Coface (CHIX:COFAP) E10: €1.22 (As of Mar. 2026)


CHIX:COFAP Coface SA CHIX:COFAP
77 GF Score
Price €16.32
GF Value €16.86
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Coface E10?

Coface CHIX:COFAP 77 E10 is €1.22 as of Mar. 2026. GuruFocus rates CHIX:COFAP with a GF Score™ of 77/100 and a GF Value™ of €16.86 (Fairly Valued). The stock has 4 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.

Coface's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.360. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Coface's average E10 Growth Rate was 6.10% per year. During the past 3 years, the average E10 Growth Rate was 8.50% 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 Coface was 12.10% per year. The lowest was 8.50% per year. And the median was 10.30% per year.

As of today (2026-06-28), Coface's current stock price is €16.32. Coface's E10 for the quarter that ended in Mar. 2026 was €1.22. Coface's Shiller PE Ratio of today is 13.38.

During the past 13 years, the highest Shiller PE Ratio of Coface was 15.86. The lowest was 10.66. And the median was 13.19.


Coface  (CHIX:COFAp) 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.

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

Shiller PE Ratio=Share Price/E10
=16.32/1.22
=13.38

* 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 Coface was 15.86. The lowest was 10.66. And the median was 13.19.


Be Aware

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


Coface E10 Related Terms


Coface E10 Historical Data

* Premium members only.

The historical data trend for Coface'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.

Coface E10 Chart

Coface 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 0.81 0.89 1.03 1.12 1.15

Coface 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 1.15 1.17 1.21 1.15 1.22

CHIX:COFAP vs RGA, EG, RNR: E10 Comparison

For the Insurance - Reinsurance subindustry, Coface'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.


Coface Shiller PE Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Coface's Shiller PE Ratio distribution charts can be found below:

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


CHIX:COFAP
77GF Score
Coface SA CHIX:COFAP
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coface 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, Coface'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)
=0.36/120.9000*120.9000
=0.360

Current CPI (Mar. 2026) = 120.9000.

Coface Quarterly Data

per share eps CPI Adj_EPS
201606 0.021 100.630 0.025
201609 -0.071 100.340 -0.086
201612 0.173 100.650 0.208
201703 0.047 101.170 0.056
201706 0.082 101.320 0.098
201709 0.222 101.330 0.265
201712 0.180 101.850 0.214
201803 0.228 102.750 0.268
201806 0.176 103.370 0.206
201809 0.231 103.560 0.270
201812 0.159 103.470 0.186
201903 0.241 103.890 0.280
201906 0.280 104.580 0.324
201909 0.255 104.500 0.295
201912 0.195 104.980 0.225
202003 0.084 104.590 0.097
202006 0.075 104.790 0.087
202009 0.189 104.550 0.219
202012 0.204 104.960 0.235
202103 0.378 105.750 0.432
202106 0.449 106.340 0.510
202109 0.454 106.810 0.514
202112 0.221 107.850 0.248
202203 0.350 110.490 0.383
202206 0.550 112.550 0.591
202209 0.347 112.740 0.372
202212 0.360 114.160 0.381
202303 0.410 116.790 0.424
202306 0.450 117.650 0.462
202309 0.410 118.260 0.419
202312 0.340 118.390 0.347
202403 0.460 119.470 0.466
202406 0.490 120.200 0.493
202409 0.440 119.560 0.445
202412 0.358 119.950 0.361
202503 0.420 120.380 0.422
202506 0.410 121.360 0.408
202509 0.350 120.950 0.350
202512 0.307 120.900 0.307
202603 0.360 120.900 0.360

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 €1.22 mean?
Coface (CHIX:COFAP) has a E10 of €1.22 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Coface and its competitors.
Is Coface's E10 too high?
Coface's current E10 is €1.22. Overall, Coface has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coface's E10 compare to RGA and EG?
Coface's E10 of €1.22 can be compared against companies in the Insurance 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 Insurance company?
A good E10 depends on the Insurance 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 Coface and its competitors. Coface's current E10 is €1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coface stock overvalued right now?
Based on GuruFocus' analysis, Coface (CHIX:COFAP) is currently considered Fairly Valued. The stock's GF Value™ is €16.86, compared to a current price of €16.32 — trading 3.2% below its estimated fair value. The current E10 is €1.22. Coface's overall GF Score™ is 77/100 with 4 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 Coface (CHIX:COFAP), the current E10 is €1.22 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 Coface (CHIX:COFAP) Overvalued in 2026?

Based on GuruFocus' analysis, Coface stock appears to be undervalued. The current stock price of €16.32 is trading 3.2% below its estimated GF Value™ of €16.86. GuruFocus considers Coface to be Fairly Valued.

Key valuation signals for CHIX:COFAP:

  • E10: €1.22
  • GF Value™: €16.86 vs. price of €16.32 (3.2% below fair value)
  • GF Score™: 77/100 with 4 warning signs

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


Coface Business Description

Address 1, place Costes et Bellonte, CS 20003, Bois-Colombes, FRA, 92270
Coface SA is a property and casualty insurance company. The vast majority of its revenue is generated by its group reinsurance business. Majority of the company's sales are generated in Europe. The company offers credit insurance products to protect companies against potentially uncollected payments from their customers. Coface's plan focuses on risk management. The company considers merger and acquisition investment as a component of its operational growth Plan..
77GF Score

Get the complete analysis for CHIX:COFAP

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

€16.32
Price
€16.86
GF Value