Vail Resorts (FRA:VAI) E10: €5.95 (As of Apr. 2026)


FRA:VAI Vail Resorts Inc FRA:VAI
70 GF Score
Price €117.00
GF Value €155.29
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Vail Resorts E10?

Vail Resorts FRA:VAI -2.50% 70 E10 is €5.95 as of Apr. 2026. GuruFocus rates FRA:VAI with a GF Score™ of 70/100 and a GF Value™ of €155.29 (Modestly Undervalued). 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.

Vail Resorts's adjusted earnings per share data for the three months ended in Apr. 2026 was €7.533. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €5.95 for the trailing ten years ended in Apr. 2026.

During the past 12 months, Vail Resorts's average E10 Growth Rate was 2.20% per year. During the past 3 years, the average E10 Growth Rate was 11.20% per year. During the past 5 years, the average E10 Growth Rate was 15.50% per year. During the past 10 years, the average E10 Growth Rate was 17.40% 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 Vail Resorts was 24.60% per year. The lowest was 5.80% per year. And the median was 14.70% per year.

As of today (2026-07-01), Vail Resorts's current stock price is €117.00. Vail Resorts's E10 for the quarter that ended in Apr. 2026 was €5.95. Vail Resorts's Shiller PE Ratio of today is 19.66.

During the past 13 years, the highest Shiller PE Ratio of Vail Resorts was 112.74. The lowest was 16.54. And the median was 63.70.


Vail Resorts  (FRA:VAI) 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.

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

Shiller PE Ratio=Share Price/E10
=117.00/5.95
=19.66

* 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 Vail Resorts was 112.74. The lowest was 16.54. And the median was 63.70.


Be Aware

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


Vail Resorts E10 Related Terms


Vail Resorts E10 Historical Data

* Premium members only.

The historical data trend for Vail Resorts'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.

Vail Resorts E10 Chart

Vail Resorts Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.32 4.94 5.23 6.03 6.19

Vail Resorts Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 6.35 6.19 5.67 5.60 5.95

FRA:VAI vs HGV, RRR, CZR: E10 Comparison

For the Resorts & Casinos subindustry, Vail Resorts'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.


Vail Resorts Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vail Resorts's Shiller PE Ratio distribution charts can be found below:

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


FRA:VAI
70GF Score
Vail Resorts Inc FRA:VAI
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vail Resorts 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, Vail Resorts's adjusted earnings per share data for the three months ended in Apr. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=7.533/333.0200*333.0200
=7.533

Current CPI (Apr. 2026) = 333.0200.

Vail Resorts Quarterly Data

per share eps CPI Adj_EPS
201607 -1.629 240.628 -2.254
201610 -1.544 241.729 -2.127
201701 3.412 242.839 4.679
201704 4.105 244.524 5.591
201707 -1.240 244.786 -1.687
201710 -0.604 246.663 -0.815
201801 4.649 247.867 6.246
201804 5.029 250.546 6.684
201807 -1.772 252.006 -2.342
201810 -2.314 252.885 -3.047
201901 4.398 251.712 5.819
201904 6.337 255.548 8.258
201907 -1.980 256.571 -2.570
201910 -2.387 257.346 -3.089
202001 4.541 257.971 5.862
202004 3.441 256.389 4.469
202007 -3.323 259.101 -4.271
202010 -3.247 260.388 -4.153
202101 2.972 261.582 3.784
202104 5.618 267.054 7.006
202107 -2.953 273.003 -3.602
202110 -2.965 276.589 -3.570
202201 4.835 281.148 5.727
202204 8.482 289.109 9.770
202207 -2.654 296.276 -2.983
202210 -3.451 298.012 -3.856
202301 4.788 299.170 5.330
202304 7.460 303.363 8.189
202307 -2.893 305.691 -3.152
202310 -4.356 307.671 -4.715
202401 5.288 308.417 5.710
202404 8.891 313.548 9.443
202407 -4.306 314.540 -4.559
202410 -4.241 315.664 -4.474
202501 6.308 317.671 6.613
202504 9.309 320.795 9.664
202507 -4.354 323.048 -4.488
202510 -4.467 0.000
202601 4.995 325.252 5.114
202604 7.533 333.020 7.533

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 €5.95 mean?
Vail Resorts (FRA:VAI) has a E10 of €5.95 as of Apr. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Vail Resorts and its competitors.
Is Vail Resorts' E10 too high?
Vail Resorts' current E10 is €5.95. Overall, Vail Resorts has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vail Resorts' E10 compare to HGV and RRR?
Vail Resorts' E10 of €5.95 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good E10 depends on the Travel & Leisure 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 Vail Resorts and its competitors. Vail Resorts's current E10 is €5.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vail Resorts stock overvalued right now?
Based on GuruFocus' analysis, Vail Resorts (FRA:VAI) is currently considered Modestly Undervalued. The stock's GF Value™ is €155.29, compared to a current price of €117.00 — trading 24.7% below its estimated fair value. The current E10 is €5.95. Vail Resorts' overall GF Score™ is 70/100 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 Vail Resorts (FRA:VAI), the current E10 is €5.95 as of Apr. 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 Vail Resorts (FRA:VAI) Overvalued in 2026?

Based on GuruFocus' analysis, Vail Resorts stock appears to be undervalued. The current stock price of €117.00 is trading 24.7% below its estimated GF Value™ of €155.29. GuruFocus considers Vail Resorts to be Modestly Undervalued.

Key valuation signals for FRA:VAI:

  • E10: €5.95
  • GF Value™: €155.29 vs. price of €117.00 (24.7% below fair value)
  • GF Score™: 70/100 with 5 warning signs

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


Vail Resorts Business Description

Other Exchanges MTN:USAMTN:Mexico0LK3:UK
Address 390 Interlocken Crescent, Broomfield, CO, USA, 80021
Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.
70GF Score

Get the complete analysis for FRA:VAI

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

€117.00
Price
€155.29
GF Value