CD Projekt (FRA:7CD) E10: €1.15 (As of Mar. 2026)


FRA:7CD CD Projekt SA FRA:7CD
83 GF Score
Price €54.84
GF Value €31.66
Valuation Significantly Overvalued
! 3 Warning Signs
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What is CD Projekt E10?

CD Projekt FRA:7CD +6.28% 83 E10 is €1.15 as of Mar. 2026. GuruFocus rates FRA:7CD with a GF Score™ of 83/100 and a GF Value™ of €31.66 (Significantly Overvalued). The stock has 3 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.

CD Projekt's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.244. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.15 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 20.90% per year. During the past 5 years, the average E10 Growth Rate was 28.90% 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 CD Projekt was 42.70% per year. The lowest was 20.90% per year. And the median was 28.05% per year.

As of today (2026-07-03), CD Projekt's current stock price is €54.84. CD Projekt's E10 for the quarter that ended in Mar. 2026 was €1.15. CD Projekt's Shiller PE Ratio of today is 47.69.

During the past 13 years, the highest Shiller PE Ratio of CD Projekt was 316.31. The lowest was 23.12. And the median was 52.55.


CD Projekt  (FRA:7CD) 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.

CD Projekt's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=54.84/1.15
=47.69

* 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 CD Projekt was 316.31. The lowest was 23.12. And the median was 52.55.


Be Aware

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


CD Projekt E10 Related Terms


CD Projekt E10 Historical Data

* Premium members only.

The historical data trend for CD Projekt'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.

CD Projekt E10 Chart

CD Projekt Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.61 0.77 1.01 1.17

CD Projekt Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 1.17 1.21 1.15 1.18 1.15

FRA:7CD vs NTES, EA, TTWO: E10 Comparison

For the Electronic Gaming & Multimedia subindustry, CD Projekt'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.


CD Projekt Shiller PE Ratio vs Interactive Media Industry

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

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


FRA:7CD
83GF Score
CD Projekt SA FRA:7CD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CD Projekt 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, CD Projekt'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)
=0.244/163.0700*163.0700
=0.244

Current CPI (Mar. 2026) = 163.0700.

CD Projekt Quarterly Data

per share eps CPI Adj_EPS
201603 0.079 98.983 0.130
201606 0.246 99.552 0.403
201609 0.086 99.064 0.142
201612 0.188 100.366 0.305
201703 0.107 101.018 0.173
201706 0.176 101.180 0.284
201709 0.083 101.343 0.134
201712 0.107 102.564 0.170
201803 0.053 102.564 0.084
201806 0.067 103.378 0.106
201809 0.035 103.378 0.055
201812 0.097 103.785 0.152
201903 0.042 104.274 0.066
201906 0.077 105.983 0.118
201909 0.035 105.983 0.054
201912 0.250 107.123 0.381
202003 0.211 109.076 0.315
202006 0.125 109.402 0.186
202009 0.053 109.320 0.079
202012 2.264 109.565 3.370
202103 0.074 112.658 0.107
202106 0.167 113.960 0.239
202109 0.037 115.588 0.052
202112 0.199 119.088 0.272
202203 0.158 125.031 0.206
202206 0.104 131.705 0.129
202209 0.227 135.531 0.273
202212 0.308 139.113 0.361
202303 0.160 145.950 0.179
202306 0.049 147.009 0.054
202309 0.471 146.113 0.526
202312 0.443 147.741 0.489
202403 0.232 149.044 0.254
202406 0.162 150.997 0.175
202409 0.181 153.439 0.192
202412 0.513 154.660 0.541
202503 0.257 157.021 0.267
202506 0.100 157.509 0.104
202509 0.445 158.000 0.459
202603 0.244 163.070 0.244

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 €1.15 mean?
CD Projekt (FRA:7CD) has a E10 of €1.15 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on CD Projekt and its competitors.
Is CD Projekt's E10 too high?
CD Projekt's current E10 is €1.15. Overall, CD Projekt has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CD Projekt's E10 compare to NTES and EA?
CD Projekt's E10 of €1.15 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 CD Projekt and its competitors. CD Projekt's current E10 is €1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CD Projekt stock overvalued right now?
Based on GuruFocus' analysis, CD Projekt (FRA:7CD) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.66, compared to a current price of €54.84 — trading 73.2% above its estimated fair value. The current E10 is €1.15. CD Projekt's overall GF Score™ is 83/100 with 3 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 CD Projekt (FRA:7CD), the current E10 is €1.15 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 CD Projekt (FRA:7CD) Overvalued in 2026?

Based on GuruFocus' analysis, CD Projekt stock appears to be overvalued. The current stock price of €54.84 is trading 73.2% above its estimated GF Value™ of €31.66. GuruFocus considers CD Projekt to be Significantly Overvalued.

Key valuation signals for FRA:7CD:

  • E10: €1.15
  • GF Value™: €31.66 vs. price of €54.84 (73.2% above fair value)
  • GF Score™: 83/100 with 3 warning signs

No single metric tells the full story. See the FRA:7CD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CD Projekt Business Description

Other Exchanges OTGLY:USACDR:Poland
Address ul. Jagiellonska 74, Building E, Warsaw, POL, 03-301
CD Projekt SA is the holding company of the CD Projekt capital group. The firm, with its subsidiary, develops and publishes video games for hardware platforms such as Steam, PlayStation Store, Xbox Games Store, Nintendo, App Store, Humble Bundle, Origin, and its own proprietary GOG.com platform. It is also involved in international digital video game distribution. The firm has CD Projekt Red and GOG.com segments. It derives the majority of its revenues from the CD Projekt Red segment.
83GF Score

Get the complete analysis for FRA:7CD

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

€54.84
Price
€31.66
GF Value