Amazon.com (FRA:AMZ1) E10: €0.25 (As of Jun. 2026)

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FRA:AMZ1 Amazon.com Inc FRA:AMZ1
92 GF Score
Price €19.50
GF Value €16.96
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Amazon.com E10?

Amazon.com FRA:AMZ1 +19.63% 92 E10 is €0.25 as of Jun. 2026. GuruFocus rates FRA:AMZ1 with a GF Score™ of 92/100 and a GF Value™ of €16.96 (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.

Amazon.com's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.435. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.25 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Amazon.com's average E10 Growth Rate was -100.00% per year. During the past 3 years, the average E10 Growth Rate was 42.20% per year. During the past 5 years, the average E10 Growth Rate was 35.30% per year. During the past 10 years, the average E10 Growth Rate was 47.10% 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 Amazon.com was 66.70% per year. The lowest was -5.90% per year. And the median was 31.75% per year.

As of today (2026-08-01), Amazon.com's current stock price is €19.50. Amazon.com's E10 for the quarter that ended in Jun. 2026 was €0.25. Amazon.com's Shiller PE Ratio of today is 78.00.

During the past 13 years, the highest Shiller PE Ratio of Amazon.com was 717.68. The lowest was 72.84. And the median was 262.77.


Amazon.com  (FRA:AMZ1) 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.

Amazon.com's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=19.50/0.25
=78.00

* 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 Amazon.com was 717.68. The lowest was 72.84. And the median was 262.77.


Be Aware

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


Amazon.com E10 Related Terms


Amazon.com E10 Historical Data

* Premium members only.

The historical data trend for Amazon.com'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.

Amazon.com E10 Chart

Amazon.com 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 0.08 0.08 0.10 0.15 0.18

Amazon.com 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 0.16 0.17 0.18 0.20 0.25

FRA:AMZ1 vs BABA, PDD, MELI: E10 Comparison

For the Internet Retail subindustry, Amazon.com'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.


Amazon.com Shiller PE Ratio vs Retail - Cyclical Industry

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

* The bar in red indicates where Amazon.com's Shiller PE Ratio falls into.


FRA:AMZ1
92GF Score
Amazon.com Inc FRA:AMZ1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Amazon.com 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, Amazon.com'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)
=0.435/333.9520*333.9520
=0.435

Current CPI (Jun. 2026) = 333.9520.

Amazon.com Quarterly Data

per share eps CPI Adj_EPS
201609 0.002 241.428 0.003
201612 0.006 241.432 0.008
201703 0.006 243.801 0.008
201706 0.002 244.955 0.003
201709 0.002 246.819 0.003
201712 0.014 246.524 0.019
201803 0.012 249.554 0.016
201806 0.019 251.989 0.025
201809 0.021 252.439 0.028
201812 0.023 251.233 0.031
201903 0.027 254.202 0.035
201906 0.020 256.143 0.026
201909 0.017 256.759 0.022
201912 0.025 256.974 0.032
202003 0.020 258.115 0.026
202006 0.040 257.797 0.052
202009 0.046 260.280 0.059
202012 0.050 260.474 0.064
202103 0.058 264.877 0.073
202106 0.055 271.696 0.068
202109 0.023 274.310 0.028
202112 0.107 278.802 0.128
202203 -0.030 287.504 -0.035
202206 -0.016 296.311 -0.018
202209 0.025 296.808 0.028
202212 0.002 296.797 0.002
202303 0.025 301.836 0.028
202306 0.052 305.109 0.057
202309 0.077 307.789 0.084
202312 0.080 306.746 0.087
202403 0.079 312.332 0.084
202406 0.102 314.175 0.108
202409 0.112 315.301 0.119
202412 0.155 315.605 0.164
202503 0.128 319.799 0.134
202506 0.127 322.561 0.131
202509 0.145 324.800 0.149
202512 0.145 324.054 0.149
202603 0.209 330.213 0.211
202606 0.435 333.952 0.435

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 €0.25 mean?
Amazon.com (FRA:AMZ1) has a E10 of €0.25 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Amazon.com and its competitors.
Is Amazon.com's E10 too high?
Amazon.com's current E10 is €0.25. Overall, Amazon.com has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Amazon.com's E10 compare to BABA and PDD?
Amazon.com's E10 of €0.25 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 Amazon.com and its competitors. Amazon.com's current E10 is €0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amazon.com stock overvalued right now?
Based on GuruFocus' analysis, Amazon.com (FRA:AMZ1) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.96, compared to a current price of €19.50 — trading 15% above its estimated fair value. The current E10 is €0.25. Amazon.com's overall GF Score™ is 92/100 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 Amazon.com (FRA:AMZ1), the current E10 is €0.25 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 Amazon.com (FRA:AMZ1) Overvalued in 2026?

Based on GuruFocus' analysis, Amazon.com stock appears to be overvalued. The current stock price of €19.50 is trading 15% above its estimated GF Value™ of €16.96. GuruFocus considers Amazon.com to be Modestly Overvalued.

Key valuation signals for FRA:AMZ1:

  • E10: €0.25
  • GF Value™: €16.96 vs. price of €19.50 (15% above fair value)
  • GF Score™: 92/100 with 6 warning signs

No single metric tells the full story. See the FRA:AMZ1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Amazon.com Business Description

Address 410 Terry Avenue North, Seattle, WA, USA, 98109-5210
Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 74% of total, followed by Amazon Web Services (17%), and advertising services (9%). International segments constitute 22% of Amazon's total revenue, led by Germany, the United Kingdom, and Japan.
92GF Score

Get the complete analysis for FRA:AMZ1

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

€19.50
Price
€16.96
GF Value