GSL (Global Ship Lease) E10: $1.75 (As of Mar. 2026)


GSL Global Ship Lease Inc GSL
79 GF Score
Price $38.09
GF Value $25.53
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Global Ship Lease E10?

Global Ship Lease GSL -1.55% 79 E10 is $1.75 as of Mar. 2026. GuruFocus rates GSL with a GF Score™ of 79/100 and a GF Value™ of $25.53 (Significantly Overvalued). The stock has 10 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.

Global Ship Lease's adjusted earnings per share data for the three months ended in Mar. 2026 was $2.540. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.75 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Global Ship Lease's average E10 Growth Rate was 1150.00% 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 Global Ship Lease was 47.10% per year. The lowest was 1.70% per year. And the median was 12.85% per year.

As of today (2026-06-25), Global Ship Lease's current stock price is $38.09. Global Ship Lease's E10 for the quarter that ended in Mar. 2026 was $1.75. Global Ship Lease's Shiller PE Ratio of today is 21.77.

During the past 13 years, the highest Shiller PE Ratio of Global Ship Lease was 189.71. The lowest was 0.10. And the median was 0.25.


Global Ship Lease  (NYSE:GSL) 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.

Global Ship Lease's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=38.09/1.75
=21.77

* 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 Global Ship Lease was 189.71. The lowest was 0.10. And the median was 0.25.


Be Aware

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


Global Ship Lease E10 Related Terms


Global Ship Lease E10 Historical Data

* Premium members only.

The historical data trend for Global Ship Lease'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.

Global Ship Lease E10 Chart

Global Ship Lease 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 -1.35 -1.25 -1.06 -0.20 1.59

Global Ship Lease 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 0.14 0.34 1.44 1.59 1.75

GSL vs CCEC, SFL, GNK: E10 Comparison

For the Marine Shipping subindustry, Global Ship Lease'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.


Global Ship Lease Shiller PE Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Global Ship Lease's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Global Ship Lease's Shiller PE Ratio falls into.


GSL
79GF Score
Global Ship Lease Inc GSL
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Ship Lease 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, Global Ship Lease'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)
=2.54/122.4494*122.4494
=2.540

Current CPI (Mar. 2026) = 122.4494.

Global Ship Lease Quarterly Data

per share eps CPI Adj_EPS
201606 1.040 100.121 1.272
201609 -3.920 99.878 -4.806
201612 -9.200 100.110 -11.253
201703 1.120 100.770 1.361
201706 1.120 101.138 1.356
201709 1.520 100.882 1.845
201712 -16.640 100.762 -20.221
201803 0.605 100.534 0.737
201806 0.560 102.121 0.671
201809 0.640 101.982 0.768
201812 -5.120 101.330 -6.187
201903 0.420 101.482 0.507
201906 0.360 101.837 0.433
201909 1.060 101.906 1.274
201912 0.260 102.120 0.312
202003 0.035 101.479 0.042
202006 0.701 100.239 0.856
202009 0.745 99.886 0.913
202012 0.598 99.751 0.734
202103 0.130 99.817 0.159
202106 0.830 101.270 1.004
202109 1.737 102.095 2.083
202112 1.813 104.853 2.117
202203 1.860 108.651 2.096
202206 1.468 113.517 1.584
202209 2.436 114.371 2.608
202212 2.018 112.428 2.198
202303 2.120 113.620 2.285
202306 2.131 115.515 2.259
202309 2.340 116.234 2.465
202312 1.840 116.364 1.936
202403 2.540 117.285 2.652
202406 2.430 118.129 2.519
202409 2.220 119.650 2.272
202412 2.540 119.360 2.606
202503 3.400 120.133 3.466
202506 2.610 121.399 2.633
202509 2.590 121.946 2.601
202512 2.790 122.449 2.790
202603 2.540 122.449 2.540

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 $1.75 mean?
Global Ship Lease (GSL) has a E10 of $1.75 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Global Ship Lease and its competitors.
Is Global Ship Lease's E10 too high?
Global Ship Lease's current E10 is $1.75. Overall, Global Ship Lease has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Ship Lease's E10 compare to CCEC and SFL?
Global Ship Lease's E10 of $1.75 can be compared against companies in the Transportation 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 Transportation company?
A good E10 depends on the Transportation 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 Global Ship Lease and its competitors. Global Ship Lease's current E10 is $1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Ship Lease stock overvalued right now?
Based on GuruFocus' analysis, Global Ship Lease (GSL) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.53, compared to a current price of $38.09 — trading 49.2% above its estimated fair value. The current E10 is $1.75. Global Ship Lease's overall GF Score™ is 79/100 with 10 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 Global Ship Lease (GSL), the current E10 is $1.75 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 Global Ship Lease (GSL) Overvalued in 2026?

Based on GuruFocus' analysis, Global Ship Lease stock appears to be overvalued. The current stock price of $38.09 is trading 49.2% above its estimated GF Value™ of $25.53. GuruFocus considers Global Ship Lease to be Significantly Overvalued.

Key valuation signals for GSL:

  • E10: $1.75
  • GF Value™: $25.53 vs. price of $38.09 (49.2% above fair value)
  • GF Score™: 79/100 with 10 warning signs

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


Global Ship Lease Business Description

Other Exchanges GSLpB.PFD:USA37H:Germany
Address 9 Irodou Attikou Street, Kifisia, Athens, GRC, 14561
Global Ship Lease Inc is a containership owner, leasing ships to container shipping companies under industry-standard, fixed-rate time charters. Its fleet comprises mid-size Post-Panamax, Cypress, and smaller containerships, which tend to serve the faster-growing non-Mainlane and intra-regional trades, collectively representing the majority of the containerized trade volume globally. The company generates revenue from chartering its vessels to liner companies.
79GF Score

Get the complete analysis for GSL

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

$38.09
Price
$25.53
GF Value