Ser Educacional (BSP:SEER3) E10: R$1.61 (As of Mar. 2026)


BSP:SEER3 Ser Educacional SA BSP:SEER3
79 GF Score
Price R$11.14
GF Value R$8.14
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ser Educacional E10?

Ser Educacional BSP:SEER3 +0.81% 79 E10 is R$1.61 as of Mar. 2026. GuruFocus rates BSP:SEER3 with a GF Score™ of 79/100 and a GF Value™ of R$8.14 (Significantly Overvalued). The stock has 3 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.

Ser Educacional's adjusted earnings per share data for the three months ended in Mar. 2026 was R$5.946. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.61 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ser Educacional's average E10 Growth Rate was 56.30% per year. During the past 3 years, the average E10 Growth Rate was -9.30% 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 Ser Educacional was -9.30% per year. The lowest was -13.20% per year. And the median was -11.25% per year.

As of today (2026-06-29), Ser Educacional's current stock price is R$11.14. Ser Educacional's E10 for the quarter that ended in Mar. 2026 was R$1.61. Ser Educacional's Shiller PE Ratio of today is 6.92.

During the past 13 years, the highest Shiller PE Ratio of Ser Educacional was 11.81. The lowest was 2.04. And the median was 5.18.


Ser Educacional  (BSP:SEER3) 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.

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

Shiller PE Ratio=Share Price/E10
=11.14/1.61
=6.92

* 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 Ser Educacional was 11.81. The lowest was 2.04. And the median was 5.18.


Be Aware

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


Ser Educacional E10 Related Terms


Ser Educacional E10 Historical Data

* Premium members only.

The historical data trend for Ser Educacional'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.

Ser Educacional E10 Chart

Ser Educacional 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 1.65 1.46 1.32 1.08 1.09

Ser Educacional 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 1.03 1.04 1.03 1.09 1.61

BSP:SEER3 vs EDU, TAL, LAUR: E10 Comparison

For the Education & Training Services subindustry, Ser Educacional'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.


Ser Educacional Shiller PE Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, Ser Educacional's Shiller PE Ratio distribution charts can be found below:

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


BSP:SEER3
79GF Score
Ser Educacional SA BSP:SEER3
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ser Educacional 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, Ser Educacional'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)
=5.946/175.0655*175.0655
=5.946

Current CPI (Mar. 2026) = 175.0655.

Ser Educacional Quarterly Data

per share eps CPI Adj_EPS
201606 0.485 108.851 0.780
201609 0.390 109.986 0.621
201612 0.245 110.802 0.387
201703 0.688 111.869 1.077
201706 0.520 112.115 0.812
201709 0.380 112.777 0.590
201712 0.000 114.068 0.000
201803 0.421 114.868 0.642
201806 0.529 117.038 0.791
201809 0.270 117.881 0.401
201812 0.250 118.340 0.370
201903 0.436 120.124 0.635
201906 0.458 120.977 0.663
201909 0.185 121.292 0.267
201912 -0.020 123.436 -0.028
202003 0.130 124.092 0.183
202006 0.425 123.557 0.602
202009 -0.220 125.095 -0.308
202012 0.940 129.012 1.276
202103 0.230 131.660 0.306
202106 0.200 133.871 0.262
202109 -0.050 137.913 -0.063
202112 0.030 141.992 0.037
202203 -0.140 146.537 -0.167
202206 -0.304 149.784 -0.355
202209 -0.310 147.800 -0.367
202212 -0.980 150.207 -1.142
202303 -0.221 153.352 -0.252
202306 0.245 154.519 0.278
202309 -0.286 155.464 -0.322
202312 0.040 157.148 0.045
202403 -0.137 159.372 -0.150
202406 0.381 161.052 0.414
202409 -0.018 162.342 -0.019
202412 -0.239 164.740 -0.254
202503 0.345 168.102 0.359
202506 0.642 169.670 0.662
202509 0.117 170.739 0.120
202512 0.580 171.765 0.591
202603 5.946 175.066 5.946

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$1.61 mean?
Ser Educacional (BSP:SEER3) has a E10 of R$1.61 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ser Educacional and its competitors.
Is Ser Educacional's E10 too high?
Ser Educacional's current E10 is R$1.61. Overall, Ser Educacional has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ser Educacional's E10 compare to EDU and TAL?
Ser Educacional's E10 of R$1.61 can be compared against companies in the Education 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 Education company?
A good E10 depends on the Education 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 Ser Educacional and its competitors. Ser Educacional's current E10 is R$1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ser Educacional stock overvalued right now?
Based on GuruFocus' analysis, Ser Educacional (BSP:SEER3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$8.14, compared to a current price of R$11.14 — trading 36.9% above its estimated fair value. The current E10 is R$1.61. Ser Educacional's overall GF Score™ is 79/100 with 3 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 Ser Educacional (BSP:SEER3), the current E10 is R$1.61 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 Ser Educacional (BSP:SEER3) Overvalued in 2026?

Based on GuruFocus' analysis, Ser Educacional stock appears to be overvalued. The current stock price of R$11.14 is trading 36.9% above its estimated GF Value™ of R$8.14. GuruFocus considers Ser Educacional to be Significantly Overvalued.

Key valuation signals for BSP:SEER3:

  • E10: R$1.61
  • GF Value™: R$8.14 vs. price of R$11.14 (36.9% above fair value)
  • GF Score™: 79/100 with 3 warning signs

No single metric tells the full story. See the BSP:SEER3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ser Educacional Business Description

Address Av Da Saudade. 254, Recife, PE, BRA, 50100200
Ser Educacional SA is an education and training services company. It is principally involved in the development and management activities for on-campus and distance-learning undergraduate, graduate, professional training, and other areas of education, and in participation, as a partner or shareholder, in other partnerships and companies in Brazil. Geographically, the operations are carried out through Brazil which also accounts for the majority of the revenue which includes monthly tuitions charged to students enrolled semiannually in regular undergraduate, graduate, distance learning, and technical courses.
79GF Score

Get the complete analysis for BSP:SEER3

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

R$11.14
Price
R$8.14
GF Value