Browar Czarnkow (WAR:BRO) E10: zł-0.26 (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.

What is Browar Czarnkow E10?

Browar Czarnkow WAR:BRO E10 is zł-0.26 as of Mar. 2026. 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.

Browar Czarnkow's adjusted earnings per share data for the three months ended in Mar. 2026 was zł-0.004. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł-0.26 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 42.60% 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 Browar Czarnkow was 42.60% per year. The lowest was 30.00% per year. And the median was 36.30% per year.

As of today (2026-08-05), Browar Czarnkow's current stock price is zł0.099. Browar Czarnkow's E10 for the quarter that ended in Mar. 2026 was zł-0.26. Browar Czarnkow's Shiller PE Ratio of today is .


Browar Czarnkow  (WAR:BRO) 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.


Browar Czarnkow E10 Related Terms


Browar Czarnkow E10 Historical Data

* Premium members only.

The historical data trend for Browar Czarnkow'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.

Browar Czarnkow E10 Chart

Browar Czarnkow 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 -1.08 -1.48 -1.28 -0.37 -0.28

Browar Czarnkow 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 -0.37 -0.35 -0.32 -0.28 -0.26

WAR:BRO vs STZ, TAP: E10 Comparison

For the Beverages - Brewers subindustry, Browar Czarnkow'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.


Browar Czarnkow Shiller PE Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Browar Czarnkow's Shiller PE Ratio distribution charts can be found below:

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



Browar Czarnkow 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, Browar Czarnkow'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)
=-0.004/163.0700*163.0700
=-0.004

Current CPI (Mar. 2026) = 163.0700.

Browar Czarnkow Quarterly Data

per share eps CPI Adj_EPS
201606 -0.057 99.552 -0.093
201609 -0.074 99.064 -0.122
201612 -0.142 100.366 -0.231
201703 -0.076 101.018 -0.123
201706 -0.017 101.180 -0.027
201709 -0.036 101.343 -0.058
201712 -0.178 102.564 -0.283
201803 -0.073 102.564 -0.116
201806 -0.030 103.378 -0.047
201809 -0.031 103.378 -0.049
201812 -0.124 103.785 -0.195
201903 -0.055 104.274 -0.086
201906 -0.051 105.983 -0.078
201909 -0.048 105.983 -0.074
201912 -0.106 107.123 -0.161
202003 -0.072 109.076 -0.108
202006 -0.052 109.402 -0.078
202009 -0.046 109.320 -0.069
202012 -0.153 109.565 -0.228
202103 -0.085 112.658 -0.123
202106 -0.051 113.960 -0.073
202109 -0.033 115.588 -0.047
202112 0.010 119.088 0.014
202203 -0.012 125.031 -0.016
202206 -0.009 131.705 -0.011
202209 -0.010 135.531 -0.012
202212 -0.029 139.113 -0.034
202303 -0.005 145.950 -0.006
202306 -0.003 147.009 -0.003
202309 -0.005 146.113 -0.006
202312 -0.005 147.741 -0.006
202403 -0.003 149.044 -0.003
202406 -0.011 150.997 -0.012
202409 -0.006 153.439 -0.006
202412 -0.014 154.660 -0.015
202503 -0.005 157.021 -0.005
202506 -0.008 157.509 -0.008
202509 -0.002 158.000 -0.002
202512 -0.002 158.320 -0.002
202603 -0.004 163.070 -0.004

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-0.26 mean?
Browar Czarnkow (WAR:BRO) has a E10 of zł-0.26 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Browar Czarnkow and its competitors.
Is Browar Czarnkow's E10 too high?
Browar Czarnkow's current E10 is zł-0.26.
How does Browar Czarnkow's E10 compare to STZ and TAP?
Browar Czarnkow's E10 of zł-0.26 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good E10 depends on the Beverages - Alcoholic 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 Browar Czarnkow and its competitors. Browar Czarnkow's current E10 is zł-0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Browar Czarnkow stock overvalued right now?
Based on GuruFocus' analysis, Browar Czarnkow (WAR:BRO) is currently considered Modestly Undervalued. The stock's GF Value™ is zł0.11, compared to a current price of zł0.10 — trading 10% below its estimated fair value. The current E10 is zł-0.26. 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 Browar Czarnkow (WAR:BRO), the current E10 is zł-0.26 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.

Browar Czarnkow Business Description

Address Kamionka 21, Chodziez, POL, 64-800
Browar Czarnkow SA operates as a brewery company. The company produces a wide range of its own branded beers. Its brand includes Noteckie Pils, Noteckie Bright Full, Noteckie Ciemne Eire, Noteckie Amber, Noteckie Jubilee and among others.