Euroseas (STU:2LE1) E10: €2.28 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.

STU:2LE1 Euroseas Ltd STU:2LE1
65 GF Score
Price €62.30
GF Value €31.04
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Euroseas E10?

Euroseas STU:2LE1 +4.18% 65 E10 is €2.28 as of Mar. 2026. GuruFocus rates STU:2LE1 with a GF Score™ of 65/100 and a GF Value™ of €31.04 (Significantly Overvalued). The stock has 10 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.

Euroseas's adjusted earnings per share data for the three months ended in Mar. 2026 was €4.022. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.28 for the trailing ten years ended in Mar. 2026.

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 Euroseas was 55.40% per year. The lowest was -34.80% per year. And the median was 5.35% per year.

As of today (2026-07-15), Euroseas's current stock price is €62.30. Euroseas's E10 for the quarter that ended in Mar. 2026 was €2.28. Euroseas's Shiller PE Ratio of today is 27.32.

During the past 13 years, the highest Shiller PE Ratio of Euroseas was 3230.00. The lowest was 23.59. And the median was 36.39.


Euroseas  (STU:2LE1) 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.

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

Shiller PE Ratio=Share Price/E10
=62.30/2.28
=27.32

* 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 Euroseas was 3230.00. The lowest was 23.59. And the median was 36.39.


Be Aware

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


Euroseas E10 Related Terms


Euroseas E10 Historical Data

* Premium members only.

The historical data trend for Euroseas'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.

Euroseas E10 Chart

Euroseas 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 -22.71 -23.17 -6.05 -2.20 1.54

Euroseas 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 -0.92 0.02 0.60 1.54 2.28

STU:2LE1 vs PANL, CMDB, ASC: E10 Comparison

For the Marine Shipping subindustry, Euroseas'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.


Euroseas Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Euroseas's Shiller PE Ratio distribution charts can be found below:

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


STU:2LE1
65GF Score
Euroseas Ltd STU:2LE1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Euroseas 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, Euroseas'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)
=4.022/124.8200*124.8200
=4.022

Current CPI (Mar. 2026) = 124.8200.

Euroseas Quarterly Data

per share eps CPI Adj_EPS
201606 -17.230 100.121 -21.481
201609 -4.348 99.878 -5.434
201612 -16.457 100.110 -20.519
201703 -1.795 100.770 -2.223
201706 -0.926 101.138 -1.143
201709 -3.557 100.882 -4.401
201712 0.879 100.762 1.089
201803 -1.103 100.534 -1.369
201806 1.301 102.121 1.590
201809 3.634 101.982 4.448
201812 -0.492 101.330 -0.606
201903 -0.283 101.482 -0.348
201906 -0.991 101.837 -1.215
201909 -0.091 101.906 -0.111
201912 -0.162 102.120 -0.198
202003 0.290 101.479 0.357
202006 0.178 100.239 0.222
202009 0.008 99.886 0.010
202012 0.058 99.751 0.073
202103 0.445 99.817 0.556
202106 0.921 101.270 1.135
202109 0.995 102.095 1.216
202112 2.770 104.853 3.297
202203 3.750 108.651 4.308
202206 4.011 113.517 4.410
202209 3.535 114.371 3.858
202212 2.700 112.428 2.998
202303 3.829 113.620 4.206
202306 3.830 115.515 4.139
202309 4.357 116.234 4.679
202312 3.265 116.364 3.502
202403 2.640 117.285 2.810
202406 5.425 118.129 5.732
202409 3.559 119.650 3.713
202412 3.333 119.360 3.485
202503 4.893 120.133 5.084
202506 3.719 121.399 3.824
202509 3.621 121.950 3.706
202512 4.945 122.450 5.041
202603 4.022 124.820 4.022

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 €2.28 mean?
Euroseas (STU:2LE1) has a E10 of €2.28 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Euroseas and its competitors.
Is Euroseas' E10 too high?
Euroseas' current E10 is €2.28. Overall, Euroseas has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Euroseas' E10 compare to PANL and CMDB?
Euroseas' E10 of €2.28 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Euroseas and its competitors. Euroseas's current E10 is €2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euroseas stock overvalued right now?
Based on GuruFocus' analysis, Euroseas (STU:2LE1) is currently considered Significantly Overvalued. The stock's GF Value™ is €31.04, compared to a current price of €62.30 — trading 100.7% above its estimated fair value. The current E10 is €2.28. Euroseas' overall GF Score™ is 65/100 with 10 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 Euroseas (STU:2LE1), the current E10 is €2.28 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 Euroseas (STU:2LE1) Overvalued in 2026?

Based on GuruFocus' analysis, Euroseas stock appears to be overvalued. The current stock price of €62.30 is trading 100.7% above its estimated GF Value™ of €31.04. GuruFocus considers Euroseas to be Significantly Overvalued.

Key valuation signals for STU:2LE1:

  • E10: €2.28
  • GF Value™: €31.04 vs. price of €62.30 (100.7% above fair value)
  • GF Score™: 65/100 with 10 warning signs

No single metric tells the full story. See the STU:2LE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Euroseas Business Description

Other Exchanges ESEA:USAESEAN:Mexico
Address 4 Messogiou and Evropis Street, Maroussi, GRC, 15124
Euroseas Ltd is a shipping company. Its fleet consists of containerships that transport container boxes, providing scheduled service between ports. Its operations are managed by an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. The company employs its vessels on spot and period charters and through pool arrangements.
65GF Score

Get the complete analysis for STU:2LE1

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

€62.30
Price
€31.04
GF Value