Miris Holding AB (FRA:9W40) E10: €-451.66 (As of Mar. 2026)

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FRA:9W40 Miris Holding AB FRA:9W40
38 GF Score
Price €2.14
GF Value €1.18
! 4 Warning Signs
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What is Miris Holding AB E10?

Miris Holding AB FRA:9W40 38 E10 is €-451.66 as of Mar. 2026. GuruFocus rates FRA:9W40 with a GF Score™ of 38/100 and a GF Value™ of €1.18. The stock has 4 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.

Miris Holding AB's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.173. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-451.66 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 7.20% per year. During the past 5 years, the average E10 Growth Rate was -5.20% 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 Miris Holding AB was 7.20% per year. The lowest was -23.30% per year. And the median was -9.60% per year.

As of today (2026-07-23), Miris Holding AB's current stock price is €2.14. Miris Holding AB's E10 for the quarter that ended in Mar. 2026 was €-451.66. Miris Holding AB's Shiller PE Ratio of today is .


Miris Holding AB  (FRA:9W40) 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.


Miris Holding AB E10 Related Terms


Miris Holding AB E10 Historical Data

* Premium members only.

The historical data trend for Miris Holding AB'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.

Miris Holding AB E10 Chart

Miris Holding AB 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 -588.74 -473.24 -383.44 -450.13 -461.35

Miris Holding AB 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 -426.24 -360.98 -386.03 -461.35 -451.66

FRA:9W40 vs COHR, KEYS, GRMN: E10 Comparison

For the Scientific & Technical Instruments subindustry, Miris Holding AB'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.


Miris Holding AB Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Miris Holding AB's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Miris Holding AB's Shiller PE Ratio falls into.


FRA:9W40
38GF Score
Miris Holding AB FRA:9W40
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Miris Holding AB 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, Miris Holding AB'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)
=-0.173/133.5600*133.5600
=-0.173

Current CPI (Mar. 2026) = 133.5600.

Miris Holding AB Quarterly Data

per share eps CPI Adj_EPS
201606 -88.812 101.019 -117.420
201609 -86.548 101.138 -114.293
201612 -85.324 102.022 -111.701
201703 -86.914 102.022 -113.782
201706 -84.988 102.752 -110.470
201709 -86.803 103.279 -112.253
201712 -18.231 103.793 -23.460
201803 -16.311 103.962 -20.955
201806 -16.120 104.875 -20.529
201809 -7.944 105.679 -10.040
201812 -41.303 105.912 -52.085
201903 -15.973 105.886 -20.148
201906 -31.555 106.742 -39.483
201909 -15.687 107.214 -19.542
201912 -26.898 107.766 -33.336
202003 -15.421 106.563 -19.328
202006 -7.871 107.498 -9.779
202009 -10.279 107.635 -12.755
202012 -10.198 108.296 -12.577
202103 -3,217.193 108.360 -3,965.396
202106 -8.200 108.928 -10.054
202109 -5.749 110.338 -6.959
202112 -4.230 112.486 -5.022
202203 -5.857 114.825 -6.813
202206 -4.487 118.384 -5.062
202209 -1.989 122.296 -2.172
202212 -2.964 126.365 -3.133
202303 -5.809 127.042 -6.107
202306 -8.785 129.407 -9.067
202309 -3.297 130.224 -3.381
202312 -6.928 131.912 -7.015
202403 -6.804 132.205 -6.874
202406 -1.329 132.716 -1.337
202409 -0.264 132.304 -0.267
202412 -0.130 132.987 -0.131
202503 -0.593 132.825 -0.596
202506 -0.272 133.699 -0.272
202509 -0.045 133.480 -0.045
202512 -0.276 133.390 -0.276
202603 -0.173 133.560 -0.173

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 €-451.66 mean?
Miris Holding AB (FRA:9W40) has a E10 of €-451.66 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Miris Holding AB and its competitors.
Is Miris Holding AB's E10 too high?
Miris Holding AB's current E10 is €-451.66. Overall, Miris Holding AB has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Miris Holding AB's E10 compare to COHR and KEYS?
Miris Holding AB's E10 of €-451.66 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Miris Holding AB and its competitors. Miris Holding AB's current E10 is €-451.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Miris Holding AB stock overvalued right now?
Miris Holding AB (FRA:9W40) has a current E10 of €-451.66. The stock's GF Value™ is €1.18, compared to a current price of €2.14 — trading 81.4% above its estimated fair value. The current E10 is €-451.66. Miris Holding AB's overall GF Score™ is 38/100 with 4 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 Miris Holding AB (FRA:9W40), the current E10 is €-451.66 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 Miris Holding AB (FRA:9W40) Overvalued in 2026?

Based on GuruFocus' analysis, Miris Holding AB stock appears to be overvalued. The current stock price of €2.14 is trading 81.4% above its estimated GF Value™ of €1.18.

Key valuation signals for FRA:9W40:

  • E10: €-451.66
  • GF Value™: €1.18 vs. price of €2.14 (81.4% above fair value)
  • GF Score™: 38/100 with 4 warning signs

No single metric tells the full story. See the FRA:9W40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Miris Holding AB Business Description

Other Exchanges MIR:Sweden
Address Danmarksgatan 26, Uppsala, SWE, SE-753 23
Miris Holding AB develops, produces, markets and sells the Miris HMA - Human Milk Analyzer (HMA). It provides neonatal health through the development, manufacture and sale of equipment and consumables for human milk analysis to enable individual nutrition for premature infants. It is used in healthcare for the analysis of breast milk for premature babies and for the classification of donated breast milk at milk banks.
38GF Score

Get the complete analysis for FRA:9W40

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

€2.14
Price
€1.18
GF Value