Izostal (WAR:IZS) E10: zł0.61 (As of Mar. 2026)

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Vera Yuan
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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.
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Charlie Tian
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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:IZS Izostal SA WAR:IZS
77 GF Score
Price zł2.96
GF Value zł2.85
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Izostal E10?

Izostal WAR:IZS +0.34% 77 E10 is zł0.61 as of Mar. 2026. GuruFocus rates WAR:IZS with a GF Score™ of 77/100 and a GF Value™ of zł2.85 (Fairly Valued). 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.

Izostal's adjusted earnings per share data for the three months ended in Mar. 2026 was zł0.490. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.61 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Izostal's average E10 Growth Rate was 15.10% per year. During the past 3 years, the average E10 Growth Rate was 5.40% 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 Izostal was 6.70% per year. The lowest was 5.40% per year. And the median was 6.05% per year.

As of today (2026-07-29), Izostal's current stock price is zł2.96. Izostal's E10 for the quarter that ended in Mar. 2026 was zł0.61. Izostal's Shiller PE Ratio of today is 4.85.

During the past 13 years, the highest Shiller PE Ratio of Izostal was 9.00. The lowest was 4.72. And the median was 5.54.


Izostal  (WAR:IZS) 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.

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

Shiller PE Ratio=Share Price/E10
=2.96/0.61
=4.85

* 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 Izostal was 9.00. The lowest was 4.72. And the median was 5.54.


Be Aware

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


Izostal E10 Related Terms


Izostal E10 Historical Data

* Premium members only.

The historical data trend for Izostal'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.

Izostal E10 Chart

Izostal 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 0.42 0.47 0.48 0.51 0.55

Izostal 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 0.53 0.54 0.55 0.55 0.61

WAR:IZS vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Izostal'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.


Izostal Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Izostal's Shiller PE Ratio distribution charts can be found below:

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


WAR:IZS
77GF Score
Izostal SA WAR:IZS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Izostal 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, Izostal'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)
=0.49/163.0700*163.0700
=0.490

Current CPI (Mar. 2026) = 163.0700.

Izostal Quarterly Data

per share eps CPI Adj_EPS
201606 0.050 99.552 0.082
201609 0.072 99.064 0.119
201612 0.080 100.366 0.130
201703 0.050 101.018 0.081
201706 0.060 101.180 0.097
201709 0.082 101.343 0.132
201712 0.090 102.564 0.143
201803 0.110 102.564 0.175
201806 0.100 103.378 0.158
201809 0.169 103.378 0.267
201812 0.110 103.785 0.173
201903 0.130 104.274 0.203
201906 0.100 105.983 0.154
201909 0.079 105.983 0.122
201912 0.090 107.123 0.137
202003 0.120 109.076 0.179
202006 0.140 109.402 0.209
202009 0.100 109.320 0.149
202012 0.100 109.565 0.149
202103 0.170 112.658 0.246
202106 0.170 113.960 0.243
202109 0.133 115.588 0.188
202112 0.100 119.088 0.137
202203 0.130 125.031 0.170
202206 0.182 131.705 0.225
202209 0.258 135.531 0.310
202212 0.120 139.113 0.141
202303 0.130 145.950 0.145
202306 0.088 147.009 0.098
202309 0.095 146.113 0.106
202312 0.050 147.741 0.055
202403 0.100 149.044 0.109
202406 0.091 150.997 0.098
202409 0.063 153.439 0.067
202412 0.060 154.660 0.063
202503 0.100 157.021 0.104
202506 0.153 157.509 0.158
202509 0.104 158.000 0.107
202512 0.030 158.320 0.031
202603 0.490 163.070 0.490

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 zł0.61 mean?
Izostal (WAR:IZS) has a E10 of zł0.61 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Izostal and its competitors.
Is Izostal's E10 too high?
Izostal's current E10 is zł0.61. Overall, Izostal has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Izostal's E10 compare to NUE and STLD?
Izostal's E10 of zł0.61 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Izostal and its competitors. Izostal's current E10 is zł0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Izostal stock overvalued right now?
Based on GuruFocus' analysis, Izostal (WAR:IZS) is currently considered Fairly Valued. The stock's GF Value™ is zł2.85, compared to a current price of zł2.96 — trading 3.9% above its estimated fair value. The current E10 is zł0.61. Izostal's overall GF Score™ is 77/100 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 Izostal (WAR:IZS), the current E10 is zł0.61 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 Izostal (WAR:IZS) Overvalued in 2026?

Based on GuruFocus' analysis, Izostal stock appears to be overvalued. The current stock price of zł2.96 is trading 3.9% above its estimated GF Value™ of zł2.85. GuruFocus considers Izostal to be Fairly Valued.

Key valuation signals for WAR:IZS:

  • E10: zł0.61
  • GF Value™: zł2.85 vs. price of zł2.96 (3.9% above fair value)
  • GF Score™: 77/100 with 2 warning signs

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


Izostal Business Description

Address ul Polna 3, Zawadzkie, POL, 47-120
Izostal SA is a Poland-based company involved in the steel industry. It is engaged in the manufacturing and distribution of steel pipes, metallurgical products, and steel fixtures. It offers external anticorrosive coatings for steel pipes used mainly for constructing transmission pipelines.
77GF Score

Get the complete analysis for WAR:IZS

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

zł2.96
Price
zł2.85
GF Value