Hapvida Participacoes Investimento (BSP:HAPV3) E10: R$1.81 (As of Mar. 2026)


BSP:HAPV3 Hapvida Participacoes Investimento SA BSP:HAPV3
67 GF Score
Price R$10.24
GF Value R$54.47
Valuation Possible Value Trap
! 5 Warning Signs
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What is Hapvida Participacoes Investimento E10?

Hapvida Participacoes Investimento BSP:HAPV3 +1.19% 67 E10 is R$1.81 as of Mar. 2026. GuruFocus rates BSP:HAPV3 with a GF Score™ of 67/100 and a GF Value™ of R$54.47 (Possible Value Trap). 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.

Hapvida Participacoes Investimento's adjusted earnings per share data for the three months ended in Mar. 2026 was R$-0.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.81 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 (2026-06-28), Hapvida Participacoes Investimento's current stock price is R$10.24. Hapvida Participacoes Investimento's E10 for the quarter that ended in Mar. 2026 was R$1.81. Hapvida Participacoes Investimento's Shiller PE Ratio of today is 5.66.

During the past 12 years, the highest Shiller PE Ratio of Hapvida Participacoes Investimento was 7.78. The lowest was 5.66. And the median was 6.66.


Hapvida Participacoes Investimento  (BSP:HAPV3) 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.

Hapvida Participacoes Investimento's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=10.24/1.81
=5.66

* 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 12 years, the highest Shiller P/E Ratio of Hapvida Participacoes Investimento was 7.78. The lowest was 5.66. And the median was 6.66.


Be Aware

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


Hapvida Participacoes Investimento E10 Related Terms


Hapvida Participacoes Investimento E10 Historical Data

* Premium members only.

The historical data trend for Hapvida Participacoes Investimento'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.

Hapvida Participacoes Investimento E10 Chart

Hapvida Participacoes Investimento 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 0.00 0.00

Hapvida Participacoes Investimento 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 0.00 0.00 0.00 0.00 1.81

BSP:HAPV3 vs AFL, MET, PRU: E10 Comparison

For the Insurance - Life subindustry, Hapvida Participacoes Investimento'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.


Hapvida Participacoes Investimento Shiller PE Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Hapvida Participacoes Investimento's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hapvida Participacoes Investimento's Shiller PE Ratio falls into.


BSP:HAPV3
67GF Score
Hapvida Participacoes Investimento SA BSP:HAPV3
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hapvida Participacoes Investimento 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, Hapvida Participacoes Investimento'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)
=-0.21/175.0655*175.0655
=-0.210

Current CPI (Mar. 2026) = 175.0655.

Hapvida Participacoes Investimento Quarterly Data

per share eps CPI Adj_EPS
201412 0.000 94.194 0.000
201512 0.000 104.247 0.000
201612 0.000 110.802 0.000
201703 0.870 111.869 1.361
201706 0.869 112.115 1.357
201709 0.832 112.777 1.292
201712 0.540 114.068 0.829
201803 1.140 114.868 1.737
201806 0.720 117.038 1.077
201809 0.930 117.881 1.381
201812 1.046 118.340 1.547
201903 0.930 120.124 1.355
201906 0.996 120.977 1.441
201909 0.868 121.292 1.253
201912 0.540 123.436 0.766
202003 0.600 124.092 0.846
202006 1.200 123.557 1.700
202009 1.050 125.095 1.469
202012 0.300 129.012 0.407
202103 0.600 131.660 0.798
202106 0.450 133.871 0.588
202109 0.150 137.913 0.190
202112 0.776 141.992 0.957
202203 -0.450 146.537 -0.538
202206 -0.750 149.784 -0.877
202209 0.150 147.800 0.178
202212 -0.600 150.207 -0.699
202303 -0.750 153.352 -0.856
202306 -0.600 154.519 -0.680
202309 -0.450 155.464 -0.507
202312 0.150 157.148 0.167
202403 0.150 159.372 0.165
202406 -0.750 161.052 -0.815
202409 -0.160 162.342 -0.173
202412 -0.490 164.740 -0.521
202503 0.370 168.102 0.385
202506 -0.660 169.670 -0.681
202509 0.170 170.739 0.174
202512 -0.160 171.765 -0.163
202603 -0.210 175.066 -0.210

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$1.81 mean?
Hapvida Participacoes Investimento (BSP:HAPV3) has a E10 of R$1.81 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hapvida Participacoes Investimento and its competitors.
Is Hapvida Participacoes Investimento's E10 too high?
Hapvida Participacoes Investimento's current E10 is R$1.81. Overall, Hapvida Participacoes Investimento has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hapvida Participacoes Investimento's E10 compare to AFL and MET?
Hapvida Participacoes Investimento's E10 of R$1.81 can be compared against companies in the Insurance 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 Insurance company?
A good E10 depends on the Insurance 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 Hapvida Participacoes Investimento and its competitors. Hapvida Participacoes Investimento's current E10 is R$1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hapvida Participacoes Investimento stock overvalued right now?
Based on GuruFocus' analysis, Hapvida Participacoes Investimento (BSP:HAPV3) is currently considered Possible Value Trap. The stock's GF Value™ is R$54.47, compared to a current price of R$10.24 — trading 81.2% below its estimated fair value. The current E10 is R$1.81. Hapvida Participacoes Investimento's overall GF Score™ is 67/100 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 Hapvida Participacoes Investimento (BSP:HAPV3), the current E10 is R$1.81 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 Hapvida Participacoes Investimento (BSP:HAPV3) Overvalued in 2026?

Based on GuruFocus' analysis, Hapvida Participacoes Investimento stock appears to be undervalued. The current stock price of R$10.24 is trading 81.2% below its estimated GF Value™ of R$54.47. GuruFocus considers Hapvida Participacoes Investimento to be Possible Value Trap.

Key valuation signals for BSP:HAPV3:

  • E10: R$1.81
  • GF Value™: R$54.47 vs. price of R$10.24 (81.2% below fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the BSP:HAPV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hapvida Participacoes Investimento Business Description

Address No. 406, Avenue Heraclito Graca, Fortaleza, CE, BRA, 60140-061
Hapvida Participacoes Investimento SA is the medical-hospital and dental care company. The company and its subsidiaries are mainly engaged in the sale of health insurance plans and delivering the majority of medical assistance at its own hospitals, clinics, imaging diagnostics and laboratories; and the sale of dental insurance plans for services provided by an accredited network.
67GF Score

Get the complete analysis for BSP:HAPV3

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

R$10.24
Price
R$54.47
GF Value