RCAT (Red Cat Holdings) E10: $-20.59 (As of Mar. 2026)


RCAT Red Cat Holdings Inc RCAT
80 GF Score
Price $9.36
GF Value $7.91
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Red Cat Holdings E10?

Red Cat Holdings RCAT -8.34% 80 E10 is $-20.59 as of Mar. 2026. GuruFocus rates RCAT with a GF Score™ of 80/100 and a GF Value™ of $7.91 (Modestly 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.

Red Cat Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.220. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $-20.59 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 85.80% per year. During the past 5 years, the average E10 Growth Rate was 53.40% per year. During the past 10 years, the average E10 Growth Rate was 17.50% 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 Red Cat Holdings was 85.80% per year. The lowest was -13.70% per year. And the median was -8.40% per year.

As of today (2026-06-25), Red Cat Holdings's current stock price is $9.36. Red Cat Holdings's E10 for the quarter that ended in Mar. 2026 was $-20.59. Red Cat Holdings's Shiller PE Ratio of today is .


Red Cat Holdings  (NAS:RCAT) 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.


Red Cat Holdings E10 Related Terms


Red Cat Holdings E10 Historical Data

* Premium members only.

The historical data trend for Red Cat Holdings'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.

Red Cat Holdings E10 Chart

Red Cat Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Apr20 Apr21 Apr22 Apr23 Apr24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,568.46 -7,245.97 -7,562.33 -8,070.52 -20.65

Red Cat Holdings Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 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 -29.63 -25.62 -21.22 -20.65 -20.59

RCAT vs DCO, AVEX, VVX: E10 Comparison

For the Aerospace & Defense subindustry, Red Cat Holdings'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.


Red Cat Holdings Shiller PE Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Red Cat Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Red Cat Holdings's Shiller PE Ratio falls into.


RCAT
80GF Score
Red Cat Holdings Inc RCAT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Red Cat Holdings 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, Red Cat Holdings'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)
=-0.22/330.2130*330.2130
=-0.220

Current CPI (Mar. 2026) = 330.2130.

Red Cat Holdings Quarterly Data

per share eps CPI Adj_EPS
201603 -0.158 238.132 -0.219
201606 -4.954 241.018 -6.787
201609 -24.010 241.428 -32.840
201612 -108.043 241.432 -147.773
201703 24.010 243.801 32.520
201706 12.005 244.955 16.183
201709 -12.005 246.819 -16.061
201712 -12.005 246.524 -16.080
201803 0.000 249.554 0.000
201806 -2.846 251.989 -3.729
201809 -2.620 252.439 -3.427
201812 -12.005 251.233 -15.779
201903 -1.471 254.202 -1.911
201906 -1.174 256.143 -1.513
201910 -0.010 257.346 -0.013
202001 -0.020 257.971 -0.026
202004 -0.040 256.389 -0.052
202007 -0.020 259.101 -0.025
202010 -0.040 260.388 -0.051
202101 -0.340 261.582 -0.429
202104 -0.100 267.054 -0.124
202107 -0.050 273.003 -0.060
202110 -0.050 276.589 -0.060
202201 -0.050 281.148 -0.059
202204 -0.090 289.109 -0.103
202207 -0.070 296.276 -0.078
202210 -0.120 298.012 -0.133
202301 -0.100 299.170 -0.110
202304 -0.230 303.363 -0.250
202307 -0.110 305.691 -0.119
202310 -0.110 307.671 -0.118
202401 -0.100 308.417 -0.107
202404 -0.090 313.548 -0.095
202407 -0.170 314.540 -0.178
202410 -0.180 315.664 -0.188
202503 -0.270 319.799 -0.279
202506 -0.150 322.561 -0.154
202509 -0.160 324.800 -0.163
202512 -0.170 324.054 -0.173
202603 -0.220 330.213 -0.220

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 $-20.59 mean?
Red Cat Holdings (RCAT) has a E10 of $-20.59 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Red Cat Holdings and its competitors.
Is Red Cat Holdings' E10 too high?
Red Cat Holdings' current E10 is $-20.59. Overall, Red Cat Holdings has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Red Cat Holdings' E10 compare to DCO and AVEX?
Red Cat Holdings' E10 of $-20.59 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good E10 depends on the Aerospace & Defense 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 Red Cat Holdings and its competitors. Red Cat Holdings's current E10 is $-20.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Cat Holdings stock overvalued right now?
Based on GuruFocus' analysis, Red Cat Holdings (RCAT) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.91, compared to a current price of $9.36 — trading 18.3% above its estimated fair value. The current E10 is $-20.59. Red Cat Holdings' overall GF Score™ is 80/100 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 Red Cat Holdings (RCAT), the current E10 is $-20.59 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 Red Cat Holdings (RCAT) Overvalued in 2026?

Based on GuruFocus' analysis, Red Cat Holdings stock appears to be overvalued. The current stock price of $9.36 is trading 18.3% above its estimated GF Value™ of $7.91. GuruFocus considers Red Cat Holdings to be Modestly Overvalued.

Key valuation signals for RCAT:

  • E10: $-20.59
  • GF Value™: $7.91 vs. price of $9.36 (18.3% above fair value)
  • GF Score™: 80/100 with 4 warning signs

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


Red Cat Holdings Business Description

Other Exchanges 1RCAT:ItalyBQ73:Germany
Address 2800 South West Temple, Suite 5, South Salt Lake, UT, USA, 84115
Red Cat Holdings Inc is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Its suite of solutions includes the Arachnid family of ISR and precision strike drones, which includes the Black Widow, a small unmanned ISR system; and WEB (Warfighter Electronic Bridge) GCS, designed to command and control an entire drone family of systems for military operations. Its other offerings include Edge 130 Blue drone systems, Trichon, a fixed-wing VTOL for extended endurance and range, and FANG FPV drones optimized for military operations with precision strike capabilities. The firm's Division includes Teal, FlightWave, and Blue Ops.
80GF Score

Get the complete analysis for RCAT

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

$9.36
Price
$7.91
GF Value