Zortrax (WAR:ZRX) E10: zł-0.99 (As of Mar. 2026)


What is Zortrax E10?

Zortrax WAR:ZRX -1.68% E10 is zł-0.99 as of Mar. 2026. 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.

Zortrax's adjusted earnings per share data for the three months ended in Mar. 2026 was zł-0.024. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is zł-0.99 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 (2026-07-02), Zortrax's current stock price is zł0.0585. Zortrax's E10 for the quarter that ended in Mar. 2026 was zł-0.99. Zortrax's Shiller PE Ratio of today is .


Zortrax  (WAR:ZRX) 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.


Zortrax E10 Related Terms


Zortrax E10 Historical Data

* Premium members only.

The historical data trend for Zortrax'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.

Zortrax E10 Chart

Zortrax 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 0.00 0.00 0.00 -0.94 -0.99

Zortrax 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 -0.97 -0.96 -0.94 -0.99 -0.99

WAR:ZRX vs SNDK, DELL, STX: E10 Comparison

For the Computer Hardware subindustry, Zortrax'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.


Zortrax Shiller PE Ratio vs Hardware Industry

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

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



Zortrax 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, Zortrax'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)
=-0.024/158.3232*158.3232
=-0.024

Current CPI (Mar. 2026) = 158.3232.

Zortrax Quarterly Data

per share eps CPI Adj_EPS
201606 0.043 99.552 0.068
201609 0.108 99.064 0.173
201612 -0.353 100.366 -0.557
201703 -0.163 101.018 -0.255
201706 -0.163 101.180 -0.255
201709 -0.040 101.343 -0.062
201712 0.349 102.564 0.539
201803 0.242 102.564 0.374
201806 0.063 103.378 0.096
201809 -0.272 103.378 -0.417
201812 0.135 103.785 0.206
201903 0.108 104.274 0.164
201906 -0.005 105.983 -0.007
201909 -0.323 105.983 -0.483
201912 -0.208 107.123 -0.307
202003 -0.247 109.076 -0.359
202006 -0.188 109.402 -0.272
202009 -0.123 109.320 -0.178
202012 -0.662 109.565 -0.957
202103 -0.024 112.658 -0.034
202106 -0.115 113.960 -0.160
202109 -0.314 115.588 -0.430
202112 -0.159 119.088 -0.211
202203 0.026 125.031 0.033
202206 -0.163 131.705 -0.196
202209 -0.364 135.531 -0.425
202212 -0.256 139.113 -0.291
202303 -0.322 145.950 -0.349
202306 -0.328 147.009 -0.353
202309 -0.333 146.113 -0.361
202312 -0.294 147.741 -0.315
202403 -0.355 149.044 -0.377
202406 -0.158 150.997 -0.166
202409 -0.061 153.439 -0.063
202412 -2.734 154.660 -2.799
202503 -0.094 157.021 -0.095
202506 -0.184 157.509 -0.185
202509 -0.123 157.998 -0.123
202512 -0.445 158.323 -0.445
202603 -0.024 158.323 -0.024

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-0.99 mean?
Zortrax (WAR:ZRX) has a E10 of zł-0.99 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Zortrax and its competitors.
Is Zortrax's E10 too high?
Zortrax's current E10 is zł-0.99.
How does Zortrax's E10 compare to SNDK and DELL?
Zortrax's E10 of zł-0.99 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 Zortrax and its competitors. Zortrax's current E10 is zł-0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zortrax stock overvalued right now?
Based on GuruFocus' analysis, Zortrax (WAR:ZRX) is currently considered Possible Value Trap. The stock's GF Value™ is zł0.15, compared to a current price of zł0.06 — trading 61% below its estimated fair value. The current E10 is zł-0.99. 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 Zortrax (WAR:ZRX), the current E10 is zł-0.99 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.

Zortrax Business Description

Other Exchanges 9GK:Germany
Address Lubelska 34, Olsztyn, POL, 10-409
Zortrax SA is a Polish developer of comprehensive 3D printing solutions. It is engaged in desktop 3D printers, dedicated filaments, Z-SUITE software, and additional devices to improve the printing process and post-processing.