20% 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 Kiwoom Securities Co was 26.80% per year. The lowest was 9.00% per year. And the median was 16.80% per year.

As of today (2026-09-01), Kiwoom Securities Co's current stock price is ₩277500.00. Kiwoom Securities Co's E10 for the quarter that ended in Jun. 2026 was ₩25,976.47. Kiwoom Securities Co's Shiller PE Ratio of today is 10.68.

During the past 13 years, the highest Shiller PE Ratio of Kiwoom Securities Co was 22.92. The lowest was 4.80. And the median was 11.19.


Kiwoom Securities Co  (XKRX:039490) 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.

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

Shiller PE Ratio=Share Price/E10
=277500.00/25976.47
=10.68

* 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 Kiwoom Securities Co was 22.92. The lowest was 4.80. And the median was 11.19.


Be Aware

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


Kiwoom Securities Co E10 Related Terms


Kiwoom Securities Co E10 Historical Data

* Premium members only.

The historical data trend for Kiwoom Securities 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.

Kiwoom Securities Co E10 Chart

Kiwoom Securities Co 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 12,152.79 14,113.94 15,383.40 18,080.57 21,621.92

Kiwoom Securities Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 19,592.03 20,740.86 21,621.92 23,368.74 25,976.47

XKRX:039490 vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, Kiwoom Securities 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.


Kiwoom Securities Co Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Kiwoom Securities Co's Shiller PE Ratio distribution charts can be found below:

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


XKRX:039490
72GF Score
Kiwoom Securities Co Ltd XKRX:039490
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kiwoom Securities 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, Kiwoom Securities Co's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=25945.383/126.4904*126.4904
=25,945.383

Current CPI (Jun. 2026) = 126.4904.

Kiwoom Securities Co Quarterly Data

per share eps CPI Adj_EPS
201609 1,944.000 101.461 2,423.560
201612 2,154.000 101.561 2,682.718
201703 2,744.000 102.851 3,374.697
201706 3,294.000 102.611 4,060.560
201709 1,472.000 103.491 1,799.140
201712 3,337.000 102.991 4,098.409
201803 3,150.000 104.101 3,827.490
201806 2,902.000 104.130 3,525.152
201809 1,720.000 105.651 2,059.276
201812 -1,015.000 104.351 -1,230.349
201903 5,212.000 104.491 6,309.334
201906 1,887.000 104.881 2,275.795
201909 2,281.000 105.200 2,742.621
201912 2,818.000 105.121 3,390.844
202003 300.000 105.354 360.186
202006 7,330.000 105.112 8,820.842
202009 8,796.000 106.198 10,476.786
202012 10,757.000 105.765 12,864.862
202103 10,128.000 107.357 11,933.012
202106 7,664.000 107.579 9,011.294
202109 7,299.000 108.759 8,488.969
202112 5,951.000 109.676 6,863.321
202203 4,472.000 111.848 5,057.445
202206 3,514.000 114.072 3,896.540
202209 4,087.000 114.715 4,506.515
202212 4,408.000 115.179 4,840.889
202303 9,549.000 116.507 10,367.211
202306 4,457.000 117.182 4,811.040
202309 6,813.000 118.964 7,244.057
202312 -6,977.000 118.837 -7,426.330
202403 8,198.000 120.123 8,632.540
202406 8,634.000 120.007 9,100.431
202409 7,961.000 120.861 8,331.789
202412 3,204.000 121.135 3,345.644
202503 8,099.000 122.590 8,356.683
202506 11,773.000 122.611 12,145.487
202509 12,371.000 123.402 12,680.642
202512 9,349.000 123.939 9,541.435
202603 18,048.000 125.236 18,228.774
202606 25,945.383 126.490 25,945.383

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 ₩25,976.47 mean?
Kiwoom Securities Co (XKRX:039490) has a E10 of ₩25,976.47 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Kiwoom Securities Co and its competitors.
Is Kiwoom Securities Co's E10 too high?
Kiwoom Securities Co's current E10 is ₩25,976.47. Overall, Kiwoom Securities Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kiwoom Securities Co's E10 compare to MS and GS?
Kiwoom Securities Co's E10 of ₩25,976.47 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 Kiwoom Securities Co and its competitors. Kiwoom Securities Co's current E10 is ₩25,976.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kiwoom Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Kiwoom Securities Co (XKRX:039490) is currently considered Significantly Overvalued. The stock's GF Value™ is ₩198,916.88, compared to a current price of ₩277,500.00 — trading 39.5% above its estimated fair value. The current E10 is ₩25,976.47. Kiwoom Securities Co's overall GF Score™ is 72/100 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 Kiwoom Securities Co (XKRX:039490), the current E10 is ₩25,976.47 as of Jun. 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 Kiwoom Securities Co (XKRX:039490) Overvalued in 2026?

Based on GuruFocus' analysis, Kiwoom Securities Co stock appears to be overvalued. The current stock price of ₩277,500.00 is trading 39.5% above its estimated GF Value™ of ₩198,916.88. GuruFocus considers Kiwoom Securities Co to be Significantly Overvalued.

Key valuation signals for XKRX:039490:

  • E10: ₩25,976.47
  • GF Value™: ₩198,916.88 vs. price of ₩277,500.00 (39.5% above fair value)
  • GF Score™: 72/100 with 3 warning signs

No single metric tells the full story. See the XKRX:039490 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kiwoom Securities Co Business Description

Address 23-7 Yeouido-dong, Yeongdeungpo-gu, Seoul, KOR, 150-738
Kiwoom Securities Co Ltd is a Korea based company engaged in capital market and financial investment business. It provides online comprehensive securities services and deals with investment and trading. It offers services including equity brokerage, financial research, asset management, investment banking, project financing and financial consulting services.
72GF Score

Get the complete analysis for XKRX:039490

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

₩277,500.00
Price
₩198,916.88
GF Value