Cemas Dokumnayi AS (IST:CEMAS) E10: ₺-0.29 (As of Dec. 2025)


IST:CEMAS Cemas Dokum Sanayi AS IST:CEMAS
31 GF Score
Price ₺4.50
GF Value ₺2.72
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Cemas Dokumnayi AS E10?

Cemas Dokumnayi AS IST:CEMAS -4.05% 31 E10 is ₺-0.29 as of Dec. 2025. GuruFocus rates IST:CEMAS with a GF Score™ of 31/100 and a GF Value™ of ₺2.72 (Significantly Overvalued). The stock has 8 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.

Cemas Dokumnayi AS's adjusted earnings per share data for the three months ended in Dec. 2025 was ₺-1.065. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺-0.29 for the trailing ten years ended in Dec. 2025.

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 (2026-06-27), Cemas Dokumnayi AS's current stock price is ₺4.50. Cemas Dokumnayi AS's E10 for the quarter that ended in Dec. 2025 was ₺-0.29. Cemas Dokumnayi AS's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Cemas Dokumnayi AS was 195.60. The lowest was 18.83. And the median was 60.25.


Cemas Dokumnayi AS  (IST:CEMAS) 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 Cemas Dokumnayi AS was 195.60. The lowest was 18.83. And the median was 60.25.


Be Aware

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


Cemas Dokumnayi AS E10 Related Terms


Cemas Dokumnayi AS E10 Historical Data

* Premium members only.

The historical data trend for Cemas Dokumnayi AS'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.

Cemas Dokumnayi AS E10 Chart

Cemas Dokumnayi AS 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 0.04 0.00 -0.06 -0.13 -0.29

Cemas Dokumnayi AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -0.13 -0.15 -0.18 -0.19 -0.29

IST:CEMAS vs ATI, CRS, MLI: E10 Comparison

For the Metal Fabrication subindustry, Cemas Dokumnayi AS'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.


Cemas Dokumnayi AS Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cemas Dokumnayi AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Cemas Dokumnayi AS's Shiller PE Ratio falls into.


IST:CEMAS
31GF Score
Cemas Dokum Sanayi AS IST:CEMAS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cemas Dokumnayi AS 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, Cemas Dokumnayi AS's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-1.065/324.0540*324.0540
=-1.065

Current CPI (Dec. 2025) = 324.0540.

Cemas Dokumnayi AS Quarterly Data

per share eps CPI Adj_EPS
201603 -0.002 238.132 -0.003
201606 -0.010 241.018 -0.013
201609 -0.003 241.428 -0.004
201612 -0.054 241.432 -0.072
201703 -0.013 243.801 -0.017
201706 0.019 244.955 0.025
201709 -0.008 246.819 -0.011
201712 -0.095 246.524 -0.125
201803 -0.012 249.554 -0.016
201806 -0.024 251.989 -0.031
201809 -0.101 252.439 -0.130
201812 0.066 251.233 0.085
201903 0.034 254.202 0.043
201906 0.038 256.143 0.048
201909 0.020 256.759 0.025
201912 -0.142 256.974 -0.179
202003 0.009 258.115 0.011
202006 0.106 257.797 0.133
202009 0.181 260.280 0.225
202012 -0.084 260.474 -0.105
202103 0.112 264.877 0.137
202106 0.014 271.696 0.017
202109 0.032 274.310 0.038
202112 0.246 278.802 0.286
202203 0.139 287.504 0.157
202206 0.114 296.311 0.125
202209 0.055 296.808 0.060
202212 -0.571 296.797 -0.623
202303 -0.241 301.836 -0.259
202306 0.170 305.109 0.181
202309 -0.350 307.789 -0.368
202312 -0.102 306.746 -0.108
202403 -0.441 312.332 -0.458
202406 0.099 314.175 0.102
202409 -0.128 315.301 -0.132
202412 -0.287 315.605 -0.295
202503 -0.277 319.799 -0.281
202506 -0.156 322.561 -0.157
202509 -0.168 324.800 -0.168
202512 -1.065 324.054 -1.065

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 ₺-0.29 mean?
Cemas Dokumnayi AS (IST:CEMAS) has a E10 of ₺-0.29 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Cemas Dokumnayi AS and its competitors.
Is Cemas Dokumnayi AS's E10 too high?
Cemas Dokumnayi AS's current E10 is ₺-0.29. Overall, Cemas Dokumnayi AS has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cemas Dokumnayi AS's E10 compare to ATI and CRS?
Cemas Dokumnayi AS's E10 of ₺-0.29 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 Cemas Dokumnayi AS and its competitors. Cemas Dokumnayi AS's current E10 is ₺-0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cemas Dokumnayi AS stock overvalued right now?
Based on GuruFocus' analysis, Cemas Dokumnayi AS (IST:CEMAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺2.72, compared to a current price of ₺4.50 — trading 65.4% above its estimated fair value. The current E10 is ₺-0.29. Cemas Dokumnayi AS's overall GF Score™ is 31/100 with 8 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 Cemas Dokumnayi AS (IST:CEMAS), the current E10 is ₺-0.29 as of Dec. 2025. 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 Cemas Dokumnayi AS (IST:CEMAS) Overvalued in 2026?

Based on GuruFocus' analysis, Cemas Dokumnayi AS stock appears to be overvalued. The current stock price of ₺4.50 is trading 65.4% above its estimated GF Value™ of ₺2.72. GuruFocus considers Cemas Dokumnayi AS to be Significantly Overvalued.

Key valuation signals for IST:CEMAS:

  • E10: ₺-0.29
  • GF Value™: ₺2.72 vs. price of ₺4.50 (65.4% above fair value)
  • GF Score™: 31/100 with 8 warning signs

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


Cemas Dokumnayi AS Business Description

Address Ankara Asfalti 12. Km, Kirsehir, TUR, 40100
Cemas Dokum Sanayi AS is a Turkey-based company engages in the production of grey cast iron, nodular cast iron, and high chromium steel casting.
31GF Score

Get the complete analysis for IST:CEMAS

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

₺4.50
Price
₺2.72
GF Value