Armatura (BSE:ARM) E10: lei-0.02 (As of Mar. 2026)


BSE:ARM Armatura SA BSE:ARM
43 GF Score
Price lei0.30
GF Value lei0.06
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Armatura E10?

Armatura BSE:ARM -2.63% 43 E10 is lei-0.02 as of Mar. 2026. GuruFocus rates BSE:ARM with a GF Score™ of 43/100 and a GF Value™ of lei0.06 (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.

Armatura's adjusted earnings per share data for the three months ended in Mar. 2026 was lei-0.002. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is lei-0.02 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 12.60% 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 Armatura was 12.60% per year. The lowest was 9.10% per year. And the median was 10.85% per year.

As of today (2026-06-28), Armatura's current stock price is lei0.296. Armatura's E10 for the quarter that ended in Mar. 2026 was lei-0.02. Armatura's Shiller PE Ratio of today is .


Armatura  (BSE:ARM) 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.


Armatura E10 Related Terms


Armatura E10 Historical Data

* Premium members only.

The historical data trend for Armatura'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.

Armatura E10 Chart

Armatura 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 -0.04 -0.03 -0.03 -0.03 -0.02

Armatura 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 -0.03 -0.02 -0.03 -0.02 -0.02

BSE:ARM vs GEV, ETN, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Armatura'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.


Armatura Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Armatura's Shiller PE Ratio distribution charts can be found below:

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


BSE:ARM
43GF Score
Armatura SA BSE:ARM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Armatura 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, Armatura'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)
=-0.002/330.2130*330.2130
=-0.002

Current CPI (Mar. 2026) = 330.2130.

Armatura Quarterly Data

per share eps CPI Adj_EPS
201606 -0.011 241.018 -0.015
201609 0.000 241.428 0.000
201612 -0.050 241.432 -0.068
201703 -0.022 243.801 -0.030
201706 -0.014 244.955 -0.019
201709 -0.034 246.819 -0.045
201712 -0.147 246.524 -0.197
201803 -0.005 249.554 -0.007
201806 -0.004 251.989 -0.005
201809 -0.011 252.439 -0.014
201812 -0.027 251.233 -0.035
201903 -0.029 254.202 -0.038
201906 -0.005 256.143 -0.006
201909 -0.016 256.759 -0.021
201912 -0.037 256.974 -0.048
202003 -0.025 258.115 -0.032
202006 -0.015 257.797 -0.019
202009 -0.016 260.280 -0.020
202012 -0.005 260.474 -0.006
202103 -0.021 264.877 -0.026
202106 -0.027 271.696 -0.033
202109 0.005 274.310 0.006
202112 0.448 278.802 0.531
202203 -0.002 287.504 -0.002
202206 -0.008 296.311 -0.009
202209 -0.006 296.808 -0.007
202212 -0.006 296.797 -0.007
202303 -0.021 301.836 -0.023
202306 0.020 305.109 0.022
202309 -0.006 307.789 -0.006
202312 -0.005 306.746 -0.005
202403 -0.005 312.332 -0.005
202406 -0.001 314.175 -0.001
202409 0.002 315.301 0.002
202412 0.004 315.605 0.004
202503 0.002 319.799 0.002
202506 -0.005 322.561 -0.005
202509 -0.012 324.800 -0.012
202512 -0.005 324.054 -0.005
202603 -0.002 330.213 -0.002

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 lei-0.02 mean?
Armatura (BSE:ARM) has a E10 of lei-0.02 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Armatura and its competitors.
Is Armatura's E10 too high?
Armatura's current E10 is lei-0.02. Overall, Armatura has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Armatura's E10 compare to GEV and ETN?
Armatura's E10 of lei-0.02 can be compared against companies in the Industrial 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 an Industrial Products company?
A good E10 depends on the Industrial 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 Armatura and its competitors. Armatura's current E10 is lei-0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armatura stock overvalued right now?
Based on GuruFocus' analysis, Armatura (BSE:ARM) is currently considered Significantly Overvalued. The stock's GF Value™ is lei0.06, compared to a current price of lei0.30 — trading 393.3% above its estimated fair value. The current E10 is lei-0.02. Armatura's overall GF Score™ is 43/100 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 Armatura (BSE:ARM), the current E10 is lei-0.02 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 Armatura (BSE:ARM) Overvalued in 2026?

Based on GuruFocus' analysis, Armatura stock appears to be overvalued. The current stock price of lei0.30 is trading 393.3% above its estimated GF Value™ of lei0.06. GuruFocus considers Armatura to be Significantly Overvalued.

Key valuation signals for BSE:ARM:

  • E10: lei-0.02
  • GF Value™: lei0.06 vs. price of lei0.30 (393.3% above fair value)
  • GF Score™: 43/100 with 3 warning signs

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


Armatura Business Description

Address 19 Garii Street, Cluj-Napoca, ROU, 400267
Armatura SA operates in the field of metal fittings with experience in the production of fittings for heating and water and gas supply installations. The company sold its product both in national and international markets.
43GF Score

Get the complete analysis for BSE:ARM

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

lei0.30
Price
lei0.06
GF Value