VRSHF (Verusa Holding AS) E10: $0.02 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

VRSHF Verusa Holding AS VRSHF
49 GF Score
Price $9.35
GF Value $3.78
! 5 Warning Signs
View Full Analysis

What is Verusa Holding AS E10?

Verusa Holding AS VRSHF 49 E10 is $0.02 as of Mar. 2026. GuruFocus rates VRSHF with a GF Score™ of 49/100 and a GF Value™ of $3.78. The stock has 5 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.

Verusa Holding AS's adjusted earnings per share data for the three months ended in Mar. 2026 was $-0.143. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Verusa Holding AS's average E10 Growth Rate was -40.10% per year. During the past 3 years, the average E10 Growth Rate was 24.60% 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 Verusa Holding AS was 24.60% per year. The lowest was 24.60% per year. And the median was 24.60% per year.

As of today (2026-07-20), Verusa Holding AS's current stock price is $9.35. Verusa Holding AS's E10 for the quarter that ended in Mar. 2026 was $0.02. Verusa Holding AS's Shiller PE Ratio of today is 467.50.

During the past 13 years, the highest Shiller PE Ratio of Verusa Holding AS was 530.51. The lowest was 48.75. And the median was 136.96.


Verusa Holding AS  (OTCPK:VRSHF) 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.

Verusa Holding AS's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=9.35/0.02
=467.50

* 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 Verusa Holding AS was 530.51. The lowest was 48.75. And the median was 136.96.


Be Aware

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


Verusa Holding AS E10 Related Terms


Verusa Holding AS E10 Historical Data

* Premium members only.

The historical data trend for Verusa Holding AS'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.

Verusa Holding AS E10 Chart

Verusa Holding AS 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 0.05

Verusa Holding AS 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 0.02 0.03 0.09 0.05 0.02

VRSHF vs LIN, SHW, ECL: E10 Comparison

For the Specialty Chemicals subindustry, Verusa Holding AS'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.


Verusa Holding AS Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Verusa Holding AS's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Verusa Holding AS's Shiller PE Ratio falls into.


VRSHF
49GF Score
Verusa Holding AS VRSHF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Verusa Holding AS 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, Verusa Holding AS'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)
=-0.143/330.2130*330.2130
=-0.143

Current CPI (Mar. 2026) = 330.2130.

Verusa Holding AS Quarterly Data

per share eps CPI Adj_EPS
201606 0.072 241.018 0.099
201609 -0.027 241.428 -0.037
201612 0.071 241.432 0.097
201703 -0.001 243.801 -0.001
201706 -0.020 244.955 -0.027
201709 0.029 246.819 0.039
201712 0.047 246.524 0.063
201803 0.039 249.554 0.052
201806 -0.039 251.989 -0.051
201809 0.049 252.439 0.064
201812 0.066 251.233 0.087
201903 0.027 254.202 0.035
201906 0.055 256.143 0.071
201909 0.011 256.759 0.014
201912 0.061 256.974 0.078
202003 0.009 258.115 0.012
202006 0.063 257.797 0.081
202009 0.017 260.280 0.022
202012 0.180 260.474 0.228
202103 0.082 264.877 0.102
202106 0.062 271.696 0.075
202109 0.047 274.310 0.057
202112 0.088 278.802 0.104
202203 0.049 287.504 0.056
202206 0.131 296.311 0.146
202209 0.060 296.808 0.067
202212 -0.213 296.797 -0.237
202303 -0.084 301.836 -0.092
202306 0.141 305.109 0.153
202309 -0.074 307.789 -0.079
202312 0.209 306.746 0.225
202403 0.117 312.332 0.124
202406 0.063 314.175 0.066
202409 -0.016 315.301 -0.017
202412 0.083 315.605 0.087
202503 -0.110 319.799 -0.114
202506 0.239 322.561 0.245
202509 0.084 324.800 0.085
202512 -0.331 324.054 -0.337
202603 -0.143 330.213 -0.143

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 $0.02 mean?
Verusa Holding AS (VRSHF) has a E10 of $0.02 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Verusa Holding AS and its competitors.
Is Verusa Holding AS's E10 too high?
Verusa Holding AS's current E10 is $0.02. Overall, Verusa Holding AS has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Verusa Holding AS's E10 compare to LIN and SHW?
Verusa Holding AS's E10 of $0.02 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Verusa Holding AS and its competitors. Verusa Holding AS's current E10 is $0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verusa Holding AS stock overvalued right now?
Verusa Holding AS (VRSHF) has a current E10 of $0.02. The stock's GF Value™ is $3.78, compared to a current price of $9.35 — trading 147.4% above its estimated fair value. The current E10 is $0.02. Verusa Holding AS's overall GF Score™ is 49/100 with 5 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 Verusa Holding AS (VRSHF), the current E10 is $0.02 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 Verusa Holding AS (VRSHF) Overvalued in 2026?

Based on GuruFocus' analysis, Verusa Holding AS stock appears to be overvalued. The current stock price of $9.35 is trading 147.4% above its estimated GF Value™ of $3.78.

Key valuation signals for VRSHF:

  • E10: $0.02
  • GF Value™: $3.78 vs. price of $9.35 (147.4% above fair value)
  • GF Score™: 49/100 with 5 warning signs

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


Verusa Holding AS Business Description

Other Exchanges VERUS:Turkey
Address Maslak Mah, Saat Sk. Spine Tower No: 5/91 Sariyer, Istanbul, TUR, 34398
Verusa Holding AS is a Turkey based investment company focused on private equity and venture capital. The company invests in high-growth sectors such as renewable energy, mining, technology, and healthcare. The Group has been divided into five groups: venture capital, electricity wholesale, cellulose manufacturing, energy and holding activities. Geographically, the company's projects are diversified in Europe, the Middle East, Asia, Africa, North and South America.
49GF Score

Get the complete analysis for VRSHF

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

$9.35
Price
$3.78
GF Value