IGM Financial (FRA:C7G) E10: €2.52 (As of Mar. 2026)


FRA:C7G IGM Financial Inc FRA:C7G
82 GF Score
Price €47.00
GF Value €31.01
! 9 Warning Signs
View Full Analysis

What is IGM Financial E10?

IGM Financial FRA:C7G -0.84% 82 E10 is €2.52 as of Mar. 2026. GuruFocus rates FRA:C7G with a GF Score™ of 82/100 and a GF Value™ of €31.01. The stock has 9 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.

IGM Financial's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.757. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.52 for the trailing ten years ended in Mar. 2026.

During the past 12 months, IGM Financial's average E10 Growth Rate was 4.70% per year. During the past 3 years, the average E10 Growth Rate was 4.00% per year. During the past 5 years, the average E10 Growth Rate was 4.60% per year. During the past 10 years, the average E10 Growth Rate was 3.00% 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 IGM Financial was 16.80% per year. The lowest was 0.10% per year. And the median was 4.40% per year.

As of today (2026-06-30), IGM Financial's current stock price is €47.00. IGM Financial's E10 for the quarter that ended in Mar. 2026 was €2.52. IGM Financial's Shiller PE Ratio of today is 18.65.

During the past 13 years, the highest Shiller PE Ratio of IGM Financial was 19.21. The lowest was 6.74. And the median was 11.43.


IGM Financial  (FRA:C7G) 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.

IGM Financial's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=47.00/2.52
=18.65

* 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 IGM Financial was 19.21. The lowest was 6.74. And the median was 11.43.


Be Aware

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


IGM Financial E10 Related Terms


IGM Financial E10 Historical Data

* Premium members only.

The historical data trend for IGM Financial'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.

IGM Financial E10 Chart

IGM Financial 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 2.40 2.49 2.61 2.65 2.57

IGM Financial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.55 2.49 2.48 2.57 2.52

FRA:C7G vs BLK, BX, KKR: E10 Comparison

For the Asset Management subindustry, IGM Financial'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.


IGM Financial Shiller PE Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, IGM Financial's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where IGM Financial's Shiller PE Ratio falls into.


FRA:C7G
82GF Score
IGM Financial Inc FRA:C7G
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IGM Financial 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, IGM Financial'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)
=0.757/132.2623*132.2623
=0.757

Current CPI (Mar. 2026) = 132.2623.

IGM Financial Quarterly Data

per share eps CPI Adj_EPS
201606 0.497 102.002 0.644
201609 0.557 101.765 0.724
201612 0.689 101.449 0.898
201703 0.517 102.634 0.666
201706 0.556 103.029 0.714
201709 0.492 103.345 0.630
201712 0.139 103.345 0.178
201803 0.483 105.004 0.608
201806 0.554 105.557 0.694
201809 0.539 105.636 0.675
201812 0.484 105.399 0.607
201903 0.463 106.979 0.572
201906 0.513 107.690 0.630
201909 0.583 107.611 0.717
201912 0.547 107.769 0.671
202003 0.441 107.927 0.540
202006 0.505 108.401 0.616
202009 0.513 108.164 0.627
202012 0.616 108.559 0.750
202103 0.568 110.298 0.681
202106 0.672 111.720 0.796
202109 0.758 112.905 0.888
202112 0.767 113.774 0.892
202203 0.653 117.646 0.734
202206 0.643 120.806 0.704
202209 0.689 120.648 0.755
202212 0.660 120.964 0.722
202303 1.092 122.702 1.177
202306 0.396 124.203 0.422
202309 0.616 125.230 0.651
202312 1.217 125.072 1.287
202403 0.639 126.258 0.669
202406 0.617 127.522 0.640
202409 0.672 127.285 0.698
202412 0.717 127.364 0.745
202503 0.631 129.181 0.646
202506 0.660 129.892 0.672
202509 0.776 130.287 0.788
202512 0.842 130.366 0.854
202603 0.757 132.262 0.757

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 €2.52 mean?
IGM Financial (FRA:C7G) has a E10 of €2.52 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on IGM Financial and its competitors.
Is IGM Financial's E10 too high?
IGM Financial's current E10 is €2.52. Overall, IGM Financial has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does IGM Financial's E10 compare to BLK and BX?
IGM Financial's E10 of €2.52 can be compared against companies in the Asset Management 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 an Asset Management company?
A good E10 depends on the Asset Management 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 IGM Financial and its competitors. IGM Financial's current E10 is €2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGM Financial stock overvalued right now?
IGM Financial (FRA:C7G) has a current E10 of €2.52. The stock's GF Value™ is €31.01, compared to a current price of €47.00 — trading 51.6% above its estimated fair value. The current E10 is €2.52. IGM Financial's overall GF Score™ is 82/100 with 9 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 IGM Financial (FRA:C7G), the current E10 is €2.52 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 IGM Financial (FRA:C7G) Overvalued in 2026?

Based on GuruFocus' analysis, IGM Financial stock appears to be overvalued. The current stock price of €47.00 is trading 51.6% above its estimated GF Value™ of €31.01.

Key valuation signals for FRA:C7G:

  • E10: €2.52
  • GF Value™: €31.01 vs. price of €47.00 (51.6% above fair value)
  • GF Score™: 82/100 with 9 warning signs

No single metric tells the full story. See the FRA:C7G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IGM Financial Business Description

Address 447 Portage Avenue, Winnipeg, MB, CAN, R3B 3H5
IGM Financial is a leading nonbank Canadian wealth and asset management company. Power Corporation of Canada, which also holds a majority stake in Great-West Life co, has a majority stake (62%) in IGM. The company has two main operating segments, wealth management and asset management. As of December 2025, IGM's wealth management unit had CAD 159 billion in assets under advisement, or AUA, while the firm's asset management unit had CAD 151 billion in third-party assets under management, or AUM.
82GF Score

Get the complete analysis for FRA:C7G

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

€47.00
Price
€31.01
GF Value