Rafamet (WAR:RAF) E10: zł-2.06 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:RAF Rafamet SA WAR:RAF
50 GF Score
Price zł49.10
GF Value zł5.80
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Rafamet E10?

Rafamet WAR:RAF -0.41% 50 E10 is zł-2.06 as of Mar. 2026. GuruFocus rates WAR:RAF with a GF Score™ of 50/100 and a GF Value™ of zł5.80 (Significantly Overvalued). The stock has 5 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.

Rafamet's adjusted earnings per share data for the three months ended in Mar. 2026 was zł-0.450. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł-2.06 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 (2026-08-01), Rafamet's current stock price is zł49.10. Rafamet's E10 for the quarter that ended in Mar. 2026 was zł-2.06. Rafamet's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Rafamet was 570.00. The lowest was 32.33. And the median was 51.60.


Rafamet  (WAR:RAF) 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 Rafamet was 570.00. The lowest was 32.33. And the median was 51.60.


Be Aware

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


Rafamet E10 Related Terms


Rafamet E10 Historical Data

* Premium members only.

The historical data trend for Rafamet'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.

Rafamet E10 Chart

Rafamet 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 0.40 0.16 -0.09 -1.22 -1.94

Rafamet 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 -1.34 -1.46 -1.57 -1.94 -2.06

WAR:RAF vs SNA, RBC, SWK: E10 Comparison

For the Tools & Accessories subindustry, Rafamet'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.


Rafamet Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rafamet's Shiller PE Ratio distribution charts can be found below:

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


WAR:RAF
50GF Score
Rafamet SA WAR:RAF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rafamet 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, Rafamet'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)
=-0.45/163.0700*163.0700
=-0.450

Current CPI (Mar. 2026) = 163.0700.

Rafamet Quarterly Data

per share eps CPI Adj_EPS
201606 0.198 99.552 0.324
201609 0.123 99.064 0.202
201612 0.480 100.366 0.780
201703 -0.220 101.018 -0.355
201706 -0.138 101.180 -0.222
201709 0.415 101.343 0.668
201712 0.100 102.564 0.159
201803 0.100 102.564 0.159
201806 -0.306 103.378 -0.483
201809 0.018 103.378 0.028
201812 0.370 103.785 0.581
201903 0.040 104.274 0.063
201906 -0.350 105.983 -0.539
201909 0.067 105.983 0.103
201912 0.490 107.123 0.746
202003 -0.190 109.076 -0.284
202006 -0.585 109.402 -0.872
202009 0.273 109.320 0.407
202012 -0.100 109.565 -0.149
202103 -0.160 112.658 -0.232
202106 -0.280 113.960 -0.401
202109 0.109 115.588 0.154
202112 0.370 119.088 0.507
202203 -0.430 125.031 -0.561
202206 -0.320 131.705 -0.396
202209 -0.582 135.531 -0.700
202212 -0.380 139.113 -0.445
202303 0.210 145.950 0.235
202306 -0.740 147.009 -0.821
202309 0.461 146.113 0.515
202312 -1.890 147.741 -2.086
202403 -0.320 149.044 -0.350
202406 -1.691 150.997 -1.826
202409 -1.271 153.439 -1.351
202412 -7.642 154.660 -8.058
202503 -0.910 157.021 -0.945
202506 -1.476 157.509 -1.528
202509 -0.389 158.000 -0.401
202512 -2.730 158.320 -2.812
202603 -0.450 163.070 -0.450

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-2.06 mean?
Rafamet (WAR:RAF) has a E10 of zł-2.06 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Rafamet and its competitors.
Is Rafamet's E10 too high?
Rafamet's current E10 is zł-2.06. Overall, Rafamet has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rafamet's E10 compare to SNA and RBC?
Rafamet's E10 of zł-2.06 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Rafamet and its competitors. Rafamet's current E10 is zł-2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rafamet stock overvalued right now?
Based on GuruFocus' analysis, Rafamet (WAR:RAF) is currently considered Significantly Overvalued. The stock's GF Value™ is zł5.80, compared to a current price of zł49.10 — trading 746.6% above its estimated fair value. The current E10 is zł-2.06. Rafamet's overall GF Score™ is 50/100 with 5 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 Rafamet (WAR:RAF), the current E10 is zł-2.06 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 Rafamet (WAR:RAF) Overvalued in 2026?

Based on GuruFocus' analysis, Rafamet stock appears to be overvalued. The current stock price of zł49.10 is trading 746.6% above its estimated GF Value™ of zł5.80. GuruFocus considers Rafamet to be Significantly Overvalued.

Key valuation signals for WAR:RAF:

  • E10: zł-2.06
  • GF Value™: zł5.80 vs. price of zł49.10 (746.6% above fair value)
  • GF Score™: 50/100 with 5 warning signs

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


Rafamet Business Description

Address Street Staszica 1, Kuznia Raciborska, POL, 47-420
Rafamet SA is involved in manufacturing and selling special-purpose machine tools for wheelset machining globally. It offers vertical turning and horizontal lathes, horizontal drilling machines, milling machines, horizontal boring machines, and castings. It is a supplier of heavy-duty special-purpose machine tools for customers in the machine-building, power generation, shipbuilding, metallurgical, aerospace, and defense industries.
50GF Score

Get the complete analysis for WAR:RAF

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

zł49.10
Price
zł5.80
GF Value