Ryanair Holdings (BSP:R1YA34) E10: R$1.63 (As of Mar. 2026)


BSP:R1YA34 Ryanair Holdings PLC BSP:R1YA34
77 GF Score
Price R$41.52
GF Value R$38.32
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Ryanair Holdings E10?

Ryanair Holdings BSP:R1YA34 77 E10 is R$1.63 as of Mar. 2026. GuruFocus rates BSP:R1YA34 with a GF Score™ of 77/100 and a GF Value™ of R$38.32 (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.

Ryanair Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was R$-0.279. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$1.63 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ryanair Holdings's average E10 Growth Rate was 9.00% per year. During the past 3 years, the average E10 Growth Rate was 13.70% per year. During the past 5 years, the average E10 Growth Rate was 13.10% per year. During the past 10 years, the average E10 Growth Rate was 7.60% 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 Ryanair Holdings was 24.50% per year. The lowest was -5.40% per year. And the median was 11.40% per year.

As of today (2026-06-30), Ryanair Holdings's current stock price is R$41.52. Ryanair Holdings's E10 for the quarter that ended in Mar. 2026 was R$1.63. Ryanair Holdings's Shiller PE Ratio of today is 25.47.

During the past 13 years, the highest Shiller PE Ratio of Ryanair Holdings was 40.04. The lowest was 11.91. And the median was 24.33.


Ryanair Holdings  (BSP:R1YA34) 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.

Ryanair Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=41.52/1.63
=25.47

* 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 Ryanair Holdings was 40.04. The lowest was 11.91. And the median was 24.33.


Be Aware

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


Ryanair Holdings E10 Related Terms


Ryanair Holdings E10 Historical Data

* Premium members only.

The historical data trend for Ryanair Holdings'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.

Ryanair Holdings E10 Chart

Ryanair Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.06 1.31 1.57 1.63

Ryanair Holdings 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 1.57 1.53 1.96 1.73 1.63

BSP:R1YA34 vs DAL, UAL, LUV: E10 Comparison

For the Airlines subindustry, Ryanair Holdings'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.


Ryanair Holdings Shiller PE Ratio vs Transportation Industry

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

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


BSP:R1YA34
77GF Score
Ryanair Holdings PLC BSP:R1YA34
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ryanair Holdings 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, Ryanair Holdings'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)
=-0.279/125.8201*125.8201
=-0.279

Current CPI (Mar. 2026) = 125.8201.

Ryanair Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.096 101.072 0.120
201609 0.330 100.274 0.414
201612 0.033 99.676 0.042
201703 0.021 100.374 0.026
201706 0.150 100.673 0.187
201709 0.346 100.474 0.433
201712 0.043 100.075 0.054
201803 0.024 100.573 0.030
201806 0.145 101.072 0.181
201809 0.437 101.371 0.542
201812 -0.032 100.773 -0.040
201903 -0.093 101.670 -0.115
201906 0.116 102.168 0.143
201909 0.460 102.268 0.566
201912 0.045 102.068 0.055
202003 -0.355 102.367 -0.436
202006 -0.124 101.769 -0.153
202009 -0.163 101.072 -0.203
202012 -0.223 101.072 -0.278
202103 -0.212 102.367 -0.261
202106 -0.183 103.364 -0.223
202109 0.153 104.859 0.184
202112 -0.068 106.653 -0.080
202203 -0.059 109.245 -0.068
202206 0.110 112.779 0.123
202209 0.614 113.504 0.681
202212 0.123 115.436 0.134
202303 -0.094 117.609 -0.101
202306 0.381 119.662 0.401
202309 0.872 120.749 0.909
202312 0.009 120.749 0.009
202403 -0.164 120.990 -0.171
202406 0.228 122.318 0.235
202409 0.987 121.594 1.021
202412 0.109 122.439 0.112
202503 -0.220 123.405 -0.224
202506 0.612 124.492 0.619
202509 1.266 124.854 1.276
202512 0.023 125.820 0.023
202603 -0.279 125.820 -0.279

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$1.63 mean?
Ryanair Holdings (BSP:R1YA34) has a E10 of R$1.63 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ryanair Holdings and its competitors.
Is Ryanair Holdings' E10 too high?
Ryanair Holdings' current E10 is R$1.63. Overall, Ryanair Holdings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ryanair Holdings' E10 compare to DAL and UAL?
Ryanair Holdings' E10 of R$1.63 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 Ryanair Holdings and its competitors. Ryanair Holdings's current E10 is R$1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryanair Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ryanair Holdings (BSP:R1YA34) is currently considered Fairly Valued. The stock's GF Value™ is R$38.32, compared to a current price of R$41.52 — trading 8.4% above its estimated fair value. The current E10 is R$1.63. Ryanair Holdings' overall GF Score™ is 77/100 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 Ryanair Holdings (BSP:R1YA34), the current E10 is R$1.63 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 Ryanair Holdings (BSP:R1YA34) Overvalued in 2026?

Based on GuruFocus' analysis, Ryanair Holdings stock appears to be overvalued. The current stock price of R$41.52 is trading 8.4% above its estimated GF Value™ of R$38.32. GuruFocus considers Ryanair Holdings to be Fairly Valued.

Key valuation signals for BSP:R1YA34:

  • E10: R$1.63
  • GF Value™: R$38.32 vs. price of R$41.52 (8.4% above fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the BSP:R1YA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ryanair Holdings Business Description

Address Airside Business Park, Swords, County Dublin, Dublin, IRL, K67 NY94
Ryanair is Europe's largest low-cost airline, known for its extensive network and highly efficient business model. Operating over 3,600 flights daily across 240-plus destinations in 40 countries, Ryanair has built its success on offering affordable air travel while maintaining tight control over costs. The airline primarily uses Boeing 737 aircraft, including the newer 737 8-200 "Gamechanger" variant, which simplifies operations and reduces expenses. Ryanair focuses on high passenger volume, ancillary revenue, and operational efficiency, ensuring its position as a leading airline in Europe.
77GF Score

Get the complete analysis for BSP:R1YA34

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

R$41.52
Price
R$38.32
GF Value