B&C Speakers SpA (MIL:BEC) E10: €0.93 (As of Mar. 2026)


MIL:BEC B&C Speakers SpA MIL:BEC
71 GF Score
Price €11.30
GF Value €16.94
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is B&C Speakers SpA E10?

B&C Speakers SpA MIL:BEC +0.44% 71 E10 is €0.93 as of Mar. 2026. GuruFocus rates MIL:BEC with a GF Score™ of 71/100 and a GF Value™ of €16.94 (Significantly Undervalued). 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.

B&C Speakers SpA's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.320. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.93 for the trailing ten years ended in Mar. 2026.

During the past 12 months, B&C Speakers SpA's average E10 Growth Rate was 3.30% per year. During the past 3 years, the average E10 Growth Rate was -0.70% per year. During the past 5 years, the average E10 Growth Rate was 1.90% 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 B&C Speakers SpA was 2.80% per year. The lowest was -4.20% per year. And the median was -0.70% per year.

As of today (2026-06-26), B&C Speakers SpA's current stock price is €11.30. B&C Speakers SpA's E10 for the quarter that ended in Mar. 2026 was €0.93. B&C Speakers SpA's Shiller PE Ratio of today is 12.15.

During the past 13 years, the highest Shiller PE Ratio of B&C Speakers SpA was 24.87. The lowest was 8.72. And the median was 15.05.


B&C Speakers SpA  (MIL:BEC) 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.

B&C Speakers SpA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=11.30/0.93
=12.15

* 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 B&C Speakers SpA was 24.87. The lowest was 8.72. And the median was 15.05.


Be Aware

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


B&C Speakers SpA E10 Related Terms


B&C Speakers SpA E10 Historical Data

* Premium members only.

The historical data trend for B&C Speakers SpA'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.

B&C Speakers SpA E10 Chart

B&C Speakers SpA 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 0.80 0.94 0.75 0.87 0.92

B&C Speakers SpA 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 0.90 0.90 0.93 0.92 0.93

MIL:BEC vs AAPL: E10 Comparison

For the Consumer Electronics subindustry, B&C Speakers SpA'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.


B&C Speakers SpA Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, B&C Speakers SpA's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where B&C Speakers SpA's Shiller PE Ratio falls into.


MIL:BEC
71GF Score
B&C Speakers SpA MIL:BEC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

B&C Speakers SpA 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, B&C Speakers SpA'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)
=0.32/122.6000*122.6000
=0.320

Current CPI (Mar. 2026) = 122.6000.

B&C Speakers SpA Quarterly Data

per share eps CPI Adj_EPS
201606 0.130 99.900 0.160
201609 0.140 100.100 0.171
201612 0.180 100.300 0.220
201703 0.140 101.000 0.170
201706 0.150 101.100 0.182
201709 0.140 101.200 0.170
201712 0.140 101.200 0.170
201803 0.150 101.800 0.181
201806 0.180 102.400 0.216
201809 0.190 102.600 0.227
201812 0.330 102.300 0.395
201903 0.210 102.800 0.250
201906 0.190 103.100 0.226
201909 0.240 102.900 0.286
201912 0.140 102.800 0.167
202003 0.040 102.900 0.048
202006 0.050 102.900 0.060
202009 0.070 102.300 0.084
202012 0.020 102.600 0.024
202103 0.050 103.700 0.059
202106 0.130 104.200 0.153
202109 0.140 104.900 0.164
202112 0.140 106.600 0.161
202203 0.200 110.400 0.222
202206 0.200 112.500 0.218
202209 0.324 114.200 0.348
202212 0.400 119.000 0.412
202303 0.370 118.800 0.382
202306 0.380 119.700 0.389
202309 0.320 120.300 0.326
202312 0.210 119.700 0.215
202403 0.300 120.200 0.306
202406 0.770 120.700 0.782
202409 0.370 121.200 0.374
202412 0.180 121.200 0.182
202503 0.340 122.500 0.340
202506 0.180 122.700 0.180
202509 0.330 123.100 0.329
202512 0.080 122.600 0.080
202603 0.320 122.600 0.320

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 €0.93 mean?
B&C Speakers SpA (MIL:BEC) has a E10 of €0.93 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on B&C Speakers SpA and its competitors.
Is B&C Speakers SpA's E10 too high?
B&C Speakers SpA's current E10 is €0.93. Overall, B&C Speakers SpA has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does B&C Speakers SpA's E10 compare to AAPL?
B&C Speakers SpA's E10 of €0.93 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 B&C Speakers SpA and its competitors. B&C Speakers SpA's current E10 is €0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B&C Speakers SpA stock overvalued right now?
Based on GuruFocus' analysis, B&C Speakers SpA (MIL:BEC) is currently considered Significantly Undervalued. The stock's GF Value™ is €16.94, compared to a current price of €11.30 — trading 33.3% below its estimated fair value. The current E10 is €0.93. B&C Speakers SpA's overall GF Score™ is 71/100 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 B&C Speakers SpA (MIL:BEC), the current E10 is €0.93 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 B&C Speakers SpA (MIL:BEC) Overvalued in 2026?

Based on GuruFocus' analysis, B&C Speakers SpA stock appears to be undervalued. The current stock price of €11.30 is trading 33.3% below its estimated GF Value™ of €16.94. GuruFocus considers B&C Speakers SpA to be Significantly Undervalued.

Key valuation signals for MIL:BEC:

  • E10: €0.93
  • GF Value™: €16.94 vs. price of €11.30 (33.3% below fair value)
  • GF Score™: 71/100 with 2 warning signs

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


B&C Speakers SpA Business Description

Other Exchanges 37B:Germany
Address Via Poggiomoro 1, Localita Vallina, Bagno a Ripoli, Florence, ITA, 50012
B&C Speakers SpA is an Italy-based company engaged in the production and marketing of professional loudspeakers. Its speaker product offerings span across different categories, including high-frequency drivers, low-frequency drivers, tweeters, coaxials, and horn drivers. The company operates its business in a single sector, acoustic transducers. Geographically, it derives maximum revenue from Europe (excluding Italy), followed by the Asia-Pacific region, Italy, North America, Latin America, and the Middle East and Africa.
71GF Score

Get the complete analysis for MIL:BEC

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

€11.30
Price
€16.94
GF Value