Grammer AG (STU:GMM) E10: €-0.22 (As of Mar. 2026)


STU:GMM Grammer AG STU:GMM
76 GF Score
Price €8.95
GF Value €7.90
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Grammer AG E10?

Grammer AG STU:GMM +1.13% 76 E10 is €-0.22 as of Mar. 2026. GuruFocus rates STU:GMM with a GF Score™ of 76/100 and a GF Value™ of €7.90 (Modestly Overvalued). 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.

Grammer AG's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.630. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.22 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 Grammer AG was 0.30% per year. The lowest was -23.50% per year. And the median was -12.30% per year.

As of today (2026-06-27), Grammer AG's current stock price is €8.95. Grammer AG's E10 for the quarter that ended in Mar. 2026 was €-0.22. Grammer AG's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Grammer AG was 103.57. The lowest was 4.69. And the median was 12.12.


Grammer AG  (STU:GMM) 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 Grammer AG was 103.57. The lowest was 4.69. And the median was 12.12.


Be Aware

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


Grammer AG E10 Related Terms


Grammer AG E10 Historical Data

* Premium members only.

The historical data trend for Grammer AG'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.

Grammer AG E10 Chart

Grammer AG 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 1.85 1.18 0.91 -0.07 -0.20

Grammer AG 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 -0.12 -0.14 -0.12 -0.20 -0.22

STU:GMM vs ORLY, AZO: E10 Comparison

For the Auto Parts subindustry, Grammer AG'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.


Grammer AG Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Grammer AG's Shiller PE Ratio distribution charts can be found below:

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


STU:GMM
76GF Score
Grammer AG STU:GMM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grammer AG 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, Grammer AG'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)
=0.63/131.2583*131.2583
=0.630

Current CPI (Mar. 2026) = 131.2583.

Grammer AG Quarterly Data

per share eps CPI Adj_EPS
201606 1.193 100.717 1.555
201609 0.372 101.017 0.483
201612 1.712 101.217 2.220
201703 1.115 101.417 1.443
201706 0.421 102.117 0.541
201709 0.450 102.717 0.575
201712 0.528 102.617 0.675
201803 0.978 102.917 1.247
201806 1.037 104.017 1.309
201809 -0.822 104.718 -1.030
201812 0.665 104.217 0.838
201903 0.929 104.217 1.170
201906 1.272 105.718 1.579
201909 0.059 106.018 0.073
201912 1.226 105.818 1.521
202003 -0.800 105.718 -0.993
202006 -4.030 106.618 -4.961
202009 0.060 105.818 0.074
202012 -0.330 105.518 -0.411
202103 0.880 107.518 1.074
202106 0.330 108.486 0.399
202109 -0.350 109.435 -0.420
202112 -0.780 110.384 -0.928
202203 -0.530 113.968 -0.610
202206 -1.140 115.760 -1.293
202209 0.640 118.818 0.707
202212 -4.230 119.345 -4.652
202303 0.190 122.402 0.204
202306 -0.240 123.140 -0.256
202309 0.090 124.195 0.095
202312 0.080 123.773 0.085
202403 -0.430 125.038 -0.451
202406 0.180 125.882 0.188
202409 -5.530 126.198 -5.752
202412 -0.550 127.041 -0.568
202503 0.600 127.779 0.616
202506 0.190 128.412 0.194
202509 0.470 129.255 0.477
202512 0.140 129.361 0.142
202603 0.630 131.258 0.630

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 €-0.22 mean?
Grammer AG (STU:GMM) has a E10 of €-0.22 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Grammer AG and its competitors.
Is Grammer AG's E10 too high?
Grammer AG's current E10 is €-0.22. Overall, Grammer AG has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grammer AG's E10 compare to ORLY and AZO?
Grammer AG's E10 of €-0.22 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts 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 Grammer AG and its competitors. Grammer AG's current E10 is €-0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grammer AG stock overvalued right now?
Based on GuruFocus' analysis, Grammer AG (STU:GMM) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.90, compared to a current price of €8.95 — trading 13.3% above its estimated fair value. The current E10 is €-0.22. Grammer AG's overall GF Score™ is 76/100 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 Grammer AG (STU:GMM), the current E10 is €-0.22 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 Grammer AG (STU:GMM) Overvalued in 2026?

Based on GuruFocus' analysis, Grammer AG stock appears to be overvalued. The current stock price of €8.95 is trading 13.3% above its estimated GF Value™ of €7.90. GuruFocus considers Grammer AG to be Modestly Overvalued.

Key valuation signals for STU:GMM:

  • E10: €-0.22
  • GF Value™: €7.90 vs. price of €8.95 (13.3% above fair value)
  • GF Score™: 76/100 with 8 warning signs

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


Grammer AG Business Description

Other Exchanges 0OQX:UKGMM:Germany
Address Grammer-Allee 2, Ursensollen, BY, DEU, 92289
Grammer AG specializes in developing and manufacturing components and systems for car interiors as well as driver and passenger seats for off-road vehicles, trucks, buses, and trains. Its product portfolio comprises consoles and armrests, headrests, and other interior products for cars, as well as passenger seats, interior components, and related spare parts for commercial vehicles, among others. The company has three reportable segments: EMEA, Americas, and APAC. The majority of its revenue is generated from the EMEA segment (Europe, Middle East, and Africa).
76GF Score

Get the complete analysis for STU:GMM

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

€8.95
Price
€7.90
GF Value