Emerson Electric Co (HAM:EMR) E10: €5.43 (As of Mar. 2026)


HAM:EMR Emerson Electric Co HAM:EMR
85 GF Score
Price €124.90
GF Value €112.37
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Emerson Electric Co E10?

Emerson Electric Co HAM:EMR -1.77% 85 E10 is €5.43 as of Mar. 2026. GuruFocus rates HAM:EMR with a GF Score™ of 85/100 and a GF Value™ of €112.37 (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.

Emerson Electric Co's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.951. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €5.43 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Emerson Electric Co's average E10 Growth Rate was 3.90% per year. During the past 3 years, the average E10 Growth Rate was 16.00% per year. During the past 5 years, the average E10 Growth Rate was 16.20% per year. During the past 10 years, the average E10 Growth Rate was 8.40% 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 Emerson Electric Co was 22.30% per year. The lowest was 0.70% per year. And the median was 6.60% per year.

As of today (2026-06-27), Emerson Electric Co's current stock price is €124.90. Emerson Electric Co's E10 for the quarter that ended in Mar. 2026 was €5.43. Emerson Electric Co's Shiller PE Ratio of today is 23.00.

During the past 13 years, the highest Shiller PE Ratio of Emerson Electric Co was 30.11. The lowest was 13.32. And the median was 20.58.


Emerson Electric Co  (HAM:EMR) 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.

Emerson Electric Co's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=124.90/5.43
=23.00

* 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 Emerson Electric Co was 30.11. The lowest was 13.32. And the median was 20.58.


Be Aware

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


Emerson Electric Co E10 Related Terms


Emerson Electric Co E10 Historical Data

* Premium members only.

The historical data trend for Emerson Electric 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.

Emerson Electric Co E10 Chart

Emerson Electric Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 4.13 5.80 5.52 5.28

Emerson Electric Co 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 5.67 5.30 5.28 5.42 5.43

HAM:EMR vs CMI, ITW, PH: E10 Comparison

For the Specialty Industrial Machinery subindustry, Emerson Electric 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.


Emerson Electric Co Shiller PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Emerson Electric Co's Shiller PE Ratio distribution charts can be found below:

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


HAM:EMR
85GF Score
Emerson Electric Co HAM:EMR
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emerson Electric 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, Emerson Electric Co'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)
=0.951/330.2130*330.2130
=0.951

Current CPI (Mar. 2026) = 330.2130.

Emerson Electric Co Quarterly Data

per share eps CPI Adj_EPS
201606 0.659 241.018 0.903
201609 0.606 241.428 0.829
201612 0.455 241.432 0.622
201703 0.421 243.801 0.570
201706 0.570 244.955 0.768
201709 0.654 246.819 0.875
201712 0.515 246.524 0.690
201803 0.616 249.554 0.815
201806 0.959 251.989 1.257
201809 0.831 252.439 1.087
201812 0.650 251.233 0.854
201903 0.743 254.202 0.965
201906 0.858 256.143 1.106
201909 1.053 256.759 1.354
201912 0.477 256.974 0.613
202003 0.760 258.115 0.972
202006 0.595 257.797 0.762
202009 1.019 260.280 1.293
202012 0.608 260.474 0.771
202103 0.781 264.877 0.974
202106 0.863 271.696 1.049
202109 0.944 274.310 1.136
202112 1.328 278.802 1.573
202203 1.026 287.504 1.178
202206 1.461 296.311 1.628
202209 1.249 296.808 1.390
202212 3.748 296.797 4.170
202303 1.289 301.836 1.410
202306 15.026 305.109 16.262
202309 1.209 307.789 1.297
202312 0.229 306.746 0.247
202403 0.800 312.332 0.846
202406 0.530 314.175 0.557
202409 1.559 315.301 1.633
202412 0.974 315.605 1.019
202503 0.795 319.799 0.821
202506 0.902 322.561 0.923
202509 0.954 324.800 0.970
202512 0.914 324.054 0.931
202603 0.951 330.213 0.951

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 €5.43 mean?
Emerson Electric Co (HAM:EMR) has a E10 of €5.43 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Emerson Electric Co and its competitors.
Is Emerson Electric Co's E10 too high?
Emerson Electric Co's current E10 is €5.43. Overall, Emerson Electric Co has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emerson Electric Co's E10 compare to CMI and ITW?
Emerson Electric Co's E10 of €5.43 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good E10 depends on the Industrial Products 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 Emerson Electric Co and its competitors. Emerson Electric Co's current E10 is €5.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerson Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Emerson Electric Co (HAM:EMR) is currently considered Modestly Overvalued. The stock's GF Value™ is €112.37, compared to a current price of €124.90 — trading 11.2% above its estimated fair value. The current E10 is €5.43. Emerson Electric Co's overall GF Score™ is 85/100 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 Emerson Electric Co (HAM:EMR), the current E10 is €5.43 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 Emerson Electric Co (HAM:EMR) Overvalued in 2026?

Based on GuruFocus' analysis, Emerson Electric Co stock appears to be overvalued. The current stock price of €124.90 is trading 11.2% above its estimated GF Value™ of €112.37. GuruFocus considers Emerson Electric Co to be Modestly Overvalued.

Key valuation signals for HAM:EMR:

  • E10: €5.43
  • GF Value™: €112.37 vs. price of €124.90 (11.2% above fair value)
  • GF Score™: 85/100 with 6 warning signs

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


Emerson Electric Co Business Description

Address 8027 Forsyth Boulevard, St. Louis, MO, USA, 63105
Founded in 1890 as the first manufacturer of electric fans in North America, Emerson Electric has become a leading industrial automation player through the acquisition of established brands. Emerson organizes its business into seven segments that sell a wide range of automation software, power tools, and automation hardware such as valves, gauges, and switches. In recent years, Emerson divested its climate technology and consumer businesses to become more of a pure-play industrial automation company. The automation of a factory is an enticing long-term proposition for manufacturers, helping reduce accident rates and raise uptime and productivity.
85GF Score

Get the complete analysis for HAM:EMR

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

€124.90
Price
€112.37
GF Value