Imperial Petroleum (FRA:AR2) E10: €-0.55 (As of Mar. 2026)


FRA:AR2 Imperial Petroleum Inc FRA:AR2
44 GF Score
Price €4.18
GF Value €2.70
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Imperial Petroleum E10?

Imperial Petroleum FRA:AR2 -2.79% 44 E10 is €-0.55 as of Mar. 2026. GuruFocus rates FRA:AR2 with a GF Score™ of 44/100 and a GF Value™ of €2.70 (Significantly Overvalued). The stock has 2 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.

Imperial Petroleum's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.493. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.55 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 33.00% per year. During the past 5 years, the average E10 Growth Rate was 17.30% 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 Imperial Petroleum was 33.00% per year. The lowest was -18.20% per year. And the median was 4.50% per year.

As of today (2026-06-27), Imperial Petroleum's current stock price is €4.18. Imperial Petroleum's E10 for the quarter that ended in Mar. 2026 was €-0.55. Imperial Petroleum's Shiller PE Ratio of today is .


Imperial Petroleum  (FRA:AR2) 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.


Imperial Petroleum E10 Related Terms


Imperial Petroleum E10 Historical Data

* Premium members only.

The historical data trend for Imperial Petroleum'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.

Imperial Petroleum E10 Chart

Imperial Petroleum Annual Data
Trend Jul09 Jul10 Jul11 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

Imperial Petroleum 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 0.00 0.00 0.00 0.00 -0.55

FRA:AR2 vs NFE, TORO, DLNG: E10 Comparison

For the Oil & Gas Midstream subindustry, Imperial Petroleum'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.


Imperial Petroleum Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Imperial Petroleum's Shiller PE Ratio distribution charts can be found below:

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


FRA:AR2
44GF Score
Imperial Petroleum Inc FRA:AR2
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Imperial Petroleum 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, Imperial Petroleum'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)
=0.493/122.4494*122.4494
=0.493

Current CPI (Mar. 2026) = 122.4494.

Imperial Petroleum Quarterly Data

per share eps CPI Adj_EPS
200807 -0.305 93.728 -0.398
200810 -0.271 94.665 -0.351
200901 -0.498 93.520 -0.652
200904 7.663 94.799 9.898
200907 0.309 94.261 0.401
200910 -0.152 95.819 -0.194
201001 -0.126 95.743 -0.161
201004 -0.145 99.388 -0.179
201007 -11.129 99.439 -13.704
201010 0.313 100.810 0.380
201101 -0.123 100.722 -0.150
201104 0.932 103.292 1.105
201107 1.034 101.823 1.243
201110 -0.328 103.832 -0.387
201201 -2.034 103.059 -2.417
201204 0.296 105.258 0.344
201912 0.000 102.120 0.000
202009 -0.220 99.886 -0.270
202012 0.050 99.751 0.061
202103 -0.136 99.817 -0.167
202106 -0.253 101.270 -0.306
202109 -2.479 102.095 -2.973
202112 -4.512 104.853 -5.269
202203 0.163 108.651 0.184
202206 0.416 113.517 0.449
202209 1.192 114.371 1.276
202212 0.991 112.428 1.079
202303 2.158 113.620 2.326
202306 0.674 115.515 0.714
202309 0.403 116.234 0.425
202312 -0.018 116.364 -0.019
202403 0.460 117.285 0.480
202406 0.520 118.129 0.539
202409 0.243 119.650 0.249
202412 0.096 119.360 0.098
202503 0.277 120.133 0.282
202506 0.303 121.399 0.306
202509 0.247 121.946 0.248
202512 0.299 122.449 0.299
202603 0.493 122.449 0.493

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 €-0.55 mean?
Imperial Petroleum (FRA:AR2) has a E10 of €-0.55 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Imperial Petroleum and its competitors.
Is Imperial Petroleum's E10 too high?
Imperial Petroleum's current E10 is €-0.55. Overall, Imperial Petroleum has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Petroleum's E10 compare to NFE and TORO?
Imperial Petroleum's E10 of €-0.55 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good E10 depends on the Oil & Gas 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 Imperial Petroleum and its competitors. Imperial Petroleum's current E10 is €-0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Imperial Petroleum (FRA:AR2) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.70, compared to a current price of €4.18 — trading 54.8% above its estimated fair value. The current E10 is €-0.55. Imperial Petroleum's overall GF Score™ is 44/100 with 2 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 Imperial Petroleum (FRA:AR2), the current E10 is €-0.55 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 Imperial Petroleum (FRA:AR2) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Petroleum stock appears to be overvalued. The current stock price of €4.18 is trading 54.8% above its estimated GF Value™ of €2.70. GuruFocus considers Imperial Petroleum to be Significantly Overvalued.

Key valuation signals for FRA:AR2:

  • E10: €-0.55
  • GF Value™: €2.70 vs. price of €4.18 (54.8% above fair value)
  • GF Score™: 44/100 with 2 warning signs

No single metric tells the full story. See the FRA:AR2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Imperial Petroleum Business Description

Industry EnergyOil & Gas
Other Exchanges IMPP:USA
Address 331 Kifissias Avenue, Erithrea, Athens, GRC, 14561
Imperial Petroleum Inc is a provider of international seaborne transportation services to oil producers, refineries, and commodities traders. It owns and operates a fleet of six medium-range product tankers that carry refined petroleum products such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals.
44GF Score

Get the complete analysis for FRA:AR2

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

€4.18
Price
€2.70
GF Value