Green Thumb Industries (FRA:R9U2) E10: €0.01 (As of Mar. 2026)


FRA:R9U2 Green Thumb Industries Inc FRA:R9U2
86 GF Score
Price €6.37
GF Value €6.69
Valuation Fairly Valued
! 6 Warning Signs
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What is Green Thumb Industries E10?

Green Thumb Industries FRA:R9U2 -1.39% 86 E10 is €0.01 as of Mar. 2026. GuruFocus rates FRA:R9U2 with a GF Score™ of 86/100 and a GF Value™ of €6.69 (Fairly Valued). 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.

Green Thumb Industries'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 €0.01 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 54.90% per year. During the past 5 years, the average E10 Growth Rate was 58.00% per year. During the past 10 years, the average E10 Growth Rate was 39.90% 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 Green Thumb Industries was 68.90% per year. The lowest was 2.90% per year. And the median was 28.40% per year.

As of today (2026-07-01), Green Thumb Industries's current stock price is €6.37. Green Thumb Industries's E10 for the quarter that ended in Mar. 2026 was €0.01. Green Thumb Industries's Shiller PE Ratio of today is 637.00.

During the past 13 years, the highest Shiller PE Ratio of Green Thumb Industries was 575.00. The lowest was 461.00. And the median was 537.00.


Green Thumb Industries  (FRA:R9U2) 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.

Green Thumb Industries's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=6.37/0.01
=637.00

* 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 Green Thumb Industries was 575.00. The lowest was 461.00. And the median was 537.00.


Be Aware

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


Green Thumb Industries E10 Related Terms


Green Thumb Industries E10 Historical Data

* Premium members only.

The historical data trend for Green Thumb Industries'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.

Green Thumb Industries E10 Chart

Green Thumb Industries Annual Data
Trend Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -40.64 -11.29 -7.74 -1.14 -0.90

Green Thumb Industries 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 -1.36 -1.16 -1.33 -0.90 0.01

FRA:R9U2 vs ZTS, UTHR: E10 Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Green Thumb Industries'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.


Green Thumb Industries Shiller PE Ratio vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Green Thumb Industries's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Green Thumb Industries's Shiller PE Ratio falls into.


FRA:R9U2
86GF Score
Green Thumb Industries Inc FRA:R9U2
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Green Thumb Industries 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, Green Thumb Industries'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)
=0.061/330.2130*330.2130
=0.061

Current CPI (Mar. 2026) = 330.2130.

Green Thumb Industries Quarterly Data

per share eps CPI Adj_EPS
201605 -0.243 240.229 -0.334
201608 -0.108 240.849 -0.148
201611 -0.811 241.353 -1.110
201702 -0.577 243.603 -0.782
201705 -0.554 244.733 -0.748
201708 -0.010 245.519 -0.013
201711 -0.467 246.669 -0.625
201802 5.480 248.991 7.268
201805 -3.553 251.588 -4.663
201809 -0.020 252.439 -0.026
201812 -0.008 251.233 -0.011
201903 -0.053 254.202 -0.069
201906 -0.097 256.143 -0.125
201909 -0.064 256.759 -0.082
201912 -0.063 256.974 -0.081
202003 -0.018 258.115 -0.023
202006 -0.053 257.797 -0.068
202009 0.034 260.280 0.043
202012 0.090 260.474 0.114
202103 0.042 264.877 0.052
202106 0.083 271.696 0.101
202109 0.068 274.310 0.082
202112 0.089 278.802 0.105
202203 0.109 287.504 0.125
202206 0.095 296.311 0.106
202209 0.040 296.808 0.045
202212 -0.208 296.797 -0.231
202303 0.037 301.836 0.040
202306 0.046 305.109 0.050
202309 0.047 307.789 0.050
202312 0.009 306.746 0.010
202403 0.120 312.332 0.127
202406 0.084 314.175 0.088
202409 0.036 315.301 0.038
202412 0.038 315.605 0.040
202503 0.037 319.799 0.038
202506 -0.009 322.561 -0.009
202509 0.085 324.800 0.086
202512 0.299 324.054 0.305
202603 0.061 330.213 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 €0.01 mean?
Green Thumb Industries (FRA:R9U2) has a E10 of €0.01 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Green Thumb Industries and its competitors.
Is Green Thumb Industries' E10 too high?
Green Thumb Industries' current E10 is €0.01. Overall, Green Thumb Industries has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Green Thumb Industries' E10 compare to ZTS and UTHR?
Green Thumb Industries' E10 of €0.01 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good E10 depends on the Drug Manufacturers 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 Green Thumb Industries and its competitors. Green Thumb Industries's current E10 is €0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Thumb Industries stock overvalued right now?
Based on GuruFocus' analysis, Green Thumb Industries (FRA:R9U2) is currently considered Fairly Valued. The stock's GF Value™ is €6.69, compared to a current price of €6.37 — trading 4.8% below its estimated fair value. The current E10 is €0.01. Green Thumb Industries' overall GF Score™ is 86/100 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 Green Thumb Industries (FRA:R9U2), the current E10 is €0.01 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 Green Thumb Industries (FRA:R9U2) Overvalued in 2026?

Based on GuruFocus' analysis, Green Thumb Industries stock appears to be undervalued. The current stock price of €6.37 is trading 4.8% below its estimated GF Value™ of €6.69. GuruFocus considers Green Thumb Industries to be Fairly Valued.

Key valuation signals for FRA:R9U2:

  • E10: €0.01
  • GF Value™: €6.69 vs. price of €6.37 (4.8% below fair value)
  • GF Score™: 86/100 with 6 warning signs

No single metric tells the full story. See the FRA:R9U2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Green Thumb Industries Business Description

Other Exchanges GTBIF:USAGTII:Canada
Address 325 West Huron Street, Suite 700, Chicago, IL, USA, 60654
Green Thumb Industries is headquartered in Chicago, Illinois, and produces and sells medicinal and recreational cannabis through wholesale and retail channels in the United States. It has a presence in 14 states and operates more than 100 cannabis stores under the brand Rise. GTI is focusing its expansion on limited-license states with large populations, and it does not currently export into the global medical market due to the USA federal prohibition. It offers multiple products under a portfolio of cannabis consumer packaged goods brands, including &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, Incredibles, and RYTHM.
86GF Score

Get the complete analysis for FRA:R9U2

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

€6.37
Price
€6.69
GF Value