CRARF (Credit Agricole) E10: $1.97 (As of Mar. 2026)


CRARF Credit Agricole SA CRARF
64 GF Score
Price $19.99
GF Value $18.39
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Credit Agricole E10?

Credit Agricole CRARF +0.95% 64 E10 is $1.97 as of Mar. 2026. GuruFocus rates CRARF with a GF Score™ of 64/100 and a GF Value™ of $18.39 (Fairly Valued). The stock has 6 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.

Credit Agricole's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.601. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.97 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Credit Agricole's average E10 Growth Rate was 8.10% per year. During the past 3 years, the average E10 Growth Rate was 7.80% per year. During the past 5 years, the average E10 Growth Rate was 23.10% 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 Credit Agricole was 36.30% per year. The lowest was 7.80% per year. And the median was 23.15% per year.

As of today (2026-06-29), Credit Agricole's current stock price is $19.988. Credit Agricole's E10 for the quarter that ended in Mar. 2026 was $1.97. Credit Agricole's Shiller PE Ratio of today is 10.15.

During the past 13 years, the highest Shiller PE Ratio of Credit Agricole was 43.67. The lowest was 7.41. And the median was 11.96.


Credit Agricole  (OTCPK:CRARF) 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.

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

Shiller PE Ratio=Share Price/E10
=19.988/1.97
=10.15

* 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 Credit Agricole was 43.67. The lowest was 7.41. And the median was 11.96.


Be Aware

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


Credit Agricole E10 Related Terms


Credit Agricole E10 Historical Data

* Premium members only.

The historical data trend for Credit Agricole'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.

Credit Agricole E10 Chart

Credit Agricole 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 0.93 1.41 1.60 1.65 2.00

Credit Agricole 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 1.71 1.81 1.99 2.00 1.97

Credit Agricole E10 Competitor Comparison

For the Banks - Regional subindustry, Credit Agricole'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.


Credit Agricole Shiller PE Ratio vs Banks Industry

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

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


CRARF
64GF Score
Credit Agricole SA CRARF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Credit Agricole 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, Credit Agricole'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)
=0.601/120.9000*120.9000
=0.601

Current CPI (Mar. 2026) = 120.9000.

Credit Agricole Quarterly Data

per share eps CPI Adj_EPS
201606 0.447 100.630 0.537
201609 0.681 100.340 0.821
201612 -0.080 100.650 -0.096
201703 0.257 101.170 0.307
201706 0.423 101.320 0.505
201709 0.405 101.330 0.483
201712 -0.027 101.850 -0.032
201803 0.308 102.750 0.362
201806 0.551 103.370 0.644
201809 0.408 103.560 0.476
201812 0.349 103.470 0.408
201903 0.249 103.890 0.290
201906 0.440 104.580 0.509
201909 0.363 104.500 0.420
201912 0.599 104.980 0.690
202003 0.188 104.590 0.217
202006 0.341 104.790 0.393
202009 0.377 104.550 0.436
202012 0.017 104.960 0.020
202103 0.381 105.750 0.436
202106 0.740 106.340 0.841
202109 0.506 106.810 0.573
202112 0.510 107.850 0.572
202203 0.165 110.490 0.181
202206 0.684 112.550 0.735
202209 0.406 112.740 0.435
202212 0.463 114.160 0.490
202303 0.385 116.790 0.399
202306 0.696 117.650 0.715
202309 0.566 118.260 0.579
202312 0.449 118.390 0.459
202403 0.543 119.470 0.549
202406 0.630 120.200 0.634
202409 0.555 119.560 0.561
202412 0.543 119.950 0.547
202503 0.605 120.380 0.608
202506 0.855 121.360 0.852
202509 0.622 120.950 0.622
202512 0.633 120.900 0.633
202603 0.601 120.900 0.601

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 $1.97 mean?
Credit Agricole (CRARF) has a E10 of $1.97 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Credit Agricole and its competitors.
Is Credit Agricole's E10 too high?
Credit Agricole's current E10 is $1.97. Overall, Credit Agricole has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Credit Agricole's E10 compare to competitors?
Credit Agricole's E10 of $1.97 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 Credit Agricole and its competitors. Credit Agricole's current E10 is $1.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credit Agricole stock overvalued right now?
Based on GuruFocus' analysis, Credit Agricole (CRARF) is currently considered Fairly Valued. The stock's GF Value™ is $18.39, compared to a current price of $19.99 — trading 8.7% above its estimated fair value. The current E10 is $1.97. Credit Agricole's overall GF Score™ is 64/100 with 6 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 Credit Agricole (CRARF), the current E10 is $1.97 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 Credit Agricole (CRARF) Overvalued in 2026?

Based on GuruFocus' analysis, Credit Agricole stock appears to be overvalued. The current stock price of $19.99 is trading 8.7% above its estimated GF Value™ of $18.39. GuruFocus considers Credit Agricole to be Fairly Valued.

Key valuation signals for CRARF:

  • E10: $1.97
  • GF Value™: $18.39 vs. price of $19.99 (8.7% above fair value)
  • GF Score™: 64/100 with 6 warning signs

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


Credit Agricole Business Description

Address 50 avenue Jean Jaures, Montrouge, Paris, FRA, 92120
Credit Agricole S.A. is majority-owned by a group of 39 mutually owned, regional French banks, and together, they form the Credit Agricole Group, the largest cooperative bank globally. Credit Agricole S.A. houses all of Credit Agricole Group's activities, excluding the core French retail and commercial banking operations and including corporate and investment banking, its insurance operations, its international operations, notably in Italy, LCL, a separately branded French retail bank, and Credit Agricole S.A.'s majority interest in individually listed asset manager Amundi. Credit Agricole S.A. also acts as the central bank for the group.
64GF Score

Get the complete analysis for CRARF

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

$19.99
Price
$18.39
GF Value