Lululemon Athletica (FRA:33L0) E10: €0.21 (As of Apr. 2026)


FRA:33L0 Lululemon Athletica Inc FRA:33L0
77 GF Score
Price €2.78
GF Value €8.73
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Lululemon Athletica E10?

Lululemon Athletica FRA:33L0 +6.92% 77 E10 is €0.21 as of Apr. 2026. GuruFocus rates FRA:33L0 with a GF Score™ of 77/100 and a GF Value™ of €8.73 (Significantly Undervalued). The stock has 1 warning sign 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.

Lululemon Athletica's adjusted earnings per share data for the three months ended in Apr. 2026 was €0.048. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.21 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Lululemon Athletica's average E10 Growth Rate was 17.20% per year. During the past 3 years, the average E10 Growth Rate was 23.80% per year. During the past 5 years, the average E10 Growth Rate was 23.60% per year. During the past 10 years, the average E10 Growth Rate was 22.10% 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 Lululemon Athletica was 24.20% per year. The lowest was 19.70% per year. And the median was 21.70% per year.

As of today (2026-06-30), Lululemon Athletica's current stock price is €2.78. Lululemon Athletica's E10 for the quarter that ended in Apr. 2026 was €0.21. Lululemon Athletica's Shiller PE Ratio of today is 13.24.

During the past 13 years, the highest Shiller PE Ratio of Lululemon Athletica was 156.63. The lowest was 13.90. And the median was 78.36.


Lululemon Athletica  (FRA:33L0) 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.

Lululemon Athletica's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.78/0.21
=13.24

* 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 Lululemon Athletica was 156.63. The lowest was 13.90. And the median was 78.36.


Be Aware

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


Lululemon Athletica E10 Related Terms


Lululemon Athletica E10 Historical Data

* Premium members only.

The historical data trend for Lululemon Athletica'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.

Lululemon Athletica E10 Chart

Lululemon Athletica Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.20 0.20

Lululemon Athletica Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.18 0.20 0.21 0.20 0.21

FRA:33L0 vs GAP, VSXY, BURL: E10 Comparison

For the Apparel Retail subindustry, Lululemon Athletica'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.


Lululemon Athletica Shiller PE Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lululemon Athletica's Shiller PE Ratio distribution charts can be found below:

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


FRA:33L0
77GF Score
Lululemon Athletica Inc FRA:33L0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lululemon Athletica 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, Lululemon Athletica's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.048/132.2623*132.2623
=0.048

Current CPI (Apr. 2026) = 132.2623.

Lululemon Athletica Quarterly Data

per share eps CPI Adj_EPS
201607 0.012 101.844 0.016
201610 0.015 102.002 0.019
201701 0.031 102.318 0.040
201704 0.007 103.029 0.009
201707 0.010 103.029 0.013
201710 0.012 103.424 0.015
201801 0.024 104.056 0.031
201804 0.015 105.320 0.019
201807 0.020 106.110 0.025
201810 0.020 105.952 0.025
201901 0.048 105.557 0.060
201904 0.022 107.453 0.027
201907 0.028 108.243 0.034
201910 0.029 107.927 0.036
202001 0.068 108.085 0.083
202004 0.007 107.216 0.009
202007 0.019 108.401 0.023
202010 0.031 108.638 0.038
202101 0.068 109.192 0.082
202104 0.031 110.851 0.037
202107 0.044 112.431 0.052
202110 0.041 113.695 0.048
202201 0.098 114.801 0.113
202204 0.045 118.357 0.050
202207 0.073 120.964 0.080
202210 0.067 121.517 0.073
202301 0.029 121.596 0.032
202304 0.069 123.571 0.074
202307 0.080 124.914 0.085
202310 0.061 125.310 0.064
202401 0.160 125.072 0.169
202404 0.078 126.890 0.081
202407 0.096 128.075 0.099
202410 0.087 127.838 0.090
202501 0.196 127.443 0.203
202504 0.076 129.102 0.078
202507 0.088 130.287 0.089
202510 0.073 130.603 0.074
202601 0.141 130.366 0.143
202604 0.048 132.262 0.048

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 €0.21 mean?
Lululemon Athletica (FRA:33L0) has a E10 of €0.21 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Lululemon Athletica and its competitors.
Is Lululemon Athletica's E10 too high?
Lululemon Athletica's current E10 is €0.21. Overall, Lululemon Athletica has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lululemon Athletica's E10 compare to GAP and VSXY?
Lululemon Athletica's E10 of €0.21 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good E10 depends on the Retail - Cyclical 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 Lululemon Athletica and its competitors. Lululemon Athletica's current E10 is €0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lululemon Athletica stock overvalued right now?
Based on GuruFocus' analysis, Lululemon Athletica (FRA:33L0) is currently considered Significantly Undervalued. The stock's GF Value™ is €8.73, compared to a current price of €2.78 — trading 68.2% below its estimated fair value. The current E10 is €0.21. Lululemon Athletica's overall GF Score™ is 77/100 with 1 warning sign 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 Lululemon Athletica (FRA:33L0), the current E10 is €0.21 as of Apr. 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 Lululemon Athletica (FRA:33L0) Overvalued in 2026?

Based on GuruFocus' analysis, Lululemon Athletica stock appears to be undervalued. The current stock price of €2.78 is trading 68.2% below its estimated GF Value™ of €8.73. GuruFocus considers Lululemon Athletica to be Significantly Undervalued.

Key valuation signals for FRA:33L0:

  • E10: €0.21
  • GF Value™: €8.73 vs. price of €2.78 (68.2% below fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the FRA:33L0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lululemon Athletica Business Description

Address 1818 Cornwall Avenue, Vancouver, BC, CAN, V6J 1C7
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. The company offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. Lululemon also sells fitness accessories, such as bags, yoga mats, and equipment. It sells its products through digital channels, a small number of wholesale partners, more than 800 company-owned stores in about two dozen countries in North America, Asia, and Western Europe, and about 45 franchised locations in the Middle East and Europe. The company was founded in 1998 and is based in Vancouver, Canada.
77GF Score

Get the complete analysis for FRA:33L0

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

€2.78
Price
€8.73
GF Value