Allstate (HAM:ALS) E10: €11.22 (As of Mar. 2026)


HAM:ALS Allstate Corp HAM:ALS
75 GF Score
Price €201.20
GF Value €173.49
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Allstate E10?

Allstate HAM:ALS +2.55% 75 E10 is €11.22 as of Mar. 2026. GuruFocus rates HAM:ALS with a GF Score™ of 75/100 and a GF Value™ of €173.49 (Modestly Overvalued). The stock has 6 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.

Allstate's adjusted earnings per share data for the three months ended in Mar. 2026 was €8.001. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €11.22 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Allstate's average E10 Growth Rate was 49.50% per year. During the past 3 years, the average E10 Growth Rate was 14.30% per year. During the past 5 years, the average E10 Growth Rate was 6.30% per year. During the past 10 years, the average E10 Growth Rate was 11.80% 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 Allstate was 28.00% per year. The lowest was -9.10% per year. And the median was 3.60% per year.

As of today (2026-06-24), Allstate's current stock price is €201.20. Allstate's E10 for the quarter that ended in Mar. 2026 was €11.22. Allstate's Shiller PE Ratio of today is 17.93.

During the past 13 years, the highest Shiller PE Ratio of Allstate was 29.83. The lowest was 12.13. And the median was 18.73.


Allstate  (HAM:ALS) 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.

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

Shiller PE Ratio=Share Price/E10
=201.20/11.22
=17.93

* 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 Allstate was 29.83. The lowest was 12.13. And the median was 18.73.


Be Aware

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


Allstate E10 Related Terms


Allstate E10 Historical Data

* Premium members only.

The historical data trend for Allstate'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.

Allstate E10 Chart

Allstate 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 7.66 7.50 6.72 8.26 10.15

Allstate 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 8.06 7.93 9.08 10.15 11.22

HAM:ALS vs TRV, CINF, WRB: E10 Comparison

For the Insurance - Property & Casualty subindustry, Allstate'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.


Allstate Shiller PE Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Allstate's Shiller PE Ratio distribution charts can be found below:

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


HAM:ALS
75GF Score
Allstate Corp HAM:ALS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Allstate 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, Allstate'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)
=8.001/330.2130*330.2130
=8.001

Current CPI (Mar. 2026) = 330.2130.

Allstate Quarterly Data

per share eps CPI Adj_EPS
201606 0.570 241.018 0.781
201609 1.167 241.428 1.596
201612 2.067 241.432 2.827
201703 1.674 243.801 2.267
201706 1.326 244.955 1.788
201709 1.460 246.819 1.953
201712 2.831 246.524 3.792
201803 2.198 249.554 2.908
201806 1.635 251.989 2.143
201809 2.297 252.439 3.005
201812 -0.800 251.233 -1.051
201903 3.310 254.202 4.300
201906 2.159 256.143 2.783
201909 2.424 256.759 3.117
201912 4.707 256.974 6.049
202003 1.439 258.115 1.841
202006 3.428 257.797 4.391
202009 3.039 260.280 3.856
202012 6.946 260.474 8.806
202103 -3.906 264.877 -4.869
202106 4.366 271.696 5.306
202109 1.454 274.310 1.750
202112 2.416 278.802 2.862
202203 2.043 287.504 2.346
202206 -3.595 296.311 -4.006
202209 -2.576 296.808 -2.866
202212 -1.104 296.797 -1.228
202303 -1.224 301.836 -1.339
202306 -4.883 305.109 -5.285
202309 -0.150 307.789 -0.161
202312 5.062 306.746 5.449
202403 4.103 312.332 4.338
202406 1.050 314.175 1.104
202409 3.901 315.301 4.085
202412 6.752 315.605 7.065
202503 1.952 319.799 2.016
202506 6.728 322.561 6.888
202509 11.885 324.800 12.083
202512 12.272 324.054 12.505
202603 8.001 330.213 8.001

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 €11.22 mean?
Allstate (HAM:ALS) has a E10 of €11.22 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Allstate and its competitors.
Is Allstate's E10 too high?
Allstate's current E10 is €11.22. Overall, Allstate has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Allstate's E10 compare to TRV and CINF?
Allstate's E10 of €11.22 can be compared against companies in the Insurance 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 an Insurance company?
A good E10 depends on the Insurance 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 Allstate and its competitors. Allstate's current E10 is €11.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allstate stock overvalued right now?
Based on GuruFocus' analysis, Allstate (HAM:ALS) is currently considered Modestly Overvalued. The stock's GF Value™ is €173.49, compared to a current price of €201.20 — trading 16% above its estimated fair value. The current E10 is €11.22. Allstate's overall GF Score™ is 75/100 with 6 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 Allstate (HAM:ALS), the current E10 is €11.22 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 Allstate (HAM:ALS) Overvalued in 2026?

Based on GuruFocus' analysis, Allstate stock appears to be overvalued. The current stock price of €201.20 is trading 16% above its estimated GF Value™ of €173.49. GuruFocus considers Allstate to be Modestly Overvalued.

Key valuation signals for HAM:ALS:

  • E10: €11.22
  • GF Value™: €173.49 vs. price of €201.20 (16% above fair value)
  • GF Score™: 75/100 with 6 warning signs

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


Allstate Business Description

Address 3100 Sanders Road, Northbrook, IL, USA, 60062
Allstate is one of the largest US property-casualty insurers in the US. Personal auto represents the largest percentage of revenue, but the company offers homeowners insurance and other insurance products. Allstate products are sold in North America primarily by about 6,000 exclusive agents.
75GF Score

Get the complete analysis for HAM:ALS

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

€201.20
Price
€173.49
GF Value