S4E (WAR:S4E) E10: zł1.31 (As of Mar. 2026)


WAR:S4E S4E SA WAR:S4E
79 GF Score
Price zł56.00
GF Value zł43.87
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is S4E E10?

S4E WAR:S4E -0.88% 79 E10 is zł1.31 as of Mar. 2026. GuruFocus rates WAR:S4E with a GF Score™ of 79/100 and a GF Value™ of zł43.87 (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.

S4E's adjusted earnings per share data for the three months ended in Mar. 2026 was zł1.640. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł1.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, S4E's average E10 Growth Rate was 31.00% per year. During the past 3 years, the average E10 Growth Rate was 48.10% per year. During the past 5 years, the average E10 Growth Rate was 55.00% 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 S4E was 61.70% per year. The lowest was 48.10% per year. And the median was 56.80% per year.

As of today (2026-07-03), S4E's current stock price is zł56.00. S4E's E10 for the quarter that ended in Mar. 2026 was zł1.31. S4E's Shiller PE Ratio of today is 42.75.

During the past 13 years, the highest Shiller PE Ratio of S4E was 81.48. The lowest was 10.71. And the median was 34.26.


S4E  (WAR:S4E) 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.

S4E's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=56.00/1.31
=42.75

* 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 S4E was 81.48. The lowest was 10.71. And the median was 34.26.


Be Aware

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


S4E E10 Related Terms


S4E E10 Historical Data

* Premium members only.

The historical data trend for S4E'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.

S4E E10 Chart

S4E 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 0.22 0.36 0.54 0.93 1.17

S4E 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 1.00 1.08 1.18 1.17 1.31

WAR:S4E vs SNX, ARW, AVT: E10 Comparison

For the Electronics & Computer Distribution subindustry, S4E'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.


S4E Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, S4E's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where S4E's Shiller PE Ratio falls into.


WAR:S4E
79GF Score
S4E SA WAR:S4E
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S4E 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, S4E'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)
=1.64/163.0700*163.0700
=1.640

Current CPI (Mar. 2026) = 163.0700.

S4E Quarterly Data

per share eps CPI Adj_EPS
201606 0.137 99.552 0.224
201609 0.116 99.064 0.191
201612 -1.272 100.366 -2.067
201703 0.067 101.018 0.108
201706 -0.739 101.180 -1.191
201709 -0.230 101.343 -0.370
201712 -0.145 102.564 -0.231
201803 -0.105 102.564 -0.167
201806 -1.106 103.378 -1.745
201809 -0.355 103.378 -0.560
201812 -0.638 103.785 -1.002
201903 -0.228 104.274 -0.357
201906 -0.560 105.983 -0.862
201909 0.070 105.983 0.108
201912 -0.300 107.123 -0.457
202003 -0.256 109.076 -0.383
202006 0.010 109.402 0.015
202009 0.120 109.320 0.179
202012 -1.290 109.565 -1.920
202103 -0.060 112.658 -0.087
202106 0.140 113.960 0.200
202109 0.660 115.588 0.931
202112 1.810 119.088 2.478
202203 0.780 125.031 1.017
202206 1.180 131.705 1.461
202209 0.760 135.531 0.914
202212 0.740 139.113 0.867
202303 0.280 145.950 0.313
202306 2.160 147.009 2.396
202309 0.810 146.113 0.904
202312 1.370 147.741 1.512
202403 -0.070 149.044 -0.077
202406 1.270 150.997 1.372
202409 0.780 153.439 0.829
202412 2.080 154.660 2.193
202503 0.790 157.021 0.820
202506 1.030 157.509 1.066
202509 1.120 158.000 1.156
202512 2.000 158.320 2.060
202603 1.640 163.070 1.640

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 zł1.31 mean?
S4E (WAR:S4E) has a E10 of zł1.31 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on S4E and its competitors.
Is S4E's E10 too high?
S4E's current E10 is zł1.31. Overall, S4E has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S4E's E10 compare to SNX and ARW?
S4E's E10 of zł1.31 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 S4E and its competitors. S4E's current E10 is zł1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S4E stock overvalued right now?
Based on GuruFocus' analysis, S4E (WAR:S4E) is currently considered Modestly Overvalued. The stock's GF Value™ is zł43.87, compared to a current price of zł56.00 — trading 27.6% above its estimated fair value. The current E10 is zł1.31. S4E's overall GF Score™ is 79/100 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 S4E (WAR:S4E), the current E10 is zł1.31 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 S4E (WAR:S4E) Overvalued in 2026?

Based on GuruFocus' analysis, S4E stock appears to be overvalued. The current stock price of zł56.00 is trading 27.6% above its estimated GF Value™ of zł43.87. GuruFocus considers S4E to be Modestly Overvalued.

Key valuation signals for WAR:S4E:

  • E10: zł1.31
  • GF Value™: zł43.87 vs. price of zł56.00 (27.6% above fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the WAR:S4E stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S4E Business Description

Address ul. Inflancka 4B, Warsaw, POL, 00-189
S4E SA is a distributor of IT solutions with added value VAD in the area of secure data storage and networking. The company directs its offer to trading partners profile VAR and system integrators. The company offers storage solutions for the collection, storage, preservation, and archiving of data in a digital form, and professional services, including designing, organizing, and conducting the trainings, as well as pre-sales, implementation, after-sales care, and maintenance services.
79GF Score

Get the complete analysis for WAR:S4E

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

zł56.00
Price
zł43.87
GF Value