Rai Way SpA (CHIX:RWAYM) E10: €0.29 (As of Mar. 2026)


CHIX:RWAYM Rai Way SpA CHIX:RWAYM
84 GF Score
Price €5.46
GF Value €5.75
Valuation Fairly Valued
! 2 Warning Signs
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What is Rai Way SpA E10?

Rai Way SpA CHIX:RWAYM 84 E10 is €0.29 as of Mar. 2026. GuruFocus rates CHIX:RWAYM with a GF Score™ of 84/100 and a GF Value™ of €5.75 (Fairly Valued). The stock has 2 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.

Rai Way SpA's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.29 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Rai Way SpA's average E10 Growth Rate was 7.40% 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.

As of today (2026-07-08), Rai Way SpA's current stock price is €5.455. Rai Way SpA's E10 for the quarter that ended in Mar. 2026 was €0.29. Rai Way SpA's Shiller PE Ratio of today is 18.81.

During the past 13 years, the highest Shiller PE Ratio of Rai Way SpA was 23.00. The lowest was 11.59. And the median was 19.66.


Rai Way SpA  (CHIX:RWAYm) 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.

Rai Way SpA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.455/0.29
=18.81

* 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 Rai Way SpA was 23.00. The lowest was 11.59. And the median was 19.66.


Be Aware

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


Rai Way SpA E10 Related Terms


Rai Way SpA E10 Historical Data

* Premium members only.

The historical data trend for Rai Way SpA'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.

Rai Way SpA E10 Chart

Rai Way SpA 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 0.00 0.00 0.39 0.24 0.30

Rai Way SpA 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 0.27 0.27 0.28 0.30 0.29

CHIX:RWAYM vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Rai Way SpA'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.


Rai Way SpA Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Rai Way SpA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Rai Way SpA's Shiller PE Ratio falls into.


CHIX:RWAYM
84GF Score
Rai Way SpA CHIX:RWAYM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rai Way SpA 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, Rai Way SpA'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)
=0.08/124.5600*124.5600
=0.080

Current CPI (Mar. 2026) = 124.5600.

Rai Way SpA Quarterly Data

per share eps CPI Adj_EPS
201606 0.030 99.900 0.037
201609 0.050 100.100 0.062
201612 0.030 100.300 0.037
201703 0.050 101.000 0.062
201706 0.050 101.100 0.062
201709 0.060 101.200 0.074
201712 0.050 101.200 0.062
201803 0.050 101.800 0.061
201806 0.060 102.400 0.073
201809 0.060 102.600 0.073
201812 0.050 102.300 0.061
201903 0.060 102.800 0.073
201906 0.060 103.100 0.072
201909 0.060 102.900 0.073
201912 0.050 102.800 0.061
202003 0.060 102.900 0.073
202006 0.060 102.900 0.073
202009 0.070 102.300 0.085
202012 0.050 102.600 0.061
202103 0.060 103.700 0.072
202106 0.060 104.200 0.072
202109 0.080 104.900 0.095
202112 0.040 106.600 0.047
202203 0.070 110.400 0.079
202206 0.070 112.500 0.078
202209 0.120 114.200 0.131
202212 0.010 119.000 0.010
202303 0.090 118.800 0.094
202306 0.080 119.700 0.083
202309 0.090 120.300 0.093
202312 0.063 119.700 0.066
202403 0.090 120.200 0.093
202406 0.090 120.700 0.093
202409 0.080 121.200 0.082
202412 0.072 121.200 0.074
202503 0.080 122.500 0.081
202506 0.100 122.700 0.102
202509 0.080 123.100 0.081
202512 0.067 122.600 0.068
202603 0.080 124.560 0.080

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 €0.29 mean?
Rai Way SpA (CHIX:RWAYM) has a E10 of €0.29 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Rai Way SpA and its competitors.
Is Rai Way SpA's E10 too high?
Rai Way SpA's current E10 is €0.29. Overall, Rai Way SpA has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Rai Way SpA's E10 compare to PWR and FIX?
Rai Way SpA's E10 of €0.29 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Rai Way SpA and its competitors. Rai Way SpA's current E10 is €0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rai Way SpA stock overvalued right now?
Based on GuruFocus' analysis, Rai Way SpA (CHIX:RWAYM) is currently considered Fairly Valued. The stock's GF Value™ is €5.75, compared to a current price of €5.46 — trading 5.1% below its estimated fair value. The current E10 is €0.29. Rai Way SpA's overall GF Score™ is 84/100 with 2 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 Rai Way SpA (CHIX:RWAYM), the current E10 is €0.29 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 Rai Way SpA (CHIX:RWAYM) Overvalued in 2026?

Based on GuruFocus' analysis, Rai Way SpA stock appears to be undervalued. The current stock price of €5.46 is trading 5.1% below its estimated GF Value™ of €5.75. GuruFocus considers Rai Way SpA to be Fairly Valued.

Key valuation signals for CHIX:RWAYM:

  • E10: €0.29
  • GF Value™: €5.75 vs. price of €5.46 (5.1% below fair value)
  • GF Score™: 84/100 with 2 warning signs

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


Rai Way SpA Business Description

Address Via Teulada 66, Rome, ITA, 00195
Rai Way SpA is an Italy-based company which operates activity of signal transmission and a broadcasting network of RAI group. The services provided by the company include broadcasting services, transmission services, tower Rental Services and network Services. The company serves its customer by providing implementation and management of the main broadcasting processes which include analog and digital, terrestrial and satellite, for audio, video and data signals, television signals through connecting network. The company allows its clients to have the availability of tower and civil infrastructures to install radio transmitters, planning, construction, installation, management of electronic and telecommunications networks. It provides services throughout Italy.
84GF Score

Get the complete analysis for CHIX:RWAYM

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

€5.46
Price
€5.75
GF Value