Agora (FRA:AGQ1) E10: €-0.18 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:AGQ1 Agora SA FRA:AGQ1
82 GF Score
Price €1.90
GF Value €2.36
! 4 Warning Signs
View Full Analysis

What is Agora E10?

Agora FRA:AGQ1 -0.26% 82 E10 is €-0.18 as of Jun. 2026. GuruFocus rates FRA:AGQ1 with a GF Score™ of 82/100 and a GF Value™ of €2.36. 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.

Agora's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.052. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.18 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was 3.70% per year. During the past 5 years, the average E10 Growth Rate was -14.20% 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 Agora was 3.70% per year. The lowest was -30.80% per year. And the median was -9.80% per year.

As of today (2026-08-22), Agora's current stock price is €1.90. Agora's E10 for the quarter that ended in Jun. 2026 was €-0.18. Agora's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Agora was 348.33. The lowest was 111.11. And the median was 191.67.


Agora  (FRA:AGQ1) 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.

During the past 13 years, the highest Shiller P/E Ratio of Agora was 348.33. The lowest was 111.11. And the median was 191.67.


Be Aware

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


Agora E10 Related Terms


Agora E10 Historical Data

* Premium members only.

The historical data trend for Agora'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.

Agora E10 Chart

Agora 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 0.00 0.00 0.00 0.00 0.00

Agora Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 -0.19 -0.18

FRA:AGQ1 vs NYT, WLY: E10 Comparison

For the Publishing subindustry, Agora'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.


Agora Shiller PE Ratio vs Media - Diversified Industry

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

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


FRA:AGQ1
82GF Score
Agora SA FRA:AGQ1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Agora 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, Agora's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.052/162.2800*162.2800
=0.052

Current CPI (Jun. 2026) = 162.2800.

Agora Quarterly Data

per share eps CPI Adj_EPS
201609 -0.071 99.064 -0.116
201612 0.050 100.366 0.081
201703 -0.040 101.018 -0.064
201706 0.002 101.180 0.003
201709 -0.012 101.343 -0.019
201712 -0.367 102.564 -0.581
201803 0.043 102.564 0.068
201806 0.002 103.378 0.003
201809 -0.019 103.378 -0.030
201812 0.002 103.785 0.003
201903 -0.026 104.274 -0.040
201906 -0.031 105.983 -0.047
201909 -0.014 105.983 -0.021
201912 0.090 107.123 0.136
202003 -0.218 109.076 -0.324
202006 -0.197 109.402 -0.292
202009 -0.036 109.320 -0.053
202012 -0.147 109.565 -0.218
202103 -0.287 112.658 -0.413
202106 -0.047 113.960 -0.067
202109 -0.007 115.588 -0.010
202112 0.111 119.088 0.151
202203 -0.161 125.031 -0.209
202206 -0.081 131.705 -0.100
202209 -0.118 135.531 -0.141
202212 -0.159 139.113 -0.185
202303 0.166 145.950 0.185
202306 0.036 147.009 0.040
202309 -0.071 146.113 -0.079
202312 0.204 147.741 0.224
202403 -0.002 149.044 -0.002
202406 -0.062 150.997 -0.067
202409 -0.059 153.439 -0.062
202412 0.197 154.660 0.207
202503 -0.047 157.021 -0.049
202506 -0.019 157.509 -0.020
202509 -0.031 158.000 -0.032
202512 0.213 158.320 0.218
202603 -0.047 163.070 -0.047
202606 0.052 162.280 0.052

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 €-0.18 mean?
Agora (FRA:AGQ1) has a E10 of €-0.18 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Agora and its competitors.
Is Agora's E10 too high?
Agora's current E10 is €-0.18. Overall, Agora has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Agora's E10 compare to NYT and WLY?
Agora's E10 of €-0.18 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 Agora and its competitors. Agora's current E10 is €-0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agora stock overvalued right now?
Agora (FRA:AGQ1) has a current E10 of €-0.18. The stock's GF Value™ is €2.36, compared to a current price of €1.90 — trading 19.5% below its estimated fair value. The current E10 is €-0.18. Agora's overall GF Score™ is 82/100 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 Agora (FRA:AGQ1), the current E10 is €-0.18 as of Jun. 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 Agora (FRA:AGQ1) Overvalued in 2026?

Based on GuruFocus' analysis, Agora stock appears to be undervalued. The current stock price of €1.90 is trading 19.5% below its estimated GF Value™ of €2.36.

Key valuation signals for FRA:AGQ1:

  • E10: €-0.18
  • GF Value™: €2.36 vs. price of €1.90 (19.5% below fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the FRA:AGQ1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Agora Business Description

Other Exchanges AGO:Poland
Address Czerska 8/10, Warsaw, POL, 00-732
Agora SA is one of the leading media company in Poland. It is engaged in the business of publishing of daily newspapers, magazines and periodic print media. It also provides television advertising, radio broadcasting and online services. The company's publishing portfolio includes Gazeta Wyborcza, and Metro newspaper and several magazines. The internet offering includes Internet portals such as Gazeta.pl, Sport.pl and Blox.pl. In the area radio of broadcasting industry, the company operates more than 15 radio stations including such brands as TOK FM, Rock Radio and Golden Hits (Zlote Przeboje), Radio Pogoda, and Internet radio Tuba.fm and Tuba.pl. The firm also manages a digital terrestrial TV channel called METRO.
82GF Score

Get the complete analysis for FRA:AGQ1

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

€1.90
Price
€2.36
GF Value