Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) E10: ₺0.61 (As of Mar. 2026)


IST:VESBE Vestel Beyaz Esa Ticaret Sanayi AS IST:VESBE
64 GF Score
Price ₺7.40
GF Value ₺11.09
Valuation Possible Value Trap
! 9 Warning Signs
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What is Vestel Beyaz Esa Ticaretnayi AS E10?

Vestel Beyaz Esa Ticaretnayi AS IST:VESBE +9.96% 64 E10 is ₺0.61 as of Mar. 2026. GuruFocus rates IST:VESBE with a GF Score™ of 64/100 and a GF Value™ of ₺11.09 (Possible Value Trap). The stock has 9 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.

Vestel Beyaz Esa Ticaretnayi AS's adjusted earnings per share data for the three months ended in Mar. 2026 was ₺-0.850. 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 12 months, Vestel Beyaz Esa Ticaretnayi AS's average E10 Growth Rate was -40.20% per year. During the past 3 years, the average E10 Growth Rate was 2.00% per year. During the past 5 years, the average E10 Growth Rate was 24.20% 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 Vestel Beyaz Esa Ticaretnayi AS was 71.90% per year. The lowest was 2.00% per year. And the median was 53.60% per year.

As of today (2026-06-30), Vestel Beyaz Esa Ticaretnayi AS's current stock price is ₺7.40. Vestel Beyaz Esa Ticaretnayi AS's E10 for the quarter that ended in Mar. 2026 was ₺0.61. Vestel Beyaz Esa Ticaretnayi AS's Shiller PE Ratio of today is 12.13.

During the past 13 years, the highest Shiller PE Ratio of Vestel Beyaz Esa Ticaretnayi AS was 28.57. The lowest was 8.56. And the median was 14.66.


Vestel Beyaz Esa Ticaretnayi AS  (IST:VESBE) 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.

Vestel Beyaz Esa Ticaretnayi AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=7.40/0.61
=12.13

* 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 Vestel Beyaz Esa Ticaretnayi AS was 28.57. The lowest was 8.56. And the median was 14.66.


Be Aware

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


Vestel Beyaz Esa Ticaretnayi AS E10 Related Terms


Vestel Beyaz Esa Ticaretnayi AS E10 Historical Data

* Premium members only.

The historical data trend for Vestel Beyaz Esa Ticaretnayi 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.

Vestel Beyaz Esa Ticaretnayi AS E10 Chart

Vestel Beyaz Esa Ticaretnayi 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 0.61 0.65 1.05 1.12 0.69

Vestel Beyaz Esa Ticaretnayi 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 1.02 0.91 0.89 0.69 0.61

IST:VESBE vs SN, SGI, MHK: E10 Comparison

For the Furnishings, Fixtures & Appliances subindustry, Vestel Beyaz Esa Ticaretnayi 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.


Vestel Beyaz Esa Ticaretnayi AS Shiller PE Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Vestel Beyaz Esa Ticaretnayi AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Vestel Beyaz Esa Ticaretnayi AS's Shiller PE Ratio falls into.


IST:VESBE
64GF Score
Vestel Beyaz Esa Ticaret Sanayi AS IST:VESBE
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vestel Beyaz Esa Ticaretnayi 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, Vestel Beyaz Esa Ticaretnayi 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)
=-0.85/330.2130*330.2130
=-0.850

Current CPI (Mar. 2026) = 330.2130.

Vestel Beyaz Esa Ticaretnayi AS Quarterly Data

per share eps CPI Adj_EPS
201606 0.081 241.018 0.111
201609 0.056 241.428 0.077
201612 0.025 241.432 0.034
201703 0.045 243.801 0.061
201706 0.042 244.955 0.057
201709 0.044 246.819 0.059
201712 0.053 246.524 0.071
201803 0.052 249.554 0.069
201806 0.083 251.989 0.109
201809 0.153 252.439 0.200
201812 0.099 251.233 0.130
201903 0.052 254.202 0.068
201906 0.146 256.143 0.188
201909 0.080 256.759 0.103
201912 0.077 256.974 0.099
202003 0.084 258.115 0.107
202006 0.134 257.797 0.172
202009 0.224 260.280 0.284
202012 0.388 260.474 0.492
202103 0.190 264.877 0.237
202106 2.720 271.696 3.306
202109 0.170 274.310 0.205
202112 0.258 278.802 0.306
202203 0.360 287.504 0.413
202206 0.430 296.311 0.479
202209 0.110 296.808 0.122
202212 -0.770 296.797 -0.857
202303 0.700 301.836 0.766
202306 0.040 305.109 0.043
202309 1.960 307.789 2.103
202312 1.050 306.746 1.130
202403 0.530 312.332 0.560
202406 0.000 314.175 0.000
202409 -0.350 315.301 -0.367
202412 -0.041 315.605 -0.043
202503 -0.830 319.799 -0.857
202506 -1.120 322.561 -1.147
202509 -0.150 324.800 -0.152
202512 -1.872 324.054 -1.908
202603 -0.850 330.213 -0.850

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?
Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) 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 Vestel Beyaz Esa Ticaretnayi AS and its competitors.
Is Vestel Beyaz Esa Ticaretnayi AS's E10 too high?
Vestel Beyaz Esa Ticaretnayi AS's current E10 is ₺0.61. Overall, Vestel Beyaz Esa Ticaretnayi AS has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Vestel Beyaz Esa Ticaretnayi AS's E10 compare to SN and SGI?
Vestel Beyaz Esa Ticaretnayi AS's E10 of ₺0.61 can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good E10 depends on the Furnishings, Fixtures & Appliances 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 Vestel Beyaz Esa Ticaretnayi AS and its competitors. Vestel Beyaz Esa Ticaretnayi AS'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 Vestel Beyaz Esa Ticaretnayi AS stock overvalued right now?
Based on GuruFocus' analysis, Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) is currently considered Possible Value Trap. The stock's GF Value™ is ₺11.09, compared to a current price of ₺7.40 — trading 33.3% below its estimated fair value. The current E10 is ₺0.61. Vestel Beyaz Esa Ticaretnayi AS's overall GF Score™ is 64/100 with 9 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 Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE), 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 Vestel Beyaz Esa Ticaretnayi AS (IST:VESBE) Overvalued in 2026?

Based on GuruFocus' analysis, Vestel Beyaz Esa Ticaretnayi AS stock appears to be undervalued. The current stock price of ₺7.40 is trading 33.3% below its estimated GF Value™ of ₺11.09. GuruFocus considers Vestel Beyaz Esa Ticaretnayi AS to be Possible Value Trap.

Key valuation signals for IST:VESBE:

  • E10: ₺0.61
  • GF Value™: ₺11.09 vs. price of ₺7.40 (33.3% below fair value)
  • GF Score™: 64/100 with 9 warning signs

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


Vestel Beyaz Esa Ticaretnayi AS Business Description

Address Buyukdere Cad. No: 199, Levent 199, Sisli, Istanbul, TUR, 34394
Vestel Beyaz Esa Ticaret Sanayi AS produces refrigerators, room air conditioning units, washing machines, cookers, dishwashers and water heaters. The company operates in single segment and its geographical operations are spread across Turkey, Europe and Other countries with the majority of the revenue generating from Europe.
64GF Score

Get the complete analysis for IST:VESBE

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

₺7.40
Price
₺11.09
GF Value