Netgear (FRA:NGJ) E10: €0.09 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:NGJ Netgear Inc FRA:NGJ
69 GF Score
Price €19.40
GF Value €18.35
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Netgear E10?

Netgear FRA:NGJ -3.00% 69 E10 is €0.09 as of Mar. 2026. GuruFocus rates FRA:NGJ with a GF Score™ of 69/100 and a GF Value™ of €18.35 (Fairly Valued). 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.

Netgear's adjusted earnings per share data for the three months ended in Mar. 2026 was €-0.407. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.09 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Netgear's average E10 Growth Rate was -74.40% per year. During the past 3 years, the average E10 Growth Rate was -38.60% per year. During the past 5 years, the average E10 Growth Rate was -31.80% per year. During the past 10 years, the average E10 Growth Rate was -14.60% 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 Netgear was 2.10% per year. The lowest was -38.60% per year. And the median was 0.00% per year.

As of today (2026-07-17), Netgear's current stock price is €19.40. Netgear's E10 for the quarter that ended in Mar. 2026 was €0.09. Netgear's Shiller PE Ratio of today is 215.56.

During the past 13 years, the highest Shiller PE Ratio of Netgear was 250.09. The lowest was 13.12. And the median was 24.53.


Netgear  (FRA:NGJ) 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.

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

Shiller PE Ratio=Share Price/E10
=19.40/0.09
=215.56

* 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 Netgear was 250.09. The lowest was 13.12. And the median was 24.53.


Be Aware

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


Netgear E10 Related Terms


Netgear E10 Historical Data

* Premium members only.

The historical data trend for Netgear'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.

Netgear E10 Chart

Netgear 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 1.28 0.87 0.40 0.45 0.18

Netgear 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 0.39 0.32 0.26 0.18 0.09

FRA:NGJ vs FEIM, CLFD, GILT: E10 Comparison

For the Communication Equipment subindustry, Netgear'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.


Netgear Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Netgear's Shiller PE Ratio distribution charts can be found below:

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


FRA:NGJ
69GF Score
Netgear Inc FRA:NGJ
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Netgear 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, Netgear'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)
=-0.407/330.2130*330.2130
=-0.407

Current CPI (Mar. 2026) = 330.2130.

Netgear Quarterly Data

per share eps CPI Adj_EPS
201606 0.427 241.018 0.585
201609 0.552 241.428 0.755
201612 0.616 241.432 0.843
201703 0.439 243.801 0.595
201706 0.392 244.955 0.528
201709 0.537 246.819 0.718
201712 -0.862 246.524 -1.155
201803 0.138 249.554 0.183
201806 -0.146 251.989 -0.191
201809 0.257 252.439 0.336
201812 -0.360 251.233 -0.473
201903 0.345 254.202 0.448
201906 0.027 256.143 0.035
201909 0.354 256.759 0.455
201912 -0.009 256.974 -0.012
202003 -0.127 258.115 -0.162
202006 0.178 257.797 0.228
202009 0.705 260.280 0.894
202012 0.814 260.474 1.032
202103 0.605 264.877 0.754
202106 0.473 271.696 0.575
202109 0.264 274.310 0.318
202112 -0.027 278.802 -0.032
202203 -1.771 287.504 -2.034
202206 -0.284 296.311 -0.316
202209 0.101 296.808 0.112
202212 -0.198 296.797 -0.220
202303 -0.308 301.836 -0.337
202306 -0.268 305.109 -0.290
202309 -2.689 307.789 -2.885
202312 -0.055 306.746 -0.059
202403 -0.580 312.332 -0.613
202406 -1.449 314.175 -1.523
202409 2.613 315.301 2.737
202412 -0.296 315.605 -0.310
202503 -0.194 319.799 -0.200
202506 -0.191 322.561 -0.196
202509 -0.145 324.800 -0.147
202512 -0.017 324.054 -0.017
202603 -0.407 330.213 -0.407

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 €0.09 mean?
Netgear (FRA:NGJ) has a E10 of €0.09 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Netgear and its competitors.
Is Netgear's E10 too high?
Netgear's current E10 is €0.09. Overall, Netgear has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Netgear's E10 compare to FEIM and CLFD?
Netgear's E10 of €0.09 can be compared against companies in the Hardware 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 Hardware company?
A good E10 depends on the Hardware 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 Netgear and its competitors. Netgear's current E10 is €0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netgear stock overvalued right now?
Based on GuruFocus' analysis, Netgear (FRA:NGJ) is currently considered Fairly Valued. The stock's GF Value™ is €18.35, compared to a current price of €19.40 — trading 5.7% above its estimated fair value. The current E10 is €0.09. Netgear's overall GF Score™ is 69/100 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 Netgear (FRA:NGJ), the current E10 is €0.09 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 Netgear (FRA:NGJ) Overvalued in 2026?

Based on GuruFocus' analysis, Netgear stock appears to be overvalued. The current stock price of €19.40 is trading 5.7% above its estimated GF Value™ of €18.35. GuruFocus considers Netgear to be Fairly Valued.

Key valuation signals for FRA:NGJ:

  • E10: €0.09
  • GF Value™: €18.35 vs. price of €19.40 (5.7% above fair value)
  • GF Score™: 69/100 with 3 warning signs

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


Netgear Business Description

Other Exchanges NTGR:USA
Address 3553 North First Street, San Jose, CA, USA, 95134
Netgear Inc provider of networking technologies for businesses, homes, and service providers. It delivers a wide range of intelligent solutions designed to unleash the full potential of connectivity. The group has two segments: Enterprise and Consumer which offers reliable, easy-to-use, high-performance networking solutions, including switches, routers, access points, software, and AV over IP technologies, tailored to meet the diverse needs of organizations of all sizes. The Home Networking and Mobile offers connectivity, powerful performance, and enhanced security features right out of the box, designed to help keep families safe online, and Others. It conduct business across three geographic territories: Americas; Europe, Middle East and Africa; and Asia Pacific.
69GF Score

Get the complete analysis for FRA:NGJ

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

€19.40
Price
€18.35
GF Value