Zimmer Biomet Holdings (FRA:ZIM) E10: €3.01 (As of Mar. 2026)


FRA:ZIM Zimmer Biomet Holdings Inc FRA:ZIM
76 GF Score
Price €79.52
GF Value €107.72
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Zimmer Biomet Holdings E10?

Zimmer Biomet Holdings FRA:ZIM +0.28% 76 E10 is €3.01 as of Mar. 2026. GuruFocus rates FRA:ZIM with a GF Score™ of 76/100 and a GF Value™ of €107.72 (Modestly Undervalued). 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.

Zimmer Biomet Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was €1.055. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €3.01 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Zimmer Biomet Holdings's average E10 Growth Rate was 14.60% per year. During the past 3 years, the average E10 Growth Rate was 3.30% per year. During the past 5 years, the average E10 Growth Rate was -0.50% per year. During the past 10 years, the average E10 Growth Rate was -1.80% 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 Zimmer Biomet Holdings was 10.10% per year. The lowest was -6.30% per year. And the median was -1.30% per year.

As of today (2026-06-27), Zimmer Biomet Holdings's current stock price is €79.52. Zimmer Biomet Holdings's E10 for the quarter that ended in Mar. 2026 was €3.01. Zimmer Biomet Holdings's Shiller PE Ratio of today is 26.42.

During the past 13 years, the highest Shiller PE Ratio of Zimmer Biomet Holdings was 50.38. The lowest was 22.07. And the median was 34.55.


Zimmer Biomet Holdings  (FRA:ZIM) 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.

Zimmer Biomet Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=79.52/3.01
=26.42

* 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 Zimmer Biomet Holdings was 50.38. The lowest was 22.07. And the median was 34.55.


Be Aware

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


Zimmer Biomet Holdings E10 Related Terms


Zimmer Biomet Holdings E10 Historical Data

* Premium members only.

The historical data trend for Zimmer Biomet Holdings'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.

Zimmer Biomet Holdings E10 Chart

Zimmer Biomet Holdings 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 2.97 2.92 2.81 2.98 2.91

Zimmer Biomet Holdings 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 2.82 2.84 2.92 2.91 3.01

FRA:ZIM vs PEN, GMED, STE: E10 Comparison

For the Medical Devices subindustry, Zimmer Biomet Holdings'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.


Zimmer Biomet Holdings Shiller PE Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zimmer Biomet Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Zimmer Biomet Holdings's Shiller PE Ratio falls into.


FRA:ZIM
76GF Score
Zimmer Biomet Holdings Inc FRA:ZIM
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Zimmer Biomet Holdings 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, Zimmer Biomet Holdings'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)
=1.055/330.2130*330.2130
=1.055

Current CPI (Mar. 2026) = 330.2130.

Zimmer Biomet Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 -0.142 241.018 -0.195
201609 0.695 241.428 0.951
201612 0.313 241.432 0.428
201703 1.374 243.801 1.861
201706 0.801 244.955 1.080
201709 0.403 246.819 0.539
201712 5.205 246.524 6.972
201803 0.689 249.554 0.912
201806 0.770 251.989 1.009
201809 0.677 252.439 0.886
201812 -3.894 251.233 -5.118
201903 1.062 254.202 1.380
201906 0.575 256.143 0.741
201909 1.889 256.759 2.429
201912 1.386 256.974 1.781
202003 -2.226 258.115 -2.848
202006 -0.888 257.797 -1.137
202009 0.985 260.280 1.250
202012 1.307 260.474 1.657
202103 0.790 264.877 0.985
202106 0.556 271.696 0.676
202109 0.587 274.310 0.707
202112 -0.354 278.802 -0.419
202203 0.064 287.504 0.074
202206 0.691 296.311 0.770
202209 0.929 296.808 1.034
202212 -0.585 296.797 -0.651
202303 1.037 301.836 1.134
202306 0.923 305.109 0.999
202309 0.721 307.789 0.774
202312 1.843 306.746 1.984
202403 0.773 312.332 0.817
202406 1.096 314.175 1.152
202409 1.108 315.301 1.160
202412 1.146 315.605 1.199
202503 0.842 319.799 0.869
202506 0.668 322.561 0.684
202509 0.988 324.800 1.004
202512 0.606 324.054 0.618
202603 1.055 330.213 1.055

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 €3.01 mean?
Zimmer Biomet Holdings (FRA:ZIM) has a E10 of €3.01 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Zimmer Biomet Holdings and its competitors.
Is Zimmer Biomet Holdings' E10 too high?
Zimmer Biomet Holdings' current E10 is €3.01. Overall, Zimmer Biomet Holdings has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zimmer Biomet Holdings' E10 compare to PEN and GMED?
Zimmer Biomet Holdings' E10 of €3.01 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good E10 depends on the Medical Devices & Instruments 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 Zimmer Biomet Holdings and its competitors. Zimmer Biomet Holdings's current E10 is €3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zimmer Biomet Holdings stock overvalued right now?
Based on GuruFocus' analysis, Zimmer Biomet Holdings (FRA:ZIM) is currently considered Modestly Undervalued. The stock's GF Value™ is €107.72, compared to a current price of €79.52 — trading 26.2% below its estimated fair value. The current E10 is €3.01. Zimmer Biomet Holdings' overall GF Score™ is 76/100 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 Zimmer Biomet Holdings (FRA:ZIM), the current E10 is €3.01 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 Zimmer Biomet Holdings (FRA:ZIM) Overvalued in 2026?

Based on GuruFocus' analysis, Zimmer Biomet Holdings stock appears to be undervalued. The current stock price of €79.52 is trading 26.2% below its estimated GF Value™ of €107.72. GuruFocus considers Zimmer Biomet Holdings to be Modestly Undervalued.

Key valuation signals for FRA:ZIM:

  • E10: €3.01
  • GF Value™: €107.72 vs. price of €79.52 (26.2% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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


Zimmer Biomet Holdings Business Description

Address 345 East Main Street, Warsaw, IN, USA, 46580
Zimmer Biomet designs, manufactures, and markets orthopedic reconstructive implants as well as supplies and surgical equipment for orthopedic surgery. With the acquisitions of Centerpulse in 2003 and Biomet in 2015, Zimmer holds the leading share of the reconstructive market in the United States, Europe, and Japan. Roughly two-thirds of total revenue is derived from sales of large joints; another fourth comes from extremities, trauma, sports medicine, and related surgical products. The firm spun out its dental and spine businesses in 2022.
76GF Score

Get the complete analysis for FRA:ZIM

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

€79.52
Price
€107.72
GF Value