Q.Beyond AG (HAM:QBY0) E10: €-0.01 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:QBY0 Q.Beyond AG HAM:QBY0
68 GF Score
Price €3.44
GF Value €3.39
Valuation Fairly Valued
! 2 Warning Signs
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What is Q.Beyond AG E10?

Q.Beyond AG HAM:QBY0 +0.58% 68 E10 is €-0.01 as of Jun. 2026. GuruFocus rates HAM:QBY0 with a GF Score™ of 68/100 and a GF Value™ of €3.39 (Fairly Valued). The stock has 2 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.

Q.Beyond AG's adjusted earnings per share data for the three months ended in Jun. 2026 was €-0.041. 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 Jun. 2026.

During the past 3 years, the average E10 Growth Rate was 20.60% 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 Q.Beyond AG was 20.60% per year. The lowest was 6.30% per year. And the median was 18.60% per year.

As of today (2026-09-16), Q.Beyond AG's current stock price is €3.44. Q.Beyond AG's E10 for the quarter that ended in Jun. 2026 was €-0.01. Q.Beyond AG's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Q.Beyond AG was 72.82. The lowest was 10.11. And the median was 45.43.


Q.Beyond AG  (HAM:QBY0) 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 Q.Beyond AG was 72.82. The lowest was 10.11. And the median was 45.43.


Be Aware

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


Q.Beyond AG E10 Related Terms


Q.Beyond AG E10 Historical Data

* Premium members only.

The historical data trend for Q.Beyond AG'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.

Q.Beyond AG E10 Chart

Q.Beyond AG 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 0.17 -0.04 -0.23 -0.08 -0.01

Q.Beyond AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.06 -0.05 -0.01 -0.01 -0.01

HAM:QBY0 vs IBM, ACN, CTSH: E10 Comparison

For the Information Technology Services subindustry, Q.Beyond AG'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.


Q.Beyond AG Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Q.Beyond AG's Shiller PE Ratio distribution charts can be found below:

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


HAM:QBY0
68GF Score
Q.Beyond AG HAM:QBY0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Q.Beyond AG 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, Q.Beyond AG's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.0412/131.3638*131.3638
=-0.041

Current CPI (Jun. 2026) = 131.3638.

Q.Beyond AG Quarterly Data

per share eps CPI Adj_EPS
201609 -0.004 101.017 -0.005
201612 -1.000 101.217 -1.298
201703 0.050 101.417 0.065
201706 0.022 102.117 0.029
201709 0.050 102.717 0.064
201712 0.100 102.617 0.128
201803 0.050 102.917 0.064
201806 0.021 104.017 0.026
201809 0.015 104.718 0.019
201812 0.066 104.217 0.084
201903 -0.011 104.217 -0.014
201906 4.274 105.718 5.311
201909 -0.106 106.018 -0.131
201912 -1.193 105.818 -1.481
202003 -0.220 105.718 -0.274
202006 -0.205 106.618 -0.252
202009 -0.200 105.818 -0.248
202012 -0.176 105.518 -0.218
202103 -0.140 107.518 -0.171
202106 -0.137 108.486 -0.165
202109 0.830 109.435 0.996
202112 -0.163 110.384 -0.194
202203 -0.143 113.968 -0.164
202206 -0.129 115.760 -0.146
202209 -0.130 118.818 -0.144
202212 -0.940 119.345 -1.034
202303 -0.213 122.402 -0.229
202306 -0.122 123.140 -0.130
202309 -0.170 124.195 -0.179
202312 -0.196 123.773 -0.208
202403 -0.055 125.038 -0.058
202406 -0.040 125.882 -0.042
202409 -0.039 126.198 -0.040
202412 -0.064 127.041 -0.067
202503 -0.020 127.779 -0.020
202506 -0.008 128.412 -0.008
202509 0.020 129.255 0.020
202512 0.067 129.361 0.068
202603 -0.045 131.258 -0.045
202606 -0.041 131.364 -0.041

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?
Q.Beyond AG (HAM:QBY0) has a E10 of €-0.01 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Q.Beyond AG and its competitors.
Is Q.Beyond AG's E10 too high?
Q.Beyond AG's current E10 is €-0.01. Overall, Q.Beyond AG has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Q.Beyond AG's E10 compare to IBM and ACN?
Q.Beyond AG's E10 of €-0.01 can be compared against companies in the Software 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 Software company?
A good E10 depends on the Software 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 Q.Beyond AG and its competitors. Q.Beyond AG'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 Q.Beyond AG stock overvalued right now?
Based on GuruFocus' analysis, Q.Beyond AG (HAM:QBY0) is currently considered Fairly Valued. The stock's GF Value™ is €3.39, compared to a current price of €3.44 — trading 1.5% above its estimated fair value. The current E10 is €-0.01. Q.Beyond AG's overall GF Score™ is 68/100 with 2 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 Q.Beyond AG (HAM:QBY0), the current E10 is €-0.01 as of Jun. 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 Q.Beyond AG (HAM:QBY0) Overvalued in 2026?

Based on GuruFocus' analysis, Q.Beyond AG stock appears to be overvalued. The current stock price of €3.44 is trading 1.5% above its estimated GF Value™ of €3.39. GuruFocus considers Q.Beyond AG to be Fairly Valued.

Key valuation signals for HAM:QBY0:

  • E10: €-0.01
  • GF Value™: €3.39 vs. price of €3.44 (1.5% above fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the HAM:QBY0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Q.Beyond AG Business Description

Other Exchanges 0CHZ:UKQBY0:Germany
Address Richard-Byrd-Strasse 4, Cologne, DEU, 50829
Q.Beyond AG helps its customers find digital solutions for their business and then put them into practice. The company is into Cloud, SAP, and IoT. It focuses on a digital branch, tailored cloud, SAP S / 4HANA, and cybersecurity. The company's segments are into consulting and development services (the "Consulting" segment) and operating services (the "Managed Services" segment). The portfolio under Managed Services ranges from turnkey cloud modules to digital workplaces facilitating networked mobile work to individual IT outsourcing services. The Consulting segment comprises a variety of consulting and customised development services. The company generates the majority of its revenue from the Managed Services segment.
68GF Score

Get the complete analysis for HAM:QBY0

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

€3.44
Price
€3.39
GF Value