Herkules (WAR:HRS) E10: zł-0.35 (As of Mar. 2026)


WAR:HRS Herkules SA WAR:HRS
41 GF Score
Price zł1.46
GF Value zł0.70
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Herkules E10?

Herkules WAR:HRS -5.50% 41 E10 is zł-0.35 as of Mar. 2026. GuruFocus rates WAR:HRS with a GF Score™ of 41/100 and a GF Value™ of zł0.70 (Significantly Overvalued). The stock has 3 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.

Herkules's adjusted earnings per share data for the three months ended in Mar. 2026 was zł-0.050. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł-0.35 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 (2026-07-01), Herkules's current stock price is zł1.46. Herkules's E10 for the quarter that ended in Mar. 2026 was zł-0.35. Herkules's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Herkules was 21.50. The lowest was 4.27. And the median was 14.32.


Herkules  (WAR:HRS) 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.

During the past 13 years, the highest Shiller P/E Ratio of Herkules was 21.50. The lowest was 4.27. And the median was 14.32.


Be Aware

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


Herkules E10 Related Terms


Herkules E10 Historical Data

* Premium members only.

The historical data trend for Herkules'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.

Herkules E10 Chart

Herkules Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.08 0.07 -0.15 -0.20

Herkules Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 -0.20 -0.21 -0.24 -0.27 -0.35

WAR:HRS vs URI, SUNB, AER: E10 Comparison

For the Rental & Leasing Services subindustry, Herkules'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.


Herkules Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Herkules's Shiller PE Ratio distribution charts can be found below:

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


WAR:HRS
41GF Score
Herkules SA WAR:HRS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Herkules 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, Herkules'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)
=-0.05/158.3232*158.3232
=-0.050

Current CPI (Mar. 2026) = 158.3232.

Herkules Quarterly Data

per share eps CPI Adj_EPS
201603 -0.010 98.983 -0.016
201606 0.158 99.552 0.251
201609 0.064 99.064 0.102
201612 0.027 100.366 0.043
201703 0.050 101.018 0.078
201706 0.060 101.180 0.094
201709 0.037 101.343 0.058
201712 -0.102 102.564 -0.157
201803 0.050 102.564 0.077
201806 0.040 103.378 0.061
201809 0.080 103.378 0.123
201812 0.000 103.785 0.000
201903 0.030 104.274 0.046
201906 -0.050 105.983 -0.075
201909 -0.820 105.983 -1.225
201912 -0.190 107.123 -0.281
202003 0.040 109.076 0.058
202006 0.020 109.402 0.029
202009 0.020 109.320 0.029
202012 0.050 109.565 0.072
202103 -0.010 112.658 -0.014
202106 0.060 113.960 0.083
202109 0.040 115.588 0.055
202112 -0.070 119.088 -0.093
202203 0.003 125.031 0.004
202206 -0.063 131.705 -0.076
202209 -0.170 135.531 -0.199
202212 0.040 139.113 0.046
202303 -0.020 145.950 -0.022
202306 -1.870 147.009 -2.014
202309 -0.120 146.113 -0.130
202312 -0.020 147.741 -0.021
202403 -0.010 149.044 -0.011
202406 -0.070 150.997 -0.073
202409 -0.110 153.439 -0.114
202412 0.040 154.660 0.041
202503 -0.070 157.021 -0.071
202506 -0.110 157.509 -0.111
202509 -0.010 157.998 -0.010
202603 -0.050 158.323 -0.050

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-0.35 mean?
Herkules (WAR:HRS) has a E10 of zł-0.35 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Herkules and its competitors.
Is Herkules' E10 too high?
Herkules' current E10 is zł-0.35. Overall, Herkules has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Herkules' E10 compare to URI and SUNB?
Herkules' E10 of zł-0.35 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 Herkules and its competitors. Herkules's current E10 is zł-0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Herkules stock overvalued right now?
Based on GuruFocus' analysis, Herkules (WAR:HRS) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.70, compared to a current price of zł1.46 — trading 108.6% above its estimated fair value. The current E10 is zł-0.35. Herkules' overall GF Score™ is 41/100 with 3 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 Herkules (WAR:HRS), the current E10 is zł-0.35 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 Herkules (WAR:HRS) Overvalued in 2026?

Based on GuruFocus' analysis, Herkules stock appears to be overvalued. The current stock price of zł1.46 is trading 108.6% above its estimated GF Value™ of zł0.70. GuruFocus considers Herkules to be Significantly Overvalued.

Key valuation signals for WAR:HRS:

  • E10: zł-0.35
  • GF Value™: zł0.70 vs. price of zł1.46 (108.6% above fair value)
  • GF Score™: 41/100 with 3 warning signs

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


Herkules Business Description

Address 5 Annopol Street, Warszawa, POL, 03-236
Herkules SA is engaged in the hoisting equipment rental and oversize load shipping activities in Poland. It rents tower, field, self-propelled, and tracked cranes, as well as offers professional engineer, operator support, and technical advisory services. The company also provides construction and assembly services for general structures, wind farms, telecommunications, and electrical energy facilities.
41GF Score

Get the complete analysis for WAR:HRS

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

zł1.46
Price
zł0.70
GF Value