Polisan Holding AS (IST:POLHO) E10: ₺-0.15 (As of Mar. 2026)


IST:POLHO Polisan Holding AS IST:POLHO
53 GF Score
Price ₺20.60
GF Value ₺7.81
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Polisan Holding AS E10?

Polisan Holding AS IST:POLHO +0.29% 53 E10 is ₺-0.15 as of Mar. 2026. GuruFocus rates IST:POLHO with a GF Score™ of 53/100 and a GF Value™ of ₺7.81 (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.

Polisan Holding AS's adjusted earnings per share data for the three months ended in Mar. 2026 was ₺-0.443. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₺-0.15 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Polisan Holding AS's average E10 Growth Rate was -475.00% 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 Polisan Holding AS was 7.70% per year. The lowest was 7.70% per year. And the median was 7.70% per year.

As of today (2026-06-24), Polisan Holding AS's current stock price is ₺20.60. Polisan Holding AS's E10 for the quarter that ended in Mar. 2026 was ₺-0.15. Polisan Holding AS's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Polisan Holding AS was 1040.00. The lowest was 13.11. And the median was 22.48.


Polisan Holding AS  (IST:POLHO) 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 Polisan Holding AS was 1040.00. The lowest was 13.11. And the median was 22.48.


Be Aware

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


Polisan Holding AS E10 Related Terms


Polisan Holding AS E10 Historical Data

* Premium members only.

The historical data trend for Polisan Holding 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.

Polisan Holding AS E10 Chart

Polisan Holding 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 0.11 0.14 0.05 -0.10

Polisan Holding AS 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 0.04 0.03 0.02 -0.10 -0.15

IST:POLHO vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Polisan Holding 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.


Polisan Holding AS Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Polisan Holding AS's Shiller PE Ratio distribution charts can be found below:

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


IST:POLHO
53GF Score
Polisan Holding AS IST:POLHO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polisan Holding 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, Polisan Holding AS'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)
=-0.443/330.2130*330.2130
=-0.443

Current CPI (Mar. 2026) = 330.2130.

Polisan Holding AS Quarterly Data

per share eps CPI Adj_EPS
201606 0.009 241.018 0.012
201609 0.000 241.428 0.000
201612 0.115 241.432 0.157
201703 0.004 243.801 0.005
201706 0.006 244.955 0.008
201709 0.005 246.819 0.007
201712 0.011 246.524 0.015
201803 0.005 249.554 0.007
201806 0.006 251.989 0.008
201809 -0.005 252.439 -0.007
201812 0.001 251.233 0.001
201903 -0.005 254.202 -0.006
201906 0.007 256.143 0.009
201909 0.009 256.759 0.012
201912 0.006 256.974 0.008
202003 0.002 258.115 0.003
202006 0.006 257.797 0.008
202009 0.004 260.280 0.005
202012 0.021 260.474 0.027
202103 0.010 264.877 0.012
202106 0.011 271.696 0.013
202109 0.012 274.310 0.014
202112 0.041 278.802 0.049
202203 0.035 287.504 0.040
202206 0.049 296.311 0.055
202209 0.035 296.808 0.039
202212 0.459 296.797 0.511
202303 -0.015 301.836 -0.016
202306 -0.026 305.109 -0.028
202309 0.012 307.789 0.013
202312 0.321 306.746 0.346
202403 0.068 312.332 0.072
202406 -0.407 314.175 -0.428
202409 -0.236 315.301 -0.247
202412 -0.246 315.605 -0.257
202503 -0.106 319.799 -0.109
202506 -0.099 322.561 -0.101
202509 -0.047 324.800 -0.048
202512 -1.161 324.054 -1.183
202603 -0.443 330.213 -0.443

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 ₺-0.15 mean?
Polisan Holding AS (IST:POLHO) has a E10 of ₺-0.15 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Polisan Holding AS and its competitors.
Is Polisan Holding AS's E10 too high?
Polisan Holding AS's current E10 is ₺-0.15. Overall, Polisan Holding AS has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polisan Holding AS's E10 compare to LIN and SHW?
Polisan Holding AS's E10 of ₺-0.15 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Polisan Holding AS and its competitors. Polisan Holding AS's current E10 is ₺-0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polisan Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Polisan Holding AS (IST:POLHO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺7.81, compared to a current price of ₺20.60 — trading 163.8% above its estimated fair value. The current E10 is ₺-0.15. Polisan Holding AS's overall GF Score™ is 53/100 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 Polisan Holding AS (IST:POLHO), the current E10 is ₺-0.15 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 Polisan Holding AS (IST:POLHO) Overvalued in 2026?

Based on GuruFocus' analysis, Polisan Holding AS stock appears to be overvalued. The current stock price of ₺20.60 is trading 163.8% above its estimated GF Value™ of ₺7.81. GuruFocus considers Polisan Holding AS to be Significantly Overvalued.

Key valuation signals for IST:POLHO:

  • E10: ₺-0.15
  • GF Value™: ₺7.81 vs. price of ₺20.60 (163.8% above fair value)
  • GF Score™: 53/100 with 5 warning signs

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


Polisan Holding AS Business Description

Address Dilovasi Organize Sanayi Bolgesi 1, Kisim Liman Caddesi No: 7, Kocaeli, Dilovasi, TUR
Polisan Holding AS engages in the manufacture and distribution of decorative paints, chemicals, textile goods, and rendering port and storage services. It operates through the following segments: Chemical Products, Port, Services, and Real estate. Majority of the firm's revenue gets derived from Chemical Products segment. The company offers paints, varnishes, resins, and other surface coating and insulation materials; formaldehyde, formaldehyde resins, and construction chemicals, as well as polyethylene terephthalate granules and synthetic fibers; emulsion polymers used in paint, wood, textiles, carpeting, and glue industries.
53GF Score

Get the complete analysis for IST:POLHO

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

₺20.60
Price
₺7.81
GF Value