AIRG (Airgain) E10: $-0.50 (As of Mar. 2026)


AIRG Airgain Inc AIRG
54 GF Score
Price $6.28
GF Value $3.82
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Airgain E10?

Airgain AIRG +0.96% 54 E10 is $-0.50 as of Mar. 2026. GuruFocus rates AIRG with a GF Score™ of 54/100 and a GF Value™ of $3.82 (Significantly 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.

Airgain's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.150. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.50 for the trailing ten years ended in Mar. 2026.

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.

As of today (2026-06-25), Airgain's current stock price is $6.28. Airgain's E10 for the quarter that ended in Mar. 2026 was $-0.50. Airgain's Shiller PE Ratio of today is .


Airgain  (NAS:AIRG) 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.


Be Aware

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


Airgain E10 Related Terms


Airgain E10 Historical Data

* Premium members only.

The historical data trend for Airgain'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.

Airgain E10 Chart

Airgain 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 0.00 0.00 0.00 -0.50 -0.49

Airgain 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 -0.49 -0.49 -0.49 -0.49 -0.50

AIRG vs WSTL, AMPG, OCC: E10 Comparison

For the Communication Equipment subindustry, Airgain'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.


Airgain Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Airgain's Shiller PE Ratio distribution charts can be found below:

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


AIRG
54GF Score
Airgain Inc AIRG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Airgain 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, Airgain'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)
=-0.15/330.2130*330.2130
=-0.150

Current CPI (Mar. 2026) = 330.2130.

Airgain Quarterly Data

per share eps CPI Adj_EPS
201606 0.093 241.018 0.127
201609 0.160 241.428 0.219
201612 0.120 241.432 0.164
201703 0.040 243.801 0.054
201706 -0.010 244.955 -0.013
201709 0.020 246.819 0.027
201712 0.060 246.524 0.080
201803 -0.120 249.554 -0.159
201806 -0.340 251.989 -0.446
201809 0.040 252.439 0.052
201812 0.130 251.233 0.171
201903 0.030 254.202 0.039
201906 0.070 256.143 0.090
201909 -0.010 256.759 -0.013
201912 0.010 256.974 0.013
202003 -0.120 258.115 -0.154
202006 -0.080 257.797 -0.102
202009 -0.030 260.280 -0.038
202012 -0.110 260.474 -0.139
202103 0.020 264.877 0.025
202106 -0.260 271.696 -0.316
202109 -0.300 274.310 -0.361
202112 -0.460 278.802 -0.545
202203 -0.250 287.504 -0.287
202206 -0.160 296.311 -0.178
202209 -0.130 296.808 -0.145
202212 -0.310 296.797 -0.345
202303 -0.280 301.836 -0.306
202306 -0.210 305.109 -0.227
202309 -0.180 307.789 -0.193
202312 -0.530 306.746 -0.571
202403 -0.230 312.332 -0.243
202406 -0.230 314.175 -0.242
202409 -0.160 315.301 -0.168
202412 -0.170 315.605 -0.178
202503 -0.130 319.799 -0.134
202506 -0.120 322.561 -0.123
202509 -0.080 324.800 -0.081
202512 -0.200 324.054 -0.204
202603 -0.150 330.213 -0.150

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 $-0.50 mean?
Airgain (AIRG) has a E10 of $-0.50 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Airgain and its competitors.
Is Airgain's E10 too high?
Airgain's current E10 is $-0.50. Overall, Airgain has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airgain's E10 compare to WSTL and AMPG?
Airgain's E10 of $-0.50 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Airgain and its competitors. Airgain's current E10 is $-0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airgain stock overvalued right now?
Based on GuruFocus' analysis, Airgain (AIRG) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.82, compared to a current price of $6.28 — trading 64.4% above its estimated fair value. The current E10 is $-0.50. Airgain's overall GF Score™ is 54/100 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 Airgain (AIRG), the current E10 is $-0.50 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 Airgain (AIRG) Overvalued in 2026?

Based on GuruFocus' analysis, Airgain stock appears to be overvalued. The current stock price of $6.28 is trading 64.4% above its estimated GF Value™ of $3.82. GuruFocus considers Airgain to be Significantly Overvalued.

Key valuation signals for AIRG:

  • E10: $-0.50
  • GF Value™: $3.82 vs. price of $6.28 (64.4% above fair value)
  • GF Score™: 54/100 with 4 warning signs

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


Airgain Business Description

Other Exchanges 6LV:Germany
Address 3611 Valley Centre Drive, Suite 150, San Diego, CA, USA, 92130
Airgain Incs a provider of advance wireless connectivity solutions. It is focused on delivering high-performance, cost-effective, and energy-efficient wireless solutions that enable rapid market deployment. It mission is to connect the world through integrated, and optimized wireless solutions. Companies' diverse product portfolio serves three primary markets: enterprise, automotive, and consumer. While historically recognized for high-performance radio frequency (RF) components, Airgain is increasingly delivering integrated, system-level connectivity solutions that combine hardware, software, and cloud management. The enterprise market demands reliable wireless access across diverse settings, including smart cities, campuses, stadiums, transportation hubs, utilities, buildings suburbs.
54GF Score

Get the complete analysis for AIRG

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

$6.28
Price
$3.82
GF Value