Fleury (BSP:FLRY3) E10: R$1.23 (As of Mar. 2026)


BSP:FLRY3 Fleury SA BSP:FLRY3
91 GF Score
Price R$15.61
GF Value R$17.41
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Fleury E10?

Fleury BSP:FLRY3 +1.04% 91 E10 is R$1.23 as of Mar. 2026. GuruFocus rates BSP:FLRY3 with a GF Score™ of 91/100 and a GF Value™ of R$17.41 (Modestly Undervalued). 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.

Fleury's adjusted earnings per share data for the three months ended in Mar. 2026 was R$0.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.23 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fleury's average E10 Growth Rate was 8.80% per year. During the past 3 years, the average E10 Growth Rate was 11.00% per year. During the past 5 years, the average E10 Growth Rate was 11.60% 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 Fleury was 12.60% per year. The lowest was 9.60% per year. And the median was 11.00% per year.

As of today (2026-06-27), Fleury's current stock price is R$15.61. Fleury's E10 for the quarter that ended in Mar. 2026 was R$1.23. Fleury's Shiller PE Ratio of today is 12.69.

During the past 13 years, the highest Shiller PE Ratio of Fleury was 46.23. The lowest was 10.24. And the median was 17.95.


Fleury  (BSP:FLRY3) 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.

Fleury's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.61/1.23
=12.69

* 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 Fleury was 46.23. The lowest was 10.24. And the median was 17.95.


Be Aware

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


Fleury E10 Related Terms


Fleury E10 Historical Data

* Premium members only.

The historical data trend for Fleury'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.

Fleury E10 Chart

Fleury 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 0.79 0.87 0.97 1.08 1.19

Fleury 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 1.13 1.15 1.18 1.19 1.23

BSP:FLRY3 vs TMO, DHR, IDXX: E10 Comparison

For the Diagnostics & Research subindustry, Fleury'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.


Fleury Shiller PE Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Fleury's Shiller PE Ratio distribution charts can be found below:

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


BSP:FLRY3
91GF Score
Fleury SA BSP:FLRY3
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fleury 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, Fleury'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)
=0.37/175.0655*175.0655
=0.370

Current CPI (Mar. 2026) = 175.0655.

Fleury Quarterly Data

per share eps CPI Adj_EPS
201606 0.132 108.851 0.212
201609 0.189 109.986 0.301
201612 0.207 110.802 0.327
201703 0.245 111.869 0.383
201706 0.255 112.115 0.398
201709 0.255 112.777 0.396
201712 0.189 114.068 0.290
201803 0.283 114.868 0.431
201806 0.255 117.038 0.381
201809 0.264 117.881 0.392
201812 0.170 118.340 0.251
201903 0.273 120.124 0.398
201906 0.217 120.977 0.314
201909 0.264 121.292 0.381
201912 0.170 123.436 0.241
202003 0.170 124.092 0.240
202006 -0.217 123.557 -0.307
202009 0.387 125.095 0.542
202012 0.405 129.012 0.550
202103 0.349 131.660 0.464
202106 0.194 133.871 0.254
202109 0.283 137.913 0.359
202112 0.208 141.992 0.256
202203 0.333 146.537 0.398
202206 0.210 149.784 0.245
202209 0.305 147.800 0.361
202212 0.076 150.207 0.089
202303 0.260 153.352 0.297
202306 0.136 154.519 0.154
202309 0.319 155.464 0.359
202312 0.149 157.148 0.166
202403 0.310 159.372 0.341
202406 0.318 161.052 0.346
202409 0.350 162.342 0.377
202412 0.150 164.740 0.159
202503 0.330 168.102 0.344
202506 0.279 169.670 0.288
202509 0.339 170.739 0.348
202512 0.170 171.765 0.173
202603 0.370 175.066 0.370

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$1.23 mean?
Fleury (BSP:FLRY3) has a E10 of R$1.23 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fleury and its competitors.
Is Fleury's E10 too high?
Fleury's current E10 is R$1.23. Overall, Fleury has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fleury's E10 compare to TMO and DHR?
Fleury's E10 of R$1.23 can be compared against companies in the Medical Diagnostics & Research 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 Medical Diagnostics & Research company?
A good E10 depends on the Medical Diagnostics & Research 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 Fleury and its competitors. Fleury's current E10 is R$1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fleury stock overvalued right now?
Based on GuruFocus' analysis, Fleury (BSP:FLRY3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$17.41, compared to a current price of R$15.61 — trading 10.3% below its estimated fair value. The current E10 is R$1.23. Fleury's overall GF Score™ is 91/100 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 Fleury (BSP:FLRY3), the current E10 is R$1.23 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 Fleury (BSP:FLRY3) Overvalued in 2026?

Based on GuruFocus' analysis, Fleury stock appears to be undervalued. The current stock price of R$15.61 is trading 10.3% below its estimated GF Value™ of R$17.41. GuruFocus considers Fleury to be Modestly Undervalued.

Key valuation signals for BSP:FLRY3:

  • E10: R$1.23
  • GF Value™: R$17.41 vs. price of R$15.61 (10.3% below fair value)
  • GF Score™: 91/100 with 4 warning signs

No single metric tells the full story. See the BSP:FLRY3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fleury Business Description

Address Avenida Morumbi 8.860, 8th floor, Brooklin, Sao Paulo, SP, BRA, 04703-002
Fleury SA is engaged in the provision of medical services in the diagnostic, laboratory support (Lab-to-Lab), infusions, clinical analysis, health management, medical care, orthopedics and ophthalmology, fertility, infusion areas and toxicological exams, among others. The company offers diagnostic medicine through physical service units and mobile diagnostic services for consumers. It also provides diagnostic support services to laboratories and hospitals. In addition, the company operates clinics and services in areas such as infusion therapy, orthopedics, ophthalmology, reproductive medicine, and oncology. It has two reportable business segments: Diagnostic Medicine and Integrated Medicine. The maximum revenue is generated from the Diagnostic Medicine Segment.
91GF Score

Get the complete analysis for BSP:FLRY3

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

R$15.61
Price
R$17.41
GF Value