CTTPY (CTT-Correios de Portugal) E10: $0.32 (As of Dec. 2025)


CTTPY CTT-Correios de Portugal SA CTTPY
73 GF Score
Price $15.90
GF Value $16.07
! 3 Warning Signs
View Full Analysis

What is CTT-Correios de Portugal E10?

CTT-Correios de Portugal CTTPY +98.38% 73 E10 is $0.32 as of Dec. 2025. GuruFocus rates CTTPY with a GF Score™ of 73/100 and a GF Value™ of $16.07. 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.

CTT-Correios de Portugal's adjusted earnings per share data for the three months ended in Dec. 2025 was $0.304. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.32 for the trailing ten years ended in Dec. 2025.

During the past 12 months, CTT-Correios de Portugal's average E10 Growth Rate was -6.30% per year. During the past 3 years, the average E10 Growth Rate was -4.10% 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 CTT-Correios de Portugal was 1.10% per year. The lowest was -4.10% per year. And the median was -1.50% per year.

As of today (2026-06-24), CTT-Correios de Portugal's current stock price is $15.90. CTT-Correios de Portugal's E10 for the quarter that ended in Dec. 2025 was $0.32. CTT-Correios de Portugal's Shiller PE Ratio of today is 49.69.

During the past 13 years, the highest Shiller PE Ratio of CTT-Correios de Portugal was 25.61. The lowest was 8.45. And the median was 13.48.


CTT-Correios de Portugal  (OTCPK:CTTPY) 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.

CTT-Correios de Portugal's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.90/0.32
=49.69

* 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 CTT-Correios de Portugal was 25.61. The lowest was 8.45. And the median was 13.48.


Be Aware

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


CTT-Correios de Portugal E10 Related Terms


CTT-Correios de Portugal E10 Historical Data

* Premium members only.

The historical data trend for CTT-Correios de Portugal'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.

CTT-Correios de Portugal E10 Chart

CTT-Correios de Portugal 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 0.67 0.62 0.72 0.47 0.32

CTT-Correios de Portugal Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.47 0.33 0.33 0.34 0.32

CTTPY vs FDX, UPS, JBHT: E10 Comparison

For the Integrated Freight & Logistics subindustry, CTT-Correios de Portugal'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.


CTT-Correios de Portugal Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, CTT-Correios de Portugal's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where CTT-Correios de Portugal's Shiller PE Ratio falls into.


CTTPY
73GF Score
CTT-Correios de Portugal SA CTTPY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CTT-Correios de Portugal 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, CTT-Correios de Portugal's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.304/124.2424*124.2424
=0.304

Current CPI (Dec. 2025) = 124.2424.

CTT-Correios de Portugal Quarterly Data

per share eps CPI Adj_EPS
201603 0.322 100.547 0.398
201606 0.162 101.319 0.199
201609 0.232 101.122 0.285
201612 0.239 100.998 0.294
201703 0.155 101.924 0.189
201706 0.116 102.240 0.141
201709 0.025 102.527 0.030
201712 0.122 102.479 0.148
201803 0.102 102.626 0.123
201806 0.024 103.790 0.029
201809 0.072 103.960 0.086
201812 0.141 103.159 0.170
201903 0.047 103.495 0.056
201906 0.093 104.192 0.111
201909 0.205 103.844 0.245
201912 0.092 103.592 0.110
202003 0.046 103.544 0.055
202006 -0.093 104.323 -0.111
202009 0.097 103.699 0.116
202012 0.201 103.354 0.242
202103 0.147 104.014 0.176
202106 0.149 104.852 0.177
202109 0.141 105.232 0.166
202112 0.181 106.191 0.212
202203 0.091 109.559 0.103
202206 0.127 114.003 0.138
202209 0.178 114.999 0.192
202212 0.127 116.377 0.136
202303 0.236 117.701 0.249
202306 0.152 117.872 0.160
202309 0.149 119.111 0.155
202312 0.393 118.032 0.414
202403 0.109 120.396 0.112
202406 0.194 121.165 0.199
202409 0.133 121.574 0.136
202412 0.272 121.585 0.278
202503 0.086 122.624 0.087
202506 0.277 124.042 0.277
202509 0.188 124.488 0.188
202512 0.304 124.242 0.304

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 $0.32 mean?
CTT-Correios de Portugal (CTTPY) has a E10 of $0.32 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CTT-Correios de Portugal and its competitors.
Is CTT-Correios de Portugal's E10 too high?
CTT-Correios de Portugal's current E10 is $0.32. Overall, CTT-Correios de Portugal has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does CTT-Correios de Portugal's E10 compare to FDX and UPS?
CTT-Correios de Portugal's E10 of $0.32 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 CTT-Correios de Portugal and its competitors. CTT-Correios de Portugal's current E10 is $0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CTT-Correios de Portugal stock overvalued right now?
CTT-Correios de Portugal (CTTPY) has a current E10 of $0.32. The stock's GF Value™ is $16.07, compared to a current price of $15.90 — trading 1.1% below its estimated fair value. The current E10 is $0.32. CTT-Correios de Portugal's overall GF Score™ is 73/100 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 CTT-Correios de Portugal (CTTPY), the current E10 is $0.32 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 CTT-Correios de Portugal (CTTPY) Overvalued in 2026?

Based on GuruFocus' analysis, CTT-Correios de Portugal stock appears to be undervalued. The current stock price of $15.90 is trading 1.1% below its estimated GF Value™ of $16.07.

Key valuation signals for CTTPY:

  • E10: $0.32
  • GF Value™: $16.07 vs. price of $15.90 (1.1% below fair value)
  • GF Score™: 73/100 with 3 warning signs

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


CTT-Correios de Portugal Business Description

Address Avenida dos Combatentes 43, No.1643-001, 4th Floor, Lisbon, PRT, 1999-001
CTT-Correios de Portugal SA operates in the postal and logistics sector, with operations organised into the segments Mail & Services, Express & Parcels, E-commerce Solutions, and Financial Services. The Mail & Services area comprises Mail, Business Solutions, and Financial and Retail Services. Mail is the main business, Business Solutions uses digitalisation to strengthen customer relationships, and Financial and Retail Services are supported by the retail network. Products and services include mail delivery, express and shipping solutions such as Basic Mail, Track Mail, and Express for Tomorrow, digital platforms, document management, business process services, payments, financial intermediation, insurance, and retail services. It operates in Portugal, Spain and the rest of the world.
73GF Score

Get the complete analysis for CTTPY

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

$15.90
Price
$16.07
GF Value