Risma (CAS:RIS) E10: MAD3.69 (As of Dec. 2025)


CAS:RIS Risma SA CAS:RIS
77 GF Score
Price MAD334.90
GF Value MAD355.09
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Risma E10?

Risma CAS:RIS +0.72% 77 E10 is MAD3.69 as of Dec. 2025. GuruFocus rates CAS:RIS with a GF Score™ of 77/100 and a GF Value™ of MAD355.09 (Fairly Valued). 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.

Risma's adjusted earnings per share data for the fiscal year that ended in Dec. 2025 was MAD18.819. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MAD3.69 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Risma's average E10 Growth Rate was 558.90% 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 Risma was 53.90% per year. The lowest was 7.00% per year. And the median was 14.90% per year.

As of today (2026-06-26), Risma's current stock price is MAD 334.90. Risma's E10 for the fiscal year that ended in Dec. 2025 was MAD3.69. Risma's Shiller PE Ratio of today is 90.76.

During the past 13 years, the highest Shiller PE Ratio of Risma was 775.00. The lowest was 80.22. And the median was 536.25.


Risma  (CAS:RIS) 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.

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

Shiller PE Ratio=Share Price/E10
=334.90/3.69
=90.76

* 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 Risma was 775.00. The lowest was 80.22. And the median was 536.25.


Be Aware

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


Risma E10 Related Terms


Risma E10 Historical Data

* Premium members only.

The historical data trend for Risma'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.

Risma E10 Chart

Risma 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 -4.55 -2.98 -0.59 0.56 3.69

Risma Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -0.59 0.00 0.56 0.00 3.69

CAS:RIS vs MAR, HLT, H: E10 Comparison

For the Lodging subindustry, Risma'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.


Risma Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Risma's Shiller PE Ratio distribution charts can be found below:

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


CAS:RIS
77GF Score
Risma SA CAS:RIS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Risma 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, Risma's adjusted earnings per share data for the fiscal year that ended in Dec. 2025 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=18.819/324.0540*324.0540
=18.819

Current CPI (Dec. 2025) = 324.0540.

Risma Annual Data

per_share_eps CPI Adj_EPS
201612 1.000 241.432 1.342
201712 -6.031 246.524 -7.928
201812 7.000 251.233 9.029
201912 10.000 256.974 12.610
202012 -21.000 260.474 -26.126
202112 -12.000 278.802 -13.948
202212 11.000 296.797 12.010
202312 17.000 306.746 17.959
202412 12.775 315.605 13.117
202512 18.819 324.054 18.819

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 MAD3.69 mean?
Risma (CAS:RIS) has a E10 of MAD3.69 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Risma and its competitors.
Is Risma's E10 too high?
Risma's current E10 is MAD3.69. Overall, Risma has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Risma's E10 compare to MAR and HLT?
Risma's E10 of MAD3.69 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 Risma and its competitors. Risma's current E10 is MAD3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Risma stock overvalued right now?
Based on GuruFocus' analysis, Risma (CAS:RIS) is currently considered Fairly Valued. The stock's GF Value™ is MAD355.09, compared to a current price of MAD334.90 — trading 5.7% below its estimated fair value. The current E10 is MAD3.69. Risma's overall GF Score™ is 77/100 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 Risma (CAS:RIS), the current E10 is MAD3.69 as of Dec. 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 Risma (CAS:RIS) Overvalued in 2026?

Based on GuruFocus' analysis, Risma stock appears to be undervalued. The current stock price of MAD334.90 is trading 5.7% below its estimated GF Value™ of MAD355.09. GuruFocus considers Risma to be Fairly Valued.

Key valuation signals for CAS:RIS:

  • E10: MAD3.69
  • GF Value™: MAD355.09 vs. price of MAD334.90 (5.7% below fair value)
  • GF Score™: 77/100 with 5 warning signs

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


Risma Business Description

Address 97, Boulevard Massira El Khadra, 5th floor, Casablanca, MAR
Risma SA is a tourist operator in Morocco. The company engages in acquisition. construction and running of hotels and tourist facilities in Morocco.
77GF Score

Get the complete analysis for CAS:RIS

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

MAD334.90
Price
MAD355.09
GF Value