Zedge (FRA:34Z) E10: €-0.07 (As of Apr. 2026)


FRA:34Z Zedge Inc FRA:34Z
73 GF Score
Price €2.50
GF Value €2.49
Valuation Fairly Valued
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What is Zedge E10?

Zedge FRA:34Z -3.10% 73 E10 is €-0.07 as of Apr. 2026. GuruFocus rates FRA:34Z with a GF Score™ of 73/100 and a GF Value™ of €2.49 (Fairly Valued).

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.

Zedge's adjusted earnings per share data for the three months ended in Apr. 2026 was €0.060. 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 Apr. 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.

As of today (2026-06-28), Zedge's current stock price is €2.50. Zedge's E10 for the quarter that ended in Apr. 2026 was €-0.07. Zedge's Shiller PE Ratio of today is .


Zedge  (FRA:34Z) 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.


Be Aware

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


Zedge E10 Related Terms


Zedge E10 Historical Data

* Premium members only.

The historical data trend for Zedge'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.

Zedge E10 Chart

Zedge Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.01 -0.03

Zedge Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -0.03 -0.04 -0.07 -0.07

FRA:34Z vs SJ, AREN, MNY: E10 Comparison

For the Internet Content & Information subindustry, Zedge'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.


Zedge Shiller PE Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Zedge's Shiller PE Ratio distribution charts can be found below:

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


FRA:34Z
73GF Score
Zedge Inc FRA:34Z
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zedge 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, Zedge's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.06/333.0200*333.0200
=0.060

Current CPI (Apr. 2026) = 333.0200.

Zedge Quarterly Data

per share eps CPI Adj_EPS
201607 -0.075 240.628 -0.104
201610 0.018 241.729 0.025
201701 -0.028 242.839 -0.038
201704 -0.019 244.524 -0.026
201707 -0.017 244.786 -0.023
201710 -0.068 246.663 -0.092
201801 -0.016 247.867 -0.021
201804 -0.024 250.546 -0.032
201807 -0.026 252.006 -0.034
201810 -0.061 252.885 -0.080
201901 -0.018 251.712 -0.024
201904 -0.107 255.548 -0.139
201907 -0.107 256.571 -0.139
201910 -0.072 257.346 -0.093
202001 0.009 257.971 0.012
202004 -0.028 256.389 -0.036
202007 0.043 259.101 0.055
202010 0.068 260.388 0.087
202101 0.140 261.582 0.178
202104 0.142 267.054 0.177
202107 0.135 273.003 0.165
202110 0.121 276.589 0.146
202201 0.141 281.148 0.167
202204 0.046 289.109 0.053
202207 0.295 296.276 0.332
202210 -0.010 298.012 -0.011
202301 0.102 299.170 0.114
202304 -0.502 303.363 -0.551
202307 0.009 305.691 0.010
202310 0.000 307.671 0.000
202401 -0.606 308.417 -0.654
202404 0.009 313.548 0.010
202407 -0.003 314.540 -0.003
202410 -0.018 315.664 -0.019
202501 -0.116 317.671 -0.122
202504 0.009 320.795 0.009
202507 -0.034 323.048 -0.035
202510 0.052 0.000
202601 -0.153 325.252 -0.157
202604 0.060 333.020 0.060

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?
Zedge (FRA:34Z) has a E10 of €-0.07 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Zedge and its competitors.
Is Zedge's E10 too high?
Zedge's current E10 is €-0.07. Overall, Zedge has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zedge's E10 compare to SJ and AREN?
Zedge's E10 of €-0.07 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good E10 depends on the Interactive Media 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 Zedge and its competitors. Zedge'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 Zedge stock overvalued right now?
Based on GuruFocus' analysis, Zedge (FRA:34Z) is currently considered Fairly Valued. The stock's GF Value™ is €2.49, compared to a current price of €2.50 — trading 0.4% above its estimated fair value. The current E10 is €-0.07. Zedge's overall GF Score™ is 73/100. 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 Zedge (FRA:34Z), the current E10 is €-0.07 as of Apr. 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 Zedge (FRA:34Z) Overvalued in 2026?

Based on GuruFocus' analysis, Zedge stock appears to be overvalued. The current stock price of €2.50 is trading 0.4% above its estimated GF Value™ of €2.49. GuruFocus considers Zedge to be Fairly Valued.

Key valuation signals for FRA:34Z:

  • E10: €-0.07
  • GF Value™: €2.49 vs. price of €2.50 (0.4% above fair value)
  • GF Score™: 73/100

No single metric tells the full story. See the FRA:34Z stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zedge Business Description

Other Exchanges ZDGE:USA
Address 1178 Broadway, 3rd Floor, Suite 1450, New York, NY, USA, 10001
Zedge Inc builds digital marketplaces and competitive games centered on content that people use for self-expression. Its products include the Zedge App, a freemium digital content marketplace offering mobile wallpapers, video wallpapers, ringtones, and notification sounds, along with pAInt, a generative AI wallpaper and ringtone maker, GuruShots, a skill-based photo challenge game, and Emojipedia, a trusted source for emoji information. The Zedge App is available on Google Play and the App Store. The company operates two segments: Zedge Marketplace and GuruShots, with the majority of revenue generated from the Zedge Marketplace.
73GF Score

Get the complete analysis for FRA:34Z

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

€2.50
Price
€2.49
GF Value