IDEX Biometrics ASA (FRA:I8X) E10: €-8.94 (As of Mar. 2026)

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FRA:I8X IDEX Biometrics ASA FRA:I8X
27 GF Score
Price €0.71
GF Value €0.05
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is IDEX Biometrics ASA E10?

IDEX Biometrics ASA FRA:I8X -0.83% 27 E10 is €-8.94 as of Mar. 2026. GuruFocus rates FRA:I8X with a GF Score™ of 27/100 and a GF Value™ of €0.05 (Significantly Overvalued). The stock has 5 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.

IDEX Biometrics ASA's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.054. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-8.94 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 5.20% per year. During the past 5 years, the average E10 Growth Rate was -2.10% 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 IDEX Biometrics ASA was 5.60% per year. The lowest was -10.00% per year. And the median was 0.30% per year.

As of today (2026-07-15), IDEX Biometrics ASA's current stock price is €0.714. IDEX Biometrics ASA's E10 for the quarter that ended in Mar. 2026 was €-8.94. IDEX Biometrics ASA's Shiller PE Ratio of today is .


IDEX Biometrics ASA  (FRA:I8X) 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.


IDEX Biometrics ASA E10 Related Terms


IDEX Biometrics ASA E10 Historical Data

* Premium members only.

The historical data trend for IDEX Biometrics ASA'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.

IDEX Biometrics ASA E10 Chart

IDEX Biometrics ASA 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 -10.56 -7.77 -8.46 -9.79 -9.05

IDEX Biometrics ASA 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 -7.07 -6.96 -9.43 -9.05 -8.94

FRA:I8X vs UBER, SHOP, CRM: E10 Comparison

For the Software - Application subindustry, IDEX Biometrics ASA'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.


IDEX Biometrics ASA Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, IDEX Biometrics ASA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IDEX Biometrics ASA's Shiller PE Ratio falls into.


FRA:I8X
27GF Score
IDEX Biometrics ASA FRA:I8X
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IDEX Biometrics ASA 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, IDEX Biometrics ASA'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)
=-0.054/141.0300*141.0300
=-0.054

Current CPI (Mar. 2026) = 141.0300.

IDEX Biometrics ASA Quarterly Data

per share eps CPI Adj_EPS
201606 -2.446 103.800 -3.323
201609 -3.064 104.200 -4.147
201612 -2.247 104.400 -3.035
201703 -3.066 105.000 -4.118
201706 -3.202 105.800 -4.268
201709 -3.258 105.900 -4.339
201712 -3.092 106.100 -4.110
201803 -2.647 107.300 -3.479
201806 -3.212 108.500 -4.175
201809 -2.899 109.500 -3.734
201812 -4.981 109.800 -6.398
201903 -3.105 110.400 -3.966
201906 -2.796 110.600 -3.565
201909 -2.320 111.100 -2.945
201912 -2.907 111.300 -3.684
202003 -2.367 111.200 -3.002
202006 -2.285 112.100 -2.875
202009 -2.212 112.900 -2.763
202012 0.629 112.900 0.786
202103 -2.140 114.600 -2.634
202106 -2.140 115.300 -2.618
202109 -2.184 117.500 -2.621
202112 -4.409 118.900 -5.230
202203 -2.236 119.800 -2.632
202206 -2.435 122.600 -2.801
202209 -2.657 125.600 -2.983
202212 -4.750 125.900 -5.321
202303 -0.468 127.600 -0.517
202306 -0.469 130.400 -0.507
202309 -0.572 129.800 -0.621
202312 -0.517 131.900 -0.553
202403 -0.370 132.600 -0.394
202406 -2.234 133.800 -2.355
202409 0.383 133.700 0.404
202412 -0.675 134.800 -0.706
202503 -0.004 136.100 -0.004
202506 -0.061 137.800 -0.062
202509 -0.017 138.500 -0.017
202512 -0.051 139.100 -0.052
202603 -0.054 141.030 -0.054

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 €-8.94 mean?
IDEX Biometrics ASA (FRA:I8X) has a E10 of €-8.94 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on IDEX Biometrics ASA and its competitors.
Is IDEX Biometrics ASA's E10 too high?
IDEX Biometrics ASA's current E10 is €-8.94. Overall, IDEX Biometrics ASA has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IDEX Biometrics ASA's E10 compare to UBER and SHOP?
IDEX Biometrics ASA's E10 of €-8.94 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 IDEX Biometrics ASA and its competitors. IDEX Biometrics ASA's current E10 is €-8.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDEX Biometrics ASA stock overvalued right now?
Based on GuruFocus' analysis, IDEX Biometrics ASA (FRA:I8X) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.05, compared to a current price of €0.71 — trading 1328% above its estimated fair value. The current E10 is €-8.94. IDEX Biometrics ASA's overall GF Score™ is 27/100 with 5 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 IDEX Biometrics ASA (FRA:I8X), the current E10 is €-8.94 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 IDEX Biometrics ASA (FRA:I8X) Overvalued in 2026?

Based on GuruFocus' analysis, IDEX Biometrics ASA stock appears to be overvalued. The current stock price of €0.71 is trading 1328% above its estimated GF Value™ of €0.05. GuruFocus considers IDEX Biometrics ASA to be Significantly Overvalued.

Key valuation signals for FRA:I8X:

  • E10: €-8.94
  • GF Value™: €0.05 vs. price of €0.71 (1328% above fair value)
  • GF Score™: 27/100 with 5 warning signs

No single metric tells the full story. See the FRA:I8X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IDEX Biometrics ASA Business Description

Other Exchanges IDXAF:USAIDEX:Norway0MTP:UK
Address Henrik Ibsens gate 90, Oslo, NOR, 0255
IDEX Biometrics ASA develops and manufactures fingerprint biometric cards for access control, digital identity, and payment. Its products use fingerprint biometrics for user authentication and are designed for physical and digital access applications. The company serves banks, enterprises, and public sector organizations through direct sales and channel partners.
27GF Score

Get the complete analysis for FRA:I8X

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

€0.71
Price
€0.05
GF Value