Tile Shop Holdings (FRA:2TS0) E10: €0.17 (As of Dec. 2025)


FRA:2TS0 Tile Shop Holdings Inc FRA:2TS0
53 GF Score
Price €2.93
GF Value €6.00
! 5 Warning Signs
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What is Tile Shop Holdings E10?

Tile Shop Holdings FRA:2TS0 53 E10 is €0.17 as of Dec. 2025. GuruFocus rates FRA:2TS0 with a GF Score™ of 53/100 and a GF Value™ of €6.00. 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.

Tile Shop Holdings's adjusted earnings per share data for the three months ended in Dec. 2025 was €0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.17 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Tile Shop Holdings's average E10 Growth Rate was -16.00% per year. During the past 3 years, the average E10 Growth Rate was 20.50% 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 Tile Shop Holdings was 20.50% per year. The lowest was 20.50% per year. And the median was 20.50% per year.

As of today (2026-06-25), Tile Shop Holdings's current stock price is €2.925. Tile Shop Holdings's E10 for the quarter that ended in Dec. 2025 was €0.17. Tile Shop Holdings's Shiller PE Ratio of today is 17.21.

During the past 13 years, the highest Shiller PE Ratio of Tile Shop Holdings was 450.00. The lowest was 13.24. And the median was 26.24.


Tile Shop Holdings  (FRA:2TS0) 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.

Tile Shop Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.925/0.17
=17.21

* 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 Tile Shop Holdings was 450.00. The lowest was 13.24. And the median was 26.24.


Be Aware

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


Tile Shop Holdings E10 Related Terms


Tile Shop Holdings E10 Historical Data

* Premium members only.

The historical data trend for Tile Shop Holdings'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.

Tile Shop Holdings E10 Chart

Tile Shop Holdings 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 -0.04 0.11 0.22 0.24 0.17

Tile Shop Holdings 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 0.24 0.00 0.22 0.19 0.17

FRA:2TS0 vs LIVE, HVT, HD: E10 Comparison

For the Home Improvement Retail subindustry, Tile Shop Holdings'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.


Tile Shop Holdings Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tile Shop Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Tile Shop Holdings's Shiller PE Ratio falls into.


FRA:2TS0
53GF Score
Tile Shop Holdings Inc FRA:2TS0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tile Shop Holdings 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, Tile Shop Holdings'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)
=0/324.0540*324.0540
=0.000

Current CPI (Dec. 2025) = 324.0540.

Tile Shop Holdings Quarterly Data

per share eps CPI Adj_EPS
201603 0.117 238.132 0.159
201606 0.116 241.018 0.156
201609 0.080 241.428 0.107
201612 0.009 241.432 0.012
201703 0.140 243.801 0.186
201706 0.134 244.955 0.177
201709 0.042 246.819 0.055
201712 -0.118 246.524 -0.155
201803 0.065 249.554 0.084
201806 0.086 251.989 0.111
201809 0.043 252.439 0.055
201812 -0.018 251.233 -0.023
201903 0.027 254.202 0.034
201906 -0.003 256.143 -0.004
201909 -0.027 256.759 -0.034
201912 -0.081 256.974 -0.102
202003 0.063 258.115 0.079
202006 -0.018 257.797 -0.023
202009 0.034 260.280 0.042
202012 0.025 260.474 0.031
202103 0.084 264.877 0.103
202106 0.091 271.696 0.109
202109 0.034 274.310 0.040
202112 0.035 278.802 0.041
202203 0.064 287.504 0.072
202206 0.123 296.311 0.135
202209 0.081 296.808 0.088
202212 0.028 296.797 0.031
202303 0.056 301.836 0.060
202306 0.111 305.109 0.118
202309 0.037 307.789 0.039
202312 0.009 306.746 0.010
202403 0.037 312.332 0.038
202406 0.028 314.175 0.029
202409 0.000 315.301 0.000
202412 -0.010 315.605 -0.010
202503 0.000 319.799 0.000
202506 0.009 322.561 0.009
202509 -0.034 324.800 -0.034
202512 0.000 324.054 0.000

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 €0.17 mean?
Tile Shop Holdings (FRA:2TS0) has a E10 of €0.17 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Tile Shop Holdings and its competitors.
Is Tile Shop Holdings' E10 too high?
Tile Shop Holdings' current E10 is €0.17. Overall, Tile Shop Holdings has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Tile Shop Holdings' E10 compare to LIVE and HVT?
Tile Shop Holdings' E10 of €0.17 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Tile Shop Holdings and its competitors. Tile Shop Holdings's current E10 is €0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tile Shop Holdings stock overvalued right now?
Tile Shop Holdings (FRA:2TS0) has a current E10 of €0.17. The stock's GF Value™ is €6.00, compared to a current price of €2.93 — trading 51.3% below its estimated fair value. The current E10 is €0.17. Tile Shop Holdings' overall GF Score™ is 53/100 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 Tile Shop Holdings (FRA:2TS0), the current E10 is €0.17 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 Tile Shop Holdings (FRA:2TS0) Overvalued in 2026?

Based on GuruFocus' analysis, Tile Shop Holdings stock appears to be undervalued. The current stock price of €2.93 is trading 51.3% below its estimated GF Value™ of €6.00.

Key valuation signals for FRA:2TS0:

  • E10: €0.17
  • GF Value™: €6.00 vs. price of €2.93 (51.3% below fair value)
  • GF Score™: 53/100 with 5 warning signs

No single metric tells the full story. See the FRA:2TS0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tile Shop Holdings Business Description

Other Exchanges TTSH:USA
Address 14000 Carlson Parkway, Plymouth, MN, USA, 55441
Tile Shop Holdings Inc is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It manufactures its setting and maintenance materials, such as thinset, grout, and sealers. The company's primary market is retail sales to consumers, contractors, designers and home builders. Natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. Man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile. The company earns majority of their revenue in the United States.
53GF Score

Get the complete analysis for FRA:2TS0

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

€2.93
Price
€6.00
GF Value