Surgepays (FRA:9B90) E10: €-1.91 (As of Mar. 2026)


FRA:9B90 Surgepays Inc FRA:9B90
31 GF Score
Price €0.33
GF Value €1.38
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Surgepays E10?

Surgepays FRA:9B90 31 E10 is €-1.91 as of Mar. 2026. GuruFocus rates FRA:9B90 with a GF Score™ of 31/100 and a GF Value™ of €1.38 (Possible Value Trap). The stock has 5 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.

Surgepays's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.441. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-1.91 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 10.60% per year. During the past 5 years, the average E10 Growth Rate was 21.70% 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 Surgepays was 48.30% per year. The lowest was 10.60% per year. And the median was 32.60% per year.

As of today (2026-07-11), Surgepays's current stock price is €0.326. Surgepays's E10 for the quarter that ended in Mar. 2026 was €-1.91. Surgepays's Shiller PE Ratio of today is .


Surgepays  (FRA:9B90) 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.


Surgepays E10 Related Terms


Surgepays E10 Historical Data

* Premium members only.

The historical data trend for Surgepays'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.

Surgepays E10 Chart

Surgepays 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 -5.69 -3.17 -2.39 -2.59 -2.08

Surgepays 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 -1.46 -0.97 -1.06 -2.08 -1.91

FRA:9B90 vs IQST, KTEL, HMMR: E10 Comparison

For the Telecom Services subindustry, Surgepays'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.


Surgepays Shiller PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Surgepays's Shiller PE Ratio distribution charts can be found below:

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


FRA:9B90
31GF Score
Surgepays Inc FRA:9B90
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Surgepays 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, Surgepays'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)
=-0.441/330.2130*330.2130
=-0.441

Current CPI (Mar. 2026) = 330.2130.

Surgepays Quarterly Data

per share eps CPI Adj_EPS
201606 -1.335 241.018 -1.829
201609 -0.891 241.428 -1.219
201612 -1.896 241.432 -2.593
201703 -0.935 243.801 -1.266
201706 -0.445 244.955 -0.600
201709 -0.141 246.819 -0.189
201712 2.957 246.524 3.961
201803 0.405 249.554 0.536
201806 -0.195 251.989 -0.256
201809 -0.212 252.439 -0.277
201812 -0.439 251.233 -0.577
201903 -0.885 254.202 -1.150
201906 -1.328 256.143 -1.712
201909 -0.454 256.759 -0.584
201912 -1.350 256.974 -1.735
202003 -1.357 258.115 -1.736
202006 -0.888 257.797 -1.137
202009 -0.925 260.280 -1.174
202012 -1.093 260.474 -1.386
202103 -1.554 264.877 -1.937
202106 -0.058 271.696 -0.070
202109 -0.434 274.310 -0.522
202112 -0.502 278.802 -0.595
202203 -0.091 287.504 -0.105
202206 -0.076 296.311 -0.085
202209 -0.121 296.808 -0.135
202212 0.236 296.797 0.263
202303 0.290 301.836 0.317
202306 0.369 305.109 0.399
202309 0.459 307.789 0.492
202312 0.174 306.746 0.187
202403 0.064 312.332 0.068
202406 -0.613 314.175 -0.644
202409 -0.658 315.301 -0.689
202412 -0.974 315.605 -1.019
202503 -0.351 319.799 -0.362
202506 -0.312 322.561 -0.319
202509 -0.324 324.800 -0.329
202512 -0.589 324.054 -0.600
202603 -0.441 330.213 -0.441

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 €-1.91 mean?
Surgepays (FRA:9B90) has a E10 of €-1.91 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Surgepays and its competitors.
Is Surgepays' E10 too high?
Surgepays' current E10 is €-1.91. Overall, Surgepays has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Surgepays' E10 compare to IQST and KTEL?
Surgepays' E10 of €-1.91 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good E10 depends on the Telecommunication Services 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 Surgepays and its competitors. Surgepays's current E10 is €-1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surgepays stock overvalued right now?
Based on GuruFocus' analysis, Surgepays (FRA:9B90) is currently considered Possible Value Trap. The stock's GF Value™ is €1.38, compared to a current price of €0.33 — trading 76.4% below its estimated fair value. The current E10 is €-1.91. Surgepays' overall GF Score™ is 31/100 with 5 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 Surgepays (FRA:9B90), the current E10 is €-1.91 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 Surgepays (FRA:9B90) Overvalued in 2026?

Based on GuruFocus' analysis, Surgepays stock appears to be undervalued. The current stock price of €0.33 is trading 76.4% below its estimated GF Value™ of €1.38. GuruFocus considers Surgepays to be Possible Value Trap.

Key valuation signals for FRA:9B90:

  • E10: €-1.91
  • GF Value™: €1.38 vs. price of €0.33 (76.4% below fair value)
  • GF Score™: 31/100 with 5 warning signs

No single metric tells the full story. See the FRA:9B90 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Surgepays Business Description

Other Exchanges SURG:USA9B90:Germany
Address 3124 Brother Boulevard, Suite 104, Bartlett, TN, USA, 38133
Surgepays Inc is a wireless and point of sale technology company focused on serving underserved and value-conscious consumers through a combination of retail distribution and digital acquisition channels. It provides mobile connectivity, financial technology services, and transaction processing solutions through an integrated platform that combines wireless services with point of sale software and retail distribution. It enables in-store and online activation of wireless services, prepaid top-ups, and financial transactions, allowing consumers to access essential services in both local and digital environments. Its segments are wireless services or MVNO Telecommunications, platform services or MVNE Enablement Platform (HERO), and wholesale enablement or Comprehensive Platform Services.
31GF Score

Get the complete analysis for FRA:9B90

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

€0.33
Price
€1.38
GF Value