Spok Holdings (FRA:FQV) E10: €-0.16 (As of Mar. 2026)

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FRA:FQV Spok Holdings Inc FRA:FQV
63 GF Score
Price €8.90
GF Value €12.38
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Spok Holdings E10?

Spok Holdings FRA:FQV 63 E10 is €-0.16 as of Mar. 2026. GuruFocus rates FRA:FQV with a GF Score™ of 63/100 and a GF Value™ of €12.38 (Modestly Undervalued). The stock has 3 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.

Spok Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.078. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.16 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Spok Holdings's average E10 Growth Rate was -156.30% 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 Spok Holdings was 13.80% per year. The lowest was -39.00% per year. And the median was -0.20% per year.

As of today (2026-07-14), Spok Holdings's current stock price is €8.90. Spok Holdings's E10 for the quarter that ended in Mar. 2026 was €-0.16. Spok Holdings's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Spok Holdings was 57.84. The lowest was 5.95. And the median was 15.11.


Spok Holdings  (FRA:FQV) 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 Spok Holdings was 57.84. The lowest was 5.95. And the median was 15.11.


Be Aware

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


Spok Holdings E10 Related Terms


Spok Holdings E10 Historical Data

* Premium members only.

The historical data trend for Spok 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.

Spok Holdings E10 Chart

Spok 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 0.37 0.40 0.31 0.30 -0.13

Spok 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 0.29 0.27 0.26 -0.13 -0.16

FRA:FQV vs LFMD, AMWL, SY: E10 Comparison

For the Health Information Services subindustry, Spok 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.


Spok Holdings Shiller PE Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Spok Holdings's Shiller PE Ratio distribution charts can be found below:

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


FRA:FQV
63GF Score
Spok Holdings Inc FRA:FQV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spok 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, Spok 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)
=0.078/330.2130*330.2130
=0.078

Current CPI (Mar. 2026) = 330.2130.

Spok Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.151 241.018 0.207
201609 0.178 241.428 0.243
201612 0.142 241.432 0.194
201703 0.037 243.801 0.050
201706 0.062 244.955 0.084
201709 0.159 246.819 0.213
201712 -0.904 246.524 -1.211
201803 0.016 249.554 0.021
201806 -0.051 251.989 -0.067
201809 -0.034 252.439 -0.044
201812 0.009 251.233 0.012
201903 0.035 254.202 0.045
201906 -0.027 256.143 -0.035
201909 -0.064 256.759 -0.082
201912 -0.450 256.974 -0.578
202003 -0.217 258.115 -0.278
202006 0.178 257.797 0.228
202009 0.136 260.280 0.173
202012 -2.006 260.474 -2.543
202103 -0.101 264.877 -0.126
202106 -0.033 271.696 -0.040
202109 -0.111 274.310 -0.134
202112 -0.761 278.802 -0.901
202203 -0.336 287.504 -0.386
202206 0.095 296.311 0.106
202209 0.152 296.808 0.169
202212 1.142 296.797 1.271
202303 0.140 301.836 0.153
202306 0.212 305.109 0.229
202309 0.206 307.789 0.221
202312 0.156 306.746 0.168
202403 0.193 312.332 0.204
202406 0.158 314.175 0.166
202409 0.162 315.301 0.170
202412 0.172 315.605 0.180
202503 0.231 319.799 0.239
202506 0.191 322.561 0.196
202509 0.128 324.800 0.130
202512 0.120 324.054 0.122
202603 0.078 330.213 0.078

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 €-0.16 mean?
Spok Holdings (FRA:FQV) has a E10 of €-0.16 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Spok Holdings and its competitors.
Is Spok Holdings' E10 too high?
Spok Holdings' current E10 is €-0.16. Overall, Spok Holdings has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spok Holdings' E10 compare to LFMD and AMWL?
Spok Holdings' E10 of €-0.16 can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good E10 depends on the Healthcare Providers & 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 Spok Holdings and its competitors. Spok Holdings's current E10 is €-0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spok Holdings stock overvalued right now?
Based on GuruFocus' analysis, Spok Holdings (FRA:FQV) is currently considered Modestly Undervalued. The stock's GF Value™ is €12.38, compared to a current price of €8.90 — trading 28.1% below its estimated fair value. The current E10 is €-0.16. Spok Holdings' overall GF Score™ is 63/100 with 3 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 Spok Holdings (FRA:FQV), the current E10 is €-0.16 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 Spok Holdings (FRA:FQV) Overvalued in 2026?

Based on GuruFocus' analysis, Spok Holdings stock appears to be undervalued. The current stock price of €8.90 is trading 28.1% below its estimated GF Value™ of €12.38. GuruFocus considers Spok Holdings to be Modestly Undervalued.

Key valuation signals for FRA:FQV:

  • E10: €-0.16
  • GF Value™: €12.38 vs. price of €8.90 (28.1% below fair value)
  • GF Score™: 63/100 with 3 warning signs

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


Spok Holdings Business Description

Other Exchanges SPOK:USA
Address 3000 Technology Drive, Suite 400, Plano, TX, USA, 75074
Spok Holdings Inc is a provider of healthcare communications. The company delivers clinical communication and collaboration solutions to help protect the health, well-being, and safety of people in the United States and abroad, on a limited basis, in Europe, Canada, Australia, Asia, and the Middle East. The company develops, sells, and supports enterprise-wide systems principally for healthcare and other organizations needing to automate, centralize, and standardize their approach to clinical and critical communications. The company offers its services and products to three market segments: healthcare, government, and large enterprise, with a greater emphasis on the healthcare market segment. Geographically, the company generates the majority of its revenue from the United States.
63GF Score

Get the complete analysis for FRA:FQV

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

€8.90
Price
€12.38
GF Value