Shift (FRA:7CZ) E10: €0.07 (As of Feb. 2026)


FRA:7CZ Shift Inc FRA:7CZ
83 GF Score
Price €3.20
GF Value €8.94
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Shift E10?

Shift FRA:7CZ 83 E10 is €0.07 as of Feb. 2026. GuruFocus rates FRA:7CZ with a GF Score™ of 83/100 and a GF Value™ of €8.94 (Significantly Undervalued). The stock has 1 warning sign 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.

Shift's adjusted earnings per share data for the three months ended in Feb. 2026 was €0.046. 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 Feb. 2026.

During the past 12 months, Shift's average E10 Growth Rate was 29.30% 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.

As of today (2026-06-29), Shift's current stock price is €3.20. Shift's E10 for the quarter that ended in Feb. 2026 was €0.07. Shift's Shiller PE Ratio of today is 45.71.

During the past 13 years, the highest Shiller PE Ratio of Shift was 204.44. The lowest was 43.15. And the median was 109.38.


Shift  (FRA:7CZ) 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.

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

Shiller PE Ratio=Share Price/E10
=3.20/0.07
=45.71

* 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 Shift was 204.44. The lowest was 43.15. And the median was 109.38.


Be Aware

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


Shift E10 Related Terms


Shift E10 Historical Data

* Premium members only.

The historical data trend for Shift'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.

Shift E10 Chart

Shift Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.06 0.07

Shift Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.07 0.07 0.07 0.07 0.07

FRA:7CZ vs UBER, SHOP, CRM: E10 Comparison

For the Software - Application subindustry, Shift'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.


Shift Shiller PE Ratio vs Software Industry

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

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


FRA:7CZ
83GF Score
Shift Inc FRA:7CZ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.046/112.2000*112.2000
=0.046

Current CPI (Feb. 2026) = 112.2000.

Shift Quarterly Data

per share eps CPI Adj_EPS
201605 0.003 98.200 0.003
201608 0.003 97.900 0.003
201611 0.000 98.600 0.000
201702 0.001 98.100 0.001
201705 0.001 98.600 0.001
201708 0.005 98.500 0.006
201711 0.005 99.100 0.006
201802 0.006 99.500 0.007
201805 0.007 99.300 0.008
201808 -0.007 99.800 -0.008
201811 0.006 100.000 0.007
201902 0.002 99.700 0.002
201905 0.008 100.000 0.009
201908 0.017 100.000 0.019
201911 0.013 100.500 0.015
202002 0.012 100.300 0.013
202005 0.009 100.100 0.010
202008 0.019 100.100 0.021
202011 0.013 99.500 0.015
202102 0.020 99.800 0.022
202105 0.023 99.400 0.026
202108 0.027 99.700 0.030
202111 0.040 100.100 0.045
202202 0.037 100.700 0.041
202205 0.029 101.800 0.032
202208 0.035 102.700 0.038
202211 0.032 103.900 0.035
202302 0.025 104.000 0.027
202305 0.045 105.100 0.048
202308 0.054 105.900 0.057
202311 0.026 106.900 0.027
202402 0.044 106.900 0.046
202405 0.007 108.100 0.007
202408 0.043 109.100 0.044
202411 0.046 110.000 0.047
202502 0.061 110.800 0.062
202505 0.042 111.800 0.042
202508 0.059 112.100 0.059
202511 0.038 113.200 0.038
202602 0.046 112.200 0.046

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?
Shift (FRA:7CZ) has a E10 of €0.07 as of Feb. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Shift and its competitors.
Is Shift's E10 too high?
Shift's current E10 is €0.07. Overall, Shift has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shift's E10 compare to UBER and SHOP?
Shift's E10 of €0.07 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 Shift and its competitors. Shift'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 Shift stock overvalued right now?
Based on GuruFocus' analysis, Shift (FRA:7CZ) is currently considered Significantly Undervalued. The stock's GF Value™ is €8.94, compared to a current price of €3.20 — trading 64.2% below its estimated fair value. The current E10 is €0.07. Shift's overall GF Score™ is 83/100 with 1 warning sign 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 Shift (FRA:7CZ), the current E10 is €0.07 as of Feb. 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 Shift (FRA:7CZ) Overvalued in 2026?

Based on GuruFocus' analysis, Shift stock appears to be undervalued. The current stock price of €3.20 is trading 64.2% below its estimated GF Value™ of €8.94. GuruFocus considers Shift to be Significantly Undervalued.

Key valuation signals for FRA:7CZ:

  • E10: €0.07
  • GF Value™: €8.94 vs. price of €3.20 (64.2% below fair value)
  • GF Score™: 83/100 with 1 warning sign

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


Shift Business Description

Other Exchanges 3697:Japan
Address MASONIC 39 MT BUILDING, 2-4-5 Azabudai, Minato-ku, Tokyo, JPN, 106-0041
Shift Inc provides software testing services. The company's solutions include Test Design that takes into consideration of usability for the next project, and its seasoned test engineers provide support to test design such as building standard confirmation item. Test Run helps the customers to choose onsite or off-site implementation in accordance with the environment. MinTest is a website where people report bugs of social games and applications. It also provides other services such as CAT, Non-Functional Testing, Localization, and others related services.
83GF Score

Get the complete analysis for FRA:7CZ

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

€3.20
Price
€8.94
GF Value