VRG (FRA:1NL) E10: €0.00 (As of Mar. 2026)


FRA:1NL VRG SA FRA:1NL
26 GF Score
Price €1.20
GF Value €0.94
Valuation Modestly Overvalued
! 6 Warning Signs
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What is VRG E10?

VRG FRA:1NL +3.02% 26 E10 is €0.00 as of Mar. 2026. GuruFocus rates FRA:1NL with a GF Score™ of 26/100 and a GF Value™ of €0.94 (Modestly Overvalued). 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.

VRG's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.00 for the trailing ten years ended in Mar. 2026.

During the past 12 months, VRG's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 8.30% per year. During the past 5 years, the average E10 Growth Rate was 13.50% 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 VRG was 15.90% per year. The lowest was 8.30% per year. And the median was 15.70% per year.

As of today (2026-06-30), VRG's current stock price is €1.195. VRG's E10 for the quarter that ended in Mar. 2026 was €0.00. VRG's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of VRG was 22.62. The lowest was 10.26. And the median was 13.66.


VRG  (FRA:1NL) 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.

During the past 13 years, the highest Shiller P/E Ratio of VRG was 22.62. The lowest was 10.26. And the median was 13.66.


Be Aware

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


VRG E10 Related Terms


VRG E10 Historical Data

* Premium members only.

The historical data trend for VRG'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.

VRG E10 Chart

VRG 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 0.04 0.06 0.06 0.07 0.08

VRG 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 0.07 0.07 0.07 0.08 0.00

FRA:1NL vs RL, LEVI, VFC: E10 Comparison

For the Apparel Manufacturing subindustry, VRG'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.


VRG Shiller PE Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VRG's Shiller PE Ratio distribution charts can be found below:

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


FRA:1NL
26GF Score
VRG SA FRA:1NL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

VRG 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, VRG'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)
=0/158.3232*158.3232
=0.000

Current CPI (Mar. 2026) = 158.3232.

VRG Quarterly Data

per share eps CPI Adj_EPS
201606 0.016 99.552 0.025
201609 0.005 99.064 0.008
201612 0.026 100.366 0.041
201703 -0.001 101.018 -0.002
201706 0.019 101.180 0.030
201709 0.007 101.343 0.011
201712 0.030 102.564 0.046
201803 0.000 102.564 0.000
201806 0.019 103.378 0.029
201809 0.009 103.378 0.014
201812 0.040 103.785 0.061
201903 -0.002 104.274 -0.003
201906 0.023 105.983 0.034
201909 -0.002 105.983 -0.003
201912 0.042 107.123 0.062
202003 -0.033 109.076 -0.048
202006 0.000 109.402 0.000
202009 0.005 109.320 0.007
202012 -0.014 109.565 -0.020
202103 -0.019 112.658 -0.027
202106 0.021 113.960 0.029
202109 0.023 115.588 0.032
202112 0.037 119.088 0.049
202203 -0.002 125.031 -0.003
202206 0.040 131.705 0.048
202209 0.009 135.531 0.011
202212 0.047 139.113 0.053
202303 0.002 145.950 0.002
202306 0.047 147.009 0.051
202309 0.001 146.113 0.001
202312 0.049 147.741 0.053
202403 0.002 149.044 0.002
202406 0.028 150.997 0.029
202409 0.009 153.439 0.009
202412 0.047 154.660 0.048
202503 0.007 157.021 0.007
202506 0.028 157.509 0.028
202509 0.012 157.998 0.012
202512 0.051 158.323 0.051
202603 0.000 158.323 0.000

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 €0.00 mean?
VRG (FRA:1NL) has a E10 of €0.00 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on VRG and its competitors.
Is VRG's E10 too high?
VRG's current E10 is €0.00. Overall, VRG has a GF Score™ of 26/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VRG's E10 compare to RL and LEVI?
VRG's E10 of €0.00 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good E10 depends on the Manufacturing - Apparel & Accessories 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 VRG and its competitors. VRG's current E10 is €0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VRG stock overvalued right now?
Based on GuruFocus' analysis, VRG (FRA:1NL) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.94, compared to a current price of €1.20 — trading 27.1% above its estimated fair value. The current E10 is €0.00. VRG's overall GF Score™ is 26/100 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 VRG (FRA:1NL), the current E10 is €0.00 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 VRG (FRA:1NL) Overvalued in 2026?

Based on GuruFocus' analysis, VRG stock appears to be overvalued. The current stock price of €1.20 is trading 27.1% above its estimated GF Value™ of €0.94. GuruFocus considers VRG to be Modestly Overvalued.

Key valuation signals for FRA:1NL:

  • E10: €0.00
  • GF Value™: €0.94 vs. price of €1.20 (27.1% above fair value)
  • GF Score™: 26/100 with 6 warning signs

No single metric tells the full story. See the FRA:1NL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VRG Business Description

Other Exchanges VRG:Poland
Address 10 Pilotow Street, Cracow, POL, 31-462
VRG SA is a Poland-based holding that specializes in the design, manufacture, and distribution of men's clothing and accessories. The company's operating segment includes Apparel and Jewellery. It generates maximum revenue from the Apparel segment. Geographically, it derives a majority of revenue from Poland. The company's brands include Vistula, Vistula Red, Lantier, Vesari, Wolczanka, Lambert, and other brand names.
26GF Score

Get the complete analysis for FRA:1NL

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

€1.20
Price
€0.94
GF Value