Polaris Media ASA (FRA:93J) E10: €0.43 (As of Mar. 2026)


FRA:93J Polaris Media ASA FRA:93J
65 GF Score
Price €4.95
GF Value €5.22
! 6 Warning Signs
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What is Polaris Media ASA E10?

Polaris Media ASA FRA:93J -5.53% 65 E10 is €0.43 as of Mar. 2026. GuruFocus rates FRA:93J with a GF Score™ of 65/100 and a GF Value™ of €5.22. 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.

Polaris Media ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.029. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Polaris Media ASA's average E10 Growth Rate was -33.00% per year. During the past 3 years, the average E10 Growth Rate was -7.10% per year. During the past 5 years, the average E10 Growth Rate was -0.80% 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 Polaris Media ASA was 18.90% per year. The lowest was -7.10% per year. And the median was 1.95% per year.

As of today (2026-06-29), Polaris Media ASA's current stock price is €4.95. Polaris Media ASA's E10 for the quarter that ended in Mar. 2026 was €0.43. Polaris Media ASA's Shiller PE Ratio of today is 11.51.

During the past 13 years, the highest Shiller PE Ratio of Polaris Media ASA was 16.89. The lowest was 2.74. And the median was 8.73.


Polaris Media ASA  (FRA:93J) 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.

Polaris Media ASA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.95/0.43
=11.51

* 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 Polaris Media ASA was 16.89. The lowest was 2.74. And the median was 8.73.


Be Aware

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


Polaris Media ASA E10 Related Terms


Polaris Media ASA E10 Historical Data

* Premium members only.

The historical data trend for Polaris Media ASA'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.

Polaris Media ASA E10 Chart

Polaris Media ASA 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 0.61 0.56 0.52 0.63 0.40

Polaris Media ASA 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 0.64 0.61 0.61 0.40 0.43

FRA:93J vs NYT, WLY: E10 Comparison

For the Publishing subindustry, Polaris Media ASA'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.


Polaris Media ASA Shiller PE Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Polaris Media ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Polaris Media ASA's Shiller PE Ratio falls into.


FRA:93J
65GF Score
Polaris Media ASA FRA:93J
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polaris Media ASA 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, Polaris Media ASA'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)
=-0.029/139.1000*139.1000
=-0.029

Current CPI (Mar. 2026) = 139.1000.

Polaris Media ASA Quarterly Data

per share eps CPI Adj_EPS
201606 0.057 103.800 0.076
201609 0.089 104.200 0.119
201612 -0.372 104.400 -0.496
201703 -0.002 105.000 -0.003
201706 0.147 105.800 0.193
201709 0.048 105.900 0.063
201712 -0.004 106.100 -0.005
201803 0.003 107.300 0.004
201806 0.148 108.500 0.190
201809 0.021 109.500 0.027
201812 0.030 109.800 0.038
201903 -0.010 110.400 -0.013
201906 0.145 110.600 0.182
201909 1.956 111.100 2.449
201912 0.002 111.300 0.002
202003 0.026 111.200 0.033
202006 0.116 112.100 0.144
202009 0.061 112.900 0.075
202012 -0.005 112.900 -0.006
202103 -0.085 114.600 -0.103
202106 0.044 115.300 0.053
202109 0.194 117.500 0.230
202112 0.148 118.900 0.173
202203 -0.030 119.800 -0.035
202206 0.023 122.600 0.026
202209 0.168 125.600 0.186
202212 -0.065 125.900 -0.072
202303 -0.086 127.600 -0.094
202306 0.151 130.400 0.161
202309 0.012 129.800 0.013
202312 -0.166 131.900 -0.175
202403 -0.041 132.600 -0.043
202406 1.115 133.800 1.159
202409 0.137 133.700 0.143
202412 -0.003 134.800 -0.003
202503 -0.034 136.100 -0.035
202506 0.062 137.800 0.063
202509 -0.022 138.500 -0.022
202512 0.008 139.100 0.008
202603 -0.029 139.100 -0.029

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 €0.43 mean?
Polaris Media ASA (FRA:93J) has a E10 of €0.43 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Polaris Media ASA and its competitors.
Is Polaris Media ASA's E10 too high?
Polaris Media ASA's current E10 is €0.43. Overall, Polaris Media ASA has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Polaris Media ASA's E10 compare to NYT and WLY?
Polaris Media ASA's E10 of €0.43 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good E10 depends on the Media - Diversified 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 Polaris Media ASA and its competitors. Polaris Media ASA's current E10 is €0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris Media ASA stock overvalued right now?
Polaris Media ASA (FRA:93J) has a current E10 of €0.43. The stock's GF Value™ is €5.22, compared to a current price of €4.95 — trading 5.2% below its estimated fair value. The current E10 is €0.43. Polaris Media ASA's overall GF Score™ is 65/100 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 Polaris Media ASA (FRA:93J), the current E10 is €0.43 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 Polaris Media ASA (FRA:93J) Overvalued in 2026?

Based on GuruFocus' analysis, Polaris Media ASA stock appears to be undervalued. The current stock price of €4.95 is trading 5.2% below its estimated GF Value™ of €5.22.

Key valuation signals for FRA:93J:

  • E10: €0.43
  • GF Value™: €5.22 vs. price of €4.95 (5.2% below fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the FRA:93J stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Polaris Media ASA Business Description

Other Exchanges POL:Norway
Address Ferjemannsveien 10, Trondheim, NOR, 7042
Polaris Media ASA is the largest media house and printing group. It owns and operates media houses, distribution companies and printing companies in Norway and on the west coast of Sweden. The company places great emphasis on the development of journalists as well as the individual media house's social missions and has a strong regional and local foundation with editorial freedom, independence, and transparency.
65GF Score

Get the complete analysis for FRA:93J

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

€4.95
Price
€5.22
GF Value