Apanet (WAR:APA) E10: zł-0.06 (As of Mar. 2026)


WAR:APA Apanet SA WAR:APA
68 GF Score
Price zł1.00
GF Value zł1.06
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Apanet E10?

Apanet WAR:APA 68 E10 is zł-0.06 as of Mar. 2026. GuruFocus rates WAR:APA with a GF Score™ of 68/100 and a GF Value™ of zł1.06 (Fairly Valued). 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.

Apanet's adjusted earnings per share data for the three months ended in Mar. 2026 was zł-0.048. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł-0.06 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.

As of today (2026-06-27), Apanet's current stock price is zł1.00. Apanet's E10 for the quarter that ended in Mar. 2026 was zł-0.06. Apanet's Shiller PE Ratio of today is .


Apanet  (WAR:APA) 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.


Be Aware

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


Apanet E10 Related Terms


Apanet E10 Historical Data

* Premium members only.

The historical data trend for Apanet'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.

Apanet E10 Chart

Apanet 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 -0.04 -0.03 -0.07

Apanet 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 -0.03 -0.02 -0.03 -0.07 -0.06

WAR:APA vs APH, GLW, TEL: E10 Comparison

For the Electronic Components subindustry, Apanet'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.


Apanet Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Apanet's Shiller PE Ratio distribution charts can be found below:

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


WAR:APA
68GF Score
Apanet SA WAR:APA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apanet 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, Apanet'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)
=-0.048/158.3232*158.3232
=-0.048

Current CPI (Mar. 2026) = 158.3232.

Apanet Quarterly Data

per share eps CPI Adj_EPS
201606 -0.016 99.552 -0.025
201609 -0.086 99.064 -0.137
201612 -0.072 100.366 -0.114
201703 0.097 101.018 0.152
201706 0.216 101.180 0.338
201709 -0.098 101.343 -0.153
201712 -0.118 102.564 -0.182
201803 -0.050 102.564 -0.077
201806 -0.026 103.378 -0.040
201809 -0.066 103.378 -0.101
201812 -0.103 103.785 -0.157
201903 -0.117 104.274 -0.178
201906 0.190 105.983 0.284
201909 0.005 105.983 0.007
201912 -0.069 107.123 -0.102
202003 -0.069 109.076 -0.100
202006 0.004 109.402 0.006
202009 0.039 109.320 0.056
202012 -0.027 109.565 -0.039
202103 -0.029 112.658 -0.041
202106 0.152 113.960 0.211
202109 0.001 115.588 0.001
202112 0.059 119.088 0.078
202203 -0.014 125.031 -0.018
202206 -0.032 131.705 -0.038
202209 0.002 135.531 0.002
202212 -0.086 139.113 -0.098
202303 -0.101 145.950 -0.110
202306 0.025 147.009 0.027
202309 -0.014 146.113 -0.015
202312 0.040 147.741 0.043
202403 0.013 149.044 0.014
202406 -0.074 150.997 -0.078
202409 -0.084 153.439 -0.087
202412 0.025 154.660 0.026
202503 -0.028 157.021 -0.028
202506 0.086 157.509 0.086
202509 0.052 157.998 0.052
202512 0.004 158.323 0.004
202603 -0.048 158.323 -0.048

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 zł-0.06 mean?
Apanet (WAR:APA) has a E10 of zł-0.06 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Apanet and its competitors.
Is Apanet's E10 too high?
Apanet's current E10 is zł-0.06. Overall, Apanet has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Apanet's E10 compare to APH and GLW?
Apanet's E10 of zł-0.06 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Apanet and its competitors. Apanet's current E10 is zł-0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apanet stock overvalued right now?
Based on GuruFocus' analysis, Apanet (WAR:APA) is currently considered Fairly Valued. The stock's GF Value™ is zł1.06, compared to a current price of zł1.00 — trading 5.7% below its estimated fair value. The current E10 is zł-0.06. Apanet's overall GF Score™ is 68/100 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 Apanet (WAR:APA), the current E10 is zł-0.06 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 Apanet (WAR:APA) Overvalued in 2026?

Based on GuruFocus' analysis, Apanet stock appears to be undervalued. The current stock price of zł1.00 is trading 5.7% below its estimated GF Value™ of zł1.06. GuruFocus considers Apanet to be Fairly Valued.

Key valuation signals for WAR:APA:

  • E10: zł-0.06
  • GF Value™: zł1.06 vs. price of zł1.00 (5.7% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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


Apanet Business Description

Address Piastow Avenue 27, Wroclaw, POL, 52-424
Apanet SA operates in the cleantech market, focusing its activities on utility control systems. The company's activities include financing, supervision, and control of the subsidiary, as well as coordinating the development of the entire Group.
68GF Score

Get the complete analysis for WAR:APA

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

zł1.00
Price
zł1.06
GF Value