BTCS (BTCS) E10: $-512.31 (As of Mar. 2026)


BTCS BTCS Inc BTCS
39 GF Score
Price $1.01
GF Value $4.67
Valuation Possible Value Trap
! 5 Warning Signs
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What is BTCS E10?

BTCS BTCS -5.53% 39 E10 is $-512.31 as of Mar. 2026. GuruFocus rates BTCS with a GF Score™ of 39/100 and a GF Value™ of $4.67 (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.

BTCS's adjusted earnings per share data for the three months ended in Mar. 2026 was $-1.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-512.31 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -91.30% per year. During the past 5 years, the average E10 Growth Rate was 18.40% 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 BTCS was 77.50% per year. The lowest was -91.30% per year. And the median was 39.30% per year.

As of today (2026-06-24), BTCS's current stock price is $1.01. BTCS's E10 for the quarter that ended in Mar. 2026 was $-512.31. BTCS's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of BTCS was 0.14. The lowest was 0.01. And the median was 0.09.


BTCS  (NAS:BTCS) 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 BTCS was 0.14. The lowest was 0.01. And the median was 0.09.


Be Aware

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


BTCS E10 Related Terms


BTCS E10 Historical Data

* Premium members only.

The historical data trend for BTCS'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.

BTCS E10 Chart

BTCS 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 -555.58 -75.94 -900.97 -662.41 -532.01

BTCS 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 -622.54 -603.58 -558.49 -532.01 -512.31

BTCS vs NCTY, AUC, SIEB: E10 Comparison

For the Capital Markets subindustry, BTCS'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.


BTCS Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BTCS's Shiller PE Ratio distribution charts can be found below:

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


BTCS
39GF Score
BTCS Inc BTCS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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BTCS 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, BTCS'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)
=-1.43/330.2130*330.2130
=-1.430

Current CPI (Mar. 2026) = 330.2130.

BTCS Quarterly Data

per share eps CPI Adj_EPS
201606 -2,859.029 241.018 -3,917.087
201609 3.000 241.428 4.103
201612 -322.808 241.432 -441.513
201703 -534.005 243.801 -723.276
201706 3.000 244.955 4.044
201709 -27.000 246.819 -36.123
201712 0.082 246.524 0.110
201803 -0.100 249.554 -0.132
201806 -0.200 251.989 -0.262
201809 -0.200 252.439 -0.262
201812 -0.200 251.233 -0.263
201903 -0.300 254.202 -0.390
201906 -0.200 256.143 -0.258
201909 -0.200 256.759 -0.257
201912 -0.400 256.974 -0.514
202003 -0.200 258.115 -0.256
202006 -0.200 257.797 -0.256
202009 -0.330 260.280 -0.419
202012 -0.200 260.474 -0.254
202103 -2.430 264.877 -3.029
202106 -0.890 271.696 -1.082
202109 -0.590 274.310 -0.710
202112 -0.055 278.802 -0.065
202203 -0.470 287.504 -0.540
202206 -0.610 296.311 -0.680
202209 -0.080 296.808 -0.089
202212 -0.100 296.797 -0.111
202303 0.290 301.836 0.317
202306 -0.080 305.109 -0.087
202309 -0.230 307.789 -0.247
202312 0.420 306.746 0.452
202403 0.630 312.332 0.666
202406 -0.430 314.175 -0.452
202409 -0.560 315.301 -0.586
202412 0.140 315.605 0.146
202503 -0.860 319.799 -0.888
202506 0.140 322.561 0.143
202509 1.300 324.800 1.322
202512 -2.830 324.054 -2.884
202603 -1.430 330.213 -1.430

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 $-512.31 mean?
BTCS (BTCS) has a E10 of $-512.31 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on BTCS and its competitors.
Is BTCS's E10 too high?
BTCS's current E10 is $-512.31. Overall, BTCS has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BTCS's E10 compare to NCTY and AUC?
BTCS's E10 of $-512.31 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 BTCS and its competitors. BTCS's current E10 is $-512.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTCS stock overvalued right now?
Based on GuruFocus' analysis, BTCS (BTCS) is currently considered Possible Value Trap. The stock's GF Value™ is $4.67, compared to a current price of $1.01 — trading 78.4% below its estimated fair value. The current E10 is $-512.31. BTCS's overall GF Score™ is 39/100 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 BTCS (BTCS), the current E10 is $-512.31 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 BTCS (BTCS) Overvalued in 2026?

Based on GuruFocus' analysis, BTCS stock appears to be undervalued. The current stock price of $1.01 is trading 78.4% below its estimated GF Value™ of $4.67. GuruFocus considers BTCS to be Possible Value Trap.

Key valuation signals for BTCS:

  • E10: $-512.31
  • GF Value™: $4.67 vs. price of $1.01 (78.4% below fair value)
  • GF Score™: 39/100 with 5 warning signs

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


BTCS Business Description

Other Exchanges BIC:Germany
Address 303 W. Lancaster Avenue, No.336, Wayne, PA, USA, 19087
BTCS Inc is is a U.S.-based, Nasdaq-listed blockchain technology company focused on revenue generation through blockchain infrastructure and decentralized finance (DeFi) activities, mainly on the Ethereum network. BTCS operates as an active participant in the Ethereum ecosystem, generating digital asset-denominated on-chain revenues through its operations.
39GF Score

Get the complete analysis for BTCS

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

$1.01
Price
$4.67
GF Value