American Eagle Outfitters (FRA:AFG) E10: €0.99 (As of Apr. 2026)


FRA:AFG American Eagle Outfitters Inc FRA:AFG
80 GF Score
Price €15.87
GF Value €18.77
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is American Eagle Outfitters E10?

American Eagle Outfitters FRA:AFG -1.58% 80 E10 is €0.99 as of Apr. 2026. GuruFocus rates FRA:AFG with a GF Score™ of 80/100 and a GF Value™ of €18.77 (Modestly 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.

American Eagle Outfitters's adjusted earnings per share data for the three months ended in Apr. 2026 was €0.120. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.99 for the trailing ten years ended in Apr. 2026.

During the past 12 months, American Eagle Outfitters's average E10 Growth Rate was 3.50% per year. During the past 3 years, the average E10 Growth Rate was 6.10% per year. During the past 5 years, the average E10 Growth Rate was 6.80% per year. During the past 10 years, the average E10 Growth Rate was 1.30% 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 American Eagle Outfitters was 25.60% per year. The lowest was -5.20% per year. And the median was 1.20% per year.

As of today (2026-06-26), American Eagle Outfitters's current stock price is €15.865. American Eagle Outfitters's E10 for the quarter that ended in Apr. 2026 was €0.99. American Eagle Outfitters's Shiller PE Ratio of today is 16.03.

During the past 13 years, the highest Shiller PE Ratio of American Eagle Outfitters was 46.18. The lowest was 6.62. And the median was 16.35.


American Eagle Outfitters  (FRA:AFG) 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.

American Eagle Outfitters's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=15.865/0.99
=16.03

* 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 American Eagle Outfitters was 46.18. The lowest was 6.62. And the median was 16.35.


Be Aware

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


American Eagle Outfitters E10 Related Terms


American Eagle Outfitters E10 Historical Data

* Premium members only.

The historical data trend for American Eagle Outfitters'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.

American Eagle Outfitters E10 Chart

American Eagle Outfitters 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 0.87 0.86 0.95 1.15 0.97

American Eagle Outfitters 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 1.00 1.06 1.01 0.97 0.99

FRA:AFG vs BKE, ANF, CRI: E10 Comparison

For the Apparel Retail subindustry, American Eagle Outfitters'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.


American Eagle Outfitters Shiller PE Ratio vs Retail - Cyclical Industry

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

* The bar in red indicates where American Eagle Outfitters's Shiller PE Ratio falls into.


FRA:AFG
80GF Score
American Eagle Outfitters Inc FRA:AFG
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

American Eagle Outfitters 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, American Eagle Outfitters'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)
=0.12/333.0200*333.0200
=0.120

Current CPI (Apr. 2026) = 333.0200.

American Eagle Outfitters Quarterly Data

per share eps CPI Adj_EPS
201607 0.208 240.628 0.288
201610 0.372 241.729 0.512
201701 0.282 242.839 0.387
201704 0.131 244.524 0.178
201707 0.104 244.786 0.141
201710 0.306 246.663 0.413
201801 0.426 247.867 0.572
201804 0.179 250.546 0.238
201807 0.291 252.006 0.385
201810 0.418 252.885 0.550
201901 0.377 251.712 0.499
201904 0.205 255.548 0.267
201907 0.339 256.571 0.440
201910 0.434 257.346 0.562
202001 0.027 257.971 0.035
202004 -1.417 256.389 -1.841
202007 -0.070 259.101 -0.090
202010 0.272 260.388 0.348
202101 0.016 261.582 0.020
202104 0.385 267.054 0.480
202107 0.491 273.003 0.599
202110 0.638 276.589 0.768
202201 0.221 281.148 0.262
202204 0.148 289.109 0.170
202207 -0.236 296.276 -0.265
202210 0.426 298.012 0.476
202301 0.260 299.170 0.289
202304 0.082 303.363 0.090
202307 0.226 305.691 0.246
202310 0.464 307.671 0.502
202401 0.028 308.417 0.030
202404 0.317 313.548 0.337
202407 0.360 314.540 0.381
202410 0.376 315.664 0.397
202501 0.522 317.671 0.547
202504 -0.320 320.795 -0.332
202507 0.386 323.048 0.398
202510 0.455 0.000
202601 0.426 325.252 0.436
202604 0.120 333.020 0.120

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 €0.99 mean?
American Eagle Outfitters (FRA:AFG) has a E10 of €0.99 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on American Eagle Outfitters and its competitors.
Is American Eagle Outfitters' E10 too high?
American Eagle Outfitters' current E10 is €0.99. Overall, American Eagle Outfitters has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Eagle Outfitters' E10 compare to BKE and ANF?
American Eagle Outfitters' E10 of €0.99 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 American Eagle Outfitters and its competitors. American Eagle Outfitters's current E10 is €0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Eagle Outfitters stock overvalued right now?
Based on GuruFocus' analysis, American Eagle Outfitters (FRA:AFG) is currently considered Modestly Undervalued. The stock's GF Value™ is €18.77, compared to a current price of €15.87 — trading 15.5% below its estimated fair value. The current E10 is €0.99. American Eagle Outfitters' overall GF Score™ is 80/100 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 American Eagle Outfitters (FRA:AFG), the current E10 is €0.99 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 American Eagle Outfitters (FRA:AFG) Overvalued in 2026?

Based on GuruFocus' analysis, American Eagle Outfitters stock appears to be undervalued. The current stock price of €15.87 is trading 15.5% below its estimated GF Value™ of €18.77. GuruFocus considers American Eagle Outfitters to be Modestly Undervalued.

Key valuation signals for FRA:AFG:

  • E10: €0.99
  • GF Value™: €18.77 vs. price of €15.87 (15.5% below fair value)
  • GF Score™: 80/100 with 1 warning sign

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


American Eagle Outfitters Business Description

Address 77 Hot Metal Street, Pittsburgh, PA, USA, 15203-2329
American Eagle Outfitters Inc is a specialty retailer. The company is engaged in the retail of apparel and accessories with company stores in the United States, Canada, Mexico, and Hong Kong. The Company leases all store premises, regional distribution facilities, some of its office space, and certain information technology and office equipment. American Eagle also has its online business. It operates in two segments: American Eagle and Aerie. The majority of its revenue comes from its primary brand, American Eagle, which offers an assortment of specialty apparel, accessories, and personal care products for women and men. Geographically, it generates the majority of its revenue from the United States.
80GF Score

Get the complete analysis for FRA:AFG

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

€15.87
Price
€18.77
GF Value