DHI Group (FRA:32D) E10: €-0.07 (As of Mar. 2026)


FRA:32D DHI Group Inc FRA:32D
53 GF Score
Price €3.14
GF Value €1.78
Valuation Significantly Overvalued
! 7 Warning Signs
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What is DHI Group E10?

DHI Group FRA:32D -2.48% 53 E10 is €-0.07 as of Mar. 2026. GuruFocus rates FRA:32D with a GF Score™ of 53/100 and a GF Value™ of €1.78 (Significantly Overvalued). The stock has 7 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.

DHI Group's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.035. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.07 for the trailing ten years ended in Mar. 2026.

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 DHI Group was -12.60% per year. The lowest was -66.70% per year. And the median was -35.40% per year.

As of today (2026-07-04), DHI Group's current stock price is €3.14. DHI Group's E10 for the quarter that ended in Mar. 2026 was €-0.07. DHI Group's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of DHI Group was 601.00. The lowest was 3.08. And the median was 11.40.


DHI Group  (FRA:32D) 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.

During the past 13 years, the highest Shiller P/E Ratio of DHI Group was 601.00. The lowest was 3.08. And the median was 11.40.


Be Aware

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


DHI Group E10 Related Terms


DHI Group E10 Historical Data

* Premium members only.

The historical data trend for DHI Group'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.

DHI Group E10 Chart

DHI Group 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 0.06 0.01 -0.02 -0.09 -0.07

DHI Group 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 -0.13 -0.12 -0.14 -0.07 -0.07

FRA:32D vs RTB, EXFY, TRAK: E10 Comparison

For the Software - Application subindustry, DHI Group'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.


DHI Group Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, DHI Group's Shiller PE Ratio distribution charts can be found below:

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


FRA:32D
53GF Score
DHI Group Inc FRA:32D
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DHI Group 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, DHI Group'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)
=0.035/330.2130*330.2130
=0.035

Current CPI (Mar. 2026) = 330.2130.

DHI Group Quarterly Data

per share eps CPI Adj_EPS
201606 0.089 241.018 0.122
201609 -0.312 241.428 -0.427
201612 0.104 241.432 0.142
201703 0.028 243.801 0.038
201706 0.036 244.955 0.049
201709 0.017 246.819 0.023
201712 0.203 246.524 0.272
201803 0.057 249.554 0.075
201806 -0.004 251.989 -0.005
201809 0.017 252.439 0.022
201812 0.053 251.233 0.070
201903 0.027 254.202 0.035
201906 0.053 256.143 0.068
201909 0.073 256.759 0.094
201912 0.063 256.974 0.081
202003 -0.118 258.115 -0.151
202006 0.036 257.797 0.046
202009 -0.484 260.280 -0.614
202012 0.033 260.474 0.042
202103 0.042 264.877 0.052
202106 -0.531 271.696 -0.645
202109 -0.043 274.310 -0.052
202112 0.004 278.802 0.005
202203 0.027 287.504 0.031
202206 0.028 296.311 0.031
202209 -0.020 296.808 -0.022
202212 0.047 296.797 0.052
202303 0.009 301.836 0.010
202306 -0.003 305.109 -0.003
202309 0.019 307.789 0.020
202312 0.046 306.746 0.050
202403 -0.028 312.332 -0.030
202406 0.019 314.175 0.020
202409 0.000 315.301 0.000
202412 0.019 315.605 0.020
202503 -0.194 319.799 -0.200
202506 -0.017 322.561 -0.017
202509 -0.085 324.800 -0.086
202512 0.026 324.054 0.026
202603 0.035 330.213 0.035

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 €-0.07 mean?
DHI Group (FRA:32D) has a E10 of €-0.07 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on DHI Group and its competitors.
Is DHI Group's E10 too high?
DHI Group's current E10 is €-0.07. Overall, DHI Group has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHI Group's E10 compare to RTB and EXFY?
DHI Group's E10 of €-0.07 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 DHI Group and its competitors. DHI Group's current E10 is €-0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHI Group stock overvalued right now?
Based on GuruFocus' analysis, DHI Group (FRA:32D) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.78, compared to a current price of €3.14 — trading 76.4% above its estimated fair value. The current E10 is €-0.07. DHI Group's overall GF Score™ is 53/100 with 7 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 DHI Group (FRA:32D), the current E10 is €-0.07 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 DHI Group (FRA:32D) Overvalued in 2026?

Based on GuruFocus' analysis, DHI Group stock appears to be overvalued. The current stock price of €3.14 is trading 76.4% above its estimated GF Value™ of €1.78. GuruFocus considers DHI Group to be Significantly Overvalued.

Key valuation signals for FRA:32D:

  • E10: €-0.07
  • GF Value™: €1.78 vs. price of €3.14 (76.4% above fair value)
  • GF Score™: 53/100 with 7 warning signs

No single metric tells the full story. See the FRA:32D stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DHI Group Business Description

Other Exchanges DHX:USA
Address 6465 South Greenwood Plaza, Suite 400, Centennial, CO, USA, 80111
DHI Group Inc is a provider of software products, online tools, and services that deliver career marketplaces to candidates and employers in the United States. The company operates through two reportable segments: ClearanceJobs and Dice. Its brands enable recruiters and hiring managers to search, match, and connect with skilled technologists, particularly in technology and active government security clearance, while professionals find job opportunities, job advice, and personalized data. ClearanceJobs connects security-cleared professionals with employers in a secure environment and supports engagement through messaging and live video. Dice, which generates maximum revenue, is a destination for technology and engineering talent, offering job postings across a range of technology roles.
53GF Score

Get the complete analysis for FRA:32D

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

€3.14
Price
€1.78
GF Value