Celanese (FRA:DG3) E10: €7.75 (As of Mar. 2026)


FRA:DG3 Celanese Corp FRA:DG3
75 GF Score
Price €42.68
GF Value €60.49
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Celanese E10?

Celanese FRA:DG3 +0.14% 75 E10 is €7.75 as of Mar. 2026. GuruFocus rates FRA:DG3 with a GF Score™ of 75/100 and a GF Value™ of €60.49 (Modestly Undervalued). 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.

Celanese's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.346. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €7.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Celanese's average E10 Growth Rate was -9.90% per year. During the past 3 years, the average E10 Growth Rate was -4.70% per year. During the past 5 years, the average E10 Growth Rate was 5.90% per year. During the past 10 years, the average E10 Growth Rate was 13.80% 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 Celanese was 25.30% per year. The lowest was -4.70% per year. And the median was 13.40% per year.

As of today (2026-06-29), Celanese's current stock price is €42.68. Celanese's E10 for the quarter that ended in Mar. 2026 was €7.75. Celanese's Shiller PE Ratio of today is 5.51.

During the past 13 years, the highest Shiller PE Ratio of Celanese was 27.42. The lowest was 3.82. And the median was 18.11.


Celanese  (FRA:DG3) 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.

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

Shiller PE Ratio=Share Price/E10
=42.68/7.75
=5.51

* 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 Celanese was 27.42. The lowest was 3.82. And the median was 18.11.


Be Aware

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


Celanese E10 Related Terms


Celanese E10 Historical Data

* Premium members only.

The historical data trend for Celanese'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.

Celanese E10 Chart

Celanese 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 7.65 9.89 10.68 9.59 7.78

Celanese 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 9.28 8.96 7.26 7.78 7.75

FRA:DG3 vs OLN, HUN, REX: E10 Comparison

For the Chemicals subindustry, Celanese'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.


Celanese Shiller PE Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Celanese's Shiller PE Ratio distribution charts can be found below:

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


FRA:DG3
75GF Score
Celanese Corp FRA:DG3
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Celanese 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, Celanese'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)
=0.346/330.2130*330.2130
=0.346

Current CPI (Mar. 2026) = 330.2130.

Celanese Quarterly Data

per share eps CPI Adj_EPS
201606 1.335 241.018 1.829
201609 1.613 241.428 2.206
201612 1.071 241.432 1.465
201703 1.215 243.801 1.646
201706 1.477 244.955 1.991
201709 1.384 246.819 1.852
201712 1.259 246.524 1.686
201803 2.157 249.554 2.854
201806 2.157 251.989 2.827
201809 2.537 252.439 3.319
201812 0.659 251.233 0.866
201903 2.328 254.202 3.024
201906 1.469 256.143 1.894
201909 1.934 256.759 2.487
201912 0.324 256.974 0.416
202003 1.647 258.115 2.107
202006 0.799 257.797 1.023
202009 1.486 260.280 1.885
202012 10.275 260.474 13.026
202103 2.369 264.877 2.953
202106 3.959 271.696 4.812
202109 3.876 274.310 4.666
202112 4.239 278.802 5.021
202203 4.186 287.504 4.808
202206 3.765 296.311 4.196
202209 1.768 296.808 1.967
202212 6.627 296.797 7.373
202303 0.775 301.836 0.848
202306 1.855 305.109 2.008
202309 8.143 307.789 8.736
202312 5.841 306.746 6.288
202403 1.012 312.332 1.070
202406 1.310 314.175 1.377
202409 0.928 315.301 0.972
202412 -16.713 315.605 -17.487
202503 -0.203 319.799 -0.210
202506 1.569 322.561 1.606
202509 -10.556 324.800 -10.732
202512 0.145 324.054 0.148
202603 0.346 330.213 0.346

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 €7.75 mean?
Celanese (FRA:DG3) has a E10 of €7.75 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Celanese and its competitors.
Is Celanese's E10 too high?
Celanese's current E10 is €7.75. Overall, Celanese has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Celanese's E10 compare to OLN and HUN?
Celanese's E10 of €7.75 can be compared against companies in the Chemicals 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 Chemicals company?
A good E10 depends on the Chemicals 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 Celanese and its competitors. Celanese's current E10 is €7.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celanese stock overvalued right now?
Based on GuruFocus' analysis, Celanese (FRA:DG3) is currently considered Modestly Undervalued. The stock's GF Value™ is €60.49, compared to a current price of €42.68 — trading 29.4% below its estimated fair value. The current E10 is €7.75. Celanese's overall GF Score™ is 75/100 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 Celanese (FRA:DG3), the current E10 is €7.75 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 Celanese (FRA:DG3) Overvalued in 2026?

Based on GuruFocus' analysis, Celanese stock appears to be undervalued. The current stock price of €42.68 is trading 29.4% below its estimated GF Value™ of €60.49. GuruFocus considers Celanese to be Modestly Undervalued.

Key valuation signals for FRA:DG3:

  • E10: €7.75
  • GF Value™: €60.49 vs. price of €42.68 (29.4% below fair value)
  • GF Score™: 75/100 with 6 warning signs

No single metric tells the full story. See the FRA:DG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Celanese Business Description

Address 222 West Las Colinas Boulevard, Suite 900N, Irving, TX, USA, 75039-5421
Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.
75GF Score

Get the complete analysis for FRA:DG3

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

€42.68
Price
€60.49
GF Value