Largo (FRA:LR8) E10: €0.04 (As of Mar. 2026)


FRA:LR8 Largo Inc FRA:LR8
61 GF Score
Price €0.55
GF Value €0.99
Valuation Possible Value Trap
! 6 Warning Signs
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What is Largo E10?

Largo FRA:LR8 -1.61% 61 E10 is €0.04 as of Mar. 2026. GuruFocus rates FRA:LR8 with a GF Score™ of 61/100 and a GF Value™ of €0.99 (Possible Value Trap). The stock has 6 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.

Largo's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.061. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.04 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Largo was 26.80% per year. The lowest was -0.80% per year. And the median was 14.90% per year.

As of today (2026-06-30), Largo's current stock price is €0.551. Largo's E10 for the quarter that ended in Mar. 2026 was €0.04. Largo's Shiller PE Ratio of today is 13.78.

During the past 13 years, the highest Shiller PE Ratio of Largo was 58.00. The lowest was 12.86. And the median was 26.00.


Largo  (FRA:LR8) 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.

Largo's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=0.551/0.04
=13.78

* 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 Largo was 58.00. The lowest was 12.86. And the median was 26.00.


Be Aware

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


Largo E10 Related Terms


Largo E10 Historical Data

* Premium members only.

The historical data trend for Largo'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.

Largo E10 Chart

Largo 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 -1.48 -1.01 -0.94 -0.54 0.02

Largo 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 -0.23 -0.22 -0.08 0.02 0.04

Largo E10 Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Largo'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.


Largo Shiller PE Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Largo's Shiller PE Ratio distribution charts can be found below:

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


FRA:LR8
61GF Score
Largo Inc FRA:LR8
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Largo 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, Largo'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)
=-0.061/132.2623*132.2623
=-0.061

Current CPI (Mar. 2026) = 132.2623.

Largo Quarterly Data

per share eps CPI Adj_EPS
201606 -0.138 102.002 -0.179
201609 -0.407 101.765 -0.529
201612 -0.122 101.449 -0.159
201703 -0.140 102.634 -0.180
201706 -0.205 103.029 -0.263
201709 0.203 103.345 0.260
201712 0.002 103.345 0.003
201803 0.440 105.004 0.554
201806 0.911 105.557 1.141
201809 0.730 105.636 0.914
201812 0.917 105.399 1.151
201903 -0.027 106.979 -0.033
201906 -0.266 107.690 -0.327
201909 -0.091 107.611 -0.112
201912 -0.090 107.769 -0.110
202003 0.063 107.927 0.077
202006 -0.107 108.401 -0.131
202009 0.034 108.164 0.042
202012 0.092 108.559 0.112
202103 0.059 110.298 0.071
202106 0.108 111.720 0.128
202109 0.119 112.905 0.139
202112 0.009 113.774 0.010
202203 -0.027 117.646 -0.030
202206 0.265 120.806 0.290
202209 -0.040 120.648 -0.044
202212 -0.219 120.964 -0.239
202303 -0.019 122.702 -0.020
202306 -0.083 124.203 -0.088
202309 -0.178 125.230 -0.188
202312 -0.159 125.072 -0.168
202403 -0.184 126.258 -0.193
202406 -0.214 127.522 -0.222
202409 -0.144 127.285 -0.150
202412 -0.181 127.364 -0.188
202503 -0.129 129.181 -0.132
202506 -0.078 129.892 -0.079
202509 -0.486 130.287 -0.493
202512 -0.188 130.366 -0.191
202603 -0.061 132.262 -0.061

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 €0.04 mean?
Largo (FRA:LR8) has a E10 of €0.04 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Largo and its competitors.
Is Largo's E10 too high?
Largo's current E10 is €0.04. Overall, Largo has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Largo's E10 compare to competitors?
Largo's E10 of €0.04 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good E10 depends on the Metals & Mining 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 Largo and its competitors. Largo's current E10 is €0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Largo stock overvalued right now?
Based on GuruFocus' analysis, Largo (FRA:LR8) is currently considered Possible Value Trap. The stock's GF Value™ is €0.99, compared to a current price of €0.55 — trading 44.3% below its estimated fair value. The current E10 is €0.04. Largo's overall GF Score™ is 61/100 with 6 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 Largo (FRA:LR8), the current E10 is €0.04 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 Largo (FRA:LR8) Overvalued in 2026?

Based on GuruFocus' analysis, Largo stock appears to be undervalued. The current stock price of €0.55 is trading 44.3% below its estimated GF Value™ of €0.99. GuruFocus considers Largo to be Possible Value Trap.

Key valuation signals for FRA:LR8:

  • E10: €0.04
  • GF Value™: €0.99 vs. price of €0.55 (44.3% below fair value)
  • GF Score™: 61/100 with 6 warning signs

No single metric tells the full story. See the FRA:LR8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Largo Business Description

Other Exchanges LGO:USALGO:Canada
Address 100 King Street West, Suite 1600, First Canadian Place, Toronto, ON, CAN, M5X 1G5
Largo Inc is committed to the production and supply of high-quality vanadium products. The company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, predominantly in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder. The company has operating segments: sales & trading, mine properties, which generates key revenue, corporate, exploration and evaluation properties, Clean Energy, and Largo Physical Vanadium.
61GF Score

Get the complete analysis for FRA:LR8

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

€0.55
Price
€0.99
GF Value