Karelia Tobacco Co (ATH:KARE) E10: €32.85 (As of Mar. 2026)


ATH:KARE Karelia Tobacco Co Inc SA ATH:KARE
72 GF Score
Price €428.00
GF Value €407.16
Valuation Fairly Valued
! 5 Warning Signs
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What is Karelia Tobacco Co E10?

Karelia Tobacco Co ATH:KARE -0.23% 72 E10 is €32.85 as of Mar. 2026. GuruFocus rates ATH:KARE with a GF Score™ of 72/100 and a GF Value™ of €407.16 (Fairly Valued). The stock has 5 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.

Karelia Tobacco Co's adjusted earnings per share data for the three months ended in Mar. 2026 was €12.725. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €32.85 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Karelia Tobacco Co's average E10 Growth Rate was 7.40% per year. During the past 3 years, the average E10 Growth Rate was 3.00% per year. During the past 5 years, the average E10 Growth Rate was 5.90% 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 Karelia Tobacco Co was 10.60% per year. The lowest was 3.00% per year. And the median was 6.10% per year.

As of today (2026-06-28), Karelia Tobacco Co's current stock price is €428.00. Karelia Tobacco Co's E10 for the quarter that ended in Mar. 2026 was €32.85. Karelia Tobacco Co's Shiller PE Ratio of today is 13.03.

During the past 13 years, the highest Shiller PE Ratio of Karelia Tobacco Co was 13.72. The lowest was 8.43. And the median was 10.79.


Karelia Tobacco Co  (ATH:KARE) 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.

Karelia Tobacco Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=428.00/32.85
=13.03

* 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 Karelia Tobacco Co was 13.72. The lowest was 8.43. And the median was 10.79.


Be Aware

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


Karelia Tobacco Co E10 Related Terms


Karelia Tobacco Co E10 Historical Data

* Premium members only.

The historical data trend for Karelia Tobacco 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.

Karelia Tobacco Co E10 Chart

Karelia Tobacco 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 26.62 29.78 32.37 30.32 32.50

Karelia Tobacco 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 30.60 31.33 32.03 32.50 32.85

ATH:KARE vs PM, MO, TPB: E10 Comparison

For the Tobacco subindustry, Karelia Tobacco 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.


Karelia Tobacco Co Shiller PE Ratio vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Karelia Tobacco Co's Shiller PE Ratio distribution charts can be found below:

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


ATH:KARE
72GF Score
Karelia Tobacco Co Inc SA ATH:KARE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Karelia Tobacco 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, Karelia Tobacco 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)
=12.725/122.4494*122.4494
=12.725

Current CPI (Mar. 2026) = 122.4494.

Karelia Tobacco Co Quarterly Data

per share eps CPI Adj_EPS
201606 3.637 100.121 4.448
201609 5.416 99.878 6.640
201612 6.083 100.110 7.440
201703 6.780 100.770 8.239
201706 2.993 101.138 3.624
201709 5.372 100.882 6.520
201712 4.689 100.762 5.698
201803 5.353 100.534 6.520
201806 6.499 102.121 7.793
201809 5.978 101.982 7.178
201812 10.810 101.330 13.063
201903 5.714 101.482 6.895
201906 4.070 101.837 4.894
201909 8.367 101.906 10.054
201912 6.270 102.120 7.518
202003 7.520 101.479 9.074
202006 4.163 100.239 5.085
202009 4.806 99.886 5.892
202012 3.313 99.751 4.067
202103 8.717 99.817 10.693
202106 6.204 101.270 7.502
202109 8.988 102.095 10.780
202112 7.862 104.853 9.181
202203 7.865 108.651 8.864
202206 10.378 113.517 11.195
202209 10.521 114.371 11.264
202212 2.165 112.428 2.358
202303 7.402 113.620 7.977
202306 8.126 115.515 8.614
202309 10.483 116.234 11.044
202312 5.454 116.364 5.739
202403 10.620 117.285 11.088
202406 10.835 118.129 11.231
202409 7.550 119.650 7.727
202412 11.870 119.360 12.177
202503 7.695 120.133 7.843
202506 7.357 121.399 7.421
202509 11.953 121.946 12.002
202512 10.413 122.449 10.413
202603 12.725 122.449 12.725

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 €32.85 mean?
Karelia Tobacco Co (ATH:KARE) has a E10 of €32.85 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Karelia Tobacco Co and its competitors.
Is Karelia Tobacco Co's E10 too high?
Karelia Tobacco Co's current E10 is €32.85. Overall, Karelia Tobacco Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Karelia Tobacco Co's E10 compare to PM and MO?
Karelia Tobacco Co's E10 of €32.85 can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good E10 depends on the Tobacco Products 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 Karelia Tobacco Co and its competitors. Karelia Tobacco Co's current E10 is €32.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karelia Tobacco Co stock overvalued right now?
Based on GuruFocus' analysis, Karelia Tobacco Co (ATH:KARE) is currently considered Fairly Valued. The stock's GF Value™ is €407.16, compared to a current price of €428.00 — trading 5.1% above its estimated fair value. The current E10 is €32.85. Karelia Tobacco Co's overall GF Score™ is 72/100 with 5 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 Karelia Tobacco Co (ATH:KARE), the current E10 is €32.85 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 Karelia Tobacco Co (ATH:KARE) Overvalued in 2026?

Based on GuruFocus' analysis, Karelia Tobacco Co stock appears to be overvalued. The current stock price of €428.00 is trading 5.1% above its estimated GF Value™ of €407.16. GuruFocus considers Karelia Tobacco Co to be Fairly Valued.

Key valuation signals for ATH:KARE:

  • E10: €32.85
  • GF Value™: €407.16 vs. price of €428.00 (5.1% above fair value)
  • GF Score™: 72/100 with 5 warning signs

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


Karelia Tobacco Co Business Description

Other Exchanges DC5:Germany
Address Athinon Street, Kalamata, GRC, 24100
Karelia Tobacco Co Inc SA is in the business of manufacture, export, and wholesale of tobacco products such as cigarettes, cigars, hand-rolling cigarettes, and other duty-free tobacco products. The firm's flagship brands include George Karelias and Sons, Slims, Ome, Karelia Blue, and American Legend. Its geographical segment includes Greece and International. The company derives a majority of its revenue from the Greece segment.
72GF Score

Get the complete analysis for ATH:KARE

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

€428.00
Price
€407.16
GF Value