Societe Generale (FRA:SGE1) E10: €0.73 (As of Mar. 2026)


FRA:SGE1 Societe Generale SA FRA:SGE1
65 GF Score
Price €15.10
GF Value €7.40
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Societe Generale E10?

Societe Generale FRA:SGE1 -1.31% 65 E10 is €0.73 as of Mar. 2026. GuruFocus rates FRA:SGE1 with a GF Score™ of 65/100 and a GF Value™ of €7.40 (Significantly Overvalued). The stock has 5 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.

Societe Generale's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.410. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.73 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Societe Generale's average E10 Growth Rate was 5.90% per year. During the past 3 years, the average E10 Growth Rate was 3.70% per year. During the past 5 years, the average E10 Growth Rate was 5.20% 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 Societe Generale was 6.40% per year. The lowest was -2.30% per year. And the median was 3.70% per year.

As of today (2026-07-03), Societe Generale's current stock price is €15.10. Societe Generale's E10 for the quarter that ended in Mar. 2026 was €0.73. Societe Generale's Shiller PE Ratio of today is 20.68.

During the past 13 years, the highest Shiller PE Ratio of Societe Generale was 20.71. The lowest was 3.29. And the median was 7.82.


Societe Generale  (FRA:SGE1) 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.

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

Shiller PE Ratio=Share Price/E10
=15.10/0.73
=20.68

* 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 Societe Generale was 20.71. The lowest was 3.29. And the median was 7.82.


Be Aware

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


Societe Generale E10 Related Terms


Societe Generale E10 Historical Data

* Premium members only.

The historical data trend for Societe Generale'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.

Societe Generale E10 Chart

Societe Generale 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 0.60 0.65 0.66 0.66 0.72

Societe Generale 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 0.69 0.70 0.70 0.72 0.73

Societe Generale E10 Competitor Comparison

For the Banks - Regional subindustry, Societe Generale'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.


Societe Generale Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Societe Generale's Shiller PE Ratio distribution charts can be found below:

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


FRA:SGE1
65GF Score
Societe Generale SA FRA:SGE1
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Societe Generale 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, Societe Generale'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)
=0.41/122.4300*122.4300
=0.410

Current CPI (Mar. 2026) = 122.4300.

Societe Generale Quarterly Data

per share eps CPI Adj_EPS
201606 0.312 100.630 0.380
201609 0.276 100.340 0.337
201612 0.064 100.650 0.078
201703 0.154 101.170 0.186
201706 0.201 101.320 0.243
201709 0.233 101.330 0.282
201712 -0.012 101.850 -0.014
201803 0.186 102.750 0.222
201806 0.236 103.370 0.280
201809 0.332 103.560 0.392
201812 0.124 103.470 0.147
201903 0.130 103.890 0.153
201906 0.167 104.580 0.196
201909 0.203 104.500 0.238
201912 0.112 104.980 0.131
202003 -0.078 104.590 -0.091
202006 -0.375 104.790 -0.438
202009 0.174 104.550 0.204
202012 0.072 104.960 0.084
202103 0.192 105.750 0.222
202106 0.266 106.340 0.306
202109 0.377 106.810 0.432
202112 0.286 107.850 0.325
202203 0.198 110.490 0.219
202206 -0.434 112.550 -0.472
202209 0.351 112.740 0.381
202212 0.119 114.160 0.128
202303 0.218 116.790 0.229
202306 0.131 117.650 0.136
202309 0.074 118.260 0.077
202312 -0.082 118.390 -0.085
202403 0.129 119.470 0.132
202406 0.234 120.200 0.238
202409 0.343 119.560 0.351
202412 0.080 119.950 0.082
202503 0.362 120.380 0.368
202506 0.323 121.360 0.326
202509 0.395 120.950 0.400
202512 0.376 120.900 0.381
202603 0.410 122.430 0.410

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 €0.73 mean?
Societe Generale (FRA:SGE1) has a E10 of €0.73 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Societe Generale and its competitors.
Is Societe Generale's E10 too high?
Societe Generale's current E10 is €0.73. Overall, Societe Generale has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Societe Generale's E10 compare to competitors?
Societe Generale's E10 of €0.73 can be compared against companies in the Banks 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 Banks company?
A good E10 depends on the Banks 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 Societe Generale and its competitors. Societe Generale's current E10 is €0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Societe Generale stock overvalued right now?
Based on GuruFocus' analysis, Societe Generale (FRA:SGE1) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.40, compared to a current price of €15.10 — trading 104.1% above its estimated fair value. The current E10 is €0.73. Societe Generale's overall GF Score™ is 65/100 with 5 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 Societe Generale (FRA:SGE1), the current E10 is €0.73 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 Societe Generale (FRA:SGE1) Overvalued in 2026?

Based on GuruFocus' analysis, Societe Generale stock appears to be overvalued. The current stock price of €15.10 is trading 104.1% above its estimated GF Value™ of €7.40. GuruFocus considers Societe Generale to be Significantly Overvalued.

Key valuation signals for FRA:SGE1:

  • E10: €0.73
  • GF Value™: €7.40 vs. price of €15.10 (104.1% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the FRA:SGE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Societe Generale Business Description

Address 29, Boulevard Haussmann, Paris, FRA, 75009
Société Générale is a diversified European bank whose largest division is its corporate and investment bank, anchored by a well-regarded equity franchise. Its French retail operations include both the traditional branch network and fast-growing digital bank Boursorama. Internationally, Société Générale ranks among the largest banks in the Czech Republic and Romania. It also holds dominant positions in several African markets, though with a smaller earnings contribution. The group is a leading player in vehicle and equipment leasing through ALD Automotive.
65GF Score

Get the complete analysis for FRA:SGE1

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

€15.10
Price
€7.40
GF Value