Carpathia Capital Alternatywna Spolka Inwestycyjna (WAR:CRC) E10: zł0.16 (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.

WAR:CRC Carpathia Capital Alternatywna Spolka Inwestycyjna SA WAR:CRC
54 GF Score
Price zł1.52
GF Value zł0.21
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Carpathia Capital Alternatywna Spolka Inwestycyjna E10?

Carpathia Capital Alternatywna Spolka Inwestycyjna WAR:CRC 54 E10 is zł0.16 as of Mar. 2026. GuruFocus rates WAR:CRC with a GF Score™ of 54/100 and a GF Value™ of zł0.21 (Significantly Overvalued). The stock has 2 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.

Carpathia Capital Alternatywna Spolka Inwestycyjna's adjusted earnings per share data for the three months ended in Mar. 2026 was zł0.048. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.16 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 (2026-07-27), Carpathia Capital Alternatywna Spolka Inwestycyjna's current stock price is zł1.52. Carpathia Capital Alternatywna Spolka Inwestycyjna's E10 for the quarter that ended in Mar. 2026 was zł0.16. Carpathia Capital Alternatywna Spolka Inwestycyjna's Shiller PE Ratio of today is 9.50.

During the past 12 years, the highest Shiller PE Ratio of Carpathia Capital Alternatywna Spolka Inwestycyjna was 11.58. The lowest was 5.68. And the median was 9.33.


Carpathia Capital Alternatywna Spolka Inwestycyjna  (WAR:CRC) 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.

Carpathia Capital Alternatywna Spolka Inwestycyjna's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.52/0.16
=9.50

* 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 12 years, the highest Shiller P/E Ratio of Carpathia Capital Alternatywna Spolka Inwestycyjna was 11.58. The lowest was 5.68. And the median was 9.33.


Be Aware

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


Carpathia Capital Alternatywna Spolka Inwestycyjna E10 Related Terms


Carpathia Capital Alternatywna Spolka Inwestycyjna E10 Historical Data

* Premium members only.

The historical data trend for Carpathia Capital Alternatywna Spolka Inwestycyjna'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.

Carpathia Capital Alternatywna Spolka Inwestycyjna E10 Chart

Carpathia Capital Alternatywna Spolka Inwestycyjna 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 0.15

Carpathia Capital Alternatywna Spolka Inwestycyjna 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 0.00 0.17 0.34 0.15 0.16

WAR:CRC vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, Carpathia Capital Alternatywna Spolka Inwestycyjna'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.


Carpathia Capital Alternatywna Spolka Inwestycyjna Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Carpathia Capital Alternatywna Spolka Inwestycyjna's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Carpathia Capital Alternatywna Spolka Inwestycyjna's Shiller PE Ratio falls into.


WAR:CRC
54GF Score
Carpathia Capital Alternatywna Spolka Inwestycyjna SA WAR:CRC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carpathia Capital Alternatywna Spolka Inwestycyjna 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, Carpathia Capital Alternatywna Spolka Inwestycyjna'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)
=0.048/163.0700*163.0700
=0.048

Current CPI (Mar. 2026) = 163.0700.

Carpathia Capital Alternatywna Spolka Inwestycyjna Quarterly Data

per share eps CPI Adj_EPS
201606 0.157 99.552 0.257
201609 -0.008 99.064 -0.013
201612 0.015 100.366 0.024
201703 -0.012 101.018 -0.019
201706 -0.032 101.180 -0.052
201709 0.187 101.343 0.301
201712 0.038 102.564 0.060
201803 0.014 102.564 0.022
201806 0.166 103.378 0.262
201809 -0.098 103.378 -0.155
201812 0.027 103.785 0.042
201903 0.078 104.274 0.122
201906 0.233 105.983 0.359
201909 -0.111 105.983 -0.171
201912 -0.100 107.123 -0.152
202003 0.133 109.076 0.199
202006 0.183 109.402 0.273
202009 1.192 109.320 1.778
202012 -0.540 109.565 -0.804
202103 0.797 112.658 1.154
202106 0.111 113.960 0.159
202109 0.592 115.588 0.835
202112 -0.946 119.088 -1.295
202203 -0.193 125.031 -0.252
202206 -0.389 131.705 -0.482
202209 -0.283 135.531 -0.341
202212 0.285 139.113 0.334
202303 -0.220 145.950 -0.246
202306 -0.031 147.009 -0.034
202309 0.088 146.113 0.098
202312 -0.332 147.741 -0.366
202403 -0.284 149.044 -0.311
202406 -0.189 150.997 -0.204
202409 -0.102 153.439 -0.108
202412 -0.371 154.660 -0.391
202503 0.184 157.021 0.191
202506 0.409 157.509 0.423
202509 -0.106 158.000 -0.109
202512 -0.432 158.320 -0.445
202603 0.048 163.070 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 zł0.16 mean?
Carpathia Capital Alternatywna Spolka Inwestycyjna (WAR:CRC) has a E10 of zł0.16 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Carpathia Capital Alternatywna Spolka Inwestycyjna and its competitors.
Is Carpathia Capital Alternatywna Spolka Inwestycyjna's E10 too high?
Carpathia Capital Alternatywna Spolka Inwestycyjna's current E10 is zł0.16. Overall, Carpathia Capital Alternatywna Spolka Inwestycyjna has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Carpathia Capital Alternatywna Spolka Inwestycyjna's E10 compare to BLK and BX?
Carpathia Capital Alternatywna Spolka Inwestycyjna's E10 of zł0.16 can be compared against companies in the Asset Management 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 Asset Management company?
A good E10 depends on the Asset Management 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 Carpathia Capital Alternatywna Spolka Inwestycyjna and its competitors. Carpathia Capital Alternatywna Spolka Inwestycyjna's current E10 is zł0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carpathia Capital Alternatywna Spolka Inwestycyjna stock overvalued right now?
Based on GuruFocus' analysis, Carpathia Capital Alternatywna Spolka Inwestycyjna (WAR:CRC) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.21, compared to a current price of zł1.52 — trading 623.8% above its estimated fair value. The current E10 is zł0.16. Carpathia Capital Alternatywna Spolka Inwestycyjna's overall GF Score™ is 54/100 with 2 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 Carpathia Capital Alternatywna Spolka Inwestycyjna (WAR:CRC), the current E10 is zł0.16 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 Carpathia Capital Alternatywna Spolka Inwestycyjna (WAR:CRC) Overvalued in 2026?

Based on GuruFocus' analysis, Carpathia Capital Alternatywna Spolka Inwestycyjna stock appears to be overvalued. The current stock price of zł1.52 is trading 623.8% above its estimated GF Value™ of zł0.21. GuruFocus considers Carpathia Capital Alternatywna Spolka Inwestycyjna to be Significantly Overvalued.

Key valuation signals for WAR:CRC:

  • E10: zł0.16
  • GF Value™: zł0.21 vs. price of zł1.52 (623.8% above fair value)
  • GF Score™: 54/100 with 2 warning signs

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


Carpathia Capital Alternatywna Spolka Inwestycyjna Business Description

Other Exchanges CRPC:Romania
Address Krasinskiego Street No. 16, Poznan, POL, 60-830
Carpathia Capital Alternatywna Spolka Inwestycyjna SA is an investment company. The company focused only on direct private equity/venture capital investment activities. Geographically, it operates only in Poland. Its investment objective is to achieve long-term capital growth by investing in a diversified portfolio of financial instruments. The company serves small and medium-sized enterprises and local government units.
54GF Score

Get the complete analysis for WAR:CRC

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

zł1.52
Price
zł0.21
GF Value