Electronic Arts (FRA:ERT) E10: €4.26 (As of Mar. 2026)


FRA:ERT Electronic Arts Inc FRA:ERT
77 GF Score
Price €177.00
GF Value €137.77
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Electronic Arts E10?

Electronic Arts FRA:ERT +0.57% 77 E10 is €4.26 as of Mar. 2026. GuruFocus rates FRA:ERT with a GF Score™ of 77/100 and a GF Value™ of €137.77 (Modestly Overvalued). 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.

Electronic Arts's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.566. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €4.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Electronic Arts's average E10 Growth Rate was 0.60% per year. During the past 3 years, the average E10 Growth Rate was 6.30% per year. During the past 5 years, the average E10 Growth Rate was 9.80% 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 Electronic Arts was 189.50% per year. The lowest was -84.20% per year. And the median was 12.10% per year.

As of today (2026-06-24), Electronic Arts's current stock price is €177.00. Electronic Arts's E10 for the quarter that ended in Mar. 2026 was €4.26. Electronic Arts's Shiller PE Ratio of today is 41.55.

During the past 13 years, the highest Shiller PE Ratio of Electronic Arts was 1041.09. The lowest was 23.79. And the median was 40.66.


Electronic Arts  (FRA:ERT) 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.

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

Shiller PE Ratio=Share Price/E10
=177.00/4.26
=41.55

* 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 Electronic Arts was 1041.09. The lowest was 23.79. And the median was 40.66.


Be Aware

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


Electronic Arts E10 Related Terms


Electronic Arts E10 Historical Data

* Premium members only.

The historical data trend for Electronic Arts'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.

Electronic Arts E10 Chart

Electronic Arts Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.31 3.71 4.31 4.51 4.26

Electronic Arts 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 4.51 4.13 4.26 4.27 4.26

FRA:ERT vs TTWO, RBLX, NTES: E10 Comparison

For the Electronic Gaming & Multimedia subindustry, Electronic Arts'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.


Electronic Arts Shiller PE Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Electronic Arts's Shiller PE Ratio distribution charts can be found below:

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


FRA:ERT
77GF Score
Electronic Arts Inc FRA:ERT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Electronic Arts 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, Electronic Arts'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)
=1.566/330.2130*330.2130
=1.566

Current CPI (Mar. 2026) = 330.2130.

Electronic Arts Quarterly Data

per share eps CPI Adj_EPS
201606 1.246 241.018 1.707
201609 -0.116 241.428 -0.159
201612 -0.003 241.432 -0.004
201703 1.692 243.801 2.292
201706 1.833 244.955 2.471
201709 -0.059 246.819 -0.079
201712 -0.507 246.524 -0.679
201803 1.581 249.554 2.092
201806 0.813 251.989 1.065
201809 0.711 252.439 0.930
201812 0.756 251.233 0.994
201903 0.611 254.202 0.794
201906 4.204 256.143 5.420
201909 2.624 256.759 3.375
201912 1.062 256.974 1.365
202003 1.294 258.115 1.655
202006 1.110 257.797 1.422
202009 0.535 260.280 0.679
202012 0.592 260.474 0.751
202103 0.218 264.877 0.272
202106 0.589 271.696 0.716
202109 0.867 274.310 1.044
202112 0.204 278.802 0.242
202203 0.726 287.504 0.834
202206 1.050 296.311 1.170
202209 1.081 296.808 1.203
202212 0.689 296.797 0.767
202303 -0.037 301.836 -0.040
202306 1.357 305.109 1.469
202309 1.377 307.789 1.477
202312 0.981 306.746 1.056
202403 0.616 312.332 0.651
202406 0.966 314.175 1.015
202409 1.000 315.301 1.047
202412 1.060 315.605 1.109
202503 0.906 319.799 0.936
202506 0.685 322.561 0.701
202509 0.460 324.800 0.468
202512 0.299 324.054 0.305
202603 1.566 330.213 1.566

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 €4.26 mean?
Electronic Arts (FRA:ERT) has a E10 of €4.26 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Electronic Arts and its competitors.
Is Electronic Arts' E10 too high?
Electronic Arts' current E10 is €4.26. Overall, Electronic Arts has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Electronic Arts' E10 compare to TTWO and RBLX?
Electronic Arts' E10 of €4.26 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good E10 depends on the Interactive Media 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 Electronic Arts and its competitors. Electronic Arts's current E10 is €4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronic Arts stock overvalued right now?
Based on GuruFocus' analysis, Electronic Arts (FRA:ERT) is currently considered Modestly Overvalued. The stock's GF Value™ is €137.77, compared to a current price of €177.00 — trading 28.5% above its estimated fair value. The current E10 is €4.26. Electronic Arts' overall GF Score™ is 77/100 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 Electronic Arts (FRA:ERT), the current E10 is €4.26 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 Electronic Arts (FRA:ERT) Overvalued in 2026?

Based on GuruFocus' analysis, Electronic Arts stock appears to be overvalued. The current stock price of €177.00 is trading 28.5% above its estimated GF Value™ of €137.77. GuruFocus considers Electronic Arts to be Modestly Overvalued.

Key valuation signals for FRA:ERT:

  • E10: €4.26
  • GF Value™: €137.77 vs. price of €177.00 (28.5% above fair value)
  • GF Score™: 77/100 with 4 warning signs

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


Electronic Arts Business Description

Address 209 Redwood Shores Parkway, Redwood City, CA, USA, 94065
Electronic Arts is one of the largest global developers and publishers of video games. Its most important franchises are the Madden NFL and FC soccer games, which it releases annually. In 2024, it also relaunched its American college football game. Other major franchises include Apex Legends, Battlefield, and The Sims. Typically, about three-quarters of the firm's sales are from in-game spending, with the remainder coming from initial game sales.
77GF Score

Get the complete analysis for FRA:ERT

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

€177.00
Price
€137.77
GF Value