PanAtlantica (BSP:PATI4) E10: R$5.01 (As of Mar. 2026)


BSP:PATI4 PanAtlantica SA BSP:PATI4
54 GF Score
Price R$32.00
GF Value R$25.14
Valuation Modestly Overvalued
! 6 Warning Signs
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What is PanAtlantica E10?

PanAtlantica BSP:PATI4 54 E10 is R$5.01 as of Mar. 2026. GuruFocus rates BSP:PATI4 with a GF Score™ of 54/100 and a GF Value™ of R$25.14 (Modestly Overvalued). The stock has 6 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.

PanAtlantica's adjusted earnings per share data for the three months ended in Mar. 2026 was R$0.669. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$5.01 for the trailing ten years ended in Mar. 2026.

During the past 12 months, PanAtlantica's average E10 Growth Rate was 7.00% 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 PanAtlantica was 17.40% per year. The lowest was 3.50% per year. And the median was 10.45% per year.

As of today (2026-06-28), PanAtlantica's current stock price is R$32.00. PanAtlantica's E10 for the quarter that ended in Mar. 2026 was R$5.01. PanAtlantica's Shiller PE Ratio of today is 6.39.

During the past 13 years, the highest Shiller PE Ratio of PanAtlantica was 28.94. The lowest was 5.58. And the median was 8.79.


PanAtlantica  (BSP:PATI4) 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.

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

Shiller PE Ratio=Share Price/E10
=32.00/5.01
=6.39

* 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 PanAtlantica was 28.94. The lowest was 5.58. And the median was 8.79.


Be Aware

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


PanAtlantica E10 Related Terms


PanAtlantica E10 Historical Data

* Premium members only.

The historical data trend for PanAtlantica'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.

PanAtlantica E10 Chart

PanAtlantica 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 3.25 0.00 4.39 5.89 5.37

PanAtlantica 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 5.54 4.01 3.73 5.37 5.01

BSP:PATI4 vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, PanAtlantica'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.


PanAtlantica Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, PanAtlantica's Shiller PE Ratio distribution charts can be found below:

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


BSP:PATI4
54GF Score
PanAtlantica SA BSP:PATI4
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PanAtlantica 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, PanAtlantica'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)
=0.669/175.0655*175.0655
=0.669

Current CPI (Mar. 2026) = 175.0655.

PanAtlantica Quarterly Data

per share eps CPI Adj_EPS
201606 0.180 108.851 0.289
201609 0.234 109.986 0.372
201612 0.087 110.802 0.137
201703 0.165 111.869 0.258
201706 0.191 112.115 0.298
201709 0.179 112.777 0.278
201712 0.214 114.068 0.328
201803 0.366 114.868 0.558
201806 2.101 117.038 3.143
201809 0.407 117.881 0.604
201812 0.242 118.340 0.358
201903 0.276 120.124 0.402
201906 0.219 120.977 0.317
201909 0.252 121.292 0.364
201912 0.012 123.436 0.017
202003 3.792 124.092 5.350
202006 0.348 123.557 0.493
202009 1.441 125.095 2.017
202012 2.385 129.012 3.236
202103 3.435 131.660 4.567
202106 4.895 133.871 6.401
202109 4.289 137.913 5.444
202112 0.800 141.992 0.986
202203 -0.560 146.537 -0.669
202206 2.080 149.784 2.431
202209 0.807 147.800 0.956
202212 0.000 150.207 0.000
202303 0.199 153.352 0.227
202306 0.020 154.519 0.023
202309 0.003 155.464 0.003
202312 0.338 157.148 0.377
202403 0.622 159.372 0.683
202406 0.588 161.052 0.639
202409 1.729 162.342 1.865
202412 0.601 164.740 0.639
202503 0.715 168.102 0.745
202506 0.328 169.670 0.338
202509 0.212 170.739 0.217
202512 0.825 171.765 0.841
202603 0.669 175.066 0.669

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$5.01 mean?
PanAtlantica (BSP:PATI4) has a E10 of R$5.01 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PanAtlantica and its competitors.
Is PanAtlantica's E10 too high?
PanAtlantica's current E10 is R$5.01. Overall, PanAtlantica has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PanAtlantica's E10 compare to NUE and STLD?
PanAtlantica's E10 of R$5.01 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 PanAtlantica and its competitors. PanAtlantica's current E10 is R$5.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PanAtlantica stock overvalued right now?
Based on GuruFocus' analysis, PanAtlantica (BSP:PATI4) is currently considered Modestly Overvalued. The stock's GF Value™ is R$25.14, compared to a current price of R$32.00 — trading 27.3% above its estimated fair value. The current E10 is R$5.01. PanAtlantica's overall GF Score™ is 54/100 with 6 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 PanAtlantica (BSP:PATI4), the current E10 is R$5.01 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 PanAtlantica (BSP:PATI4) Overvalued in 2026?

Based on GuruFocus' analysis, PanAtlantica stock appears to be overvalued. The current stock price of R$32.00 is trading 27.3% above its estimated GF Value™ of R$25.14. GuruFocus considers PanAtlantica to be Modestly Overvalued.

Key valuation signals for BSP:PATI4:

  • E10: R$5.01
  • GF Value™: R$25.14 vs. price of R$32.00 (27.3% above fair value)
  • GF Score™: 54/100 with 6 warning signs

No single metric tells the full story. See the BSP:PATI4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PanAtlantica Business Description

Other Exchanges PATI3:Brazil
Address R Rudolfo Vontobel 600, P.O. Box 152 - Distrito Industrial, Gravatai, RS, BRA, 94045-405
PanAtlantica SA produces, trades, imports and exports, and processes steel and other metals. The company's products include cold-rolled strips, strapping bands, sheets and coils, blanks, slit strips and profiles. Additionally, the Company provides steel cutting services through two different processes: slitting, which cuts the steel with rotating shears to form coils, and cut-to-length, which cuts it in flat sheets.
54GF Score

Get the complete analysis for BSP:PATI4

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

R$32.00
Price
R$25.14
GF Value