Chemed (FRA:CXM) E10: €15.06 (As of Mar. 2026)


FRA:CXM Chemed Corp FRA:CXM
71 GF Score
Price €390.00
GF Value €566.42
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Chemed E10?

Chemed FRA:CXM +1.04% 71 E10 is €15.06 as of Mar. 2026. GuruFocus rates FRA:CXM with a GF Score™ of 71/100 and a GF Value™ of €566.42 (Significantly Undervalued). 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.

Chemed's adjusted earnings per share data for the three months ended in Mar. 2026 was €4.187. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €15.06 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Chemed's average E10 Growth Rate was 9.30% per year. During the past 3 years, the average E10 Growth Rate was 11.50% per year. During the past 5 years, the average E10 Growth Rate was 14.30% per year. During the past 10 years, the average E10 Growth Rate was 16.60% 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 Chemed was 25.40% per year. The lowest was -14.80% per year. And the median was 13.50% per year.

As of today (2026-06-26), Chemed's current stock price is €390.00. Chemed's E10 for the quarter that ended in Mar. 2026 was €15.06. Chemed's Shiller PE Ratio of today is 25.90.

During the past 13 years, the highest Shiller PE Ratio of Chemed was 69.84. The lowest was 21.67. And the median was 43.44.


Chemed  (FRA:CXM) 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.

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

Shiller PE Ratio=Share Price/E10
=390.00/15.06
=25.90

* 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 Chemed was 69.84. The lowest was 21.67. And the median was 43.44.


Be Aware

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


Chemed E10 Related Terms


Chemed E10 Historical Data

* Premium members only.

The historical data trend for Chemed'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.

Chemed E10 Chart

Chemed 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 9.25 11.46 12.36 14.68 14.51

Chemed 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 14.49 15.71 14.23 14.51 15.06

FRA:CXM vs PACS, OPCH, CON: E10 Comparison

For the Medical Care Facilities subindustry, Chemed'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.


Chemed Shiller PE Ratio vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Chemed's Shiller PE Ratio distribution charts can be found below:

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


FRA:CXM
71GF Score
Chemed Corp FRA:CXM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chemed 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, Chemed'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)
=4.187/330.2130*330.2130
=4.187

Current CPI (Mar. 2026) = 330.2130.

Chemed Quarterly Data

per share eps CPI Adj_EPS
201606 1.317 241.018 1.804
201609 1.443 241.428 1.974
201612 1.839 241.432 2.515
201703 1.664 243.801 2.254
201706 -1.202 244.955 -1.620
201709 1.787 246.819 2.391
201712 2.746 246.524 3.678
201803 2.157 249.554 2.854
201806 2.799 251.989 3.668
201809 2.622 252.439 3.430
201812 2.866 251.233 3.767
201903 2.390 254.202 3.105
201906 2.726 256.143 3.514
201909 3.232 256.759 4.157
201912 3.564 256.974 4.580
202003 3.059 258.115 3.913
202006 4.449 257.797 5.699
202009 3.515 260.280 4.459
202012 5.721 260.474 7.253
202103 3.368 264.877 4.199
202106 2.913 271.696 3.540
202109 3.868 274.310 4.656
202112 4.257 278.802 5.042
202203 3.832 287.504 4.401
202206 4.162 296.311 4.638
202209 3.818 296.808 4.248
202212 3.899 296.797 4.338
202303 3.344 301.836 3.658
202306 3.240 305.109 3.507
202309 4.619 307.789 4.956
202312 5.410 306.746 5.824
202403 3.901 312.332 4.124
202406 4.320 314.175 4.541
202409 4.505 315.301 4.718
202412 5.749 315.605 6.015
202503 4.495 319.799 4.641
202506 3.095 322.561 3.168
202509 3.800 324.800 3.863
202512 4.680 324.054 4.769
202603 4.187 330.213 4.187

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 €15.06 mean?
Chemed (FRA:CXM) has a E10 of €15.06 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Chemed and its competitors.
Is Chemed's E10 too high?
Chemed's current E10 is €15.06. Overall, Chemed has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chemed's E10 compare to PACS and OPCH?
Chemed's E10 of €15.06 can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good E10 depends on the Healthcare Providers & Services 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 Chemed and its competitors. Chemed's current E10 is €15.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chemed stock overvalued right now?
Based on GuruFocus' analysis, Chemed (FRA:CXM) is currently considered Significantly Undervalued. The stock's GF Value™ is €566.42, compared to a current price of €390.00 — trading 31.1% below its estimated fair value. The current E10 is €15.06. Chemed's overall GF Score™ is 71/100 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 Chemed (FRA:CXM), the current E10 is €15.06 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 Chemed (FRA:CXM) Overvalued in 2026?

Based on GuruFocus' analysis, Chemed stock appears to be undervalued. The current stock price of €390.00 is trading 31.1% below its estimated GF Value™ of €566.42. GuruFocus considers Chemed to be Significantly Undervalued.

Key valuation signals for FRA:CXM:

  • E10: €15.06
  • GF Value™: €566.42 vs. price of €390.00 (31.1% below fair value)
  • GF Score™: 71/100 with 4 warning signs

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


Chemed Business Description

Other Exchanges CHE:USA
Address 255 East Fifth Street, Suite 2600, Cincinnati, OH, USA, 45202-4726
Chemed Corp purchases, operates, and divests subsidiaries engaged in diverse business activities to maximize shareholder value. The company operates in the following segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue and provides hospice and palliative care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers.
71GF Score

Get the complete analysis for FRA:CXM

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

€390.00
Price
€566.42
GF Value