Grenke AG (CHIX:GLJD) E10: €3.14 (As of Mar. 2026)


CHIX:GLJD Grenke AG CHIX:GLJD
57 GF Score
Price €12.31
GF Value €21.43
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Grenke AG E10?

Grenke AG CHIX:GLJD 57 E10 is €3.14 as of Mar. 2026. GuruFocus rates CHIX:GLJD with a GF Score™ of 57/100 and a GF Value™ of €21.43 (Possible Value Trap). The stock has 3 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.

Grenke AG's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.030. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.14 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Grenke AG's average E10 Growth Rate was -2.10% per year. During the past 3 years, the average E10 Growth Rate was 1.40% per year. During the past 5 years, the average E10 Growth Rate was 5.00% 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 Grenke AG was 10.50% per year. The lowest was 1.40% per year. And the median was 8.40% per year.

As of today (2026-06-30), Grenke AG's current stock price is €12.31. Grenke AG's E10 for the quarter that ended in Mar. 2026 was €3.14. Grenke AG's Shiller PE Ratio of today is 3.92.

During the past 13 years, the highest Shiller PE Ratio of Grenke AG was 71.53. The lowest was 4.98. And the median was 12.88.


Grenke AG  (CHIX:GLJd) 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.

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

Shiller PE Ratio=Share Price/E10
=12.31/3.14
=3.92

* 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 Grenke AG was 71.53. The lowest was 4.98. And the median was 12.88.


Be Aware

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


Grenke AG E10 Related Terms


Grenke AG E10 Historical Data

* Premium members only.

The historical data trend for Grenke AG'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.

Grenke AG E10 Chart

Grenke AG 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 2.09 2.46 2.16 4.25 2.55

Grenke AG 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 2.43 2.11 2.42 2.55 3.14

CHIX:GLJD vs V, MA, AXP: E10 Comparison

For the Credit Services subindustry, Grenke AG'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.


Grenke AG Shiller PE Ratio vs Credit Services Industry

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

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


CHIX:GLJD
57GF Score
Grenke AG CHIX:GLJD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grenke AG 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, Grenke AG'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)
=0.03/131.2583*131.2583
=0.030

Current CPI (Mar. 2026) = 131.2583.

Grenke AG Quarterly Data

per share eps CPI Adj_EPS
201606 0.600 100.717 0.782
201609 0.580 101.017 0.754
201612 0.610 101.217 0.791
201703 0.550 101.417 0.712
201706 0.590 102.117 0.758
201709 0.610 102.717 0.779
201712 0.570 102.617 0.729
201803 0.560 102.917 0.714
201806 0.760 104.017 0.959
201809 0.740 104.718 0.928
201812 0.720 104.217 0.907
201903 0.590 104.217 0.743
201906 0.740 105.718 0.919
201909 0.770 106.018 0.953
201912 0.653 105.818 0.810
202003 0.350 105.718 0.435
202006 0.310 106.618 0.382
202009 0.600 105.818 0.744
202012 0.600 105.518 0.746
202103 0.120 107.518 0.146
202106 0.400 108.486 0.484
202109 0.510 109.435 0.612
202112 0.910 110.384 1.082
202203 0.256 113.968 0.295
202206 0.460 115.760 0.522
202209 0.500 118.818 0.552
202212 0.530 119.345 0.583
202303 0.190 122.402 0.204
202306 0.550 123.140 0.586
202309 0.530 124.195 0.560
202312 0.520 123.773 0.551
202403 0.220 125.038 0.231
202406 0.580 125.882 0.605
202409 0.300 126.198 0.312
202412 0.340 127.041 0.351
202503 0.020 127.779 0.021
202506 0.360 128.412 0.368
202509 0.470 129.255 0.477
202512 0.480 129.361 0.487
202603 0.030 131.258 0.030

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 €3.14 mean?
Grenke AG (CHIX:GLJD) has a E10 of €3.14 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Grenke AG and its competitors.
Is Grenke AG's E10 too high?
Grenke AG's current E10 is €3.14. Overall, Grenke AG has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Grenke AG's E10 compare to V and MA?
Grenke AG's E10 of €3.14 can be compared against companies in the Credit Services 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 Credit Services company?
A good E10 depends on the Credit Services 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 Grenke AG and its competitors. Grenke AG's current E10 is €3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grenke AG stock overvalued right now?
Based on GuruFocus' analysis, Grenke AG (CHIX:GLJD) is currently considered Possible Value Trap. The stock's GF Value™ is €21.43, compared to a current price of €12.31 — trading 42.6% below its estimated fair value. The current E10 is €3.14. Grenke AG's overall GF Score™ is 57/100 with 3 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 Grenke AG (CHIX:GLJD), the current E10 is €3.14 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 Grenke AG (CHIX:GLJD) Overvalued in 2026?

Based on GuruFocus' analysis, Grenke AG stock appears to be undervalued. The current stock price of €12.31 is trading 42.6% below its estimated GF Value™ of €21.43. GuruFocus considers Grenke AG to be Possible Value Trap.

Key valuation signals for CHIX:GLJD:

  • E10: €3.14
  • GF Value™: €21.43 vs. price of €12.31 (42.6% below fair value)
  • GF Score™: 57/100 with 3 warning signs

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


Grenke AG Business Description

Address Neuer Markt 2, Baden-Baden, DEU, 76532
Grenke AG is a financial services company that, under a franchise model, provides operational infrastructure and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. The company's reporting segments include: The Leasing segment, which generates key revenue, and consists of financing to commercial lessees, rental, service, protection and maintenance offerings, and the disposal of used equipment. The Banking segment acts as a financing partner, particularly to small- and medium-sized companies, and the Factoring segment offers traditional factoring services with a focus on small-ticket factoring.
57GF Score

Get the complete analysis for CHIX:GLJD

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

€12.31
Price
€21.43
GF Value