DeFi Technologies (NEOE:DEFI) E10: C$-0.09 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NEOE:DEFI DeFi Technologies Inc NEOE:DEFI
67 GF Score
Price C$0.76
GF Value C$1.20
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is DeFi Technologies E10?

DeFi Technologies NEOE:DEFI -10.59% 67 E10 is C$-0.09 as of Jun. 2026. GuruFocus rates NEOE:DEFI with a GF Score™ of 67/100 and a GF Value™ of C$1.20 (Possible Value Trap). The stock has 7 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.

DeFi Technologies's adjusted earnings per share data for the three months ended in Jun. 2026 was C$-0.054. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.09 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average E10 Growth Rate was 21.90% per year. During the past 5 years, the average E10 Growth Rate was 0.70% per year. During the past 10 years, the average E10 Growth Rate was 0.90% 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 DeFi Technologies was 21.90% per year. The lowest was -19.20% per year. And the median was 1.80% per year.

As of today (2026-09-16), DeFi Technologies's current stock price is C$0.76. DeFi Technologies's E10 for the quarter that ended in Jun. 2026 was C$-0.09. DeFi Technologies's Shiller PE Ratio of today is .


DeFi Technologies  (NEOE:DEFI) 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.


Be Aware

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


DeFi Technologies E10 Related Terms


DeFi Technologies E10 Historical Data

* Premium members only.

The historical data trend for DeFi Technologies'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.

DeFi Technologies E10 Chart

DeFi Technologies 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 -0.25 -0.27 -0.20 -0.23 -0.08

DeFi Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.22 -0.10 -0.09 -0.09 -0.09

NEOE:DEFI vs MS, GS, SCHW: E10 Comparison

For the Capital Markets subindustry, DeFi Technologies'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.


DeFi Technologies Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DeFi Technologies's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where DeFi Technologies's Shiller PE Ratio falls into.


NEOE:DEFI
67GF Score
DeFi Technologies Inc NEOE:DEFI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DeFi Technologies 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, DeFi Technologies's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.0537/133.5265*133.5265
=-0.054

Current CPI (Jun. 2026) = 133.5265.

DeFi Technologies Quarterly Data

per share eps CPI Adj_EPS
201609 0.050 101.765 0.066
201612 -0.030 101.449 -0.039
201703 -0.070 102.634 -0.091
201706 -0.002 103.029 -0.003
201709 0.080 103.345 0.103
201712 0.090 103.345 0.116
201803 -0.050 105.004 -0.064
201806 -0.070 105.557 -0.089
201809 -0.038 105.636 -0.048
201812 -0.078 105.399 -0.098
201903 -0.012 106.979 -0.015
201906 -0.016 107.690 -0.019
201909 -0.002 107.611 -0.003
201912 -0.007 107.769 -0.008
202003 -0.008 107.927 -0.010
202006 0.005 108.401 0.006
202009 0.047 108.164 0.058
202012 -0.010 108.559 -0.012
202103 -0.045 110.298 -0.054
202106 -0.060 111.720 -0.072
202109 -0.012 112.905 -0.014
202112 -0.237 113.774 -0.278
202203 -0.059 117.646 -0.067
202206 -0.086 120.806 -0.095
202209 -0.028 120.648 -0.031
202212 -0.073 120.964 -0.080
202303 -0.075 122.702 -0.082
202306 -0.003 124.203 -0.003
202309 -0.013 125.230 -0.014
202312 -0.015 125.072 -0.016
202403 -0.064 126.258 -0.067
202406 0.272 127.522 0.284
202409 0.059 127.285 0.062
202412 -0.424 127.364 -0.445
202503 0.117 129.181 0.121
202506 -0.005 129.892 -0.006
202509 0.015 130.287 0.015
202512 0.108 130.366 0.110
202603 0.017 132.262 0.017
202606 -0.054 133.527 -0.054

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 C$-0.09 mean?
DeFi Technologies (NEOE:DEFI) has a E10 of C$-0.09 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on DeFi Technologies and its competitors.
Is DeFi Technologies' E10 too high?
DeFi Technologies' current E10 is C$-0.09. Overall, DeFi Technologies has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DeFi Technologies' E10 compare to MS and GS?
DeFi Technologies' E10 of C$-0.09 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 DeFi Technologies and its competitors. DeFi Technologies's current E10 is C$-0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DeFi Technologies stock overvalued right now?
Based on GuruFocus' analysis, DeFi Technologies (NEOE:DEFI) is currently considered Possible Value Trap. The stock's GF Value™ is C$1.20, compared to a current price of C$0.76 — trading 36.7% below its estimated fair value. The current E10 is C$-0.09. DeFi Technologies' overall GF Score™ is 67/100 with 7 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 DeFi Technologies (NEOE:DEFI), the current E10 is C$-0.09 as of Jun. 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 DeFi Technologies (NEOE:DEFI) Overvalued in 2026?

Based on GuruFocus' analysis, DeFi Technologies stock appears to be undervalued. The current stock price of C$0.76 is trading 36.7% below its estimated GF Value™ of C$1.20. GuruFocus considers DeFi Technologies to be Possible Value Trap.

Key valuation signals for NEOE:DEFI:

  • E10: C$-0.09
  • GF Value™: C$1.20 vs. price of C$0.76 (36.7% below fair value)
  • GF Score™: 67/100 with 7 warning signs

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


DeFi Technologies Business Description

Other Exchanges DEFT:USAR9B:Germany
Address 333 Bay Street, Suite 2400, Toronto, ON, CAN, M5H 2T6
DeFi Technologies Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies and protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets, providing premium membership for research reports to investors and offering node management of decentralized protocols to support governance, security and transaction validation.
67GF Score

Get the complete analysis for NEOE:DEFI

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

C$0.76
Price
C$1.20
GF Value