StoneX Group (FRA:I4F) E10: €1.63 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:I4F StoneX Group Inc FRA:I4F
84 GF Score
Price €56.80
GF Value €35.89
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is StoneX Group E10?

StoneX Group FRA:I4F -2.87% 84 E10 is €1.63 as of Jun. 2026. GuruFocus rates FRA:I4F with a GF Score™ of 84/100 and a GF Value™ of €35.89 (Significantly Overvalued). The stock has 2 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.

StoneX Group's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.579. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.63 for the trailing ten years ended in Jun. 2026.

During the past 12 months, StoneX Group's average E10 Growth Rate was 23.70% per year. During the past 3 years, the average E10 Growth Rate was 20.80% per year. During the past 5 years, the average E10 Growth Rate was 24.60% per year. During the past 10 years, the average E10 Growth Rate was 20.00% 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 StoneX Group was 62.00% per year. The lowest was 4.80% per year. And the median was 20.80% per year.

As of today (2026-08-20), StoneX Group's current stock price is €56.80. StoneX Group's E10 for the quarter that ended in Jun. 2026 was €1.63. StoneX Group's Shiller PE Ratio of today is 34.85.

During the past 13 years, the highest Shiller PE Ratio of StoneX Group was 50.92. The lowest was 15.20. And the median was 21.28.


StoneX Group  (FRA:I4F) 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.

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

Shiller PE Ratio=Share Price/E10
=56.80/1.63
=34.85

* 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 StoneX Group was 50.92. The lowest was 15.20. And the median was 21.28.


Be Aware

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


StoneX Group E10 Related Terms


StoneX Group E10 Historical Data

* Premium members only.

The historical data trend for StoneX Group'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.

StoneX Group E10 Chart

StoneX Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.88 1.06 1.19 1.32

StoneX Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.32 1.32 1.47 1.53 1.63

FRA:I4F vs XP, RIOT, WULF: E10 Comparison

For the Capital Markets subindustry, StoneX Group'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.


StoneX Group Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, StoneX Group's Shiller PE Ratio distribution charts can be found below:

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


FRA:I4F
84GF Score
StoneX Group Inc FRA:I4F
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

StoneX Group 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, StoneX Group's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.579/333.9520*333.9520
=0.579

Current CPI (Jun. 2026) = 333.9520.

StoneX Group Quarterly Data

per share eps CPI Adj_EPS
201609 0.158 241.428 0.219
201612 0.064 241.432 0.089
201703 0.107 243.801 0.147
201706 0.116 244.955 0.158
201709 -0.210 246.819 -0.284
201712 -0.062 246.524 -0.084
201803 0.189 249.554 0.253
201806 0.211 251.989 0.280
201809 0.137 252.439 0.181
201812 0.163 251.233 0.217
201903 0.212 254.202 0.279
201906 0.147 256.143 0.192
201909 0.251 256.759 0.326
201912 0.149 256.974 0.194
202003 0.358 258.115 0.463
202006 0.328 257.797 0.425
202009 0.654 260.280 0.839
202012 0.159 260.474 0.204
202103 0.453 264.877 0.571
202106 0.274 271.696 0.337
202109 0.060 274.310 0.073
202112 0.357 278.802 0.428
202203 0.558 287.504 0.648
202206 0.443 296.311 0.499
202209 0.497 296.808 0.559
202212 0.674 296.797 0.758
202303 0.360 301.836 0.398
202306 0.593 305.109 0.649
202309 0.437 307.789 0.474
202312 0.579 306.746 0.630
202403 0.446 312.332 0.477
202406 0.516 314.175 0.548
202409 0.619 315.301 0.656
202412 0.717 315.605 0.759
202503 0.580 319.799 0.606
202506 0.312 322.561 0.323
202509 0.595 324.800 0.612
202512 0.949 324.054 0.978
202603 1.194 330.213 1.208
202606 0.579 333.952 0.579

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 €1.63 mean?
StoneX Group (FRA:I4F) has a E10 of €1.63 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on StoneX Group and its competitors.
Is StoneX Group's E10 too high?
StoneX Group's current E10 is €1.63. Overall, StoneX Group has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does StoneX Group's E10 compare to XP and RIOT?
StoneX Group's E10 of €1.63 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good E10 depends on the Capital Markets 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 StoneX Group and its competitors. StoneX Group's current E10 is €1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is StoneX Group stock overvalued right now?
Based on GuruFocus' analysis, StoneX Group (FRA:I4F) is currently considered Significantly Overvalued. The stock's GF Value™ is €35.89, compared to a current price of €56.80 — trading 58.3% above its estimated fair value. The current E10 is €1.63. StoneX Group's overall GF Score™ is 84/100 with 2 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 StoneX Group (FRA:I4F), the current E10 is €1.63 as of Jun. 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 StoneX Group (FRA:I4F) Overvalued in 2026?

Based on GuruFocus' analysis, StoneX Group stock appears to be overvalued. The current stock price of €56.80 is trading 58.3% above its estimated GF Value™ of €35.89. GuruFocus considers StoneX Group to be Significantly Overvalued.

Key valuation signals for FRA:I4F:

  • E10: €1.63
  • GF Value™: €35.89 vs. price of €56.80 (58.3% above fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the FRA:I4F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


StoneX Group Business Description

Other Exchanges SNEX:USASNEX:Mexico
Address 230 Park Avenue, 10th Floor, New York, NY, USA, 10169
StoneX Group Inc is a brokerage and financial services firm. Its service offerings are execution, OTC / Market-Making, advisory services, payment solutions, market intelligence, Physical Trading and clearing services. The firm operates in four segments: Commercial, Institutional, Self-Directed/Retail, and Payments. Its customers include governmental and nongovernmental organizations, commercial banks, brokers, institutional investors, and investment banks. The company operates in the United States, South America, Europe, the Middle East and Asia, and other countries, out of which the majority of revenue is generated from the Middle East and Asia Region.
84GF Score

Get the complete analysis for FRA:I4F

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

€56.80
Price
€35.89
GF Value