Digital Turbine (FRA:4MD) E10: €-0.51 (As of Mar. 2026)


FRA:4MD Digital Turbine Inc FRA:4MD
46 GF Score
Price €9.72
GF Value €3.79
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Digital Turbine E10?

Digital Turbine FRA:4MD +9.21% 46 E10 is €-0.51 as of Mar. 2026. GuruFocus rates FRA:4MD with a GF Score™ of 46/100 and a GF Value™ of €3.79 (Significantly Overvalued). The stock has 6 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.

Digital Turbine's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.052. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.51 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -36.10% per year. During the past 5 years, the average E10 Growth Rate was -6.80% per year. During the past 10 years, the average E10 Growth Rate was 16.60% 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 Digital Turbine was 39.00% per year. The lowest was -36.10% per year. And the median was 2.20% per year.

As of today (2026-06-27), Digital Turbine's current stock price is €9.72. Digital Turbine's E10 for the quarter that ended in Mar. 2026 was €-0.51. Digital Turbine's Shiller PE Ratio of today is .


Digital Turbine  (FRA:4MD) 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.


Digital Turbine E10 Related Terms


Digital Turbine E10 Historical Data

* Premium members only.

The historical data trend for Digital Turbine'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.

Digital Turbine E10 Chart

Digital Turbine Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.32 -0.21 -0.53 -0.55 -0.51

Digital Turbine 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 -0.55 -0.50 -0.46 -0.49 -0.51

FRA:4MD vs AMPL, UPBD, DFIN: E10 Comparison

For the Software - Application subindustry, Digital Turbine'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.


Digital Turbine Shiller PE Ratio vs Software Industry

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

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


FRA:4MD
46GF Score
Digital Turbine Inc FRA:4MD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Digital Turbine 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, Digital Turbine'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)
=-0.052/330.2130*330.2130
=-0.052

Current CPI (Mar. 2026) = 330.2130.

Digital Turbine Quarterly Data

per share eps CPI Adj_EPS
201606 -0.098 241.018 -0.134
201609 -0.098 241.428 -0.134
201612 -0.038 241.432 -0.052
201703 -0.093 243.801 -0.126
201706 -0.053 244.955 -0.071
201709 -0.084 246.819 -0.112
201712 -0.051 246.524 -0.068
201803 -0.414 249.554 -0.548
201806 0.009 251.989 0.012
201809 0.017 252.439 0.022
201812 -0.009 251.233 -0.012
201903 -0.080 254.202 -0.104
201906 -0.018 256.143 -0.023
201909 -0.018 256.759 -0.023
201912 0.036 256.974 0.046
202003 0.136 258.115 0.174
202006 0.098 257.797 0.126
202009 0.003 260.280 0.004
202012 0.123 260.474 0.156
202103 0.260 264.877 0.324
202106 0.116 271.696 0.141
202109 -0.051 274.310 -0.061
202112 0.062 278.802 0.073
202203 0.173 287.504 0.199
202206 0.142 296.311 0.158
202209 0.111 296.808 0.123
202212 0.038 296.797 0.042
202303 -0.131 301.836 -0.143
202306 -0.074 305.109 -0.080
202309 -1.509 307.789 -1.619
202312 -0.128 306.746 -0.138
202403 -2.134 312.332 -2.256
202406 -0.232 314.175 -0.244
202409 -0.216 315.301 -0.226
202412 -0.210 315.605 -0.220
202503 -0.166 319.799 -0.171
202506 -0.113 322.561 -0.116
202509 -0.170 324.800 -0.173
202512 0.026 324.054 0.026
202603 -0.052 330.213 -0.052

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 €-0.51 mean?
Digital Turbine (FRA:4MD) has a E10 of €-0.51 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Digital Turbine and its competitors.
Is Digital Turbine's E10 too high?
Digital Turbine's current E10 is €-0.51. Overall, Digital Turbine has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Turbine's E10 compare to AMPL and UPBD?
Digital Turbine's E10 of €-0.51 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 Digital Turbine and its competitors. Digital Turbine's current E10 is €-0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Turbine stock overvalued right now?
Based on GuruFocus' analysis, Digital Turbine (FRA:4MD) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.79, compared to a current price of €9.72 — trading 156.5% above its estimated fair value. The current E10 is €-0.51. Digital Turbine's overall GF Score™ is 46/100 with 6 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 Digital Turbine (FRA:4MD), the current E10 is €-0.51 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 Digital Turbine (FRA:4MD) Overvalued in 2026?

Based on GuruFocus' analysis, Digital Turbine stock appears to be overvalued. The current stock price of €9.72 is trading 156.5% above its estimated GF Value™ of €3.79. GuruFocus considers Digital Turbine to be Significantly Overvalued.

Key valuation signals for FRA:4MD:

  • E10: €-0.51
  • GF Value™: €3.79 vs. price of €9.72 (156.5% above fair value)
  • GF Score™: 46/100 with 6 warning signs

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


Digital Turbine Business Description

Address 110 San Antonio Street, Suite 160, Austin, TX, USA, 78701
Digital Turbine Inc is an independent mobile growth platform that levels up the landscape for advertisers, publishers, carriers, and device original equipment manufacturers. The Company offers end-to-end products and solutions leveraging proprietary technology to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. In addition, its products and solutions provide monetization opportunities for OEMs, carriers, and application (app or apps) publishers and developers.
46GF Score

Get the complete analysis for FRA:4MD

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

€9.72
Price
€3.79
GF Value