Trex (WAR:TRX) E10: zł-0.05 (As of Mar. 2026)


WAR:TRX Trex SA WAR:TRX
28 GF Score
Price zł3.62
! 1 Warning Sign
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What is Trex E10?

Trex WAR:TRX +0.56% 28 E10 is zł-0.05 as of Mar. 2026. GuruFocus rates WAR:TRX with a GF Score™ of 28/100. The stock has 1 warning sign 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.

Trex's adjusted earnings per share data for the three months ended in Mar. 2026 was zł0.119. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł-0.05 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 (2026-07-01), Trex's current stock price is zł3.62. Trex's E10 for the quarter that ended in Mar. 2026 was zł-0.05. Trex's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Trex was 23.75. The lowest was 6.20. And the median was 11.75.


Trex  (WAR:TRX) 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 Trex was 23.75. The lowest was 6.20. And the median was 11.75.


Be Aware

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


Trex E10 Related Terms


Trex E10 Historical Data

* Premium members only.

The historical data trend for Trex'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.

Trex E10 Chart

Trex 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 -0.06 -0.06 -0.07 -0.06 -0.06

Trex 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 -0.07 -0.07 -0.07 -0.06 -0.05

WAR:TRX vs CTAS, CPRT, ULS: E10 Comparison

For the Specialty Business Services subindustry, Trex'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.


Trex Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Trex's Shiller PE Ratio distribution charts can be found below:

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


WAR:TRX
28GF Score
Trex SA WAR:TRX
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Trex 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, Trex'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)
=0.119/158.3232*158.3232
=0.119

Current CPI (Mar. 2026) = 158.3232.

Trex Quarterly Data

per share eps CPI Adj_EPS
201606 0.045 99.552 0.072
201609 0.002 99.064 0.003
201612 0.000 100.366 0.000
201703 0.020 101.018 0.031
201706 0.045 101.180 0.070
201709 -0.005 101.343 -0.008
201712 -0.050 102.564 -0.077
201803 0.015 102.564 0.023
201806 0.045 103.378 0.069
201809 -0.005 103.378 -0.008
201812 -0.047 103.785 -0.072
201903 0.050 104.274 0.076
201906 0.040 105.983 0.060
201909 -0.010 105.983 -0.015
201912 -0.065 107.123 -0.096
202003 0.065 109.076 0.094
202006 0.001 109.402 0.001
202009 0.026 109.320 0.038
202012 0.063 109.565 0.091
202103 0.036 112.658 0.051
202106 -0.058 113.960 -0.081
202109 -0.776 115.588 -1.063
202112 -0.004 119.088 -0.005
202203 -0.004 125.031 -0.005
202206 -0.005 131.705 -0.006
202209 -0.003 135.531 -0.004
202212 0.003 139.113 0.003
202303 -0.005 145.950 -0.005
202306 -0.003 147.009 -0.003
202309 -0.006 146.113 -0.007
202312 -0.008 147.741 -0.009
202403 0.012 149.044 0.013
202406 0.009 150.997 0.009
202409 0.008 153.439 0.008
202412 0.012 154.660 0.012
202503 0.026 157.021 0.026
202506 0.009 157.509 0.009
202509 0.017 157.998 0.017
202512 0.076 158.323 0.076
202603 0.119 158.323 0.119

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-0.05 mean?
Trex (WAR:TRX) has a E10 of zł-0.05 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Trex and its competitors.
Is Trex's E10 too high?
Trex's current E10 is zł-0.05. Overall, Trex has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Trex's E10 compare to CTAS and CPRT?
Trex's E10 of zł-0.05 can be compared against companies in the Business Services 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 Business Services company?
A good E10 depends on the Business Services 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 Trex and its competitors. Trex's current E10 is zł-0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trex stock overvalued right now?
Trex (WAR:TRX) has a current E10 of zł-0.05. The current E10 is zł-0.05. Trex's overall GF Score™ is 28/100 with 1 warning sign 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 Trex (WAR:TRX), the current E10 is zł-0.05 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.

Trex Business Description

Address ul. Polczynska 31A, Warszawa, POL, 01-377
Trex SA provides financial services in Poland. The company offers various services such as auditing, tax consultancy, bookkeeping, financial and economic analysis, assistance in business planning and valuation of companies.
28GF Score

Get the complete analysis for WAR:TRX

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

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