Fairfax India Holdings (FRA:F5X) E10: €1.56 (As of Mar. 2026)


FRA:F5X Fairfax India Holdings Corp FRA:F5X
54 GF Score
Price €16.04
GF Value €26.74
Valuation Possible Value Trap
! 4 Warning Signs
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What is Fairfax India Holdings E10?

Fairfax India Holdings FRA:F5X +1.78% 54 E10 is €1.56 as of Mar. 2026. GuruFocus rates FRA:F5X with a GF Score™ of 54/100 and a GF Value™ of €26.74 (Possible Value Trap). 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.

Fairfax India Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was €-2.387. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.56 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fairfax India Holdings's average E10 Growth Rate was 11.40% 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.

As of today (2026-06-28), Fairfax India Holdings's current stock price is €16.04. Fairfax India Holdings's E10 for the quarter that ended in Mar. 2026 was €1.56. Fairfax India Holdings's Shiller PE Ratio of today is 10.28.

During the past 12 years, the highest Shiller PE Ratio of Fairfax India Holdings was 11.76. The lowest was 8.15. And the median was 9.72.


Fairfax India Holdings  (FRA:F5X) 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.

Fairfax India Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=16.04/1.56
=10.28

* 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 12 years, the highest Shiller P/E Ratio of Fairfax India Holdings was 11.76. The lowest was 8.15. And the median was 9.72.


Be Aware

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


Fairfax India Holdings E10 Related Terms


Fairfax India Holdings E10 Historical Data

* Premium members only.

The historical data trend for Fairfax India Holdings'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.

Fairfax India Holdings E10 Chart

Fairfax India Holdings 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 1.60 1.63

Fairfax India Holdings 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 1.43 1.52 1.49 1.63 1.56

FRA:F5X vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, Fairfax India Holdings'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.


Fairfax India Holdings Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fairfax India Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Fairfax India Holdings's Shiller PE Ratio falls into.


FRA:F5X
54GF Score
Fairfax India Holdings Corp FRA:F5X
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fairfax India Holdings 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, Fairfax India Holdings'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)
=-2.387/132.2623*132.2623
=-2.387

Current CPI (Mar. 2026) = 132.2623.

Fairfax India Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.320 102.002 0.415
201609 0.552 101.765 0.717
201612 0.019 101.449 0.025
201703 0.963 102.634 1.241
201706 1.549 103.029 1.989
201709 -0.302 103.345 -0.387
201712 0.431 103.345 0.552
201803 0.154 105.004 0.194
201806 -0.385 105.557 -0.482
201809 0.523 105.636 0.655
201812 0.246 105.399 0.309
201903 -0.301 106.979 -0.372
201906 -0.319 107.690 -0.392
201909 0.527 107.611 0.648
201912 3.078 107.769 3.778
202003 -1.511 107.927 -1.852
202006 0.311 108.401 0.379
202009 0.441 108.164 0.539
202012 0.452 108.559 0.551
202103 1.394 110.298 1.672
202106 1.187 111.720 1.405
202109 0.723 112.905 0.847
202112 -0.673 113.774 -0.782
202203 0.345 117.646 0.388
202206 -0.473 120.806 -0.518
202209 0.798 120.648 0.875
202212 0.614 120.964 0.671
202303 -0.374 122.702 -0.403
202306 1.034 124.203 1.101
202309 0.871 125.230 0.920
202312 0.908 125.072 0.960
202403 -1.996 126.258 -2.091
202406 1.747 127.522 1.812
202409 0.225 127.285 0.234
202412 -0.258 127.364 -0.268
202503 -1.452 129.181 -1.487
202506 1.786 129.892 1.819
202509 0.017 130.287 0.017
202512 2.161 130.366 2.192
202603 -2.387 132.262 -2.387

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 €1.56 mean?
Fairfax India Holdings (FRA:F5X) has a E10 of €1.56 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Fairfax India Holdings and its competitors.
Is Fairfax India Holdings' E10 too high?
Fairfax India Holdings' current E10 is €1.56. Overall, Fairfax India Holdings has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fairfax India Holdings' E10 compare to BLK and BX?
Fairfax India Holdings' E10 of €1.56 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 Fairfax India Holdings and its competitors. Fairfax India Holdings's current E10 is €1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fairfax India Holdings stock overvalued right now?
Based on GuruFocus' analysis, Fairfax India Holdings (FRA:F5X) is currently considered Possible Value Trap. The stock's GF Value™ is €26.74, compared to a current price of €16.04 — trading 40% below its estimated fair value. The current E10 is €1.56. Fairfax India Holdings' overall GF Score™ is 54/100 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 Fairfax India Holdings (FRA:F5X), the current E10 is €1.56 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 Fairfax India Holdings (FRA:F5X) Overvalued in 2026?

Based on GuruFocus' analysis, Fairfax India Holdings stock appears to be undervalued. The current stock price of €16.04 is trading 40% below its estimated GF Value™ of €26.74. GuruFocus considers Fairfax India Holdings to be Possible Value Trap.

Key valuation signals for FRA:F5X:

  • E10: €1.56
  • GF Value™: €26.74 vs. price of €16.04 (40% below fair value)
  • GF Score™: 54/100 with 4 warning signs

No single metric tells the full story. See the FRA:F5X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fairfax India Holdings Business Description

Other Exchanges FFXDF:USAFIH.U:Canada
Address 95 Wellington Street West, Suite 800, Toronto, ON, CAN, M5J 2N7
Fairfax India Holdings Corp is an investment holding company. The investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers, or business conducted in or dependent on India. It operates through investing in India and Indian investments segment and it earns income through the source of interest and dividends.
54GF Score

Get the complete analysis for FRA:F5X

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

€16.04
Price
€26.74
GF Value