Apator (WAR:APT) E10: zł2.35 (As of Mar. 2026)


WAR:APT Apator SA WAR:APT
88 GF Score
Price zł26.15
GF Value zł19.75
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Apator E10?

Apator WAR:APT +1.55% 88 E10 is zł2.35 as of Mar. 2026. GuruFocus rates WAR:APT with a GF Score™ of 88/100 and a GF Value™ of zł19.75 (Significantly Overvalued). The stock has 7 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.

Apator's adjusted earnings per share data for the three months ended in Mar. 2026 was zł0.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł2.35 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Apator's average E10 Growth Rate was 1.30% per year. During the past 3 years, the average E10 Growth Rate was -1.50% per year. During the past 5 years, the average E10 Growth Rate was -0.30% 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 Apator was 6.10% per year. The lowest was -1.70% per year. And the median was 0.90% per year.

As of today (2026-06-26), Apator's current stock price is zł26.15. Apator's E10 for the quarter that ended in Mar. 2026 was zł2.35. Apator's Shiller PE Ratio of today is 11.13.

During the past 13 years, the highest Shiller PE Ratio of Apator was 13.73. The lowest was 5.32. And the median was 8.88.


Apator  (WAR:APT) 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.

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

Shiller PE Ratio=Share Price/E10
=26.15/2.35
=11.13

* 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 Apator was 13.73. The lowest was 5.32. And the median was 8.88.


Be Aware

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


Apator E10 Related Terms


Apator E10 Historical Data

* Premium members only.

The historical data trend for Apator'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.

Apator E10 Chart

Apator 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 2.45 2.46 2.37 2.33 2.35

Apator 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 2.32 2.32 2.32 2.35 2.35

WAR:APT vs VRT, BE, NVT: E10 Comparison

For the Electrical Equipment & Parts subindustry, Apator'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.


Apator Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Apator's Shiller PE Ratio distribution charts can be found below:

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


WAR:APT
88GF Score
Apator SA WAR:APT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apator 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, Apator'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)
=0.69/158.3232*158.3232
=0.690

Current CPI (Mar. 2026) = 158.3232.

Apator Quarterly Data

per share eps CPI Adj_EPS
201606 0.470 99.552 0.747
201609 0.214 99.064 0.342
201612 0.780 100.366 1.230
201703 0.570 101.018 0.893
201706 0.400 101.180 0.626
201709 0.508 101.343 0.794
201712 -0.140 102.564 -0.216
201803 0.490 102.564 0.756
201806 0.690 103.378 1.057
201809 0.578 103.378 0.885
201812 0.491 103.785 0.749
201903 0.520 104.274 0.790
201906 0.500 105.983 0.747
201909 0.491 105.983 0.733
201912 0.281 107.123 0.415
202003 0.580 109.076 0.842
202006 0.490 109.402 0.709
202009 0.571 109.320 0.827
202012 0.376 109.565 0.543
202103 1.380 112.658 1.939
202106 0.310 113.960 0.431
202109 0.469 115.588 0.642
202112 -0.035 119.088 -0.047
202203 -0.140 125.031 -0.177
202206 0.170 131.705 0.204
202209 -0.107 135.531 -0.125
202212 0.313 139.113 0.356
202303 0.290 145.950 0.315
202306 0.130 147.009 0.140
202309 0.720 146.113 0.780
202312 -0.439 147.741 -0.470
202403 0.410 149.044 0.436
202406 0.910 150.997 0.954
202409 0.600 153.439 0.619
202412 0.600 154.660 0.614
202503 0.410 157.021 0.413
202506 0.610 157.509 0.613
202509 0.800 157.998 0.802
202512 0.900 158.323 0.900
202603 0.690 158.323 0.690

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 zł2.35 mean?
Apator (WAR:APT) has a E10 of zł2.35 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Apator and its competitors.
Is Apator's E10 too high?
Apator's current E10 is zł2.35. Overall, Apator has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apator's E10 compare to VRT and BE?
Apator's E10 of zł2.35 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good E10 depends on the Industrial Products 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 Apator and its competitors. Apator's current E10 is zł2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apator stock overvalued right now?
Based on GuruFocus' analysis, Apator (WAR:APT) is currently considered Significantly Overvalued. The stock's GF Value™ is zł19.75, compared to a current price of zł26.15 — trading 32.4% above its estimated fair value. The current E10 is zł2.35. Apator's overall GF Score™ is 88/100 with 7 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 Apator (WAR:APT), the current E10 is zł2.35 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 Apator (WAR:APT) Overvalued in 2026?

Based on GuruFocus' analysis, Apator stock appears to be overvalued. The current stock price of zł26.15 is trading 32.4% above its estimated GF Value™ of zł19.75. GuruFocus considers Apator to be Significantly Overvalued.

Key valuation signals for WAR:APT:

  • E10: zł2.35
  • GF Value™: zł19.75 vs. price of zł26.15 (32.4% above fair value)
  • GF Score™: 88/100 with 7 warning signs

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


Apator Business Description

Other Exchanges 8QM:Germany
Address ul. Gdańska 4a, lok C4, Torun, POL, 87-100
Apator SA manufactures and sells metering and switchgear equipment in Poland and internationally. Its products include electricity meters, such as smart, electronic, prepayment, and induction meters, as well as smart grid systems comprising remote data read out and prepayment systems; and water meters, heat meters and volume parts for heat meters, heating cost allocators, remote reading systems, installation fittings, test and measurement products, and other products.
88GF Score

Get the complete analysis for WAR:APT

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

zł26.15
Price
zł19.75
GF Value