CAL (Caleres) E10: $0.96 (As of Apr. 2026)


CAL Caleres Inc CAL
67 GF Score
Price $12.97
GF Value $24.91
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Caleres E10?

Caleres CAL +5.70% 67 E10 is $0.96 as of Apr. 2026. GuruFocus rates CAL with a GF Score™ of 67/100 and a GF Value™ of $24.91 (Significantly Undervalued). 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.

Caleres's adjusted earnings per share data for the three months ended in Apr. 2026 was $0.420. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.96 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Caleres's average E10 Growth Rate was -17.90% per year. During the past 3 years, the average E10 Growth Rate was 10.20% 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 Caleres was 62.40% per year. The lowest was -36.40% per year. And the median was 3.80% per year.

As of today (2026-06-25), Caleres's current stock price is $12.97. Caleres's E10 for the quarter that ended in Apr. 2026 was $0.96. Caleres's Shiller PE Ratio of today is 13.51.

During the past 13 years, the highest Shiller PE Ratio of Caleres was 225.27. The lowest was 2.72. And the median was 33.60.


Caleres  (NYSE:CAL) 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.

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

Shiller PE Ratio=Share Price/E10
=12.97/0.96
=13.51

* 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 Caleres was 225.27. The lowest was 2.72. And the median was 33.60.


Be Aware

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


Caleres E10 Related Terms


Caleres E10 Historical Data

* Premium members only.

The historical data trend for Caleres'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.

Caleres E10 Chart

Caleres Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.71 1.11 1.20 0.95

Caleres Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.17 1.15 1.05 0.95 0.96

CAL vs SFIX, SCVL, ZUMZ: E10 Comparison

For the Apparel Retail subindustry, Caleres'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.


Caleres Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Caleres's Shiller PE Ratio distribution charts can be found below:

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


CAL
67GF Score
Caleres Inc CAL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Caleres 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, Caleres's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.42/333.0200*333.0200
=0.420

Current CPI (Apr. 2026) = 333.0200.

Caleres Quarterly Data

per share eps CPI Adj_EPS
201607 0.460 240.628 0.637
201610 0.810 241.729 1.116
201701 -0.160 242.839 -0.219
201704 0.350 244.524 0.477
201707 0.410 244.786 0.558
201710 0.800 246.663 1.080
201801 0.470 247.867 0.631
201804 0.400 250.546 0.532
201807 0.550 252.006 0.727
201810 0.670 252.885 0.882
201901 -1.830 251.712 -2.421
201904 0.220 255.548 0.287
201907 0.610 256.571 0.792
201910 0.690 257.346 0.893
202001 0.010 257.971 0.013
202004 -8.950 256.389 -11.625
202007 -0.830 259.101 -1.067
202010 0.380 260.388 0.486
202101 -2.110 261.582 -2.686
202104 0.160 267.054 0.200
202107 0.970 273.003 1.183
202110 1.540 276.589 1.854
202201 0.880 281.148 1.042
202204 1.320 289.109 1.520
202207 1.380 296.276 1.551
202210 1.080 298.012 1.207
202301 1.130 299.170 1.258
202304 0.970 303.363 1.065
202307 0.950 305.691 1.035
202310 1.320 307.671 1.429
202401 1.570 308.417 1.695
202404 0.880 313.548 0.935
202407 0.850 314.540 0.900
202410 1.190 315.664 1.255
202501 0.150 317.671 0.157
202504 0.210 320.795 0.218
202507 0.200 323.048 0.206
202510 0.070 0.000
202601 -0.700 325.252 -0.717
202604 0.420 333.020 0.420

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 $0.96 mean?
Caleres (CAL) has a E10 of $0.96 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Caleres and its competitors.
Is Caleres' E10 too high?
Caleres' current E10 is $0.96. Overall, Caleres has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Caleres' E10 compare to SFIX and SCVL?
Caleres' E10 of $0.96 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Caleres and its competitors. Caleres's current E10 is $0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caleres stock overvalued right now?
Based on GuruFocus' analysis, Caleres (CAL) is currently considered Significantly Undervalued. The stock's GF Value™ is $24.91, compared to a current price of $12.97 — trading 47.9% below its estimated fair value. The current E10 is $0.96. Caleres' overall GF Score™ is 67/100 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 Caleres (CAL), the current E10 is $0.96 as of Apr. 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 Caleres (CAL) Overvalued in 2026?

Based on GuruFocus' analysis, Caleres stock appears to be undervalued. The current stock price of $12.97 is trading 47.9% below its estimated GF Value™ of $24.91. GuruFocus considers Caleres to be Significantly Undervalued.

Key valuation signals for CAL:

  • E10: $0.96
  • GF Value™: $24.91 vs. price of $12.97 (47.9% below fair value)
  • GF Score™: 67/100 with 5 warning signs

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


Caleres Business Description

Other Exchanges BRP:Germany
Address 8300 Maryland Avenue, St. Louis, MO, USA, 63105
Caleres Inc is a footwear company that operates retail shoe stores and e-commerce websites, and designs, develops, sources, manufactures, and distributes footwear for people of all ages. The Company's business operations are organized into two reportable segments - Famous Footwear and Brand Portfolio. The Famous Footwear segment is comprised of its Famous Footwear retail stores, famousfootwear.com, and famousfootwear.ca. The Brand Portfolio segment offers retailers and consumers a cultivated portfolio of known brands. This segment is comprised of wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear. Geographically, the company generates the majority of its revenue from Domestic operations.
67GF Score

Get the complete analysis for CAL

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

$12.97
Price
$24.91
GF Value