Bursa De Valori Bucuresti (FRA:N0N) E10: €0.00 (As of Mar. 2026)

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FRA:N0N Bursa De Valori Bucuresti SA FRA:N0N
72 GF Score
Price €16.60
GF Value €9.42
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Bursa De Valori Bucuresti E10?

Bursa De Valori Bucuresti FRA:N0N -2.35% 72 E10 is €0.00 as of Mar. 2026. GuruFocus rates FRA:N0N with a GF Score™ of 72/100 and a GF Value™ of €9.42 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Note: As E10 is a main component used to calculate Shiller PE Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation sectione below is only for demostration purpose.

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.

Bursa De Valori Bucuresti's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.159. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Bursa De Valori Bucuresti's average E10 Growth Rate was 14.20% 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.

As of today (2026-08-09), Bursa De Valori Bucuresti's current stock price is €16.60. Bursa De Valori Bucuresti's E10 for the quarter that ended in Mar. 2026 was €0.00. Bursa De Valori Bucuresti's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Bursa De Valori Bucuresti was 61.38. The lowest was 25.68. And the median was 33.22.


Bursa De Valori Bucuresti  (FRA:N0N) 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 Bursa De Valori Bucuresti was 61.38. The lowest was 25.68. And the median was 33.22.


Be Aware

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


Bursa De Valori Bucuresti E10 Related Terms


Bursa De Valori Bucuresti E10 Historical Data

* Premium members only.

The historical data trend for Bursa De Valori Bucuresti'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.

Bursa De Valori Bucuresti E10 Chart

Bursa De Valori Bucuresti 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

Bursa De Valori Bucuresti 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 0.00

FRA:N0N vs SPGI, CME, ICE: E10 Comparison

For the Financial Data & Stock Exchanges subindustry, Bursa De Valori Bucuresti'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.


Bursa De Valori Bucuresti Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bursa De Valori Bucuresti's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Bursa De Valori Bucuresti's Shiller PE Ratio falls into.


FRA:N0N
72GF Score
Bursa De Valori Bucuresti SA FRA:N0N
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bursa De Valori Bucuresti 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, Bursa De Valori Bucuresti'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)
=0.159/330.2130*330.2130
=0.159

Current CPI (Mar. 2026) = 330.2130.

Bursa De Valori Bucuresti Quarterly Data

per share eps CPI Adj_EPS
201606 0.036 241.018 0.049
201609 0.051 241.428 0.070
201612 0.065 241.432 0.089
201703 0.057 243.801 0.077
201706 0.040 244.955 0.054
201709 0.044 246.819 0.059
201712 0.142 246.524 0.190
201803 0.077 249.554 0.102
201806 0.054 251.989 0.071
201809 0.022 252.439 0.029
201812 0.036 251.233 0.047
201903 0.051 254.202 0.066
201906 0.019 256.143 0.024
201909 0.053 256.759 0.068
201912 0.002 256.974 0.003
202003 0.079 258.115 0.101
202006 0.006 257.797 0.008
202009 0.069 260.280 0.088
202012 -0.017 260.474 -0.022
202103 0.042 264.877 0.052
202106 0.015 271.696 0.018
202109 0.030 274.310 0.036
202112 0.039 278.802 0.046
202203 0.101 287.504 0.116
202206 0.065 296.311 0.072
202209 0.036 296.808 0.040
202212 0.002 296.797 0.002
202303 0.035 301.836 0.038
202306 0.028 305.109 0.030
202309 0.366 307.789 0.393
202312 0.092 306.746 0.099
202403 0.063 312.332 0.067
202406 0.112 314.175 0.118
202409 0.048 315.301 0.050
202412 0.051 315.605 0.053
202503 0.000 319.799 0.000
202506 0.054 322.561 0.055
202509 0.105 324.800 0.107
202512 0.074 324.054 0.075
202603 0.159 330.213 0.159

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 €0.00 mean?
Bursa De Valori Bucuresti (FRA:N0N) has a E10 of €0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Bursa De Valori Bucuresti and its competitors.
Is Bursa De Valori Bucuresti's E10 too high?
Bursa De Valori Bucuresti's current E10 is €0.00. Overall, Bursa De Valori Bucuresti has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bursa De Valori Bucuresti's E10 compare to SPGI and CME?
Bursa De Valori Bucuresti's E10 of €0.00 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 Bursa De Valori Bucuresti and its competitors. Bursa De Valori Bucuresti's current E10 is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bursa De Valori Bucuresti stock overvalued right now?
Based on GuruFocus' analysis, Bursa De Valori Bucuresti (FRA:N0N) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.42, compared to a current price of €16.60 — trading 76.2% above its estimated fair value. The current E10 is €0.00. Bursa De Valori Bucuresti's overall GF Score™ is 72/100 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 Bursa De Valori Bucuresti (FRA:N0N), the current E10 is €0.00 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 Bursa De Valori Bucuresti (FRA:N0N) Overvalued in 2026?

Based on GuruFocus' analysis, Bursa De Valori Bucuresti stock appears to be overvalued. The current stock price of €16.60 is trading 76.2% above its estimated GF Value™ of €9.42. GuruFocus considers Bursa De Valori Bucuresti to be Significantly Overvalued.

Key valuation signals for FRA:N0N:

  • E10: €0.00
  • GF Value™: €9.42 vs. price of €16.60 (76.2% above fair value)
  • GF Score™: 72/100 with 5 warning signs

No single metric tells the full story. See the FRA:N0N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bursa De Valori Bucuresti Business Description

Other Exchanges BVB:Romania
Address 4-8 Nicolae Titulescu Avenue, 1st Floor, East Wing, America House Building, District 1, Bucharest, ROU, 011141
Bursa De Valori Bucuresti SA is engaged in the management and operation of financial markets. The company operates through four business segments, including Capital Markets, Post-trading Services, Registry Services, and CCP.RO Services. The Capital Markets segment involves trading in securities and financial instruments on regulated markets. Post-trading Services include services provided after the completion of transactions until funds are received and securities are transferred to portfolios. Registry Services involve maintaining and updating shareholder registers for listed companies. CCP.RO Services relate to the implementation and operation of central counterparty activities. The majority of the company's revenue is generated from Capital Markets trading services.
72GF Score

Get the complete analysis for FRA:N0N

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

€16.60
Price
€9.42
GF Value