Lubawa (WAR:LBW) E10: zł0.32 (As of Mar. 2026)

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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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Founder & CEO of GuruFocus
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:LBW Lubawa SA WAR:LBW
86 GF Score
Price zł11.06
GF Value zł7.15
Valuation Significantly Overvalued
View Full Analysis

What is Lubawa E10?

Lubawa WAR:LBW -5.79% 86 E10 is zł0.32 as of Mar. 2026. GuruFocus rates WAR:LBW with a GF Score™ of 86/100 and a GF Value™ of zł7.15 (Significantly Overvalued).

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.

Lubawa's adjusted earnings per share data for the three months ended in Mar. 2026 was zł0.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł0.32 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Lubawa's average E10 Growth Rate was 45.50% per year. During the past 3 years, the average E10 Growth Rate was 39.70% per year. During the past 5 years, the average E10 Growth Rate was 29.40% 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 Lubawa was 39.70% per year. The lowest was 16.30% per year. And the median was 26.65% per year.

As of today (2026-08-11), Lubawa's current stock price is zł11.06. Lubawa's E10 for the quarter that ended in Mar. 2026 was zł0.32. Lubawa's Shiller PE Ratio of today is 34.56.

During the past 13 years, the highest Shiller PE Ratio of Lubawa was 52.41. The lowest was 7.54. And the median was 21.55.


Lubawa  (WAR:LBW) 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.

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

Shiller PE Ratio=Share Price/E10
=11.06/0.32
=34.56

* 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 Lubawa was 52.41. The lowest was 7.54. And the median was 21.55.


Be Aware

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


Lubawa E10 Related Terms


Lubawa E10 Historical Data

* Premium members only.

The historical data trend for Lubawa'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.

Lubawa E10 Chart

Lubawa 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 0.09 0.11 0.15 0.22 0.30

Lubawa 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 0.22 0.25 0.27 0.30 0.32

WAR:LBW vs MMM, HON: E10 Comparison

For the Conglomerates subindustry, Lubawa'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.


Lubawa Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Lubawa's Shiller PE Ratio distribution charts can be found below:

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


WAR:LBW
86GF Score
Lubawa SA WAR:LBW
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lubawa 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, Lubawa'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)
=0.16/163.0700*163.0700
=0.160

Current CPI (Mar. 2026) = 163.0700.

Lubawa Quarterly Data

per share eps CPI Adj_EPS
201606 0.040 99.552 0.066
201609 -0.030 99.064 -0.049
201612 0.040 100.366 0.065
201703 0.020 101.018 0.032
201706 0.006 101.180 0.010
201709 0.010 101.343 0.016
201712 -0.010 102.564 -0.016
201803 0.040 102.564 0.064
201806 -0.010 103.378 -0.016
201809 -0.030 103.378 -0.047
201812 0.030 103.785 0.047
201903 0.030 104.274 0.047
201906 0.070 105.983 0.108
201909 0.002 105.983 0.003
201912 0.030 107.123 0.046
202003 0.080 109.076 0.120
202006 0.090 109.402 0.134
202009 0.030 109.320 0.045
202012 0.010 109.565 0.015
202103 0.060 112.658 0.087
202106 0.060 113.960 0.086
202109 0.040 115.588 0.056
202112 0.010 119.088 0.014
202203 0.080 125.031 0.104
202206 0.081 131.705 0.100
202209 0.010 135.531 0.012
202212 -0.030 139.113 -0.035
202303 0.010 145.950 0.011
202306 0.011 147.009 0.012
202309 0.030 146.113 0.033
202312 0.250 147.741 0.276
202403 0.100 149.044 0.109
202406 0.100 150.997 0.108
202409 0.300 153.439 0.319
202412 0.170 154.660 0.179
202503 0.080 157.021 0.083
202506 0.300 157.509 0.311
202509 0.100 158.000 0.103
202512 0.356 158.320 0.367
202603 0.160 163.070 0.160

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 zł0.32 mean?
Lubawa (WAR:LBW) has a E10 of zł0.32 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Lubawa and its competitors.
Is Lubawa's E10 too high?
Lubawa's current E10 is zł0.32. Overall, Lubawa has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lubawa's E10 compare to MMM and HON?
Lubawa's E10 of zł0.32 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good E10 depends on the Conglomerates 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 Lubawa and its competitors. Lubawa's current E10 is zł0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lubawa stock overvalued right now?
Based on GuruFocus' analysis, Lubawa (WAR:LBW) is currently considered Significantly Overvalued. The stock's GF Value™ is zł7.15, compared to a current price of zł11.06 — trading 54.7% above its estimated fair value. The current E10 is zł0.32. Lubawa's overall GF Score™ is 86/100. 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 Lubawa (WAR:LBW), the current E10 is zł0.32 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 Lubawa (WAR:LBW) Overvalued in 2026?

Based on GuruFocus' analysis, Lubawa stock appears to be overvalued. The current stock price of zł11.06 is trading 54.7% above its estimated GF Value™ of zł7.15. GuruFocus considers Lubawa to be Significantly Overvalued.

Key valuation signals for WAR:LBW:

  • E10: zł0.32
  • GF Value™: zł7.15 vs. price of zł11.06 (54.7% above fair value)
  • GF Score™: 86/100

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


Lubawa Business Description

Other Exchanges WQ2:Germany
Address ul. Staroprzygodzka 117, Ostrow Wielkopolski, POL, 63-400
Lubawa SA is engaged in manufacturing and selling army, police, municipal police, border patrol, fire brigade, and special force products in Poland. It provides products for individual protection, such as helmets, bulletproof vests, modular externals, rescue masks, special and protective clothing among others.
86GF Score

Get the complete analysis for WAR:LBW

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

zł11.06
Price
zł7.15
GF Value