Ventas (FRA:VEN) E10: €1.07 (As of Mar. 2026)


FRA:VEN Ventas Inc FRA:VEN
78 GF Score
Price €74.38
GF Value €60.97
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Ventas E10?

Ventas FRA:VEN +5.09% 78 E10 is €1.07 as of Mar. 2026. GuruFocus rates FRA:VEN with a GF Score™ of 78/100 and a GF Value™ of €60.97 (Modestly Overvalued). The stock has 8 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.

Ventas's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.095. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €1.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Ventas's average E10 Growth Rate was -6.80% per year. During the past 3 years, the average E10 Growth Rate was -8.60% per year. During the past 5 years, the average E10 Growth Rate was -6.90% per year. During the past 10 years, the average E10 Growth Rate was -3.10% 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 Ventas was 13.10% per year. The lowest was -8.60% per year. And the median was -0.05% per year.

As of today (2026-06-24), Ventas's current stock price is €74.38. Ventas's E10 for the quarter that ended in Mar. 2026 was €1.07. Ventas's Shiller PE Ratio of today is 69.51.

During the past 13 years, the highest Shiller PE Ratio of Ventas was 71.69. The lowest was 11.85. And the median was 32.52.


Ventas  (FRA:VEN) 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.

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

Shiller PE Ratio=Share Price/E10
=74.38/1.07
=69.51

* 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 Ventas was 71.69. The lowest was 11.85. And the median was 32.52.


Be Aware

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


Ventas E10 Related Terms


Ventas E10 Historical Data

* Premium members only.

The historical data trend for Ventas'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.

Ventas E10 Chart

Ventas 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 1.49 1.54 1.36 1.27 1.10

Ventas 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 1.20 1.08 1.07 1.10 1.07

FRA:VEN vs OHI, DOC, AHR: E10 Comparison

For the REIT - Healthcare Facilities subindustry, Ventas'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.


Ventas Shiller PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Ventas's Shiller PE Ratio distribution charts can be found below:

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


FRA:VEN
78GF Score
Ventas Inc FRA:VEN
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ventas 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, Ventas'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)
=0.095/330.2130*330.2130
=0.095

Current CPI (Mar. 2026) = 330.2130.

Ventas Quarterly Data

per share eps CPI Adj_EPS
201606 0.374 241.018 0.512
201609 0.374 241.428 0.512
201612 0.550 241.432 0.752
201703 0.514 243.801 0.696
201706 0.374 244.955 0.504
201709 1.435 246.819 1.920
201712 0.921 246.524 1.234
201803 0.178 249.554 0.236
201806 0.394 251.989 0.516
201809 0.240 252.439 0.314
201812 0.149 251.233 0.196
201903 0.310 254.202 0.403
201906 0.513 256.143 0.661
201909 0.209 256.759 0.269
201912 0.027 256.974 0.035
202003 1.140 258.115 1.458
202006 -0.373 257.797 -0.478
202009 0.025 260.280 0.032
202012 0.238 260.474 0.302
202103 -0.126 264.877 -0.157
202106 0.191 271.696 0.232
202109 0.136 274.310 0.164
202112 -0.089 278.802 -0.105
202203 0.091 287.504 0.105
202206 -0.104 296.311 -0.116
202209 0.010 296.808 0.011
202212 -0.104 296.797 -0.116
202303 0.037 301.836 0.040
202306 0.240 305.109 0.260
202309 -0.169 307.789 -0.181
202312 -0.211 306.746 -0.227
202403 -0.037 312.332 -0.039
202406 0.046 314.175 0.048
202409 0.045 315.301 0.047
202412 0.124 315.605 0.130
202503 0.092 319.799 0.095
202506 0.130 322.561 0.133
202509 0.119 324.800 0.121
202512 0.128 324.054 0.130
202603 0.095 330.213 0.095

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 €1.07 mean?
Ventas (FRA:VEN) has a E10 of €1.07 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Ventas and its competitors.
Is Ventas' E10 too high?
Ventas' current E10 is €1.07. Overall, Ventas has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ventas' E10 compare to OHI and DOC?
Ventas' E10 of €1.07 can be compared against companies in the REITs 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 REITs company?
A good E10 depends on the REITs 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 Ventas and its competitors. Ventas's current E10 is €1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ventas stock overvalued right now?
Based on GuruFocus' analysis, Ventas (FRA:VEN) is currently considered Modestly Overvalued. The stock's GF Value™ is €60.97, compared to a current price of €74.38 — trading 22% above its estimated fair value. The current E10 is €1.07. Ventas' overall GF Score™ is 78/100 with 8 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 Ventas (FRA:VEN), the current E10 is €1.07 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 Ventas (FRA:VEN) Overvalued in 2026?

Based on GuruFocus' analysis, Ventas stock appears to be overvalued. The current stock price of €74.38 is trading 22% above its estimated GF Value™ of €60.97. GuruFocus considers Ventas to be Modestly Overvalued.

Key valuation signals for FRA:VEN:

  • E10: €1.07
  • GF Value™: €60.97 vs. price of €74.38 (22% above fair value)
  • GF Score™: 78/100 with 8 warning signs

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


Ventas Business Description

Industry Real EstateREITs
Address 300 North LaSalle Street, Suite 1600, Chicago, IL, USA, 60654
Ventas owns a diversified healthcare portfolio of almost 1,400 in-place properties spread across the senior housing, medical office, hospital, life science, and skilled nursing/post-acute care. The portfolio includes almost 100 properties in Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to the United States. The firm also owns mortgages and other loans, contributing about 1% of net operating income.
78GF Score

Get the complete analysis for FRA:VEN

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

€74.38
Price
€60.97
GF Value