Global Payments (FRA:GLO) E10: €2.51 (As of Mar. 2026)


FRA:GLO Global Payments Inc FRA:GLO
84 GF Score
Price €59.40
GF Value €107.33
Valuation Possible Value Trap
! 3 Warning Signs
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What is Global Payments E10?

Global Payments FRA:GLO +1.02% 84 E10 is €2.51 as of Mar. 2026. GuruFocus rates FRA:GLO with a GF Score™ of 84/100 and a GF Value™ of €107.33 (Possible Value Trap). The stock has 3 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.

Global Payments's adjusted earnings per share data for the three months ended in Mar. 2026 was €-5.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.51 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Global Payments's average E10 Growth Rate was -12.00% per year. During the past 3 years, the average E10 Growth Rate was 12.60% per year. During the past 5 years, the average E10 Growth Rate was 9.80% per year. During the past 10 years, the average E10 Growth Rate was 10.20% 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 Global Payments was 19.80% per year. The lowest was 6.00% per year. And the median was 13.20% per year.

As of today (2026-06-27), Global Payments's current stock price is €59.40. Global Payments's E10 for the quarter that ended in Mar. 2026 was €2.51. Global Payments's Shiller PE Ratio of today is 23.67.

During the past 13 years, the highest Shiller PE Ratio of Global Payments was 97.92. The lowest was 18.41. And the median was 53.85.


Global Payments  (FRA:GLO) 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.

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

Shiller PE Ratio=Share Price/E10
=59.40/2.51
=23.67

* 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 Global Payments was 97.92. The lowest was 18.41. And the median was 53.85.


Be Aware

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


Global Payments E10 Related Terms


Global Payments E10 Historical Data

* Premium members only.

The historical data trend for Global Payments'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.

Global Payments E10 Chart

Global Payments Annual Data
Trend May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 2.32 2.51 3.06 3.14

Global Payments 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 3.04 2.84 3.16 3.14 2.51

FRA:GLO vs ULS, ARMK, CPRT: E10 Comparison

For the Specialty Business Services subindustry, Global Payments'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.


Global Payments Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Global Payments's Shiller PE Ratio distribution charts can be found below:

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


FRA:GLO
84GF Score
Global Payments Inc FRA:GLO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Payments 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, Global Payments'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)
=-5.7/330.2130*330.2130
=-5.700

Current CPI (Mar. 2026) = 330.2130.

Global Payments Quarterly Data

per share eps CPI Adj_EPS
201605 0.230 240.229 0.316
201608 0.491 240.849 0.673
201611 0.297 241.353 0.406
201703 0.299 243.801 0.405
201706 0.392 244.955 0.528
201709 0.596 246.819 0.797
201712 1.276 246.524 1.709
201803 0.462 249.554 0.611
201806 0.582 251.989 0.763
201809 0.951 252.439 1.244
201812 0.413 251.233 0.543
201903 0.628 254.202 0.816
201906 0.681 256.143 0.878
201909 0.490 256.759 0.630
201912 0.306 256.974 0.393
202003 0.434 258.115 0.555
202006 0.107 257.797 0.137
202009 0.628 260.280 0.797
202012 0.501 260.474 0.635
202103 0.554 264.877 0.691
202106 0.739 271.696 0.898
202109 0.859 274.310 1.034
202112 0.637 278.802 0.754
202203 0.790 287.504 0.907
202206 -2.289 296.311 -2.551
202209 1.061 296.808 1.180
202212 0.887 296.797 0.987
202303 -0.037 301.836 -0.040
202306 0.969 305.109 1.049
202309 1.302 307.789 1.397
202312 1.265 306.746 1.362
202403 1.122 312.332 1.186
202406 1.366 314.175 1.436
202409 1.117 315.301 1.170
202412 2.149 315.605 2.248
202503 1.147 319.799 1.184
202506 0.858 322.561 0.878
202509 2.249 324.800 2.286
202512 0.786 324.054 0.801
202603 -5.700 330.213 -5.700

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 €2.51 mean?
Global Payments (FRA:GLO) has a E10 of €2.51 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Global Payments and its competitors.
Is Global Payments' E10 too high?
Global Payments' current E10 is €2.51. Overall, Global Payments has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Global Payments' E10 compare to ULS and ARMK?
Global Payments' E10 of €2.51 can be compared against companies in the Business 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 Business Services company?
A good E10 depends on the Business 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 Global Payments and its competitors. Global Payments's current E10 is €2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Payments stock overvalued right now?
Based on GuruFocus' analysis, Global Payments (FRA:GLO) is currently considered Possible Value Trap. The stock's GF Value™ is €107.33, compared to a current price of €59.40 — trading 44.7% below its estimated fair value. The current E10 is €2.51. Global Payments' overall GF Score™ is 84/100 with 3 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 Global Payments (FRA:GLO), the current E10 is €2.51 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 Global Payments (FRA:GLO) Overvalued in 2026?

Based on GuruFocus' analysis, Global Payments stock appears to be undervalued. The current stock price of €59.40 is trading 44.7% below its estimated GF Value™ of €107.33. GuruFocus considers Global Payments to be Possible Value Trap.

Key valuation signals for FRA:GLO:

  • E10: €2.51
  • GF Value™: €107.33 vs. price of €59.40 (44.7% below fair value)
  • GF Score™: 84/100 with 3 warning signs

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


Global Payments Business Description

Address 3550 Lenox Road, Atlanta, GA, USA, 30326
Global Payments is a leading provider of payment processing and software solutions and historically focused on serving small and midsize merchants. The Worldpay acquisition pushes the company into the large merchant space and expands the company's international operations. Following the Worldpay acquisition, the company will process almost $4 trilliion in payment volume.
84GF Score

Get the complete analysis for FRA:GLO

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

€59.40
Price
€107.33
GF Value