Grey Matters Health (FRA:AGW0) E10: €-5.04 (As of May. 2026)

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FRA:AGW0 Grey Matters Health Inc FRA:AGW0
37 GF Score
Price €0.37
! 1 Warning Sign
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What is Grey Matters Health E10?

Grey Matters Health FRA:AGW0 37 E10 is €-5.04 as of May. 2026. GuruFocus rates FRA:AGW0 with a GF Score™ of 37/100. The stock has 1 warning sign 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.

Grey Matters Health's adjusted earnings per share data for the three months ended in May. 2026 was €-0.081. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-5.04 for the trailing ten years ended in May. 2026.

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.

As of today (2026-09-05), Grey Matters Health's current stock price is €0.366. Grey Matters Health's E10 for the quarter that ended in May. 2026 was €-5.04. Grey Matters Health's Shiller PE Ratio of today is .


Grey Matters Health  (FRA:AGW0) 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.


Grey Matters Health E10 Related Terms


Grey Matters Health E10 Historical Data

* Premium members only.

The historical data trend for Grey Matters Health'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.

Grey Matters Health E10 Chart

Grey Matters Health Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 -11.25

Grey Matters Health Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -13.71 -11.25 -4.88 -2.26 -5.04

FRA:AGW0 vs VRTX, REGN, MRNA: E10 Comparison

For the Biotechnology subindustry, Grey Matters Health'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.


Grey Matters Health Shiller PE Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Grey Matters Health's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Grey Matters Health's Shiller PE Ratio falls into.


FRA:AGW0
37GF Score
Grey Matters Health Inc FRA:AGW0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Grey Matters Health 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, Grey Matters Health's adjusted earnings per share data for the three months ended in May. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of May. 2026 (Change)*Current CPI (May. 2026)
=-0.081/134.0005*134.0005
=-0.081

Current CPI (May. 2026) = 134.0005.

Grey Matters Health Quarterly Data

per share eps CPI Adj_EPS
201608 0.000 101.686 0.000
201611 -2.891 101.607 -3.813
201702 -3.001 102.476 -3.924
201705 -2.786 103.108 -3.621
201708 2.814 103.108 3.657
201711 -0.959 103.740 -1.239
201802 -0.765 104.688 -0.979
201805 -1.896 105.399 -2.411
201808 -2.782 106.031 -3.516
201811 -1.396 105.478 -1.773
201902 -1.397 106.268 -1.762
201905 -1.391 107.927 -1.727
201908 -1.419 108.085 -1.759
201911 -0.432 107.769 -0.537
202002 -1.446 108.559 -1.785
202005 -5.499 107.532 -6.853
202008 -3.626 108.243 -4.489
202011 -3.334 108.796 -4.106
202102 -2.251 109.745 -2.749
202105 -1.436 111.404 -1.727
202108 -0.042 112.668 -0.050
202111 -1.051 113.932 -1.236
202202 -1.871 115.986 -2.162
202205 -0.883 120.016 -0.986
202208 -2.216 120.569 -2.463
202211 -1.458 121.675 -1.606
202302 -0.902 122.070 -0.990
202305 -0.681 124.045 -0.736
202308 -1.090 125.389 -1.165
202311 -0.202 125.468 -0.216
202402 -0.343 125.468 -0.366
202405 0.406 127.601 0.426
202408 -0.199 127.838 -0.209
202411 -0.067 127.838 -0.070
202502 -0.094 128.786 -0.098
202505 -0.128 129.813 -0.132
202508 -0.075 130.208 -0.077
202511 -0.123 130.682 -0.126
202602 -0.068 131.077 -0.070
202605 -0.081 134.001 -0.081

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 €-5.04 mean?
Grey Matters Health (FRA:AGW0) has a E10 of €-5.04 as of May. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Grey Matters Health and its competitors.
Is Grey Matters Health's E10 too high?
Grey Matters Health's current E10 is €-5.04. Overall, Grey Matters Health has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Grey Matters Health's E10 compare to VRTX and REGN?
Grey Matters Health's E10 of €-5.04 can be compared against companies in the Biotechnology 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 Biotechnology company?
A good E10 depends on the Biotechnology 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 Grey Matters Health and its competitors. Grey Matters Health's current E10 is €-5.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grey Matters Health stock overvalued right now?
Grey Matters Health (FRA:AGW0) has a current E10 of €-5.04. The current E10 is €-5.04. Grey Matters Health's overall GF Score™ is 37/100 with 1 warning sign 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 Grey Matters Health (FRA:AGW0), the current E10 is €-5.04 as of May. 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.

Grey Matters Health Business Description

Other Exchanges AGNPF:USAGREY:Canada
Address 601 West Broadway, Suite 400, Vancouver, BC, CAN, V5Z 4C2
Grey Matters Health Inc is a drug repurposing company that investigates safe, already approved drugs for new disease applications, moving them efficiently and safely into new human trials, developing new formulations, and seeking new regulatory approvals in world-wide markets.
37GF Score

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