iA Financial (FRA:1OD) E10: €4.71 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:1OD iA Financial Corp Inc FRA:1OD
57 GF Score
Price €129.00
GF Value €84.55
! 8 Warning Signs
View Full Analysis

What is iA Financial E10?

iA Financial FRA:1OD +2.38% 57 E10 is €4.71 as of Mar. 2026. GuruFocus rates FRA:1OD with a GF Score™ of 57/100 and a GF Value™ of €84.55. The stock has 8 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.

iA Financial's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.939. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.71 for the trailing ten years ended in Mar. 2026.

During the past 12 months, iA Financial's average E10 Growth Rate was 11.60% per year. During the past 3 years, the average E10 Growth Rate was 10.10% per year. During the past 5 years, the average E10 Growth Rate was 9.70% per year. During the past 10 years, the average E10 Growth Rate was 10.10% 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 iA Financial was 11.90% per year. The lowest was 5.10% per year. And the median was 8.85% per year.

As of today (2026-08-01), iA Financial's current stock price is €129.00. iA Financial's E10 for the quarter that ended in Mar. 2026 was €4.71. iA Financial's Shiller PE Ratio of today is 27.39.

During the past 13 years, the highest Shiller PE Ratio of iA Financial was 27.08. The lowest was 8.60. And the median was 14.86.


iA Financial  (FRA:1OD) 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.

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

Shiller PE Ratio=Share Price/E10
=129.00/4.71
=27.39

* 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 iA Financial was 27.08. The lowest was 8.60. And the median was 14.86.


Be Aware

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


iA Financial E10 Related Terms


iA Financial E10 Historical Data

* Premium members only.

The historical data trend for iA Financial'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.

iA Financial E10 Chart

iA Financial 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 3.72 3.93 4.15 4.42 4.67

iA Financial 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 4.39 4.35 4.46 4.67 4.71

FRA:1OD vs BRK.A, AIG, HIG: E10 Comparison

For the Insurance - Diversified subindustry, iA Financial'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.


iA Financial Shiller PE Ratio vs Insurance Industry

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

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


FRA:1OD
57GF Score
iA Financial Corp Inc FRA:1OD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

iA Financial 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, iA Financial'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)
=0.939/132.2623*132.2623
=0.939

Current CPI (Mar. 2026) = 132.2623.

iA Financial Quarterly Data

per share eps CPI Adj_EPS
201606 0.932 102.002 1.208
201609 0.952 101.765 1.237
201612 1.052 101.449 1.372
201703 0.719 102.634 0.927
201706 0.797 103.029 1.023
201709 0.922 103.345 1.180
201712 0.821 103.345 1.051
201803 0.809 105.004 1.019
201806 0.939 105.557 1.177
201809 0.986 105.636 1.235
201812 0.890 105.399 1.117
201903 0.927 106.979 1.146
201906 1.125 107.690 1.382
201909 1.179 107.611 1.449
201912 1.087 107.769 1.334
202003 0.233 107.927 0.286
202006 1.120 108.401 1.367
202009 1.303 108.164 1.593
202012 1.027 108.559 1.251
202103 1.076 110.298 1.290
202106 1.460 111.720 1.728
202109 1.348 112.905 1.579
202112 1.341 113.774 1.559
202203 -0.165 117.646 -0.186
202206 1.042 120.806 1.141
202209 0.008 120.648 0.009
202212 1.181 120.964 1.291
202303 1.761 122.702 1.898
202306 1.313 124.203 1.398
202309 0.374 125.230 0.395
202312 1.668 125.072 1.764
202403 1.590 126.258 1.666
202406 1.437 127.522 1.490
202409 1.989 127.285 2.067
202412 1.562 127.364 1.622
202503 1.276 129.181 1.306
202506 2.176 129.892 2.216
202509 2.408 130.287 2.445
202512 1.220 130.366 1.238
202603 0.939 132.262 0.939

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 €4.71 mean?
iA Financial (FRA:1OD) has a E10 of €4.71 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on iA Financial and its competitors.
Is iA Financial's E10 too high?
iA Financial's current E10 is €4.71. Overall, iA Financial has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does iA Financial's E10 compare to BRK.A and AIG?
iA Financial's E10 of €4.71 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 iA Financial and its competitors. iA Financial's current E10 is €4.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iA Financial stock overvalued right now?
iA Financial (FRA:1OD) has a current E10 of €4.71. The stock's GF Value™ is €84.55, compared to a current price of €129.00 — trading 52.6% above its estimated fair value. The current E10 is €4.71. iA Financial's overall GF Score™ is 57/100 with 8 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 iA Financial (FRA:1OD), the current E10 is €4.71 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 iA Financial (FRA:1OD) Overvalued in 2026?

Based on GuruFocus' analysis, iA Financial stock appears to be overvalued. The current stock price of €129.00 is trading 52.6% above its estimated GF Value™ of €84.55.

Key valuation signals for FRA:1OD:

  • E10: €4.71
  • GF Value™: €84.55 vs. price of €129.00 (52.6% above fair value)
  • GF Score™: 57/100 with 8 warning signs

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


iA Financial Business Description

Address 1080 Grande Allee West, Quebec, QC, CAN, G1S 1C7
iA Financial Corp Inc is an insurance and wealth management group based in Canada. It offers various life and health insurance products, savings and retirement plans, mutual funds, securities, loans, auto and home insurance, creditor insurance, replacement insurance, replacement warranties, extended warranties, and other ancillary products for dealer services and other financial products and services. The company's products and services are offered on both an individual and group basis and extend throughout Canada and the United States. Its operating segments are: Insurance, Canada; Wealth Management; U.S. Operations; Investment; and Corporate. Maximum revenue is generated from the Insurance, Canada segment.
57GF Score

Get the complete analysis for FRA:1OD

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

€129.00
Price
€84.55
GF Value