Caspar Asset Management (WAR:CSR) E10: zł1.08 (As of Mar. 2026)


WAR:CSR Caspar Asset Management SA WAR:CSR
69 GF Score
Price zł5.65
GF Value zł12.90
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Caspar Asset Management E10?

Caspar Asset Management WAR:CSR -8.87% 69 E10 is zł1.08 as of Mar. 2026. GuruFocus rates WAR:CSR with a GF Score™ of 69/100 and a GF Value™ of zł12.90 (Possible Value Trap). The stock has 4 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.

Caspar Asset Management's adjusted earnings per share data for the three months ended in Mar. 2026 was zł0.100. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł1.08 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Caspar Asset Management's average E10 Growth Rate was 8.00% per year. During the past 3 years, the average E10 Growth Rate was 5.70% 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 Caspar Asset Management was 11.30% per year. The lowest was 5.70% per year. And the median was 8.50% per year.

As of today (2026-07-13), Caspar Asset Management's current stock price is zł5.65. Caspar Asset Management's E10 for the quarter that ended in Mar. 2026 was zł1.08. Caspar Asset Management's Shiller PE Ratio of today is 5.23.

During the past 13 years, the highest Shiller PE Ratio of Caspar Asset Management was 35.71. The lowest was 3.65. And the median was 10.62.


Caspar Asset Management  (WAR:CSR) 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.

Caspar Asset Management's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=5.65/1.08
=5.23

* 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 Caspar Asset Management was 35.71. The lowest was 3.65. And the median was 10.62.


Be Aware

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


Caspar Asset Management E10 Related Terms


Caspar Asset Management E10 Historical Data

* Premium members only.

The historical data trend for Caspar Asset Management'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.

Caspar Asset Management E10 Chart

Caspar Asset Management 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 0.71 0.88 0.95 0.98 1.04

Caspar Asset Management 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 1.00 0.00 1.04 1.04 1.08

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

For the Asset Management subindustry, Caspar Asset Management'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.


Caspar Asset Management Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Caspar Asset Management's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Caspar Asset Management's Shiller PE Ratio falls into.


WAR:CSR
69GF Score
Caspar Asset Management SA WAR:CSR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Caspar Asset Management 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, Caspar Asset Management'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)
=0.1/163.0700*163.0700
=0.100

Current CPI (Mar. 2026) = 163.0700.

Caspar Asset Management Quarterly Data

per share eps CPI Adj_EPS
201606 0.013 99.552 0.021
201609 0.034 99.064 0.056
201612 0.071 100.366 0.115
201703 0.044 101.018 0.071
201706 0.039 101.180 0.063
201709 0.025 101.343 0.040
201712 0.137 102.564 0.218
201803 0.024 102.564 0.038
201806 0.015 103.378 0.024
201809 0.043 103.378 0.068
201812 0.046 103.785 0.072
201903 0.028 104.274 0.044
201906 0.096 105.983 0.148
201909 0.054 105.983 0.083
201912 0.229 107.123 0.349
202003 0.083 109.076 0.124
202006 0.372 109.402 0.554
202009 0.151 109.320 0.225
202012 2.050 109.565 3.051
202103 1.060 112.658 1.534
202106 0.228 113.960 0.326
202109 1.260 115.588 1.778
202112 0.166 119.088 0.227
202203 0.180 125.031 0.235
202206 0.060 131.705 0.074
202209 0.110 135.531 0.132
202212 0.080 139.113 0.094
202303 0.110 145.950 0.123
202306 0.050 147.009 0.055
202309 0.060 146.113 0.067
202312 0.030 147.741 0.033
202403 0.040 149.044 0.044
202406 0.060 150.997 0.065
202409 0.070 153.439 0.074
202412 -0.030 154.660 -0.032
202503 0.070 157.021 0.073
202506 0.000 157.509 0.000
202509 0.120 158.000 0.124
202512 0.060 158.320 0.062
202603 0.100 163.070 0.100

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 zł1.08 mean?
Caspar Asset Management (WAR:CSR) has a E10 of zł1.08 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Caspar Asset Management and its competitors.
Is Caspar Asset Management's E10 too high?
Caspar Asset Management's current E10 is zł1.08. Overall, Caspar Asset Management has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Caspar Asset Management's E10 compare to BLK and BX?
Caspar Asset Management's E10 of zł1.08 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 Caspar Asset Management and its competitors. Caspar Asset Management's current E10 is zł1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caspar Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Caspar Asset Management (WAR:CSR) is currently considered Possible Value Trap. The stock's GF Value™ is zł12.90, compared to a current price of zł5.65 — trading 56.2% below its estimated fair value. The current E10 is zł1.08. Caspar Asset Management's overall GF Score™ is 69/100 with 4 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 Caspar Asset Management (WAR:CSR), the current E10 is zł1.08 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 Caspar Asset Management (WAR:CSR) Overvalued in 2026?

Based on GuruFocus' analysis, Caspar Asset Management stock appears to be undervalued. The current stock price of zł5.65 is trading 56.2% below its estimated GF Value™ of zł12.90. GuruFocus considers Caspar Asset Management to be Possible Value Trap.

Key valuation signals for WAR:CSR:

  • E10: zł1.08
  • GF Value™: zł12.90 vs. price of zł5.65 (56.2% below fair value)
  • GF Score™: 69/100 with 4 warning signs

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


Caspar Asset Management Business Description

Address ulica Połwiejska 32, Poznan, POL, 61-888
Caspar Asset Management SA is an asset management company. The company offers asset management services such as investment advice, asset administration to individuals and institutional investors in Poland.
69GF Score

Get the complete analysis for WAR:CSR

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

zł5.65
Price
zł12.90
GF Value