W.W. Grainger (FRA:GWW) E10: €22.13 (As of Mar. 2026)


FRA:GWW W.W. Grainger Inc FRA:GWW
85 GF Score
Price €1,200.00
GF Value €986.54
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is W.W. Grainger E10?

W.W. Grainger FRA:GWW -1.64% 85 E10 is €22.13 as of Mar. 2026. GuruFocus rates FRA:GWW with a GF Score™ of 85/100 and a GF Value™ of €986.54 (Modestly Overvalued). The stock has 7 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.

W.W. Grainger's adjusted earnings per share data for the three months ended in Mar. 2026 was €10.077. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €22.13 for the trailing ten years ended in Mar. 2026.

During the past 12 months, W.W. Grainger's average E10 Growth Rate was 12.60% per year. During the past 3 years, the average E10 Growth Rate was 14.30% per year. During the past 5 years, the average E10 Growth Rate was 15.70% per year. During the past 10 years, the average E10 Growth Rate was 11.80% 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 W.W. Grainger was 16.80% per year. The lowest was 4.70% per year. And the median was 9.60% per year.

As of today (2026-06-28), W.W. Grainger's current stock price is €1200.00. W.W. Grainger's E10 for the quarter that ended in Mar. 2026 was €22.13. W.W. Grainger's Shiller PE Ratio of today is 54.23.

During the past 13 years, the highest Shiller PE Ratio of W.W. Grainger was 55.53. The lowest was 17.00. And the median was 33.00.


W.W. Grainger  (FRA:GWW) 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.

W.W. Grainger's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1200.00/22.13
=54.23

* 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 W.W. Grainger was 55.53. The lowest was 17.00. And the median was 33.00.


Be Aware

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


W.W. Grainger E10 Related Terms


W.W. Grainger E10 Historical Data

* Premium members only.

The historical data trend for W.W. Grainger'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.

W.W. Grainger E10 Chart

W.W. Grainger 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 12.66 15.95 17.52 21.59 21.46

W.W. Grainger 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 21.12 20.20 20.61 21.46 22.13

FRA:GWW vs FAST, FERG, WCC: E10 Comparison

For the Industrial Distribution subindustry, W.W. Grainger'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.


W.W. Grainger Shiller PE Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, W.W. Grainger's Shiller PE Ratio distribution charts can be found below:

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


FRA:GWW
85GF Score
W.W. Grainger Inc FRA:GWW
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

W.W. Grainger 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, W.W. Grainger'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)
=10.077/330.2130*330.2130
=10.077

Current CPI (Mar. 2026) = 330.2130.

W.W. Grainger Quarterly Data

per share eps CPI Adj_EPS
201606 2.483 241.018 3.402
201609 2.718 241.428 3.718
201612 0.957 241.432 1.309
201703 2.740 243.801 3.711
201706 1.486 244.955 2.003
201709 2.341 246.819 3.132
201712 2.222 246.524 2.976
201803 3.301 249.554 4.368
201806 3.561 251.989 4.666
201809 1.560 252.439 2.041
201812 3.235 251.233 4.252
201903 3.965 254.202 5.151
201906 4.133 256.143 5.328
201909 3.859 256.759 4.963
201912 1.692 256.974 2.174
202003 2.887 258.115 3.693
202006 1.865 257.797 2.389
202009 3.744 260.280 4.750
202012 2.565 260.474 3.252
202103 3.763 264.877 4.691
202106 3.544 271.696 4.307
202109 4.803 274.310 5.782
202112 4.814 278.802 5.702
202203 6.420 287.504 7.374
202206 6.802 296.311 7.580
202209 8.353 296.808 9.293
202212 7.118 296.797 7.919
202303 8.976 301.836 9.820
202306 8.565 305.109 9.270
202309 8.836 307.789 9.480
202312 7.235 306.746 7.788
202403 8.850 312.332 9.357
202406 8.835 314.175 9.286
202409 8.893 315.301 9.314
202412 9.273 315.605 9.702
202503 9.120 319.799 9.417
202506 8.644 322.561 8.849
202509 5.214 324.800 5.301
202512 8.062 324.054 8.215
202603 10.077 330.213 10.077

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 €22.13 mean?
W.W. Grainger (FRA:GWW) has a E10 of €22.13 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on W.W. Grainger and its competitors.
Is W.W. Grainger's E10 too high?
W.W. Grainger's current E10 is €22.13. Overall, W.W. Grainger has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does W.W. Grainger's E10 compare to FAST and FERG?
W.W. Grainger's E10 of €22.13 can be compared against companies in the Industrial Distribution 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 Industrial Distribution company?
A good E10 depends on the Industrial Distribution 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 W.W. Grainger and its competitors. W.W. Grainger's current E10 is €22.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is W.W. Grainger stock overvalued right now?
Based on GuruFocus' analysis, W.W. Grainger (FRA:GWW) is currently considered Modestly Overvalued. The stock's GF Value™ is €986.54, compared to a current price of €1,200.00 — trading 21.6% above its estimated fair value. The current E10 is €22.13. W.W. Grainger's overall GF Score™ is 85/100 with 7 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 W.W. Grainger (FRA:GWW), the current E10 is €22.13 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 W.W. Grainger (FRA:GWW) Overvalued in 2026?

Based on GuruFocus' analysis, W.W. Grainger stock appears to be overvalued. The current stock price of €1,200.00 is trading 21.6% above its estimated GF Value™ of €986.54. GuruFocus considers W.W. Grainger to be Modestly Overvalued.

Key valuation signals for FRA:GWW:

  • E10: €22.13
  • GF Value™: €986.54 vs. price of €1,200.00 (21.6% above fair value)
  • GF Score™: 85/100 with 7 warning signs

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


W.W. Grainger Business Description

Address 100 Grainger Parkway, Lake Forest, IL, USA, 60045-5201
Founded in 1927, W.W. Grainger originally distributed various motors via a mail-order catalogue. Over the course of the 20th century, the firm expanded into new industrial product categories and launched its first digital catalogue in 1995. Today, the company organizes itself into two segments focused on different customer bases. Its larger segment, high-touch solutions, offers a vast array of maintenance, repair, and operations, or MRO, supplies and bespoke inventory management services to larger businesses. Its smaller segment, endless assortment, operates two online platforms, Zoro and MonotaRO, that offer comprehensive catalogues of MRO supplies to smaller businesses. Grainger has operations throughout the world but primarily generates sales within the US.
85GF Score

Get the complete analysis for FRA:GWW

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

€1,200.00
Price
€986.54
GF Value