RNI Negocios Imobiliarios (BSP:RDNI3) E10: R$-1.57 (As of Sep. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:RDNI3 RNI Negocios Imobiliarios SA BSP:RDNI3
35 GF Score
Price R$2.14
GF Value R$2.92
! 8 Warning Signs
View Full Analysis

What is RNI Negocios Imobiliarios E10?

RNI Negocios Imobiliarios BSP:RDNI3 35 E10 is R$-1.57 as of Sep. 2025. GuruFocus rates BSP:RDNI3 with a GF Score™ of 35/100 and a GF Value™ of R$2.92. The stock has 8 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.

RNI Negocios Imobiliarios's adjusted earnings per share data for the three months ended in Sep. 2025 was R$-0.678. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$-1.57 for the trailing ten years ended in Sep. 2025.

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 RNI Negocios Imobiliarios was -24.40% per year. The lowest was -43.30% per year. And the median was -37.70% per year.

As of today (2026-07-20), RNI Negocios Imobiliarios's current stock price is R$2.14. RNI Negocios Imobiliarios's E10 for the quarter that ended in Sep. 2025 was R$-1.57. RNI Negocios Imobiliarios's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of RNI Negocios Imobiliarios was 242.00. The lowest was 4.92. And the median was 27.17.


RNI Negocios Imobiliarios  (BSP:RDNI3) 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 RNI Negocios Imobiliarios was 242.00. The lowest was 4.92. And the median was 27.17.


Be Aware

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


RNI Negocios Imobiliarios E10 Related Terms


RNI Negocios Imobiliarios E10 Historical Data

* Premium members only.

The historical data trend for RNI Negocios Imobiliarios'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.

RNI Negocios Imobiliarios E10 Chart

RNI Negocios Imobiliarios Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.15 0.10 -0.74 -1.27

RNI Negocios Imobiliarios Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -1.05 -1.27 -1.41 -1.49 -1.57

RNI Negocios Imobiliarios E10 Competitor Comparison

For the Real Estate - Development subindustry, RNI Negocios Imobiliarios'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.


RNI Negocios Imobiliarios Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, RNI Negocios Imobiliarios's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where RNI Negocios Imobiliarios's Shiller PE Ratio falls into.


BSP:RDNI3
35GF Score
RNI Negocios Imobiliarios SA BSP:RDNI3
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RNI Negocios Imobiliarios 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, RNI Negocios Imobiliarios's adjusted earnings per share data for the three months ended in Sep. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=-0.678/170.7391*170.7391
=-0.678

Current CPI (Sep. 2025) = 170.7391.

RNI Negocios Imobiliarios Quarterly Data

per share eps CPI Adj_EPS
201512 0.075 104.247 0.123
201603 0.295 106.979 0.471
201606 -0.397 108.851 -0.623
201609 -0.363 109.986 -0.564
201612 -1.320 110.802 -2.034
201703 -0.620 111.869 -0.946
201706 -0.833 112.115 -1.269
201709 -0.307 112.777 -0.465
201712 -0.451 114.068 -0.675
201803 -0.279 114.868 -0.415
201806 -0.216 117.038 -0.315
201809 0.060 117.881 0.087
201812 -0.184 118.340 -0.265
201903 -0.233 120.124 -0.331
201906 0.056 120.977 0.079
201909 0.091 121.292 0.128
201912 0.125 123.436 0.173
202003 -0.175 124.092 -0.241
202006 -0.142 123.557 -0.196
202009 0.046 125.095 0.063
202012 0.306 129.012 0.405
202103 0.061 131.660 0.079
202106 0.033 133.871 0.042
202109 0.057 137.913 0.071
202112 0.050 141.992 0.060
202203 0.046 146.537 0.054
202206 0.143 149.784 0.163
202209 0.169 147.800 0.195
202212 0.148 150.207 0.168
202303 0.018 153.352 0.020
202306 -0.418 154.519 -0.462
202309 -0.966 155.464 -1.061
202312 -3.226 157.148 -3.505
202403 -1.217 159.372 -1.304
202406 0.595 161.052 0.631
202409 -0.260 162.342 -0.273
202412 -1.289 164.740 -1.336
202503 -1.135 168.102 -1.153
202506 -0.615 169.670 -0.619
202509 -0.678 170.739 -0.678

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$-1.57 mean?
RNI Negocios Imobiliarios (BSP:RDNI3) has a E10 of R$-1.57 as of Sep. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on RNI Negocios Imobiliarios and its competitors.
Is RNI Negocios Imobiliarios' E10 too high?
RNI Negocios Imobiliarios' current E10 is R$-1.57. Overall, RNI Negocios Imobiliarios has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does RNI Negocios Imobiliarios' E10 compare to competitors?
RNI Negocios Imobiliarios' E10 of R$-1.57 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 RNI Negocios Imobiliarios and its competitors. RNI Negocios Imobiliarios's current E10 is R$-1.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RNI Negocios Imobiliarios stock overvalued right now?
RNI Negocios Imobiliarios (BSP:RDNI3) has a current E10 of R$-1.57. The stock's GF Value™ is R$2.92, compared to a current price of R$2.14 — trading 26.7% below its estimated fair value. The current E10 is R$-1.57. RNI Negocios Imobiliarios' overall GF Score™ is 35/100 with 8 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 RNI Negocios Imobiliarios (BSP:RDNI3), the current E10 is R$-1.57 as of Sep. 2025. 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 RNI Negocios Imobiliarios (BSP:RDNI3) Overvalued in 2026?

Based on GuruFocus' analysis, RNI Negocios Imobiliarios stock appears to be undervalued. The current stock price of R$2.14 is trading 26.7% below its estimated GF Value™ of R$2.92.

Key valuation signals for BSP:RDNI3:

  • E10: R$-1.57
  • GF Value™: R$2.92 vs. price of R$2.14 (26.7% below fair value)
  • GF Score™: 35/100 with 8 warning signs

No single metric tells the full story. See the BSP:RDNI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RNI Negocios Imobiliarios Business Description

Address Avenida Francisco das Chagas de Oliveira, nº 2.500, Higienopolis, Sao Jose Do Rio Preto, SP, BRA, 15085-485
RNI Negocios Imobiliarios SA is in the purchase and sale of real estate. It also engages in parceling or plotting of land; development of real estate and construction of properties for sale; and provision of third-party services. The company operates in several real estate segments, always prioritizing the ideals of social responsibility and sustainability, and aims to offer high-quality projects that provide comfort and well-being with security. The Company has a portfolio that serves 3 different product lines Moradas, Terra Nova and Stillo.
35GF Score

Get the complete analysis for BSP:RDNI3

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

R$2.14
Price
R$2.92
GF Value