Delta Air Lines (BSP:DEAI34) E10: R$14.29 (As of Jun. 2026)

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BSP:DEAI34 Delta Air Lines Inc BSP:DEAI34
75 GF Score
Price R$446.00
GF Value R$299.92
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Delta Air Lines E10?

Delta Air Lines BSP:DEAI34 75 E10 is R$14.29 as of Jun. 2026. GuruFocus rates BSP:DEAI34 with a GF Score™ of 75/100 and a GF Value™ of R$299.92 (Significantly Overvalued). 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.

Delta Air Lines's adjusted earnings per share data for the three months ended in Jun. 2026 was R$12.503. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$14.29 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Delta Air Lines's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was -2.40% per year. During the past 5 years, the average E10 Growth Rate was -0.40% 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 Delta Air Lines was 84.20% per year. The lowest was -229.60% per year. And the median was -1.55% per year.

As of today (2026-07-14), Delta Air Lines's current stock price is R$446.00. Delta Air Lines's E10 for the quarter that ended in Jun. 2026 was R$14.29. Delta Air Lines's Shiller PE Ratio of today is 31.21.

During the past 13 years, the highest Shiller PE Ratio of Delta Air Lines was 66.02. The lowest was 4.05. And the median was 15.02.


Delta Air Lines  (BSP:DEAI34) 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.

Delta Air Lines's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=446.00/14.29
=31.21

* 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 Delta Air Lines was 66.02. The lowest was 4.05. And the median was 15.02.


Be Aware

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


Delta Air Lines E10 Related Terms


Delta Air Lines E10 Historical Data

* Premium members only.

The historical data trend for Delta Air Lines'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.

Delta Air Lines E10 Chart

Delta Air Lines 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 16.08 16.69 11.35 17.59 16.46

Delta Air Lines Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 15.50 15.26 16.46 14.78 14.29

BSP:DEAI34 vs UAL, LUV, AAL: E10 Comparison

For the Airlines subindustry, Delta Air Lines'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.


Delta Air Lines Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Delta Air Lines's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Delta Air Lines's Shiller PE Ratio falls into.


BSP:DEAI34
75GF Score
Delta Air Lines Inc BSP:DEAI34
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delta Air Lines 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, Delta Air Lines's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=12.503/335.1230*335.1230
=12.503

Current CPI (Jun. 2026) = 335.1230.

Delta Air Lines Quarterly Data

per share eps CPI Adj_EPS
201609 5.498 241.428 7.632
201612 2.817 241.432 3.910
201703 2.408 243.801 3.310
201706 5.339 244.955 7.304
201709 5.043 246.819 6.847
201712 1.384 246.524 1.881
201803 2.590 249.554 3.478
201806 5.619 251.989 7.473
201809 7.889 252.439 10.473
201812 5.786 251.233 7.718
201903 4.186 254.202 5.519
201906 8.521 256.143 11.148
201909 9.516 256.759 12.420
201912 7.019 256.974 9.154
202003 -4.104 258.115 -5.328
202006 -46.747 257.797 -60.769
202009 -45.738 260.280 -58.890
202012 -6.122 260.474 -7.876
202103 -10.425 264.877 -13.190
202106 5.129 271.696 6.326
202109 9.977 274.310 12.189
202112 -3.619 278.802 -4.350
202203 -7.365 287.504 -8.585
202206 5.805 296.311 6.565
202209 5.663 296.808 6.394
202212 6.767 296.797 7.641
202303 -2.969 301.836 -3.296
202306 13.785 305.109 15.141
202309 8.495 307.789 9.249
202312 15.483 306.746 16.915
202403 0.299 312.332 0.321
202406 10.826 314.175 11.548
202409 10.909 315.301 11.595
202412 7.870 315.605 8.357
202503 2.130 319.799 2.232
202506 18.135 322.561 18.841
202509 11.638 324.800 12.008
202512 10.148 324.054 10.495
202603 -2.301 330.213 -2.335
202606 12.503 335.123 12.503

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 R$14.29 mean?
Delta Air Lines (BSP:DEAI34) has a E10 of R$14.29 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Delta Air Lines and its competitors.
Is Delta Air Lines' E10 too high?
Delta Air Lines' current E10 is R$14.29. Overall, Delta Air Lines has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Air Lines' E10 compare to UAL and LUV?
Delta Air Lines' E10 of R$14.29 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Delta Air Lines and its competitors. Delta Air Lines's current E10 is R$14.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Air Lines stock overvalued right now?
Based on GuruFocus' analysis, Delta Air Lines (BSP:DEAI34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$299.92, compared to a current price of R$446.00 — trading 48.7% above its estimated fair value. The current E10 is R$14.29. Delta Air Lines' overall GF Score™ is 75/100 with 6 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 Delta Air Lines (BSP:DEAI34), the current E10 is R$14.29 as of Jun. 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 Delta Air Lines (BSP:DEAI34) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Air Lines stock appears to be overvalued. The current stock price of R$446.00 is trading 48.7% above its estimated GF Value™ of R$299.92. GuruFocus considers Delta Air Lines to be Significantly Overvalued.

Key valuation signals for BSP:DEAI34:

  • E10: R$14.29
  • GF Value™: R$299.92 vs. price of R$446.00 (48.7% above fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the BSP:DEAI34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delta Air Lines Business Description

Address Post Office Box 20706, Atlanta, GA, USA, 30320-6001
Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta has historically earned most of its international revenue and profits from flying passengers over the Atlantic Ocean.
75GF Score

Get the complete analysis for BSP:DEAI34

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

R$446.00
Price
R$299.92
GF Value