Ferro (FRA:0MN) E10: €0.77 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:0MN Ferro SA FRA:0MN
84 GF Score
Price €8.18
GF Value €7.15
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Ferro E10?

Ferro FRA:0MN -0.24% 84 E10 is €0.77 as of Mar. 2026. GuruFocus rates FRA:0MN with a GF Score™ of 84/100 and a GF Value™ of €7.15 (Modestly Overvalued). The stock has 8 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.

Ferro's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.217. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ferro's average E10 Growth Rate was 8.00% per year. During the past 3 years, the average E10 Growth Rate was 10.30% per year. During the past 5 years, the average E10 Growth Rate was 17.90% 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 Ferro was 26.80% per year. The lowest was 10.30% per year. And the median was 21.10% per year.

As of today (2026-08-29), Ferro's current stock price is €8.18. Ferro's E10 for the quarter that ended in Mar. 2026 was €0.77. Ferro's Shiller PE Ratio of today is 10.62.

During the past 13 years, the highest Shiller PE Ratio of Ferro was 25.23. The lowest was 7.94. And the median was 11.38.


Ferro  (FRA:0MN) 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.

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

Shiller PE Ratio=Share Price/E10
=8.18/0.77
=10.62

* 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 Ferro was 25.23. The lowest was 7.94. And the median was 11.38.


Be Aware

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


Ferro E10 Related Terms


Ferro E10 Historical Data

* Premium members only.

The historical data trend for Ferro'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.

Ferro E10 Chart

Ferro 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 0.40 0.55 0.62 0.71 0.74

Ferro 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 0.74 0.75 0.75 0.74 0.77

FRA:0MN vs TT, JCI, CARR: E10 Comparison

For the Building Products & Equipment subindustry, Ferro'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.


Ferro Shiller PE Ratio vs Construction Industry

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

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


FRA:0MN
84GF Score
Ferro SA FRA:0MN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ferro 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, Ferro'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)
=0.217/163.0700*163.0700
=0.217

Current CPI (Mar. 2026) = 163.0700.

Ferro Quarterly Data

per share eps CPI Adj_EPS
201606 0.075 99.552 0.123
201609 0.107 99.064 0.176
201612 0.047 100.366 0.076
201703 0.138 101.018 0.223
201706 0.098 101.180 0.158
201709 0.131 101.343 0.211
201712 -0.243 102.564 -0.386
201803 0.147 102.564 0.234
201806 0.077 103.378 0.121
201809 0.131 103.378 0.207
201812 0.061 103.785 0.096
201903 0.142 104.274 0.222
201906 0.105 105.983 0.162
201909 0.159 105.983 0.245
201912 0.033 107.123 0.050
202003 0.182 109.076 0.272
202006 0.135 109.402 0.201
202009 0.259 109.320 0.386
202012 0.105 109.565 0.156
202103 0.196 112.658 0.284
202106 0.635 113.960 0.909
202109 0.238 115.588 0.336
202112 0.117 119.088 0.160
202203 0.236 125.031 0.308
202206 0.205 131.705 0.254
202209 0.152 135.531 0.183
202212 0.128 139.113 0.150
202303 0.191 145.950 0.213
202306 0.138 147.009 0.153
202309 0.231 146.113 0.258
202312 0.175 147.741 0.193
202403 0.184 149.044 0.201
202406 0.182 150.997 0.197
202409 0.299 153.439 0.318
202412 0.128 154.660 0.135
202503 0.219 157.021 0.227
202506 0.117 157.509 0.121
202509 0.208 158.000 0.215
202512 0.208 158.320 0.214
202603 0.217 163.070 0.217

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 €0.77 mean?
Ferro (FRA:0MN) has a E10 of €0.77 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ferro and its competitors.
Is Ferro's E10 too high?
Ferro's current E10 is €0.77. Overall, Ferro has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ferro's E10 compare to TT and JCI?
Ferro's E10 of €0.77 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 Ferro and its competitors. Ferro's current E10 is €0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferro stock overvalued right now?
Based on GuruFocus' analysis, Ferro (FRA:0MN) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.15, compared to a current price of €8.18 — trading 14.4% above its estimated fair value. The current E10 is €0.77. Ferro's overall GF Score™ is 84/100 with 8 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 Ferro (FRA:0MN), the current E10 is €0.77 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 Ferro (FRA:0MN) Overvalued in 2026?

Based on GuruFocus' analysis, Ferro stock appears to be overvalued. The current stock price of €8.18 is trading 14.4% above its estimated GF Value™ of €7.15. GuruFocus considers Ferro to be Modestly Overvalued.

Key valuation signals for FRA:0MN:

  • E10: €0.77
  • GF Value™: €7.15 vs. price of €8.18 (14.4% above fair value)
  • GF Score™: 84/100 with 8 warning signs

No single metric tells the full story. See the FRA:0MN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ferro Business Description

Other Exchanges FRO:Poland
Address ul. Przemyslowa 7, Skawina, POL, 32-050
Ferro SA is a Poland based company involved in manufacturing and selling sanitary installation and heating fittings, and sanitation equipment in Central and Eastern Europe. It offers mixers, showers, sinks, bathroom accessories, shower trays and bathtubs, water valves, measurement fittings and bathroom heaters among other products.
84GF Score

Get the complete analysis for FRA:0MN

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

€8.18
Price
€7.15
GF Value