Hiron-Trade Investments & Industrial Buildings (XTAE:HRON) E10: ₪235.55 (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.

XTAE:HRON Hiron-Trade Investments & Industrial Buildings Ltd XTAE:HRON
22 GF Score
Price ₪2,144.10
GF Value ₪2,304.44
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Hiron-Trade Investments & Industrial Buildings E10?

Hiron-Trade Investments & Industrial Buildings XTAE:HRON -2.32% 22 E10 is ₪235.55 as of Mar. 2026. GuruFocus rates XTAE:HRON with a GF Score™ of 22/100 and a GF Value™ of ₪2,304.44 (Fairly Valued). The stock has 2 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.

Hiron-Trade Investments & Industrial Buildings's adjusted earnings per share data for the three months ended in Mar. 2026 was ₪47.230. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₪235.55 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 (2026-08-21), Hiron-Trade Investments & Industrial Buildings's current stock price is ₪2144.10. Hiron-Trade Investments & Industrial Buildings's E10 for the quarter that ended in Mar. 2026 was ₪235.55. Hiron-Trade Investments & Industrial Buildings's Shiller PE Ratio of today is 9.10.

During the past 13 years, the highest Shiller PE Ratio of Hiron-Trade Investments & Industrial Buildings was 12.22. The lowest was 8.50. And the median was 11.05.


Hiron-Trade Investments & Industrial Buildings  (XTAE:HRON) 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.

Hiron-Trade Investments & Industrial Buildings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2144.10/235.55
=9.10

* 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 Hiron-Trade Investments & Industrial Buildings was 12.22. The lowest was 8.50. And the median was 11.05.


Be Aware

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


Hiron-Trade Investments & Industrial Buildings E10 Related Terms


Hiron-Trade Investments & Industrial Buildings E10 Historical Data

* Premium members only.

The historical data trend for Hiron-Trade Investments & Industrial Buildings'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.

Hiron-Trade Investments & Industrial Buildings E10 Chart

Hiron-Trade Investments & Industrial Buildings 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 0.00 230.04

Hiron-Trade Investments & Industrial Buildings 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 0.00 229.60 229.97 230.04 235.55

Hiron-Trade Investments & Industrial Buildings E10 Competitor Comparison

For the Real Estate - Development subindustry, Hiron-Trade Investments & Industrial Buildings'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.


Hiron-Trade Investments & Industrial Buildings Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Hiron-Trade Investments & Industrial Buildings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hiron-Trade Investments & Industrial Buildings's Shiller PE Ratio falls into.


XTAE:HRON
22GF Score
Hiron-Trade Investments & Industrial Buildings Ltd XTAE:HRON
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiron-Trade Investments & Industrial Buildings 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, Hiron-Trade Investments & Industrial Buildings'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)
=47.23/330.2130*330.2130
=47.230

Current CPI (Mar. 2026) = 330.2130.

Hiron-Trade Investments & Industrial Buildings Quarterly Data

per share eps CPI Adj_EPS
201606 22.210 241.018 30.429
201609 14.940 241.428 20.434
201612 112.620 241.432 154.033
201703 21.230 243.801 28.755
201706 21.820 244.955 29.415
201709 25.370 246.819 33.942
201712 31.560 246.524 42.274
201803 20.080 249.554 26.570
201806 31.430 251.989 41.187
201809 23.030 252.439 30.125
201812 105.390 251.233 138.521
201903 31.070 254.202 40.360
201906 27.990 256.143 36.084
201909 -0.130 256.759 -0.167
201912 120.600 256.974 154.972
202003 14.440 258.115 18.473
202006 12.820 257.797 16.421
202009 29.130 260.280 36.957
202012 93.400 260.474 118.407
202103 46.350 264.877 57.783
202106 53.930 271.696 65.545
202109 48.840 274.310 58.793
202112 169.570 278.802 200.839
202203 58.000 287.504 66.616
202206 67.890 296.311 75.658
202209 44.820 296.808 49.864
202212 82.052 296.797 91.290
202303 56.240 301.836 61.527
202306 51.490 305.109 55.727
202309 40.330 307.789 43.268
202312 22.032 306.746 23.718
202403 57.650 312.332 60.950
202406 62.230 314.175 65.407
202409 72.200 315.301 75.615
202412 27.657 315.605 28.937
202503 56.090 319.799 57.917
202506 58.970 322.561 60.369
202509 45.890 324.800 46.655
202512 63.383 324.054 64.588
202603 47.230 330.213 47.230

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 ₪235.55 mean?
Hiron-Trade Investments & Industrial Buildings (XTAE:HRON) has a E10 of ₪235.55 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hiron-Trade Investments & Industrial Buildings and its competitors.
Is Hiron-Trade Investments & Industrial Buildings' E10 too high?
Hiron-Trade Investments & Industrial Buildings' current E10 is ₪235.55. Overall, Hiron-Trade Investments & Industrial Buildings has a GF Score™ of 22/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hiron-Trade Investments & Industrial Buildings' E10 compare to competitors?
Hiron-Trade Investments & Industrial Buildings' E10 of ₪235.55 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Hiron-Trade Investments & Industrial Buildings and its competitors. Hiron-Trade Investments & Industrial Buildings's current E10 is ₪235.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiron-Trade Investments & Industrial Buildings stock overvalued right now?
Based on GuruFocus' analysis, Hiron-Trade Investments & Industrial Buildings (XTAE:HRON) is currently considered Fairly Valued. The stock's GF Value™ is ₪2,304.44, compared to a current price of ₪2,144.10 — trading 7% below its estimated fair value. The current E10 is ₪235.55. Hiron-Trade Investments & Industrial Buildings' overall GF Score™ is 22/100 with 2 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 Hiron-Trade Investments & Industrial Buildings (XTAE:HRON), the current E10 is ₪235.55 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 Hiron-Trade Investments & Industrial Buildings (XTAE:HRON) Overvalued in 2026?

Based on GuruFocus' analysis, Hiron-Trade Investments & Industrial Buildings stock appears to be undervalued. The current stock price of ₪2,144.10 is trading 7% below its estimated GF Value™ of ₪2,304.44. GuruFocus considers Hiron-Trade Investments & Industrial Buildings to be Fairly Valued.

Key valuation signals for XTAE:HRON:

  • E10: ₪235.55
  • GF Value™: ₪2,304.44 vs. price of ₪2,144.10 (7% below fair value)
  • GF Score™: 22/100 with 2 warning signs

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


Hiron-Trade Investments & Industrial Buildings Business Description

Address 20 Ben Zvi Street, Tel Aviv, Jaffa, ISR, 68162
Hiron-Trade Investments & Industrial Buildings Ltd is engaged in real estate operations, import and export of wood, furniture, hardware, and decorative items. It also engages in providing money lending services.
22GF Score

Get the complete analysis for XTAE:HRON

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

₪2,144.10
Price
₪2,304.44
GF Value