Mirbud (FRA:9SX) E10: €0.21 (As of Mar. 2026)


FRA:9SX Mirbud SA FRA:9SX
73 GF Score
Price €2.41
GF Value €2.19
Valuation Fairly Valued
! 7 Warning Signs
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What is Mirbud E10?

Mirbud FRA:9SX +1.69% 73 E10 is €0.21 as of Mar. 2026. GuruFocus rates FRA:9SX with a GF Score™ of 73/100 and a GF Value™ of €2.19 (Fairly Valued). The stock has 7 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.

Mirbud's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.021. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.21 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mirbud's average E10 Growth Rate was 2.20% per year. During the past 3 years, the average E10 Growth Rate was 28.40% per year. During the past 5 years, the average E10 Growth Rate was 31.30% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Mirbud was 38.10% per year. The lowest was 18.30% per year. And the median was 31.00% per year.

As of today (2026-07-03), Mirbud's current stock price is €2.41. Mirbud's E10 for the quarter that ended in Mar. 2026 was €0.21. Mirbud's Shiller PE Ratio of today is 11.48.

During the past 13 years, the highest Shiller PE Ratio of Mirbud was 18.27. The lowest was 2.81. And the median was 10.79.


Mirbud  (FRA:9SX) 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.

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

Shiller PE Ratio=Share Price/E10
=2.41/0.21
=11.48

* 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 Mirbud was 18.27. The lowest was 2.81. And the median was 10.79.


Be Aware

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


Mirbud E10 Related Terms


Mirbud E10 Historical Data

* Premium members only.

The historical data trend for Mirbud'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.

Mirbud E10 Chart

Mirbud 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 0.09 0.13 0.18 0.20 0.00

Mirbud 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 0.22 0.23 0.21 0.00 0.21

FRA:9SX vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Mirbud'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.


Mirbud Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Mirbud's Shiller PE Ratio distribution charts can be found below:

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


FRA:9SX
73GF Score
Mirbud SA FRA:9SX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mirbud 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, Mirbud'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)
=0.021/163.0700*163.0700
=0.021

Current CPI (Mar. 2026) = 163.0700.

Mirbud Quarterly Data

per share eps CPI Adj_EPS
201606 0.002 99.552 0.003
201609 0.041 99.064 0.067
201612 0.002 100.366 0.003
201703 0.009 101.018 0.015
201706 0.016 101.180 0.026
201709 0.019 101.343 0.031
201712 0.021 102.564 0.033
201803 0.012 102.564 0.019
201806 0.016 103.378 0.025
201809 0.018 103.378 0.028
201812 0.023 103.785 0.036
201903 0.019 104.274 0.030
201906 0.007 105.983 0.011
201909 0.018 105.983 0.028
201912 0.023 107.123 0.035
202003 0.016 109.076 0.024
202006 0.012 109.402 0.018
202009 0.039 109.320 0.058
202012 0.079 109.565 0.118
202103 0.069 112.658 0.100
202106 0.056 113.960 0.080
202109 0.109 115.588 0.154
202112 0.090 119.088 0.123
202203 0.039 125.031 0.051
202206 0.060 131.705 0.074
202209 0.120 135.531 0.144
202212 0.079 139.113 0.093
202303 0.032 145.950 0.036
202306 0.039 147.009 0.043
202309 0.069 146.113 0.077
202312 0.202 147.741 0.223
202403 0.069 149.044 0.075
202406 0.044 150.997 0.048
202409 0.021 153.439 0.022
202412 0.118 154.660 0.124
202503 0.032 157.021 0.033
202506 0.044 157.509 0.046
202509 0.030 158.000 0.031
202512 0.130 158.320 0.134
202603 0.021 163.070 0.021

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 €0.21 mean?
Mirbud (FRA:9SX) has a E10 of €0.21 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mirbud and its competitors.
Is Mirbud's E10 too high?
Mirbud's current E10 is €0.21. Overall, Mirbud has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mirbud's E10 compare to PWR and FIX?
Mirbud's E10 of €0.21 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Mirbud and its competitors. Mirbud's current E10 is €0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirbud stock overvalued right now?
Based on GuruFocus' analysis, Mirbud (FRA:9SX) is currently considered Fairly Valued. The stock's GF Value™ is €2.19, compared to a current price of €2.41 — trading 10% above its estimated fair value. The current E10 is €0.21. Mirbud's overall GF Score™ is 73/100 with 7 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 Mirbud (FRA:9SX), the current E10 is €0.21 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 Mirbud (FRA:9SX) Overvalued in 2026?

Based on GuruFocus' analysis, Mirbud stock appears to be overvalued. The current stock price of €2.41 is trading 10% above its estimated GF Value™ of €2.19. GuruFocus considers Mirbud to be Fairly Valued.

Key valuation signals for FRA:9SX:

  • E10: €0.21
  • GF Value™: €2.19 vs. price of €2.41 (10% above fair value)
  • GF Score™: 73/100 with 7 warning signs

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


Mirbud Business Description

Other Exchanges MRB:Poland
Address European Union 18, Skierniewice, POL, 96-100
Mirbud SA is a construction company. The company acts as a general contractor or a general investment contractor on the construction market in Poland. The scope of construction and assembly services offered to clients includes such sectors as housing buildings, public utility buildings, commercial facilities & engineering and road construction works.
73GF Score

Get the complete analysis for FRA:9SX

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

€2.41
Price
€2.19
GF Value