Grempco (WAR:GRM) E10: zł0.11 (As of Mar. 2026)


WAR:GRM Grempco SA WAR:GRM
42 GF Score
Price zł1.60
GF Value zł0.37
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Grempco E10?

Grempco WAR:GRM +9.59% 42 E10 is zł0.11 as of Mar. 2026. GuruFocus rates WAR:GRM with a GF Score™ of 42/100 and a GF Value™ of zł0.37 (Significantly Overvalued). The stock has 9 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.

Grempco's adjusted earnings per share data for the three months ended in Mar. 2026 was zł0.055. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.11 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Grempco's average E10 Growth Rate was 10.00% per year. During the past 3 years, the average E10 Growth Rate was 12.60% 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 Grempco was 21.60% per year. The lowest was 12.60% per year. And the median was 17.10% per year.

As of today (2026-06-29), Grempco's current stock price is zł1.60. Grempco's E10 for the quarter that ended in Mar. 2026 was zł0.11. Grempco's Shiller PE Ratio of today is 14.55.

During the past 13 years, the highest Shiller PE Ratio of Grempco was 22.75. The lowest was 6.44. And the median was 9.95.


Grempco  (WAR:GRM) 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.

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

Shiller PE Ratio=Share Price/E10
=1.60/0.11
=14.55

* 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 Grempco was 22.75. The lowest was 6.44. And the median was 9.95.


Be Aware

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


Grempco E10 Related Terms


Grempco E10 Historical Data

* Premium members only.

The historical data trend for Grempco'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.

Grempco E10 Chart

Grempco 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 0.05 0.07 0.08 0.09 0.10

Grempco 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 0.10 0.10 0.10 0.10 0.11

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

For the Asset Management subindustry, Grempco'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.


Grempco Shiller PE Ratio vs Asset Management Industry

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

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


WAR:GRM
42GF Score
Grempco SA WAR:GRM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grempco 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, Grempco'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)
=0.055/158.3232*158.3232
=0.055

Current CPI (Mar. 2026) = 158.3232.

Grempco Quarterly Data

per share eps CPI Adj_EPS
201606 -0.001 99.552 -0.002
201609 -0.001 99.064 -0.002
201612 0.019 100.366 0.030
201703 0.000 101.018 0.000
201706 0.034 101.180 0.053
201709 0.001 101.343 0.002
201712 0.025 102.564 0.039
201803 0.045 102.564 0.069
201806 -0.003 103.378 -0.005
201809 0.002 103.378 0.003
201812 0.028 103.785 0.043
201903 0.047 104.274 0.071
201906 -0.005 105.983 -0.007
201909 -0.002 105.983 -0.003
201912 0.037 107.123 0.055
202003 0.032 109.076 0.046
202006 -0.003 109.402 -0.004
202009 0.001 109.320 0.001
202012 0.047 109.565 0.068
202103 0.031 112.658 0.044
202106 -0.005 113.960 -0.007
202109 0.016 115.588 0.022
202112 0.049 119.088 0.065
202203 0.041 125.031 0.052
202206 -0.007 131.705 -0.008
202209 0.015 135.531 0.018
202212 0.044 139.113 0.050
202303 0.042 145.950 0.046
202306 -0.006 147.009 -0.006
202309 0.015 146.113 0.016
202312 0.043 147.741 0.046
202403 0.051 149.044 0.054
202406 -0.010 150.997 -0.010
202409 0.016 153.439 0.017
202412 0.037 154.660 0.038
202503 0.053 157.021 0.053
202506 -0.003 157.509 -0.003
202509 0.031 157.998 0.031
202512 0.015 158.323 0.015
202603 0.055 158.323 0.055

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 zł0.11 mean?
Grempco (WAR:GRM) has a E10 of zł0.11 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Grempco and its competitors.
Is Grempco's E10 too high?
Grempco's current E10 is zł0.11. Overall, Grempco has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grempco's E10 compare to BLK and BX?
Grempco's E10 of zł0.11 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 Grempco and its competitors. Grempco's current E10 is zł0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grempco stock overvalued right now?
Based on GuruFocus' analysis, Grempco (WAR:GRM) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.37, compared to a current price of zł1.60 — trading 332.4% above its estimated fair value. The current E10 is zł0.11. Grempco's overall GF Score™ is 42/100 with 9 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 Grempco (WAR:GRM), the current E10 is zł0.11 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 Grempco (WAR:GRM) Overvalued in 2026?

Based on GuruFocus' analysis, Grempco stock appears to be overvalued. The current stock price of zł1.60 is trading 332.4% above its estimated GF Value™ of zł0.37. GuruFocus considers Grempco to be Significantly Overvalued.

Key valuation signals for WAR:GRM:

  • E10: zł0.11
  • GF Value™: zł0.37 vs. price of zł1.60 (332.4% above fair value)
  • GF Score™: 42/100 with 9 warning signs

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


Grempco Business Description

Address Lozienica, Ulica Prosta 2, Goleniow, POL, 72-100
Grempco SA is an equity investment portfolio management company. The company's investments are focused on high technology companies in the sector of engineering for construction.
42GF Score

Get the complete analysis for WAR:GRM

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

zł1.60
Price
zł0.37
GF Value