Diana Shipping (HAM:DSZ) E10: €-0.61 (As of Mar. 2026)


HAM:DSZ Diana Shipping Inc HAM:DSZ
67 GF Score
Price €1.79
GF Value €1.89
Valuation Fairly Valued
! 4 Warning Signs
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What is Diana Shipping E10?

Diana Shipping HAM:DSZ +0.79% 67 E10 is €-0.61 as of Mar. 2026. GuruFocus rates HAM:DSZ with a GF Score™ of 67/100 and a GF Value™ of €1.89 (Fairly Valued). The stock has 4 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.

Diana Shipping's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.216. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.61 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 4.80% per year. During the past 5 years, the average E10 Growth Rate was 0.80% 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 Diana Shipping was 4.80% per year. The lowest was -246.20% per year. And the median was -21.80% per year.

As of today (2026-06-29), Diana Shipping's current stock price is €1.79. Diana Shipping's E10 for the quarter that ended in Mar. 2026 was €-0.61. Diana Shipping's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Diana Shipping was 8.70. The lowest was 2.26. And the median was 5.38.


Diana Shipping  (HAM:DSZ) 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 Diana Shipping was 8.70. The lowest was 2.26. And the median was 5.38.


Be Aware

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


Diana Shipping E10 Related Terms


Diana Shipping E10 Historical Data

* Premium members only.

The historical data trend for Diana Shipping'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.

Diana Shipping E10 Chart

Diana Shipping 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 -0.81 -0.87 -0.80 -0.81 -0.69

Diana Shipping 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 -0.82 -0.74 -0.73 -0.69 -0.61

HAM:DSZ vs GASS, SMHI, SHIP: E10 Comparison

For the Marine Shipping subindustry, Diana Shipping'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.


Diana Shipping Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Diana Shipping's Shiller PE Ratio distribution charts can be found below:

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


HAM:DSZ
67GF Score
Diana Shipping Inc HAM:DSZ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Diana Shipping 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, Diana Shipping'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)
=0.216/122.4494*122.4494
=0.216

Current CPI (Mar. 2026) = 122.4494.

Diana Shipping Quarterly Data

per share eps CPI Adj_EPS
201606 -0.365 100.121 -0.446
201609 -0.882 99.878 -1.081
201612 -0.294 100.110 -0.360
201703 -0.318 100.770 -0.386
201706 -0.231 101.138 -0.280
201709 -0.210 100.882 -0.255
201712 -3.617 100.762 -4.395
201803 -0.032 100.534 -0.039
201806 0.004 102.121 0.005
201809 0.111 101.982 0.133
201812 0.009 101.330 0.011
201903 0.018 101.482 0.022
201906 -0.027 101.837 -0.032
201909 0.003 101.906 0.004
201912 -0.153 102.120 -0.183
202003 -1.095 101.479 -1.321
202006 -0.124 100.239 -0.151
202009 -0.144 99.886 -0.177
202012 -0.082 99.751 -0.101
202103 -0.025 99.817 -0.031
202106 0.017 101.270 0.021
202109 0.136 102.095 0.163
202112 0.425 104.853 0.496
202203 0.281 108.651 0.317
202206 0.397 113.517 0.428
202209 0.374 114.371 0.400
202212 0.255 112.428 0.278
202303 0.205 113.620 0.221
202306 0.083 115.515 0.088
202309 0.056 116.234 0.059
202312 0.055 116.364 0.058
202403 0.009 117.285 0.009
202406 -0.037 118.129 -0.038
202409 0.017 119.650 0.017
202412 0.019 119.360 0.019
202503 0.009 120.133 0.009
202506 0.026 121.399 0.026
202509 0.043 121.946 0.043
202512 0.017 122.449 0.017
202603 0.216 122.449 0.216

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 €-0.61 mean?
Diana Shipping (HAM:DSZ) has a E10 of €-0.61 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Diana Shipping and its competitors.
Is Diana Shipping's E10 too high?
Diana Shipping's current E10 is €-0.61. Overall, Diana Shipping has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Diana Shipping's E10 compare to GASS and SMHI?
Diana Shipping's E10 of €-0.61 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Diana Shipping and its competitors. Diana Shipping's current E10 is €-0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diana Shipping stock overvalued right now?
Based on GuruFocus' analysis, Diana Shipping (HAM:DSZ) is currently considered Fairly Valued. The stock's GF Value™ is €1.89, compared to a current price of €1.79 — trading 5.3% below its estimated fair value. The current E10 is €-0.61. Diana Shipping's overall GF Score™ is 67/100 with 4 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 Diana Shipping (HAM:DSZ), the current E10 is €-0.61 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 Diana Shipping (HAM:DSZ) Overvalued in 2026?

Based on GuruFocus' analysis, Diana Shipping stock appears to be undervalued. The current stock price of €1.79 is trading 5.3% below its estimated GF Value™ of €1.89. GuruFocus considers Diana Shipping to be Fairly Valued.

Key valuation signals for HAM:DSZ:

  • E10: €-0.61
  • GF Value™: €1.89 vs. price of €1.79 (5.3% below fair value)
  • GF Score™: 67/100 with 4 warning signs

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


Diana Shipping Business Description

Address 175 64 Palaio Faliro, Pendelis 16, Athens, GRC, 175 64
Diana Shipping Inc provides shipping transportation services. The company, through its subsidiaries, operates a fleet of vessels consisting of dry bulk carriers such as Panamax, Kamsarmax, Post-Panamax, Capesize, and Newcastlemax vessels. Using this fleet, the firm provides transportation services for various goods, including coal, iron ore, and grains. It also transports minor bulks, including steel products, cement, and fertilizers, through its dry bulk carrier vessels. The operation of the vessels is the main source of revenue generation; the services provided by the vessels are similar, and all operate under the same economic environment.
67GF Score

Get the complete analysis for HAM:DSZ

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

€1.79
Price
€1.89
GF Value