Beyond Air (FRA:48L0) E10: €-3,268.97 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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
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:48L0 Beyond Air Inc FRA:48L0
25 GF Score
Price €65.60
GF Value €1,073.24
! 7 Warning Signs
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What is Beyond Air E10?

Beyond Air FRA:48L0 25 E10 is €-3,268.97 as of Mar. 2026. GuruFocus rates FRA:48L0 with a GF Score™ of 25/100 and a GF Value™ of €1,073.24. 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.

Beyond Air's adjusted earnings per share data for the three months ended in Mar. 2026 was €-13.321. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-3,268.97 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.

As of today (2026-07-13), Beyond Air's current stock price is €65.60. Beyond Air's E10 for the quarter that ended in Mar. 2026 was €-3,268.97. Beyond Air's Shiller PE Ratio of today is .


Beyond Air  (FRA:48L0) 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.


Beyond Air E10 Related Terms


Beyond Air E10 Historical Data

* Premium members only.

The historical data trend for Beyond Air'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.

Beyond Air E10 Chart

Beyond Air Annual Data
Trend Dec17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -610.16 -3,268.97

Beyond Air 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 -610.16 -526.88 -960.30 -3,049.09 -3,268.97

FRA:48L0 vs VVOS, TNON, BMRA: E10 Comparison

For the Medical Devices subindustry, Beyond Air'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.


Beyond Air Shiller PE Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Beyond Air's Shiller PE Ratio distribution charts can be found below:

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


FRA:48L0
25GF Score
Beyond Air Inc FRA:48L0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Beyond Air 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, Beyond Air'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)
=-13.321/330.2130*330.2130
=-13.321

Current CPI (Mar. 2026) = 330.2130.

Beyond Air Quarterly Data

per share eps CPI Adj_EPS
201606 -62.165 241.018 -85.171
201609 -31.558 241.428 -43.163
201612 0.000 241.432 0.000
201703 -418.880 243.801 -567.346
201706 -163.760 244.955 -220.758
201709 -396.008 246.819 -529.809
201712 -94.640 246.524 -126.768
201803 45.416 249.554 60.095
201806 -123.264 251.989 -161.528
201809 -181.684 252.439 -237.659
201812 38.676 251.233 50.835
201903 0.000 254.202 0.000
201906 -237.180 256.143 -305.766
201909 -138.016 256.759 -177.500
201912 -154.800 256.974 -198.919
202003 -130.320 258.115 -166.722
202006 -145.632 257.797 -186.540
202009 -101.880 260.280 -129.253
202012 -108.504 260.474 -137.555
202103 -80.640 264.877 -100.531
202106 -102.920 271.696 -125.087
202109 -122.400 274.310 -147.345
202112 -102.660 278.802 -121.590
202203 -265.136 287.504 -304.522
202206 -140.008 296.311 -156.027
202209 -161.600 296.808 -179.788
202212 -162.368 296.797 -180.649
202303 -250.312 301.836 -273.845
202306 -166.140 305.109 -179.810
202309 -191.148 307.789 -205.074
202312 -183.400 306.746 -197.431
202403 -132.480 312.332 -140.064
202406 -98.846 314.175 -103.892
202409 -102.173 315.301 -107.005
202412 -56.536 315.605 -59.153
202503 -33.300 319.799 -34.384
202506 -26.530 322.561 -27.159
202509 -21.300 324.800 -21.655
202512 -14.518 324.054 -14.794
202603 -13.321 330.213 -13.321

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 €-3,268.97 mean?
Beyond Air (FRA:48L0) has a E10 of €-3,268.97 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Beyond Air and its competitors.
Is Beyond Air's E10 too high?
Beyond Air's current E10 is €-3,268.97. Overall, Beyond Air has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Beyond Air's E10 compare to VVOS and TNON?
Beyond Air's E10 of €-3,268.97 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good E10 depends on the Medical Devices & Instruments 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 Beyond Air and its competitors. Beyond Air's current E10 is €-3,268.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beyond Air stock overvalued right now?
Beyond Air (FRA:48L0) has a current E10 of €-3,268.97. The stock's GF Value™ is €1,073.24, compared to a current price of €65.60 — trading 93.9% below its estimated fair value. The current E10 is €-3,268.97. Beyond Air's overall GF Score™ is 25/100 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 Beyond Air (FRA:48L0), the current E10 is €-3,268.97 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 Beyond Air (FRA:48L0) Overvalued in 2026?

Based on GuruFocus' analysis, Beyond Air stock appears to be undervalued. The current stock price of €65.60 is trading 93.9% below its estimated GF Value™ of €1,073.24.

Key valuation signals for FRA:48L0:

  • E10: €-3,268.97
  • GF Value™: €1,073.24 vs. price of €65.60 (93.9% below fair value)
  • GF Score™: 25/100 with 7 warning signs

No single metric tells the full story. See the FRA:48L0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Beyond Air Business Description

Other Exchanges XAIR:USA
Address 900 Stewart Avenue, Suite 301, Garden City, New York, NY, USA, 11530
Beyond Air Inc is a commercial-stage medical device and biopharmaceutical company that develops a Nitric Oxide (NO) Generator and Delivery System that uses NO generated from ambient air and delivers precise amounts of NO to the lungs for the potential treatment of respiratory and other diseases. The firm is applying its therapeutic expertise to develop treatments for pulmonary hypertension, in addition to treatments for lower respiratory tract infections.
25GF Score

Get the complete analysis for FRA:48L0

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

€65.60
Price
€1,073.24
GF Value