Star Bulk Carriers (FRA:4FAP) E10: €0.97 (As of Mar. 2026)


FRA:4FAP Star Bulk Carriers Corp FRA:4FAP
69 GF Score
Price €22.67
GF Value €16.44
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Star Bulk Carriers E10?

Star Bulk Carriers FRA:4FAP -4.10% 69 E10 is €0.97 as of Mar. 2026. GuruFocus rates FRA:4FAP with a GF Score™ of 69/100 and a GF Value™ of €16.44 (Significantly Overvalued). The stock has 9 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.

Star Bulk Carriers's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.97 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Star Bulk Carriers was 71.50% per year. The lowest was -25.70% per year. And the median was -12.90% per year.

As of today (2026-06-26), Star Bulk Carriers's current stock price is €22.67. Star Bulk Carriers's E10 for the quarter that ended in Mar. 2026 was €0.97. Star Bulk Carriers's Shiller PE Ratio of today is 23.37.

During the past 13 years, the highest Shiller PE Ratio of Star Bulk Carriers was 164.31. The lowest was 20.88. And the median was 72.31.


Star Bulk Carriers  (FRA:4FAP) 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.

Star Bulk Carriers's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=22.67/0.97
=23.37

* 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 Star Bulk Carriers was 164.31. The lowest was 20.88. And the median was 72.31.


Be Aware

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


Star Bulk Carriers E10 Related Terms


Star Bulk Carriers E10 Historical Data

* Premium members only.

The historical data trend for Star Bulk Carriers'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.

Star Bulk Carriers E10 Chart

Star Bulk Carriers 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 0.00 -0.87 -0.73 -0.44 0.14

Star Bulk Carriers Quarterly Data
Mar21 Jun21 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 0.00 0.00 -0.03 0.14 0.97

FRA:4FAP vs ZIM, DAC, NMM: E10 Comparison

For the Marine Shipping subindustry, Star Bulk Carriers'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.


Star Bulk Carriers Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Star Bulk Carriers's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Star Bulk Carriers's Shiller PE Ratio falls into.


FRA:4FAP
69GF Score
Star Bulk Carriers Corp FRA:4FAP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Star Bulk Carriers 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, Star Bulk Carriers'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)
=0.45/122.4494*122.4494
=0.450

Current CPI (Mar. 2026) = 122.4494.

Star Bulk Carriers Quarterly Data

per share eps CPI Adj_EPS
201603 -0.997 99.041 -1.233
201606 -0.668 100.121 -0.817
201609 -0.766 99.878 -0.939
201612 -0.493 100.110 -0.603
201703 -0.243 100.770 -0.295
201706 -0.142 101.138 -0.172
201709 -0.101 100.882 -0.123
201712 0.321 100.762 0.390
201803 0.122 100.534 0.149
201806 0.146 102.121 0.175
201809 0.257 101.982 0.309
201812 0.097 101.330 0.117
201903 -0.053 101.482 -0.064
201906 -0.381 101.837 -0.458
201909 0.054 101.906 0.065
201912 0.234 102.120 0.281
202003 0.027 101.479 0.033
202006 -0.408 100.239 -0.498
202009 0.204 99.886 0.250
202012 0.238 99.751 0.292
202103 0.302 99.817 0.370
202106 1.021 101.270 1.235
202112 0.000 104.853 0.000
202203 1.516 108.651 1.709
202206 1.845 113.517 1.990
202209 1.081 114.371 1.157
202212 0.793 112.428 0.864
202303 0.411 113.620 0.443
202306 0.397 115.515 0.421
202309 0.422 116.234 0.445
202312 0.413 116.364 0.435
202403 0.819 117.285 0.855
202406 0.864 118.129 0.896
202409 0.622 119.650 0.637
202412 0.344 119.360 0.353
202503 0.000 120.133 0.000
202506 0.000 121.399 0.000
202509 0.136 121.946 0.137
202512 0.487 122.449 0.487
202603 0.450 122.449 0.450

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 €0.97 mean?
Star Bulk Carriers (FRA:4FAP) has a E10 of €0.97 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Star Bulk Carriers and its competitors.
Is Star Bulk Carriers' E10 too high?
Star Bulk Carriers' current E10 is €0.97. Overall, Star Bulk Carriers has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Star Bulk Carriers' E10 compare to ZIM and DAC?
Star Bulk Carriers' E10 of €0.97 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Star Bulk Carriers and its competitors. Star Bulk Carriers's current E10 is €0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Bulk Carriers stock overvalued right now?
Based on GuruFocus' analysis, Star Bulk Carriers (FRA:4FAP) is currently considered Significantly Overvalued. The stock's GF Value™ is €16.44, compared to a current price of €22.67 — trading 37.9% above its estimated fair value. The current E10 is €0.97. Star Bulk Carriers' overall GF Score™ is 69/100 with 9 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 Star Bulk Carriers (FRA:4FAP), the current E10 is €0.97 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 Star Bulk Carriers (FRA:4FAP) Overvalued in 2026?

Based on GuruFocus' analysis, Star Bulk Carriers stock appears to be overvalued. The current stock price of €22.67 is trading 37.9% above its estimated GF Value™ of €16.44. GuruFocus considers Star Bulk Carriers to be Significantly Overvalued.

Key valuation signals for FRA:4FAP:

  • E10: €0.97
  • GF Value™: €16.44 vs. price of €22.67 (37.9% above fair value)
  • GF Score™: 69/100 with 9 warning signs

No single metric tells the full story. See the FRA:4FAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Star Bulk Carriers Business Description

Other Exchanges SBLK:USA
Address c/o Star Bulk Management Inc, 40 Agiou Konstantinou Street, Maroussi, Athens, GRC, 15124
Star Bulk Carriers Corp provides seaborne transportation solutions in the dry bulk sector. The company owns and operates dry bulk carrier vessels, which are used to transport bulk, such as iron ore, coal, grains, bauxite, fertilizers, and steel products. It owns a fleet of vessels that consists of Newcastlemax, Capesize, Post Panamax, Kamsarmax, Panamax, Ultramax, and Supramax. The firm generates the majority of its revenue from Time charters and Voyage charters.
69GF Score

Get the complete analysis for FRA:4FAP

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

€22.67
Price
€16.44
GF Value