Asseco Business Solutions (FRA:9QQ) E10: €0.70 (As of Mar. 2026)

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FRA:9QQ Asseco Business Solutions SA FRA:9QQ
88 GF Score
Price €19.45
GF Value €17.06
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Asseco Business Solutions E10?

Asseco Business Solutions FRA:9QQ +0.52% 88 E10 is €0.70 as of Mar. 2026. GuruFocus rates FRA:9QQ with a GF Score™ of 88/100 and a GF Value™ of €17.06 (Modestly 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.

Asseco Business Solutions's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.302. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.70 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Asseco Business Solutions's average E10 Growth Rate was 13.60% per year. During the past 3 years, the average E10 Growth Rate was 13.10% per year. During the past 5 years, the average E10 Growth Rate was 16.90% 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 Asseco Business Solutions was 19.30% per year. The lowest was 13.10% per year. And the median was 17.90% per year.

As of today (2026-08-02), Asseco Business Solutions's current stock price is €19.45. Asseco Business Solutions's E10 for the quarter that ended in Mar. 2026 was €0.70. Asseco Business Solutions's Shiller PE Ratio of today is 27.79.

During the past 13 years, the highest Shiller PE Ratio of Asseco Business Solutions was 32.17. The lowest was 13.94. And the median was 23.69.


Asseco Business Solutions  (FRA:9QQ) 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.

Asseco Business Solutions's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.45/0.70
=27.79

* 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 Asseco Business Solutions was 32.17. The lowest was 13.94. And the median was 23.69.


Be Aware

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


Asseco Business Solutions E10 Related Terms


Asseco Business Solutions E10 Historical Data

* Premium members only.

The historical data trend for Asseco Business Solutions'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.

Asseco Business Solutions E10 Chart

Asseco Business Solutions 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 0.36 0.45 0.57 0.65 0.71

Asseco Business Solutions 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 0.66 0.66 0.68 0.71 0.70

FRA:9QQ vs QH, SHOP, UBER: E10 Comparison

For the Software - Application subindustry, Asseco Business Solutions'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.


Asseco Business Solutions Shiller PE Ratio vs Software Industry

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

* The bar in red indicates where Asseco Business Solutions's Shiller PE Ratio falls into.


FRA:9QQ
88GF Score
Asseco Business Solutions SA FRA:9QQ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asseco Business Solutions 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, Asseco Business Solutions'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)
=0.302/163.0700*163.0700
=0.302

Current CPI (Mar. 2026) = 163.0700.

Asseco Business Solutions Quarterly Data

per share eps CPI Adj_EPS
201606 0.063 99.552 0.103
201609 0.077 99.064 0.127
201612 0.084 100.366 0.136
201703 0.093 101.018 0.150
201706 0.067 101.180 0.108
201709 0.072 101.343 0.116
201712 0.116 102.564 0.184
201803 0.102 102.564 0.162
201806 0.100 103.378 0.158
201809 0.100 103.378 0.158
201812 0.132 103.785 0.207
201903 0.107 104.274 0.167
201906 0.098 105.983 0.151
201909 0.109 105.983 0.168
201912 0.197 107.123 0.300
202003 0.107 109.076 0.160
202006 0.109 109.402 0.162
202009 0.109 109.320 0.163
202012 0.204 109.565 0.304
202103 0.114 112.658 0.165
202106 0.116 113.960 0.166
202109 0.130 115.588 0.183
202112 0.200 119.088 0.274
202203 0.123 125.031 0.160
202206 0.118 131.705 0.146
202209 0.149 135.531 0.179
202212 0.202 139.113 0.237
202303 0.142 145.950 0.159
202306 0.135 147.009 0.150
202309 0.179 146.113 0.200
202312 0.204 147.741 0.225
202403 0.167 149.044 0.183
202406 0.160 150.997 0.173
202409 0.193 153.439 0.205
202412 0.283 154.660 0.298
202503 0.202 157.021 0.210
202506 0.160 157.509 0.166
202509 0.232 158.000 0.239
202512 0.344 158.320 0.354
202603 0.302 163.070 0.302

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 €0.70 mean?
Asseco Business Solutions (FRA:9QQ) has a E10 of €0.70 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Asseco Business Solutions and its competitors.
Is Asseco Business Solutions' E10 too high?
Asseco Business Solutions' current E10 is €0.70. Overall, Asseco Business Solutions has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asseco Business Solutions' E10 compare to QH and SHOP?
Asseco Business Solutions' E10 of €0.70 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 Asseco Business Solutions and its competitors. Asseco Business Solutions's current E10 is €0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asseco Business Solutions stock overvalued right now?
Based on GuruFocus' analysis, Asseco Business Solutions (FRA:9QQ) is currently considered Modestly Overvalued. The stock's GF Value™ is €17.06, compared to a current price of €19.45 — trading 14% above its estimated fair value. The current E10 is €0.70. Asseco Business Solutions' overall GF Score™ is 88/100 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 Asseco Business Solutions (FRA:9QQ), the current E10 is €0.70 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 Asseco Business Solutions (FRA:9QQ) Overvalued in 2026?

Based on GuruFocus' analysis, Asseco Business Solutions stock appears to be overvalued. The current stock price of €19.45 is trading 14% above its estimated GF Value™ of €17.06. GuruFocus considers Asseco Business Solutions to be Modestly Overvalued.

Key valuation signals for FRA:9QQ:

  • E10: €0.70
  • GF Value™: €17.06 vs. price of €19.45 (14% above fair value)
  • GF Score™: 88/100 with 3 warning signs

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


Asseco Business Solutions Business Description

Other Exchanges ABS:Poland
Address ul. Konrada Wallenroda 4c, Lublin, POL, 20-607
Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.
88GF Score

Get the complete analysis for FRA:9QQ

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

€19.45
Price
€17.06
GF Value