LARQ (WAR:LRQ) E10: zł-0.13 (As of Mar. 2026)


WAR:LRQ LARQ SA WAR:LRQ
59 GF Score
Price zł2.49
GF Value zł2.04
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is LARQ E10?

LARQ WAR:LRQ -0.40% 59 E10 is zł-0.13 as of Mar. 2026. GuruFocus rates WAR:LRQ with a GF Score™ of 59/100 and a GF Value™ of zł2.04 (Modestly Overvalued). 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.

LARQ's adjusted earnings per share data for the three months ended in Mar. 2026 was zł0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł-0.13 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 36.00% per year. During the past 5 years, the average E10 Growth Rate was 12.50% 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 LARQ was 36.00% per year. The lowest was -4.20% per year. And the median was 0.00% per year.

As of today (2026-06-26), LARQ's current stock price is zł2.49. LARQ's E10 for the quarter that ended in Mar. 2026 was zł-0.13. LARQ's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of LARQ was 50.00. The lowest was 8.29. And the median was 13.14.


LARQ  (WAR:LRQ) 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 LARQ was 50.00. The lowest was 8.29. And the median was 13.14.


Be Aware

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


LARQ E10 Related Terms


LARQ E10 Historical Data

* Premium members only.

The historical data trend for LARQ'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.

LARQ E10 Chart

LARQ 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 -0.49 -0.61 -0.43 -0.49 -0.16

LARQ 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 -0.38 -0.23 -0.18 -0.16 -0.13

WAR:LRQ vs APP, OMC, TTD: E10 Comparison

For the Advertising Agencies subindustry, LARQ'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.


LARQ Shiller PE Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, LARQ's Shiller PE Ratio distribution charts can be found below:

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


WAR:LRQ
59GF Score
LARQ SA WAR:LRQ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

LARQ 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, LARQ'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)
=0.04/158.3232*158.3232
=0.040

Current CPI (Mar. 2026) = 158.3232.

LARQ Quarterly Data

per share eps CPI Adj_EPS
201606 3.880 99.552 6.171
201609 0.150 99.064 0.240
201612 0.550 100.366 0.868
201703 0.560 101.018 0.878
201706 2.201 101.180 3.444
201709 2.260 101.343 3.531
201712 -0.080 102.564 -0.123
201803 1.840 102.564 2.840
201806 -1.844 103.378 -2.824
201809 -1.530 103.378 -2.343
201812 -0.160 103.785 -0.244
201903 -1.860 104.274 -2.824
201906 -0.441 105.983 -0.659
201909 -1.070 105.983 -1.598
201912 -1.220 107.123 -1.803
202003 -1.460 109.076 -2.119
202006 -0.820 109.402 -1.187
202009 -2.160 109.320 -3.128
202012 -0.070 109.565 -0.101
202103 -0.120 112.658 -0.169
202106 -0.420 113.960 -0.584
202109 -0.310 115.588 -0.425
202112 -0.010 119.088 -0.013
202203 -0.060 125.031 -0.076
202206 -0.120 131.705 -0.144
202209 -0.102 135.531 -0.119
202212 -0.150 139.113 -0.171
202303 0.110 145.950 0.119
202306 0.660 147.009 0.711
202309 0.000 146.113 0.000
202312 0.180 147.741 0.193
202403 0.130 149.044 0.138
202406 -0.310 150.997 -0.325
202409 -0.140 153.439 -0.144
202412 -0.140 154.660 -0.143
202503 0.170 157.021 0.171
202506 0.700 157.509 0.704
202509 0.270 157.998 0.271
202512 -0.290 158.323 -0.290
202603 0.040 158.323 0.040

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-0.13 mean?
LARQ (WAR:LRQ) has a E10 of zł-0.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on LARQ and its competitors.
Is LARQ's E10 too high?
LARQ's current E10 is zł-0.13. Overall, LARQ has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LARQ's E10 compare to APP and OMC?
LARQ's E10 of zł-0.13 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good E10 depends on the Media - Diversified 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 LARQ and its competitors. LARQ's current E10 is zł-0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LARQ stock overvalued right now?
Based on GuruFocus' analysis, LARQ (WAR:LRQ) is currently considered Modestly Overvalued. The stock's GF Value™ is zł2.04, compared to a current price of zł2.49 — trading 22.1% above its estimated fair value. The current E10 is zł-0.13. LARQ's overall GF Score™ is 59/100 with 6 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 LARQ (WAR:LRQ), the current E10 is zł-0.13 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 LARQ (WAR:LRQ) Overvalued in 2026?

Based on GuruFocus' analysis, LARQ stock appears to be overvalued. The current stock price of zł2.49 is trading 22.1% above its estimated GF Value™ of zł2.04. GuruFocus considers LARQ to be Modestly Overvalued.

Key valuation signals for WAR:LRQ:

  • E10: zł-0.13
  • GF Value™: zł2.04 vs. price of zł2.49 (22.1% above fair value)
  • GF Score™: 59/100 with 6 warning signs

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


LARQ Business Description

Address Ul. Tamka 16 Lok. U4, Warsaw, POL, 00-349
LARQ SA is a Poland based company involved in providing outdoor advertising media services. It engages in providing and servicing urban rental bike systems, as well as designing, manufacturing, and implementing marketing campaigns. The company also offers web and mobile solutions for supporting business and sales processes; and develops sales and marketing automation system under the CodeProud and YouLead brand names.
59GF Score

Get the complete analysis for WAR:LRQ

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

zł2.49
Price
zł2.04
GF Value