Snap (BUE:SNAP) E10: ARS-1,642.08 (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.

BUE:SNAP Snap Inc BUE:SNAP
53 GF Score
Price ARS7,390.00
GF Value ARS19,459.81
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Snap E10?

Snap BUE:SNAP -2.12% 53 E10 is ARS-1,642.08 as of Mar. 2026. GuruFocus rates BUE:SNAP with a GF Score™ of 53/100 and a GF Value™ of ARS19,459.81 (Possible Value Trap). 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.

Snap's adjusted earnings per share data for the three months ended in Mar. 2026 was ARS-69.912. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS-1,642.08 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 (2026-07-31), Snap's current stock price is ARS7390.00. Snap's E10 for the quarter that ended in Mar. 2026 was ARS-1,642.08. Snap's Shiller PE Ratio of today is .


Snap  (BUE:SNAP) 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.


Be Aware

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


Snap E10 Related Terms


Snap E10 Historical Data

* Premium members only.

The historical data trend for Snap'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.

Snap E10 Chart

Snap 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 -1,671.13

Snap 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 0.00 -1,758.05 -1,671.13 -1,642.08

BUE:SNAP vs BILI, ZG, BZ: E10 Comparison

For the Internet Content & Information subindustry, Snap'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.


Snap Shiller PE Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Snap's Shiller PE Ratio distribution charts can be found below:

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


BUE:SNAP
53GF Score
Snap Inc BUE:SNAP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Snap 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, Snap'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)
=-69.912/330.2130*330.2130
=-69.912

Current CPI (Mar. 2026) = 330.2130.

Snap Quarterly Data

per share eps CPI Adj_EPS
201606 -1.594 241.018 -2.184
201609 -1.823 241.428 -2.493
201612 -2.328 241.432 -3.184
201703 -35.613 243.801 -48.236
201706 -5.936 244.955 -8.002
201709 -6.308 246.819 -8.439
201712 -5.347 246.524 -7.162
201803 -6.045 249.554 -7.999
201806 -6.734 251.989 -8.824
201809 -9.200 252.439 -12.034
201812 -5.279 251.233 -6.939
201903 -8.991 254.202 -11.679
201906 -8.489 256.143 -10.944
201909 -8.948 256.759 -11.508
201912 -10.162 256.974 -13.058
202003 -13.035 258.115 -16.676
202006 -15.746 257.797 -20.169
202009 -10.394 260.280 -13.187
202012 -6.510 260.474 -8.253
202103 -17.115 264.877 -21.337
202106 -9.473 271.696 -11.513
202109 -4.889 274.310 -5.885
202112 1.010 278.802 1.196
202203 -23.622 287.504 -27.131
202206 -31.286 296.311 -34.866
202209 -30.569 296.808 -34.009
202212 -30.177 296.797 -33.575
202303 -41.486 301.836 -45.386
202306 -57.600 305.109 -62.339
202309 -80.489 307.789 -86.353
202312 -54.150 306.746 -58.293
202403 -160.075 312.332 -169.239
202406 -134.325 314.175 -141.182
202409 -85.545 315.301 -89.591
202412 10.100 315.605 10.567
202503 -85.283 319.799 -88.060
202506 -189.957 322.561 -194.463
202509 -81.481 324.800 -82.839
202512 43.545 324.054 44.373
202603 -69.912 330.213 -69.912

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 ARS-1,642.08 mean?
Snap (BUE:SNAP) has a E10 of ARS-1,642.08 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Snap and its competitors.
Is Snap's E10 too high?
Snap's current E10 is ARS-1,642.08. Overall, Snap has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Snap's E10 compare to BILI and ZG?
Snap's E10 of ARS-1,642.08 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good E10 depends on the Interactive Media 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 Snap and its competitors. Snap's current E10 is ARS-1,642.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Snap stock overvalued right now?
Based on GuruFocus' analysis, Snap (BUE:SNAP) is currently considered Possible Value Trap. The stock's GF Value™ is ARS19,459.81, compared to a current price of ARS7,390.00 — trading 62% below its estimated fair value. The current E10 is ARS-1,642.08. Snap's overall GF Score™ is 53/100 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 Snap (BUE:SNAP), the current E10 is ARS-1,642.08 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 Snap (BUE:SNAP) Overvalued in 2026?

Based on GuruFocus' analysis, Snap stock appears to be undervalued. The current stock price of ARS7,390.00 is trading 62% below its estimated GF Value™ of ARS19,459.81. GuruFocus considers Snap to be Possible Value Trap.

Key valuation signals for BUE:SNAP:

  • E10: ARS-1,642.08
  • GF Value™: ARS19,459.81 vs. price of ARS7,390.00 (62% below fair value)
  • GF Score™: 53/100 with 2 warning signs

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


Snap Business Description

Address 3000 31st Street, Santa Monica, CA, USA, 90405
Snap is a technology company best known for its marquis social media application.Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.
53GF Score

Get the complete analysis for BUE:SNAP

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

ARS7,390.00
Price
ARS19,459.81
GF Value