Diversified Royalty (FRA:BEW) E10: €0.08 (As of Mar. 2026)


FRA:BEW Diversified Royalty Corp FRA:BEW
84 GF Score
Price €2.87
GF Value €2.16
Valuation Significantly Overvalued
! 11 Warning Signs
View Full Analysis

What is Diversified Royalty E10?

Diversified Royalty FRA:BEW -6.51% 84 E10 is €0.08 as of Mar. 2026. GuruFocus rates FRA:BEW with a GF Score™ of 84/100 and a GF Value™ of €2.16 (Significantly Overvalued). The stock has 11 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.

Diversified Royalty's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.025. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Diversified Royalty's average E10 Growth Rate was 7.70% per year. During the past 3 years, the average E10 Growth Rate was 15.90% per year. During the past 5 years, the average E10 Growth Rate was 18.90% 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 Diversified Royalty was 54.20% per year. The lowest was -53.30% per year. And the median was -3.25% per year.

As of today (2026-07-06), Diversified Royalty's current stock price is €2.87. Diversified Royalty's E10 for the quarter that ended in Mar. 2026 was €0.08. Diversified Royalty's Shiller PE Ratio of today is 35.88.

During the past 13 years, the highest Shiller PE Ratio of Diversified Royalty was 89.33. The lowest was 12.91. And the median was 26.91.


Diversified Royalty  (FRA:BEW) 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.

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

Shiller PE Ratio=Share Price/E10
=2.87/0.08
=35.88

* 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 Diversified Royalty was 89.33. The lowest was 12.91. And the median was 26.91.


Be Aware

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


Diversified Royalty E10 Related Terms


Diversified Royalty E10 Historical Data

* Premium members only.

The historical data trend for Diversified Royalty'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.

Diversified Royalty E10 Chart

Diversified Royalty 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 0.07 0.06 0.09 0.08 0.08

Diversified Royalty 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 0.09 0.08 0.08 0.08 0.08

FRA:BEW vs CTAS, CPRT, ULS: E10 Comparison

For the Specialty Business Services subindustry, Diversified Royalty'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.


Diversified Royalty Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Diversified Royalty's Shiller PE Ratio distribution charts can be found below:

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


FRA:BEW
84GF Score
Diversified Royalty Corp FRA:BEW
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Diversified Royalty 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, Diversified Royalty'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)
=0.025/132.2623*132.2623
=0.025

Current CPI (Mar. 2026) = 132.2623.

Diversified Royalty Quarterly Data

per share eps CPI Adj_EPS
201606 0.021 102.002 0.027
201609 -0.002 101.765 -0.003
201612 0.028 101.449 0.037
201703 0.014 102.634 0.018
201706 0.020 103.029 0.026
201709 0.020 103.345 0.026
201712 0.020 103.345 0.026
201803 0.013 105.004 0.016
201806 0.020 105.557 0.025
201809 0.020 105.636 0.025
201812 0.007 105.399 0.009
201903 0.013 106.979 0.016
201906 0.020 107.690 0.025
201909 0.027 107.611 0.033
201912 0.027 107.769 0.033
202003 -0.065 107.927 -0.080
202006 0.013 108.401 0.016
202009 -0.006 108.164 -0.007
202012 0.006 108.559 0.007
202103 0.020 110.298 0.024
202106 0.027 111.720 0.032
202109 0.034 112.905 0.040
202112 0.041 113.774 0.048
202203 0.036 117.646 0.040
202206 0.044 120.806 0.048
202209 0.038 120.648 0.042
202212 -0.028 120.964 -0.031
202303 0.034 122.702 0.037
202306 0.042 124.203 0.045
202309 0.035 125.230 0.037
202312 0.041 125.072 0.043
202403 0.034 126.258 0.036
202406 0.034 127.522 0.035
202409 0.027 127.285 0.028
202412 0.013 127.364 0.013
202503 0.032 129.181 0.033
202506 0.032 129.892 0.033
202509 0.031 130.287 0.031
202512 0.037 130.366 0.038
202603 0.025 132.262 0.025

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 €0.08 mean?
Diversified Royalty (FRA:BEW) has a E10 of €0.08 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Diversified Royalty and its competitors.
Is Diversified Royalty's E10 too high?
Diversified Royalty's current E10 is €0.08. Overall, Diversified Royalty has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Diversified Royalty's E10 compare to CTAS and CPRT?
Diversified Royalty's E10 of €0.08 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 Diversified Royalty and its competitors. Diversified Royalty's current E10 is €0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diversified Royalty stock overvalued right now?
Based on GuruFocus' analysis, Diversified Royalty (FRA:BEW) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.16, compared to a current price of €2.87 — trading 32.9% above its estimated fair value. The current E10 is €0.08. Diversified Royalty's overall GF Score™ is 84/100 with 11 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 Diversified Royalty (FRA:BEW), the current E10 is €0.08 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 Diversified Royalty (FRA:BEW) Overvalued in 2026?

Based on GuruFocus' analysis, Diversified Royalty stock appears to be overvalued. The current stock price of €2.87 is trading 32.9% above its estimated GF Value™ of €2.16. GuruFocus considers Diversified Royalty to be Significantly Overvalued.

Key valuation signals for FRA:BEW:

  • E10: €0.08
  • GF Value™: €2.16 vs. price of €2.87 (32.9% above fair value)
  • GF Score™: 84/100 with 11 warning signs

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


Diversified Royalty Business Description

Address 609 Granville Street, Suite 330, P.O. Box 10033, Vancouver, BC, CAN, V7Y 1A1
Diversified Royalty Corp is a multi-royalty company. It is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The firm purchases trademarks of the companies it is going to acquire. Its objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors. All of the company's operating revenues are earned from the receipt of royalties and management fees from its Royalty Partners.
84GF Score

Get the complete analysis for FRA:BEW

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

€2.87
Price
€2.16
GF Value