Dubai Financial Market PJSC (DFM:DFM) E10: د.إ0.04 (As of Mar. 2026)


DFM:DFM Dubai Financial Market PJSC DFM:DFM
97 GF Score
Price د.إ1.53
GF Value د.إ1.88
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Dubai Financial Market PJSC E10?

Dubai Financial Market PJSC DFM:DFM 97 E10 is د.إ0.04 as of Mar. 2026. GuruFocus rates DFM:DFM with a GF Score™ of 97/100 and a GF Value™ of د.إ1.88 (Modestly 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.

Dubai Financial Market PJSC's adjusted earnings per share data for the three months ended in Mar. 2026 was د.إ0.022. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is د.إ0.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Dubai Financial Market PJSC's average E10 Growth Rate was 33.30% per year. During the past 5 years, the average E10 Growth Rate was 4.20% 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 Dubai Financial Market PJSC was 10.10% per year. The lowest was -9.10% per year. And the median was 0.00% per year.

As of today (2026-06-25), Dubai Financial Market PJSC's current stock price is د.إ1.53. Dubai Financial Market PJSC's E10 for the quarter that ended in Mar. 2026 was د.إ0.04. Dubai Financial Market PJSC's Shiller PE Ratio of today is 38.25.

During the past 13 years, the highest Shiller PE Ratio of Dubai Financial Market PJSC was 88.00. The lowest was 17.33. And the median was 35.00.


Dubai Financial Market PJSC  (DFM:DFM) 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.

Dubai Financial Market PJSC's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.53/0.04
=38.25

* 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 Dubai Financial Market PJSC was 88.00. The lowest was 17.33. And the median was 35.00.


Be Aware

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


Dubai Financial Market PJSC E10 Related Terms


Dubai Financial Market PJSC E10 Historical Data

* Premium members only.

The historical data trend for Dubai Financial Market 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.

Dubai Financial Market PJSC E10 Chart

Dubai Financial Market 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 0.03 0.04 0.04 0.03 0.04

Dubai Financial Market 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 0.03 0.04 0.04 0.04 0.04

DFM:DFM vs SPGI, CME, ICE: E10 Comparison

For the Financial Data & Stock Exchanges subindustry, Dubai Financial Market 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.


Dubai Financial Market PJSC Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Dubai Financial Market PJSC's Shiller PE Ratio distribution charts can be found below:

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


DFM:DFM
97GF Score
Dubai Financial Market PJSC DFM:DFM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dubai Financial Market 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, Dubai Financial Market 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)
=0.022/330.2130*330.2130
=0.022

Current CPI (Mar. 2026) = 330.2130.

Dubai Financial Market PJSC Quarterly Data

per share eps CPI Adj_EPS
201606 0.007 241.018 0.010
201609 0.004 241.428 0.005
201612 0.010 241.432 0.014
201703 0.013 243.801 0.018
201706 0.005 244.955 0.007
201709 0.003 246.819 0.004
201712 0.007 246.524 0.009
201803 0.006 249.554 0.008
201806 0.004 251.989 0.005
201809 0.003 252.439 0.004
201812 0.003 251.233 0.004
201903 0.004 254.202 0.005
201906 0.005 256.143 0.006
201909 0.004 256.759 0.005
201912 0.003 256.974 0.004
202003 0.004 258.115 0.005
202006 0.006 257.797 0.008
202009 0.005 260.280 0.006
202012 0.002 260.474 0.003
202103 0.003 264.877 0.004
202106 0.002 271.696 0.002
202109 0.000 274.310 0.000
202112 0.008 278.802 0.009
202203 0.003 287.504 0.003
202206 0.005 296.311 0.006
202209 0.003 296.808 0.003
202212 0.007 296.797 0.008
202303 0.004 301.836 0.004
202306 0.010 305.109 0.011
202309 0.009 307.789 0.010
202312 0.018 306.746 0.019
202403 0.011 312.332 0.012
202406 0.011 314.175 0.012
202409 0.012 315.301 0.013
202412 0.013 315.605 0.014
202503 0.016 319.799 0.017
202506 0.073 322.561 0.075
202509 0.017 324.800 0.017
202512 0.015 324.054 0.015
202603 0.022 330.213 0.022

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.إ0.04 mean?
Dubai Financial Market PJSC (DFM:DFM) has a E10 of د.إ0.04 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Dubai Financial Market PJSC and its competitors.
Is Dubai Financial Market PJSC's E10 too high?
Dubai Financial Market PJSC's current E10 is د.إ0.04. Overall, Dubai Financial Market PJSC has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dubai Financial Market PJSC's E10 compare to SPGI and CME?
Dubai Financial Market PJSC's E10 of د.إ0.04 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 Dubai Financial Market PJSC and its competitors. Dubai Financial Market PJSC's current E10 is د.إ0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai Financial Market PJSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai Financial Market PJSC (DFM:DFM) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ1.88, compared to a current price of د.إ1.53 — trading 18.6% below its estimated fair value. The current E10 is د.إ0.04. Dubai Financial Market PJSC's overall GF Score™ is 97/100 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 Dubai Financial Market PJSC (DFM:DFM), the current E10 is د.إ0.04 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 Dubai Financial Market PJSC (DFM:DFM) Overvalued in 2026?

Based on GuruFocus' analysis, Dubai Financial Market PJSC stock appears to be undervalued. The current stock price of د.إ1.53 is trading 18.6% below its estimated GF Value™ of د.إ1.88. GuruFocus considers Dubai Financial Market PJSC to be Modestly Undervalued.

Key valuation signals for DFM:DFM:

  • E10: د.إ0.04
  • GF Value™: د.إ1.88 vs. price of د.إ1.53 (18.6% below fair value)
  • GF Score™: 97/100 with 5 warning signs

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


Dubai Financial Market PJSC Business Description

Address Sheikh Zayed Road, P.O. Box 9700, Reception - Mezzanine Floor, Dubai World Trade Center Building, Dubai, ARE
Dubai Financial Market PJSC operates as a regulated secondary market for the trading of securities issued by public shareholding companies, bonds issued by federal or local governments, local public institutions, and mutual funds as well as other local or foreign financial instruments. The company is focused on trading in financial instruments, acting as a commercial, industrial and agricultural holding and trust company, financial investment consultancy, and brokerage in local and foreign shares and bonds. It is engaged in a single segment of operating stock exchanges and related clearing house. The company derives the majority of revenue from Trading commission fees and rest from Brokerage fees, Clearing, settlement and depository fees, Listing and market data fees, and Other fees.
97GF Score

Get the complete analysis for DFM:DFM

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

د.إ1.53
Price
د.إ1.88
GF Value