Vulcan Materials Co (FRA:VMC) E10: €5.65 (As of Jun. 2026)

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FRA:VMC Vulcan Materials Co FRA:VMC
90 GF Score
Price €214.60
GF Value €251.82
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Vulcan Materials Co E10?

Vulcan Materials Co FRA:VMC -0.69% 90 E10 is €5.65 as of Jun. 2026. GuruFocus rates FRA:VMC with a GF Score™ of 90/100 and a GF Value™ of €251.82 (Modestly Undervalued). The stock has 2 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.

Vulcan Materials Co's adjusted earnings per share data for the three months ended in Jun. 2026 was €2.135. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €5.65 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Vulcan Materials Co's average E10 Growth Rate was 11.80% per year. During the past 3 years, the average E10 Growth Rate was 16.10% per year. During the past 5 years, the average E10 Growth Rate was 19.80% per year. During the past 10 years, the average E10 Growth Rate was 22.00% 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 Vulcan Materials Co was 36.30% per year. The lowest was -16.00% per year. And the median was 8.60% per year.

As of today (2026-09-16), Vulcan Materials Co's current stock price is €214.60. Vulcan Materials Co's E10 for the quarter that ended in Jun. 2026 was €5.65. Vulcan Materials Co's Shiller PE Ratio of today is 37.96.

During the past 13 years, the highest Shiller PE Ratio of Vulcan Materials Co was 162.49. The lowest was 39.58. And the median was 59.80.


Vulcan Materials Co  (FRA:VMC) 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.

Vulcan Materials Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=214.60/5.653
=37.96

* 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 Vulcan Materials Co was 162.49. The lowest was 39.58. And the median was 59.80.


Be Aware

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


Vulcan Materials Co E10 Related Terms


Vulcan Materials Co E10 Historical Data

* Premium members only.

The historical data trend for Vulcan Materials Co'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.

Vulcan Materials Co E10 Chart

Vulcan Materials Co 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 2.71 3.33 4.07 4.67 5.31

Vulcan Materials Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.08 5.25 5.32 5.49 5.65

FRA:VMC vs MLM, JHX, CRH: E10 Comparison

For the Building Materials subindustry, Vulcan Materials Co'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.


Vulcan Materials Co Shiller PE Ratio vs Building Materials Industry

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

* The bar in red indicates where Vulcan Materials Co's Shiller PE Ratio falls into.


FRA:VMC
90GF Score
Vulcan Materials Co FRA:VMC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vulcan Materials Co 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, Vulcan Materials Co's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.1346/333.9520*333.9520
=2.135

Current CPI (Jun. 2026) = 333.9520.

Vulcan Materials Co Quarterly Data

per share eps CPI Adj_EPS
201609 0.932 241.428 1.289
201612 0.770 241.432 1.065
201703 0.310 243.801 0.424
201706 0.809 244.955 1.103
201709 0.690 246.819 0.934
201712 2.064 246.524 2.795
201803 0.317 249.554 0.425
201806 0.999 251.989 1.324
201809 1.152 252.439 1.524
201812 0.815 251.233 1.083
201903 0.419 254.202 0.550
201906 1.318 256.143 1.719
201909 1.455 256.759 1.892
201912 0.955 256.974 1.241
202003 0.411 258.115 0.531
202006 1.432 257.797 1.855
202009 1.283 260.280 1.647
202012 0.720 260.474 0.923
202103 1.000 264.877 1.260
202106 1.215 271.696 1.493
202109 1.124 274.310 1.368
202112 0.904 278.802 1.082
202203 0.613 287.504 0.711
202206 1.317 296.311 1.484
202209 1.316 296.808 1.481
202212 0.876 296.797 0.986
202303 0.841 301.836 0.931
202306 2.119 305.109 2.320
202309 1.901 307.789 2.063
202312 1.585 306.746 1.726
202403 0.711 312.332 0.760
202406 2.149 314.175 2.285
202409 1.421 315.301 1.505
202412 2.071 315.605 2.191
202503 0.921 319.799 0.962
202506 2.130 322.561 2.206
202509 2.414 324.800 2.482
202512 1.639 324.054 1.689
202603 1.078 330.213 1.090
202606 2.135 333.952 2.135

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 €5.65 mean?
Vulcan Materials Co (FRA:VMC) has a E10 of €5.65 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Vulcan Materials Co and its competitors.
Is Vulcan Materials Co's E10 too high?
Vulcan Materials Co's current E10 is €5.65. Overall, Vulcan Materials Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Materials Co's E10 compare to MLM and JHX?
Vulcan Materials Co's E10 of €5.65 can be compared against companies in the Building Materials 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 Building Materials company?
A good E10 depends on the Building Materials 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 Vulcan Materials Co and its competitors. Vulcan Materials Co's current E10 is €5.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Materials Co (FRA:VMC) is currently considered Modestly Undervalued. The stock's GF Value™ is €251.82, compared to a current price of €214.60 — trading 14.8% below its estimated fair value. The current E10 is €5.65. Vulcan Materials Co's overall GF Score™ is 90/100 with 2 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 Vulcan Materials Co (FRA:VMC), the current E10 is €5.65 as of Jun. 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 Vulcan Materials Co (FRA:VMC) Overvalued in 2026?

Based on GuruFocus' analysis, Vulcan Materials Co stock appears to be undervalued. The current stock price of €214.60 is trading 14.8% below its estimated GF Value™ of €251.82. GuruFocus considers Vulcan Materials Co to be Modestly Undervalued.

Key valuation signals for FRA:VMC:

  • E10: €5.65
  • GF Value™: €251.82 vs. price of €214.60 (14.8% below fair value)
  • GF Score™: 90/100 with 2 warning signs

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


Vulcan Materials Co Business Description

Address 1200 Urban Center Drive, Birmingham, AL, USA, 35242
Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2024, Vulcan sold 219.9 million tons of aggregates, 13.6 million tons of asphalt mix, and 3.6 million cubic yards of ready-mix. As of Dec. 31, 2024, the company had 16.5 billion tons of aggregate reserves.
90GF Score

Get the complete analysis for FRA:VMC

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

€214.60
Price
€251.82
GF Value