Ecnology Group (WAR:ECN) E10: zł0.04 (As of Dec. 2025)


What is Ecnology Group E10?

Ecnology Group WAR:ECN E10 is zł0.04 as of Dec. 2025. The stock has 6 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.

Ecnology Group's adjusted earnings per share data for the three months ended in Dec. 2025 was zł-0.007. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.04 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Ecnology Group's average E10 Growth Rate was -20.00% 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 Ecnology Group was 18.60% per year. The lowest was 0.00% per year. And the median was 9.30% per year.

As of today (2026-07-02), Ecnology Group's current stock price is zł0.672. Ecnology Group's E10 for the quarter that ended in Dec. 2025 was zł0.04. Ecnology Group's Shiller PE Ratio of today is 16.80.

During the past 13 years, the highest Shiller PE Ratio of Ecnology Group was 67.67. The lowest was 8.16. And the median was 16.80.


Ecnology Group  (WAR:ECN) 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.

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

Shiller PE Ratio=Share Price/E10
=0.672/0.04
=16.80

* 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 Ecnology Group was 67.67. The lowest was 8.16. And the median was 16.80.


Be Aware

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


Ecnology Group E10 Related Terms


Ecnology Group E10 Historical Data

* Premium members only.

The historical data trend for Ecnology Group'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.

Ecnology Group E10 Chart

Ecnology Group 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 0.03 0.04 0.06 0.05 0.04

Ecnology Group Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.05 0.05 0.00 0.04 0.04

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

For the Electronic Components subindustry, Ecnology Group'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.


Ecnology Group Shiller PE Ratio vs Hardware Industry

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

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



Ecnology Group 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, Ecnology Group's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=-0.007/158.3232*158.3232
=-0.007

Current CPI (Dec. 2025) = 158.3232.

Ecnology Group Quarterly Data

per share eps CPI Adj_EPS
201603 -0.098 98.983 -0.157
201606 0.029 99.552 0.046
201609 0.011 99.064 0.018
201612 -0.084 100.366 -0.133
201703 0.018 101.018 0.028
201706 0.031 101.180 0.049
201709 0.012 101.343 0.019
201712 0.006 102.564 0.009
201803 0.025 102.564 0.039
201806 0.035 103.378 0.054
201809 0.009 103.378 0.014
201812 -0.042 103.785 -0.064
201903 0.059 104.274 0.090
201906 0.052 105.983 0.078
201909 -0.027 105.983 -0.040
201912 0.041 107.123 0.061
202003 0.047 109.076 0.068
202006 0.068 109.402 0.098
202009 0.013 109.320 0.019
202012 -0.018 109.565 -0.026
202103 0.023 112.658 0.032
202106 -0.003 113.960 -0.004
202109 0.018 115.588 0.025
202112 -0.086 119.088 -0.114
202203 0.048 125.031 0.061
202206 0.029 131.705 0.035
202209 0.031 135.531 0.036
202212 -0.016 139.113 -0.018
202303 0.069 145.950 0.075
202306 0.031 147.009 0.033
202309 0.008 146.113 0.009
202312 0.004 147.741 0.004
202403 0.091 149.044 0.097
202406 -0.054 150.997 -0.057
202409 -0.005 153.439 -0.005
202412 -0.009 154.660 -0.009
202503 -0.022 157.021 -0.022
202506 0.000 157.509 0.000
202509 -0.030 157.998 -0.030
202512 -0.007 158.323 -0.007

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 zł0.04 mean?
Ecnology Group (WAR:ECN) has a E10 of zł0.04 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ecnology Group and its competitors.
Is Ecnology Group's E10 too high?
Ecnology Group's current E10 is zł0.04.
How does Ecnology Group's E10 compare to APH and TEL?
Ecnology Group's E10 of zł0.04 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 Ecnology Group and its competitors. Ecnology Group's current E10 is zł0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecnology Group stock overvalued right now?
Ecnology Group (WAR:ECN) has a current E10 of zł0.04. The stock's GF Value™ is zł0.27, compared to a current price of zł0.67 — trading 148.9% above its estimated fair value. The current E10 is zł0.04. 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 Ecnology Group (WAR:ECN), the current E10 is zł0.04 as of Dec. 2025. 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.

Ecnology Group Business Description

Address ul. Akademijna 27, Jablonna, POL, 05-110
Ecnology Group SA is a technology company from the energy sector, part of a production and distribution group that has its own patented, technological solutions. It is the exclusive distributor of Smart Optimizer ECOD and Watt Optimizer Analytics devices in Poland. Its product includes Smart Optimizer ECOD.