Draegerwerk AG KGaA (HAM:DRW8) E10: €4.99 (As of Mar. 2026)


HAM:DRW8 Draegerwerk AG & Co KGaA HAM:DRW8
75 GF Score
Price €70.20
GF Value €47.88
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Draegerwerk AG KGaA E10?

Draegerwerk AG KGaA HAM:DRW8 75 E10 is €4.99 as of Mar. 2026. GuruFocus rates HAM:DRW8 with a GF Score™ of 75/100 and a GF Value™ of €47.88 (Significantly Overvalued). 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.

Draegerwerk AG KGaA's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.600. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.99 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Draegerwerk AG KGaA's average E10 Growth Rate was 20.10% per year. During the past 3 years, the average E10 Growth Rate was 4.50% per year. During the past 5 years, the average E10 Growth Rate was -2.20% 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.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Draegerwerk AG KGaA was 4.50% per year. The lowest was -6.40% per year. And the median was -1.95% per year.

As of today (2026-06-29), Draegerwerk AG KGaA's current stock price is €70.20. Draegerwerk AG KGaA's E10 for the quarter that ended in Mar. 2026 was €4.99. Draegerwerk AG KGaA's Shiller PE Ratio of today is 14.07.

During the past 13 years, the highest Shiller PE Ratio of Draegerwerk AG KGaA was 15.98. The lowest was 7.01. And the median was 10.96.


Draegerwerk AG KGaA  (HAM:DRW8) 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.

Draegerwerk AG KGaA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=70.20/4.99
=14.07

* 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 Draegerwerk AG KGaA was 15.98. The lowest was 7.01. And the median was 10.96.


Be Aware

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


Draegerwerk AG KGaA E10 Related Terms


Draegerwerk AG KGaA E10 Historical Data

* Premium members only.

The historical data trend for Draegerwerk AG KGaA'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.

Draegerwerk AG KGaA E10 Chart

Draegerwerk AG KGaA 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 5.01 4.14 3.95 4.10 4.81

Draegerwerk AG KGaA 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 4.13 4.12 4.44 4.81 4.99

HAM:DRW8 vs ABT, SYK, MDT: E10 Comparison

For the Medical Devices subindustry, Draegerwerk AG KGaA'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.


Draegerwerk AG KGaA Shiller PE Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Draegerwerk AG KGaA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Draegerwerk AG KGaA's Shiller PE Ratio falls into.


HAM:DRW8
75GF Score
Draegerwerk AG & Co KGaA HAM:DRW8
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Draegerwerk AG KGaA 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, Draegerwerk AG KGaA'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)
=0.6/131.2583*131.2583
=0.600

Current CPI (Mar. 2026) = 131.2583.

Draegerwerk AG KGaA Quarterly Data

per share eps CPI Adj_EPS
201606 0.690 100.717 0.899
201609 0.570 101.017 0.741
201612 2.749 101.217 3.565
201703 -0.060 101.417 -0.078
201706 0.390 102.117 0.501
201709 0.680 102.717 0.869
201712 2.773 102.617 3.547
201803 -1.620 102.917 -2.066
201806 0.005 104.017 0.006
201809 -0.280 104.718 -0.351
201812 3.270 104.217 4.118
201903 -0.590 104.217 -0.743
201906 -0.260 105.718 -0.323
201909 0.200 106.018 0.248
201912 1.980 105.818 2.456
202003 -0.380 105.718 -0.472
202006 2.590 106.618 3.189
202009 3.320 105.818 4.118
202012 2.841 105.518 3.534
202103 3.820 107.518 4.663
202106 2.650 108.486 3.206
202109 1.430 109.435 1.715
202112 -0.780 110.384 -0.928
202203 -1.440 113.968 -1.658
202206 -2.720 115.760 -3.084
202209 -1.880 118.818 -2.077
202212 2.570 119.345 2.827
202303 0.900 122.402 0.965
202306 0.570 123.140 0.608
202309 0.930 124.195 0.983
202312 3.460 123.773 3.669
202403 0.370 125.038 0.388
202406 1.420 125.882 1.481
202409 0.770 126.198 0.801
202412 4.050 127.041 4.184
202503 -0.120 127.779 -0.123
202506 0.600 128.412 0.613
202509 1.900 129.255 1.929
202512 5.050 129.361 5.124
202603 0.600 131.258 0.600

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 €4.99 mean?
Draegerwerk AG KGaA (HAM:DRW8) has a E10 of €4.99 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Draegerwerk AG KGaA and its competitors.
Is Draegerwerk AG KGaA's E10 too high?
Draegerwerk AG KGaA's current E10 is €4.99. Overall, Draegerwerk AG KGaA has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Draegerwerk AG KGaA's E10 compare to ABT and SYK?
Draegerwerk AG KGaA's E10 of €4.99 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good E10 depends on the Medical Devices & Instruments 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 Draegerwerk AG KGaA and its competitors. Draegerwerk AG KGaA's current E10 is €4.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Draegerwerk AG KGaA stock overvalued right now?
Based on GuruFocus' analysis, Draegerwerk AG KGaA (HAM:DRW8) is currently considered Significantly Overvalued. The stock's GF Value™ is €47.88, compared to a current price of €70.20 — trading 46.6% above its estimated fair value. The current E10 is €4.99. Draegerwerk AG KGaA's overall GF Score™ is 75/100 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 Draegerwerk AG KGaA (HAM:DRW8), the current E10 is €4.99 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 Draegerwerk AG KGaA (HAM:DRW8) Overvalued in 2026?

Based on GuruFocus' analysis, Draegerwerk AG KGaA stock appears to be overvalued. The current stock price of €70.20 is trading 46.6% above its estimated GF Value™ of €47.88. GuruFocus considers Draegerwerk AG KGaA to be Significantly Overvalued.

Key valuation signals for HAM:DRW8:

  • E10: €4.99
  • GF Value™: €47.88 vs. price of €70.20 (46.6% above fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the HAM:DRW8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Draegerwerk AG KGaA Business Description

Address Moislinger Allee 53 - 55, Lubeck, DEU, 23542
Draegerwerk AG & Co KGaA develops medical and safety equipment for clinical and industrial applications. The firm operates in two segments: medical and safety. The medical division contributes the majority of revenue, it develops and produces system solutions, equipment, and services for the acute point of care, it has five business units Therapy, Hospital Consumables & Accessories, Workplace Infrastructure, Monitoring, and Data Business. Its safety division develops and produces devices, system solutions, and services for personal protection, gas detection, and integrated hazard management. Its geographical segments are Europe; Germany; the Americas; Africa, Asia, and Australia.
75GF Score

Get the complete analysis for HAM:DRW8

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

€70.20
Price
€47.88
GF Value