Valiant Holding AG (CHIX:VATNZ) E10: CHF8.58 (As of Mar. 2026)


CHIX:VATNZ Valiant Holding AG CHIX:VATNZ
60 GF Score
Price CHF161.50
GF Value CHF109.75
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Valiant Holding AG E10?

Valiant Holding AG CHIX:VATNZ +0.31% 60 E10 is CHF8.58 as of Mar. 2026. GuruFocus rates CHIX:VATNZ with a GF Score™ of 60/100 and a GF Value™ of CHF109.75 (Significantly Overvalued). 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.

Valiant Holding AG's adjusted earnings per share data for the three months ended in Mar. 2026 was CHF2.109. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is CHF8.58 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Valiant Holding AG's average E10 Growth Rate was 1.70% per year. During the past 3 years, the average E10 Growth Rate was 2.40% 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 Valiant Holding AG was 3.00% per year. The lowest was 2.40% per year. And the median was 2.70% per year.

As of today (2026-07-01), Valiant Holding AG's current stock price is CHF161.50. Valiant Holding AG's E10 for the quarter that ended in Mar. 2026 was CHF8.58. Valiant Holding AG's Shiller PE Ratio of today is 18.82.

During the past 13 years, the highest Shiller PE Ratio of Valiant Holding AG was 21.09. The lowest was 10.53. And the median was 12.42.


Valiant Holding AG  (CHIX:VATNz) 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.

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

Shiller PE Ratio=Share Price/E10
=161.50/8.58
=18.82

* 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 Valiant Holding AG was 21.09. The lowest was 10.53. And the median was 12.42.


Be Aware

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


Valiant Holding AG E10 Related Terms


Valiant Holding AG E10 Historical Data

* Premium members only.

The historical data trend for Valiant Holding 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.

Valiant Holding AG E10 Chart

Valiant Holding 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 8.95 8.45 8.21 8.40 8.53

Valiant Holding 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 8.47 8.51 8.53 8.53 8.58

Valiant Holding AG E10 Competitor Comparison

For the Banks - Regional subindustry, Valiant Holding 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.


Valiant Holding AG Shiller PE Ratio vs Banks Industry

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

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


CHIX:VATNZ
60GF Score
Valiant Holding AG CHIX:VATNZ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Valiant Holding 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, Valiant Holding 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)
=2.109/107.1957*107.1957
=2.109

Current CPI (Mar. 2026) = 107.1957.

Valiant Holding AG Quarterly Data

per share eps CPI Adj_EPS
201606 1.802 100.088 1.930
201609 1.890 99.604 2.034
201612 2.288 99.380 2.468
201703 1.505 100.040 1.613
201706 1.799 100.285 1.923
201709 2.001 100.254 2.140
201712 2.243 100.213 2.399
201803 1.643 100.836 1.747
201806 2.141 101.435 2.263
201809 1.610 101.246 1.705
201812 2.225 100.906 2.364
201903 1.788 101.571 1.887
201906 2.106 102.044 2.212
201909 1.583 101.396 1.674
201912 2.189 101.063 2.322
202003 1.656 101.048 1.757
202006 2.151 100.743 2.289
202009 1.743 100.585 1.858
202012 2.168 100.241 2.318
202103 1.681 100.800 1.788
202106 2.195 101.352 2.322
202109 1.732 101.533 1.829
202112 2.188 101.776 2.305
202203 1.744 103.205 1.811
202206 2.183 104.783 2.233
202209 1.929 104.835 1.972
202212 2.345 104.666 2.402
202303 1.880 106.245 1.897
202306 2.378 106.576 2.392
202309 2.053 106.570 2.065
202312 2.824 106.461 2.843
202403 2.010 107.355 2.007
202406 2.502 107.991 2.484
202409 2.136 107.468 2.131
202412 2.874 107.128 2.876
202503 2.073 107.722 2.063
202506 2.573 108.075 2.552
202509 2.210 107.709 2.199
202512 2.945 107.196 2.945
202603 2.109 107.196 2.109

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 CHF8.58 mean?
Valiant Holding AG (CHIX:VATNZ) has a E10 of CHF8.58 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Valiant Holding AG and its competitors.
Is Valiant Holding AG's E10 too high?
Valiant Holding AG's current E10 is CHF8.58. Overall, Valiant Holding AG has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Valiant Holding AG's E10 compare to competitors?
Valiant Holding AG's E10 of CHF8.58 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 Valiant Holding AG and its competitors. Valiant Holding AG's current E10 is CHF8.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valiant Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Valiant Holding AG (CHIX:VATNZ) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF109.75, compared to a current price of CHF161.50 — trading 47.2% above its estimated fair value. The current E10 is CHF8.58. Valiant Holding AG's overall GF Score™ is 60/100 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 Valiant Holding AG (CHIX:VATNZ), the current E10 is CHF8.58 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 Valiant Holding AG (CHIX:VATNZ) Overvalued in 2026?

Based on GuruFocus' analysis, Valiant Holding AG stock appears to be overvalued. The current stock price of CHF161.50 is trading 47.2% above its estimated GF Value™ of CHF109.75. GuruFocus considers Valiant Holding AG to be Significantly Overvalued.

Key valuation signals for CHIX:VATNZ:

  • E10: CHF8.58
  • GF Value™: CHF109.75 vs. price of CHF161.50 (47.2% above fair value)
  • GF Score™: 60/100 with 2 warning signs

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


Valiant Holding AG Business Description

Address c/o Valiant Bank AG, Pilatusstrasse 39, Lucerne, CHE, 6003
Valiant Holding AG is an independent retail and SME bank that offers banking and financial services to clients. It caters to the following client segments: private clients, affluent private clients, self-employed individuals and small companies, and medium-sized companies. The products and services of the Group encompass mobile banking, payment solution Twint, savings accounts, retirement planning solutions, payments, investing, financing products, advisory services, and customized investment solutions.
60GF Score

Get the complete analysis for CHIX:VATNZ

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

CHF161.50
Price
CHF109.75
GF Value