SPAEF (Space Co) E10: $0.00 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

SPAEF Space Co Ltd SPAEF
63 GF Score
Price $8.50
GF Value $6.57
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Space Co E10?

Space Co SPAEF -8.11% 63 E10 is $0.00 as of Jun. 2026. GuruFocus rates SPAEF with a GF Score™ of 63/100 and a GF Value™ of $6.57 (Modestly Overvalued). 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.

Space Co's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.000. 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 Jun. 2026.

During the past 12 months, Space Co's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 5.20% per year. During the past 5 years, the average E10 Growth Rate was 4.70% 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 Space Co was 5.20% per year. The lowest was 2.60% per year. And the median was 3.30% per year.

As of today (2026-08-09), Space Co's current stock price is $8.50. Space Co's E10 for the quarter that ended in Jun. 2026 was $0.00. Space Co's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Space Co was 20.24. The lowest was 10.22. And the median was 12.84.


Space Co  (OTCPK:SPAEF) 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.

During the past 13 years, the highest Shiller P/E Ratio of Space Co was 20.24. The lowest was 10.22. And the median was 12.84.


Be Aware

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


Space Co E10 Related Terms


Space Co E10 Historical Data

* Premium members only.

The historical data trend for Space Co'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.

Space Co E10 Chart

Space Co 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 0.00 0.00 0.00 0.00 0.00

Space Co 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 0.00 0.00 0.00 0.00 0.00

SPAEF vs PWR, FIX, EME: E10 Comparison

For the Engineering & Construction subindustry, Space Co'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.


Space Co Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, Space Co's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Space Co's Shiller PE Ratio falls into.


SPAEF
63GF Score
Space Co Ltd SPAEF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Space Co 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, Space Co'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)
=0/113.6000*113.6000
=0.000

Current CPI (Jun. 2026) = 113.6000.

Space Co Quarterly Data

per share eps CPI Adj_EPS
201609 0.233 98.000 0.270
201612 0.250 98.400 0.289
201703 0.230 98.100 0.266
201706 0.278 98.500 0.321
201709 0.216 98.800 0.248
201712 0.197 99.400 0.225
201803 0.224 99.200 0.257
201806 0.226 99.200 0.259
201809 0.158 99.900 0.180
201812 0.182 99.700 0.207
201903 0.125 99.700 0.142
201906 0.334 99.800 0.380
201909 0.197 100.100 0.224
201912 0.080 100.500 0.090
202003 0.097 100.300 0.110
202006 0.188 99.900 0.214
202009 0.076 99.900 0.086
202012 0.066 99.300 0.076
202103 0.030 99.900 0.034
202106 0.209 99.500 0.239
202109 0.021 100.100 0.024
202112 0.288 100.100 0.327
202203 0.056 101.100 0.063
202206 0.136 101.800 0.152
202209 0.101 103.100 0.111
202212 0.129 104.100 0.141
202303 0.184 104.400 0.200
202306 -0.022 105.200 -0.024
202309 0.087 106.200 0.093
202312 0.239 106.800 0.254
202403 0.265 107.200 0.281
202406 0.141 108.200 0.148
202409 0.072 108.900 0.075
202412 0.205 110.700 0.210
202503 0.308 111.100 0.315
202506 0.187 111.700 0.190
202509 0.188 112.000 0.191
202512 0.341 113.000 0.343
202603 0.331 112.700 0.334
202606 0.000 113.600 0.000

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 $0.00 mean?
Space Co (SPAEF) has a E10 of $0.00 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Space Co and its competitors.
Is Space Co's E10 too high?
Space Co's current E10 is $0.00. Overall, Space Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Space Co's E10 compare to PWR and FIX?
Space Co's E10 of $0.00 can be compared against companies in the Construction 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 Construction company?
A good E10 depends on the Construction 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 Space Co and its competitors. Space Co'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 Space Co stock overvalued right now?
Based on GuruFocus' analysis, Space Co (SPAEF) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.57, compared to a current price of $8.50 — trading 29.4% above its estimated fair value. The current E10 is $0.00. Space Co's overall GF Score™ is 63/100 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 Space Co (SPAEF), the current E10 is $0.00 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 Space Co (SPAEF) Overvalued in 2026?

Based on GuruFocus' analysis, Space Co stock appears to be overvalued. The current stock price of $8.50 is trading 29.4% above its estimated GF Value™ of $6.57. GuruFocus considers Space Co to be Modestly Overvalued.

Key valuation signals for SPAEF:

  • E10: $0.00
  • GF Value™: $6.57 vs. price of $8.50 (29.4% above fair value)
  • GF Score™: 63/100 with 2 warning signs

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


Space Co Business Description

Other Exchanges 9622:Japan
Address 3-9-4 Nihonbashi, Ningyo-cho, Tokyo, JPN, 103-0013
Space Co Ltd is engaged in the planning and design, supervision and construction of commercial facilities, including shopping centres, department stores, speciality stores, restaurants, and cafes. In addition, the company is also involved in the planning, design, production, sales and import and export of display equipment and fixtures, indoor and outdoor decorative items.
63GF Score

Get the complete analysis for SPAEF

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

$8.50
Price
$6.57
GF Value