Rafamet (FRA:L9X) E10: €-0.45 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:L9X Rafamet SA FRA:L9X
48 GF Score
Price €10.98
GF Value €1.28
! 5 Warning Signs
View Full Analysis

What is Rafamet E10?

Rafamet FRA:L9X +1.48% 48 E10 is €-0.45 as of Mar. 2026. GuruFocus rates FRA:L9X with a GF Score™ of 48/100 and a GF Value™ of €1.28. 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.

Rafamet's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.104. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.45 for the trailing ten years ended in Mar. 2026.

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 (2026-08-01), Rafamet's current stock price is €10.98. Rafamet's E10 for the quarter that ended in Mar. 2026 was €-0.45. Rafamet's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Rafamet was 570.00. The lowest was 32.33. And the median was 51.60.


Rafamet  (FRA:L9X) 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 Rafamet was 570.00. The lowest was 32.33. And the median was 51.60.


Be Aware

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


Rafamet E10 Related Terms


Rafamet E10 Historical Data

* Premium members only.

The historical data trend for Rafamet'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.

Rafamet E10 Chart

Rafamet 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 0.00 0.00

Rafamet 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 0.00 0.00 0.00 0.00 -0.45

FRA:L9X vs SNA, RBC, SWK: E10 Comparison

For the Tools & Accessories subindustry, Rafamet'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.


Rafamet Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rafamet's Shiller PE Ratio distribution charts can be found below:

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


FRA:L9X
48GF Score
Rafamet SA FRA:L9X
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rafamet 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, Rafamet'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)
=-0.104/163.0700*163.0700
=-0.104

Current CPI (Mar. 2026) = 163.0700.

Rafamet Quarterly Data

per share eps CPI Adj_EPS
201606 0.046 99.552 0.075
201609 0.029 99.064 0.048
201612 0.111 100.366 0.180
201703 -0.051 101.018 -0.082
201706 -0.032 101.180 -0.052
201709 0.096 101.343 0.154
201712 0.023 102.564 0.037
201803 0.023 102.564 0.037
201806 -0.071 103.378 -0.112
201809 0.004 103.378 0.006
201812 0.086 103.785 0.135
201903 0.009 104.274 0.014
201906 -0.081 105.983 -0.125
201909 0.016 105.983 0.025
201912 0.114 107.123 0.174
202003 -0.044 109.076 -0.066
202006 -0.136 109.402 -0.203
202009 0.063 109.320 0.094
202012 -0.023 109.565 -0.034
202103 -0.037 112.658 -0.054
202106 -0.065 113.960 -0.093
202109 0.025 115.588 0.035
202112 0.086 119.088 0.118
202203 -0.100 125.031 -0.130
202206 -0.074 131.705 -0.092
202209 -0.135 135.531 -0.162
202212 -0.088 139.113 -0.103
202303 0.049 145.950 0.055
202306 -0.172 147.009 -0.191
202309 0.107 146.113 0.119
202312 -0.439 147.741 -0.485
202403 -0.074 149.044 -0.081
202406 -0.393 150.997 -0.424
202409 -0.295 153.439 -0.314
202412 -1.774 154.660 -1.870
202503 -0.211 157.021 -0.219
202506 -0.343 157.509 -0.355
202509 -0.090 158.000 -0.093
202512 -0.634 158.320 -0.653
202603 -0.104 163.070 -0.104

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 €-0.45 mean?
Rafamet (FRA:L9X) has a E10 of €-0.45 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Rafamet and its competitors.
Is Rafamet's E10 too high?
Rafamet's current E10 is €-0.45. Overall, Rafamet has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Rafamet's E10 compare to SNA and RBC?
Rafamet's E10 of €-0.45 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Rafamet and its competitors. Rafamet's current E10 is €-0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafamet stock overvalued right now?
Rafamet (FRA:L9X) has a current E10 of €-0.45. The stock's GF Value™ is €1.28, compared to a current price of €10.98 — trading 757.8% above its estimated fair value. The current E10 is €-0.45. Rafamet's overall GF Score™ is 48/100 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 Rafamet (FRA:L9X), the current E10 is €-0.45 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 Rafamet (FRA:L9X) Overvalued in 2026?

Based on GuruFocus' analysis, Rafamet stock appears to be overvalued. The current stock price of €10.98 is trading 757.8% above its estimated GF Value™ of €1.28.

Key valuation signals for FRA:L9X:

  • E10: €-0.45
  • GF Value™: €1.28 vs. price of €10.98 (757.8% above fair value)
  • GF Score™: 48/100 with 5 warning signs

No single metric tells the full story. See the FRA:L9X stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rafamet Business Description

Other Exchanges RAF:Poland
Address Street Staszica 1, Kuznia Raciborska, POL, 47-420
Rafamet SA is involved in manufacturing and selling special-purpose machine tools for wheelset machining globally. It offers vertical turning and horizontal lathes, horizontal drilling machines, milling machines, horizontal boring machines, and castings. It is a supplier of heavy-duty special-purpose machine tools for customers in the machine-building, power generation, shipbuilding, metallurgical, aerospace, and defense industries.
48GF Score

Get the complete analysis for FRA:L9X

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

€10.98
Price
€1.28
GF Value