IPAS Indexo (ORSE:IDX1R) E10: €0.00 (As of Mar. 2026)


ORSE:IDX1R IPAS Indexo ORSE:IDX1R
67 GF Score
Price €8.72
GF Value €15.13
Valuation Possible Value Trap
! 8 Warning Signs
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What is IPAS Indexo E10?

IPAS Indexo ORSE:IDX1R +0.69% 67 E10 is €0.00 as of Mar. 2026. GuruFocus rates ORSE:IDX1R with a GF Score™ of 67/100 and a GF Value™ of €15.13 (Possible Value Trap). The stock has 8 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.

IPAS Indexo's adjusted earnings per share data for the fiscal year that ended in Dec. 2025 was €-1.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Dec. 2025.

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.

As of today (2026-07-03), IPAS Indexo's current stock price is € 8.72. IPAS Indexo's E10 for the fiscal year that ended in Dec. 2025 was €0.00. IPAS Indexo's Shiller PE Ratio of today is .


IPAS Indexo  (ORSE:IDX1R) 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.


IPAS Indexo E10 Related Terms


IPAS Indexo E10 Historical Data

* Premium members only.

The historical data trend for IPAS Indexo'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.

IPAS Indexo E10 Chart

IPAS Indexo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

IPAS Indexo Quarterly Data
Dec20 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 0.00 0.00 0.00 0.00 0.00

ORSE:IDX1R vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, IPAS Indexo'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.


IPAS Indexo Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, IPAS Indexo's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IPAS Indexo's Shiller PE Ratio falls into.


ORSE:IDX1R
67GF Score
IPAS Indexo ORSE:IDX1R
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IPAS Indexo 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, IPAS Indexo's adjusted earnings per share data for the fiscal year that ended in Dec. 2025 was:

Adj_EPS=Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-1.39/324.0540*324.0540
=-1.390

Current CPI (Dec. 2025) = 324.0540.

IPAS Indexo does not have a history long enough to calculate E10. Therefore GuruFocus does not calculate it.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €0.00 mean?
IPAS Indexo (ORSE:IDX1R) has a E10 of €0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on IPAS Indexo and its competitors.
Is IPAS Indexo's E10 too high?
IPAS Indexo's current E10 is €0.00. Overall, IPAS Indexo 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 IPAS Indexo's E10 compare to BLK and BX?
IPAS Indexo's E10 of €0.00 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 IPAS Indexo and its competitors. IPAS Indexo's current E10 is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPAS Indexo stock overvalued right now?
Based on GuruFocus' analysis, IPAS Indexo (ORSE:IDX1R) is currently considered Possible Value Trap. The stock's GF Value™ is €15.13, compared to a current price of €8.72 — trading 42.4% below its estimated fair value. The current E10 is €0.00. IPAS Indexo's overall GF Score™ is 67/100 with 8 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 IPAS Indexo (ORSE:IDX1R), the current E10 is €0.00 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 IPAS Indexo (ORSE:IDX1R) Overvalued in 2026?

Based on GuruFocus' analysis, IPAS Indexo stock appears to be undervalued. The current stock price of €8.72 is trading 42.4% below its estimated GF Value™ of €15.13. GuruFocus considers IPAS Indexo to be Possible Value Trap.

Key valuation signals for ORSE:IDX1R:

  • E10: €0.00
  • GF Value™: €15.13 vs. price of €8.72 (42.4% below fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the ORSE:IDX1R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IPAS Indexo Business Description

Other Exchanges S9S:Germany
Address 1 Roberta Hirsa Street, Riga, LVA, 1045
IPAS Indexo is a licensed investment management company. Along with its subsidiaries, it operates in the following segments: Asset management, Bank development, and Non-bank lending. Maximum revenue is generated from the Asset Management segment, which includes management of the assets of state-funded pension scheme investment plans and private pension scheme investment plans. The Bank development segment represents the income generated from the provision of various banking services (including accepting deposits, granting loans, offering payment solutions, issuing credit cards, etc.) by its banking subsidiary, and the Non-bank lending represents its non-bank lending activities. Geographically, the group's maximum revenue is generated from Latvia, and rest from the European Economic Area.
67GF Score

Get the complete analysis for ORSE:IDX1R

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

€8.72
Price
€15.13
GF Value