Aurubis AG (WBO:NDA) E10: €10.93 (As of Mar. 2026)


WBO:NDA Aurubis AG WBO:NDA
73 GF Score
Price €184.20
GF Value €98.59
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Aurubis AG E10?

Aurubis AG WBO:NDA -1.92% 73 E10 is €10.93 as of Mar. 2026. GuruFocus rates WBO:NDA with a GF Score™ of 73/100 and a GF Value™ of €98.59 (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.

Aurubis AG's adjusted earnings per share data for the three months ended in Mar. 2026 was €10.971. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €10.93 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Aurubis AG's average E10 Growth Rate was 26.20% per year. During the past 3 years, the average E10 Growth Rate was 14.60% per year. During the past 5 years, the average E10 Growth Rate was 14.50% 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 Aurubis AG was 15.00% per year. The lowest was 5.00% per year. And the median was 10.55% per year.

As of today (2026-06-27), Aurubis AG's current stock price is €184.20. Aurubis AG's E10 for the quarter that ended in Mar. 2026 was €10.93. Aurubis AG's Shiller PE Ratio of today is 16.85.

During the past 13 years, the highest Shiller PE Ratio of Aurubis AG was 22.18. The lowest was 7.15. And the median was 12.38.


Aurubis AG  (WBO:NDA) 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.

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

Shiller PE Ratio=Share Price/E10
=184.20/10.93
=16.85

* 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 Aurubis AG was 22.18. The lowest was 7.15. And the median was 12.38.


Be Aware

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


Aurubis AG E10 Related Terms


Aurubis AG E10 Historical Data

* Premium members only.

The historical data trend for Aurubis AG'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.

Aurubis AG E10 Chart

Aurubis AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.28 5.98 7.03 7.96 9.07

Aurubis AG 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 8.73 8.76 9.07 9.79 10.93

WBO:NDA vs ATI, CRS, MLI: E10 Comparison

For the Metal Fabrication subindustry, Aurubis AG'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.


Aurubis AG Shiller PE Ratio vs Industrial Products Industry

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

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


WBO:NDA
73GF Score
Aurubis AG WBO:NDA
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aurubis AG 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, Aurubis AG'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)
=10.971/131.2583*131.2583
=10.971

Current CPI (Mar. 2026) = 131.2583.

Aurubis AG Quarterly Data

per share eps CPI Adj_EPS
201606 0.940 100.717 1.225
201609 1.130 101.017 1.468
201612 1.730 101.217 2.243
201703 2.540 101.417 3.287
201706 2.050 102.117 2.635
201709 1.480 102.717 1.891
201712 2.880 102.617 3.684
201803 1.070 102.917 1.365
201806 2.020 104.017 2.549
201809 0.490 104.718 0.614
201812 0.070 104.217 0.088
201903 2.490 104.217 3.136
201906 -0.020 105.718 -0.025
201909 1.740 106.018 2.154
201912 0.540 105.818 0.670
202003 -0.270 105.718 -0.335
202006 2.030 106.618 2.499
202009 3.650 105.818 4.528
202012 1.440 105.518 1.791
202103 5.823 107.518 7.109
202106 3.772 108.486 4.564
202109 2.927 109.435 3.511
202112 2.910 110.384 3.460
202203 4.789 113.968 5.516
202206 1.807 115.760 2.049
202209 2.878 118.818 3.179
202212 1.310 119.345 1.441
202303 1.480 122.402 1.587
202306 -1.330 123.140 -1.418
202309 1.762 124.195 1.862
202312 1.330 123.773 1.410
202403 1.880 125.038 1.974
202406 3.580 125.882 3.733
202409 2.726 126.198 2.835
202412 5.870 127.041 6.065
202503 3.720 127.779 3.821
202506 1.787 128.412 1.827
202509 0.960 129.255 0.975
202512 7.360 129.361 7.468
202603 10.971 131.258 10.971

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 €10.93 mean?
Aurubis AG (WBO:NDA) has a E10 of €10.93 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Aurubis AG and its competitors.
Is Aurubis AG's E10 too high?
Aurubis AG's current E10 is €10.93. Overall, Aurubis AG has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aurubis AG's E10 compare to ATI and CRS?
Aurubis AG's E10 of €10.93 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 Aurubis AG and its competitors. Aurubis AG's current E10 is €10.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurubis AG stock overvalued right now?
Based on GuruFocus' analysis, Aurubis AG (WBO:NDA) is currently considered Significantly Overvalued. The stock's GF Value™ is €98.59, compared to a current price of €184.20 — trading 86.8% above its estimated fair value. The current E10 is €10.93. Aurubis AG's overall GF Score™ is 73/100 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 Aurubis AG (WBO:NDA), the current E10 is €10.93 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 Aurubis AG (WBO:NDA) Overvalued in 2026?

Based on GuruFocus' analysis, Aurubis AG stock appears to be overvalued. The current stock price of €184.20 is trading 86.8% above its estimated GF Value™ of €98.59. GuruFocus considers Aurubis AG to be Significantly Overvalued.

Key valuation signals for WBO:NDA:

  • E10: €10.93
  • GF Value™: €98.59 vs. price of €184.20 (86.8% above fair value)
  • GF Score™: 73/100 with 4 warning signs

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


Aurubis AG Business Description

Address Hovestrasse 50, Hamburg, BY, DEU, 20539
Aurubis AG produces copper, using raw materials which include copper concentrates and recycling materials. The company also produces precious metals such as gold and silver and a range of other products, including sulfuric acid and iron silicate, as byproducts of copper production. Revenue is predominantly generated through the sale of continuous cast wire rods, copper cathodes, precious metals, and continuous cast shapes, used in the manufacture of cables and wires, which are used in electrical applications. It has two segments, Multimetal Recycling and Custom Smelting & Products, which is the key revenue-generating segment. The company is based in Germany and has production sites across Europe and the United States.
73GF Score

Get the complete analysis for WBO:NDA

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

€184.20
Price
€98.59
GF Value