Virginia National Bankshares (FRA:71F) E10: €2.96 (As of Mar. 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:71F Virginia National Bankshares Corp FRA:71F
64 GF Score
Price €36.20
GF Value €30.79
! 4 Warning Signs
View Full Analysis

What is Virginia National Bankshares E10?

Virginia National Bankshares FRA:71F +0.56% 64 E10 is €2.96 as of Mar. 2026. GuruFocus rates FRA:71F with a GF Score™ of 64/100 and a GF Value™ of €30.79. The stock has 4 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.

Virginia National Bankshares's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.839. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.96 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Virginia National Bankshares's average E10 Growth Rate was 8.10% per year. During the past 3 years, the average E10 Growth Rate was 8.20% per year. During the past 5 years, the average E10 Growth Rate was 11.30% 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 Virginia National Bankshares was 17.30% per year. The lowest was 8.20% per year. And the median was 12.30% per year.

As of today (2026-07-25), Virginia National Bankshares's current stock price is €36.20. Virginia National Bankshares's E10 for the quarter that ended in Mar. 2026 was €2.96. Virginia National Bankshares's Shiller PE Ratio of today is 12.23.

During the past 13 years, the highest Shiller PE Ratio of Virginia National Bankshares was 33.43. The lowest was 8.08. And the median was 13.90.


Virginia National Bankshares  (FRA:71F) 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.

Virginia National Bankshares's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=36.20/2.96
=12.23

* 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 Virginia National Bankshares was 33.43. The lowest was 8.08. And the median was 13.90.


Be Aware

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


Virginia National Bankshares E10 Related Terms


Virginia National Bankshares E10 Historical Data

* Premium members only.

The historical data trend for Virginia National Bankshares'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.

Virginia National Bankshares E10 Chart

Virginia National Bankshares 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 0.00 2.50 2.85 3.05 2.90

Virginia National Bankshares 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 2.69 2.69 2.90 2.96 0.00

FRA:71F vs FBLA, NKSH, INBK: E10 Comparison

For the Banks - Regional subindustry, Virginia National Bankshares'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.


Virginia National Bankshares Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Virginia National Bankshares's Shiller PE Ratio falls into.


FRA:71F
64GF Score
Virginia National Bankshares Corp FRA:71F
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Virginia National Bankshares 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, Virginia National Bankshares'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)
=0.839/330.2130*330.2130
=0.839

Current CPI (Mar. 2026) = 330.2130.

Virginia National Bankshares Quarterly Data

per share eps CPI Adj_EPS
201606 0.509 241.018 0.697
201609 0.477 241.428 0.652
201612 0.533 241.432 0.729
201703 0.585 243.801 0.792
201706 0.644 244.955 0.868
201709 0.543 246.819 0.726
201712 0.360 246.524 0.482
201803 0.842 249.554 1.114
201806 0.582 251.989 0.763
201809 0.686 252.439 0.897
201812 0.553 251.233 0.727
201903 0.407 254.202 0.529
201906 0.699 256.143 0.901
201909 0.645 256.759 0.830
201912 0.477 256.974 0.613
202003 0.471 258.115 0.603
202006 0.684 257.797 0.876
202009 0.586 260.280 0.743
202012 0.789 260.474 1.000
202103 0.463 264.877 0.577
202106 0.023 271.696 0.028
202109 0.503 274.310 0.606
202112 0.870 278.802 1.030
202203 0.835 287.504 0.959
202206 1.003 296.311 1.118
202209 1.091 296.808 1.214
202212 1.246 296.797 1.386
202303 1.009 301.836 1.104
202306 0.969 305.109 1.049
202309 0.806 307.789 0.865
202312 0.541 306.746 0.582
202403 0.626 312.332 0.662
202406 0.715 314.175 0.751
202409 0.766 315.301 0.802
202412 0.812 315.605 0.850
202503 0.768 319.799 0.793
202506 0.676 322.561 0.692
202509 0.716 324.800 0.728
202512 0.939 324.054 0.957
202603 0.839 330.213 0.839

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 €2.96 mean?
Virginia National Bankshares (FRA:71F) has a E10 of €2.96 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Virginia National Bankshares and its competitors.
Is Virginia National Bankshares' E10 too high?
Virginia National Bankshares' current E10 is €2.96. Overall, Virginia National Bankshares has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Virginia National Bankshares' E10 compare to FBLA and NKSH?
Virginia National Bankshares' E10 of €2.96 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 Virginia National Bankshares and its competitors. Virginia National Bankshares's current E10 is €2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virginia National Bankshares stock overvalued right now?
Virginia National Bankshares (FRA:71F) has a current E10 of €2.96. The stock's GF Value™ is €30.79, compared to a current price of €36.20 — trading 17.6% above its estimated fair value. The current E10 is €2.96. Virginia National Bankshares' overall GF Score™ is 64/100 with 4 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 Virginia National Bankshares (FRA:71F), the current E10 is €2.96 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 Virginia National Bankshares (FRA:71F) Overvalued in 2026?

Based on GuruFocus' analysis, Virginia National Bankshares stock appears to be overvalued. The current stock price of €36.20 is trading 17.6% above its estimated GF Value™ of €30.79.

Key valuation signals for FRA:71F:

  • E10: €2.96
  • GF Value™: €30.79 vs. price of €36.20 (17.6% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the FRA:71F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Virginia National Bankshares Business Description

Other Exchanges VABK:USA
Address 404 People Place, Charlottesville, VA, USA, 22911
Virginia National Bankshares Corp is a bank holding company engaged in commercial and retail banking. The bank offers a range of banking and related financial services, including checking accounts, negotiable order of withdrawal accounts, money market deposit accounts, certificates of deposit, individual retirement accounts, and other depository services. Its segments include the Bank, VNB Trust and Estate Services, and Masonry Capital. The Bank's commercial banking activities involve making loans, taking deposits, and offering related services to individuals, businesses, and charitable organizations.
64GF Score

Get the complete analysis for FRA:71F

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

€36.20
Price
€30.79
GF Value