Mennica Skarbowa (STU:98S) E10: €2.30 (As of Mar. 2026)


STU:98S Mennica Skarbowa SA STU:98S
74 GF Score
Price €12.40
GF Value €23.21
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Mennica Skarbowa E10?

Mennica Skarbowa STU:98S -2.75% 74 E10 is €2.30 as of Mar. 2026. GuruFocus rates STU:98S with a GF Score™ of 74/100 and a GF Value™ of €23.21 (Possible Value Trap). The stock has 3 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.

Mennica Skarbowa's adjusted earnings per share data for the three months ended in Mar. 2026 was €2.109. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.30 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Mennica Skarbowa's average E10 Growth Rate was 16.90% per year. During the past 3 years, the average E10 Growth Rate was 6.50% 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 Mennica Skarbowa was 20.30% per year. The lowest was 6.50% per year. And the median was 13.40% per year.

As of today (2026-06-30), Mennica Skarbowa's current stock price is €12.40. Mennica Skarbowa's E10 for the quarter that ended in Mar. 2026 was €2.30. Mennica Skarbowa's Shiller PE Ratio of today is 5.39.

During the past 13 years, the highest Shiller PE Ratio of Mennica Skarbowa was 29.33. The lowest was 4.72. And the median was 7.37.


Mennica Skarbowa  (STU:98S) 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.

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

Shiller PE Ratio=Share Price/E10
=12.40/2.30
=5.39

* 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 Mennica Skarbowa was 29.33. The lowest was 4.72. And the median was 7.37.


Be Aware

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


Mennica Skarbowa E10 Related Terms


Mennica Skarbowa E10 Historical Data

* Premium members only.

The historical data trend for Mennica Skarbowa'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.

Mennica Skarbowa E10 Chart

Mennica Skarbowa 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 0.97 1.54 1.56 1.77 1.96

Mennica Skarbowa 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 1.88 1.92 1.84 1.96 2.30

STU:98S vs TPR, SIG, CPRI: E10 Comparison

For the Luxury Goods subindustry, Mennica Skarbowa'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.


Mennica Skarbowa Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mennica Skarbowa's Shiller PE Ratio distribution charts can be found below:

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


STU:98S
74GF Score
Mennica Skarbowa SA STU:98S
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mennica Skarbowa 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, Mennica Skarbowa'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)
=2.109/158.3232*158.3232
=2.109

Current CPI (Mar. 2026) = 158.3232.

Mennica Skarbowa Quarterly Data

per share eps CPI Adj_EPS
201606 0.022 99.552 0.035
201609 0.053 99.064 0.085
201612 0.073 100.366 0.115
201703 0.018 101.018 0.028
201706 0.075 101.180 0.117
201709 0.014 101.343 0.022
201712 -0.089 102.564 -0.137
201803 -0.005 102.564 -0.008
201806 -0.076 103.378 -0.116
201809 0.116 103.378 0.178
201812 0.154 103.785 0.235
201903 0.091 104.274 0.138
201906 0.141 105.983 0.211
201909 0.404 105.983 0.604
201912 0.146 107.123 0.216
202003 1.246 109.076 1.809
202006 0.607 109.402 0.878
202009 1.542 109.320 2.233
202012 -0.037 109.565 -0.053
202103 1.012 112.658 1.422
202106 1.049 113.960 1.457
202109 1.351 115.588 1.850
202112 1.444 119.088 1.920
202203 3.533 125.031 4.474
202206 1.049 131.705 1.261
202209 0.875 135.531 1.022
202212 -0.649 139.113 -0.739
202303 0.713 145.950 0.773
202306 -0.521 147.009 -0.561
202309 -1.033 146.113 -1.119
202312 -1.112 147.741 -1.192
202403 1.176 149.044 1.249
202406 0.667 150.997 0.699
202409 0.363 153.439 0.375
202412 -0.432 154.660 -0.442
202503 0.500 157.021 0.504
202506 0.502 157.509 0.505
202509 0.917 157.998 0.919
202512 0.018 158.323 0.018
202603 2.109 158.323 2.109

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 €2.30 mean?
Mennica Skarbowa (STU:98S) has a E10 of €2.30 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Mennica Skarbowa and its competitors.
Is Mennica Skarbowa's E10 too high?
Mennica Skarbowa's current E10 is €2.30. Overall, Mennica Skarbowa has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mennica Skarbowa's E10 compare to TPR and SIG?
Mennica Skarbowa's E10 of €2.30 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Mennica Skarbowa and its competitors. Mennica Skarbowa's current E10 is €2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mennica Skarbowa stock overvalued right now?
Based on GuruFocus' analysis, Mennica Skarbowa (STU:98S) is currently considered Possible Value Trap. The stock's GF Value™ is €23.21, compared to a current price of €12.40 — trading 46.6% below its estimated fair value. The current E10 is €2.30. Mennica Skarbowa's overall GF Score™ is 74/100 with 3 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 Mennica Skarbowa (STU:98S), the current E10 is €2.30 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 Mennica Skarbowa (STU:98S) Overvalued in 2026?

Based on GuruFocus' analysis, Mennica Skarbowa stock appears to be undervalued. The current stock price of €12.40 is trading 46.6% below its estimated GF Value™ of €23.21. GuruFocus considers Mennica Skarbowa to be Possible Value Trap.

Key valuation signals for STU:98S:

  • E10: €2.30
  • GF Value™: €23.21 vs. price of €12.40 (46.6% below fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the STU:98S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mennica Skarbowa Business Description

Other Exchanges MNS:Poland
Address Ulica Jasna 1, Warsaw, POL, 00-013
Mennica Skarbowa SA is an investment company in Poland. The company markets and sells capital goods such as gold, diamonds, silver as well as advice to diversify the investment portfolio of alternative investments.
74GF Score

Get the complete analysis for STU:98S

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

€12.40
Price
€23.21
GF Value