IRSA Inversiones y Representaciones (FRA:IRY) E10: €0.48 (As of Mar. 2026)


FRA:IRY IRSA Inversiones y Representaciones SA FRA:IRY
57 GF Score
Price €13.20
GF Value €8.21
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is IRSA Inversiones y Representaciones E10?

IRSA Inversiones y Representaciones FRA:IRY -2.94% 57 E10 is €0.48 as of Mar. 2026. GuruFocus rates FRA:IRY with a GF Score™ of 57/100 and a GF Value™ of €8.21 (Significantly Overvalued). The stock has 10 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.

IRSA Inversiones y Representaciones's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.244. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.48 for the trailing ten years ended in Mar. 2026.

During the past 12 months, IRSA Inversiones y Representaciones's average E10 Growth Rate was 105.20% per year. During the past 3 years, the average E10 Growth Rate was 88.00% 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 IRSA Inversiones y Representaciones was 515.70% per year. The lowest was -53.40% per year. And the median was 86.75% per year.

As of today (2026-06-28), IRSA Inversiones y Representaciones's current stock price is €13.20. IRSA Inversiones y Representaciones's E10 for the quarter that ended in Mar. 2026 was €0.48. IRSA Inversiones y Representaciones's Shiller PE Ratio of today is 27.50.

During the past 13 years, the highest Shiller PE Ratio of IRSA Inversiones y Representaciones was 246.93. The lowest was 6.85. And the median was 20.47.


IRSA Inversiones y Representaciones  (FRA:IRY) 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.

IRSA Inversiones y Representaciones's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=13.20/0.48
=27.50

* 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 IRSA Inversiones y Representaciones was 246.93. The lowest was 6.85. And the median was 20.47.


Be Aware

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


IRSA Inversiones y Representaciones E10 Related Terms


IRSA Inversiones y Representaciones E10 Historical Data

* Premium members only.

The historical data trend for IRSA Inversiones y Representaciones'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.

IRSA Inversiones y Representaciones E10 Chart

IRSA Inversiones y Representaciones Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.95 0.30 0.80 0.25 0.42

IRSA Inversiones y Representaciones 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 0.28 0.42 0.45 0.49 0.48

FRA:IRY vs CBRE, BEKE, CSGP: E10 Comparison

For the Real Estate Services subindustry, IRSA Inversiones y Representaciones'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.


IRSA Inversiones y Representaciones Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, IRSA Inversiones y Representaciones's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IRSA Inversiones y Representaciones's Shiller PE Ratio falls into.


FRA:IRY
57GF Score
IRSA Inversiones y Representaciones SA FRA:IRY
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IRSA Inversiones y Representaciones 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, IRSA Inversiones y Representaciones'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)
=-0.244/330.2130*330.2130
=-0.244

Current CPI (Mar. 2026) = 330.2130.

IRSA Inversiones y Representaciones Quarterly Data

per share eps CPI Adj_EPS
201606 11.589 241.018 15.878
201609 0.216 241.428 0.295
201612 3.874 241.432 5.299
201703 -0.056 243.801 -0.076
201706 -4.750 244.955 -6.403
201709 0.474 246.819 0.634
201712 2.319 246.524 3.106
201803 -1.819 249.554 -2.407
201806 7.751 251.989 10.157
201809 3.313 252.439 4.334
201812 -7.112 251.233 -9.348
201903 -1.756 254.202 -2.281
201906 -15.162 256.143 -19.546
201909 1.313 256.759 1.689
201912 -1.879 256.974 -2.415
202003 -2.098 258.115 -2.684
202006 10.091 257.797 12.926
202009 2.089 260.280 2.650
202012 -2.203 260.474 -2.793
202103 -2.966 264.877 -3.698
202106 -14.782 271.696 -17.966
202109 -0.152 274.310 -0.183
202112 5.283 278.802 6.257
202203 -3.880 287.504 -4.456
202206 23.386 296.311 26.062
202209 0.284 296.808 0.316
202212 3.098 296.797 3.447
202303 2.683 301.836 2.935
202306 9.879 305.109 10.692
202309 8.247 307.789 8.848
202312 1.734 306.746 1.867
202403 -7.302 312.332 -7.720
202406 1.730 314.175 1.818
202409 -1.822 315.301 -1.908
202412 1.095 315.605 1.146
202503 1.080 319.799 1.115
202506 1.348 322.561 1.380
202509 1.181 324.800 1.201
202512 0.493 324.054 0.502
202603 -0.244 330.213 -0.244

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 €0.48 mean?
IRSA Inversiones y Representaciones (FRA:IRY) has a E10 of €0.48 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on IRSA Inversiones y Representaciones and its competitors.
Is IRSA Inversiones y Representaciones' E10 too high?
IRSA Inversiones y Representaciones' current E10 is €0.48. Overall, IRSA Inversiones y Representaciones has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IRSA Inversiones y Representaciones' E10 compare to CBRE and BEKE?
IRSA Inversiones y Representaciones' E10 of €0.48 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 IRSA Inversiones y Representaciones and its competitors. IRSA Inversiones y Representaciones's current E10 is €0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRSA Inversiones y Representaciones stock overvalued right now?
Based on GuruFocus' analysis, IRSA Inversiones y Representaciones (FRA:IRY) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.21, compared to a current price of €13.20 — trading 60.8% above its estimated fair value. The current E10 is €0.48. IRSA Inversiones y Representaciones' overall GF Score™ is 57/100 with 10 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 IRSA Inversiones y Representaciones (FRA:IRY), the current E10 is €0.48 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 IRSA Inversiones y Representaciones (FRA:IRY) Overvalued in 2026?

Based on GuruFocus' analysis, IRSA Inversiones y Representaciones stock appears to be overvalued. The current stock price of €13.20 is trading 60.8% above its estimated GF Value™ of €8.21. GuruFocus considers IRSA Inversiones y Representaciones to be Significantly Overvalued.

Key valuation signals for FRA:IRY:

  • E10: €0.48
  • GF Value™: €8.21 vs. price of €13.20 (60.8% above fair value)
  • GF Score™: 57/100 with 10 warning signs

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


IRSA Inversiones y Representaciones Business Description

Address Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA
IRSA Inversiones y Representaciones SA is engaged in a diversified business. The company's operating segments include Shopping Malls, which comprise lease and service revenues principally related to the rental of commercial and other spaces in the company's shopping malls; Offices, which include lease revenues and other service revenues related to office activities; Sales and Developments, which include the development, maintenance, and sales of undeveloped parcels of land and/or trading properties; Hotels, which mainly include revenues from rooms, catering, and restaurants; and others. The company generates the majority of its revenue from the Shopping Malls segment.
57GF Score

Get the complete analysis for FRA:IRY

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

€13.20
Price
€8.21
GF Value