Marisa Lojas (BSP:AMAR3) E10: R$-3.93 (As of Mar. 2026)


BSP:AMAR3 Marisa Lojas SA BSP:AMAR3
26 GF Score
Price R$0.62
GF Value R$0.35
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Marisa Lojas E10?

Marisa Lojas BSP:AMAR3 -4.62% 26 E10 is R$-3.93 as of Mar. 2026. GuruFocus rates BSP:AMAR3 with a GF Score™ of 26/100 and a GF Value™ of R$0.35 (Significantly Overvalued). 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.

Marisa Lojas's adjusted earnings per share data for the three months ended in Mar. 2026 was R$-0.187. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-3.93 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -17.00% 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 Marisa Lojas was -17.00% per year. The lowest was -86.70% per year. And the median was -53.60% per year.

As of today (2026-06-27), Marisa Lojas's current stock price is R$0.62. Marisa Lojas's E10 for the quarter that ended in Mar. 2026 was R$-3.93. Marisa Lojas's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Marisa Lojas was 853.26. The lowest was 6.56. And the median was 15.63.


Marisa Lojas  (BSP:AMAR3) 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.

During the past 13 years, the highest Shiller P/E Ratio of Marisa Lojas was 853.26. The lowest was 6.56. And the median was 15.63.


Be Aware

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


Marisa Lojas E10 Related Terms


Marisa Lojas E10 Historical Data

* Premium members only.

The historical data trend for Marisa Lojas'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.

Marisa Lojas E10 Chart

Marisa Lojas 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 -0.61 -2.43 -3.38 -3.97 -3.89

Marisa Lojas 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 -4.02 -3.98 -3.79 -3.89 -3.93

BSP:AMAR3 vs TJX, ROST, BURL: E10 Comparison

For the Apparel Retail subindustry, Marisa Lojas'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.


Marisa Lojas Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Marisa Lojas's Shiller PE Ratio distribution charts can be found below:

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


BSP:AMAR3
26GF Score
Marisa Lojas SA BSP:AMAR3
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marisa Lojas 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, Marisa Lojas'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)
=-0.187/175.0655*175.0655
=-0.187

Current CPI (Mar. 2026) = 175.0655.

Marisa Lojas Quarterly Data

per share eps CPI Adj_EPS
201606 -0.408 108.851 -0.656
201609 -1.030 109.986 -1.639
201612 -0.133 110.802 -0.210
201703 0.327 111.869 0.512
201706 -0.541 112.115 -0.845
201709 -1.120 112.777 -1.739
201712 -0.012 114.068 -0.018
201803 -0.912 114.868 -1.390
201806 -0.671 117.038 -1.004
201809 -2.911 117.881 -4.323
201812 3.543 118.340 5.241
201903 -0.907 120.124 -1.322
201906 -0.628 120.977 -0.909
201909 -1.688 121.292 -2.436
201912 0.569 123.436 0.807
202003 -1.858 124.092 -2.621
202006 -2.976 123.557 -4.217
202009 -2.157 125.095 -3.019
202012 -0.500 129.012 -0.678
202103 -0.924 131.660 -1.229
202106 -1.127 133.871 -1.474
202109 0.769 137.913 0.976
202112 -0.464 141.992 -0.572
202203 -1.311 146.537 -1.566
202206 -0.542 149.784 -0.633
202209 -1.474 147.800 -1.746
202212 -4.216 150.207 -4.914
202303 -2.152 153.352 -2.457
202306 -0.185 154.519 -0.210
202309 -0.573 155.464 -0.645
202312 -1.618 157.148 -1.802
202403 -0.433 159.372 -0.476
202406 -1.474 161.052 -1.602
202409 -0.139 162.342 -0.150
202412 0.011 164.740 0.012
202503 0.005 168.102 0.005
202506 0.004 169.670 0.004
202509 0.011 170.739 0.011
202512 -0.137 171.765 -0.140
202603 -0.187 175.066 -0.187

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 R$-3.93 mean?
Marisa Lojas (BSP:AMAR3) has a E10 of R$-3.93 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Marisa Lojas and its competitors.
Is Marisa Lojas' E10 too high?
Marisa Lojas' current E10 is R$-3.93. Overall, Marisa Lojas has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marisa Lojas' E10 compare to TJX and ROST?
Marisa Lojas' E10 of R$-3.93 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Marisa Lojas and its competitors. Marisa Lojas's current E10 is R$-3.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marisa Lojas stock overvalued right now?
Based on GuruFocus' analysis, Marisa Lojas (BSP:AMAR3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$0.35, compared to a current price of R$0.62 — trading 77.1% above its estimated fair value. The current E10 is R$-3.93. Marisa Lojas' overall GF Score™ is 26/100 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 Marisa Lojas (BSP:AMAR3), the current E10 is R$-3.93 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 Marisa Lojas (BSP:AMAR3) Overvalued in 2026?

Based on GuruFocus' analysis, Marisa Lojas stock appears to be overvalued. The current stock price of R$0.62 is trading 77.1% above its estimated GF Value™ of R$0.35. GuruFocus considers Marisa Lojas to be Significantly Overvalued.

Key valuation signals for BSP:AMAR3:

  • E10: R$-3.93
  • GF Value™: R$0.35 vs. price of R$0.62 (77.1% above fair value)
  • GF Score™: 26/100 with 5 warning signs

No single metric tells the full story. See the BSP:AMAR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marisa Lojas Business Description

Address Rua James Holland, 422, Barra Funda, Sao Paulo, SP, BRA, 1138050
Marisa Lojas SA is a retail store operator in Brazil. Its stores offer products related to fashion, underwear, footwear, and accessories for women, men, and children. Its products also include beds, tablecloths, children's bathrobes, and towels for home use. The company's income derives from three operating segments. The retail segment, which is the key revenue generator, includes the sale of clothing items, perfumes, beauty products, and watches, in physical stores and e-commerce. The credit card transactions segment is managed by the subsidiary and offered to the company's clients for the credit purchase of products, insurance, and payment of bills. The consumer credit segment offers personal loans to the company's consumers.
26GF Score

Get the complete analysis for BSP:AMAR3

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

R$0.62
Price
R$0.35
GF Value