New Tech Venture (WAR:NTV) E10: zł-0.13 (As of Mar. 2026)


WAR:NTV New Tech Venture SA WAR:NTV
47 GF Score
Price zł0.16
GF Value zł0.09
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is New Tech Venture E10?

New Tech Venture WAR:NTV 47 E10 is zł-0.13 as of Mar. 2026. GuruFocus rates WAR:NTV with a GF Score™ of 47/100 and a GF Value™ of zł0.09 (Significantly Overvalued). The stock has 4 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.

New Tech Venture's adjusted earnings per share data for the three months ended in Mar. 2026 was zł0.001. 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 7.20% 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 New Tech Venture was 8.40% per year. The lowest was 7.20% per year. And the median was 7.80% per year.

As of today (2026-07-01), New Tech Venture's current stock price is zł0.163. New Tech Venture's E10 for the quarter that ended in Mar. 2026 was zł-0.13. New Tech Venture's Shiller PE Ratio of today is .


New Tech Venture  (WAR:NTV) 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.


Be Aware

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


New Tech Venture E10 Related Terms


New Tech Venture E10 Historical Data

* Premium members only.

The historical data trend for New Tech Venture'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.

New Tech Venture E10 Chart

New Tech Venture 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 -0.13 -0.15 -0.16 -0.10 -0.12

New Tech Venture 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 -0.11 -0.10 -0.11 -0.12 -0.13

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

For the Asset Management subindustry, New Tech Venture'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.


New Tech Venture Shiller PE Ratio vs Asset Management Industry

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

* The bar in red indicates where New Tech Venture's Shiller PE Ratio falls into.


WAR:NTV
47GF Score
New Tech Venture SA WAR:NTV
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Tech Venture 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, New Tech Venture'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)
=0.001/158.3232*158.3232
=0.001

Current CPI (Mar. 2026) = 158.3232.

New Tech Venture Quarterly Data

per share eps CPI Adj_EPS
201606 0.022 99.552 0.035
201609 0.016 99.064 0.026
201612 0.015 100.366 0.024
201703 0.008 101.018 0.013
201706 -0.006 101.180 -0.009
201709 -0.007 101.343 -0.011
201712 0.062 102.564 0.096
201803 0.004 102.564 0.006
201806 0.009 103.378 0.014
201809 -0.016 103.378 -0.025
201812 -0.001 103.785 -0.002
201903 0.016 104.274 0.024
201906 -0.029 105.983 -0.043
201909 -0.010 105.983 -0.015
201912 -0.031 107.123 -0.046
202003 -0.022 109.076 -0.032
202006 0.009 109.402 0.013
202009 0.009 109.320 0.013
202012 -0.932 109.565 -1.347
202103 0.002 112.658 0.003
202106 -0.005 113.960 -0.007
202109 0.029 115.588 0.040
202112 0.007 119.088 0.009
202203 0.012 125.031 0.015
202206 -0.002 131.705 -0.002
202209 -0.002 135.531 -0.002
202212 -0.019 139.113 -0.022
202303 0.000 145.950 0.000
202306 -0.001 147.009 -0.001
202309 0.000 146.113 0.000
202312 0.007 147.741 0.008
202403 -0.005 149.044 -0.005
202406 0.001 150.997 0.001
202409 -0.004 153.439 -0.004
202412 0.009 154.660 0.009
202503 0.001 157.021 0.001
202506 0.001 157.509 0.001
202509 0.002 157.998 0.002
202512 -0.003 158.323 -0.003
202603 0.001 158.323 0.001

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?
New Tech Venture (WAR:NTV) 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 New Tech Venture and its competitors.
Is New Tech Venture's E10 too high?
New Tech Venture's current E10 is zł-0.13. Overall, New Tech Venture has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Tech Venture's E10 compare to BLK and BX?
New Tech Venture's E10 of zł-0.13 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 New Tech Venture and its competitors. New Tech Venture'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 New Tech Venture stock overvalued right now?
Based on GuruFocus' analysis, New Tech Venture (WAR:NTV) is currently considered Significantly Overvalued. The stock's GF Value™ is zł0.09, compared to a current price of zł0.16 — trading 81.1% above its estimated fair value. The current E10 is zł-0.13. New Tech Venture's overall GF Score™ is 47/100 with 4 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 New Tech Venture (WAR:NTV), 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 New Tech Venture (WAR:NTV) Overvalued in 2026?

Based on GuruFocus' analysis, New Tech Venture stock appears to be overvalued. The current stock price of zł0.16 is trading 81.1% above its estimated GF Value™ of zł0.09. GuruFocus considers New Tech Venture to be Significantly Overvalued.

Key valuation signals for WAR:NTV:

  • E10: zł-0.13
  • GF Value™: zł0.09 vs. price of zł0.16 (81.1% above fair value)
  • GF Score™: 47/100 with 4 warning signs

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


New Tech Venture Business Description

Address ul. Bekasow 74, Polska, Warsaw, POL, 02-803
New Tech Venture SA, is an Integrated Communication Agency. It provides services for listed companies quoted on the Warsaw Stock Exchange. The company services include information policy and management for investor relations departments.
47GF Score

Get the complete analysis for WAR:NTV

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

zł0.16
Price
zł0.09
GF Value