AGM (Federal Agricultural Mortgage) E10: $16.63 (As of Mar. 2026)


AGM Federal Agricultural Mortgage Corp AGM
64 GF Score
Price $192.66
GF Value $211.77
Valuation Fairly Valued
! 5 Warning Signs
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What is Federal Agricultural Mortgage E10?

Federal Agricultural Mortgage AGM +1.73% 64 E10 is $16.63 as of Mar. 2026. GuruFocus rates AGM with a GF Score™ of 64/100 and a GF Value™ of $211.77 (Fairly Valued). The stock has 5 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.

Federal Agricultural Mortgage's adjusted earnings per share data for the three months ended in Mar. 2026 was $4.750. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $16.63 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Federal Agricultural Mortgage's average E10 Growth Rate was 12.30% per year. During the past 3 years, the average E10 Growth Rate was 13.10% per year. During the past 5 years, the average E10 Growth Rate was 15.50% per year. During the past 10 years, the average E10 Growth Rate was 22.20% 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 Federal Agricultural Mortgage was 133.80% per year. The lowest was -23.70% per year. And the median was 22.80% per year.

As of today (2026-06-25), Federal Agricultural Mortgage's current stock price is $192.66. Federal Agricultural Mortgage's E10 for the quarter that ended in Mar. 2026 was $16.63. Federal Agricultural Mortgage's Shiller PE Ratio of today is 11.59.

During the past 13 years, the highest Shiller PE Ratio of Federal Agricultural Mortgage was 34.72. The lowest was 7.56. And the median was 13.58.


Federal Agricultural Mortgage  (NYSE:AGM) 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.

Federal Agricultural Mortgage's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=192.66/16.63
=11.59

* 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 Federal Agricultural Mortgage was 34.72. The lowest was 7.56. And the median was 13.58.


Be Aware

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


Federal Agricultural Mortgage E10 Related Terms


Federal Agricultural Mortgage E10 Historical Data

* Premium members only.

The historical data trend for Federal Agricultural Mortgage'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.

Federal Agricultural Mortgage E10 Chart

Federal Agricultural Mortgage 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 7.69 10.77 12.00 15.03 16.88

Federal Agricultural Mortgage 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 15.58 16.58 17.06 16.88 16.63

AGM vs EZPW, QFIN, ECPG: E10 Comparison

For the Credit Services subindustry, Federal Agricultural Mortgage'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.


Federal Agricultural Mortgage Shiller PE Ratio vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Federal Agricultural Mortgage's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Federal Agricultural Mortgage's Shiller PE Ratio falls into.


AGM
64GF Score
Federal Agricultural Mortgage Corp AGM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Federal Agricultural Mortgage 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, Federal Agricultural Mortgage'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)
=4.75/330.2130*330.2130
=4.750

Current CPI (Mar. 2026) = 330.2130.

Federal Agricultural Mortgage Quarterly Data

per share eps CPI Adj_EPS
201606 1.130 241.018 1.548
201609 1.540 241.428 2.106
201612 2.380 241.432 3.255
201703 1.730 243.801 2.343
201706 1.620 244.955 2.184
201709 1.710 246.819 2.288
201712 1.550 246.524 2.076
201803 2.100 249.554 2.779
201806 2.450 251.989 3.211
201809 2.460 252.439 3.218
201812 1.820 251.233 2.392
201903 2.030 254.202 2.637
201906 2.630 256.143 3.391
201909 1.330 256.759 1.710
201912 2.700 256.974 3.470
202003 0.870 258.115 1.113
202006 2.940 257.797 3.766
202009 1.730 260.280 2.195
202012 2.730 260.474 3.461
202103 2.580 264.877 3.216
202106 2.350 271.696 2.856
202109 2.630 274.310 3.166
202112 2.750 278.802 3.257
202203 4.100 287.504 4.709
202206 3.230 296.311 3.600
202209 3.180 296.808 3.538
202212 3.360 296.797 3.738
202303 3.690 301.836 4.037
202306 3.700 305.109 4.004
202309 4.690 307.789 5.032
202312 3.730 306.746 4.015
202403 4.280 312.332 4.525
202406 3.680 314.175 3.868
202409 3.860 315.301 4.043
202412 4.630 315.605 4.844
202503 4.010 319.799 4.141
202506 4.480 322.561 4.586
202509 4.440 324.800 4.514
202512 3.710 324.054 3.781
202603 4.750 330.213 4.750

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 $16.63 mean?
Federal Agricultural Mortgage (AGM) has a E10 of $16.63 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Federal Agricultural Mortgage and its competitors.
Is Federal Agricultural Mortgage's E10 too high?
Federal Agricultural Mortgage's current E10 is $16.63. Overall, Federal Agricultural Mortgage has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Federal Agricultural Mortgage's E10 compare to EZPW and QFIN?
Federal Agricultural Mortgage's E10 of $16.63 can be compared against companies in the Credit 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 Credit Services company?
A good E10 depends on the Credit 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 Federal Agricultural Mortgage and its competitors. Federal Agricultural Mortgage's current E10 is $16.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Agricultural Mortgage stock overvalued right now?
Based on GuruFocus' analysis, Federal Agricultural Mortgage (AGM) is currently considered Fairly Valued. The stock's GF Value™ is $211.77, compared to a current price of $192.66 — trading 9% below its estimated fair value. The current E10 is $16.63. Federal Agricultural Mortgage's overall GF Score™ is 64/100 with 5 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 Federal Agricultural Mortgage (AGM), the current E10 is $16.63 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 Federal Agricultural Mortgage (AGM) Overvalued in 2026?

Based on GuruFocus' analysis, Federal Agricultural Mortgage stock appears to be undervalued. The current stock price of $192.66 is trading 9% below its estimated GF Value™ of $211.77. GuruFocus considers Federal Agricultural Mortgage to be Fairly Valued.

Key valuation signals for AGM:

  • E10: $16.63
  • GF Value™: $211.77 vs. price of $192.66 (9% below fair value)
  • GF Score™: 64/100 with 5 warning signs

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


Federal Agricultural Mortgage Business Description

Address 2100 Pennsylvania Avenue NW, Suite 450 N, Washington, DC, USA, 20037
Federal Agricultural Mortgage Corp provides agricultural real estate and rural housing mortgage loans in the secondary market in the U.S. Its operations consist of seven reportable segments: Farm & Ranch, which generates maximum revenue, Corporate AgFinance, Power & Utilities, Broadband Infrastructure, Renewable Energy, Funding, and Investments. The company purchases eligible mortgage loans secured by first liens on agricultural real estate and rural housing under the Farm & Ranch line of business. Its subsidiary purchases portions of certain agricultural, rural development, business and industry, and community facilities loans guaranteed by the USDA. Geographically, the company's operations are spread across different regions in the United States.
64GF Score

Get the complete analysis for AGM

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

$192.66
Price
$211.77
GF Value