Vallourec (FRA:VACD) E10: €-11.86 (As of Mar. 2026)


FRA:VACD Vallourec SA FRA:VACD
71 GF Score
Price €20.25
GF Value €13.27
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Vallourec E10?

Vallourec FRA:VACD -4.88% 71 E10 is €-11.86 as of Mar. 2026. GuruFocus rates FRA:VACD with a GF Score™ of 71/100 and a GF Value™ of €13.27 (Significantly Overvalued). 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.

Vallourec's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.290. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-11.86 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was 17.00% per year. During the past 5 years, the average E10 Growth Rate was 3.20% 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 Vallourec was 17.00% per year. The lowest was -47.70% per year. And the median was -28.50% per year.

As of today (2026-06-29), Vallourec's current stock price is €20.25. Vallourec's E10 for the quarter that ended in Mar. 2026 was €-11.86. Vallourec's Shiller PE Ratio of today is .


Vallourec  (FRA:VACD) 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.


Be Aware

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


Vallourec E10 Related Terms


Vallourec E10 Historical Data

* Premium members only.

The historical data trend for Vallourec'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.

Vallourec E10 Chart

Vallourec 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 -23.61 -27.18 -30.41 -22.81 -15.67

Vallourec 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 -22.35 -20.88 -18.67 -15.67 -11.86

FRA:VACD vs NUE, STLD, RS: E10 Comparison

For the Steel subindustry, Vallourec'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.


Vallourec Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Vallourec's Shiller PE Ratio distribution charts can be found below:

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


FRA:VACD
71GF Score
Vallourec SA FRA:VACD
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vallourec 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, Vallourec'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)
=0.29/120.9000*120.9000
=0.290

Current CPI (Mar. 2026) = 120.9000.

Vallourec Quarterly Data

per share eps CPI Adj_EPS
201606 -4.095 100.630 -4.920
201609 -12.431 100.340 -14.978
201612 -5.637 100.650 -6.771
201703 -4.144 101.170 -4.952
201706 -4.144 101.320 -4.945
201709 -4.144 101.330 -4.944
201712 -5.525 101.850 -6.558
201803 -5.525 102.750 -6.501
201806 -4.144 103.370 -4.847
201809 -2.762 103.560 -3.224
201812 -3.121 103.470 -3.647
201903 -2.762 103.890 -3.214
201906 -2.331 104.580 -2.695
201909 -0.035 104.500 -0.040
201912 -3.338 104.980 -3.844
202003 -0.005 104.590 -0.006
202006 -14.878 104.790 -17.165
202009 -2.200 104.550 -2.544
202012 -17.196 104.960 -19.808
202103 -8.200 105.750 -9.375
202106 0.222 106.340 0.252
202109 -0.030 106.810 -0.034
202112 0.387 107.850 0.434
202203 -0.150 110.490 -0.164
202206 -1.850 112.550 -1.987
202209 0.030 112.740 0.032
202212 0.300 114.160 0.318
202303 0.660 116.790 0.683
202306 0.670 117.650 0.689
202309 0.320 118.260 0.327
202312 0.440 118.390 0.449
202403 0.430 119.470 0.435
202406 0.460 120.200 0.463
202409 0.300 119.560 0.303
202412 0.670 119.950 0.675
202503 0.340 120.380 0.341
202506 0.160 121.360 0.159
202509 0.530 120.950 0.530
202512 0.380 120.900 0.380
202603 0.290 120.900 0.290

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 €-11.86 mean?
Vallourec (FRA:VACD) has a E10 of €-11.86 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Vallourec and its competitors.
Is Vallourec's E10 too high?
Vallourec's current E10 is €-11.86. Overall, Vallourec has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vallourec's E10 compare to NUE and STLD?
Vallourec's E10 of €-11.86 can be compared against companies in the Steel 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 Steel company?
A good E10 depends on the Steel 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 Vallourec and its competitors. Vallourec's current E10 is €-11.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vallourec stock overvalued right now?
Based on GuruFocus' analysis, Vallourec (FRA:VACD) is currently considered Significantly Overvalued. The stock's GF Value™ is €13.27, compared to a current price of €20.25 — trading 52.6% above its estimated fair value. The current E10 is €-11.86. Vallourec's overall GF Score™ is 71/100 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 Vallourec (FRA:VACD), the current E10 is €-11.86 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 Vallourec (FRA:VACD) Overvalued in 2026?

Based on GuruFocus' analysis, Vallourec stock appears to be overvalued. The current stock price of €20.25 is trading 52.6% above its estimated GF Value™ of €13.27. GuruFocus considers Vallourec to be Significantly Overvalued.

Key valuation signals for FRA:VACD:

  • E10: €-11.86
  • GF Value™: €13.27 vs. price of €20.25 (52.6% above fair value)
  • GF Score™: 71/100 with 3 warning signs

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


Vallourec Business Description

Address 12 Rue de la Verrerie, Meudon, FRA, 92190
Vallourec SA is a world leader in premium tubular solutions for the energy markets and for demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. Its pioneering spirit and cutting-edge R&D open new technological frontiers. With close to around 13,000 dedicated and passionate employees in more than 20 countries, it works hand- in-hand with its customers to offer more than just tubes: Vallourec delivers safe, competitive, and smart tubular solutions to make every project possible.
71GF Score

Get the complete analysis for FRA:VACD

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

€20.25
Price
€13.27
GF Value