Aramex PJSC (DFM:ARMX) E10: د.إ0.24 (As of Mar. 2026)


DFM:ARMX Aramex PJSC DFM:ARMX
75 GF Score
Price د.إ1.78
GF Value د.إ2.75
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Aramex PJSC E10?

Aramex PJSC DFM:ARMX +0.56% 75 E10 is د.إ0.24 as of Mar. 2026. GuruFocus rates DFM:ARMX with a GF Score™ of 75/100 and a GF Value™ of د.إ2.75 (Significantly Undervalued). 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.

Aramex PJSC's adjusted earnings per share data for the three months ended in Mar. 2026 was د.إ0.012. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is د.إ0.24 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Aramex PJSC's average E10 Growth Rate was -11.10% per year. During the past 3 years, the average E10 Growth Rate was -6.10% per year. During the past 5 years, the average E10 Growth Rate was -1.50% 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 Aramex PJSC was 7.40% per year. The lowest was -6.10% per year. And the median was 3.10% per year.

As of today (2026-06-25), Aramex PJSC's current stock price is د.إ1.78. Aramex PJSC's E10 for the quarter that ended in Mar. 2026 was د.إ0.24. Aramex PJSC's Shiller PE Ratio of today is 7.42.

During the past 13 years, the highest Shiller PE Ratio of Aramex PJSC was 26.65. The lowest was 7.00. And the median was 13.32.


Aramex PJSC  (DFM:ARMX) 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.

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

Shiller PE Ratio=Share Price/E10
=1.78/0.24
=7.42

* 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 Aramex PJSC was 26.65. The lowest was 7.00. And the median was 13.32.


Be Aware

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


Aramex PJSC E10 Related Terms


Aramex PJSC E10 Historical Data

* Premium members only.

The historical data trend for Aramex PJSC'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.

Aramex PJSC E10 Chart

Aramex PJSC 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 0.28 0.29 0.28 0.27 0.24

Aramex PJSC 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 0.26 0.26 0.24 0.24

DFM:ARMX vs FDX, UPS, JBHT: E10 Comparison

For the Integrated Freight & Logistics subindustry, Aramex PJSC'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.


Aramex PJSC Shiller PE Ratio vs Transportation Industry

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

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


DFM:ARMX
75GF Score
Aramex PJSC DFM:ARMX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aramex PJSC 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, Aramex PJSC'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)
=0.012/330.2130*330.2130
=0.012

Current CPI (Mar. 2026) = 330.2130.

Aramex PJSC Quarterly Data

per share eps CPI Adj_EPS
201606 0.086 241.018 0.118
201609 0.049 241.428 0.067
201612 0.090 241.432 0.123
201703 0.063 243.801 0.085
201706 0.066 244.955 0.089
201709 0.056 246.819 0.075
201712 0.112 246.524 0.150
201803 0.071 249.554 0.094
201806 0.084 251.989 0.110
201809 0.077 252.439 0.101
201812 0.105 251.233 0.138
201903 0.074 254.202 0.096
201906 0.084 256.143 0.108
201909 0.078 256.759 0.100
201912 0.104 256.974 0.134
202003 0.046 258.115 0.059
202006 0.064 257.797 0.082
202009 0.031 260.280 0.039
202012 0.040 260.474 0.051
202103 0.032 264.877 0.040
202106 0.044 271.696 0.053
202109 0.046 274.310 0.055
202112 0.032 278.802 0.038
202203 0.032 287.504 0.037
202206 0.030 296.311 0.033
202209 0.027 296.808 0.030
202212 0.024 296.797 0.027
202303 0.016 301.836 0.018
202306 0.013 305.109 0.014
202309 0.007 307.789 0.008
202312 0.052 306.746 0.056
202403 0.032 312.332 0.034
202406 0.002 314.175 0.002
202409 0.018 315.301 0.019
202412 0.045 315.605 0.047
202503 0.012 319.799 0.012
202506 -0.006 322.561 -0.006
202509 0.004 324.800 0.004
202512 0.005 324.054 0.005
202603 0.012 330.213 0.012

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 د.إ0.24 mean?
Aramex PJSC (DFM:ARMX) has a E10 of د.إ0.24 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Aramex PJSC and its competitors.
Is Aramex PJSC's E10 too high?
Aramex PJSC's current E10 is د.إ0.24. Overall, Aramex PJSC has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aramex PJSC's E10 compare to FDX and UPS?
Aramex PJSC's E10 of د.إ0.24 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 Aramex PJSC and its competitors. Aramex PJSC's current E10 is د.إ0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aramex PJSC stock overvalued right now?
Based on GuruFocus' analysis, Aramex PJSC (DFM:ARMX) is currently considered Significantly Undervalued. The stock's GF Value™ is د.إ2.75, compared to a current price of د.إ1.78 — trading 35.3% below its estimated fair value. The current E10 is د.إ0.24. Aramex PJSC's overall GF Score™ is 75/100 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 Aramex PJSC (DFM:ARMX), the current E10 is د.إ0.24 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 Aramex PJSC (DFM:ARMX) Overvalued in 2026?

Based on GuruFocus' analysis, Aramex PJSC stock appears to be undervalued. The current stock price of د.إ1.78 is trading 35.3% below its estimated GF Value™ of د.إ2.75. GuruFocus considers Aramex PJSC to be Significantly Undervalued.

Key valuation signals for DFM:ARMX:

  • E10: د.إ0.24
  • GF Value™: د.إ2.75 vs. price of د.إ1.78 (35.3% below fair value)
  • GF Score™: 75/100 with 5 warning signs

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


Aramex PJSC Business Description

Address Plot WF 07, Jebel Ali, P.O. Box: 95946, Dubai Logistics City, Dubai, ARE, 2302A
Aramex PJSC is a logistics company domiciled in the United Arab Emirates. The company organizes itself into four segments: Courier, Freight Forwarding, Logistics, and Other operations. The Courier segment, which contributes the majority of revenue, delivers small packages across the globe. Freight forwarding is the forward freight through air, land, and ocean transport. The Logistics segment offers warehousing, supply-chain management, and inventory management. The Other operations segment includes catalog shipping services, document storage, airline ticketing and travel, and visa services. The company operates globally, especially in Gulf Cooperation Council (GCC), Middle East, North Africa and Turkey, East and South Africa, Europe, North America, South Asia, North Asia and Oceania.
75GF Score

Get the complete analysis for DFM:ARMX

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

د.إ1.78
Price
د.إ2.75
GF Value