Jones Lang LaSalle (FRA:4J2) E10: €11.48 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:4J2 Jones Lang LaSalle Inc FRA:4J2
91 GF Score
Price €328.00
GF Value €270.86
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Jones Lang LaSalle E10?

Jones Lang LaSalle FRA:4J2 +5.13% 91 E10 is €11.48 as of Jun. 2026. GuruFocus rates FRA:4J2 with a GF Score™ of 91/100 and a GF Value™ of €270.86 (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.

Jones Lang LaSalle's adjusted earnings per share data for the three months ended in Jun. 2026 was €3.984. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €11.48 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Jones Lang LaSalle's average E10 Growth Rate was 10.80% per year. During the past 3 years, the average E10 Growth Rate was 3.00% per year. During the past 5 years, the average E10 Growth Rate was 8.00% per year. During the past 10 years, the average E10 Growth Rate was 10.40% 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 Jones Lang LaSalle was 39.90% per year. The lowest was 3.00% per year. And the median was 14.20% per year.

As of today (2026-08-21), Jones Lang LaSalle's current stock price is €328.00. Jones Lang LaSalle's E10 for the quarter that ended in Jun. 2026 was €11.48. Jones Lang LaSalle's Shiller PE Ratio of today is 28.57.

During the past 13 years, the highest Shiller PE Ratio of Jones Lang LaSalle was 32.52. The lowest was 10.75. And the median was 21.45.


Jones Lang LaSalle  (FRA:4J2) 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.

Jones Lang LaSalle's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=328.00/11.48
=28.57

* 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 Jones Lang LaSalle was 32.52. The lowest was 10.75. And the median was 21.45.


Be Aware

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


Jones Lang LaSalle E10 Related Terms


Jones Lang LaSalle E10 Historical Data

* Premium members only.

The historical data trend for Jones Lang LaSalle'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.

Jones Lang LaSalle E10 Chart

Jones Lang LaSalle 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 8.84 10.64 10.29 11.08 10.41

Jones Lang LaSalle Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 10.14 10.31 10.41 10.87 11.48

FRA:4J2 vs BEKE, CSGP, COMP: E10 Comparison

For the Real Estate Services subindustry, Jones Lang LaSalle'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.


Jones Lang LaSalle Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Jones Lang LaSalle's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Jones Lang LaSalle's Shiller PE Ratio falls into.


FRA:4J2
91GF Score
Jones Lang LaSalle Inc FRA:4J2
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jones Lang LaSalle 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, Jones Lang LaSalle's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.984/333.9520*333.9520
=3.984

Current CPI (Jun. 2026) = 333.9520.

Jones Lang LaSalle Quarterly Data

per share eps CPI Adj_EPS
201609 0.936 241.428 1.295
201612 3.432 241.432 4.747
201703 0.150 243.801 0.205
201706 1.833 244.955 2.499
201709 1.804 246.819 2.441
201712 1.445 246.524 1.957
201803 0.714 249.554 0.955
201806 2.012 251.989 2.666
201809 2.511 252.439 3.322
201812 3.841 251.233 5.106
201903 0.407 254.202 0.535
201906 2.124 256.143 2.769
201909 2.243 256.759 2.917
201912 4.707 256.974 6.117
202003 0.090 258.115 0.116
202006 0.258 257.797 0.334
202009 2.139 260.280 2.744
202012 3.946 260.474 5.059
202103 1.655 264.877 2.087
202106 3.171 271.696 3.898
202109 3.885 274.310 4.730
202112 7.222 278.802 8.651
202203 2.597 287.504 3.017
202206 3.689 296.311 4.158
202209 2.909 296.808 3.273
202212 3.417 296.797 3.845
202303 -0.177 301.836 -0.196
202306 0.046 305.109 0.050
202309 1.153 307.789 1.251
202312 3.274 306.746 3.564
202403 1.260 312.332 1.347
202406 1.626 314.175 1.728
202409 2.883 315.301 3.054
202412 4.746 315.605 5.022
202503 1.054 319.799 1.101
202506 2.011 322.561 2.082
202509 3.928 324.800 4.039
202512 7.122 324.054 7.340
202603 2.880 330.213 2.913
202606 3.984 333.952 3.984

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 €11.48 mean?
Jones Lang LaSalle (FRA:4J2) has a E10 of €11.48 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Jones Lang LaSalle and its competitors.
Is Jones Lang LaSalle's E10 too high?
Jones Lang LaSalle's current E10 is €11.48. Overall, Jones Lang LaSalle has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jones Lang LaSalle's E10 compare to BEKE and CSGP?
Jones Lang LaSalle's E10 of €11.48 can be compared against companies in the Real Estate 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 Real Estate company?
A good E10 depends on the Real Estate 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 Jones Lang LaSalle and its competitors. Jones Lang LaSalle's current E10 is €11.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jones Lang LaSalle stock overvalued right now?
Based on GuruFocus' analysis, Jones Lang LaSalle (FRA:4J2) is currently considered Modestly Overvalued. The stock's GF Value™ is €270.86, compared to a current price of €328.00 — trading 21.1% above its estimated fair value. The current E10 is €11.48. Jones Lang LaSalle's overall GF Score™ is 91/100 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 Jones Lang LaSalle (FRA:4J2), the current E10 is €11.48 as of Jun. 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 Jones Lang LaSalle (FRA:4J2) Overvalued in 2026?

Based on GuruFocus' analysis, Jones Lang LaSalle stock appears to be overvalued. The current stock price of €328.00 is trading 21.1% above its estimated GF Value™ of €270.86. GuruFocus considers Jones Lang LaSalle to be Modestly Overvalued.

Key valuation signals for FRA:4J2:

  • E10: €11.48
  • GF Value™: €270.86 vs. price of €328.00 (21.1% above fair value)
  • GF Score™: 91/100 with 6 warning signs

No single metric tells the full story. See the FRA:4J2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jones Lang LaSalle Business Description

Other Exchanges JLL:USA0JPB:UK
Address 200 East Randolph Drive, Chicago, IL, USA, 60601
Jones Lang LaSalle provides a wide range of real estate-related services to owners, occupiers, and investors worldwide, including leasing, property and project management, and capital markets advisory. JLL's investment management arm, LaSalle Investment Management, manages over $86 billion for clients across diverse public and private real estate strategies as of the end of 2025.
91GF Score

Get the complete analysis for FRA:4J2

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

€328.00
Price
€270.86
GF Value