CEBUF (Cebu Air) E10: $-0.18 (As of Mar. 2026)

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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.

CEBUF Cebu Air Inc CEBUF
73 GF Score
Price $0.47
GF Value $3.02
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Cebu Air E10?

Cebu Air CEBUF 73 E10 is $-0.18 as of Mar. 2026. GuruFocus rates CEBUF with a GF Score™ of 73/100 and a GF Value™ of $3.02 (Possible Value Trap). The stock has 7 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.

Cebu Air's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.016. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-0.18 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 18.80% 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 Cebu Air was 18.80% per year. The lowest was -71.40% per year. And the median was -26.30% per year.

As of today (2026-08-09), Cebu Air's current stock price is $0.4693. Cebu Air's E10 for the quarter that ended in Mar. 2026 was $-0.18. Cebu Air's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Cebu Air was 193.60. The lowest was 4.12. And the median was 10.43.


Cebu Air  (OTCPK:CEBUF) 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 Cebu Air was 193.60. The lowest was 4.12. And the median was 10.43.


Be Aware

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


Cebu Air E10 Related Terms


Cebu Air E10 Historical Data

* Premium members only.

The historical data trend for Cebu Air'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.

Cebu Air E10 Chart

Cebu Air 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 -0.01 -0.14 -0.11 0.00 -0.10

Cebu Air 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 0.00 0.00 -0.10 -0.10 -0.18

CEBUF vs DAL, UAL, LUV: E10 Comparison

For the Airlines subindustry, Cebu Air'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.


Cebu Air Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Cebu Air's Shiller PE Ratio distribution charts can be found below:

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


CEBUF
73GF Score
Cebu Air Inc CEBUF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cebu Air 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, Cebu Air'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)
=-0.016/330.2130*330.2130
=-0.016

Current CPI (Mar. 2026) = 330.2130.

Cebu Air Quarterly Data

per share eps CPI Adj_EPS
201606 0.100 241.018 0.137
201609 0.001 241.428 0.001
201612 0.072 241.432 0.098
201703 0.035 243.801 0.047
201706 0.083 244.955 0.112
201709 0.001 246.819 0.001
201712 0.096 246.524 0.129
201803 0.039 249.554 0.052
201806 0.051 251.989 0.067
201809 -0.014 252.439 -0.018
201812 0.031 251.233 0.041
201903 0.093 254.202 0.121
201906 0.104 256.143 0.134
201909 -0.010 256.759 -0.013
201912 0.065 256.974 0.084
202003 -0.033 258.115 -0.042
202006 -0.218 257.797 -0.279
202009 -0.152 260.280 -0.193
202012 -0.207 260.474 -0.262
202103 -0.200 264.877 -0.249
202106 -0.176 271.696 -0.214
202109 -0.221 274.310 -0.266
202112 -0.082 278.802 -0.097
202203 -0.209 287.504 -0.240
202206 -0.051 296.311 -0.057
202209 -0.068 296.808 -0.076
202212 -0.057 296.797 -0.063
202303 0.016 301.836 0.018
202306 0.071 305.109 0.077
202309 0.034 307.789 0.036
202312 0.040 306.746 0.043
202403 0.031 312.332 0.033
202406 0.034 314.175 0.036
202409 -0.005 315.301 -0.005
202412 0.029 315.605 0.030
202503 0.008 319.799 0.008
202506 0.228 322.561 0.233
202509 0.013 324.800 0.013
202512 0.040 324.054 0.041
202603 -0.016 330.213 -0.016

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 $-0.18 mean?
Cebu Air (CEBUF) has a E10 of $-0.18 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Cebu Air and its competitors.
Is Cebu Air's E10 too high?
Cebu Air's current E10 is $-0.18. Overall, Cebu Air has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cebu Air's E10 compare to DAL and UAL?
Cebu Air's E10 of $-0.18 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Cebu Air and its competitors. Cebu Air's current E10 is $-0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cebu Air stock overvalued right now?
Based on GuruFocus' analysis, Cebu Air (CEBUF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.02, compared to a current price of $0.47 — trading 84.5% below its estimated fair value. The current E10 is $-0.18. Cebu Air's overall GF Score™ is 73/100 with 7 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 Cebu Air (CEBUF), the current E10 is $-0.18 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 Cebu Air (CEBUF) Overvalued in 2026?

Based on GuruFocus' analysis, Cebu Air stock appears to be undervalued. The current stock price of $0.47 is trading 84.5% below its estimated GF Value™ of $3.02. GuruFocus considers Cebu Air to be Possible Value Trap.

Key valuation signals for CEBUF:

  • E10: $-0.18
  • GF Value™: $3.02 vs. price of $0.47 (84.5% below fair value)
  • GF Score™: 73/100 with 7 warning signs

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


Cebu Air Business Description

Address Sergio Osmena Boulevard, Basement 2, R 01-02, Robinsons Galleria Cebu, Barangay Tejero, General Maxilom Avenue corner, Cebu, CEB, PHL, 6000
Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, has three reportable operating segments, which is the airline business (Parent Company, CEBGO and AirSWIFT), line, light and base maintenance business (A-Plus) and ground handling business (1Aviation). The revenue of the company was mainly derived from rendering transportation services, line, light and base maintenance services and ground handling services.
73GF Score

Get the complete analysis for CEBUF

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

$0.47
Price
$3.02
GF Value