Cembre SpA (MIL:CMB) E10: €1.96 (As of Mar. 2026)


MIL:CMB Cembre SpA MIL:CMB
83 GF Score
Price €89.10
GF Value €48.24
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Cembre SpA E10?

Cembre SpA MIL:CMB -1.76% 83 E10 is €1.96 as of Mar. 2026. GuruFocus rates MIL:CMB with a GF Score™ of 83/100 and a GF Value™ of €48.24 (Significantly Overvalued). The stock has 4 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.

Cembre SpA's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.833. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.96 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Cembre SpA's average E10 Growth Rate was 10.10% per year. During the past 3 years, the average E10 Growth Rate was 11.50% per year. During the past 5 years, the average E10 Growth Rate was 14.10% 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 Cembre SpA was 15.70% per year. The lowest was 8.60% per year. And the median was 12.25% per year.

As of today (2026-06-25), Cembre SpA's current stock price is €89.10. Cembre SpA's E10 for the quarter that ended in Mar. 2026 was €1.96. Cembre SpA's Shiller PE Ratio of today is 45.46.

During the past 13 years, the highest Shiller PE Ratio of Cembre SpA was 50.00. The lowest was 13.85. And the median was 24.16.


Cembre SpA  (MIL:CMB) 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.

Cembre SpA's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=89.10/1.96
=45.46

* 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 Cembre SpA was 50.00. The lowest was 13.85. And the median was 24.16.


Be Aware

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


Cembre SpA E10 Related Terms


Cembre SpA E10 Historical Data

* Premium members only.

The historical data trend for Cembre 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.

Cembre SpA E10 Chart

Cembre 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 1.12 1.37 1.55 1.72 1.90

Cembre 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 1.78 1.81 1.85 1.90 1.96

MIL:CMB vs VRT, BE, NVT: E10 Comparison

For the Electrical Equipment & Parts subindustry, Cembre 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.


Cembre SpA Shiller PE Ratio vs Industrial Products Industry

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

* The bar in red indicates where Cembre SpA's Shiller PE Ratio falls into.


MIL:CMB
83GF Score
Cembre SpA MIL:CMB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cembre 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, Cembre 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)
=0.833/122.6000*122.6000
=0.833

Current CPI (Mar. 2026) = 122.6000.

Cembre SpA Quarterly Data

per share eps CPI Adj_EPS
201606 0.267 99.900 0.328
201609 0.248 100.100 0.304
201612 0.249 100.300 0.304
201703 0.301 101.000 0.365
201706 0.300 101.100 0.364
201709 0.253 101.200 0.307
201712 0.497 101.200 0.602
201803 0.373 101.800 0.449
201806 0.327 102.400 0.392
201809 0.294 102.600 0.351
201812 0.367 102.300 0.440
201903 0.374 102.800 0.446
201906 0.366 103.100 0.435
201909 0.255 102.900 0.304
201912 0.302 102.800 0.360
202003 0.314 102.900 0.374
202006 0.140 102.900 0.167
202009 0.257 102.300 0.308
202012 0.423 102.600 0.505
202103 0.337 103.700 0.398
202106 0.538 104.200 0.633
202109 0.332 104.900 0.388
202112 0.305 106.600 0.351
202203 0.492 110.400 0.546
202206 0.593 112.500 0.646
202209 0.366 114.200 0.393
202212 0.452 119.000 0.466
202303 0.647 118.800 0.668
202306 0.776 119.700 0.795
202309 0.490 120.300 0.499
202312 0.519 119.700 0.532
202403 0.578 120.200 0.590
202406 0.661 120.700 0.671
202409 0.495 121.200 0.501
202412 0.800 121.200 0.809
202503 0.707 122.500 0.708
202506 0.638 122.700 0.637
202509 0.567 123.100 0.565
202512 0.862 122.600 0.862
202603 0.833 122.600 0.833

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 €1.96 mean?
Cembre SpA (MIL:CMB) has a E10 of €1.96 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Cembre SpA and its competitors.
Is Cembre SpA's E10 too high?
Cembre SpA's current E10 is €1.96. Overall, Cembre SpA has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cembre SpA's E10 compare to VRT and BE?
Cembre SpA's E10 of €1.96 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 Cembre SpA and its competitors. Cembre SpA's current E10 is €1.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cembre SpA stock overvalued right now?
Based on GuruFocus' analysis, Cembre SpA (MIL:CMB) is currently considered Significantly Overvalued. The stock's GF Value™ is €48.24, compared to a current price of €89.10 — trading 84.7% above its estimated fair value. The current E10 is €1.96. Cembre SpA's overall GF Score™ is 83/100 with 4 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 Cembre SpA (MIL:CMB), the current E10 is €1.96 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 Cembre SpA (MIL:CMB) Overvalued in 2026?

Based on GuruFocus' analysis, Cembre SpA stock appears to be overvalued. The current stock price of €89.10 is trading 84.7% above its estimated GF Value™ of €48.24. GuruFocus considers Cembre SpA to be Significantly Overvalued.

Key valuation signals for MIL:CMB:

  • E10: €1.96
  • GF Value™: €48.24 vs. price of €89.10 (84.7% above fair value)
  • GF Score™: 83/100 with 4 warning signs

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


Cembre SpA Business Description

Other Exchanges CMBm:UK0DXU:UKJ0L:Germany
Address Via Serenissima 9, Brescia, ITA, 25135
Cembre SpA specializes in the design, manufacture, and marketing of solutions for the connection and termination of electrical conductors, along with wiring tools. The Group mainly operates in the industrial, railway, and power & utilities markets, offering a comprehensive portfolio across six main categories: electrical connectors and cable accessories; hydraulic, mechanical, and pneumatic tools; cable glands and ducts; terminals and terminal blocks; industrial marking products; and railway-specific equipment. Its key product categories include cable lugs, tools, marking systems, cable glands and cable entry systems, and wiring accessories. The company operates in Italy, the rest of Europe (which generates the majority of its revenue), and the rest of the world.
83GF Score

Get the complete analysis for MIL:CMB

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

€89.10
Price
€48.24
GF Value